LJO CONSULT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LJO CONSULT
Largest movements
- Tangible fixed assets -€7,814
down €7,814 (-25.4%), from €30,719 to €22,905
- Cash -€6,915
down €6,915 (-10.6%), from €65,461 to €58,547
mainly Contributions, distributions and other (-€11,200) and Debts after one year (-€4,420)
- Deferred charges and accrued income +€3,563
up €3,563 (+421%), from €846 to €4,409
- Debts after one year -€4,420
down €4,420 (-27.9%), from €15,849 to €11,429
- Tax, wage and social debts -€3,774
down €3,774 (-22.5%), from €16,800 to €13,026
of which Taxes: -€5,714
- Other debts -€2,275
down €2,275 (-6.1%), from €37,063 to €34,788
- Financial charges +€32,187
up €32,187 (+3,968%), from €811 to €32,998
- Gross operating margin +€6,396
up €6,396 (+12.3%), from €52,213 to €58,609
- Taxes -€6,179
down €6,179 (-61.3%), from €10,085 to €3,906
- Depreciation +€2,328
up €2,328 (+42.4%), from €5,486 to €7,814
- Staff costs +€1,866
new in 2025: €1,866
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €108,091 | €97,860 | -€10,231 | -9.5% |
| Fixed assets | 21/28 | €30,719 | €22,905 | -€7,814 | -25.4% |
| Tangible fixed assets | 22/27 | €30,719 | €22,905 | -€7,814 | -25.4% |
| Furniture and vehicles | 24 | €30,719 | €22,905 | -€7,814 | -25.4% |
| Current assets | 29/58 | €77,371 | €74,955 | -€2,416 | -3.1% |
| Amounts receivable within one year | 40/41 | €11,064 | €12,000 | +€936 | +8.5% |
| Trade receivables | 40 | €10,664 | €12,000 | +€1,336 | +12.5% |
| Other amounts receivable | 41 | €400 | €0 | -€400 | -100% |
| Cash at bank and in hand | 54/58 | €65,461 | €58,547 | -€6,915 | -10.6% |
| Deferred charges and accrued income | 490/1 | €846 | €4,409 | +€3,563 | +421% |
| Total equity and liabilities | 10/49 | €108,091 | €97,860 | -€10,231 | -9.5% |
| Equity | 10/15 | €33,517 | €33,587 | +€70 | +0.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €32,500 | €32,500 | = | 0.0% |
| Distributable reserves | 133 | €32,500 | €32,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17 | €87 | +€70 | +422% |
| Amounts payable | 17/49 | €74,574 | €64,273 | -€10,301 | -13.8% |
| Amounts payable after more than one year | 17 | €15,849 | €11,429 | -€4,420 | -27.9% |
| Financial debts | 170/4 | €15,849 | €11,429 | -€4,420 | -27.9% |
| Amounts payable within one year | 42/48 | €58,725 | €52,844 | -€5,881 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €4,804 | €4,420 | -€384 | -8.0% |
| Trade debts | 44 | €58 | €610 | +€552 | +951% |
| Suppliers | 440/4 | €58 | €610 | +€552 | +951% |
| Taxes, remuneration and social security | 45 | €16,800 | €13,026 | -€3,774 | -22.5% |
| Taxes | 450/3 | €16,800 | €11,086 | -€5,714 | -34.0% |
| Remuneration and social security | 454/9 | €0 | €1,940 | +€1,940 | |
| Other amounts payable | 47/48 | €37,063 | €34,788 | -€2,275 | -6.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | - | €1,866 | +€1,866 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,486 | €7,814 | +€2,328 | +42.4% |
| Other operating charges | 640/8 | €1,212 | €755 | -€457 | -37.7% |
| Gross operating margin | 9900 | €52,213 | €58,609 | +€6,396 | +12.3% |
| Operating profit (loss) | 9901 | €45,515 | €48,174 | +€2,659 | +5.8% |
| Financial charges | 65/66B | €811 | €32,998 | +€32,187 | +3,968% |
| Recurring financial charges | 65 | €811 | €32,998 | +€32,187 | +3,968% |
| Profit (loss) for the period before taxes | 9903 | €44,704 | €15,176 | -€29,528 | -66.1% |
| Income taxes | 67/77 | €10,085 | €3,906 | -€6,179 | -61.3% |
| Profit (loss) for the period | 9904 | €34,618 | €11,270 | -€23,348 | -67.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,618 | €11,270 | -€23,348 | -67.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.