LJS RECYCLING: 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.
LJS RECYCLING
Largest movements
- Cash +€129,731
up €129,731 (+85.7%), from €151,316 to €281,047
mainly Net result for the year (+€215,582) and Depreciation (+€93,579)
- Receivables within one year -€80,498
down €80,498 (-16.3%), from €495,054 to €414,556
of which Other amounts receivable: -€82,291
- Intangible fixed assets -€30,000
down €30,000 (-86.0%), from €34,898 to €4,898
- Tangible fixed assets -€21,203
down €21,203 (-9.8%), from €216,162 to €194,960
of which Leasing and similar rights: -€34,020
- Profit (loss) carried forward +€93,582
up €93,582 (+59.6%), from €156,987 to €250,568
- Other debts -€78,000
down €78,000 (-39.0%), from €200,000 to €122,000
- Debts after one year -€41,508
down €41,508 (-40.3%), from €103,040 to €61,532
- Tax, wage and social debts +€15,353
up €15,353 (+14.4%), from €106,574 to €121,927
of which Remuneration and social security: +€14,506
- Gross operating margin +€111,466
up €111,466 (+18.7%), from €596,053 to €707,520
- Staff costs +€95,827
up €95,827 (+42.7%), from €224,442 to €320,269
- Taxes -€13,466
down €13,466 (-20.1%), from €67,061 to €53,595
- Depreciation +€9,326
up €9,326 (+11.1%), from €84,254 to €93,579
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 | €903,323 | €900,703 | -€2,620 | -0.3% |
| Fixed assets | 21/28 | €251,061 | €199,858 | -€51,203 | -20.4% |
| Intangible fixed assets | 21 | €34,898 | €4,898 | -€30,000 | -86.0% |
| Tangible fixed assets | 22/27 | €216,162 | €194,960 | -€21,203 | -9.8% |
| Plant, machinery and equipment | 23 | €24,096 | €36,465 | +€12,369 | +51.3% |
| Furniture and vehicles | 24 | €47,217 | €47,666 | +€449 | +1.0% |
| Leasing and similar rights | 25 | €144,849 | €110,829 | -€34,020 | -23.5% |
| Current assets | 29/58 | €652,262 | €700,845 | +€48,582 | +7.4% |
| Amounts receivable within one year | 40/41 | €495,054 | €414,556 | -€80,498 | -16.3% |
| Trade receivables | 40 | €324,010 | €325,802 | +€1,792 | +0.6% |
| Other amounts receivable | 41 | €171,045 | €88,754 | -€82,291 | -48.1% |
| Cash at bank and in hand | 54/58 | €151,316 | €281,047 | +€129,731 | +85.7% |
| Deferred charges and accrued income | 490/1 | €5,893 | €5,242 | -€650 | -11.0% |
| Total equity and liabilities | 10/49 | €903,323 | €900,703 | -€2,620 | -0.3% |
| Equity | 10/15 | €158,487 | €252,068 | +€93,582 | +59.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €156,987 | €250,568 | +€93,582 | +59.6% |
| Amounts payable | 17/49 | €744,837 | €648,635 | -€96,202 | -12.9% |
| Amounts payable after more than one year | 17 | €103,040 | €61,532 | -€41,508 | -40.3% |
| Financial debts | 170/4 | €103,040 | €61,532 | -€41,508 | -40.3% |
| Amounts payable within one year | 42/48 | €641,797 | €587,103 | -€54,694 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €91,477 | €94,290 | +€2,813 | +3.1% |
| Trade debts | 44 | €243,746 | €248,885 | +€5,139 | +2.1% |
| Suppliers | 440/4 | €243,746 | €248,885 | +€5,139 | +2.1% |
| Taxes, remuneration and social security | 45 | €106,574 | €121,927 | +€15,353 | +14.4% |
| Taxes | 450/3 | €75,451 | €76,299 | +€847 | +1.1% |
| Remuneration and social security | 454/9 | €31,122 | €45,628 | +€14,506 | +46.6% |
| Other amounts payable | 47/48 | €200,000 | €122,000 | -€78,000 | -39.0% |
| Remuneration, social security and pensions | 62 | €224,442 | €320,269 | +€95,827 | +42.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,254 | €93,579 | +€9,326 | +11.1% |
| Other operating charges | 640/8 | €2,627 | €2,549 | -€79 | -3.0% |
| Gross operating margin | 9900 | €596,053 | €707,520 | +€111,466 | +18.7% |
| Operating profit (loss) | 9901 | €284,730 | €291,122 | +€6,392 | +2.2% |
| Financial charges | 65/66B | €17,780 | €21,945 | +€4,165 | +23.4% |
| Recurring financial charges | 65 | €17,780 | €21,945 | +€4,165 | +23.4% |
| Profit (loss) for the period before taxes | 9903 | €266,950 | €269,177 | +€2,227 | +0.8% |
| Income taxes | 67/77 | €67,061 | €53,595 | -€13,466 | -20.1% |
| Profit (loss) for the period | 9904 | €199,889 | €215,582 | +€15,693 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €199,889 | €215,582 | +€15,693 | +7.9% |
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 28 October 2026 via checked.be.