LJT: what changed
LJT
Largest movements
- Cash +€53,619
up €53,619 (+75,840%), from €71 to €53,690
mainly Other debts (+€71,475) and Depreciation (+€29,385)
- Tangible fixed assets -€18,305
down €18,305 (-4.6%), from €401,145 to €382,841
of which Land and buildings: -€19,043
- Deferred charges and accrued income +€10,680
up €10,680 (+1,958%), from €545 to €11,225
- Receivables within one year +€7,383
up €7,383 (+55.4%), from €13,315 to €20,698
of which Trade receivables: +€6,637
- Stocks and contracts -€5,070
down €5,070 (-55.1%), from €9,202 to €4,132
- Other debts +€71,475
up €71,475 (+55.6%), from €128,561 to €200,036
- Debts after one year -€22,575
down €22,575 (-16.3%), from €138,793 to €116,218
- Gross operating margin -€19,103
down €19,103 (-35.6%), from €53,662 to €34,559
- Financial charges -€1,396
down €1,396 (-28.4%), from €4,908 to €3,512
- Depreciation +€738
up €738 (+2.6%), from €28,647 to €29,385
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €424,279 | €472,585 | +€48,307 | +11.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €401,145 | €382,841 | -€18,305 | -4.6% |
| Tangible fixed assets | 22/27 | €401,145 | €382,841 | -€18,305 | -4.6% |
| Land and buildings | 22 | €372,573 | €353,530 | -€19,043 | -5.1% |
| Plant, machinery and equipment | 23 | €25,537 | €25,939 | +€402 | +1.6% |
| Furniture and vehicles | 24 | €3,035 | €3,371 | +€336 | +11.1% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €23,133 | €89,745 | +€66,612 | +288% |
| Stocks and contracts in progress | 3 | €9,202 | €4,132 | -€5,070 | -55.1% |
| Stocks | 30/36 | €9,202 | €4,132 | -€5,070 | -55.1% |
| Amounts receivable within one year | 40/41 | €13,315 | €20,698 | +€7,383 | +55.4% |
| Trade receivables | 40 | €12,954 | €19,590 | +€6,637 | +51.2% |
| Other amounts receivable | 41 | €361 | €1,108 | +€746 | +206% |
| Cash at bank and in hand | 54/58 | €71 | €53,690 | +€53,619 | +75,840% |
| Deferred charges and accrued income | 490/1 | €545 | €11,225 | +€10,680 | +1,958% |
| Total equity and liabilities | 10/49 | €424,279 | €472,585 | +€48,307 | +11.4% |
| Equity | 10/15 | €128,020 | €128,072 | +€52 | 0.0% |
| Contributions | 10/11 | €126,200 | €126,200 | = | 0.0% |
| Reserves | 13 | €1,820 | €1,872 | +€52 | +2.8% |
| Distributable reserves | 133 | €1,820 | €1,872 | +€52 | +2.8% |
| Amounts payable | 17/49 | €296,258 | €344,513 | +€48,255 | +16.3% |
| Amounts payable after more than one year | 17 | €138,793 | €116,218 | -€22,575 | -16.3% |
| Financial debts | 170/4 | €138,793 | €116,218 | -€22,575 | -16.3% |
| Amounts payable within one year | 42/48 | €157,466 | €227,714 | +€70,248 | +44.6% |
| Current portion of amounts payable after more than one year | 42 | €22,473 | €22,575 | +€101 | +0.5% |
| Trade debts | 44 | €2,675 | €2,101 | -€575 | -21.5% |
| Suppliers | 440/4 | €2,675 | €2,101 | -€575 | -21.5% |
| Taxes, remuneration and social security | 45 | €3,756 | €3,002 | -€754 | -20.1% |
| Taxes | 450/3 | €3,756 | €3,002 | -€754 | -20.1% |
| Other amounts payable | 47/48 | €128,561 | €200,036 | +€71,475 | +55.6% |
| Accrued charges and deferred income | 492/3 | - | €582 | +€582 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,647 | €29,385 | +€738 | +2.6% |
| Other operating charges | 640/8 | €1,480 | €1,611 | +€131 | +8.9% |
| Gross operating margin | 9900 | €53,662 | €34,559 | -€19,103 | -35.6% |
| Operating profit (loss) | 9901 | €23,535 | €3,562 | -€19,973 | -84.9% |
| Financial income | 75/76B | €3 | €1 | -€2 | -60.1% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -60.1% |
| Financial charges | 65/66B | €4,908 | €3,512 | -€1,396 | -28.4% |
| Recurring financial charges | 65 | €4,908 | €3,512 | -€1,396 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €18,630 | €52 | -€18,579 | -99.7% |
| Profit (loss) for the period | 9904 | €18,630 | €52 | -€18,579 | -99.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,630 | €52 | -€18,579 | -99.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.