LJV: what changed
Two fiscal 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.
LJV
Largest movements
- Tangible fixed assets +€69,385
up €69,385 (+700.3%), from €9,908 to €79,292
- Receivables within one year +€9,826
up €9,826 (+11.9%), from €82,280 to €92,106
- Debts after one year +€60,343
new in 2025: €60,343
- Reserves +€13,476
up €13,476 (+22.3%), from €60,381 to €73,857
- Current portion of long-term debt +€10,144
up €10,144 (+234.3%), from €4,330 to €14,475
- Trade debts -€1,841
down €1,841 (-18.7%), from €9,852 to €8,012
- Financial charges +€2,313
up €2,313 (+136.0%), from €1,701 to €4,014
- Depreciation +€2,181
up €2,181 (+15.5%), from €14,113 to €16,294
- Taxes -€2,171
down €2,171 (-23.4%), from €9,270 to €7,099
- Gross operating margin -€2,107
down €2,107 (-5.2%), from €40,541 to €38,434
- Other operating charges +€1,909
up €1,909 (+213.3%), from €895 to €2,804
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,318 | €172,328 | +€80,011 | +86.7% |
| Fixed assets | 21/28 | €9,908 | €79,292 | +€69,385 | +700.3% |
| Tangible fixed assets | 22/27 | €9,908 | €79,292 | +€69,385 | +700.3% |
| Furniture and vehicles | 24 | €9,908 | €79,292 | +€69,385 | +700.3% |
| Current assets | 29/58 | €82,410 | €93,036 | +€10,626 | +12.9% |
| Amounts receivable within one year | 40/41 | €82,280 | €92,106 | +€9,826 | +11.9% |
| Other amounts receivable | 41 | €82,280 | €92,106 | +€9,826 | +11.9% |
| Deferred charges and accrued income | 490/1 | €130 | €930 | +€800 | +614.3% |
| Total equity and liabilities | 10/49 | €92,318 | €172,328 | +€80,011 | +86.7% |
| Equity | 10/15 | €67,260 | €80,735 | +€13,476 | +20.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €60,381 | €73,857 | +€13,476 | +22.3% |
| Distributable reserves | 133 | €60,381 | €73,857 | +€13,476 | +22.3% |
| Profit (loss) carried forward | 14 | €679 | €679 | = | 0.0% |
| Amounts payable | 17/49 | €25,058 | €91,593 | +€66,535 | +265.5% |
| Amounts payable after more than one year | 17 | - | €60,343 | +€60,343 | |
| Financial debts | 170/4 | - | €60,343 | +€60,343 | |
| Amounts payable within one year | 42/48 | €25,058 | €31,250 | +€6,192 | +24.7% |
| Current portion of amounts payable after more than one year | 42 | €4,330 | €14,475 | +€10,144 | +234.3% |
| Financial debts | 43 | €1,606 | €395 | -€1,211 | -75.4% |
| Other loans | 439 | €1,606 | €395 | -€1,211 | -75.4% |
| Trade debts | 44 | €9,852 | €8,012 | -€1,841 | -18.7% |
| Suppliers | 440/4 | €9,852 | €8,012 | -€1,841 | -18.7% |
| Taxes, remuneration and social security | 45 | €9,270 | €8,369 | -€901 | -9.7% |
| Taxes | 450/3 | €9,270 | €8,369 | -€901 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,113 | €16,294 | +€2,181 | +15.5% |
| Other operating charges | 640/8 | €895 | €2,804 | +€1,909 | +213.3% |
| Gross operating margin | 9900 | €40,541 | €38,434 | -€2,107 | -5.2% |
| Operating profit (loss) | 9901 | €25,533 | €19,335 | -€6,198 | -24.3% |
| Financial income | 75/76B | €3,730 | €5,253 | +€1,523 | +40.8% |
| Recurring financial income | 75 | €3,730 | €5,253 | +€1,523 | +40.8% |
| Financial charges | 65/66B | €1,701 | €4,014 | +€2,313 | +136.0% |
| Recurring financial charges | 65 | €1,701 | €4,014 | +€2,313 | +136.0% |
| Profit (loss) for the period before taxes | 9903 | €27,562 | €20,575 | -€6,987 | -25.4% |
| Income taxes | 67/77 | €9,270 | €7,099 | -€2,171 | -23.4% |
| Profit (loss) for the period | 9904 | €18,292 | €13,476 | -€4,817 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,292 | €13,476 | -€4,817 | -26.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.