LJVB: 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.
LJVB
Largest movements
- Receivables within one year -€17,686
down €17,686 (-75.6%), from €23,395 to €5,708
of which Trade receivables: -€16,310
- Deferred charges and accrued income -€1,895
down €1,895 (-64.6%), from €2,935 to €1,039
- Stocks and contracts -€1,000
no longer reported in 2025 (was €1,000)
- Tangible fixed assets +€780
up €780 (+55.2%), from €1,415 to €2,195
of which Plant, machinery and equipment: +€1,521
- Cash +€641
up €641 (+7.0%), from €9,204 to €9,845
mainly Receivables within one year (+€17,686) and Trade debts (+€3,579)
- Profit (loss) carried forward -€16,685
down €16,685 (-40.6%), from -€41,077 to -€57,763
- Other debts -€4,023
down €4,023 (-19.6%), from €20,543 to €16,520
- Trade debts +€3,579
up €3,579 (+96.8%), from €3,697 to €7,277
- Current portion of long-term debt -€1,192
down €1,192 (-74.4%), from €1,603 to €411
- Tax, wage and social debts -€428
down €428 (-55.5%), from €771 to €343
of which Remuneration and social security: -€476
- Gross operating margin -€21,407
down €21,407, from €7,161 to -€14,246
- Financial income +€380
up €380 (+2867.7%), from €13 to €393
- Depreciation +€337
up €337 (+27.2%), from €1,237 to €1,574
- Financial charges -€296
down €296 (-47.9%), from €619 to €323
- Other operating charges -€161
down €161 (-17.9%), from €899 to €738
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
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 | €37,948 | €18,788 | -€19,160 | -50.5% |
| Fixed assets | 21/28 | €1,415 | €2,195 | +€780 | +55.2% |
| Tangible fixed assets | 22/27 | €1,415 | €2,195 | +€780 | +55.2% |
| Plant, machinery and equipment | 23 | €60 | €1,581 | +€1,521 | +2529.9% |
| Furniture and vehicles | 24 | €1,355 | €614 | -€741 | -54.7% |
| Current assets | 29/58 | €36,533 | €16,593 | -€19,941 | -54.6% |
| Stocks and contracts in progress | 3 | €1,000 | - | -€1,000 | |
| Stocks | 30/36 | €1,000 | - | -€1,000 | |
| Amounts receivable within one year | 40/41 | €23,395 | €5,708 | -€17,686 | -75.6% |
| Trade receivables | 40 | €20,617 | €4,307 | -€16,310 | -79.1% |
| Other amounts receivable | 41 | €2,777 | €1,401 | -€1,377 | -49.6% |
| Cash at bank and in hand | 54/58 | €9,204 | €9,845 | +€641 | +7.0% |
| Deferred charges and accrued income | 490/1 | €2,935 | €1,039 | -€1,895 | -64.6% |
| Total equity and liabilities | 10/49 | €37,948 | €18,788 | -€19,160 | -50.5% |
| Equity | 10/15 | €10,923 | -€5,763 | -€16,685 | |
| Contributions | 10/11 | €52,000 | €52,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,077 | -€57,763 | -€16,685 | -40.6% |
| Amounts payable | 17/49 | €27,026 | €24,551 | -€2,475 | -9.2% |
| Amounts payable after more than one year | 17 | €411 | - | -€411 | |
| Financial debts | 170/4 | €411 | - | -€411 | |
| Amounts payable within one year | 42/48 | €26,615 | €24,551 | -€2,064 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €1,603 | €411 | -€1,192 | -74.4% |
| Trade debts | 44 | €3,697 | €7,277 | +€3,579 | +96.8% |
| Suppliers | 440/4 | €3,697 | €7,277 | +€3,579 | +96.8% |
| Taxes, remuneration and social security | 45 | €771 | €343 | -€428 | -55.5% |
| Taxes | 450/3 | €295 | €343 | +€48 | +16.3% |
| Remuneration and social security | 454/9 | €476 | - | -€476 | |
| Other amounts payable | 47/48 | €20,543 | €16,520 | -€4,023 | -19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,237 | €1,574 | +€337 | +27.2% |
| Other operating charges | 640/8 | €899 | €738 | -€161 | -17.9% |
| Gross operating margin | 9900 | €7,161 | -€14,246 | -€21,407 | |
| Operating profit (loss) | 9901 | €5,025 | -€16,558 | -€21,583 | |
| Financial income | 75/76B | €13 | €393 | +€380 | +2867.7% |
| Recurring financial income | 75 | €13 | €393 | +€380 | +2867.7% |
| Financial charges | 65/66B | €619 | €323 | -€296 | -47.9% |
| Recurring financial charges | 65 | €619 | €323 | -€296 | -47.9% |
| Profit (loss) for the period before taxes | 9903 | €4,420 | -€16,487 | -€20,907 | |
| Income taxes | 67/77 | €145 | €198 | +€54 | +36.9% |
| Profit (loss) for the period | 9904 | €4,275 | -€16,685 | -€20,960 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,275 | -€16,685 | -€20,960 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.