LJY: 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.
LJY
Largest movements
- Tangible fixed assets -€22,831
down €22,831 (-73.1%), from €31,218 to €8,387
of which Furniture and vehicles: -€18,680
- Debts after one year -€49,686
down €49,686 (-23.0%), from €215,695 to €166,009
- Other debts +€44,737
up €44,737 (+13.8%), from €323,469 to €368,206
- Current portion of long-term debt -€9,326
down €9,326 (-13.0%), from €71,704 to €62,378
- Profit (loss) carried forward -€7,498
down €7,498 (-3.9%), from -€193,719 to -€201,218
- Depreciation -€25,984
down €25,984 (-86.1%), from €30,186 to €4,201
- Gross operating margin +€25,205
up €25,205, from -€17,596 to €7,610
- Financial charges -€2,092
down €2,092 (-17.1%), from €12,204 to €10,112
- Other operating charges -€1,036
down €1,036 (-61.3%), from €1,692 to €655
- Staff costs -€794
no longer reported in 2025 (was €794)
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 | €611,683 | €588,782 | -€22,901 | -3.7% |
| Fixed assets | 21/28 | €606,705 | €583,874 | -€22,831 | -3.8% |
| Tangible fixed assets | 22/27 | €31,218 | €8,387 | -€22,831 | -73.1% |
| Plant, machinery and equipment | 23 | €11,531 | €7,637 | -€3,894 | -33.8% |
| Furniture and vehicles | 24 | €18,730 | €50 | -€18,680 | -99.7% |
| Other tangible fixed assets | 26 | €958 | €700 | -€258 | -26.9% |
| Financial fixed assets | 28 | €575,487 | €575,487 | = | 0.0% |
| Current assets | 29/58 | €4,978 | €4,909 | -€70 | -1.4% |
| Amounts receivable within one year | 40/41 | €41 | €106 | +€65 | +160.7% |
| Other amounts receivable | 41 | €41 | €106 | +€65 | +160.7% |
| Cash at bank and in hand | 54/58 | €4,803 | €4,803 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €135 | - | -€135 | |
| Total equity and liabilities | 10/49 | €611,683 | €588,782 | -€22,901 | -3.7% |
| Equity | 10/15 | -€1,349 | -€8,848 | -€7,498 | -555.7% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €42,370 | €42,370 | = | 0.0% |
| Non-distributable reserves | 130/1 | €301 | €301 | = | 0.0% |
| Reserves not available under the articles | 1311 | €301 | €301 | = | 0.0% |
| Distributable reserves | 133 | €42,069 | €42,069 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€193,719 | -€201,218 | -€7,498 | -3.9% |
| Amounts payable | 17/49 | €613,033 | €597,630 | -€15,403 | -2.5% |
| Amounts payable after more than one year | 17 | €215,695 | €166,009 | -€49,686 | -23.0% |
| Financial debts | 170/4 | €215,695 | €166,009 | -€49,686 | -23.0% |
| Amounts payable within one year | 42/48 | €396,897 | €431,536 | +€34,639 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €71,704 | €62,378 | -€9,326 | -13.0% |
| Trade debts | 44 | €1,526 | €814 | -€712 | -46.7% |
| Suppliers | 440/4 | €1,526 | €814 | -€712 | -46.7% |
| Taxes, remuneration and social security | 45 | €199 | €139 | -€60 | -30.1% |
| Taxes | 450/3 | €199 | €139 | -€60 | -30.1% |
| Other amounts payable | 47/48 | €323,469 | €368,206 | +€44,737 | +13.8% |
| Accrued charges and deferred income | 492/3 | €441 | €85 | -€356 | -80.7% |
| Remuneration, social security and pensions | 62 | €794 | - | -€794 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,186 | €4,201 | -€25,984 | -86.1% |
| Other operating charges | 640/8 | €1,692 | €655 | -€1,036 | -61.3% |
| Gross operating margin | 9900 | -€17,596 | €7,610 | +€25,205 | |
| Operating profit (loss) | 9901 | -€50,267 | €2,753 | +€53,020 | |
| Financial charges | 65/66B | €12,204 | €10,112 | -€2,092 | -17.1% |
| Recurring financial charges | 65 | €12,204 | €10,112 | -€2,092 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | -€62,471 | -€7,359 | +€55,112 | +88.2% |
| Income taxes | 67/77 | €199 | €139 | -€60 | -30.1% |
| Profit (loss) for the period | 9904 | -€62,670 | -€7,498 | +€55,172 | +88.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,670 | -€7,498 | +€55,172 | +88.0% |
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 9 October 2026 via checked.be.