LOJEM: 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.
LOJEM
Largest movements
- Cash +€20,796
up €20,796 (+33.6%), from €61,831 to €82,627
mainly Net result for the year (+€18,707) and Other debts (+€16,467)
- Tangible fixed assets -€5,050
down €5,050 (-31.0%), from €16,271 to €11,221
of which Furniture and vehicles: -€4,345
- Receivables within one year +€2,621
up €2,621 (+33.6%), from €7,793 to €10,415
of which Trade receivables: +€2,528
- Other debts +€16,467
up €16,467, from €0 to €16,467
- Debts after one year -€4,794
down €4,794 (-74.5%), from €6,438 to €1,644
- Tax, wage and social debts +€4,564
up €4,564 (+164.7%), from €2,771 to €7,335
- Reserves +€2,240
up €2,240 (+4.1%), from €54,440 to €56,680
of which Distributable reserves: +€2,240
- Gross operating margin +€9,636
up €9,636 (+42.2%), from €22,829 to €32,465
- Taxes +€2,514
up €2,514 (+46.5%), from €5,411 to €7,925
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 | €86,627 | €106,039 | +€19,413 | +22.4% |
| Fixed assets | 21/28 | €16,271 | €11,221 | -€5,050 | -31.0% |
| Tangible fixed assets | 22/27 | €16,271 | €11,221 | -€5,050 | -31.0% |
| Plant, machinery and equipment | 23 | €2,009 | €1,304 | -€705 | -35.1% |
| Furniture and vehicles | 24 | €14,262 | €9,917 | -€4,345 | -30.5% |
| Current assets | 29/58 | €70,356 | €94,818 | +€24,463 | +34.8% |
| Amounts receivable within one year | 40/41 | €7,793 | €10,415 | +€2,621 | +33.6% |
| Trade receivables | 40 | €7,473 | €10,001 | +€2,528 | +33.8% |
| Other amounts receivable | 41 | €320 | €414 | +€93 | +29.2% |
| Cash at bank and in hand | 54/58 | €61,831 | €82,627 | +€20,796 | +33.6% |
| Deferred charges and accrued income | 490/1 | €732 | €1,777 | +€1,045 | +142.9% |
| Total equity and liabilities | 10/49 | €86,627 | €106,039 | +€19,413 | +22.4% |
| Equity | 10/15 | €72,478 | €74,717 | +€2,240 | +3.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €54,440 | €56,680 | +€2,240 | +4.1% |
| Non-distributable reserves | 130/1 | €1,240 | €1,240 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,240 | €1,240 | = | 0.0% |
| Distributable reserves | 133 | €53,200 | €55,440 | +€2,240 | +4.2% |
| Profit (loss) carried forward | 14 | €5,637 | €5,637 | = | 0.0% |
| Amounts payable | 17/49 | €14,149 | €31,322 | +€17,173 | +121.4% |
| Amounts payable after more than one year | 17 | €6,438 | €1,644 | -€4,794 | -74.5% |
| Financial debts | 170/4 | €6,438 | €1,644 | -€4,794 | -74.5% |
| Amounts payable within one year | 42/48 | €7,711 | €29,678 | +€21,966 | +284.9% |
| Current portion of amounts payable after more than one year | 42 | €4,591 | €4,794 | +€202 | +4.4% |
| Trade debts | 44 | €349 | €1,082 | +€733 | +210.2% |
| Suppliers | 440/4 | €349 | €1,082 | +€733 | +210.2% |
| Taxes, remuneration and social security | 45 | €2,771 | €7,335 | +€4,564 | +164.7% |
| Taxes | 450/3 | €2,771 | €7,335 | +€4,564 | +164.7% |
| Other amounts payable | 47/48 | €0 | €16,467 | +€16,467 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,050 | €5,050 | = | 0.0% |
| Other operating charges | 640/8 | €680 | €765 | +€86 | +12.6% |
| Gross operating margin | 9900 | €22,829 | €32,465 | +€9,636 | +42.2% |
| Operating profit (loss) | 9901 | €17,099 | €26,649 | +€9,550 | +55.8% |
| Financial income | 75/76B | €536 | €483 | -€53 | -9.9% |
| Recurring financial income | 75 | €536 | €483 | -€53 | -9.9% |
| Financial charges | 65/66B | €697 | €500 | -€197 | -28.2% |
| Recurring financial charges | 65 | €697 | €500 | -€197 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €16,938 | €26,632 | +€9,694 | +57.2% |
| Income taxes | 67/77 | €5,411 | €7,925 | +€2,514 | +46.5% |
| Profit (loss) for the period | 9904 | €11,527 | €18,707 | +€7,180 | +62.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,527 | €18,707 | +€7,180 | +62.3% |
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 5 October 2026 via checked.be.