THIERRY LEJUSTE: 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.
THIERRY LEJUSTE
Largest movements
- Financial fixed assets +€110,361
up €110,361 (+15.2%), from €725,605 to €835,966
- Current investments +€65,267
up €65,267 (+46.6%), from €140,109 to €205,376
- Receivables within one year -€33,403
down €33,403 (-38.7%), from €86,376 to €52,973
of which Trade receivables: -€32,986
- Cash +€13,628
up €13,628 (+63.1%), from €21,612 to €35,240
mainly Net result for the year (+€196,357) and Receivables within one year (+€33,403)
- Reserves +€196,357
up €196,357 (+26.5%), from €742,155 to €938,512
- Other debts -€38,316
down €38,316 (-35.6%), from €107,733 to €69,416
- Gross operating margin +€3,919
up €3,919 (+1.4%), from €281,430 to €285,349
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €983,687 | €1,136,924 | +€153,237 | +15.6% |
| Fixed assets | 21/28 | €735,590 | €843,335 | +€107,745 | +14.6% |
| Tangible fixed assets | 22/27 | €9,985 | €7,369 | -€2,616 | -26.2% |
| Furniture and vehicles | 24 | €8,453 | €6,603 | -€1,850 | -21.9% |
| Other tangible fixed assets | 26 | €1,532 | €766 | -€766 | -50.0% |
| Financial fixed assets | 28 | €725,605 | €835,966 | +€110,361 | +15.2% |
| Current assets | 29/58 | €248,097 | €293,589 | +€45,492 | +18.3% |
| Amounts receivable within one year | 40/41 | €86,376 | €52,973 | -€33,403 | -38.7% |
| Trade receivables | 40 | €84,397 | €51,410 | -€32,986 | -39.1% |
| Other amounts receivable | 41 | €1,979 | €1,563 | -€417 | -21.0% |
| Current investments | 50/53 | €140,109 | €205,376 | +€65,267 | +46.6% |
| Cash at bank and in hand | 54/58 | €21,612 | €35,240 | +€13,628 | +63.1% |
| Total equity and liabilities | 10/49 | €983,687 | €1,136,924 | +€153,237 | +15.6% |
| Equity | 10/15 | €754,655 | €951,012 | +€196,357 | +26.0% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €742,155 | €938,512 | +€196,357 | +26.5% |
| Distributable reserves | 133 | €742,155 | €938,512 | +€196,357 | +26.5% |
| Amounts payable | 17/49 | €229,032 | €185,912 | -€43,120 | -18.8% |
| Amounts payable after more than one year | 17 | €67,000 | €67,000 | = | 0.0% |
| Other amounts payable | 178/9 | €67,000 | €67,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €162,032 | €118,912 | -€43,120 | -26.6% |
| Trade debts | 44 | €2,055 | €173 | -€1,882 | -91.6% |
| Suppliers | 440/4 | €2,055 | €173 | -€1,882 | -91.6% |
| Taxes, remuneration and social security | 45 | €52,244 | €49,322 | -€2,922 | -5.6% |
| Taxes | 450/3 | €52,244 | €49,322 | -€2,922 | -5.6% |
| Other amounts payable | 47/48 | €107,733 | €69,416 | -€38,316 | -35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,602 | €2,616 | +€14 | +0.5% |
| Other operating charges | 640/8 | €488 | - | -€488 | |
| Gross operating margin | 9900 | €281,430 | €285,349 | +€3,919 | +1.4% |
| Operating profit (loss) | 9901 | €278,340 | €282,733 | +€4,392 | +1.6% |
| Financial income | 75/76B | €4,293 | €5,758 | +€1,465 | +34.1% |
| Recurring financial income | 75 | €4,293 | €5,758 | +€1,465 | +34.1% |
| Financial charges | 65/66B | €2,694 | €3,124 | +€431 | +16.0% |
| Recurring financial charges | 65 | €2,694 | €3,124 | +€431 | +16.0% |
| Profit (loss) for the period before taxes | 9903 | €279,939 | €285,366 | +€5,426 | +1.9% |
| Income taxes | 67/77 | €88,182 | €89,008 | +€826 | +0.9% |
| Profit (loss) for the period | 9904 | €191,757 | €196,357 | +€4,600 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €191,757 | €196,357 | +€4,600 | +2.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.