TJ LEX: 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.
TJ LEX
Largest movements
- Tangible fixed assets -€16,402
down €16,402 (-25.5%), from €64,255 to €47,853
of which Furniture and vehicles: -€14,878
- Debts after one year -€13,891
down €13,891 (-33.6%), from €41,405 to €27,513
- Reserves +€13,518
up €13,518 (+17.2%), from €78,688 to €92,206
of which Distributable reserves: +€13,518
- Tax, wage and social debts -€10,633
down €10,633 (-81.1%), from €13,107 to €2,474
- Other debts -€6,189
down €6,189 (-9.1%), from €67,969 to €61,780
- Financial income +€15,000
new in 2025: €15,000
- Taxes -€5,312
down €5,312 (-19.2%), from €27,724 to €22,412
- Gross operating margin -€3,225
down €3,225 (-2.7%), from €118,701 to €115,476
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.
Derived cash bridge
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 | €234,923 | €218,287 | -€16,636 | -7.1% |
| Fixed assets | 21/28 | €218,728 | €202,327 | -€16,402 | -7.5% |
| Tangible fixed assets | 22/27 | €64,255 | €47,853 | -€16,402 | -25.5% |
| Furniture and vehicles | 24 | €55,543 | €40,666 | -€14,878 | -26.8% |
| Other tangible fixed assets | 26 | €8,711 | €7,187 | -€1,524 | -17.5% |
| Financial fixed assets | 28 | €154,474 | €154,474 | = | 0.0% |
| Current assets | 29/58 | €16,195 | €15,960 | -€235 | -1.4% |
| Amounts receivable within one year | 40/41 | €1,966 | €3,129 | +€1,162 | +59.1% |
| Trade receivables | 40 | €1,966 | €541 | -€1,426 | -72.5% |
| Other amounts receivable | 41 | - | €2,588 | +€2,588 | |
| Cash at bank and in hand | 54/58 | €11,444 | €11,885 | +€441 | +3.9% |
| Deferred charges and accrued income | 490/1 | €2,784 | €946 | -€1,838 | -66.0% |
| Total equity and liabilities | 10/49 | €234,923 | €218,287 | -€16,636 | -7.1% |
| Equity | 10/15 | €99,111 | €112,629 | +€13,518 | +13.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €78,688 | €92,206 | +€13,518 | +17.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €76,828 | €90,346 | +€13,518 | +17.6% |
| Profit (loss) carried forward | 14 | €1,823 | €1,823 | = | 0.0% |
| Amounts payable | 17/49 | €135,812 | €105,658 | -€30,154 | -22.2% |
| Amounts payable after more than one year | 17 | €41,405 | €27,513 | -€13,891 | -33.6% |
| Financial debts | 170/4 | €41,405 | €27,513 | -€13,891 | -33.6% |
| Amounts payable within one year | 42/48 | €94,408 | €78,145 | -€16,263 | -17.2% |
| Current portion of amounts payable after more than one year | 42 | €13,332 | €13,891 | +€559 | +4.2% |
| Taxes, remuneration and social security | 45 | €13,107 | €2,474 | -€10,633 | -81.1% |
| Taxes | 450/3 | €13,107 | €2,474 | -€10,633 | -81.1% |
| Other amounts payable | 47/48 | €67,969 | €61,780 | -€6,189 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,173 | €16,402 | +€228 | +1.4% |
| Other operating charges | 640/8 | €585 | €971 | +€385 | +65.8% |
| Gross operating margin | 9900 | €118,701 | €115,476 | -€3,225 | -2.7% |
| Operating profit (loss) | 9901 | €101,942 | €98,103 | -€3,839 | -3.8% |
| Financial income | 75/76B | - | €15,000 | +€15,000 | |
| Recurring financial income | 75 | - | €15,000 | +€15,000 | |
| Financial charges | 65/66B | €2,714 | €2,173 | -€541 | -19.9% |
| Recurring financial charges | 65 | €2,714 | €2,173 | -€541 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €99,228 | €110,930 | +€11,702 | +11.8% |
| Income taxes | 67/77 | €27,724 | €22,412 | -€5,312 | -19.2% |
| Profit (loss) for the period | 9904 | €71,504 | €88,518 | +€17,014 | +23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €71,504 | €88,518 | +€17,014 | +23.8% |
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 14 October 2026 via checked.be.