BELGIAN EVENTS MJ: what changed
BELGIAN EVENTS MJ
Largest movements
- Intangible fixed assets +€561,723
new in 2025: €561,723
- Cash +€25,743
up €25,743 (+1,498%), from €1,719 to €27,462
mainly Debts after one year (+€409,677) and Other debts (+€117,219)
- Tangible fixed assets -€19,780
down €19,780 (-88.1%), from €22,441 to €2,661
of which Furniture and vehicles: -€21,034
- Receivables within one year -€6,097
down €6,097 (-46.0%), from €13,262 to €7,165
of which Trade receivables: -€6,952
- Debts after one year +€409,677
up €409,677 (+4,669%), from €8,774 to €418,451
- Other debts +€117,219
up €117,219 (+2,452%), from €4,781 to €122,000
- Current portion of long-term debt +€55,413
up €55,413 (+550%), from €10,073 to €65,486
- Profit (loss) carried forward -€49,160
down €49,160 (-2,088%), from -€2,354 to -€51,514
- Trade debts +€21,568
new in 2025: €21,568
- Gross operating margin +€93,376
up €93,376 (+1,549%), from €6,028 to €99,404
- Staff costs +€69,671
up €69,671 (+37,660%), from €185 to €69,856
- Depreciation +€44,790
up €44,790 (+556%), from €8,055 to €52,845
- Financial charges +€17,193
up €17,193 (+1,201%), from €1,432 to €18,625
- Other operating charges +€6,837
up €6,837 (+1,696%), from €403 to €7,240
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,971 | €602,598 | +€563,627 | +1,446% |
| Fixed assets | 21/28 | €22,441 | €564,385 | +€541,944 | +2,415% |
| Intangible fixed assets | 21 | - | €561,723 | +€561,723 | |
| Tangible fixed assets | 22/27 | €22,441 | €2,661 | -€19,780 | -88.1% |
| Plant, machinery and equipment | 23 | €550 | €1,804 | +€1,254 | +228% |
| Furniture and vehicles | 24 | €21,891 | €857 | -€21,034 | -96.1% |
| Current assets | 29/58 | €16,530 | €38,213 | +€21,683 | +131% |
| Stocks and contracts in progress | 3 | - | €1,802 | +€1,802 | |
| Stocks | 30/36 | - | €1,802 | +€1,802 | |
| Amounts receivable within one year | 40/41 | €13,262 | €7,165 | -€6,097 | -46.0% |
| Trade receivables | 40 | €12,911 | €5,959 | -€6,952 | -53.8% |
| Other amounts receivable | 41 | €351 | €1,206 | +€855 | +244% |
| Cash at bank and in hand | 54/58 | €1,719 | €27,462 | +€25,743 | +1,498% |
| Deferred charges and accrued income | 490/1 | €1,549 | €1,784 | +€235 | +15.2% |
| Total equity and liabilities | 10/49 | €38,971 | €602,598 | +€563,627 | +1,446% |
| Equity | 10/15 | €1,646 | -€47,514 | -€49,160 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,354 | -€51,514 | -€49,160 | -2,088% |
| Amounts payable | 17/49 | €37,325 | €650,112 | +€612,787 | +1,642% |
| Amounts payable after more than one year | 17 | €8,774 | €418,451 | +€409,677 | +4,669% |
| Financial debts | 170/4 | €8,774 | €418,451 | +€409,677 | +4,669% |
| Amounts payable within one year | 42/48 | €28,453 | €230,405 | +€201,952 | +710% |
| Current portion of amounts payable after more than one year | 42 | €10,073 | €65,486 | +€55,413 | +550% |
| Financial debts | 43 | €9,237 | - | -€9,237 | |
| Credit institutions | 430/8 | €9,237 | - | -€9,237 | |
| Trade debts | 44 | - | €21,568 | +€21,568 | |
| Suppliers | 440/4 | - | €21,568 | +€21,568 | |
| Taxes, remuneration and social security | 45 | €4,362 | €21,352 | +€16,990 | +389% |
| Taxes | 450/3 | €4,362 | €10,526 | +€6,164 | +141% |
| Remuneration and social security | 454/9 | - | €10,826 | +€10,826 | |
| Other amounts payable | 47/48 | €4,781 | €122,000 | +€117,219 | +2,452% |
| Accrued charges and deferred income | 492/3 | €98 | €1,256 | +€1,158 | +1,182% |
| Remuneration, social security and pensions | 62 | €185 | €69,856 | +€69,671 | +37,660% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,055 | €52,845 | +€44,790 | +556% |
| Other operating charges | 640/8 | €403 | €7,240 | +€6,837 | +1,696% |
| Gross operating margin | 9900 | €6,028 | €99,404 | +€93,376 | +1,549% |
| Operating profit (loss) | 9901 | -€2,615 | -€30,537 | -€27,922 | -1,068% |
| Financial income | 75/76B | €2 | €135 | +€133 | +6,640% |
| Recurring financial income | 75 | €2 | €47 | +€45 | +2,249% |
| Non-recurring financial income | 76B | - | €88 | +€88 | |
| Financial charges | 65/66B | €1,432 | €18,625 | +€17,193 | +1,201% |
| Recurring financial charges | 65 | €1,432 | €18,625 | +€17,193 | +1,201% |
| Profit (loss) for the period before taxes | 9903 | -€4,045 | -€49,027 | -€44,982 | -1,112% |
| Income taxes | 67/77 | €129 | €132 | +€3 | +2.3% |
| Profit (loss) for the period | 9904 | -€4,174 | -€49,159 | -€44,985 | -1,078% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,174 | -€49,159 | -€44,985 | -1,078% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.