M.J.S. CONSULTING: 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.
What changed
M.J.S. CONSULTING
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€358,205
2024 · €265,068+€93,137
Equity
€3.6m
2024 · €3.3m+€258,205
Cash
€41,902
2024 · €77,556-€35,654
Balance sheet total
€8.0m
2024 · €8.1m-€94,375
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Debts after one year -€345,243
down €345,243 (-10.0%), from €3.5m to €3.1m
- Reserves +€258,205
up €258,205 (+46.4%), from €556,066 to €814,271
of which Distributable reserves: +€266,860
Income statement
- Gross operating margin +€233,747
up €233,747 (+24.7%), from €945,523 to €1.2m
- Depreciation +€128,209
up €128,209 (+46.0%), from €278,478 to €406,688
- Taxes +€71,248
up €71,248 (+109%), from €65,237 to €136,485
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.
Result 2024
€265,068
Gross operating margin
+€233,747
Staff costs
-€3,756
Depreciation
-€128,209
Other operating charges
-€3,021
Other operating items
+€61,942
Financial income
+€710
Financial charges
+€2,971
Taxes
-€71,248
Result 2025
€358,205
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€793,312
Investment
-€339,859
Financing
-€489,106
Cash 2024
€77,556
From operations (derived)
+€793,312
Net result for the year
+€358,205
Depreciation
+€406,688
Receivables within one year
-€468
Deferred charges and accrued income
-€7,639
Provisions
-€2,885
Trade debts
+€48,947
Tax, wage and social debts
+€1,696
Other debts
-€5,615
Accrued charges and deferred income
-€5,616
Investment (derived)
-€339,859
Investment in fixed assets (net)
-€339,859
Financing
-€489,106
Debts after one year
-€345,243
Current portion of long-term debt
-€43,864
Contributions, distributions and other
-€100,000
Cash 2025
€41,902
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,142,977 | €8,048,602 | -€94,375 | -1.2% |
| Fixed assets | 21/28 | €7,894,053 | €7,827,224 | -€66,828 | -0.8% |
| Tangible fixed assets | 22/27 | €7,894,053 | €7,827,224 | -€66,828 | -0.8% |
| Land and buildings | 22 | €7,867,174 | €7,683,544 | -€183,630 | -2.3% |
| Furniture and vehicles | 24 | €26,879 | €143,681 | +€116,802 | +435% |
| Current assets | 29/58 | €248,925 | €221,378 | -€27,546 | -11.1% |
| Amounts receivable within one year | 40/41 | €162,632 | €163,101 | +€468 | +0.3% |
| Trade receivables | 40 | €107,311 | €101,353 | -€5,958 | -5.6% |
| Other amounts receivable | 41 | €55,321 | €61,748 | +€6,427 | +11.6% |
| Cash at bank and in hand | 54/58 | €77,556 | €41,902 | -€35,654 | -46.0% |
| Deferred charges and accrued income | 490/1 | €8,737 | €16,376 | +€7,639 | +87.4% |
| Total equity and liabilities | 10/49 | €8,142,977 | €8,048,602 | -€94,375 | -1.2% |
| Equity | 10/15 | €3,306,509 | €3,564,714 | +€258,205 | +7.8% |
| Contributions | 10/11 | €2,270,000 | €2,270,000 | = | 0.0% |
| Reserves | 13 | €556,066 | €814,271 | +€258,205 | +46.4% |
| Tax-exempt reserves | 132 | €232,466 | €223,811 | -€8,655 | -3.7% |
| Distributable reserves | 133 | €323,600 | €590,460 | +€266,860 | +82.5% |
| Profit (loss) carried forward | 14 | €480,443 | €480,443 | = | 0.0% |
| Provisions and deferred taxes | 16 | €76,710 | €73,824 | -€2,885 | -3.8% |
| Deferred taxes | 168 | €76,710 | €73,824 | -€2,885 | -3.8% |
| Amounts payable | 17/49 | €4,759,758 | €4,410,064 | -€349,695 | -7.3% |
| Amounts payable after more than one year | 17 | €3,458,617 | €3,113,375 | -€345,243 | -10.0% |
| Financial debts | 170/4 | €3,458,617 | €3,113,375 | -€345,243 | -10.0% |
| Amounts payable within one year | 42/48 | €1,173,853 | €1,175,017 | +€1,164 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €456,998 | €413,135 | -€43,864 | -9.6% |
| Trade debts | 44 | €543,208 | €592,155 | +€48,947 | +9.0% |
| Suppliers | 440/4 | €543,208 | €592,155 | +€48,947 | +9.0% |
| Taxes, remuneration and social security | 45 | €64,160 | €65,856 | +€1,696 | +2.6% |
| Taxes | 450/3 | €57,421 | €57,308 | -€113 | -0.2% |
| Remuneration and social security | 454/9 | €6,739 | €8,549 | +€1,809 | +26.8% |
| Other amounts payable | 47/48 | €109,487 | €103,871 | -€5,615 | -5.1% |
| Accrued charges and deferred income | 492/3 | €127,288 | €121,672 | -€5,616 | -4.4% |
| Remuneration, social security and pensions | 62 | €82,407 | €86,163 | +€3,756 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €278,478 | €406,688 | +€128,209 | +46.0% |
| Other operating charges | 640/8 | €15,546 | €18,566 | +€3,021 | +19.4% |
| Non-recurring operating charges | 66A | €61,942 | - | -€61,942 | |
| Gross operating margin | 9900 | €945,523 | €1,179,270 | +€233,747 | +24.7% |
| Operating profit (loss) | 9901 | €507,149 | €667,853 | +€160,704 | +31.7% |
| Financial income | 75/76B | €38 | €748 | +€710 | +1,877% |
| Recurring financial income | 75 | €38 | €748 | +€710 | +1,877% |
| Financial charges | 65/66B | €179,768 | €176,797 | -€2,971 | -1.7% |
| Recurring financial charges | 65 | €179,768 | €176,797 | -€2,971 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €327,419 | €491,804 | +€164,385 | +50.2% |
| Transfer from deferred taxes | 780 | €2,885 | €2,885 | = | 0.0% |
| Income taxes | 67/77 | €65,237 | €136,485 | +€71,248 | +109% |
| Profit (loss) for the period | 9904 | €265,068 | €358,205 | +€93,137 | +35.1% |
| Transfer from tax-exempt reserves | 789 | €8,655 | €8,655 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €273,723 | €366,860 | +€93,137 | +34.0% |
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 27 October 2026 via checked.be.