MAJ DESIGN & BUILD: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
MAJ DESIGN & BUILD
Largest movements
- Cash +€17,525
up €17,525 (+26,825%), from €65 to €17,590
mainly Other debts (+€60,185) and Trade debts (+€1,960)
- Receivables within one year +€4,542
up €4,542 (+17.5%), from €25,946 to €30,488
of which Trade receivables: +€2,707
- Other debts +€60,185
up €60,185 (+14,509%), from €415 to €60,599
- Profit (loss) carried forward -€22,882
down €22,882 (-352%), from -€6,500 to -€29,382
- Accrued charges and deferred income -€17,466
down €17,466 (-67.0%), from €26,066 to €8,600
- Trade debts +€1,960
up €1,960 (+26.6%), from €7,366 to €9,326
- Gross operating margin -€30,614
down €30,614, from €9,120 to -€21,494
- Staff costs -€14,556
no longer reported in 2025 (was €14,556)
- Other operating charges +€314
up €314 (+30.8%), from €1,021 to €1,335
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 | €29,347 | €51,143 | +€21,796 | +74.3% |
| Fixed assets | 21/28 | €565 | €565 | = | 0.0% |
| Financial fixed assets | 28 | €565 | €565 | = | 0.0% |
| Current assets | 29/58 | €28,782 | €50,578 | +€21,796 | +75.7% |
| Amounts receivable within one year | 40/41 | €25,946 | €30,488 | +€4,542 | +17.5% |
| Trade receivables | 40 | €13,780 | €16,487 | +€2,707 | +19.6% |
| Other amounts receivable | 41 | €12,166 | €14,001 | +€1,835 | +15.1% |
| Cash at bank and in hand | 54/58 | €65 | €17,590 | +€17,525 | +26,825% |
| Deferred charges and accrued income | 490/1 | €2,771 | €2,500 | -€271 | -9.8% |
| Total equity and liabilities | 10/49 | €29,347 | €51,143 | +€21,796 | +74.3% |
| Equity | 10/15 | -€4,500 | -€27,382 | -€22,882 | -508% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,500 | -€29,382 | -€22,882 | -352% |
| Amounts payable | 17/49 | €33,847 | €78,525 | +€44,678 | +132% |
| Amounts payable within one year | 42/48 | €7,781 | €69,926 | +€62,145 | +799% |
| Trade debts | 44 | €7,366 | €9,326 | +€1,960 | +26.6% |
| Suppliers | 440/4 | €7,366 | €9,326 | +€1,960 | +26.6% |
| Other amounts payable | 47/48 | €415 | €60,599 | +€60,185 | +14,509% |
| Accrued charges and deferred income | 492/3 | €26,066 | €8,600 | -€17,466 | -67.0% |
| Non-recurring operating income | 76A | - | €20,848 | +€20,848 | |
| Remuneration, social security and pensions | 62 | €14,556 | - | -€14,556 | |
| Other operating charges | 640/8 | €1,021 | €1,335 | +€314 | +30.8% |
| Gross operating margin | 9900 | €9,120 | -€21,494 | -€30,614 | |
| Operating profit (loss) | 9901 | -€6,457 | -€22,829 | -€16,373 | -254% |
| Financial charges | 65/66B | €147 | €53 | -€95 | -64.2% |
| Recurring financial charges | 65 | €147 | €53 | -€95 | -64.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,604 | -€22,882 | -€16,278 | -246% |
| Profit (loss) for the period | 9904 | -€6,604 | -€22,882 | -€16,278 | -246% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,604 | -€22,882 | -€16,278 | -246% |
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 1 November 2026 via checked.be.