MAJAJUDA: 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.
MAJAJUDA
Largest movements
- Receivables within one year +€6,638
up €6,638 (+104%), from €6,406 to €13,044
of which Other amounts receivable: +€10,514
- Reserves +€20,696
up €20,696 (+12.7%), from €162,603 to €183,299
- Debts after one year -€16,534
down €16,534 (-92.2%), from €17,925 to €1,391
- Tax, wage and social debts +€4,243
up €4,243 (+72.1%), from €5,887 to €10,130
- Financial income -€26,000
down €26,000 (-72.2%), from €36,000 to €10,000
- Gross operating margin -€6,684
down €6,684 (-30.5%), from €21,906 to €15,222
- Taxes -€1,377
down €1,377 (-26.1%), from €5,271 to €3,894
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 | €256,336 | €264,729 | +€8,393 | +3.3% |
| Fixed assets | 21/28 | €248,591 | €248,591 | = | 0.0% |
| Financial fixed assets | 28 | €248,591 | €248,591 | = | 0.0% |
| Current assets | 29/58 | €7,745 | €16,138 | +€8,393 | +108% |
| Amounts receivable within one year | 40/41 | €6,406 | €13,044 | +€6,638 | +104% |
| Trade receivables | 40 | €4,406 | €530 | -€3,876 | -88.0% |
| Other amounts receivable | 41 | €2,000 | €12,514 | +€10,514 | +526% |
| Cash at bank and in hand | 54/58 | €1,340 | €3,094 | +€1,755 | +131% |
| Total equity and liabilities | 10/49 | €256,336 | €264,729 | +€8,393 | +3.3% |
| Equity | 10/15 | €212,603 | €233,299 | +€20,696 | +9.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €162,603 | €183,299 | +€20,696 | +12.7% |
| Distributable reserves | 133 | €162,603 | €183,299 | +€20,696 | +12.7% |
| Amounts payable | 17/49 | €43,733 | €31,430 | -€12,303 | -28.1% |
| Amounts payable after more than one year | 17 | €17,925 | €1,391 | -€16,534 | -92.2% |
| Financial debts | 170/4 | €17,925 | €1,391 | -€16,534 | -92.2% |
| Amounts payable within one year | 42/48 | €25,808 | €30,039 | +€4,231 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | €17,592 | €17,899 | +€307 | +1.7% |
| Trade debts | 44 | €2,330 | €2,011 | -€319 | -13.7% |
| Suppliers | 440/4 | €2,330 | €2,011 | -€319 | -13.7% |
| Taxes, remuneration and social security | 45 | €5,887 | €10,130 | +€4,243 | +72.1% |
| Taxes | 450/3 | €5,887 | €10,130 | +€4,243 | +72.1% |
| Gross operating margin | 9900 | €21,906 | €15,222 | -€6,684 | -30.5% |
| Operating profit (loss) | 9901 | €21,906 | €15,222 | -€6,684 | -30.5% |
| Financial income | 75/76B | €36,000 | €10,000 | -€26,000 | -72.2% |
| Recurring financial income | 75 | €36,000 | €10,000 | -€26,000 | -72.2% |
| Financial charges | 65/66B | €823 | €633 | -€190 | -23.1% |
| Recurring financial charges | 65 | €823 | €633 | -€190 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €57,083 | €24,590 | -€32,494 | -56.9% |
| Income taxes | 67/77 | €5,271 | €3,894 | -€1,377 | -26.1% |
| Profit (loss) for the period | 9904 | €51,813 | €20,696 | -€31,116 | -60.1% |
| Profit (loss) for the period to be appropriated | 9905 | €51,813 | €20,696 | -€31,116 | -60.1% |
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 29 October 2026 via checked.be.