MAJAKI BVBA: 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.
MAJAKI BVBA
Largest movements
- Cash +€20,606
up €20,606 (+147%), from €14,058 to €34,664
mainly Trade debts (+€14,059) and Tax, wage and social debts (+€5,803)
- Receivables within one year +€9,517
up €9,517 (+7.7%), from €124,322 to €133,839
of which Trade receivables: +€13,023
- Deferred charges and accrued income -€4,188
down €4,188 (-27.5%), from €15,232 to €11,045
- Trade debts +€14,059
up €14,059 (+9.8%), from €143,220 to €157,279
- Tax, wage and social debts +€5,803
new in 2025: €5,803
of which Remuneration and social security: +€5,375
- Profit (loss) carried forward +€5,623
up €5,623 (+530%), from €1,062 to €6,685
- Gross operating margin -€52,643
down €52,643 (-17.7%), from €297,521 to €244,878
- Other operating charges -€28,347
down €28,347 (-99.2%), from €28,573 to €226
- Staff costs -€25,431
down €25,431 (-9.7%), from €261,158 to €235,727
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 | €164,188 | €189,674 | +€25,485 | +15.5% |
| Fixed assets | 21/28 | €10,576 | €10,126 | -€450 | -4.3% |
| Tangible fixed assets | 22/27 | €10,576 | €10,126 | -€450 | -4.3% |
| Land and buildings | 22 | €5,571 | €6,769 | +€1,198 | +21.5% |
| Plant, machinery and equipment | 23 | €3,735 | €2,332 | -€1,403 | -37.6% |
| Furniture and vehicles | 24 | €1,271 | €1,026 | -€245 | -19.2% |
| Current assets | 29/58 | €153,612 | €179,547 | +€25,935 | +16.9% |
| Amounts receivable within one year | 40/41 | €124,322 | €133,839 | +€9,517 | +7.7% |
| Trade receivables | 40 | €26,883 | €39,907 | +€13,023 | +48.4% |
| Other amounts receivable | 41 | €97,438 | €93,932 | -€3,507 | -3.6% |
| Cash at bank and in hand | 54/58 | €14,058 | €34,664 | +€20,606 | +147% |
| Deferred charges and accrued income | 490/1 | €15,232 | €11,045 | -€4,188 | -27.5% |
| Total equity and liabilities | 10/49 | €164,188 | €189,674 | +€25,485 | +15.5% |
| Equity | 10/15 | €20,969 | €26,592 | +€5,623 | +26.8% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €13,407 | €13,407 | = | 0.0% |
| 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 | €11,547 | €11,547 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,062 | €6,685 | +€5,623 | +530% |
| Amounts payable | 17/49 | €143,220 | €163,082 | +€19,862 | +13.9% |
| Amounts payable within one year | 42/48 | €143,220 | €163,082 | +€19,862 | +13.9% |
| Trade debts | 44 | €143,220 | €157,279 | +€14,059 | +9.8% |
| Suppliers | 440/4 | €143,220 | €157,279 | +€14,059 | +9.8% |
| Taxes, remuneration and social security | 45 | - | €5,803 | +€5,803 | |
| Taxes | 450/3 | - | €428 | +€428 | |
| Remuneration and social security | 454/9 | - | €5,375 | +€5,375 | |
| Remuneration, social security and pensions | 62 | €261,158 | €235,727 | -€25,431 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,980 | €2,770 | +€789 | +39.9% |
| Other operating charges | 640/8 | €28,573 | €226 | -€28,347 | -99.2% |
| Gross operating margin | 9900 | €297,521 | €244,878 | -€52,643 | -17.7% |
| Operating profit (loss) | 9901 | €5,809 | €6,155 | +€345 | +5.9% |
| Financial charges | 65/66B | €63 | €104 | +€40 | +64.1% |
| Recurring financial charges | 65 | €63 | €104 | +€40 | +64.1% |
| Profit (loss) for the period before taxes | 9903 | €5,746 | €6,051 | +€305 | +5.3% |
| Income taxes | 67/77 | - | €428 | +€428 | |
| Profit (loss) for the period | 9904 | €5,746 | €5,623 | -€123 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,746 | €5,623 | -€123 | -2.1% |
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 26 October 2026 via checked.be.