MAJD COMPANY: what changed
MAJD COMPANY
Largest movements
- Cash +€7,743
up €7,743 (+45.8%), from €16,893 to €24,636
mainly Net result for the year (+€20,585) and Depreciation (+€2,452)
- Stocks and contracts -€2,178
no longer reported in 2024 (was €2,178)
- Receivables within one year -€2,114
down €2,114 (-94.0%), from €2,249 to €135
- Tangible fixed assets -€932
down €932 (-14.1%), from €6,631 to €5,699
of which Plant, machinery and equipment: -€587
- Profit (loss) carried forward +€20,585
up €20,585, from -€10,071 to €10,514
- Trade debts -€8,481
down €8,481 (-39.6%), from €21,436 to €12,955
- Other debts -€5,555
no longer reported in 2024 (was €5,555)
- Tax, wage and social debts -€4,030
no longer reported in 2024 (was €4,030)
- Gross operating margin +€20,326
up €20,326, from -€507 to €19,819
- Financial income +€3,945
new in 2024: €3,945
of which Financial income: +€3,945
- Other operating charges +€448
up €448 (+386%), from €116 to €564
- Depreciation +€314
up €314 (+14.7%), from €2,138 to €2,452
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,951 | €30,470 | +€2,519 | +9.0% |
| Fixed assets | 21/28 | €6,631 | €5,699 | -€932 | -14.1% |
| Tangible fixed assets | 22/27 | €6,631 | €5,699 | -€932 | -14.1% |
| Plant, machinery and equipment | 23 | €5,060 | €4,473 | -€587 | -11.6% |
| Furniture and vehicles | 24 | €192 | - | -€192 | |
| Other tangible fixed assets | 26 | €1,379 | €1,225 | -€153 | -11.1% |
| Current assets | 29/58 | €21,320 | €24,771 | +€3,451 | +16.2% |
| Stocks and contracts in progress | 3 | €2,178 | - | -€2,178 | |
| Stocks | 30/36 | €2,178 | - | -€2,178 | |
| Amounts receivable within one year | 40/41 | €2,249 | €135 | -€2,114 | -94.0% |
| Other amounts receivable | 41 | €2,249 | €135 | -€2,114 | -94.0% |
| Cash at bank and in hand | 54/58 | €16,893 | €24,636 | +€7,743 | +45.8% |
| Total equity and liabilities | 10/49 | €27,951 | €30,470 | +€2,519 | +9.0% |
| Equity | 10/15 | -€3,071 | €17,514 | +€20,585 | |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,071 | €10,514 | +€20,585 | |
| Amounts payable | 17/49 | €31,021 | €12,955 | -€18,066 | -58.2% |
| Amounts payable within one year | 42/48 | €31,021 | €12,955 | -€18,066 | -58.2% |
| Trade debts | 44 | €21,436 | €12,955 | -€8,481 | -39.6% |
| Suppliers | 440/4 | €21,436 | €12,955 | -€8,481 | -39.6% |
| Taxes, remuneration and social security | 45 | €4,030 | - | -€4,030 | |
| Remuneration and social security | 454/9 | €4,030 | - | -€4,030 | |
| Other amounts payable | 47/48 | €5,555 | - | -€5,555 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,138 | €2,452 | +€314 | +14.7% |
| Other operating charges | 640/8 | €116 | €564 | +€448 | +386% |
| Gross operating margin | 9900 | -€507 | €19,819 | +€20,326 | |
| Operating profit (loss) | 9901 | -€2,760 | €16,804 | +€19,564 | |
| Financial income | 75/76B | - | €3,945 | +€3,945 | |
| Recurring financial income | 75 | - | €3,945 | +€3,945 | |
| Non-recurring financial income | 76B | - | €3,945 | +€3,945 | |
| Financial charges | 65/66B | €155 | €163 | +€8 | +5.1% |
| Recurring financial charges | 65 | €155 | €163 | +€8 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,916 | €20,585 | +€23,501 | |
| Profit (loss) for the period | 9904 | -€2,916 | €20,585 | +€23,501 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,916 | €20,585 | +€23,501 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.