MAJOI: what changed
Two fiscal 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.
MAJOI
Largest movements
- Tangible fixed assets -€15,331
down €15,331 (-5.3%), from €288,161 to €272,830
of which Land and buildings: -€13,051
- Current investments +€4,000
up €4,000 (+400.0%), from €1,000 to €5,000
- Cash +€3,996
up €3,996 (+245.8%), from €1,626 to €5,621
mainly Depreciation (+€17,229) and Trade debts (+€8,804)
- Profit (loss) carried forward -€10,416
down €10,416 (-11.9%), from -€87,274 to -€97,690
- Trade debts +€8,804
up €8,804 (+158.5%), from €5,555 to €14,358
- Other debts -€6,674
down €6,674 (-1.9%), from €359,717 to €353,043
- Gross operating margin +€5,231
up €5,231 (+105.2%), from €4,972 to €10,203
- Depreciation +€237
up €237 (+1.4%), from €16,992 to €17,229
- Other operating charges -€156
down €156 (-5.0%), from €3,123 to €2,968
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.
Cash bridge derived
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 | €293,956 | €285,757 | -€8,199 | -2.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €289,506 | €272,830 | -€16,676 | -5.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €288,161 | €272,830 | -€15,331 | -5.3% |
| Land and buildings | 22 | €282,886 | €269,835 | -€13,051 | -4.6% |
| Furniture and vehicles | 24 | €5,275 | €2,994 | -€2,281 | -43.2% |
| Financial fixed assets | 28 | €1,345 | €0 | -€1,345 | -100.0% |
| Current assets | 29/58 | €4,450 | €12,927 | +€8,478 | +190.5% |
| Amounts receivable within one year | 40/41 | €254 | €633 | +€379 | +149.5% |
| Trade receivables | 40 | €250 | €277 | +€27 | +10.8% |
| Other amounts receivable | 41 | €4 | €356 | +€352 | +8447.7% |
| Current investments | 50/53 | €1,000 | €5,000 | +€4,000 | +400.0% |
| Cash at bank and in hand | 54/58 | €1,626 | €5,621 | +€3,996 | +245.8% |
| Deferred charges and accrued income | 490/1 | €1,570 | €1,673 | +€103 | +6.5% |
| Total equity and liabilities | 10/49 | €293,956 | €285,757 | -€8,199 | -2.8% |
| Equity | 10/15 | -€72,374 | -€82,790 | -€10,416 | -14.4% |
| Contributions | 10/11 | €14,900 | €14,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,274 | -€97,690 | -€10,416 | -11.9% |
| Amounts payable | 17/49 | €366,330 | €368,547 | +€2,217 | +0.6% |
| Amounts payable within one year | 42/48 | €366,138 | €368,347 | +€2,209 | +0.6% |
| Trade debts | 44 | €5,555 | €14,358 | +€8,804 | +158.5% |
| Suppliers | 440/4 | €5,555 | €14,358 | +€8,804 | +158.5% |
| Taxes, remuneration and social security | 45 | €866 | €946 | +€80 | +9.2% |
| Taxes | 450/3 | €866 | €946 | +€80 | +9.2% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €359,717 | €353,043 | -€6,674 | -1.9% |
| Accrued charges and deferred income | 492/3 | €192 | €200 | +€8 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,992 | €17,229 | +€237 | +1.4% |
| Other operating charges | 640/8 | €3,123 | €2,968 | -€156 | -5.0% |
| Non-recurring operating charges | 66A | - | €186 | +€186 | |
| Gross operating margin | 9900 | €4,972 | €10,203 | +€5,231 | +105.2% |
| Operating profit (loss) | 9901 | -€15,144 | -€10,179 | +€4,965 | +32.8% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €47 | €43 | -€3 | -7.0% |
| Recurring financial charges | 65 | €47 | €43 | -€3 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | -€15,190 | -€10,219 | +€4,971 | +32.7% |
| Income taxes | 67/77 | €215 | €197 | -€19 | -8.6% |
| Profit (loss) for the period | 9904 | -€15,406 | -€10,416 | +€4,989 | +32.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,406 | -€10,416 | +€4,989 | +32.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.