MAJOKA: 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.
MAJOKA
Largest movements
- Current investments -€17,396
down €17,396 (-86.4%), from €20,145 to €2,749
- Receivables within one year +€15,898
up €15,898 (+277.6%), from €5,727 to €21,625
of which Trade receivables: +€11,755
- Tangible fixed assets -€2,481
down €2,481 (-34.3%), from €7,228 to €4,747
of which Furniture and vehicles: -€1,383
- Profit (loss) carried forward -€4,181
down €4,181 (-9.9%), from -€42,161 to -€46,342
- Gross operating margin +€20,961
up €20,961, from -€19,784 to €1,177
- Depreciation +€208
up €208 (+5.7%), from €3,652 to €3,860
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 | €36,880 | €32,616 | -€4,264 | -11.6% |
| Fixed assets | 21/28 | €7,228 | €4,747 | -€2,481 | -34.3% |
| Tangible fixed assets | 22/27 | €7,228 | €4,747 | -€2,481 | -34.3% |
| Plant, machinery and equipment | 23 | €2,889 | €1,792 | -€1,097 | -38.0% |
| Furniture and vehicles | 24 | €4,338 | €2,955 | -€1,383 | -31.9% |
| Current assets | 29/58 | €29,652 | €27,869 | -€1,783 | -6.0% |
| Amounts receivable within one year | 40/41 | €5,727 | €21,625 | +€15,898 | +277.6% |
| Trade receivables | 40 | €4,992 | €16,747 | +€11,755 | +235.5% |
| Other amounts receivable | 41 | €735 | €4,878 | +€4,143 | +563.4% |
| Current investments | 50/53 | €20,145 | €2,749 | -€17,396 | -86.4% |
| Cash at bank and in hand | 54/58 | €3,780 | €3,495 | -€285 | -7.5% |
| Total equity and liabilities | 10/49 | €36,880 | €32,616 | -€4,264 | -11.6% |
| Equity | 10/15 | €25,599 | €21,418 | -€4,181 | -16.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | - | €12,400 | +€12,400 | |
| Issued capital | 100 | - | €12,400 | +€12,400 | |
| Contributions outside capital | 11 | €12,400 | - | -€12,400 | |
| Other | 1109/19 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €55,360 | €55,360 | = | 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% |
| Tax-exempt reserves | 132 | €53,500 | €53,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,161 | -€46,342 | -€4,181 | -9.9% |
| Amounts payable | 17/49 | €11,280 | €11,198 | -€82 | -0.7% |
| Amounts payable within one year | 42/48 | €10,280 | €10,198 | -€82 | -0.8% |
| Trade debts | 44 | €6,917 | €6,944 | +€27 | +0.4% |
| Suppliers | 440/4 | €6,917 | €6,944 | +€27 | +0.4% |
| Taxes, remuneration and social security | 45 | €3,288 | €3,254 | -€34 | -1.0% |
| Taxes | 450/3 | €2,695 | €3,254 | +€559 | +20.8% |
| Remuneration and social security | 454/9 | €594 | - | -€594 | |
| Other amounts payable | 47/48 | €75 | - | -€75 | |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €537 | €521 | -€16 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,652 | €3,860 | +€208 | +5.7% |
| Other operating charges | 640/8 | €571 | €600 | +€29 | +5.2% |
| Gross operating margin | 9900 | -€19,784 | €1,177 | +€20,961 | |
| Operating profit (loss) | 9901 | -€24,544 | -€3,804 | +€20,740 | +84.5% |
| Financial charges | 65/66B | €120 | €128 | +€8 | +6.7% |
| Recurring financial charges | 65 | €120 | €128 | +€8 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | -€24,664 | -€3,932 | +€20,732 | +84.1% |
| Income taxes | 67/77 | €139 | €249 | +€110 | +78.5% |
| Profit (loss) for the period | 9904 | -€24,803 | -€4,181 | +€20,622 | +83.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,803 | -€4,181 | +€20,622 | +83.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.