Majomar: 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.
Majomar
Largest movements
- Cash -€4,272
down €4,272 (-52.1%), from €8,193 to €3,921
mainly Net result for the year (-€5,017)
- Tangible fixed assets -€500
down €500 (-56.6%), from €884 to €384
- Receivables within one year -€200
down €200 (-71.9%), from €278 to €78
- Profit (loss) carried forward -€5,017
down €5,017 (-5.6%), from -€88,869 to -€93,886
- Gross operating margin +€277
up €277 (+6.5%), from -€4,242 to -€3,965
- Financial charges +€55
up €55 (+153.5%), from €36 to €90
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 | €9,354 | €4,382 | -€4,972 | -53.2% |
| Fixed assets | 21/28 | €884 | €384 | -€500 | -56.6% |
| Tangible fixed assets | 22/27 | €884 | €384 | -€500 | -56.6% |
| Plant, machinery and equipment | 23 | €884 | €384 | -€500 | -56.6% |
| Current assets | 29/58 | €8,471 | €3,999 | -€4,472 | -52.8% |
| Amounts receivable within one year | 40/41 | €278 | €78 | -€200 | -71.9% |
| Other amounts receivable | 41 | €278 | €78 | -€200 | -71.9% |
| Cash at bank and in hand | 54/58 | €8,193 | €3,921 | -€4,272 | -52.1% |
| Total equity and liabilities | 10/49 | €9,354 | €4,382 | -€4,972 | -53.2% |
| Equity | 10/15 | -€68,869 | -€73,886 | -€5,017 | -7.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€88,869 | -€93,886 | -€5,017 | -5.6% |
| Amounts payable | 17/49 | €78,224 | €78,269 | +€45 | +0.1% |
| Amounts payable after more than one year | 17 | €70,000 | €70,000 | = | 0.0% |
| Financial debts | 170/4 | €70,000 | €70,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,224 | €8,269 | +€45 | +0.5% |
| Trade debts | 44 | - | €45 | +€45 | |
| Suppliers | 440/4 | - | €45 | +€45 | |
| Other amounts payable | 47/48 | €8,224 | €8,224 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500 | €500 | = | 0.0% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | -€4,242 | -€3,965 | +€277 | +6.5% |
| Operating profit (loss) | 9901 | -€5,191 | -€4,927 | +€265 | +5.1% |
| Financial charges | 65/66B | €36 | €90 | +€55 | +153.5% |
| Recurring financial charges | 65 | €36 | €90 | +€55 | +153.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,227 | -€5,017 | +€210 | +4.0% |
| Profit (loss) for the period | 9904 | -€5,227 | -€5,017 | +€210 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,227 | -€5,017 | +€210 | +4.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.