MAJOO: 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.
MAJOO
Largest movements
- Cash +€29,931
up €29,931 (+38.8%), from €77,171 to €107,102
mainly Depreciation (+€35,554) and Debts after one year (+€17,321)
- Debts after one year +€17,321
up €17,321 (+7.0%), from €247,536 to €264,857
- Profit (loss) carried forward +€14,710
up €14,710 (+10.1%), from -€146,026 to -€131,316
- Current portion of long-term debt +€6,812
up €6,812 (+90.6%), from €7,521 to €14,333
- Depreciation +€6,293
up €6,293 (+21.5%), from €29,261 to €35,554
- Gross operating margin +€5,543
up €5,543 (+9.4%), from €58,799 to €64,342
- Other operating charges +€3,086
up €3,086 (+83.1%), from €3,712 to €6,799
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 | €642,818 | €678,647 | +€35,829 | +5.6% |
| Fixed assets | 21/28 | €564,395 | €563,880 | -€516 | -0.1% |
| Tangible fixed assets | 22/27 | €564,395 | €563,180 | -€1,216 | -0.2% |
| Land and buildings | 22 | €564,202 | €535,363 | -€28,839 | -5.1% |
| Furniture and vehicles | 24 | €193 | €27,816 | +€27,623 | +14289.6% |
| Financial fixed assets | 28 | - | €700 | +€700 | |
| Current assets | 29/58 | €78,423 | €114,767 | +€36,344 | +46.3% |
| Amounts receivable within one year | 40/41 | - | €4,795 | +€4,795 | |
| Trade receivables | 40 | - | €4,795 | +€4,795 | |
| Cash at bank and in hand | 54/58 | €77,171 | €107,102 | +€29,931 | +38.8% |
| Deferred charges and accrued income | 490/1 | €1,252 | €2,870 | +€1,618 | +129.3% |
| Total equity and liabilities | 10/49 | €642,818 | €678,647 | +€35,829 | +5.6% |
| Equity | 10/15 | -€46,026 | -€31,316 | +€14,710 | +32.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€146,026 | -€131,316 | +€14,710 | +10.1% |
| Amounts payable | 17/49 | €688,845 | €709,963 | +€21,118 | +3.1% |
| Amounts payable after more than one year | 17 | €247,536 | €264,857 | +€17,321 | +7.0% |
| Financial debts | 170/4 | €247,536 | €264,857 | +€17,321 | +7.0% |
| Amounts payable within one year | 42/48 | €440,459 | €445,106 | +€4,647 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €7,521 | €14,333 | +€6,812 | +90.6% |
| Trade debts | 44 | €592 | €592 | +€0 | 0.0% |
| Suppliers | 440/4 | €592 | €592 | +€0 | 0.0% |
| Taxes, remuneration and social security | 45 | €3,727 | €1,163 | -€2,565 | -68.8% |
| Taxes | 450/3 | €3,727 | €1,163 | -€2,565 | -68.8% |
| Other amounts payable | 47/48 | €428,619 | €429,019 | +€400 | +0.1% |
| Accrued charges and deferred income | 492/3 | €850 | - | -€850 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,261 | €35,554 | +€6,293 | +21.5% |
| Other operating charges | 640/8 | €3,712 | €6,799 | +€3,086 | +83.1% |
| Gross operating margin | 9900 | €58,799 | €64,342 | +€5,543 | +9.4% |
| Operating profit (loss) | 9901 | €25,826 | €21,990 | -€3,836 | -14.9% |
| Financial charges | 65/66B | €6,360 | €6,895 | +€535 | +8.4% |
| Recurring financial charges | 65 | €6,360 | €6,895 | +€535 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €19,466 | €15,094 | -€4,372 | -22.5% |
| Income taxes | 67/77 | - | €384 | +€384 | |
| Profit (loss) for the period | 9904 | €19,466 | €14,710 | -€4,756 | -24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,466 | €14,710 | -€4,756 | -24.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.