MAJUA Consult: 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.
MAJUA Consult
Largest movements
- Cash -€8,748
down €8,748 (-67.4%), from €12,974 to €4,226
mainly Net result for the year (-€44,697) and Trade debts (-€4,484)
- Tangible fixed assets -€3,163
down €3,163 (-16.0%), from €19,812 to €16,649
of which Other tangible fixed assets: -€2,121
- Receivables within one year +€2,085
up €2,085 (+11.4%), from €18,239 to €20,324
of which Other amounts receivable: +€1,683
- Profit (loss) carried forward -€44,697
down €44,697, from €36,428 to -€8,269
- Provisions +€41,372
new in 2025: €41,372
- Trade debts -€4,484
down €4,484 (-82.9%), from €5,412 to €928
- Tax, wage and social debts -€1,755
down €1,755 (-14.6%), from €12,010 to €10,255
of which Taxes: -€1,847
- Provisions +€41,372
new in 2025: €41,372
- Financial charges +€35,292
up €35,292 (+65,296%), from €54 to €35,346
- Taxes -€6,926
down €6,926 (-82.3%), from €8,415 to €1,489
- Gross operating margin -€1,454
down €1,454 (-3.6%), from €39,858 to €38,404
- Depreciation +€1,211
up €1,211 (+62.0%), from €1,952 to €3,163
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.
Derived cash bridge
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 | €54,850 | €45,286 | -€9,564 | -17.4% |
| Fixed assets | 21/28 | €19,812 | €16,649 | -€3,163 | -16.0% |
| Tangible fixed assets | 22/27 | €19,812 | €16,649 | -€3,163 | -16.0% |
| Plant, machinery and equipment | 23 | €1,682 | €1,107 | -€575 | -34.2% |
| Furniture and vehicles | 24 | €822 | €355 | -€467 | -56.8% |
| Other tangible fixed assets | 26 | €17,308 | €15,187 | -€2,121 | -12.3% |
| Current assets | 29/58 | €35,038 | €28,637 | -€6,401 | -18.3% |
| Amounts receivable within one year | 40/41 | €18,239 | €20,324 | +€2,085 | +11.4% |
| Trade receivables | 40 | €11,431 | €11,833 | +€402 | +3.5% |
| Other amounts receivable | 41 | €6,808 | €8,491 | +€1,683 | +24.7% |
| Cash at bank and in hand | 54/58 | €12,974 | €4,226 | -€8,748 | -67.4% |
| Deferred charges and accrued income | 490/1 | €3,825 | €4,088 | +€262 | +6.9% |
| Total equity and liabilities | 10/49 | €54,850 | €45,286 | -€9,564 | -17.4% |
| Equity | 10/15 | €37,428 | -€7,269 | -€44,697 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,428 | -€8,269 | -€44,697 | |
| Provisions and deferred taxes | 16 | - | €41,372 | +€41,372 | |
| Deferred taxes | 168 | - | €41,372 | +€41,372 | |
| Amounts payable | 17/49 | €17,422 | €11,183 | -€6,239 | -35.8% |
| Amounts payable within one year | 42/48 | €17,422 | €11,183 | -€6,239 | -35.8% |
| Trade debts | 44 | €5,412 | €928 | -€4,484 | -82.9% |
| Suppliers | 440/4 | €5,412 | €928 | -€4,484 | -82.9% |
| Taxes, remuneration and social security | 45 | €12,010 | €10,255 | -€1,755 | -14.6% |
| Taxes | 450/3 | €12,010 | €10,163 | -€1,847 | -15.4% |
| Remuneration and social security | 454/9 | - | €92 | +€92 | |
| Remuneration, social security and pensions | 62 | - | €1,009 | +€1,009 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,952 | €3,163 | +€1,211 | +62.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €41,372 | +€41,372 | |
| Other operating charges | 640/8 | €832 | €988 | +€156 | +18.7% |
| Gross operating margin | 9900 | €39,858 | €38,404 | -€1,454 | -3.6% |
| Operating profit (loss) | 9901 | €37,074 | -€8,128 | -€45,202 | |
| Financial income | 75/76B | €259 | €267 | +€7 | +2.7% |
| Recurring financial income | 75 | €259 | €267 | +€7 | +2.7% |
| Financial charges | 65/66B | €54 | €35,346 | +€35,292 | +65,296% |
| Recurring financial charges | 65 | €54 | €35,346 | +€35,292 | +65,296% |
| Profit (loss) for the period before taxes | 9903 | €37,279 | -€43,208 | -€80,487 | |
| Income taxes | 67/77 | €8,415 | €1,489 | -€6,926 | -82.3% |
| Profit (loss) for the period | 9904 | €28,864 | -€44,697 | -€73,561 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,864 | -€44,697 | -€73,561 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.