MAJULOR: 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.
MAJULOR
Largest movements
- Tangible fixed assets -€11,070
down €11,070 (-25.9%), from €42,703 to €31,633
of which Furniture and vehicles: -€10,879
- Cash +€943
up €943 (+5.0%), from €18,918 to €19,862
mainly Depreciation (+€11,070) and Deferred charges and accrued income (+€861)
- Deferred charges and accrued income -€861
down €861 (-89.6%), from €961 to €100
- Other debts -€7,096
down €7,096 (-31.8%), from €22,313 to €15,218
- Profit (loss) carried forward -€2,771
down €2,771 (-72.6%), from -€3,818 to -€6,589
- Trade debts -€879
down €879 (-62.4%), from €1,407 to €529
- Gross operating margin +€1,037
up €1,037 (+10.5%), from €9,865 to €10,902
- Financial charges -€142
down €142 (-8.6%), from €1,664 to €1,521
- Other operating charges +€134
up €134 (+18.2%), from €737 to €871
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 | €64,566 | €53,578 | -€10,988 | -17.0% |
| Fixed assets | 21/28 | €42,703 | €31,633 | -€11,070 | -25.9% |
| Tangible fixed assets | 22/27 | €42,703 | €31,633 | -€11,070 | -25.9% |
| Plant, machinery and equipment | 23 | €731 | €539 | -€192 | -26.3% |
| Furniture and vehicles | 24 | €41,973 | €31,094 | -€10,879 | -25.9% |
| Current assets | 29/58 | €21,862 | €21,945 | +€82 | +0.4% |
| Amounts receivable within one year | 40/41 | €1,983 | €1,983 | = | 0.0% |
| Trade receivables | 40 | €1,983 | €1,983 | = | 0.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €18,918 | €19,862 | +€943 | +5.0% |
| Deferred charges and accrued income | 490/1 | €961 | €100 | -€861 | -89.6% |
| Total equity and liabilities | 10/49 | €64,566 | €53,578 | -€10,988 | -17.0% |
| Equity | 10/15 | €38,148 | €35,377 | -€2,771 | -7.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €35,765 | €35,765 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €35,765 | €35,765 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,818 | -€6,589 | -€2,771 | -72.6% |
| Amounts payable | 17/49 | €26,418 | €18,201 | -€8,217 | -31.1% |
| Amounts payable within one year | 42/48 | €24,568 | €16,569 | -€7,999 | -32.6% |
| Trade debts | 44 | €1,407 | €529 | -€879 | -62.4% |
| Suppliers | 440/4 | €1,407 | €529 | -€879 | -62.4% |
| Taxes, remuneration and social security | 45 | €848 | €823 | -€25 | -2.9% |
| Taxes | 450/3 | €848 | €823 | -€25 | -2.9% |
| Other amounts payable | 47/48 | €22,313 | €15,218 | -€7,096 | -31.8% |
| Accrued charges and deferred income | 492/3 | €1,850 | €1,632 | -€218 | -11.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,070 | €11,070 | = | 0.0% |
| Other operating charges | 640/8 | €737 | €871 | +€134 | +18.2% |
| Gross operating margin | 9900 | €9,865 | €10,902 | +€1,037 | +10.5% |
| Operating profit (loss) | 9901 | -€1,943 | -€1,040 | +€903 | +46.5% |
| Financial charges | 65/66B | €1,664 | €1,521 | -€142 | -8.6% |
| Recurring financial charges | 65 | €1,664 | €1,521 | -€142 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,607 | -€2,561 | +€1,046 | +29.0% |
| Income taxes | 67/77 | €225 | €210 | -€15 | -6.7% |
| Profit (loss) for the period | 9904 | -€3,832 | -€2,771 | +€1,061 | +27.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,832 | -€2,771 | +€1,061 | +27.7% |
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 2 October 2026 via checked.be.