Majurome: 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.
Majurome
Largest movements
- Receivables within one year +€120,348
up €120,348 (+233%), from €51,645 to €171,993
of which Other amounts receivable: +€119,924
- Cash -€85,525
down €85,525 (-96.2%), from €88,878 to €3,354
mainly Receivables within one year (-€120,348) and Investment in fixed assets (net) (-€7,500)
- Tangible fixed assets +€7,050
up €7,050 (+580%), from €1,215 to €8,264
of which Furniture and vehicles: +€7,332
- Reserves +€17,600
up €17,600 (+14.3%), from €123,500 to €141,100
- Tax, wage and social debts +€17,150
up €17,150 (+296%), from €5,794 to €22,944
of which Remuneration and social security: +€17,500
- Other debts +€4,550
new in 2025: €4,550
- Trade debts +€1,995
up €1,995 (+1,640%), from €122 to €2,116
- Gross operating margin -€23,460
down €23,460 (-48.4%), from €48,432 to €24,972
- Taxes -€7,772
down €7,772 (-52.0%), from €14,947 to €7,174
- Financial income +€1,284
up €1,284 (+244%), from €526 to €1,809
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 | €144,413 | €186,033 | +€41,620 | +28.8% |
| Fixed assets | 21/28 | €1,215 | €8,264 | +€7,050 | +580% |
| Tangible fixed assets | 22/27 | €1,215 | €8,264 | +€7,050 | +580% |
| Furniture and vehicles | 24 | €354 | €7,686 | +€7,332 | +2,074% |
| Other tangible fixed assets | 26 | €861 | €579 | -€283 | -32.8% |
| Current assets | 29/58 | €143,198 | €177,768 | +€34,570 | +24.1% |
| Amounts receivable within one year | 40/41 | €51,645 | €171,993 | +€120,348 | +233% |
| Trade receivables | 40 | €12,100 | €12,524 | +€424 | +3.5% |
| Other amounts receivable | 41 | €39,545 | €159,469 | +€119,924 | +303% |
| Cash at bank and in hand | 54/58 | €88,878 | €3,354 | -€85,525 | -96.2% |
| Deferred charges and accrued income | 490/1 | €2,675 | €2,422 | -€253 | -9.5% |
| Total equity and liabilities | 10/49 | €144,413 | €186,033 | +€41,620 | +28.8% |
| Equity | 10/15 | €138,347 | €156,043 | +€17,696 | +12.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €123,500 | €141,100 | +€17,600 | +14.3% |
| Distributable reserves | 133 | €123,500 | €141,100 | +€17,600 | +14.3% |
| Profit (loss) carried forward | 14 | €4,847 | €4,943 | +€96 | +2.0% |
| Amounts payable | 17/49 | €6,066 | €29,990 | +€23,924 | +394% |
| Amounts payable within one year | 42/48 | €5,916 | €29,610 | +€23,694 | +401% |
| Trade debts | 44 | €122 | €2,116 | +€1,995 | +1,640% |
| Suppliers | 440/4 | €122 | €2,116 | +€1,995 | +1,640% |
| Taxes, remuneration and social security | 45 | €5,794 | €22,944 | +€17,150 | +296% |
| Taxes | 450/3 | €5,794 | €5,444 | -€350 | -6.0% |
| Remuneration and social security | 454/9 | - | €17,500 | +€17,500 | |
| Other amounts payable | 47/48 | - | €4,550 | +€4,550 | |
| Accrued charges and deferred income | 492/3 | €150 | €380 | +€229 | +153% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €645 | €450 | -€194 | -30.2% |
| Other operating charges | 640/8 | €499 | €922 | +€423 | +84.6% |
| Gross operating margin | 9900 | €48,432 | €24,972 | -€23,460 | -48.4% |
| Operating profit (loss) | 9901 | €47,288 | €23,599 | -€23,689 | -50.1% |
| Financial income | 75/76B | €526 | €1,809 | +€1,284 | +244% |
| Recurring financial income | 75 | €526 | €1,809 | +€1,284 | +244% |
| Financial charges | 65/66B | €169 | €538 | +€369 | +219% |
| Recurring financial charges | 65 | €169 | €538 | +€369 | +219% |
| Profit (loss) for the period before taxes | 9903 | €47,645 | €24,870 | -€22,774 | -47.8% |
| Income taxes | 67/77 | €14,947 | €7,174 | -€7,772 | -52.0% |
| Profit (loss) for the period | 9904 | €32,698 | €17,696 | -€15,002 | -45.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,698 | €17,696 | -€15,002 | -45.9% |
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 17 October 2026 via checked.be.