MCJ CONSTRUCT: 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.
MCJ CONSTRUCT
Largest movements
- Receivables within one year +€5,767
up €5,767, from €0 to €5,767
- Cash -€3,205
down €3,205 (-8.4%), from €38,074 to €34,869
mainly Contributions, distributions and other (-€29,420) and Debts after one year (-€10,969)
- Other debts +€25,007
up €25,007, from €0 to €25,007
- Reserves -€20,167
down €20,167 (-27.1%), from €74,298 to €54,131
- Debts after one year -€10,969
down €10,969 (-36.9%), from €29,696 to €18,727
- Tax, wage and social debts +€4,896
up €4,896 (+55.4%), from €8,832 to €13,728
- Short-term financial debts +€2,530
new in 2025: €2,530
- Gross operating margin -€19,605
down €19,605 (-49.3%), from €39,795 to €20,190
- Other operating charges -€4,825
down €4,825 (-72.7%), from €6,637 to €1,812
- Taxes -€3,515
down €3,515 (-45.0%), from €7,815 to €4,300
- Financial charges -€501
down €501 (-9.9%), from €5,048 to €4,547
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 | €133,934 | €135,896 | +€1,961 | +1.5% |
| Fixed assets | 21/28 | €95,760 | €95,260 | -€501 | -0.5% |
| Tangible fixed assets | 22/27 | €1,147 | €647 | -€501 | -43.6% |
| Furniture and vehicles | 24 | €1,147 | €647 | -€501 | -43.6% |
| Financial fixed assets | 28 | €94,613 | €94,613 | = | 0.0% |
| Current assets | 29/58 | €38,174 | €40,636 | +€2,462 | +6.4% |
| Amounts receivable within one year | 40/41 | €0 | €5,767 | +€5,767 | |
| Other amounts receivable | 41 | €0 | €5,767 | +€5,767 | |
| Cash at bank and in hand | 54/58 | €38,074 | €34,869 | -€3,205 | -8.4% |
| Deferred charges and accrued income | 490/1 | €100 | €0 | -€100 | -100.0% |
| Total equity and liabilities | 10/49 | €133,934 | €135,896 | +€1,961 | +1.5% |
| Equity | 10/15 | €84,548 | €64,381 | -€20,167 | -23.9% |
| Contributions | 10/11 | €10,250 | €10,250 | = | 0.0% |
| Reserves | 13 | €74,298 | €54,131 | -€20,167 | -27.1% |
| Distributable reserves | 133 | €74,298 | €54,131 | -€20,167 | -27.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €49,387 | €71,515 | +€22,128 | +44.8% |
| Amounts payable after more than one year | 17 | €29,696 | €18,727 | -€10,969 | -36.9% |
| Financial debts | 170/4 | €29,696 | €18,727 | -€10,969 | -36.9% |
| Amounts payable within one year | 42/48 | €19,691 | €52,787 | +€33,096 | +168.1% |
| Current portion of amounts payable after more than one year | 42 | €10,772 | €10,969 | +€197 | +1.8% |
| Financial debts | 43 | - | €2,530 | +€2,530 | |
| Credit institutions | 430/8 | - | €2,530 | +€2,530 | |
| Trade debts | 44 | €86 | €553 | +€467 | +540.0% |
| Suppliers | 440/4 | €86 | €553 | +€467 | +540.0% |
| Taxes, remuneration and social security | 45 | €8,832 | €13,728 | +€4,896 | +55.4% |
| Taxes | 450/3 | €8,832 | €13,728 | +€4,896 | +55.4% |
| Other amounts payable | 47/48 | €0 | €25,007 | +€25,007 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €396 | €501 | +€104 | +26.3% |
| Other operating charges | 640/8 | €6,637 | €1,812 | -€4,825 | -72.7% |
| Gross operating margin | 9900 | €39,795 | €20,190 | -€19,605 | -49.3% |
| Operating profit (loss) | 9901 | €32,762 | €17,877 | -€14,885 | -45.4% |
| Financial income | 75/76B | €268 | €223 | -€45 | -16.8% |
| Recurring financial income | 75 | €268 | €223 | -€45 | -16.8% |
| Financial charges | 65/66B | €5,048 | €4,547 | -€501 | -9.9% |
| Recurring financial charges | 65 | €5,048 | €4,547 | -€501 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €27,982 | €13,553 | -€14,429 | -51.6% |
| Income taxes | 67/77 | €7,815 | €4,300 | -€3,515 | -45.0% |
| Profit (loss) for the period | 9904 | €20,167 | €9,253 | -€10,914 | -54.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,167 | €9,253 | -€10,914 | -54.1% |
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 29 September 2026 via checked.be.