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MDJ INVEST: 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.

What changed

MDJ INVEST

BE 0776.554.185
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€1,254
2023 · -€1,600+€346
Equity
€713
2023 · €1,967-€1,254
Cash
€177
2023 · €1,130-€953
Balance sheet total
€959
2023 · €2,303-€1,344

Largest movements

2023 to 2024
Assets
  • Cash -€953

    down €953 (-84.3%), from €1,130 to €177

    mainly Net result for the year (-€1,254) and Other debts (-€90)

  • Formation expenses -€391

    down €391 (-33.3%), from €1,173 to €782

Equity and liabilities
  • Profit (loss) carried forward -€1,254

    down €1,254 (-24.9%), from -€5,033 to -€6,287

  • Other debts -€90

    down €90 (-26.8%), from €336 to €246

Income statement
  • Gross operating margin +€361

    up €361 (+33.1%), from -€1,089 to -€728

  • Financial charges +€15

    up €15 (+12.5%), from €120 to €135

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€1,600
Gross operating margin +€361
Financial charges -€15
Result 2024 -€1,254
raises the resultlowers the result

Derived cash bridge

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€953
Investment €0
Financing €0
Cash 2023 €1,130
Net result for the year -€1,254
Depreciation +€391
Other debts -€90
Cash 2024 €177
brings cash intakes cash out
Every line side by side 19 lines
Line Code 2023 2024 Change %
Total assets 20/58 €2,303 €959 -€1,344 -58.4%
Formation expenses 20 €1,173 €782 -€391 -33.3%
Current assets 29/58 €1,130 €177 -€953 -84.3%
Cash at bank and in hand 54/58 €1,130 €177 -€953 -84.3%
Total equity and liabilities 10/49 €2,303 €959 -€1,344 -58.4%
Equity 10/15 €1,967 €713 -€1,254 -63.8%
Contributions 10/11 €7,000 €7,000 = 0.0%
Profit (loss) carried forward 14 -€5,033 -€6,287 -€1,254 -24.9%
Amounts payable 17/49 €336 €246 -€90 -26.8%
Amounts payable within one year 42/48 €336 €246 -€90 -26.8%
Other amounts payable 47/48 €336 €246 -€90 -26.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €391 €391 = 0.0%
Gross operating margin 9900 -€1,089 -€728 +€361 +33.1%
Operating profit (loss) 9901 -€1,480 -€1,119 +€361 +24.4%
Financial charges 65/66B €120 €135 +€15 +12.5%
Recurring financial charges 65 €120 €135 +€15 +12.5%
Profit (loss) for the period before taxes 9903 -€1,600 -€1,254 +€346 +21.6%
Profit (loss) for the period 9904 -€1,600 -€1,254 +€346 +21.6%
Profit (loss) for the period to be appropriated 9905 -€1,600 -€1,254 +€346 +21.6%

Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.