MDJM: 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.
MDJM
Largest movements
- Tangible fixed assets -€42,270
down €42,270 (-6.9%), from €611,358 to €569,088
of which Land and buildings: -€40,728
- Cash +€10,983
up €10,983 (+934.3%), from €1,176 to €12,159
mainly Depreciation (+€42,270) and Trade debts (+€11,262)
- Debts after one year -€44,817
down €44,817 (-8.6%), from €519,747 to €474,930
- Trade debts +€11,262
up €11,262 (+1161.9%), from €969 to €12,232
- Profit (loss) carried forward +€7,685
up €7,685 (+39.5%), from -€19,479 to -€11,794
- Gross operating margin +€1,521
up €1,521 (+2.3%), from €67,131 to €68,652
- Financial charges -€710
down €710 (-8.6%), from €8,219 to €7,509
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €692,984 | €667,603 | -€25,381 | -3.7% |
| Fixed assets | 21/28 | €611,358 | €569,088 | -€42,270 | -6.9% |
| Tangible fixed assets | 22/27 | €611,358 | €569,088 | -€42,270 | -6.9% |
| Land and buildings | 22 | €601,600 | €560,873 | -€40,728 | -6.8% |
| Plant, machinery and equipment | 23 | €9,758 | €8,215 | -€1,542 | -15.8% |
| Current assets | 29/58 | €81,626 | €98,515 | +€16,889 | +20.7% |
| Amounts receivable within one year | 40/41 | €15,500 | €15,500 | = | 0.0% |
| Other amounts receivable | 41 | €15,500 | €15,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,176 | €12,159 | +€10,983 | +934.3% |
| Deferred charges and accrued income | 490/1 | €64,950 | €70,856 | +€5,905 | +9.1% |
| Total equity and liabilities | 10/49 | €692,984 | €667,603 | -€25,381 | -3.7% |
| Equity | 10/15 | €42,021 | €49,706 | +€7,685 | +18.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,479 | -€11,794 | +€7,685 | +39.5% |
| Amounts payable | 17/49 | €650,963 | €617,897 | -€33,066 | -5.1% |
| Amounts payable after more than one year | 17 | €519,747 | €474,930 | -€44,817 | -8.6% |
| Financial debts | 170/4 | €519,747 | €474,930 | -€44,817 | -8.6% |
| Amounts payable within one year | 42/48 | €131,069 | €142,961 | +€11,892 | +9.1% |
| Current portion of amounts payable after more than one year | 42 | €44,188 | €44,817 | +€630 | +1.4% |
| Trade debts | 44 | €969 | €12,232 | +€11,262 | +1161.9% |
| Suppliers | 440/4 | €969 | €12,232 | +€11,262 | +1161.9% |
| Other amounts payable | 47/48 | €85,912 | €85,912 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €147 | €6 | -€141 | -95.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,270 | €42,270 | -€0 | 0.0% |
| Other operating charges | 640/8 | €10,935 | €11,188 | +€253 | +2.3% |
| Gross operating margin | 9900 | €67,131 | €68,652 | +€1,521 | +2.3% |
| Operating profit (loss) | 9901 | €13,926 | €15,194 | +€1,268 | +9.1% |
| Financial charges | 65/66B | €8,219 | €7,509 | -€710 | -8.6% |
| Recurring financial charges | 65 | €8,219 | €7,509 | -€710 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €5,707 | €7,685 | +€1,978 | +34.7% |
| Profit (loss) for the period | 9904 | €5,707 | €7,685 | +€1,978 | +34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,707 | €7,685 | +€1,978 | +34.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.