MJ architecture: 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.
MJ architecture
Largest movements
- Tangible fixed assets +€40,077
up €40,077 (+69.0%), from €58,091 to €98,169
of which Furniture and vehicles: +€43,326
- Cash -€17,497
down €17,497 (-66.0%), from €26,527 to €9,030
mainly Investment in fixed assets (net) (-€60,845) and Tax, wage and social debts (-€9,456)
- Receivables within one year +€3,623
up €3,623 (+56.9%), from €6,364 to €9,987
of which Trade receivables: +€2,188
- Debts after one year +€34,130
up €34,130 (+516%), from €6,608 to €40,738
- Tax, wage and social debts -€9,456
down €9,456 (-80.6%), from €11,729 to €2,272
- Current portion of long-term debt +€3,301
up €3,301 (+35.6%), from €9,284 to €12,585
- Profit (loss) carried forward -€2,891
down €2,891 (-13.6%), from €21,227 to €18,336
- Trade debts +€1,252
up €1,252 (+26.5%), from €4,722 to €5,974
- Gross operating margin -€8,325
down €8,325 (-28.9%), from €28,790 to €20,465
- Depreciation +€6,161
up €6,161 (+42.2%), from €14,607 to €20,768
- Taxes -€5,145
down €5,145 (-92.3%), from €5,576 to €430
- Financial charges +€985
up €985 (+107%), from €917 to €1,902
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 | €95,055 | €121,229 | +€26,173 | +27.5% |
| Fixed assets | 21/28 | €61,971 | €102,049 | +€40,077 | +64.7% |
| Tangible fixed assets | 22/27 | €58,091 | €98,169 | +€40,077 | +69.0% |
| Furniture and vehicles | 24 | €10,358 | €53,684 | +€43,326 | +418% |
| Other tangible fixed assets | 26 | €47,734 | €44,485 | -€3,249 | -6.8% |
| Financial fixed assets | 28 | €3,880 | €3,880 | = | 0.0% |
| Current assets | 29/58 | €33,084 | €19,180 | -€13,904 | -42.0% |
| Amounts receivable within one year | 40/41 | €6,364 | €9,987 | +€3,623 | +56.9% |
| Trade receivables | 40 | €6,364 | €8,552 | +€2,188 | +34.4% |
| Other amounts receivable | 41 | - | €1,435 | +€1,435 | |
| Current investments | 50/53 | €8 | €8 | -€0 | -3.2% |
| Cash at bank and in hand | 54/58 | €26,527 | €9,030 | -€17,497 | -66.0% |
| Deferred charges and accrued income | 490/1 | €185 | €155 | -€29 | -15.9% |
| Total equity and liabilities | 10/49 | €95,055 | €121,229 | +€26,173 | +27.5% |
| Equity | 10/15 | €48,127 | €45,236 | -€2,891 | -6.0% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €18,840 | €18,840 | = | 0.0% |
| Distributable reserves | 133 | €18,840 | €18,840 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,227 | €18,336 | -€2,891 | -13.6% |
| Amounts payable | 17/49 | €46,929 | €75,993 | +€29,064 | +61.9% |
| Amounts payable after more than one year | 17 | €6,608 | €40,738 | +€34,130 | +516% |
| Financial debts | 170/4 | €6,608 | €40,738 | +€34,130 | +516% |
| Amounts payable within one year | 42/48 | €40,321 | €35,255 | -€5,066 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | €9,284 | €12,585 | +€3,301 | +35.6% |
| Trade debts | 44 | €4,722 | €5,974 | +€1,252 | +26.5% |
| Suppliers | 440/4 | €4,722 | €5,974 | +€1,252 | +26.5% |
| Advances received on contracts in progress | 46 | - | €400 | +€400 | |
| Taxes, remuneration and social security | 45 | €11,729 | €2,272 | -€9,456 | -80.6% |
| Taxes | 450/3 | €11,729 | €2,272 | -€9,456 | -80.6% |
| Other amounts payable | 47/48 | €14,586 | €14,024 | -€563 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,607 | €20,768 | +€6,161 | +42.2% |
| Other operating charges | 640/8 | €423 | €257 | -€166 | -39.2% |
| Gross operating margin | 9900 | €28,790 | €20,465 | -€8,325 | -28.9% |
| Operating profit (loss) | 9901 | €13,761 | -€559 | -€14,320 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +1,367% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +1,367% |
| Financial charges | 65/66B | €917 | €1,902 | +€985 | +107% |
| Recurring financial charges | 65 | €917 | €1,902 | +€985 | +107% |
| Profit (loss) for the period before taxes | 9903 | €12,843 | -€2,460 | -€15,304 | |
| Income taxes | 67/77 | €5,576 | €430 | -€5,145 | -92.3% |
| Profit (loss) for the period | 9904 | €7,268 | -€2,891 | -€10,158 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,268 | -€2,891 | -€10,158 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.