MJ CONSTRUCTION: 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 CONSTRUCTION
Largest movements
- Tangible fixed assets +€56,197
up €56,197 (+346%), from €16,247 to €72,444
of which Furniture and vehicles: +€53,668
- Receivables within one year +€15,270
up €15,270 (+57.0%), from €26,782 to €42,052
of which Trade receivables: +€16,705
- Cash +€5,740
new in 2025: €5,740
mainly Debts after one year (+€43,566) and Depreciation (+€18,483)
- Intangible fixed assets -€5,000
down €5,000 (-14.3%), from €35,000 to €30,000
- Deferred charges and accrued income -€3,621
down €3,621 (-97.8%), from €3,703 to €82
- Debts after one year +€43,566
up €43,566 (+280%), from €15,580 to €59,146
- Profit (loss) carried forward +€15,258
up €15,258 (+74.1%), from -€20,578 to -€5,320
- Current portion of long-term debt +€9,260
up €9,260 (+110%), from €8,423 to €17,684
- Other debts -€4,001
down €4,001 (-6.8%), from €59,258 to €55,257
- Trade debts +€3,681
up €3,681 (+37.7%), from €9,759 to €13,440
- Gross operating margin +€42,239
up €42,239 (+67.2%), from €62,892 to €105,132
- Depreciation -€14,551
down €14,551 (-44.0%), from €33,034 to €18,483
- Staff costs +€13,925
up €13,925 (+26.1%), from €53,405 to €67,330
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 | €81,733 | €150,319 | +€68,586 | +83.9% |
| Fixed assets | 21/28 | €51,247 | €102,444 | +€51,197 | +99.9% |
| Intangible fixed assets | 21 | €35,000 | €30,000 | -€5,000 | -14.3% |
| Tangible fixed assets | 22/27 | €16,247 | €72,444 | +€56,197 | +346% |
| Plant, machinery and equipment | 23 | €11,872 | €14,401 | +€2,529 | +21.3% |
| Furniture and vehicles | 24 | €4,375 | €58,043 | +€53,668 | +1,227% |
| Current assets | 29/58 | €30,485 | €47,874 | +€17,389 | +57.0% |
| Amounts receivable within one year | 40/41 | €26,782 | €42,052 | +€15,270 | +57.0% |
| Trade receivables | 40 | €24,945 | €41,650 | +€16,705 | +67.0% |
| Other amounts receivable | 41 | €1,837 | €402 | -€1,435 | -78.1% |
| Cash at bank and in hand | 54/58 | - | €5,740 | +€5,740 | |
| Deferred charges and accrued income | 490/1 | €3,703 | €82 | -€3,621 | -97.8% |
| Total equity and liabilities | 10/49 | €81,733 | €150,319 | +€68,586 | +83.9% |
| Equity | 10/15 | -€15,578 | -€320 | +€15,258 | +97.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,578 | -€5,320 | +€15,258 | +74.1% |
| Amounts payable | 17/49 | €97,310 | €150,639 | +€53,328 | +54.8% |
| Amounts payable after more than one year | 17 | €15,580 | €59,146 | +€43,566 | +280% |
| Financial debts | 170/4 | €15,580 | €59,146 | +€43,566 | +280% |
| Amounts payable within one year | 42/48 | €81,731 | €91,493 | +€9,762 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €8,423 | €17,684 | +€9,260 | +110% |
| Financial debts | 43 | €574 | - | -€574 | |
| Credit institutions | 430/8 | €574 | - | -€574 | |
| Trade debts | 44 | €9,759 | €13,440 | +€3,681 | +37.7% |
| Suppliers | 440/4 | €9,759 | €13,440 | +€3,681 | +37.7% |
| Taxes, remuneration and social security | 45 | €3,717 | €5,112 | +€1,396 | +37.6% |
| Taxes | 450/3 | €250 | €384 | +€134 | +53.6% |
| Remuneration and social security | 454/9 | €3,467 | €4,729 | +€1,262 | +36.4% |
| Other amounts payable | 47/48 | €59,258 | €55,257 | -€4,001 | -6.8% |
| Remuneration, social security and pensions | 62 | €53,405 | €67,330 | +€13,925 | +26.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,034 | €18,483 | -€14,551 | -44.0% |
| Other operating charges | 640/8 | €855 | €1,616 | +€761 | +89.0% |
| Gross operating margin | 9900 | €62,892 | €105,132 | +€42,239 | +67.2% |
| Operating profit (loss) | 9901 | -€24,402 | €17,702 | +€42,104 | |
| Financial income | 75/76B | €1 | €4 | +€4 | +655% |
| Recurring financial income | 75 | €1 | €4 | +€4 | +655% |
| Financial charges | 65/66B | €1,885 | €2,449 | +€563 | +29.9% |
| Recurring financial charges | 65 | €1,885 | €2,449 | +€563 | +29.9% |
| Profit (loss) for the period before taxes | 9903 | -€26,286 | €15,258 | +€41,544 | |
| Profit (loss) for the period | 9904 | -€26,286 | €15,258 | +€41,544 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,286 | €15,258 | +€41,544 |
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 15 October 2026 via checked.be.