MJ Consult: 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 Consult
Largest movements
- Stocks and contracts +€88,875
up €88,875 (+587%), from €15,130 to €104,005
- Tangible fixed assets +€66,840
up €66,840 (+187%), from €35,722 to €102,562
of which Plant, machinery and equipment: +€40,928
- Receivables within one year +€63,184
up €63,184 (+70.8%), from €89,249 to €152,433
of which Trade receivables: +€61,551
- Cash +€36,011
up €36,011 (+4,093%), from €880 to €36,891
mainly Net result for the year (+€103,957) and Other debts (+€59,283)
- Reserves +€84,168
new in 2025: €84,168
- Other debts +€59,283
up €59,283 (+191%), from €30,966 to €90,249
- Trade debts +€37,072
up €37,072 (+34.4%), from €107,773 to €144,845
- Debts after one year +€30,000
new in 2025: €30,000
- Tax, wage and social debts +€24,599
up €24,599 (+207%), from €11,911 to €36,510
of which Taxes: +€19,257
- Gross operating margin +€186,798
up €186,798, from -€13,193 to €173,604
- Taxes +€30,795
up €30,795 (+16,539%), from €186 to €30,981
- Staff costs +€24,491
new in 2025: €24,491
- Depreciation +€6,713
up €6,713 (+128%), from €5,256 to €11,969
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 | €144,861 | €399,771 | +€254,910 | +176% |
| Fixed assets | 21/28 | €39,602 | €106,442 | +€66,840 | +169% |
| Tangible fixed assets | 22/27 | €35,722 | €102,562 | +€66,840 | +187% |
| Plant, machinery and equipment | 23 | €30,394 | €71,322 | +€40,928 | +135% |
| Furniture and vehicles | 24 | €5,328 | €13,683 | +€8,355 | +157% |
| Other tangible fixed assets | 26 | - | €17,557 | +€17,557 | |
| Financial fixed assets | 28 | €3,880 | €3,880 | = | 0.0% |
| Current assets | 29/58 | €105,259 | €293,330 | +€188,071 | +179% |
| Stocks and contracts in progress | 3 | €15,130 | €104,005 | +€88,875 | +587% |
| Stocks | 30/36 | €15,130 | €104,005 | +€88,875 | +587% |
| Amounts receivable within one year | 40/41 | €89,249 | €152,433 | +€63,184 | +70.8% |
| Trade receivables | 40 | €89,249 | €150,799 | +€61,551 | +69.0% |
| Other amounts receivable | 41 | - | €1,634 | +€1,634 | |
| Cash at bank and in hand | 54/58 | €880 | €36,891 | +€36,011 | +4,093% |
| Total equity and liabilities | 10/49 | €144,861 | €399,771 | +€254,910 | +176% |
| Equity | 10/15 | -€5,788 | €98,168 | +€103,957 | |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Reserves | 13 | - | €84,168 | +€84,168 | |
| Distributable reserves | 133 | - | €84,168 | +€84,168 | |
| Profit (loss) carried forward | 14 | -€19,788 | - | +€19,788 | |
| Amounts payable | 17/49 | €150,649 | €301,603 | +€150,954 | +100% |
| Amounts payable after more than one year | 17 | - | €30,000 | +€30,000 | |
| Financial debts | 170/4 | - | €30,000 | +€30,000 | |
| Amounts payable within one year | 42/48 | €150,649 | €271,603 | +€120,954 | +80.3% |
| Trade debts | 44 | €107,773 | €144,845 | +€37,072 | +34.4% |
| Suppliers | 440/4 | €107,773 | €144,845 | +€37,072 | +34.4% |
| Taxes, remuneration and social security | 45 | €11,911 | €36,510 | +€24,599 | +207% |
| Taxes | 450/3 | €11,911 | €31,167 | +€19,257 | +162% |
| Remuneration and social security | 454/9 | - | €5,342 | +€5,342 | |
| Other amounts payable | 47/48 | €30,966 | €90,249 | +€59,283 | +191% |
| Remuneration, social security and pensions | 62 | - | €24,491 | +€24,491 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,256 | €11,969 | +€6,713 | +128% |
| Other operating charges | 640/8 | €1,074 | €2,183 | +€1,109 | +103% |
| Gross operating margin | 9900 | -€13,193 | €173,604 | +€186,798 | |
| Operating profit (loss) | 9901 | -€19,523 | €134,961 | +€154,484 | |
| Financial income | 75/76B | - | €856 | +€856 | |
| Recurring financial income | 75 | - | €856 | +€856 | |
| Financial charges | 65/66B | €1,547 | €879 | -€668 | -43.2% |
| Recurring financial charges | 65 | €1,547 | €879 | -€668 | -43.2% |
| Profit (loss) for the period before taxes | 9903 | -€21,070 | €134,938 | +€156,008 | |
| Income taxes | 67/77 | €186 | €30,981 | +€30,795 | +16,539% |
| Profit (loss) for the period | 9904 | -€21,256 | €103,957 | +€125,213 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,256 | €103,957 | +€125,213 |
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 16 October 2026 via checked.be.