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
- Receivables within one year +€2.1m
up €2.1m (+7,686%), from €27,188 to €2.1m
- Current investments +€80,000
up €80,000 (+34.8%), from €229,953 to €309,953
- Debts after one year +€2.0m
up €2.0m (+3,781%), from €52,152 to €2.0m
of which Other amounts payable: +€2.0m
- Reserves +€100,000
up €100,000 (+30.8%), from €325,000 to €425,000
- Accrued charges and deferred income +€61,336
up €61,336 (+3,653%), from €1,679 to €63,015
- Trade debts +€28,492
up €28,492 (+534%), from €5,337 to €33,829
- Financial income +€110,559
up €110,559 (+102,275%), from €108 to €110,667
- Financial charges +€88,896
up €88,896 (+2,006%), from €4,432 to €93,328
- Gross operating margin -€41,624
down €41,624 (-25.6%), from €162,482 to €120,858
- Taxes -€7,752
down €7,752 (-20.2%), from €38,416 to €30,663
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 | €427,652 | €2,593,164 | +€2.2m | +506% |
| Fixed assets | 21/28 | €131,266 | €132,867 | +€1,601 | +1.2% |
| Tangible fixed assets | 22/27 | €131,266 | €127,867 | -€3,399 | -2.6% |
| Land and buildings | 22 | €131,266 | €127,867 | -€3,399 | -2.6% |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €296,386 | €2,460,297 | +€2.2m | +730% |
| Amounts receivable within one year | 40/41 | €27,188 | €2,116,985 | +€2.1m | +7,686% |
| Other amounts receivable | 41 | €27,188 | €2,116,985 | +€2.1m | +7,686% |
| Current investments | 50/53 | €229,953 | €309,953 | +€80,000 | +34.8% |
| Cash at bank and in hand | 54/58 | €39,244 | €33,359 | -€5,886 | -15.0% |
| Total equity and liabilities | 10/49 | €427,652 | €2,593,164 | +€2.2m | +506% |
| Equity | 10/15 | €329,312 | €432,245 | +€102,933 | +31.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €325,000 | €425,000 | +€100,000 | +30.8% |
| Distributable reserves | 133 | €325,000 | €425,000 | +€100,000 | +30.8% |
| Profit (loss) carried forward | 14 | €1,812 | €4,745 | +€2,933 | +162% |
| Amounts payable | 17/49 | €98,340 | €2,160,918 | +€2.1m | +2,097% |
| Amounts payable after more than one year | 17 | €52,152 | €2,024,012 | +€2.0m | +3,781% |
| Financial debts | 170/4 | €52,152 | €24,012 | -€28,140 | -54.0% |
| Other amounts payable | 178/9 | - | €2,000,000 | +€2.0m | |
| Amounts payable within one year | 42/48 | €44,509 | €73,892 | +€29,383 | +66.0% |
| Current portion of amounts payable after more than one year | 42 | €26,688 | €28,020 | +€1,331 | +5.0% |
| Trade debts | 44 | €5,337 | €33,829 | +€28,492 | +534% |
| Suppliers | 440/4 | €5,337 | €33,829 | +€28,492 | +534% |
| Taxes, remuneration and social security | 45 | €12,483 | €12,043 | -€441 | -3.5% |
| Taxes | 450/3 | €12,483 | €12,043 | -€441 | -3.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,679 | €63,015 | +€61,336 | +3,653% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,392 | €3,399 | +€7 | +0.2% |
| Other operating charges | 640/8 | €1,025 | €1,201 | +€176 | +17.2% |
| Gross operating margin | 9900 | €162,482 | €120,858 | -€41,624 | -25.6% |
| Operating profit (loss) | 9901 | €158,065 | €116,258 | -€41,808 | -26.4% |
| Financial income | 75/76B | €108 | €110,667 | +€110,559 | +102,275% |
| Recurring financial income | 75 | €108 | €110,667 | +€110,559 | +102,275% |
| Financial charges | 65/66B | €4,432 | €93,328 | +€88,896 | +2,006% |
| Recurring financial charges | 65 | €4,432 | €93,328 | +€88,896 | +2,006% |
| Profit (loss) for the period before taxes | 9903 | €153,741 | €133,597 | -€20,145 | -13.1% |
| Income taxes | 67/77 | €38,416 | €30,663 | -€7,752 | -20.2% |
| Profit (loss) for the period | 9904 | €115,326 | €102,933 | -€12,392 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €115,326 | €102,933 | -€12,392 | -10.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.