MJ DALLES: 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 DALLES
Largest movements
- Receivables within one year -€53,754
down €53,754 (-56.8%), from €94,717 to €40,963
of which Trade receivables: -€55,408
- Cash +€30,552
up €30,552 (+57.3%), from €53,285 to €83,837
mainly Net result for the year (+€59,307) and Receivables within one year (+€53,754)
- Tangible fixed assets +€10,824
up €10,824 (+20.6%), from €52,550 to €63,375
of which Plant, machinery and equipment: +€19,115
- Trade debts -€70,784
down €70,784 (-98.0%), from €72,259 to €1,476
- Profit (loss) carried forward +€59,307
up €59,307 (+88.8%), from €66,822 to €126,129
- Tax, wage and social debts +€8,689
up €8,689 (+108%), from €8,063 to €16,752
- Debts after one year -€7,926
down €7,926 (-30.1%), from €26,345 to €18,418
- Other debts -€2,006
down €2,006 (-16.7%), from €11,979 to €9,973
- Gross operating margin +€41,798
up €41,798 (+73.6%), from €56,807 to €98,605
- Depreciation +€8,730
up €8,730 (+66.7%), from €13,090 to €21,820
- Taxes +€8,006
up €8,006 (+105%), from €7,644 to €15,649
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 | €200,553 | €188,175 | -€12,378 | -6.2% |
| Fixed assets | 21/28 | €52,550 | €63,375 | +€10,824 | +20.6% |
| Tangible fixed assets | 22/27 | €52,550 | €63,375 | +€10,824 | +20.6% |
| Plant, machinery and equipment | 23 | €6,416 | €25,531 | +€19,115 | +298% |
| Furniture and vehicles | 24 | €46,135 | €37,844 | -€8,291 | -18.0% |
| Current assets | 29/58 | €148,002 | €124,800 | -€23,202 | -15.7% |
| Amounts receivable within one year | 40/41 | €94,717 | €40,963 | -€53,754 | -56.8% |
| Trade receivables | 40 | €94,717 | €39,310 | -€55,408 | -58.5% |
| Other amounts receivable | 41 | - | €1,653 | +€1,653 | |
| Cash at bank and in hand | 54/58 | €53,285 | €83,837 | +€30,552 | +57.3% |
| Total equity and liabilities | 10/49 | €200,553 | €188,175 | -€12,378 | -6.2% |
| Equity | 10/15 | €74,322 | €133,629 | +€59,307 | +79.8% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,822 | €126,129 | +€59,307 | +88.8% |
| Amounts payable | 17/49 | €126,231 | €54,546 | -€71,685 | -56.8% |
| Amounts payable after more than one year | 17 | €26,345 | €18,418 | -€7,926 | -30.1% |
| Financial debts | 170/4 | €26,345 | €18,418 | -€7,926 | -30.1% |
| Amounts payable within one year | 42/48 | €99,886 | €36,127 | -€63,759 | -63.8% |
| Current portion of amounts payable after more than one year | 42 | €7,585 | €7,926 | +€341 | +4.5% |
| Trade debts | 44 | €72,259 | €1,476 | -€70,784 | -98.0% |
| Suppliers | 440/4 | €72,259 | €1,476 | -€70,784 | -98.0% |
| Taxes, remuneration and social security | 45 | €8,063 | €16,752 | +€8,689 | +108% |
| Taxes | 450/3 | €8,063 | €16,752 | +€8,689 | +108% |
| Other amounts payable | 47/48 | €11,979 | €9,973 | -€2,006 | -16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,090 | €21,820 | +€8,730 | +66.7% |
| Other operating charges | 640/8 | €247 | €256 | +€9 | +3.8% |
| Gross operating margin | 9900 | €56,807 | €98,605 | +€41,798 | +73.6% |
| Operating profit (loss) | 9901 | €43,471 | €76,529 | +€33,058 | +76.0% |
| Financial charges | 65/66B | €1,827 | €1,572 | -€255 | -14.0% |
| Recurring financial charges | 65 | €1,827 | €1,572 | -€255 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €41,643 | €74,957 | +€33,314 | +80.0% |
| Income taxes | 67/77 | €7,644 | €15,649 | +€8,006 | +105% |
| Profit (loss) for the period | 9904 | €34,000 | €59,307 | +€25,308 | +74.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,000 | €59,307 | +€25,308 | +74.4% |
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 20 October 2026 via checked.be.