MJ DRIVE LIMOUSINE: what changed
MJ DRIVE LIMOUSINE
Largest movements
- Receivables within one year -€14,298
down €14,298 (-21.1%), from €67,821 to €53,523
of which Trade receivables: -€36,593
- Cash -€2,457
down €2,457 (-57.1%), from €4,305 to €1,847
mainly Other debts (-€18,000) and Investment in fixed assets (net) (-€10,055)
- Tangible fixed assets +€1,481
up €1,481 (+8.1%), from €18,248 to €19,729
- Other debts -€18,000
no longer reported in 2025 (was €18,000)
- Debts after one year -€7,351
down €7,351 (-91.9%), from €7,996 to €645
- Reserves +€5,269
up €5,269 (+13.5%), from €38,913 to €44,181
- Trade debts +€4,545
new in 2025: €4,545
- Gross operating margin -€40,943
down €40,943 (-69.8%), from €58,679 to €17,736
- Turnover -€27,499
down €27,499 (-16.5%), from €166,364 to €138,864
- Purchases and services +€13,443
up €13,443 (+12.5%), from €107,685 to €121,128
- Taxes -€5,030
down €5,030 (-72.5%), from €6,939 to €1,909
- Depreciation +€2,043
up €2,043 (+31.3%), from €6,531 to €8,574
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €90,374 | €75,673 | -€14,701 | -16.3% |
| Fixed assets | 21/28 | €18,248 | €19,729 | +€1,481 | +8.1% |
| Tangible fixed assets | 22/27 | €18,248 | €19,729 | +€1,481 | +8.1% |
| Furniture and vehicles | 24 | €18,248 | €19,729 | +€1,481 | +8.1% |
| Current assets | 29/58 | €72,126 | €55,944 | -€16,181 | -22.4% |
| Amounts receivable within one year | 40/41 | €67,821 | €53,523 | -€14,298 | -21.1% |
| Trade receivables | 40 | €39,381 | €2,788 | -€36,593 | -92.9% |
| Other amounts receivable | 41 | €28,440 | €50,734 | +€22,294 | +78.4% |
| Cash at bank and in hand | 54/58 | €4,305 | €1,847 | -€2,457 | -57.1% |
| Deferred charges and accrued income | 490/1 | - | €574 | +€574 | |
| Total equity and liabilities | 10/49 | €90,374 | €75,673 | -€14,701 | -16.3% |
| Equity | 10/15 | €48,636 | €53,905 | +€5,269 | +10.8% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €38,913 | €44,181 | +€5,269 | +13.5% |
| Distributable reserves | 133 | €38,913 | €44,181 | +€5,269 | +13.5% |
| Profit (loss) carried forward | 14 | -€2,876 | -€2,876 | = | 0.0% |
| Amounts payable | 17/49 | €41,738 | €21,768 | -€19,969 | -47.8% |
| Amounts payable after more than one year | 17 | €7,996 | €645 | -€7,351 | -91.9% |
| Financial debts | 170/4 | €7,996 | €645 | -€7,351 | -91.9% |
| Amounts payable within one year | 42/48 | €33,741 | €21,123 | -€12,618 | -37.4% |
| Financial debts | 43 | €7,351 | €7,351 | = | 0.0% |
| Other loans | 439 | €7,351 | €7,351 | = | 0.0% |
| Trade debts | 44 | - | €4,545 | +€4,545 | |
| Suppliers | 440/4 | - | €4,545 | +€4,545 | |
| Taxes, remuneration and social security | 45 | €8,391 | €9,227 | +€837 | +10.0% |
| Taxes | 450/3 | €8,391 | €9,227 | +€837 | +10.0% |
| Other amounts payable | 47/48 | €18,000 | - | -€18,000 | |
| Turnover | 70 | €166,364 | €138,864 | -€27,499 | -16.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €107,685 | €121,128 | +€13,443 | +12.5% |
| Remuneration, social security and pensions | 62 | - | €750 | +€750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,531 | €8,574 | +€2,043 | +31.3% |
| Other operating charges | 640/8 | €1,972 | €3,425 | +€1,453 | +73.7% |
| Gross operating margin | 9900 | €58,679 | €17,736 | -€40,943 | -69.8% |
| Operating profit (loss) | 9901 | €50,176 | €4,987 | -€45,189 | -90.1% |
| Financial income | 75/76B | €1,673 | €2,529 | +€856 | +51.2% |
| Recurring financial income | 75 | €1,673 | €2,529 | +€856 | +51.2% |
| Financial charges | 65/66B | €349 | €337 | -€12 | -3.4% |
| Recurring financial charges | 65 | €349 | €337 | -€12 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €51,499 | €7,178 | -€44,321 | -86.1% |
| Income taxes | 67/77 | €6,939 | €1,909 | -€5,030 | -72.5% |
| Profit (loss) for the period | 9904 | €44,561 | €5,269 | -€39,292 | -88.2% |
| Profit (loss) for the period to be appropriated | 9905 | €44,561 | €5,269 | -€39,292 | -88.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.