MJ EXPRESS: what changed
Two fiscal 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 EXPRESS
Largest movements
- Tangible fixed assets -€6,990
no longer reported in 2025 (was €6,990)
- Receivables within one year -€4,596
down €4,596 (-98.8%), from €4,653 to €57
of which Trade receivables: -€4,653
- Cash -€1,706
no longer reported in 2025 (was €1,706)
mainly Other debts (-€9,333) and Tax, wage and social debts (-€3,313)
- Other debts -€9,333
down €9,333 (-17.7%), from €52,732 to €43,400
- Tax, wage and social debts -€3,313
no longer reported in 2025 (was €3,313)
of which Remuneration and social security: -€2,000
- Profit (loss) carried forward -€692
down €692 (-1.5%), from -€47,051 to -€47,743
- Depreciation -€3,689
no longer reported in 2025 (was €3,689)
- Gross operating margin -€3,588
down €3,588 (-41.4%), from €8,675 to €5,087
- Other operating charges -€1,689
down €1,689 (-90.9%), from €1,858 to €169
- Financial charges -€139
down €139 (-67.5%), from €207 to €67
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.
Cash bridge derived
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 | €13,349 | €57 | -€13,292 | -99.6% |
| Fixed assets | 21/28 | €6,990 | - | -€6,990 | |
| Tangible fixed assets | 22/27 | €6,990 | - | -€6,990 | |
| Furniture and vehicles | 24 | €6,990 | - | -€6,990 | |
| Current assets | 29/58 | €6,359 | €57 | -€6,303 | -99.1% |
| Amounts receivable within one year | 40/41 | €4,653 | €57 | -€4,596 | -98.8% |
| Trade receivables | 40 | €4,653 | - | -€4,653 | |
| Other amounts receivable | 41 | - | €57 | +€57 | |
| Cash at bank and in hand | 54/58 | €1,706 | - | -€1,706 | |
| Total equity and liabilities | 10/49 | €13,349 | €57 | -€13,292 | -99.6% |
| Equity | 10/15 | -€43,051 | -€43,743 | -€692 | -1.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,051 | -€47,743 | -€692 | -1.5% |
| Amounts payable | 17/49 | €56,400 | €43,799 | -€12,600 | -22.3% |
| Amounts payable within one year | 42/48 | €56,400 | €43,799 | -€12,600 | -22.3% |
| Trade debts | 44 | €354 | €400 | +€46 | +13.0% |
| Suppliers | 440/4 | €354 | €400 | +€46 | +13.0% |
| Taxes, remuneration and social security | 45 | €3,313 | - | -€3,313 | |
| Taxes | 450/3 | €1,313 | - | -€1,313 | |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €52,732 | €43,400 | -€9,333 | -17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,689 | - | -€3,689 | |
| Other operating charges | 640/8 | €1,858 | €169 | -€1,689 | -90.9% |
| Non-recurring operating charges | 66A | €13,497 | €5,543 | -€7,954 | -58.9% |
| Gross operating margin | 9900 | €8,675 | €5,087 | -€3,588 | -41.4% |
| Operating profit (loss) | 9901 | -€10,370 | -€626 | +€9,745 | +94.0% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €207 | €67 | -€139 | -67.5% |
| Recurring financial charges | 65 | €207 | €67 | -€139 | -67.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,577 | -€692 | +€9,885 | +93.5% |
| Profit (loss) for the period | 9904 | -€10,577 | -€692 | +€9,885 | +93.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,577 | -€692 | +€9,885 | +93.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.