MJ-LINE: 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-LINE
Largest movements
- Cash +€28,565
up €28,565 (+52.9%), from €53,967 to €82,532
mainly Net result for the year (+€19,843) and Depreciation (+€9,664)
- Tangible fixed assets -€9,664
down €9,664 (-47.0%), from €20,571 to €10,907
- Profit (loss) carried forward +€19,843
up €19,843 (+28.6%), from -€69,406 to -€49,563
- Debts after one year -€6,000
down €6,000 (-4.6%), from €129,089 to €123,089
- Tax, wage and social debts +€2,638
up €2,638 (+66.4%), from €3,971 to €6,609
of which Taxes: +€2,638
- Trade debts +€1,116
up €1,116 (+55.3%), from €2,016 to €3,131
- Gross operating margin +€14,512
up €14,512 (+54.8%), from €26,461 to €40,973
- Other operating charges -€763
down €763 (-6.3%), from €12,124 to €11,361
- Financial charges -€488
down €488 (-44.0%), from €1,108 to €620
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 | €90,859 | €109,142 | +€18,282 | +20.1% |
| Fixed assets | 21/28 | €20,801 | €11,137 | -€9,664 | -46.5% |
| Tangible fixed assets | 22/27 | €20,571 | €10,907 | -€9,664 | -47.0% |
| Furniture and vehicles | 24 | €20,571 | €10,907 | -€9,664 | -47.0% |
| Financial fixed assets | 28 | €230 | €230 | = | 0.0% |
| Current assets | 29/58 | €70,059 | €98,005 | +€27,946 | +39.9% |
| Stocks and contracts in progress | 3 | €14,634 | €14,320 | -€314 | -2.1% |
| Stocks | 30/36 | €14,634 | €14,320 | -€314 | -2.1% |
| Amounts receivable within one year | 40/41 | €7 | €0 | -€7 | -100% |
| Trade receivables | 40 | €7 | €0 | -€7 | -100% |
| Cash at bank and in hand | 54/58 | €53,967 | €82,532 | +€28,565 | +52.9% |
| Deferred charges and accrued income | 490/1 | €1,451 | €1,153 | -€298 | -20.5% |
| Total equity and liabilities | 10/49 | €90,859 | €109,142 | +€18,282 | +20.1% |
| Equity | 10/15 | -€46,283 | -€26,440 | +€19,843 | +42.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €3,124 | €3,124 | = | 0.0% |
| Distributable reserves | 133 | €3,124 | €3,124 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,406 | -€49,563 | +€19,843 | +28.6% |
| Amounts payable | 17/49 | €137,142 | €135,581 | -€1,561 | -1.1% |
| Amounts payable after more than one year | 17 | €129,089 | €123,089 | -€6,000 | -4.6% |
| Other amounts payable | 178/9 | €129,089 | €123,089 | -€6,000 | -4.6% |
| Amounts payable within one year | 42/48 | €8,053 | €12,492 | +€4,439 | +55.1% |
| Trade debts | 44 | €2,016 | €3,131 | +€1,116 | +55.3% |
| Suppliers | 440/4 | €2,016 | €3,131 | +€1,116 | +55.3% |
| Taxes, remuneration and social security | 45 | €3,971 | €6,609 | +€2,638 | +66.4% |
| Taxes | 450/3 | €1,071 | €3,709 | +€2,638 | +246% |
| Remuneration and social security | 454/9 | €2,900 | €2,900 | = | 0.0% |
| Other amounts payable | 47/48 | €2,066 | €2,752 | +€686 | +33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,664 | €9,664 | = | 0.0% |
| Other operating charges | 640/8 | €12,124 | €11,361 | -€763 | -6.3% |
| Gross operating margin | 9900 | €26,461 | €40,973 | +€14,512 | +54.8% |
| Operating profit (loss) | 9901 | €4,673 | €19,949 | +€15,276 | +327% |
| Financial income | 75/76B | €343 | €514 | +€171 | +50.0% |
| Recurring financial income | 75 | €343 | €514 | +€171 | +50.0% |
| Financial charges | 65/66B | €1,108 | €620 | -€488 | -44.0% |
| Recurring financial charges | 65 | €1,108 | €620 | -€488 | -44.0% |
| Profit (loss) for the period before taxes | 9903 | €3,908 | €19,843 | +€15,935 | +408% |
| Profit (loss) for the period | 9904 | €3,908 | €19,843 | +€15,935 | +408% |
| Profit (loss) for the period to be appropriated | 9905 | €3,908 | €19,843 | +€15,935 | +408% |
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 17 October 2026 via checked.be.