MJ-M: 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-M
Largest movements
- Receivables within one year +€6,817
new in 2024: €6,817
- Tangible fixed assets -€6,159
down €6,159 (-33.1%), from €18,613 to €12,454
- Cash +€394
up €394 (+69.0%), from €571 to €966
mainly Depreciation (+€6,159) and Net result for the year (+€5,739)
- Profit (loss) carried forward +€5,739
up €5,739 (+21.4%), from -€26,880 to -€21,141
- Other debts +€5,504
up €5,504 (+205.3%), from €2,680 to €8,184
- Trade debts -€5,233
down €5,233 (-77.4%), from €6,762 to €1,529
- Debts after one year -€3,074
down €3,074 (-30.9%), from €9,933 to €6,859
- Tax, wage and social debts -€1,826
down €1,826 (-8.0%), from €22,733 to €20,907
of which Taxes: -€6,187
- Gross operating margin +€12,426
up €12,426 (+80.5%), from €15,441 to €27,867
- Staff costs +€2,546
up €2,546 (+19.7%), from €12,897 to €15,443
- Taxes -€992
no longer reported in 2024 (was €992)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,184 | €20,412 | +€1,228 | +6.4% |
| Fixed assets | 21/28 | €18,613 | €12,454 | -€6,159 | -33.1% |
| Tangible fixed assets | 22/27 | €18,613 | €12,454 | -€6,159 | -33.1% |
| Furniture and vehicles | 24 | €18,613 | €12,454 | -€6,159 | -33.1% |
| Current assets | 29/58 | €571 | €7,958 | +€7,386 | +1292.5% |
| Amounts receivable within one year | 40/41 | - | €6,817 | +€6,817 | |
| Trade receivables | 40 | - | €6,817 | +€6,817 | |
| Cash at bank and in hand | 54/58 | €571 | €966 | +€394 | +69.0% |
| Deferred charges and accrued income | 490/1 | - | €176 | +€176 | |
| Total equity and liabilities | 10/49 | €19,184 | €20,412 | +€1,228 | +6.4% |
| Equity | 10/15 | -€25,880 | -€20,141 | +€5,739 | +22.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,880 | -€21,141 | +€5,739 | +21.4% |
| Amounts payable | 17/49 | €45,065 | €40,553 | -€4,512 | -10.0% |
| Amounts payable after more than one year | 17 | €9,933 | €6,859 | -€3,074 | -30.9% |
| Financial debts | 170/4 | €9,933 | €6,859 | -€3,074 | -30.9% |
| Amounts payable within one year | 42/48 | €35,132 | €33,693 | -€1,438 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €2,956 | €3,074 | +€117 | +4.0% |
| Trade debts | 44 | €6,762 | €1,529 | -€5,233 | -77.4% |
| Suppliers | 440/4 | €6,762 | €1,529 | -€5,233 | -77.4% |
| Taxes, remuneration and social security | 45 | €22,733 | €20,907 | -€1,826 | -8.0% |
| Taxes | 450/3 | €12,951 | €6,763 | -€6,187 | -47.8% |
| Remuneration and social security | 454/9 | €9,782 | €14,144 | +€4,362 | +44.6% |
| Other amounts payable | 47/48 | €2,680 | €8,184 | +€5,504 | +205.3% |
| Remuneration, social security and pensions | 62 | €12,897 | €15,443 | +€2,546 | +19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,159 | €6,159 | = | 0.0% |
| Gross operating margin | 9900 | €15,441 | €27,867 | +€12,426 | +80.5% |
| Operating profit (loss) | 9901 | -€3,614 | €6,266 | +€9,880 | |
| Financial charges | 65/66B | €338 | €527 | +€188 | +55.7% |
| Recurring financial charges | 65 | €338 | €527 | +€188 | +55.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,952 | €5,739 | +€9,692 | |
| Income taxes | 67/77 | €992 | - | -€992 | |
| Profit (loss) for the period | 9904 | -€4,945 | €5,739 | +€10,684 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,945 | €5,739 | +€10,684 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.