MJ PSY: 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 PSY
Largest movements
- Cash +€40,946
up €40,946 (+114.6%), from €35,733 to €76,678
mainly Net result for the year (+€78,311) and Other debts (+€77,853)
- Receivables within one year -€4,940
no longer reported in 2025 (was €4,940)
- Tangible fixed assets +€4,603
up €4,603 (+71.6%), from €6,432 to €11,035
- Deferred charges and accrued income +€1,920
up €1,920 (+30.9%), from €6,213 to €8,133
- Other debts +€77,853
up €77,853 (+16978.4%), from €459 to €78,311
- Reserves -€41,763
no longer reported in 2025 (was €41,763)
- Short-term financial debts +€5,045
new in 2025: €5,045
- Tax, wage and social debts +€2,146
up €2,146 (+19.2%), from €11,199 to €13,345
- Gross operating margin +€54,888
up €54,888 (+104.6%), from €52,492 to €107,381
- Taxes +€10,947
up €10,947 (+97.8%), from €11,199 to €22,146
- Other operating charges +€3,226
up €3,226 (+315.1%), from €1,024 to €4,249
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 | €53,685 | €97,038 | +€43,353 | +80.8% |
| Fixed assets | 21/28 | €6,800 | €11,403 | +€4,603 | +67.7% |
| Tangible fixed assets | 22/27 | €6,432 | €11,035 | +€4,603 | +71.6% |
| Furniture and vehicles | 24 | €6,432 | €11,035 | +€4,603 | +71.6% |
| Financial fixed assets | 28 | €368 | €368 | = | 0.0% |
| Current assets | 29/58 | €46,886 | €85,635 | +€38,750 | +82.6% |
| Amounts receivable after more than one year | 29 | - | €824 | +€824 | |
| Other amounts receivable | 291 | - | €824 | +€824 | |
| Amounts receivable within one year | 40/41 | €4,940 | - | -€4,940 | |
| Trade receivables | 40 | €4,940 | - | -€4,940 | |
| Cash at bank and in hand | 54/58 | €35,733 | €76,678 | +€40,946 | +114.6% |
| Deferred charges and accrued income | 490/1 | €6,213 | €8,133 | +€1,920 | +30.9% |
| Total equity and liabilities | 10/49 | €53,685 | €97,038 | +€43,353 | +80.8% |
| Equity | 10/15 | €41,863 | €100 | -€41,763 | -99.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €41,763 | - | -€41,763 | |
| Distributable reserves | 133 | €41,763 | - | -€41,763 | |
| Amounts payable | 17/49 | €11,822 | €96,938 | +€85,116 | +719.9% |
| Amounts payable within one year | 42/48 | €11,822 | €96,938 | +€85,116 | +719.9% |
| Financial debts | 43 | - | €5,045 | +€5,045 | |
| Credit institutions | 430/8 | - | €5,045 | +€5,045 | |
| Trade debts | 44 | €165 | €236 | +€72 | +43.4% |
| Suppliers | 440/4 | €165 | €236 | +€72 | +43.4% |
| Taxes, remuneration and social security | 45 | €11,199 | €13,345 | +€2,146 | +19.2% |
| Taxes | 450/3 | €11,199 | €13,345 | +€2,146 | +19.2% |
| Other amounts payable | 47/48 | €459 | €78,311 | +€77,853 | +16978.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,608 | €2,285 | +€678 | +42.1% |
| Other operating charges | 640/8 | €1,024 | €4,249 | +€3,226 | +315.1% |
| Gross operating margin | 9900 | €52,492 | €107,381 | +€54,888 | +104.6% |
| Operating profit (loss) | 9901 | €49,861 | €100,846 | +€50,985 | +102.3% |
| Financial income | 75/76B | €30 | €10 | -€20 | -67.0% |
| Recurring financial income | 75 | €30 | €10 | -€20 | -67.0% |
| Financial charges | 65/66B | €53 | €398 | +€346 | +658.8% |
| Recurring financial charges | 65 | €53 | €398 | +€346 | +658.8% |
| Profit (loss) for the period before taxes | 9903 | €49,839 | €100,457 | +€50,619 | +101.6% |
| Income taxes | 67/77 | €11,199 | €22,146 | +€10,947 | +97.8% |
| Profit (loss) for the period | 9904 | €38,640 | €78,311 | +€39,672 | +102.7% |
| Profit (loss) for the period to be appropriated | 9905 | €38,640 | €78,311 | +€39,672 | +102.7% |
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 2 October 2026 via checked.be.