MJ SERVICES: 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 SERVICES
Largest movements
- Receivables within one year +€17,648
up €17,648 (+47.2%), from €37,426 to €55,074
of which Trade receivables: +€17,292
- Tangible fixed assets -€10,217
down €10,217 (-51.0%), from €20,016 to €9,799
of which Furniture and vehicles: -€9,781
- Cash +€10,181
up €10,181 (+133.1%), from €7,650 to €17,831
mainly Net result for the year (+€29,667) and Other debts (+€26,714)
- Other debts +€26,714
up €26,714 (+89.0%), from €30,000 to €56,714
- Profit (loss) carried forward -€10,653
down €10,653 (-100.0%), from €10,658 to €5
- Current portion of long-term debt -€3,763
no longer reported in 2025 (was €3,763)
- Tax, wage and social debts +€2,700
up €2,700 (+33.8%), from €7,987 to €10,687
- Trade debts +€2,620
up €2,620 (+580.8%), from €451 to €3,071
- Gross operating margin +€4,825
up €4,825 (+10.3%), from €46,993 to €51,818
- Taxes +€596
up €596 (+7.4%), from €8,001 to €8,597
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 | €73,319 | €90,937 | +€17,617 | +24.0% |
| Fixed assets | 21/28 | €23,286 | €13,069 | -€10,217 | -43.9% |
| Tangible fixed assets | 22/27 | €20,016 | €9,799 | -€10,217 | -51.0% |
| Furniture and vehicles | 24 | €19,246 | €9,465 | -€9,781 | -50.8% |
| Other tangible fixed assets | 26 | €770 | €334 | -€436 | -56.6% |
| Financial fixed assets | 28 | €3,270 | €3,270 | = | 0.0% |
| Current assets | 29/58 | €50,033 | €77,868 | +€27,835 | +55.6% |
| Amounts receivable within one year | 40/41 | €37,426 | €55,074 | +€17,648 | +47.2% |
| Trade receivables | 40 | €8,662 | €25,955 | +€17,292 | +199.6% |
| Other amounts receivable | 41 | €28,764 | €29,120 | +€356 | +1.2% |
| Current investments | 50/53 | €4,758 | €4,758 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,650 | €17,831 | +€10,181 | +133.1% |
| Deferred charges and accrued income | 490/1 | €199 | €204 | +€5 | +2.5% |
| Total equity and liabilities | 10/49 | €73,319 | €90,937 | +€17,617 | +24.0% |
| Equity | 10/15 | €31,118 | €20,465 | -€10,653 | -34.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,658 | €5 | -€10,653 | -100.0% |
| Amounts payable | 17/49 | €42,201 | €70,472 | +€28,271 | +67.0% |
| Amounts payable within one year | 42/48 | €42,201 | €70,472 | +€28,271 | +67.0% |
| Current portion of amounts payable after more than one year | 42 | €3,763 | - | -€3,763 | |
| Trade debts | 44 | €451 | €3,071 | +€2,620 | +580.8% |
| Suppliers | 440/4 | €451 | €3,071 | +€2,620 | +580.8% |
| Taxes, remuneration and social security | 45 | €7,987 | €10,687 | +€2,700 | +33.8% |
| Taxes | 450/3 | €7,987 | €10,687 | +€2,700 | +33.8% |
| Other amounts payable | 47/48 | €30,000 | €56,714 | +€26,714 | +89.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,409 | €12,526 | +€116 | +0.9% |
| Other operating charges | 640/8 | €854 | €815 | -€39 | -4.6% |
| Gross operating margin | 9900 | €46,993 | €51,818 | +€4,825 | +10.3% |
| Operating profit (loss) | 9901 | €33,730 | €38,478 | +€4,748 | +14.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €218 | €213 | -€5 | -2.1% |
| Recurring financial charges | 65 | €218 | €213 | -€5 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €33,512 | €38,264 | +€4,752 | +14.2% |
| Income taxes | 67/77 | €8,001 | €8,597 | +€596 | +7.4% |
| Profit (loss) for the period | 9904 | €25,511 | €29,667 | +€4,156 | +16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,511 | €29,667 | +€4,156 | +16.3% |
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 7 October 2026 via checked.be.