MJ-TECH: 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-TECH
Largest movements
- Receivables within one year -€12,618
down €12,618 (-92.4%), from €13,661 to €1,043
of which Trade receivables: -€10,758
- Deferred charges and accrued income -€1,057
down €1,057 (-85.2%), from €1,240 to €183
- Cash -€1,003
down €1,003 (-20.8%), from €4,820 to €3,817
mainly Other debts (-€7,485) and Net result for the year (-€4,541)
- Other debts -€7,485
down €7,485 (-52.1%), from €14,359 to €6,874
- Profit (loss) carried forward -€4,541
down €4,541 (-113.5%), from -€4,002 to -€8,543
- Trade debts -€2,838
down €2,838 (-80.2%), from €3,538 to €700
- Gross operating margin +€1,045
up €1,045 (+29.1%), from -€3,592 to -€2,547
- Financial income -€207
down €207 (-34.1%), from €607 to €400
- Depreciation +€163
up €163 (+12.7%), from €1,286 to €1,449
- Taxes +€67
new in 2025: €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 | €22,011 | €7,304 | -€14,707 | -66.8% |
| Fixed assets | 21/28 | €2,290 | €2,261 | -€29 | -1.3% |
| Tangible fixed assets | 22/27 | €2,290 | €2,261 | -€29 | -1.3% |
| Furniture and vehicles | 24 | €2,290 | €2,261 | -€29 | -1.3% |
| Current assets | 29/58 | €19,721 | €5,043 | -€14,678 | -74.4% |
| Amounts receivable within one year | 40/41 | €13,661 | €1,043 | -€12,618 | -92.4% |
| Trade receivables | 40 | €11,524 | €766 | -€10,758 | -93.4% |
| Other amounts receivable | 41 | €2,137 | €277 | -€1,860 | -87.0% |
| Cash at bank and in hand | 54/58 | €4,820 | €3,817 | -€1,003 | -20.8% |
| Deferred charges and accrued income | 490/1 | €1,240 | €183 | -€1,057 | -85.2% |
| Total equity and liabilities | 10/49 | €22,011 | €7,304 | -€14,707 | -66.8% |
| Equity | 10/15 | €2,268 | -€2,273 | -€4,541 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €70 | €70 | = | 0.0% |
| Non-distributable reserves | 130/1 | €70 | €70 | = | 0.0% |
| Reserves not available under the articles | 1311 | €70 | €70 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,002 | -€8,543 | -€4,541 | -113.5% |
| Amounts payable | 17/49 | €19,743 | €9,577 | -€10,166 | -51.5% |
| Amounts payable within one year | 42/48 | €19,743 | €9,427 | -€10,316 | -52.3% |
| Trade debts | 44 | €3,538 | €700 | -€2,838 | -80.2% |
| Suppliers | 440/4 | €3,538 | €700 | -€2,838 | -80.2% |
| Taxes, remuneration and social security | 45 | €1,846 | €1,853 | +€7 | +0.4% |
| Remuneration and social security | 454/9 | €1,846 | €1,853 | +€7 | +0.4% |
| Other amounts payable | 47/48 | €14,359 | €6,874 | -€7,485 | -52.1% |
| Accrued charges and deferred income | 492/3 | - | €150 | +€150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,286 | €1,449 | +€163 | +12.7% |
| Other operating charges | 640/8 | €683 | €676 | -€7 | -1.0% |
| Gross operating margin | 9900 | -€3,592 | -€2,547 | +€1,045 | +29.1% |
| Operating profit (loss) | 9901 | -€5,561 | -€4,672 | +€889 | +16.0% |
| Financial income | 75/76B | €607 | €400 | -€207 | -34.1% |
| Recurring financial income | 75 | €607 | €400 | -€207 | -34.1% |
| Financial charges | 65/66B | €178 | €202 | +€24 | +13.5% |
| Recurring financial charges | 65 | €178 | €202 | +€24 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,132 | -€4,474 | +€658 | +12.8% |
| Income taxes | 67/77 | - | €67 | +€67 | |
| Profit (loss) for the period | 9904 | -€5,132 | -€4,541 | +€591 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,132 | -€4,541 | +€591 | +11.5% |
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 10 October 2026 via checked.be.