MJ TECHNICS: 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 TECHNICS
Largest movements
- Receivables within one year +€29,658
up €29,658 (+131.8%), from €22,502 to €52,160
of which Trade receivables: +€36,165
- Tangible fixed assets -€27,178
down €27,178 (-54.3%), from €50,006 to €22,828
of which Furniture and vehicles: -€23,229
- Cash +€19,756
up €19,756 (+172.0%), from €11,484 to €31,240
mainly Net result for the year (+€23,613) and Depreciation (+€16,027)
- Stocks and contracts -€11,952
down €11,952 (-41.5%), from €28,817 to €16,866
- Profit (loss) carried forward +€23,613
up €23,613 (+29.4%), from -€80,347 to -€56,734
- Tax, wage and social debts -€20,241
down €20,241 (-67.0%), from €30,200 to €9,958
of which Taxes: -€18,329
- Other debts +€15,372
up €15,372 (+282.7%), from €5,438 to €20,810
- Current portion of long-term debt -€8,586
down €8,586 (-53.5%), from €16,064 to €7,478
- Debts after one year -€7,478
down €7,478 (-93.1%), from €8,031 to €553
- Staff costs -€72,562
down €72,562 (-86.4%), from €83,947 to €11,385
- Gross operating margin +€27,275
up €27,275 (+102.3%), from €26,672 to €53,948
- Depreciation -€1,248
down €1,248 (-7.2%), from €17,276 to €16,027
- Financial income +€1,166
up €1,166 (+1195.8%), from €98 to €1,264
- Financial charges -€1,036
down €1,036 (-44.6%), from €2,320 to €1,284
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 | €113,171 | €123,630 | +€10,459 | +9.2% |
| Fixed assets | 21/28 | €50,006 | €22,828 | -€27,178 | -54.3% |
| Tangible fixed assets | 22/27 | €50,006 | €22,828 | -€27,178 | -54.3% |
| Plant, machinery and equipment | 23 | €6,376 | €4,516 | -€1,859 | -29.2% |
| Furniture and vehicles | 24 | €39,456 | €16,227 | -€23,229 | -58.9% |
| Other tangible fixed assets | 26 | €4,175 | €2,085 | -€2,090 | -50.1% |
| Current assets | 29/58 | €63,164 | €100,802 | +€37,637 | +59.6% |
| Stocks and contracts in progress | 3 | €28,817 | €16,866 | -€11,952 | -41.5% |
| Stocks | 30/36 | €28,817 | €16,866 | -€11,952 | -41.5% |
| Amounts receivable within one year | 40/41 | €22,502 | €52,160 | +€29,658 | +131.8% |
| Trade receivables | 40 | €9,565 | €45,731 | +€36,165 | +378.1% |
| Other amounts receivable | 41 | €12,936 | €6,429 | -€6,507 | -50.3% |
| Cash at bank and in hand | 54/58 | €11,484 | €31,240 | +€19,756 | +172.0% |
| Deferred charges and accrued income | 490/1 | €361 | €536 | +€175 | +48.3% |
| Total equity and liabilities | 10/49 | €113,171 | €123,630 | +€10,459 | +9.2% |
| Equity | 10/15 | €45,305 | €68,917 | +€23,613 | +52.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €122,652 | €122,652 | = | 0.0% |
| Distributable reserves | 133 | €122,652 | €122,652 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,347 | -€56,734 | +€23,613 | +29.4% |
| Amounts payable | 17/49 | €67,866 | €54,712 | -€13,154 | -19.4% |
| Amounts payable after more than one year | 17 | €8,031 | €553 | -€7,478 | -93.1% |
| Financial debts | 170/4 | €8,031 | €553 | -€7,478 | -93.1% |
| Amounts payable within one year | 42/48 | €59,835 | €53,449 | -€6,386 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €16,064 | €7,478 | -€8,586 | -53.5% |
| Trade debts | 44 | €8,134 | €15,203 | +€7,069 | +86.9% |
| Suppliers | 440/4 | €8,134 | €15,203 | +€7,069 | +86.9% |
| Taxes, remuneration and social security | 45 | €30,200 | €9,958 | -€20,241 | -67.0% |
| Taxes | 450/3 | €24,791 | €6,462 | -€18,329 | -73.9% |
| Remuneration and social security | 454/9 | €5,409 | €3,496 | -€1,912 | -35.4% |
| Other amounts payable | 47/48 | €5,438 | €20,810 | +€15,372 | +282.7% |
| Accrued charges and deferred income | 492/3 | €0 | €710 | +€710 | |
| Remuneration, social security and pensions | 62 | €83,947 | €11,385 | -€72,562 | -86.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,276 | €16,027 | -€1,248 | -7.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €199 | €0 | -€199 | -100.0% |
| Other operating charges | 640/8 | €1,671 | €2,313 | +€642 | +38.4% |
| Non-recurring operating charges | 66A | €393 | €0 | -€393 | -100.0% |
| Gross operating margin | 9900 | €26,672 | €53,948 | +€27,275 | +102.3% |
| Operating profit (loss) | 9901 | -€76,813 | €24,223 | +€101,036 | |
| Financial income | 75/76B | €98 | €1,264 | +€1,166 | +1195.8% |
| Recurring financial income | 75 | €98 | €1,264 | +€1,166 | +1195.8% |
| Financial charges | 65/66B | €2,320 | €1,284 | -€1,036 | -44.6% |
| Recurring financial charges | 65 | €2,320 | €1,284 | -€1,036 | -44.6% |
| Profit (loss) for the period before taxes | 9903 | -€79,035 | €24,203 | +€103,238 | |
| Income taxes | 67/77 | €1,312 | €590 | -€722 | -55.0% |
| Profit (loss) for the period | 9904 | -€80,347 | €23,613 | +€103,960 | |
| Profit (loss) for the period to be appropriated | 9905 | -€80,347 | €23,613 | +€103,960 |
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 8 October 2026 via checked.be.