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MJ TECK: 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.

What changed

MJ TECK

BE 0664.642.218
NACE 43.211, General electrical installation work
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€4,924
2024 · €3,344+€1,581
Equity
€9,740
2024 · €4,815+€4,924
Cash
€3,553
2024 · €6,660-€3,107
Balance sheet total
€10,573
2024 · €7,837+€2,736

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€6,546

    up €6,546 (+13,091%), from €50 to €6,596

    of which Other amounts receivable: +€6,596

  • Cash -€3,107

    down €3,107 (-46.6%), from €6,660 to €3,553

    mainly Receivables within one year (-€6,546) and Trade debts (-€1,524)

  • Deferred charges and accrued income -€703

    no longer reported in 2025 (was €703)

Equity and liabilities
  • Profit (loss) carried forward +€4,924

    up €4,924 (+51.9%), from -€9,485 to -€4,560

  • Trade debts -€1,524

    down €1,524 (-76.5%), from €1,992 to €467

  • Tax, wage and social debts -€377

    down €377 (-50.8%), from €744 to €366

  • Other debts -€286

    no longer reported in 2025 (was €286)

Income statement
  • Turnover -€4,161

    down €4,161 (-11.3%), from €36,828 to €32,667

  • Purchases and services -€3,550

    down €3,550 (-10.2%), from €34,750 to €31,201

  • Gross operating margin +€1,633

    up €1,633 (+38.9%), from €4,201 to €5,834

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €3,344
Gross operating margin +€1,633
Other operating charges +€100
Financial income +€1
Financial charges +€1
Taxes -€153
Result 2025 €4,924
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations -€3,107
Investment €0
Financing €0
Cash 2024 €6,660
Net result for the year +€4,924
Receivables within one year -€6,546
Deferred charges and accrued income +€703
Trade debts -€1,524
Tax, wage and social debts -€377
Other debts -€286
Cash 2025 €3,553
brings cash intakes cash out
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €7,837 €10,573 +€2,736 +34.9%
Current assets 29/58 €7,837 €10,573 +€2,736 +34.9%
Stocks and contracts in progress 3 €424 €424 = 0.0%
Stocks 30/36 €424 €424 = 0.0%
Amounts receivable within one year 40/41 €50 €6,596 +€6,546 +13,091%
Trade receivables 40 €50 - -€50
Other amounts receivable 41 - €6,596 +€6,596
Cash at bank and in hand 54/58 €6,660 €3,553 -€3,107 -46.6%
Deferred charges and accrued income 490/1 €703 - -€703
Total equity and liabilities 10/49 €7,837 €10,573 +€2,736 +34.9%
Equity 10/15 €4,815 €9,740 +€4,924 +102%
Contributions 10/11 €14,300 €14,300 = 0.0%
Profit (loss) carried forward 14 -€9,485 -€4,560 +€4,924 +51.9%
Amounts payable 17/49 €3,021 €833 -€2,188 -72.4%
Amounts payable within one year 42/48 €3,021 €833 -€2,188 -72.4%
Trade debts 44 €1,992 €467 -€1,524 -76.5%
Suppliers 440/4 €1,992 €467 -€1,524 -76.5%
Taxes, remuneration and social security 45 €744 €366 -€377 -50.8%
Taxes 450/3 €744 €366 -€377 -50.8%
Other amounts payable 47/48 €286 - -€286
Turnover 70 €36,828 €32,667 -€4,161 -11.3%
Goods, raw materials, services and sundry goods 60/61 €34,750 €31,201 -€3,550 -10.2%
Other operating charges 640/8 €582 €482 -€100 -17.2%
Gross operating margin 9900 €4,201 €5,834 +€1,633 +38.9%
Operating profit (loss) 9901 €3,619 €5,352 +€1,733 +47.9%
Financial income 75/76B - €1 +€1
Recurring financial income 75 - €1 +€1
Financial charges 65/66B €103 €102 -€1 -0.6%
Recurring financial charges 65 €103 €102 -€1 -0.6%
Profit (loss) for the period before taxes 9903 €3,516 €5,250 +€1,734 +49.3%
Income taxes 67/77 €173 €326 +€153 +88.8%
Profit (loss) for the period 9904 €3,344 €4,924 +€1,581 +47.3%
Profit (loss) for the period to be appropriated 9905 €3,344 €4,924 +€1,581 +47.3%

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 14 October 2026 via checked.be.