MJ-TEK: 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-TEK
Largest movements
- Tangible fixed assets +€10,142
up €10,142 (+132.6%), from €7,650 to €17,792
of which Plant, machinery and equipment: +€9,190
- Cash -€1,345
down €1,345 (-23.2%), from €5,792 to €4,447
mainly Investment in fixed assets (net) (-€12,522) and Other debts (-€3,382)
- Receivables within one year +€676
up €676 (+6.8%), from €9,928 to €10,604
- Deferred charges and accrued income +€505
up €505 (+23.9%), from €2,116 to €2,621
- Reserves +€9,787
up €9,787 (+111.5%), from €8,781 to €18,568
- Other debts -€3,382
down €3,382 (-38.9%), from €8,696 to €5,314
- Tax, wage and social debts +€2,870
up €2,870 (+66.4%), from €4,324 to €7,194
- Trade debts +€703
up €703 (+102.6%), from €685 to €1,388
- Gross operating margin +€3,328
up €3,328 (+24.5%), from €13,590 to €16,918
- Depreciation +€1,381
up €1,381 (+138.0%), from €1,000 to €2,381
- Taxes +€560
up €560 (+24.4%), from €2,295 to €2,855
- Financial charges +€367
up €367 (+38.9%), from €945 to €1,312
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 | €25,486 | €35,464 | +€9,978 | +39.2% |
| Fixed assets | 21/28 | €7,650 | €17,792 | +€10,142 | +132.6% |
| Tangible fixed assets | 22/27 | €7,650 | €17,792 | +€10,142 | +132.6% |
| Plant, machinery and equipment | 23 | €1,327 | €10,517 | +€9,190 | +692.8% |
| Furniture and vehicles | 24 | €6,323 | €7,275 | +€951 | +15.0% |
| Current assets | 29/58 | €17,836 | €17,672 | -€164 | -0.9% |
| Amounts receivable within one year | 40/41 | €9,928 | €10,604 | +€676 | +6.8% |
| Trade receivables | 40 | €9,928 | €10,604 | +€676 | +6.8% |
| Cash at bank and in hand | 54/58 | €5,792 | €4,447 | -€1,345 | -23.2% |
| Deferred charges and accrued income | 490/1 | €2,116 | €2,621 | +€505 | +23.9% |
| Total equity and liabilities | 10/49 | €25,486 | €35,464 | +€9,978 | +39.2% |
| Equity | 10/15 | €11,781 | €21,568 | +€9,787 | +83.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €8,781 | €18,568 | +€9,787 | +111.5% |
| Distributable reserves | 133 | €8,781 | €18,568 | +€9,787 | +111.5% |
| Amounts payable | 17/49 | €13,705 | €13,897 | +€191 | +1.4% |
| Amounts payable within one year | 42/48 | €13,705 | €13,897 | +€191 | +1.4% |
| Trade debts | 44 | €685 | €1,388 | +€703 | +102.6% |
| Suppliers | 440/4 | €685 | €1,388 | +€703 | +102.6% |
| Taxes, remuneration and social security | 45 | €4,324 | €7,194 | +€2,870 | +66.4% |
| Taxes | 450/3 | €4,324 | €7,194 | +€2,870 | +66.4% |
| Other amounts payable | 47/48 | €8,696 | €5,314 | -€3,382 | -38.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,000 | €2,381 | +€1,381 | +138.0% |
| Other operating charges | 640/8 | €569 | €584 | +€15 | +2.6% |
| Gross operating margin | 9900 | €13,590 | €16,918 | +€3,328 | +24.5% |
| Operating profit (loss) | 9901 | €12,021 | €13,953 | +€1,933 | +16.1% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €945 | €1,312 | +€367 | +38.9% |
| Recurring financial charges | 65 | €945 | €1,312 | +€367 | +38.9% |
| Profit (loss) for the period before taxes | 9903 | €11,076 | €12,642 | +€1,566 | +14.1% |
| Income taxes | 67/77 | €2,295 | €2,855 | +€560 | +24.4% |
| Profit (loss) for the period | 9904 | €8,781 | €9,787 | +€1,006 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,781 | €9,787 | +€1,006 | +11.5% |
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 4 October 2026 via checked.be.