MJ Thérapie: 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 Thérapie
Largest movements
- Current investments +€73,000
up €73,000 (+146%), from €50,000 to €123,000
- Tangible fixed assets +€45,538
up €45,538 (+1,061%), from €4,292 to €49,830
of which Furniture and vehicles: +€43,679
- Deferred charges and accrued income -€28,911
down €28,911 (-38.8%), from €74,580 to €45,669
- Cash +€26,303
up €26,303 (+69.1%), from €38,069 to €64,372
mainly Net result for the year (+€123,872) and Deferred charges and accrued income (+€28,911)
- Intangible fixed assets +€7,760
up €7,760 (+9.3%), from €83,322 to €91,082
- Reserves +€123,872
up €123,872 (+71.1%), from €174,330 to €298,202
- Debts after one year -€29,854
down €29,854 (-39.8%), from €74,996 to €45,143
of which Other amounts payable: -€61,353
- Other debts +€21,065
up €21,065 (+238%), from €8,853 to €29,918
- Current portion of long-term debt +€7,949
new in 2025: €7,949
- Gross operating margin +€72,638
up €72,638 (+65.5%), from €110,935 to €183,573
- Taxes +€15,627
up €15,627 (+73.6%), from €21,244 to €36,871
- Depreciation +€5,242
up €5,242 (+38.7%), from €13,548 to €18,790
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.
Derived cash bridge
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 | €261,519 | €385,210 | +€123,691 | +47.3% |
| Fixed assets | 21/28 | €87,614 | €140,912 | +€53,299 | +60.8% |
| Intangible fixed assets | 21 | €83,322 | €91,082 | +€7,760 | +9.3% |
| Tangible fixed assets | 22/27 | €4,292 | €49,830 | +€45,538 | +1,061% |
| Plant, machinery and equipment | 23 | €2,385 | €4,245 | +€1,860 | +78.0% |
| Furniture and vehicles | 24 | €1,907 | €45,586 | +€43,679 | +2,290% |
| Current assets | 29/58 | €173,905 | €244,297 | +€70,392 | +40.5% |
| Amounts receivable within one year | 40/41 | €11,256 | €11,256 | = | 0.0% |
| Other amounts receivable | 41 | €11,256 | €11,256 | = | 0.0% |
| Current investments | 50/53 | €50,000 | €123,000 | +€73,000 | +146% |
| Cash at bank and in hand | 54/58 | €38,069 | €64,372 | +€26,303 | +69.1% |
| Deferred charges and accrued income | 490/1 | €74,580 | €45,669 | -€28,911 | -38.8% |
| Total equity and liabilities | 10/49 | €261,519 | €385,210 | +€123,691 | +47.3% |
| Equity | 10/15 | €177,330 | €301,202 | +€123,872 | +69.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €174,330 | €298,202 | +€123,872 | +71.1% |
| Distributable reserves | 133 | €174,330 | €298,202 | +€123,872 | +71.1% |
| Amounts payable | 17/49 | €84,188 | €84,007 | -€181 | -0.2% |
| Amounts payable after more than one year | 17 | €74,996 | €45,143 | -€29,854 | -39.8% |
| Financial debts | 170/4 | - | €31,500 | +€31,500 | |
| Other amounts payable | 178/9 | €74,996 | €13,643 | -€61,353 | -81.8% |
| Amounts payable within one year | 42/48 | €9,192 | €38,865 | +€29,672 | +323% |
| Current portion of amounts payable after more than one year | 42 | - | €7,949 | +€7,949 | |
| Trade debts | 44 | €339 | €127 | -€213 | -62.6% |
| Suppliers | 440/4 | €339 | €127 | -€213 | -62.6% |
| Taxes, remuneration and social security | 45 | - | €871 | +€871 | |
| Taxes | 450/3 | - | €871 | +€871 | |
| Other amounts payable | 47/48 | €8,853 | €29,918 | +€21,065 | +238% |
| Non-recurring operating income | 76A | - | €3,698 | +€3,698 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,548 | €18,790 | +€5,242 | +38.7% |
| Other operating charges | 640/8 | €230 | €1,096 | +€866 | +376% |
| Gross operating margin | 9900 | €110,935 | €183,573 | +€72,638 | +65.5% |
| Operating profit (loss) | 9901 | €97,157 | €163,687 | +€66,530 | +68.5% |
| Financial income | 75/76B | - | €40 | +€40 | |
| Recurring financial income | 75 | - | €40 | +€40 | |
| Financial charges | 65/66B | €1,744 | €2,984 | +€1,239 | +71.0% |
| Recurring financial charges | 65 | €1,744 | €2,984 | +€1,239 | +71.0% |
| Profit (loss) for the period before taxes | 9903 | €95,413 | €160,744 | +€65,331 | +68.5% |
| Income taxes | 67/77 | €21,244 | €36,871 | +€15,627 | +73.6% |
| Profit (loss) for the period | 9904 | €74,168 | €123,872 | +€49,704 | +67.0% |
| Profit (loss) for the period to be appropriated | 9905 | €74,168 | €123,872 | +€49,704 | +67.0% |
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 26 October 2026 via checked.be.