MJA CONSULT: 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.
MJA CONSULT
Largest movements
- Receivables within one year -€29,524
down €29,524 (-12.7%), from €232,463 to €202,940
of which Other amounts receivable: -€20,306
- Current investments +€11,306
new in 2025: €11,306
- Debts after one year -€47,719
down €47,719 (-24.6%), from €194,050 to €146,331
- Reserves +€26,811
up €26,811 (+11.7%), from €229,458 to €256,269
of which Distributable reserves: +€26,811
- Trade debts -€19,198
down €19,198 (-18.9%), from €101,584 to €82,387
- Tax, wage and social debts +€14,091
up €14,091 (+214%), from €6,571 to €20,661
- Depreciation +€4,819
up €4,819 (+18.0%), from €26,785 to €31,604
- Gross operating margin +€3,604
up €3,604 (+4.2%), from €85,851 to €89,455
- Taxes -€3,383
down €3,383 (-13.4%), from €25,239 to €21,857
- Other operating charges +€2,519
up €2,519 (+48.4%), from €5,202 to €7,721
- Financial income -€1,276
down €1,276 (-13.6%), from €9,367 to €8,090
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 | €601,567 | €579,136 | -€22,430 | -3.7% |
| Fixed assets | 21/28 | €367,206 | €363,936 | -€3,270 | -0.9% |
| Tangible fixed assets | 22/27 | €367,131 | €363,861 | -€3,270 | -0.9% |
| Land and buildings | 22 | €284,928 | €284,928 | = | 0.0% |
| Furniture and vehicles | 24 | €79,246 | €74,747 | -€4,499 | -5.7% |
| Other tangible fixed assets | 26 | €2,957 | €4,186 | +€1,229 | +41.6% |
| Financial fixed assets | 28 | €74 | €74 | = | 0.0% |
| Current assets | 29/58 | €234,361 | €215,201 | -€19,160 | -8.2% |
| Amounts receivable within one year | 40/41 | €232,463 | €202,940 | -€29,524 | -12.7% |
| Trade receivables | 40 | €70,821 | €61,603 | -€9,218 | -13.0% |
| Other amounts receivable | 41 | €161,642 | €141,337 | -€20,306 | -12.6% |
| Current investments | 50/53 | - | €11,306 | +€11,306 | |
| Cash at bank and in hand | 54/58 | €1,198 | €255 | -€942 | -78.7% |
| Deferred charges and accrued income | 490/1 | €700 | €700 | = | 0.0% |
| Total equity and liabilities | 10/49 | €601,567 | €579,136 | -€22,430 | -3.7% |
| Equity | 10/15 | €253,011 | €279,822 | +€26,811 | +10.6% |
| Contributions | 10/11 | €19,942 | €19,942 | = | 0.0% |
| Reserves | 13 | €229,458 | €256,269 | +€26,811 | +11.7% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €227,458 | €254,269 | +€26,811 | +11.8% |
| Profit (loss) carried forward | 14 | €3,611 | €3,611 | = | 0.0% |
| Amounts payable | 17/49 | €348,555 | €299,314 | -€49,241 | -14.1% |
| Amounts payable after more than one year | 17 | €194,050 | €146,331 | -€47,719 | -24.6% |
| Financial debts | 170/4 | €194,050 | €146,331 | -€47,719 | -24.6% |
| Amounts payable within one year | 42/48 | €154,505 | €152,983 | -€1,523 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €46,351 | €47,719 | +€1,368 | +3.0% |
| Financial debts | 43 | - | €2,216 | +€2,216 | |
| Credit institutions | 430/8 | - | €2,216 | +€2,216 | |
| Trade debts | 44 | €101,584 | €82,387 | -€19,198 | -18.9% |
| Suppliers | 440/4 | €101,584 | €82,387 | -€19,198 | -18.9% |
| Taxes, remuneration and social security | 45 | €6,571 | €20,661 | +€14,091 | +214% |
| Taxes | 450/3 | €6,571 | €20,661 | +€14,091 | +214% |
| Non-recurring operating income | 76A | €2,000 | - | -€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,785 | €31,604 | +€4,819 | +18.0% |
| Other operating charges | 640/8 | €5,202 | €7,721 | +€2,519 | +48.4% |
| Gross operating margin | 9900 | €85,851 | €89,455 | +€3,604 | +4.2% |
| Operating profit (loss) | 9901 | €53,864 | €50,130 | -€3,734 | -6.9% |
| Financial income | 75/76B | €9,367 | €8,090 | -€1,276 | -13.6% |
| Recurring financial income | 75 | €9,367 | €8,090 | -€1,276 | -13.6% |
| Financial charges | 65/66B | €10,418 | €9,553 | -€866 | -8.3% |
| Recurring financial charges | 65 | €10,418 | €9,553 | -€866 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €52,813 | €48,668 | -€4,145 | -7.8% |
| Income taxes | 67/77 | €25,239 | €21,857 | -€3,383 | -13.4% |
| Profit (loss) for the period | 9904 | €27,573 | €26,811 | -€762 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,573 | €26,811 | -€762 | -2.8% |
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 18 October 2026 via checked.be.