MJAY: 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.
MJAY
Largest movements
- Receivables within one year +€4,000
up €4,000 (+23.8%), from €16,780 to €20,780
- Cash +€1,299
up €1,299 (+119%), from €1,089 to €2,388
mainly Net result for the year (+€6,376) and Other debts (+€1,812)
- Reserves +€3,492
new in 2025: €3,492
- Profit (loss) carried forward +€2,884
no longer reported in 2025 (was -€2,884)
- Tax, wage and social debts -€2,092
down €2,092 (-31.9%), from €6,556 to €4,464
of which Remuneration and social security: -€2,981
- Other debts +€1,812
up €1,812 (+21.6%), from €8,400 to €10,212
- Trade debts -€797
no longer reported in 2025 (was €797)
- Gross operating margin +€11,244
up €11,244, from -€1,766 to €9,478
- Financial charges +€1,204
up €1,204 (+139%), from €864 to €2,068
- Taxes +€878
new in 2025: €878
- Other operating charges -€98
down €98 (-38.6%), from €254 to €156
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 | €17,869 | €23,168 | +€5,299 | +29.7% |
| Current assets | 29/58 | €17,869 | €23,168 | +€5,299 | +29.7% |
| Amounts receivable within one year | 40/41 | €16,780 | €20,780 | +€4,000 | +23.8% |
| Trade receivables | 40 | €16,780 | €20,780 | +€4,000 | +23.8% |
| Cash at bank and in hand | 54/58 | €1,089 | €2,388 | +€1,299 | +119% |
| Total equity and liabilities | 10/49 | €17,869 | €23,168 | +€5,299 | +29.7% |
| Equity | 10/15 | €2,116 | €8,492 | +€6,376 | +301% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €3,492 | +€3,492 | |
| Distributable reserves | 133 | - | €3,492 | +€3,492 | |
| Profit (loss) carried forward | 14 | -€2,884 | - | +€2,884 | |
| Amounts payable | 17/49 | €15,753 | €14,676 | -€1,077 | -6.8% |
| Amounts payable within one year | 42/48 | €15,753 | €14,676 | -€1,077 | -6.8% |
| Trade debts | 44 | €797 | - | -€797 | |
| Suppliers | 440/4 | €797 | - | -€797 | |
| Taxes, remuneration and social security | 45 | €6,556 | €4,464 | -€2,092 | -31.9% |
| Taxes | 450/3 | €3,575 | €4,464 | +€889 | +24.9% |
| Remuneration and social security | 454/9 | €2,981 | - | -€2,981 | |
| Other amounts payable | 47/48 | €8,400 | €10,212 | +€1,812 | +21.6% |
| Other operating charges | 640/8 | €254 | €156 | -€98 | -38.6% |
| Gross operating margin | 9900 | -€1,766 | €9,478 | +€11,244 | |
| Operating profit (loss) | 9901 | -€2,020 | €9,322 | +€11,342 | |
| Financial charges | 65/66B | €864 | €2,068 | +€1,204 | +139% |
| Recurring financial charges | 65 | €864 | €2,068 | +€1,204 | +139% |
| Profit (loss) for the period before taxes | 9903 | -€2,884 | €7,254 | +€10,138 | |
| Income taxes | 67/77 | - | €878 | +€878 | |
| Profit (loss) for the period | 9904 | -€2,884 | €6,376 | +€9,260 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,884 | €6,376 | +€9,260 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.