MJC ENERGY: 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.
MJC ENERGY
Largest movements
- Receivables within one year -€24,673
down €24,673 (-31.9%), from €77,262 to €52,589
of which Trade receivables: -€25,607
- Cash +€11,284
up €11,284 (+524%), from €2,155 to €13,438
mainly Receivables within one year (+€24,673) and Depreciation (+€4,653)
- Tangible fixed assets +€3,322
up €3,322 (+54.7%), from €6,072 to €9,395
of which Plant, machinery and equipment: +€2,598
- Stocks and contracts +€2,883
up €2,883 (+80.4%), from €3,587 to €6,471
- Tax, wage and social debts -€6,871
down €6,871 (-30.8%), from €22,278 to €15,407
of which Taxes: -€3,503
- Trade debts -€2,110
down €2,110 (-41.0%), from €5,152 to €3,041
- Profit (loss) carried forward +€1,739
up €1,739 (+82.6%), from -€2,104 to -€365
- Gross operating margin -€8,628
down €8,628 (-34.3%), from €25,190 to €16,562
- Depreciation -€6,556
down €6,556 (-58.5%), from €11,210 to €4,653
- Write-downs +€5,297
up €5,297 (+852%), from €622 to €5,919
- Financial charges +€1,213
up €1,213 (+1,135%), from €107 to €1,320
- Taxes +€753
up €753 (+57.3%), from €1,313 to €2,066
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 | €90,498 | €82,660 | -€7,839 | -8.7% |
| Formation expenses | 20 | €622 | - | -€622 | |
| Fixed assets | 21/28 | €6,254 | €9,576 | +€3,322 | +53.1% |
| Tangible fixed assets | 22/27 | €6,072 | €9,395 | +€3,322 | +54.7% |
| Plant, machinery and equipment | 23 | €1,114 | €3,713 | +€2,598 | +233% |
| Furniture and vehicles | 24 | €4,958 | €5,682 | +€724 | +14.6% |
| Financial fixed assets | 28 | €182 | €182 | = | 0.0% |
| Current assets | 29/58 | €83,622 | €73,084 | -€10,539 | -12.6% |
| Stocks and contracts in progress | 3 | €3,587 | €6,471 | +€2,883 | +80.4% |
| Stocks | 30/36 | €3,587 | €6,471 | +€2,883 | +80.4% |
| Amounts receivable within one year | 40/41 | €77,262 | €52,589 | -€24,673 | -31.9% |
| Trade receivables | 40 | €77,262 | €51,655 | -€25,607 | -33.1% |
| Other amounts receivable | 41 | - | €934 | +€934 | |
| Cash at bank and in hand | 54/58 | €2,155 | €13,438 | +€11,284 | +524% |
| Deferred charges and accrued income | 490/1 | €618 | €586 | -€32 | -5.3% |
| Total equity and liabilities | 10/49 | €90,498 | €82,660 | -€7,839 | -8.7% |
| Equity | 10/15 | €17,896 | €19,635 | +€1,739 | +9.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,104 | -€365 | +€1,739 | +82.6% |
| Amounts payable | 17/49 | €72,603 | €63,025 | -€9,578 | -13.2% |
| Amounts payable within one year | 42/48 | €72,603 | €63,025 | -€9,578 | -13.2% |
| Trade debts | 44 | €5,152 | €3,041 | -€2,110 | -41.0% |
| Suppliers | 440/4 | €5,152 | €3,041 | -€2,110 | -41.0% |
| Taxes, remuneration and social security | 45 | €22,278 | €15,407 | -€6,871 | -30.8% |
| Taxes | 450/3 | €18,910 | €15,407 | -€3,503 | -18.5% |
| Remuneration and social security | 454/9 | €3,368 | - | -€3,368 | |
| Other amounts payable | 47/48 | €45,172 | €44,576 | -€596 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,210 | €4,653 | -€6,556 | -58.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €622 | €5,919 | +€5,297 | +852% |
| Other operating charges | 640/8 | €862 | €882 | +€19 | +2.2% |
| Gross operating margin | 9900 | €25,190 | €16,562 | -€8,628 | -34.3% |
| Operating profit (loss) | 9901 | €12,496 | €5,108 | -€7,388 | -59.1% |
| Financial income | 75/76B | €5 | €17 | +€12 | +250% |
| Recurring financial income | 75 | €5 | €17 | +€12 | +250% |
| Financial charges | 65/66B | €107 | €1,320 | +€1,213 | +1,135% |
| Recurring financial charges | 65 | €107 | €1,320 | +€1,213 | +1,135% |
| Profit (loss) for the period before taxes | 9903 | €12,394 | €3,805 | -€8,589 | -69.3% |
| Income taxes | 67/77 | €1,313 | €2,066 | +€753 | +57.3% |
| Profit (loss) for the period | 9904 | €11,081 | €1,739 | -€9,342 | -84.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,081 | €1,739 | -€9,342 | -84.3% |
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 27 October 2026 via checked.be.