MJD Consulting: 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.
MJD Consulting
Largest movements
- Current investments +€248,891
up €248,891 (+49.9%), from €498,419 to €747,311
- Cash -€100,839
down €100,839 (-38.6%), from €261,365 to €160,525
mainly Current investments (-€248,891) and Investment in fixed assets (net) (-€2,280)
- Reserves +€140,596
up €140,596 (+18.0%), from €781,381 to €921,977
- Gross operating margin +€13,478
up €13,478 (+8.0%), from €168,955 to €182,434
- Financial income +€12,838
up €12,838 (+56.3%), from €22,802 to €35,640
- Financial charges +€10,861
up €10,861 (+344%), from €3,154 to €14,015
- Taxes +€3,542
up €3,542 (+6.2%), from €57,362 to €60,904
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 | €844,942 | €994,729 | +€149,787 | +17.7% |
| Fixed assets | 21/28 | €38,769 | €39,268 | +€498 | +1.3% |
| Tangible fixed assets | 22/27 | €38,769 | €39,268 | +€498 | +1.3% |
| Land and buildings | 22 | €38,225 | €37,384 | -€841 | -2.2% |
| Plant, machinery and equipment | 23 | €544 | €1,884 | +€1,339 | +246% |
| Current assets | 29/58 | €806,172 | €955,461 | +€149,289 | +18.5% |
| Amounts receivable within one year | 40/41 | €46,388 | €47,626 | +€1,238 | +2.7% |
| Trade receivables | 40 | €46,388 | €47,626 | +€1,238 | +2.7% |
| Current investments | 50/53 | €498,419 | €747,311 | +€248,891 | +49.9% |
| Cash at bank and in hand | 54/58 | €261,365 | €160,525 | -€100,839 | -38.6% |
| Total equity and liabilities | 10/49 | €844,942 | €994,729 | +€149,787 | +17.7% |
| Equity | 10/15 | €804,005 | €944,602 | +€140,596 | +17.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €781,381 | €921,977 | +€140,596 | +18.0% |
| Distributable reserves | 133 | €781,381 | €921,977 | +€140,596 | +18.0% |
| Profit (loss) carried forward | 14 | €4,075 | €4,075 | = | 0.0% |
| Amounts payable | 17/49 | €40,936 | €50,127 | +€9,191 | +22.5% |
| Amounts payable within one year | 42/48 | €39,011 | €48,226 | +€9,215 | +23.6% |
| Trade debts | 44 | €299 | €1,580 | +€1,281 | +429% |
| Suppliers | 440/4 | €299 | €1,580 | +€1,281 | +429% |
| Taxes, remuneration and social security | 45 | €14,339 | €17,650 | +€3,310 | +23.1% |
| Taxes | 450/3 | €14,339 | €17,650 | +€3,310 | +23.1% |
| Other amounts payable | 47/48 | €24,373 | €28,997 | +€4,623 | +19.0% |
| Accrued charges and deferred income | 492/3 | €1,925 | €1,901 | -€24 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,070 | €1,782 | -€1,288 | -42.0% |
| Other operating charges | 640/8 | €397 | €777 | +€380 | +95.6% |
| Gross operating margin | 9900 | €168,955 | €182,434 | +€13,478 | +8.0% |
| Operating profit (loss) | 9901 | €165,489 | €179,875 | +€14,387 | +8.7% |
| Financial income | 75/76B | €22,802 | €35,640 | +€12,838 | +56.3% |
| Recurring financial income | 75 | €22,802 | €35,640 | +€12,838 | +56.3% |
| Financial charges | 65/66B | €3,154 | €14,015 | +€10,861 | +344% |
| Recurring financial charges | 65 | €3,154 | €14,015 | +€10,861 | +344% |
| Profit (loss) for the period before taxes | 9903 | €185,137 | €201,501 | +€16,363 | +8.8% |
| Income taxes | 67/77 | €57,362 | €60,904 | +€3,542 | +6.2% |
| Profit (loss) for the period | 9904 | €127,775 | €140,596 | +€12,821 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €127,775 | €140,596 | +€12,821 | +10.0% |
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 16 October 2026 via checked.be.