MJD Rénovation: 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 Rénovation
Largest movements
- Cash +€3,434
up €3,434 (+156%), from €2,201 to €5,635
mainly Net result for the year (+€9,215) and Tax, wage and social debts (+€3,411)
- Receivables within one year -€3,337
down €3,337 (-55.8%), from €5,980 to €2,643
of which Other amounts receivable: -€3,337
- Receivables after one year +€2,645
new in 2025: €2,645
- Debts after one year -€4,760
no longer reported in 2025 (was €4,760)
- Profit (loss) carried forward +€4,715
up €4,715, from -€4,601 to €114
- Tax, wage and social debts +€3,411
new in 2025: €3,411
- Current portion of long-term debt -€854
down €854 (-15.2%), from €5,614 to €4,760
- Trade debts +€251
up €251 (+35.9%), from €697 to €948
- Depreciation -€6,857
no longer reported in 2025 (was €6,857)
- Taxes +€2,736
new in 2025: €2,736
- Gross operating margin -€1,193
down €1,193 (-8.8%), from €13,629 to €12,436
- Other operating charges -€395
down €395 (-49.7%), from €795 to €400
- Financial charges -€156
down €156 (-38.8%), from €401 to €245
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 | €8,471 | €11,233 | +€2,762 | +32.6% |
| Current assets | 29/58 | €8,471 | €11,233 | +€2,762 | +32.6% |
| Amounts receivable after more than one year | 29 | - | €2,645 | +€2,645 | |
| Other amounts receivable | 291 | - | €2,645 | +€2,645 | |
| Amounts receivable within one year | 40/41 | €5,980 | €2,643 | -€3,337 | -55.8% |
| Trade receivables | 40 | €2,528 | €2,528 | = | 0.0% |
| Other amounts receivable | 41 | €3,453 | €115 | -€3,337 | -96.7% |
| Cash at bank and in hand | 54/58 | €2,201 | €5,635 | +€3,434 | +156% |
| Deferred charges and accrued income | 490/1 | €290 | €310 | +€20 | +7.0% |
| Total equity and liabilities | 10/49 | €8,471 | €11,233 | +€2,762 | +32.6% |
| Equity | 10/15 | -€2,601 | €2,114 | +€4,715 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,601 | €114 | +€4,715 | |
| Amounts payable | 17/49 | €11,072 | €9,119 | -€1,953 | -17.6% |
| Amounts payable after more than one year | 17 | €4,760 | - | -€4,760 | |
| Financial debts | 170/4 | €4,760 | - | -€4,760 | |
| Amounts payable within one year | 42/48 | €6,311 | €9,119 | +€2,808 | +44.5% |
| Current portion of amounts payable after more than one year | 42 | €5,614 | €4,760 | -€854 | -15.2% |
| Trade debts | 44 | €697 | €948 | +€251 | +35.9% |
| Suppliers | 440/4 | €697 | €948 | +€251 | +35.9% |
| Taxes, remuneration and social security | 45 | - | €3,411 | +€3,411 | |
| Taxes | 450/3 | - | €3,411 | +€3,411 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,857 | - | -€6,857 | |
| Other operating charges | 640/8 | €795 | €400 | -€395 | -49.7% |
| Gross operating margin | 9900 | €13,629 | €12,436 | -€1,193 | -8.8% |
| Operating profit (loss) | 9901 | €5,978 | €12,036 | +€6,059 | +101% |
| Financial income | 75/76B | €60 | €160 | +€100 | +166% |
| Recurring financial income | 75 | €60 | €160 | +€100 | +166% |
| Financial charges | 65/66B | €401 | €245 | -€156 | -38.8% |
| Recurring financial charges | 65 | €401 | €245 | -€156 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | €5,637 | €11,951 | +€6,314 | +112% |
| Income taxes | 67/77 | - | €2,736 | +€2,736 | |
| Profit (loss) for the period | 9904 | €5,637 | €9,215 | +€3,578 | +63.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,637 | €9,215 | +€3,578 | +63.5% |
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 23 October 2026 via checked.be.