MJDN: 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.
MJDN
Largest movements
- Cash -€5,649
down €5,649 (-99.7%), from €5,664 to €14
mainly Other debts (-€8,915) and Receivables within one year (-€4,332)
- Receivables within one year +€4,332
up €4,332 (+749.8%), from €578 to €4,910
of which Trade receivables: +€3,960
- Tangible fixed assets -€3,316
down €3,316 (-33.0%), from €10,060 to €6,744
- Deferred charges and accrued income -€492
down €492 (-58.0%), from €850 to €357
- Financial fixed assets +€225
new in 2025: €225
- Other debts -€8,915
down €8,915 (-89.3%), from €9,987 to €1,073
- Profit (loss) carried forward +€2,465
up €2,465 (+27.4%), from -€8,993 to -€6,529
- Trade debts +€1,008
up €1,008 (+61.0%), from €1,652 to €2,660
- Tax, wage and social debts +€541
up €541 (+8.3%), from €6,506 to €7,047
- Gross operating margin -€4,250
down €4,250 (-26.6%), from €15,960 to €11,710
- Depreciation +€2,164
up €2,164 (+98.9%), from €2,189 to €4,353
- Taxes -€1,799
down €1,799 (-40.6%), from €4,426 to €2,627
- Other operating charges +€883
up €883 (+67.4%), from €1,311 to €2,193
- Financial charges -€228
down €228 (-76.3%), from €299 to €71
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.
Cash bridge derived
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 | €17,152 | €12,251 | -€4,901 | -28.6% |
| Fixed assets | 21/28 | €10,060 | €6,969 | -€3,091 | -30.7% |
| Tangible fixed assets | 22/27 | €10,060 | €6,744 | -€3,316 | -33.0% |
| Furniture and vehicles | 24 | €10,060 | €6,744 | -€3,316 | -33.0% |
| Financial fixed assets | 28 | - | €225 | +€225 | |
| Current assets | 29/58 | €7,091 | €5,282 | -€1,810 | -25.5% |
| Amounts receivable within one year | 40/41 | €578 | €4,910 | +€4,332 | +749.8% |
| Trade receivables | 40 | €578 | €4,538 | +€3,960 | +685.3% |
| Other amounts receivable | 41 | - | €373 | +€373 | |
| Cash at bank and in hand | 54/58 | €5,664 | €14 | -€5,649 | -99.7% |
| Deferred charges and accrued income | 490/1 | €850 | €357 | -€492 | -58.0% |
| Total equity and liabilities | 10/49 | €17,152 | €12,251 | -€4,901 | -28.6% |
| Equity | 10/15 | -€993 | €1,471 | +€2,465 | |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,993 | -€6,529 | +€2,465 | +27.4% |
| Amounts payable | 17/49 | €18,145 | €10,779 | -€7,366 | -40.6% |
| Amounts payable within one year | 42/48 | €18,145 | €10,779 | -€7,366 | -40.6% |
| Trade debts | 44 | €1,652 | €2,660 | +€1,008 | +61.0% |
| Suppliers | 440/4 | €1,652 | €2,660 | +€1,008 | +61.0% |
| Taxes, remuneration and social security | 45 | €6,506 | €7,047 | +€541 | +8.3% |
| Taxes | 450/3 | €6,506 | €7,047 | +€541 | +8.3% |
| Other amounts payable | 47/48 | €9,987 | €1,073 | -€8,915 | -89.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,189 | €4,353 | +€2,164 | +98.9% |
| Other operating charges | 640/8 | €1,311 | €2,193 | +€883 | +67.4% |
| Gross operating margin | 9900 | €15,960 | €11,710 | -€4,250 | -26.6% |
| Operating profit (loss) | 9901 | €12,460 | €5,163 | -€7,297 | -58.6% |
| Financial charges | 65/66B | €299 | €71 | -€228 | -76.3% |
| Recurring financial charges | 65 | €299 | €71 | -€228 | -76.3% |
| Profit (loss) for the period before taxes | 9903 | €12,161 | €5,092 | -€7,069 | -58.1% |
| Income taxes | 67/77 | €4,426 | €2,627 | -€1,799 | -40.6% |
| Profit (loss) for the period | 9904 | €7,735 | €2,465 | -€5,270 | -68.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,735 | €2,465 | -€5,270 | -68.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.