MJJ ART: 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.
MJJ ART
Largest movements
- Deferred charges and accrued income -€380,054
down €380,054 (-98.3%), from €386,813 to €6,759
- Tangible fixed assets -€226,886
down €226,886 (-2.9%), from €7.9m to €7.7m
of which Land and buildings: -€520,773
- Receivables within one year -€123,897
down €123,897 (-21.5%), from €575,799 to €451,902
of which Trade receivables: -€225,103
- Debts after one year -€583,297
down €583,297 (-15.0%), from €3.9m to €3.3m
- Profit (loss) carried forward -€183,399
down €183,399, from €25,238 to -€158,161
No income-statement line moved by more than 1% of the activity.
From the 2023 result to the 2024 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,153,686 | €8,344,659 | -€809,027 | -8.8% |
| Fixed assets | 21/28 | €7,957,377 | €7,730,491 | -€226,886 | -2.9% |
| Tangible fixed assets | 22/27 | €7,877,377 | €7,650,491 | -€226,886 | -2.9% |
| Land and buildings | 22 | €7,304,772 | €6,783,999 | -€520,773 | -7.1% |
| Plant, machinery and equipment | 23 | - | €36,977 | +€36,977 | |
| Furniture and vehicles | 24 | €572,605 | €829,515 | +€256,910 | +44.9% |
| Financial fixed assets | 28 | €80,000 | €80,000 | = | 0.0% |
| Current assets | 29/58 | €1,196,308 | €614,168 | -€582,141 | -48.7% |
| Amounts receivable within one year | 40/41 | €575,799 | €451,902 | -€123,897 | -21.5% |
| Trade receivables | 40 | €362,822 | €137,720 | -€225,103 | -62.0% |
| Other amounts receivable | 41 | €212,977 | €314,182 | +€101,205 | +47.5% |
| Cash at bank and in hand | 54/58 | €233,696 | €155,507 | -€78,189 | -33.5% |
| Deferred charges and accrued income | 490/1 | €386,813 | €6,759 | -€380,054 | -98.3% |
| Total equity and liabilities | 10/49 | €9,153,686 | €8,344,659 | -€809,027 | -8.8% |
| Equity | 10/15 | €5,097,338 | €4,860,439 | -€236,899 | -4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €5,053,500 | €5,000,000 | -€53,500 | -1.1% |
| Profit (loss) carried forward | 14 | €25,238 | -€158,161 | -€183,399 | |
| Amounts payable | 17/49 | €4,056,347 | €3,484,220 | -€572,128 | -14.1% |
| Amounts payable after more than one year | 17 | €3,898,764 | €3,315,467 | -€583,297 | -15.0% |
| Financial debts | 170/4 | €3,898,764 | €3,315,467 | -€583,297 | -15.0% |
| Amounts payable within one year | 42/48 | €157,583 | €168,753 | +€11,170 | +7.1% |
| Trade debts | 44 | €83,954 | €92,181 | +€8,226 | +9.8% |
| Suppliers | 440/4 | €83,954 | €92,181 | +€8,226 | +9.8% |
| Advances received on contracts in progress | 46 | - | €66,100 | +€66,100 | |
| Taxes, remuneration and social security | 45 | €37,486 | €2,455 | -€35,031 | -93.4% |
| Taxes | 450/3 | €37,486 | €2,455 | -€35,031 | -93.4% |
| Other amounts payable | 47/48 | €36,143 | €8,017 | -€28,126 | -77.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.