MJL Advice & Management: 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.
MJL Advice & Management
Largest movements
- Cash +€21,476
up €21,476 (+25.2%), from €85,382 to €106,858
mainly Net result for the year (+€43,441) and Depreciation (+€20,586)
- Tangible fixed assets -€20,586
down €20,586 (-8.1%), from €253,220 to €232,634
of which Land and buildings: -€14,975
- Receivables within one year +€12,259
up €12,259 (+35.4%), from €34,658 to €46,916
of which Other amounts receivable: +€19,601
- Current investments +€5,000
up €5,000 (+21.1%), from €23,750 to €28,750
- Reserves +€43,441
up €43,441 (+38.6%), from €112,487 to €155,927
- Other debts -€20,367
down €20,367 (-100%), from €20,367 to €0
- Debts after one year -€16,392
down €16,392 (-7.1%), from €232,504 to €216,112
- Tax, wage and social debts +€15,299
up €15,299 (+126%), from €12,129 to €27,428
of which Taxes: +€15,299
- Depreciation -€15,015
down €15,015 (-42.2%), from €35,601 to €20,586
- Gross operating margin +€10,057
up €10,057 (+12.8%), from €78,641 to €88,698
- Taxes +€5,858
up €5,858 (+77.8%), from €7,527 to €13,386
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 | €399,338 | €419,349 | +€20,011 | +5.0% |
| Fixed assets | 21/28 | €253,220 | €232,634 | -€20,586 | -8.1% |
| Tangible fixed assets | 22/27 | €253,220 | €232,634 | -€20,586 | -8.1% |
| Land and buildings | 22 | €235,282 | €220,307 | -€14,975 | -6.4% |
| Plant, machinery and equipment | 23 | €90 | €0 | -€90 | -100% |
| Furniture and vehicles | 24 | €17,848 | €12,328 | -€5,521 | -30.9% |
| Current assets | 29/58 | €146,118 | €186,714 | +€40,597 | +27.8% |
| Amounts receivable within one year | 40/41 | €34,658 | €46,916 | +€12,259 | +35.4% |
| Trade receivables | 40 | €26,244 | €18,902 | -€7,342 | -28.0% |
| Other amounts receivable | 41 | €8,414 | €28,014 | +€19,601 | +233% |
| Current investments | 50/53 | €23,750 | €28,750 | +€5,000 | +21.1% |
| Cash at bank and in hand | 54/58 | €85,382 | €106,858 | +€21,476 | +25.2% |
| Deferred charges and accrued income | 490/1 | €2,328 | €4,190 | +€1,862 | +80.0% |
| Total equity and liabilities | 10/49 | €399,338 | €419,349 | +€20,011 | +5.0% |
| Equity | 10/15 | €115,487 | €158,927 | +€43,441 | +37.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €112,487 | €155,927 | +€43,441 | +38.6% |
| Distributable reserves | 133 | €112,487 | €155,927 | +€43,441 | +38.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €283,851 | €260,422 | -€23,430 | -8.3% |
| Amounts payable after more than one year | 17 | €232,504 | €216,112 | -€16,392 | -7.1% |
| Financial debts | 170/4 | €232,504 | €216,112 | -€16,392 | -7.1% |
| Amounts payable within one year | 42/48 | €51,303 | €44,310 | -€6,993 | -13.6% |
| Current portion of amounts payable after more than one year | 42 | €15,943 | €16,392 | +€449 | +2.8% |
| Trade debts | 44 | €2,864 | €490 | -€2,374 | -82.9% |
| Suppliers | 440/4 | €2,864 | €490 | -€2,374 | -82.9% |
| Taxes, remuneration and social security | 45 | €12,129 | €27,428 | +€15,299 | +126% |
| Taxes | 450/3 | €9,629 | €24,928 | +€15,299 | +159% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €20,367 | €0 | -€20,367 | -100% |
| Accrued charges and deferred income | 492/3 | €45 | €0 | -€45 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,601 | €20,586 | -€15,015 | -42.2% |
| Other operating charges | 640/8 | €3,012 | €2,858 | -€154 | -5.1% |
| Non-recurring operating charges | 66A | €1,922 | €0 | -€1,922 | -100% |
| Gross operating margin | 9900 | €78,641 | €88,698 | +€10,057 | +12.8% |
| Operating profit (loss) | 9901 | €38,105 | €65,254 | +€27,149 | +71.2% |
| Financial income | 75/76B | €0 | €241 | +€241 | |
| Recurring financial income | 75 | €0 | €241 | +€241 | |
| Financial charges | 65/66B | €9,230 | €8,669 | -€561 | -6.1% |
| Recurring financial charges | 65 | €9,230 | €8,669 | -€561 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €28,876 | €56,826 | +€27,951 | +96.8% |
| Income taxes | 67/77 | €7,527 | €13,386 | +€5,858 | +77.8% |
| Profit (loss) for the period | 9904 | €21,349 | €43,441 | +€22,092 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €21,349 | €43,441 | +€22,092 | +103% |
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.