MJLD: what changed
Two fiscal 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.
MJLD
Largest movements
- Cash +€61,356
up €61,356 (+1557.2%), from €3,940 to €65,296
mainly Net result for the year (+€77,501) and Current investments (+€26,373)
- Current investments -€26,373
down €26,373 (-7.1%), from €369,700 to €343,327
- Receivables within one year -€25,577
down €25,577 (-15.6%), from €163,665 to €138,088
of which Trade receivables: -€44,077
- Tangible fixed assets +€13,958
up €13,958 (+101.1%), from €13,803 to €27,761
of which Furniture and vehicles: +€16,197
- Reserves +€52,400
up €52,400 (+10.1%), from €519,860 to €572,260
of which Distributable reserves: +€52,400
- Trade debts -€15,163
down €15,163 (-73.7%), from €20,584 to €5,421
- Tax, wage and social debts -€14,662
down €14,662 (-69.7%), from €21,023 to €6,361
- Depreciation +€3,072
up €3,072 (+100.6%), from €3,053 to €6,124
- Taxes -€1,772
down €1,772 (-5.6%), from €31,850 to €30,078
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 | €583,219 | €607,038 | +€23,820 | +4.1% |
| Fixed assets | 21/28 | €44,699 | €58,656 | +€13,958 | +31.2% |
| Tangible fixed assets | 22/27 | €13,803 | €27,761 | +€13,958 | +101.1% |
| Furniture and vehicles | 24 | €5,726 | €21,924 | +€16,197 | +282.9% |
| Other tangible fixed assets | 26 | €8,077 | €5,837 | -€2,240 | -27.7% |
| Financial fixed assets | 28 | €30,896 | €30,896 | = | 0.0% |
| Current assets | 29/58 | €538,520 | €548,382 | +€9,862 | +1.8% |
| Amounts receivable within one year | 40/41 | €163,665 | €138,088 | -€25,577 | -15.6% |
| Trade receivables | 40 | €98,665 | €54,588 | -€44,077 | -44.7% |
| Other amounts receivable | 41 | €65,000 | €83,500 | +€18,500 | +28.5% |
| Current investments | 50/53 | €369,700 | €343,327 | -€26,373 | -7.1% |
| Cash at bank and in hand | 54/58 | €3,940 | €65,296 | +€61,356 | +1557.2% |
| Deferred charges and accrued income | 490/1 | €1,214 | €1,671 | +€457 | +37.6% |
| Total equity and liabilities | 10/49 | €583,219 | €607,038 | +€23,820 | +4.1% |
| Equity | 10/15 | €535,296 | €587,797 | +€52,501 | +9.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | - | €6,200 | +€6,200 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Uncalled capital | 101 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €519,860 | €572,260 | +€52,400 | +10.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €518,000 | €570,400 | +€52,400 | +10.1% |
| Profit (loss) carried forward | 14 | €9,236 | €9,337 | +€101 | +1.1% |
| Amounts payable | 17/49 | €47,923 | €19,241 | -€28,681 | -59.8% |
| Amounts payable within one year | 42/48 | €47,923 | €19,241 | -€28,681 | -59.8% |
| Trade debts | 44 | €20,584 | €5,421 | -€15,163 | -73.7% |
| Suppliers | 440/4 | €20,584 | €5,421 | -€15,163 | -73.7% |
| Taxes, remuneration and social security | 45 | €21,023 | €6,361 | -€14,662 | -69.7% |
| Taxes | 450/3 | €21,023 | €6,361 | -€14,662 | -69.7% |
| Other amounts payable | 47/48 | €6,315 | €7,459 | +€1,144 | +18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,053 | €6,124 | +€3,072 | +100.6% |
| Other operating charges | 640/8 | €384 | €262 | -€122 | -31.8% |
| Gross operating margin | 9900 | €106,610 | €107,521 | +€911 | +0.9% |
| Operating profit (loss) | 9901 | €103,173 | €101,134 | -€2,038 | -2.0% |
| Financial income | 75/76B | €7,142 | €6,682 | -€460 | -6.4% |
| Recurring financial income | 75 | €7,142 | €6,682 | -€460 | -6.4% |
| Financial charges | 65/66B | €351 | €238 | -€114 | -32.4% |
| Recurring financial charges | 65 | €351 | €238 | -€114 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | €109,963 | €107,579 | -€2,385 | -2.2% |
| Income taxes | 67/77 | €31,850 | €30,078 | -€1,772 | -5.6% |
| Profit (loss) for the period | 9904 | €78,113 | €77,501 | -€613 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €78,113 | €77,501 | -€613 | -0.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.