MJLG: 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.
MJLG
Largest movements
- Cash -€13,805
down €13,805 (-98.1%), from €14,073 to €268
mainly Debts after one year (-€41,579) and Net result for the year (-€22,577)
- Financial fixed assets -€8,625
down €8,625 (-100%), from €8,625 to €0
- Receivables within one year -€645
down €645 (-70.2%), from €919 to €274
of which Other amounts receivable: -€645
- Debts after one year -€41,579
down €41,579 (-22.7%), from €183,224 to €141,645
of which Financial debts: -€41,579
- Current portion of long-term debt +€36,221
up €36,221 (+561%), from €6,455 to €42,676
- Profit (loss) carried forward -€22,577
down €22,577 (-4.4%), from -€511,589 to -€534,165
- Trade debts +€3,208
up €3,208 (+56.8%), from €5,649 to €8,857
- Other debts +€1,972
up €1,972 (+0.6%), from €326,779 to €328,752
- Gross operating margin +€12,023
up €12,023 (+36.0%), from -€33,355 to -€21,332
- Financial charges -€2,688
down €2,688 (-87.7%), from €3,064 to €376
- Other operating charges -€1,090
down €1,090 (-43.3%), from €2,520 to €1,430
- Financial income +€559
up €559 (+31,779%), from €2 to €561
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 | €23,617 | €542 | -€23,075 | -97.7% |
| Fixed assets | 21/28 | €8,625 | €0 | -€8,625 | -100% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €8,625 | €0 | -€8,625 | -100% |
| Current assets | 29/58 | €14,992 | €542 | -€14,450 | -96.4% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €919 | €274 | -€645 | -70.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €919 | €274 | -€645 | -70.2% |
| Cash at bank and in hand | 54/58 | €14,073 | €268 | -€13,805 | -98.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €23,617 | €542 | -€23,075 | -97.7% |
| Equity | 10/15 | -€503,534 | -€526,110 | -€22,577 | -4.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€511,589 | -€534,165 | -€22,577 | -4.4% |
| Amounts payable | 17/49 | €527,151 | €526,652 | -€498 | -0.1% |
| Amounts payable after more than one year | 17 | €183,224 | €141,645 | -€41,579 | -22.7% |
| Financial debts | 170/4 | €41,579 | €0 | -€41,579 | -100% |
| Other amounts payable | 178/9 | €141,645 | €141,645 | = | 0.0% |
| Amounts payable within one year | 42/48 | €340,093 | €381,260 | +€41,167 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €6,455 | €42,676 | +€36,221 | +561% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €5,649 | €8,857 | +€3,208 | +56.8% |
| Suppliers | 440/4 | €5,649 | €8,857 | +€3,208 | +56.8% |
| Taxes, remuneration and social security | 45 | €1,210 | €976 | -€235 | -19.4% |
| Taxes | 450/3 | €1,210 | €976 | -€235 | -19.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €326,779 | €328,752 | +€1,972 | +0.6% |
| Accrued charges and deferred income | 492/3 | €3,833 | €3,747 | -€87 | -2.3% |
| Non-recurring operating income | 76A | €1,410 | €2,150 | +€740 | +52.5% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143 | €0 | -€143 | -100% |
| Other operating charges | 640/8 | €2,520 | €1,430 | -€1,090 | -43.3% |
| Non-recurring operating charges | 66A | €952 | €0 | -€952 | -100% |
| Gross operating margin | 9900 | -€33,355 | -€21,332 | +€12,023 | +36.0% |
| Operating profit (loss) | 9901 | -€36,970 | -€22,762 | +€14,208 | +38.4% |
| Financial income | 75/76B | €2 | €561 | +€559 | +31,779% |
| Recurring financial income | 75 | €2 | €561 | +€559 | +31,779% |
| Financial charges | 65/66B | €3,064 | €376 | -€2,688 | -87.7% |
| Recurring financial charges | 65 | €3,064 | €376 | -€2,688 | -87.7% |
| Profit (loss) for the period before taxes | 9903 | -€40,032 | -€22,577 | +€17,455 | +43.6% |
| Profit (loss) for the period | 9904 | -€40,032 | -€22,577 | +€17,455 | +43.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,032 | -€22,577 | +€17,455 | +43.6% |
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 22 October 2026 via checked.be.