MJM 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.
MJM Management
Largest movements
- Receivables within one year -€1,159
down €1,159 (-100%), from €1,159 to €0
of which Trade receivables: -€925
- Other debts +€6,508
new in 2025: €6,508
- Trade debts -€5,694
down €5,694 (-98.8%), from €5,761 to €67
- Profit (loss) carried forward -€1,974
down €1,974 (-17.5%), from -€11,291 to -€13,265
- Gross operating margin -€1,222
down €1,222, from €416 to -€806
- Financial charges +€1,142
up €1,142 (+4,506%), from €25 to €1,167
- Other operating charges -€200
down €200 (-100%), from €200 to €0
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
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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,159 | €0 | -€1,159 | -100% |
| Current assets | 29/58 | €1,159 | €0 | -€1,159 | -100% |
| Amounts receivable within one year | 40/41 | €1,159 | €0 | -€1,159 | -100% |
| Trade receivables | 40 | €925 | €0 | -€925 | -100% |
| Other amounts receivable | 41 | €234 | €0 | -€234 | -100% |
| Total equity and liabilities | 10/49 | €1,159 | €0 | -€1,159 | -100% |
| Equity | 10/15 | -€4,602 | -€6,575 | -€1,974 | -42.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €489 | €489 | = | 0.0% |
| Non-distributable reserves | 130/1 | €489 | €489 | = | 0.0% |
| Reserves not available under the articles | 1311 | €489 | €489 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,291 | -€13,265 | -€1,974 | -17.5% |
| Amounts payable | 17/49 | €5,761 | €6,575 | +€815 | +14.1% |
| Amounts payable within one year | 42/48 | €5,761 | €6,575 | +€815 | +14.1% |
| Trade debts | 44 | €5,761 | €67 | -€5,694 | -98.8% |
| Suppliers | 440/4 | €5,761 | €67 | -€5,694 | -98.8% |
| Other amounts payable | 47/48 | - | €6,508 | +€6,508 | |
| Other operating charges | 640/8 | €200 | €0 | -€200 | -100% |
| Gross operating margin | 9900 | €416 | -€806 | -€1,222 | |
| Operating profit (loss) | 9901 | €216 | -€806 | -€1,022 | |
| Financial charges | 65/66B | €25 | €1,167 | +€1,142 | +4,506% |
| Recurring financial charges | 65 | €25 | €1,167 | +€1,142 | +4,506% |
| Profit (loss) for the period before taxes | 9903 | €191 | -€1,974 | -€2,164 | |
| Profit (loss) for the period | 9904 | €191 | -€1,974 | -€2,164 | |
| Profit (loss) for the period to be appropriated | 9905 | €191 | -€1,974 | -€2,164 |
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 15 October 2026 via checked.be.