MJM TRANS: what changed
What changed
MJM TRANS
NACE 49.410, Freight transport by road
filed annual accounts (NBB)
Net result for the year
€11,797
2024 · €16,377-€4,580
Equity
€92,783
2024 · €80,986+€11,797
Cash
€95,229
2024 · €47,922+€47,307
Balance sheet total
€294,905
2024 · €329,979-€35,074
Largest movements
Assets
- Cash +€47,307
up €47,307 (+98.7%), from €47,922 to €95,229
mainly Depreciation (+€56,668) and Receivables within one year (+€35,792)
- Receivables within one year -€35,792
down €35,792 (-46.9%), from €76,286 to €40,494
- Tangible fixed assets -€31,668
down €31,668 (-19.1%), from €165,998 to €134,330
of which Furniture and vehicles: -€23,847
- Receivables after one year -€13,924
down €13,924 (-36.4%), from €38,291 to €24,367
Equity and liabilities
- Debts after one year -€53,412
down €53,412 (-60.8%), from €87,798 to €34,387
- Trade debts -€13,061
down €13,061 (-56.4%), from €23,151 to €10,090
- Other debts +€11,809
up €11,809 (+27.3%), from €43,182 to €54,992
- Reserves +€11,797
up €11,797 (+16.6%), from €70,986 to €82,783
- Accrued charges and deferred income +€3,999
up €3,999 (+102%), from €3,920 to €7,919
Income statement
- Staff costs +€18,520
up €18,520 (+1,472%), from €1,258 to €19,778
- Gross operating margin +€15,001
up €15,001 (+13.5%), from €111,172 to €126,173
- Depreciation +€14,662
up €14,662 (+34.9%), from €42,006 to €56,668
- Other operating charges -€10,526
down €10,526 (-28.2%), from €37,266 to €26,740
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€16,377
Gross operating margin
+€15,001
Staff costs
-€18,520
Depreciation
-€14,662
Other operating charges
+€10,526
Other operating items
+€2,023
Financial income
+€80
Financial charges
-€261
Taxes
+€1,232
Result 2025
€11,797
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€125,625
Investment
-€25,135
Financing
-€53,183
Cash 2024
€47,922
From operations (derived)
+€125,625
Net result for the year
+€11,797
Depreciation
+€56,668
Receivables after one year
+€13,924
Receivables within one year
+€35,792
Deferred charges and accrued income
+€1,132
Trade debts
-€13,061
Tax, wage and social debts
+€3,565
Other debts
+€11,809
Accrued charges and deferred income
+€3,999
Investment (derived)
-€25,135
Investment in fixed assets (net)
-€25,135
Financing
-€53,183
Debts after one year
-€53,412
Current portion of long-term debt
+€229
Cash 2025
€95,229
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €329,979 | €294,905 | -€35,074 | -10.6% |
| Fixed assets | 21/28 | €166,348 | €134,815 | -€31,533 | -19.0% |
| Tangible fixed assets | 22/27 | €165,998 | €134,330 | -€31,668 | -19.1% |
| Plant, machinery and equipment | 23 | €20,519 | €15,226 | -€5,294 | -25.8% |
| Furniture and vehicles | 24 | €124,158 | €100,312 | -€23,847 | -19.2% |
| Other tangible fixed assets | 26 | €1,627 | €1,092 | -€535 | -32.9% |
| Assets under construction and advance payments | 27 | €19,693 | €17,700 | -€1,993 | -10.1% |
| Financial fixed assets | 28 | €350 | €485 | +€135 | +38.6% |
| Current assets | 29/58 | €163,631 | €160,091 | -€3,541 | -2.2% |
| Amounts receivable after more than one year | 29 | €38,291 | €24,367 | -€13,924 | -36.4% |
| Other amounts receivable | 291 | €38,291 | €24,367 | -€13,924 | -36.4% |
| Amounts receivable within one year | 40/41 | €76,286 | €40,494 | -€35,792 | -46.9% |
| Trade receivables | 40 | €76,286 | €40,494 | -€35,792 | -46.9% |
| Cash at bank and in hand | 54/58 | €47,922 | €95,229 | +€47,307 | +98.7% |
| Deferred charges and accrued income | 490/1 | €1,132 | - | -€1,132 | |
| Total equity and liabilities | 10/49 | €329,979 | €294,905 | -€35,074 | -10.6% |
| Equity | 10/15 | €80,986 | €92,783 | +€11,797 | +14.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €70,986 | €82,783 | +€11,797 | +16.6% |
| Distributable reserves | 133 | €70,986 | €82,783 | +€11,797 | +16.6% |
| Amounts payable | 17/49 | €248,993 | €202,122 | -€46,871 | -18.8% |
| Amounts payable after more than one year | 17 | €87,798 | €34,387 | -€53,412 | -60.8% |
| Financial debts | 170/4 | €87,798 | €34,387 | -€53,412 | -60.8% |
| Amounts payable within one year | 42/48 | €157,274 | €159,816 | +€2,542 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €60,455 | €60,685 | +€229 | +0.4% |
| Trade debts | 44 | €23,151 | €10,090 | -€13,061 | -56.4% |
| Suppliers | 440/4 | €23,151 | €10,090 | -€13,061 | -56.4% |
| Taxes, remuneration and social security | 45 | €30,485 | €34,050 | +€3,565 | +11.7% |
| Taxes | 450/3 | €29,227 | €30,856 | +€1,629 | +5.6% |
| Remuneration and social security | 454/9 | €1,258 | €3,194 | +€1,936 | +154% |
| Other amounts payable | 47/48 | €43,182 | €54,992 | +€11,809 | +27.3% |
| Accrued charges and deferred income | 492/3 | €3,920 | €7,919 | +€3,999 | +102% |
| Remuneration, social security and pensions | 62 | €1,258 | €19,778 | +€18,520 | +1,472% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,006 | €56,668 | +€14,662 | +34.9% |
| Other operating charges | 640/8 | €37,266 | €26,740 | -€10,526 | -28.2% |
| Non-recurring operating charges | 66A | €2,023 | - | -€2,023 | |
| Gross operating margin | 9900 | €111,172 | €126,173 | +€15,001 | +13.5% |
| Operating profit (loss) | 9901 | €28,619 | €22,988 | -€5,631 | -19.7% |
| Financial income | 75/76B | €6 | €86 | +€80 | +1,345% |
| Recurring financial income | 75 | €6 | €86 | +€80 | +1,345% |
| Financial charges | 65/66B | €7,280 | €7,541 | +€261 | +3.6% |
| Recurring financial charges | 65 | €7,280 | €7,541 | +€261 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €21,345 | €15,533 | -€5,812 | -27.2% |
| Income taxes | 67/77 | €4,968 | €3,736 | -€1,232 | -24.8% |
| Profit (loss) for the period | 9904 | €16,377 | €11,797 | -€4,580 | -28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,377 | €11,797 | -€4,580 | -28.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.