MJM Transport: 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 Transport
Largest movements
- Receivables within one year -€151,943
down €151,943 (-24.9%), from €609,161 to €457,219
of which Trade receivables: -€160,024
- Cash -€103,868
down €103,868 (-37.2%), from €279,581 to €175,713
mainly Trade debts (-€149,166) and Investment in fixed assets (net) (-€93,814)
- Trade debts -€149,166
down €149,166 (-58.0%), from €257,353 to €108,187
- Debts after one year -€56,760
down €56,760 (-13.6%), from €417,929 to €361,168
- Tax, wage and social debts -€47,570
down €47,570 (-38.8%), from €122,693 to €75,123
of which Taxes: -€40,951
- Short-term financial debts -€18,896
no longer reported in 2025 (was €18,896)
- Other debts +€14,252
up €14,252 (+377%), from €3,776 to €18,028
- Gross operating margin -€73,011
down €73,011 (-10.1%), from €722,752 to €649,741
- Staff costs -€25,590
down €25,590 (-5.2%), from €490,006 to €464,416
- Taxes -€21,147
down €21,147 (-63.7%), from €33,196 to €12,048
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 | €1,363,317 | €1,122,059 | -€241,258 | -17.7% |
| Fixed assets | 21/28 | €468,058 | €472,270 | +€4,213 | +0.9% |
| Intangible fixed assets | 21 | €3,255 | €2,476 | -€780 | -24.0% |
| Tangible fixed assets | 22/27 | €461,432 | €466,425 | +€4,992 | +1.1% |
| Land and buildings | 22 | €281,250 | €284,815 | +€3,566 | +1.3% |
| Plant, machinery and equipment | 23 | €36,646 | €30,041 | -€6,605 | -18.0% |
| Furniture and vehicles | 24 | €16,950 | €20,554 | +€3,603 | +21.3% |
| Leasing and similar rights | 25 | €126,586 | €131,014 | +€4,428 | +3.5% |
| Financial fixed assets | 28 | €3,370 | €3,370 | = | 0.0% |
| Current assets | 29/58 | €895,260 | €649,789 | -€245,471 | -27.4% |
| Amounts receivable within one year | 40/41 | €609,161 | €457,219 | -€151,943 | -24.9% |
| Trade receivables | 40 | €606,073 | €446,049 | -€160,024 | -26.4% |
| Other amounts receivable | 41 | €3,088 | €11,169 | +€8,082 | +262% |
| Cash at bank and in hand | 54/58 | €279,581 | €175,713 | -€103,868 | -37.2% |
| Deferred charges and accrued income | 490/1 | €6,518 | €16,858 | +€10,340 | +159% |
| Total equity and liabilities | 10/49 | €1,363,317 | €1,122,059 | -€241,258 | -17.7% |
| Equity | 10/15 | €434,174 | €445,870 | +€11,696 | +2.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €413,714 | €425,410 | +€11,696 | +2.8% |
| Amounts payable | 17/49 | €929,143 | €676,190 | -€252,954 | -27.2% |
| Amounts payable after more than one year | 17 | €417,929 | €361,168 | -€56,760 | -13.6% |
| Financial debts | 170/4 | €417,929 | €361,168 | -€56,760 | -13.6% |
| Amounts payable within one year | 42/48 | €511,119 | €312,219 | -€198,900 | -38.9% |
| Current portion of amounts payable after more than one year | 42 | €108,400 | €110,880 | +€2,480 | +2.3% |
| Financial debts | 43 | €18,896 | - | -€18,896 | |
| Credit institutions | 430/8 | €18,896 | - | -€18,896 | |
| Trade debts | 44 | €257,353 | €108,187 | -€149,166 | -58.0% |
| Suppliers | 440/4 | €257,353 | €108,187 | -€149,166 | -58.0% |
| Taxes, remuneration and social security | 45 | €122,693 | €75,123 | -€47,570 | -38.8% |
| Taxes | 450/3 | €53,543 | €12,592 | -€40,951 | -76.5% |
| Remuneration and social security | 454/9 | €69,150 | €62,531 | -€6,619 | -9.6% |
| Other amounts payable | 47/48 | €3,776 | €18,028 | +€14,252 | +377% |
| Accrued charges and deferred income | 492/3 | €96 | €2,803 | +€2,707 | +2,820% |
| Remuneration, social security and pensions | 62 | €490,006 | €464,416 | -€25,590 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,647 | €89,602 | -€6,045 | -6.3% |
| Other operating charges | 640/8 | €23,124 | €30,092 | +€6,968 | +30.1% |
| Gross operating margin | 9900 | €722,752 | €649,741 | -€73,011 | -10.1% |
| Operating profit (loss) | 9901 | €113,975 | €65,632 | -€48,343 | -42.4% |
| Financial income | 75/76B | €774 | €948 | +€174 | +22.5% |
| Recurring financial income | 75 | €774 | €948 | +€174 | +22.5% |
| Financial charges | 65/66B | €26,461 | €28,551 | +€2,090 | +7.9% |
| Recurring financial charges | 65 | €26,461 | €28,551 | +€2,090 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €88,288 | €38,029 | -€50,259 | -56.9% |
| Income taxes | 67/77 | €33,196 | €12,048 | -€21,147 | -63.7% |
| Profit (loss) for the period | 9904 | €55,093 | €25,981 | -€29,112 | -52.8% |
| Profit (loss) for the period to be appropriated | 9905 | €55,093 | €25,981 | -€29,112 | -52.8% |
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 1 November 2026 via checked.be.