MJÖLNIR CONSTRUCT: 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.
MJÖLNIR CONSTRUCT
Largest movements
- Receivables within one year +€3,033
up €3,033 (+10.7%), from €28,326 to €31,359
of which Trade receivables: +€2,928
- Tangible fixed assets -€2,127
no longer reported in 2025 (was €2,127)
of which Furniture and vehicles: -€1,646
- Cash +€1,152
up €1,152 (+25.8%), from €4,469 to €5,621
mainly Trade debts (+€6,545) and Current portion of long-term debt (+€3,499)
- Debts after one year -€7,508
no longer reported in 2025 (was €7,508)
- Trade debts +€6,545
up €6,545 (+251%), from €2,603 to €9,148
- Current portion of long-term debt +€3,499
up €3,499 (+87.3%), from €4,009 to €7,508
- Profit (loss) carried forward -€758
down €758 (-694%), from -€109 to -€867
- Gross operating margin -€44,787
down €44,787, from €44,704 to -€83
- Staff costs -€38,680
no longer reported in 2025 (was €38,680)
- Depreciation -€3,181
down €3,181 (-86.9%), from €3,662 to €482
- Other operating charges -€626
down €626 (-92.3%), from €679 to €52
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 | €34,922 | €36,980 | +€2,058 | +5.9% |
| Fixed assets | 21/28 | €2,127 | - | -€2,127 | |
| Tangible fixed assets | 22/27 | €2,127 | - | -€2,127 | |
| Plant, machinery and equipment | 23 | €482 | - | -€482 | |
| Furniture and vehicles | 24 | €1,646 | - | -€1,646 | |
| Current assets | 29/58 | €32,795 | €36,980 | +€4,185 | +12.8% |
| Amounts receivable within one year | 40/41 | €28,326 | €31,359 | +€3,033 | +10.7% |
| Trade receivables | 40 | €28,060 | €30,988 | +€2,928 | +10.4% |
| Other amounts receivable | 41 | €267 | €371 | +€104 | +39.1% |
| Cash at bank and in hand | 54/58 | €4,469 | €5,621 | +€1,152 | +25.8% |
| Total equity and liabilities | 10/49 | €34,922 | €36,980 | +€2,058 | +5.9% |
| Equity | 10/15 | €19,891 | €19,133 | -€758 | -3.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€109 | -€867 | -€758 | -694% |
| Amounts payable | 17/49 | €15,032 | €17,847 | +€2,816 | +18.7% |
| Amounts payable after more than one year | 17 | €7,508 | - | -€7,508 | |
| Financial debts | 170/4 | €7,508 | - | -€7,508 | |
| Amounts payable within one year | 42/48 | €7,524 | €17,847 | +€10,324 | +137% |
| Current portion of amounts payable after more than one year | 42 | €4,009 | €7,508 | +€3,499 | +87.3% |
| Trade debts | 44 | €2,603 | €9,148 | +€6,545 | +251% |
| Suppliers | 440/4 | €2,603 | €9,148 | +€6,545 | +251% |
| Taxes, remuneration and social security | 45 | €911 | €1,192 | +€280 | +30.7% |
| Taxes | 450/3 | - | €280 | +€280 | |
| Remuneration and social security | 454/9 | €911 | €911 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €38,680 | - | -€38,680 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,662 | €482 | -€3,181 | -86.9% |
| Other operating charges | 640/8 | €679 | €52 | -€626 | -92.3% |
| Gross operating margin | 9900 | €44,704 | -€83 | -€44,787 | |
| Operating profit (loss) | 9901 | €1,683 | -€617 | -€2,300 | |
| Financial income | 75/76B | €0 | €4 | +€4 | +6,500% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +6,500% |
| Financial charges | 65/66B | €218 | €145 | -€73 | -33.4% |
| Recurring financial charges | 65 | €218 | €145 | -€73 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | €1,465 | -€758 | -€2,223 | |
| Profit (loss) for the period | 9904 | €1,465 | -€758 | -€2,223 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,465 | -€758 | -€2,223 |
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 25 October 2026 via checked.be.