MJS-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.
MJS-Management
Largest movements
- Receivables within one year -€9,767
down €9,767 (-17.0%), from €57,314 to €47,547
of which Other amounts receivable: -€9,767
- Intangible fixed assets -€5,000
down €5,000 (-10.0%), from €50,000 to €45,000
- Stocks and contracts +€4,837
new in 2024: €4,837
- Cash +€3,296
up €3,296 (+362.6%), from €909 to €4,205
mainly Tax, wage and social debts (+€57,161) and Receivables within one year (+€9,767)
- Tangible fixed assets +€3,154
up €3,154 (+68.5%), from €4,607 to €7,762
of which Furniture and vehicles: +€3,589
- Other debts -€73,749
down €73,749 (-100.0%), from €73,749 to €0
- Tax, wage and social debts +€57,161
up €57,161 (+2827.2%), from €2,022 to €59,183
of which Remuneration and social security: +€30,422
- Trade debts +€6,666
up €6,666 (+191.5%), from €3,481 to €10,146
- Profit (loss) carried forward +€6,443
up €6,443 (+16.0%), from -€40,372 to -€33,929
- Gross operating margin +€98,603
up €98,603 (+389.9%), from €25,287 to €123,890
- Staff costs +€74,249
up €74,249 (+2406.0%), from €3,086 to €77,335
- Other operating charges +€14,655
up €14,655 (+240.7%), from €6,088 to €20,743
- Taxes +€6,306
up €6,306 (+82.0%), from €7,686 to €13,992
- Depreciation +€2,417
up €2,417 (+67.2%), from €3,595 to €6,012
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,880 | €115,400 | -€3,480 | -2.9% |
| Fixed assets | 21/28 | €60,657 | €58,812 | -€1,846 | -3.0% |
| Intangible fixed assets | 21 | €50,000 | €45,000 | -€5,000 | -10.0% |
| Tangible fixed assets | 22/27 | €4,607 | €7,762 | +€3,154 | +68.5% |
| Plant, machinery and equipment | 23 | €607 | €173 | -€434 | -71.5% |
| Furniture and vehicles | 24 | €4,000 | €7,589 | +€3,589 | +89.7% |
| Financial fixed assets | 28 | €6,050 | €6,050 | = | 0.0% |
| Current assets | 29/58 | €58,223 | €56,588 | -€1,634 | -2.8% |
| Stocks and contracts in progress | 3 | - | €4,837 | +€4,837 | |
| Stocks | 30/36 | - | €4,837 | +€4,837 | |
| Amounts receivable within one year | 40/41 | €57,314 | €47,547 | -€9,767 | -17.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €57,314 | €47,547 | -€9,767 | -17.0% |
| Cash at bank and in hand | 54/58 | €909 | €4,205 | +€3,296 | +362.6% |
| Total equity and liabilities | 10/49 | €118,880 | €115,400 | -€3,480 | -2.9% |
| Equity | 10/15 | €39,628 | €46,071 | +€6,443 | +16.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Revaluation surpluses | 12 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,372 | -€33,929 | +€6,443 | +16.0% |
| Amounts payable | 17/49 | €79,252 | €69,329 | -€9,923 | -12.5% |
| Amounts payable within one year | 42/48 | €79,252 | €69,329 | -€9,923 | -12.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €3,481 | €10,146 | +€6,666 | +191.5% |
| Suppliers | 440/4 | €3,481 | €10,146 | +€6,666 | +191.5% |
| Taxes, remuneration and social security | 45 | €2,022 | €59,183 | +€57,161 | +2827.2% |
| Taxes | 450/3 | €2,022 | €28,760 | +€26,738 | +1322.5% |
| Remuneration and social security | 454/9 | €0 | €30,422 | +€30,422 | |
| Other amounts payable | 47/48 | €73,749 | €0 | -€73,749 | -100.0% |
| Non-recurring operating income | 76A | €17,024 | €0 | -€17,024 | -100.0% |
| Remuneration, social security and pensions | 62 | €3,086 | €77,335 | +€74,249 | +2406.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,595 | €6,012 | +€2,417 | +67.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €6,088 | €20,743 | +€14,655 | +240.7% |
| Non-recurring operating charges | 66A | - | €907 | +€907 | |
| Gross operating margin | 9900 | €25,287 | €123,890 | +€98,603 | +389.9% |
| Operating profit (loss) | 9901 | €12,518 | €18,893 | +€6,375 | +50.9% |
| Financial income | 75/76B | - | €2,204 | +€2,204 | |
| Recurring financial income | 75 | - | €2,204 | +€2,204 | |
| Financial charges | 65/66B | €0 | €662 | +€662 | |
| Recurring financial charges | 65 | €0 | €662 | +€662 | |
| Profit (loss) for the period before taxes | 9903 | €12,518 | €20,435 | +€7,917 | +63.2% |
| Income taxes | 67/77 | €7,686 | €13,992 | +€6,306 | +82.0% |
| Profit (loss) for the period | 9904 | €4,832 | €6,443 | +€1,611 | +33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,832 | €6,443 | +€1,611 | +33.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.