MJTechnics: what changed
Two fiscal 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.
MJTechnics
Largest movements
- Tangible fixed assets -€9,474
down €9,474 (-43.9%), from €21,590 to €12,116
of which Furniture and vehicles: -€9,728
- Cash +€4,338
up €4,338 (+129.6%), from €3,346 to €7,684
mainly Depreciation (+€11,087) and Net result for the year (+€2,931)
- Receivables within one year +€1,692
up €1,692 (+14.6%), from €11,622 to €13,315
- Other debts -€8,437
down €8,437 (-82.6%), from €10,212 to €1,775
- Reserves +€2,931
up €2,931 (+20.2%), from €14,511 to €17,442
- Tax, wage and social debts +€1,571
up €1,571 (+31.2%), from €5,033 to €6,604
- Trade debts +€495
up €495 (+26.5%), from €1,871 to €2,366
- Gross operating margin -€16,063
down €16,063 (-44.2%), from €36,319 to €20,256
- Taxes -€2,348
down €2,348 (-35.8%), from €6,567 to €4,219
- Depreciation -€1,652
down €1,652 (-13.0%), from €12,739 to €11,087
- Other operating charges -€495
down €495 (-20.8%), from €2,381 to €1,887
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 | €36,727 | €33,287 | -€3,440 | -9.4% |
| Fixed assets | 21/28 | €21,590 | €12,116 | -€9,474 | -43.9% |
| Tangible fixed assets | 22/27 | €21,590 | €12,116 | -€9,474 | -43.9% |
| Plant, machinery and equipment | 23 | €4,259 | €4,513 | +€253 | +6.0% |
| Furniture and vehicles | 24 | €17,331 | €7,604 | -€9,728 | -56.1% |
| Current assets | 29/58 | €15,137 | €21,171 | +€6,034 | +39.9% |
| Amounts receivable within one year | 40/41 | €11,622 | €13,315 | +€1,692 | +14.6% |
| Trade receivables | 40 | €11,622 | €13,315 | +€1,692 | +14.6% |
| Cash at bank and in hand | 54/58 | €3,346 | €7,684 | +€4,338 | +129.6% |
| Deferred charges and accrued income | 490/1 | €168 | €172 | +€4 | +2.3% |
| Total equity and liabilities | 10/49 | €36,727 | €33,287 | -€3,440 | -9.4% |
| Equity | 10/15 | €19,611 | €22,542 | +€2,931 | +14.9% |
| Contributions | 10/11 | €5,100 | €5,100 | = | 0.0% |
| Reserves | 13 | €14,511 | €17,442 | +€2,931 | +20.2% |
| Distributable reserves | 133 | €14,511 | €17,442 | +€2,931 | +20.2% |
| Amounts payable | 17/49 | €17,117 | €10,745 | -€6,371 | -37.2% |
| Amounts payable within one year | 42/48 | €17,117 | €10,745 | -€6,371 | -37.2% |
| Trade debts | 44 | €1,871 | €2,366 | +€495 | +26.5% |
| Suppliers | 440/4 | €1,871 | €2,366 | +€495 | +26.5% |
| Taxes, remuneration and social security | 45 | €5,033 | €6,604 | +€1,571 | +31.2% |
| Taxes | 450/3 | €5,033 | €6,604 | +€1,571 | +31.2% |
| Other amounts payable | 47/48 | €10,212 | €1,775 | -€8,437 | -82.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,739 | €11,087 | -€1,652 | -13.0% |
| Other operating charges | 640/8 | €2,381 | €1,887 | -€495 | -20.8% |
| Gross operating margin | 9900 | €36,319 | €20,256 | -€16,063 | -44.2% |
| Operating profit (loss) | 9901 | €21,199 | €7,283 | -€13,917 | -65.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -50.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -50.0% |
| Financial charges | 65/66B | €122 | €133 | +€11 | +8.8% |
| Recurring financial charges | 65 | €122 | €133 | +€11 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €21,078 | €7,150 | -€13,928 | -66.1% |
| Income taxes | 67/77 | €6,567 | €4,219 | -€2,348 | -35.8% |
| Profit (loss) for the period | 9904 | €14,511 | €2,931 | -€11,580 | -79.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,511 | €2,931 | -€11,580 | -79.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.