MJTRANS: 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.
MJTRANS
Largest movements
- Tangible fixed assets +€32,581
up €32,581 (+29.1%), from €111,972 to €144,552
of which Furniture and vehicles: +€21,327
- Receivables within one year -€21,808
down €21,808 (-12.1%), from €180,387 to €158,579
of which Trade receivables: -€28,308
- Deferred charges and accrued income -€7,860
down €7,860 (-21.3%), from €36,838 to €28,979
- Other debts -€50,728
down €50,728 (-37.0%), from €137,257 to €86,529
- Debts after one year +€24,107
up €24,107 (+41.2%), from €58,541 to €82,648
of which Financial debts: +€24,107
- Tax, wage and social debts +€13,881
up €13,881 (+43.2%), from €32,134 to €46,015
of which Remuneration and social security: +€10,439
- Trade debts +€13,032
up €13,032 (+115.9%), from €11,243 to €24,275
- Gross operating margin +€53,043
up €53,043 (+13.4%), from €396,518 to €449,561
- Staff costs +€35,752
up €35,752 (+19.6%), from €182,190 to €217,941
- Other operating charges +€10,534
up €10,534 (+25.1%), from €42,016 to €52,550
- Write-downs +€10,000
new in 2025: €10,000
- Depreciation +€5,829
up €5,829 (+9.5%), from €61,108 to €66,937
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.
Cash bridge derived
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 | €483,050 | €484,669 | +€1,618 | +0.3% |
| Fixed assets | 21/28 | €116,647 | €149,227 | +€32,581 | +27.9% |
| Tangible fixed assets | 22/27 | €111,972 | €144,552 | +€32,581 | +29.1% |
| Plant, machinery and equipment | 23 | €8,824 | €20,078 | +€11,254 | +127.5% |
| Furniture and vehicles | 24 | €103,148 | €124,474 | +€21,327 | +20.7% |
| Financial fixed assets | 28 | €4,675 | €4,675 | = | 0.0% |
| Current assets | 29/58 | €366,404 | €335,442 | -€30,962 | -8.5% |
| Amounts receivable within one year | 40/41 | €180,387 | €158,579 | -€21,808 | -12.1% |
| Trade receivables | 40 | €180,387 | €152,079 | -€28,308 | -15.7% |
| Other amounts receivable | 41 | - | €6,500 | +€6,500 | |
| Cash at bank and in hand | 54/58 | €149,179 | €147,884 | -€1,295 | -0.9% |
| Deferred charges and accrued income | 490/1 | €36,838 | €28,979 | -€7,860 | -21.3% |
| Total equity and liabilities | 10/49 | €483,050 | €484,669 | +€1,618 | +0.3% |
| Equity | 10/15 | €204,950 | €205,744 | +€794 | +0.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €182,000 | €182,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €180,000 | €180,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,950 | €3,744 | +€794 | +26.9% |
| Amounts payable | 17/49 | €278,101 | €278,925 | +€824 | +0.3% |
| Amounts payable after more than one year | 17 | €58,541 | €82,648 | +€24,107 | +41.2% |
| Financial debts | 170/4 | €38,541 | €62,648 | +€24,107 | +62.6% |
| Other amounts payable | 178/9 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €218,210 | €194,595 | -€23,615 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €37,576 | €37,776 | +€200 | +0.5% |
| Trade debts | 44 | €11,243 | €24,275 | +€13,032 | +115.9% |
| Suppliers | 440/4 | €11,243 | €24,275 | +€13,032 | +115.9% |
| Taxes, remuneration and social security | 45 | €32,134 | €46,015 | +€13,881 | +43.2% |
| Taxes | 450/3 | €14,781 | €18,222 | +€3,442 | +23.3% |
| Remuneration and social security | 454/9 | €17,353 | €27,793 | +€10,439 | +60.2% |
| Other amounts payable | 47/48 | €137,257 | €86,529 | -€50,728 | -37.0% |
| Accrued charges and deferred income | 492/3 | €1,350 | €1,682 | +€332 | +24.6% |
| Non-recurring operating income | 76A | €7,000 | €13,073 | +€6,073 | +86.8% |
| Remuneration, social security and pensions | 62 | €182,190 | €217,941 | +€35,752 | +19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,108 | €66,937 | +€5,829 | +9.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €10,000 | +€10,000 | |
| Other operating charges | 640/8 | €42,016 | €52,550 | +€10,534 | +25.1% |
| Non-recurring operating charges | 66A | €27,553 | €1,053 | -€26,500 | -96.2% |
| Gross operating margin | 9900 | €396,518 | €449,561 | +€53,043 | +13.4% |
| Operating profit (loss) | 9901 | €83,651 | €101,079 | +€17,428 | +20.8% |
| Financial income | 75/76B | €77 | €213 | +€136 | +177.8% |
| Recurring financial income | 75 | €77 | €213 | +€136 | +177.8% |
| Financial charges | 65/66B | €3,234 | €6,010 | +€2,776 | +85.8% |
| Recurring financial charges | 65 | €3,234 | €6,010 | +€2,776 | +85.8% |
| Profit (loss) for the period before taxes | 9903 | €80,494 | €95,282 | +€14,788 | +18.4% |
| Income taxes | 67/77 | €16,187 | €18,488 | +€2,301 | +14.2% |
| Profit (loss) for the period | 9904 | €64,307 | €76,794 | +€12,487 | +19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €64,307 | €76,794 | +€12,487 | +19.4% |
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 10 October 2026 via checked.be.