MJV HUMAN RESOURCES: 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.
MJV HUMAN RESOURCES
Largest movements
- Tangible fixed assets +€27,991
up €27,991 (+58.3%), from €48,034 to €76,025
of which Furniture and vehicles: +€26,804
- Cash -€8,199
down €8,199 (-32.3%), from €25,405 to €17,206
mainly Investment in fixed assets (net) (-€52,129) and Contributions, distributions and other (-€12,800)
- Reserves +€12,376
up €12,376 (+2.8%), from €437,114 to €449,490
- Other debts +€11,549
up €11,549 (+923%), from €1,251 to €12,800
- Financial income -€42,145
down €42,145 (-91.2%), from €46,231 to €4,086
- Depreciation +€6,010
up €6,010 (+33.0%), from €18,227 to €24,236
- Taxes -€5,857
down €5,857 (-28.1%), from €20,839 to €14,982
- Financial charges -€3,412
down €3,412 (-97.7%), from €3,493 to €81
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 | €537,370 | €563,749 | +€26,379 | +4.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €48,132 | €76,025 | +€27,893 | +58.0% |
| Intangible fixed assets | 21 | €98 | €0 | -€98 | -100% |
| Tangible fixed assets | 22/27 | €48,034 | €76,025 | +€27,991 | +58.3% |
| Land and buildings | 22 | €13,896 | €12,341 | -€1,555 | -11.2% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €32,763 | €59,568 | +€26,804 | +81.8% |
| Other tangible fixed assets | 26 | €1,375 | €4,116 | +€2,741 | +199% |
| Current assets | 29/58 | €489,238 | €487,725 | -€1,514 | -0.3% |
| Amounts receivable within one year | 40/41 | €5,691 | €7,777 | +€2,087 | +36.7% |
| Trade receivables | 40 | €5,691 | €2,587 | -€3,104 | -54.5% |
| Other amounts receivable | 41 | €0 | €5,190 | +€5,190 | |
| Current investments | 50/53 | €457,281 | €461,347 | +€4,066 | +0.9% |
| Cash at bank and in hand | 54/58 | €25,405 | €17,206 | -€8,199 | -32.3% |
| Deferred charges and accrued income | 490/1 | €862 | €1,394 | +€533 | +61.8% |
| Total equity and liabilities | 10/49 | €537,370 | €563,749 | +€26,379 | +4.9% |
| Equity | 10/15 | €529,917 | €542,293 | +€12,376 | +2.3% |
| Contributions | 10/11 | €14,882 | €14,882 | = | 0.0% |
| Reserves | 13 | €437,114 | €449,490 | +€12,376 | +2.8% |
| Distributable reserves | 133 | €437,114 | €449,490 | +€12,376 | +2.8% |
| Profit (loss) carried forward | 14 | €77,922 | €77,922 | = | 0.0% |
| Amounts payable | 17/49 | €7,453 | €21,456 | +€14,003 | +188% |
| Amounts payable within one year | 42/48 | €7,453 | €20,556 | +€13,103 | +176% |
| Trade debts | 44 | €1,796 | €3,401 | +€1,605 | +89.4% |
| Suppliers | 440/4 | €1,796 | €3,401 | +€1,605 | +89.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €4,406 | €4,355 | -€51 | -1.2% |
| Taxes | 450/3 | €4,406 | €4,355 | -€51 | -1.2% |
| Other amounts payable | 47/48 | €1,251 | €12,800 | +€11,549 | +923% |
| Accrued charges and deferred income | 492/3 | €0 | €900 | +€900 | |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,227 | €24,236 | +€6,010 | +33.0% |
| Other operating charges | 640/8 | €1,008 | €917 | -€90 | -8.9% |
| Gross operating margin | 9900 | €61,506 | €61,307 | -€199 | -0.3% |
| Operating profit (loss) | 9901 | €42,272 | €36,153 | -€6,119 | -14.5% |
| Financial income | 75/76B | €46,231 | €4,086 | -€42,145 | -91.2% |
| Recurring financial income | 75 | €46,231 | €4,086 | -€42,145 | -91.2% |
| Financial charges | 65/66B | €3,493 | €81 | -€3,412 | -97.7% |
| Recurring financial charges | 65 | €3,493 | €81 | -€3,412 | -97.7% |
| Profit (loss) for the period before taxes | 9903 | €85,009 | €40,158 | -€44,852 | -52.8% |
| Income taxes | 67/77 | €20,839 | €14,982 | -€5,857 | -28.1% |
| Profit (loss) for the period | 9904 | €64,171 | €25,176 | -€38,995 | -60.8% |
| Profit (loss) for the period to be appropriated | 9905 | €64,171 | €25,176 | -€38,995 | -60.8% |
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 24 October 2026 via checked.be.