MJV INVEST: what changed
MJV INVEST
Largest movements
- Cash +€26,397
up €26,397 (+43.6%), from €60,557 to €86,954
mainly Net result for the year (+€17,358) and Depreciation (+€10,365)
- Tangible fixed assets -€8,249
down €8,249 (-29.4%), from €28,105 to €19,856
of which Furniture and vehicles: -€9,143
- Receivables within one year -€1,112
down €1,112 (-45.7%), from €2,433 to €1,321
of which Trade receivables: -€1,121
- Profit (loss) carried forward +€17,358
up €17,358 (+41.0%), from €42,321 to €59,678
- Current portion of long-term debt -€3,396
down €3,396 (-91.8%), from €3,701 to €305
- Tax, wage and social debts +€3,332
up €3,332 (+14.0%), from €23,824 to €27,156
of which Taxes: +€2,126
- Gross operating margin -€16,856
down €16,856 (-30.6%), from €55,060 to €38,203
- Depreciation +€8,480
up €8,480 (+450%), from €1,885 to €10,365
- Taxes -€5,724
down €5,724 (-53.3%), from €10,740 to €5,016
- Staff costs +€3,886
new in 2025: €3,886
- Financial charges +€1,193
up €1,193 (+1,361%), from €88 to €1,280
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €91,231 | €108,535 | +€17,304 | +19.0% |
| Fixed assets | 21/28 | €28,105 | €20,066 | -€8,039 | -28.6% |
| Tangible fixed assets | 22/27 | €28,105 | €19,856 | -€8,249 | -29.4% |
| Plant, machinery and equipment | 23 | - | €894 | +€894 | |
| Furniture and vehicles | 24 | €28,105 | €18,962 | -€9,143 | -32.5% |
| Financial fixed assets | 28 | - | €210 | +€210 | |
| Current assets | 29/58 | €63,126 | €88,469 | +€25,343 | +40.1% |
| Amounts receivable within one year | 40/41 | €2,433 | €1,321 | -€1,112 | -45.7% |
| Trade receivables | 40 | €2,433 | €1,312 | -€1,121 | -46.1% |
| Other amounts receivable | 41 | - | €9 | +€9 | |
| Cash at bank and in hand | 54/58 | €60,557 | €86,954 | +€26,397 | +43.6% |
| Deferred charges and accrued income | 490/1 | €136 | €194 | +€58 | +42.9% |
| Total equity and liabilities | 10/49 | €91,231 | €108,535 | +€17,304 | +19.0% |
| Equity | 10/15 | €45,321 | €62,678 | +€17,358 | +38.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,321 | €59,678 | +€17,358 | +41.0% |
| Amounts payable | 17/49 | €45,911 | €45,857 | -€54 | -0.1% |
| Amounts payable after more than one year | 17 | €15,997 | €15,997 | = | 0.0% |
| Financial debts | 170/4 | €15,997 | €15,997 | = | 0.0% |
| Amounts payable within one year | 42/48 | €29,913 | €29,859 | -€54 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €3,701 | €305 | -€3,396 | -91.8% |
| Trade debts | 44 | €451 | €1,526 | +€1,075 | +238% |
| Suppliers | 440/4 | €451 | €1,526 | +€1,075 | +238% |
| Taxes, remuneration and social security | 45 | €23,824 | €27,156 | +€3,332 | +14.0% |
| Taxes | 450/3 | €23,824 | €25,951 | +€2,126 | +8.9% |
| Remuneration and social security | 454/9 | - | €1,206 | +€1,206 | |
| Other amounts payable | 47/48 | €1,937 | €872 | -€1,065 | -55.0% |
| Remuneration, social security and pensions | 62 | - | €3,886 | +€3,886 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,885 | €10,365 | +€8,480 | +450% |
| Other operating charges | 640/8 | €27 | €349 | +€322 | +1,203% |
| Gross operating margin | 9900 | €55,060 | €38,203 | -€16,856 | -30.6% |
| Operating profit (loss) | 9901 | €53,148 | €23,604 | -€29,545 | -55.6% |
| Financial income | 75/76B | - | €51 | +€51 | |
| Recurring financial income | 75 | - | €51 | +€51 | |
| Financial charges | 65/66B | €88 | €1,280 | +€1,193 | +1,361% |
| Recurring financial charges | 65 | €88 | €1,280 | +€1,193 | +1,361% |
| Profit (loss) for the period before taxes | 9903 | €53,061 | €22,374 | -€30,687 | -57.8% |
| Income taxes | 67/77 | €10,740 | €5,016 | -€5,724 | -53.3% |
| Profit (loss) for the period | 9904 | €42,321 | €17,358 | -€24,963 | -59.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,321 | €17,358 | -€24,963 | -59.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.