MJV Services: 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.
MJV Services
Largest movements
- Tangible fixed assets -€12,184
no longer reported in 2025 (was €12,184)
of which Furniture and vehicles: -€9,984
- Cash -€4,716
no longer reported in 2025 (was €4,716)
mainly Net result for the year (-€21,109) and Short-term financial debts (-€3,187)
- Receivables within one year -€1,860
down €1,860 (-4.1%), from €45,040 to €43,180
of which Trade receivables: -€1,306
- Profit (loss) carried forward -€20,052
down €20,052 (-20.0%), from €100,322 to €80,270
- Other debts +€6,555
new in 2025: €6,555
- Short-term financial debts -€3,187
down €3,187 (-9.2%), from €34,667 to €31,480
- Trade debts -€2,178
no longer reported in 2025 (was €2,178)
- Depreciation +€7,274
up €7,274 (+148.1%), from €4,910 to €12,184
- Gross operating margin -€6,986
down €6,986, from €3,622 to -€3,364
- Financial income -€1,259
no longer reported in 2025 (was €1,259)
- Other operating charges -€616
down €616 (-69.2%), from €891 to €275
- Financial charges -€427
down €427 (-7.5%), from €5,714 to €5,287
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 | €157,869 | €138,838 | -€19,031 | -12.1% |
| Fixed assets | 21/28 | €14,759 | €2,575 | -€12,184 | -82.6% |
| Tangible fixed assets | 22/27 | €12,184 | - | -€12,184 | |
| Plant, machinery and equipment | 23 | €2,200 | - | -€2,200 | |
| Furniture and vehicles | 24 | €9,984 | - | -€9,984 | |
| Financial fixed assets | 28 | €2,575 | €2,575 | = | 0.0% |
| Current assets | 29/58 | €143,110 | €136,263 | -€6,847 | -4.8% |
| Stocks and contracts in progress | 3 | €92,971 | €92,971 | -€0 | 0.0% |
| Stocks | 30/36 | €92,971 | €92,971 | -€0 | 0.0% |
| Amounts receivable within one year | 40/41 | €45,040 | €43,180 | -€1,860 | -4.1% |
| Trade receivables | 40 | €21,103 | €19,797 | -€1,306 | -6.2% |
| Other amounts receivable | 41 | €23,937 | €23,383 | -€554 | -2.3% |
| Cash at bank and in hand | 54/58 | €4,716 | - | -€4,716 | |
| Deferred charges and accrued income | 490/1 | €383 | €113 | -€270 | -70.6% |
| Total equity and liabilities | 10/49 | €157,869 | €138,838 | -€19,031 | -12.1% |
| Equity | 10/15 | €114,582 | €94,530 | -€20,052 | -17.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Outside capital | 11 | - | €12,400 | +€12,400 | |
| Other | 1109/19 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,322 | €80,270 | -€20,052 | -20.0% |
| Amounts payable | 17/49 | €43,287 | €44,308 | +€1,021 | +2.4% |
| Amounts payable within one year | 42/48 | €43,287 | €44,308 | +€1,021 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €1,019 | €1,019 | +€0 | 0.0% |
| Financial debts | 43 | €34,667 | €31,480 | -€3,187 | -9.2% |
| Credit institutions | 430/8 | €34,667 | €31,480 | -€3,187 | -9.2% |
| Trade debts | 44 | €2,178 | - | -€2,178 | |
| Suppliers | 440/4 | €2,178 | - | -€2,178 | |
| Taxes, remuneration and social security | 45 | €5,423 | €5,254 | -€169 | -3.1% |
| Taxes | 450/3 | €5,423 | €5,254 | -€169 | -3.1% |
| Other amounts payable | 47/48 | - | €6,555 | +€6,555 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,910 | €12,184 | +€7,274 | +148.1% |
| Other operating charges | 640/8 | €891 | €275 | -€616 | -69.2% |
| Gross operating margin | 9900 | €3,622 | -€3,364 | -€6,986 | |
| Operating profit (loss) | 9901 | -€2,179 | -€15,823 | -€13,644 | -626.1% |
| Financial income | 75/76B | €1,259 | - | -€1,259 | |
| Recurring financial income | 75 | €1,259 | - | -€1,259 | |
| Financial charges | 65/66B | €5,714 | €5,287 | -€427 | -7.5% |
| Recurring financial charges | 65 | €5,714 | €5,287 | -€427 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,634 | -€21,109 | -€14,475 | -218.2% |
| Income taxes | 67/77 | €169 | - | -€169 | |
| Profit (loss) for the period | 9904 | -€6,803 | -€21,109 | -€14,306 | -210.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,803 | -€21,109 | -€14,306 | -210.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.