MPJ: 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.
MPJ
Largest movements
- Receivables within one year -€374
down €374 (-2.8%), from €13,542 to €13,168
of which Trade receivables: -€1,000
- Profit (loss) carried forward -€5,067
down €5,067 (-7.9%), from -€63,841 to -€68,908
- Other debts +€4,000
up €4,000 (+127.5%), from €3,138 to €7,138
- Trade debts +€1,394
up €1,394 (+3.8%), from €36,670 to €38,064
- Tax, wage and social debts -€1,000
down €1,000 (-100.0%), from €1,000 to €0
of which Remuneration and social security: -€1,000
- Short-term financial debts +€335
up €335 (+7.2%), from €4,633 to €4,968
- Staff costs -€34,332
down €34,332 (-98.2%), from €34,963 to €631
- Gross operating margin -€25,423
down €25,423, from €22,695 to -€2,728
- Financial charges +€260
up €260 (+29.0%), from €898 to €1,158
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 | €14,333 | €13,996 | -€337 | -2.3% |
| Current assets | 29/58 | €14,333 | €13,996 | -€337 | -2.3% |
| Amounts receivable within one year | 40/41 | €13,542 | €13,168 | -€374 | -2.8% |
| Trade receivables | 40 | €4,892 | €3,892 | -€1,000 | -20.4% |
| Other amounts receivable | 41 | €8,650 | €9,276 | +€626 | +7.2% |
| Cash at bank and in hand | 54/58 | €790 | €790 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | - | €38 | +€38 | |
| Total equity and liabilities | 10/49 | €14,333 | €13,996 | -€337 | -2.3% |
| Equity | 10/15 | -€32,841 | -€37,908 | -€5,067 | -15.4% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,841 | -€68,908 | -€5,067 | -7.9% |
| Amounts payable | 17/49 | €47,173 | €51,904 | +€4,731 | +10.0% |
| Amounts payable after more than one year | 17 | €1,644 | €1,644 | = | 0.0% |
| Other amounts payable | 178/9 | €1,644 | €1,644 | = | 0.0% |
| Amounts payable within one year | 42/48 | €45,441 | €50,170 | +€4,729 | +10.4% |
| Financial debts | 43 | €4,633 | €4,968 | +€335 | +7.2% |
| Credit institutions | 430/8 | €4,633 | €4,968 | +€335 | +7.2% |
| Trade debts | 44 | €36,670 | €38,064 | +€1,394 | +3.8% |
| Suppliers | 440/4 | €36,670 | €38,064 | +€1,394 | +3.8% |
| Taxes, remuneration and social security | 45 | €1,000 | €0 | -€1,000 | -100.0% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €1,000 | €0 | -€1,000 | -100.0% |
| Other amounts payable | 47/48 | €3,138 | €7,138 | +€4,000 | +127.5% |
| Accrued charges and deferred income | 492/3 | €88 | €89 | +€2 | +1.9% |
| Non-recurring operating income | 76A | €502 | €48 | -€453 | -90.4% |
| Remuneration, social security and pensions | 62 | €34,963 | €631 | -€34,332 | -98.2% |
| Other operating charges | 640/8 | €537 | €551 | +€14 | +2.6% |
| Gross operating margin | 9900 | €22,695 | -€2,728 | -€25,423 | |
| Operating profit (loss) | 9901 | -€12,805 | -€3,910 | +€8,896 | +69.5% |
| Financial charges | 65/66B | €898 | €1,158 | +€260 | +29.0% |
| Recurring financial charges | 65 | €898 | €1,158 | +€260 | +29.0% |
| Profit (loss) for the period before taxes | 9903 | -€13,703 | -€5,067 | +€8,636 | +63.0% |
| Profit (loss) for the period | 9904 | -€13,703 | -€5,067 | +€8,636 | +63.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,703 | -€5,067 | +€8,636 | +63.0% |
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.