M.G. BATIMENTS: 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.
M.G. BATIMENTS
Largest movements
- Receivables within one year +€25,798
up €25,798 (+34.3%), from €75,211 to €101,009
of which Trade receivables: +€31,388
- Deferred charges and accrued income -€22,097
no longer reported in 2024 (was €22,097)
- Cash -€1,430
down €1,430 (-10.5%), from €13,613 to €12,183
mainly Receivables within one year (-€25,798) and Net result for the year (-€17,312)
- Profit (loss) carried forward -€17,312
down €17,312 (-56.6%), from €30,586 to €13,274
- Trade debts +€16,509
up €16,509 (+25.6%), from €64,610 to €81,119
- Other debts +€4,769
up €4,769 (+98.1%), from €4,862 to €9,631
- Tax, wage and social debts -€1,922
down €1,922 (-26.4%), from €7,292 to €5,370
of which Taxes: -€1,922
- Gross operating margin -€30,463
down €30,463, from €18,183 to -€12,280
- Staff costs -€3,424
no longer reported in 2024 (was €3,424)
- Depreciation -€3,375
down €3,375 (-93.7%), from €3,602 to €227
- Financial income -€1,697
down €1,697 (-99.5%), from €1,706 to €9
- Taxes -€1,054
down €1,054 (-53.6%), from €1,968 to €914
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €111,316 | €113,360 | +€2,044 | +1.8% |
| Formation expenses | 20 | €395 | €168 | -€227 | -57.5% |
| Current assets | 29/58 | €110,921 | €113,192 | +€2,271 | +2.0% |
| Amounts receivable within one year | 40/41 | €75,211 | €101,009 | +€25,798 | +34.3% |
| Trade receivables | 40 | €66,248 | €97,636 | +€31,388 | +47.4% |
| Other amounts receivable | 41 | €8,963 | €3,373 | -€5,590 | -62.4% |
| Cash at bank and in hand | 54/58 | €13,613 | €12,183 | -€1,430 | -10.5% |
| Deferred charges and accrued income | 490/1 | €22,097 | - | -€22,097 | |
| Total equity and liabilities | 10/49 | €111,316 | €113,360 | +€2,044 | +1.8% |
| Equity | 10/15 | €31,186 | €13,874 | -€17,312 | -55.5% |
| Issued capital | 100 | €6,500 | - | -€6,500 | |
| Uncalled capital | 101 | €6,500 | - | -€6,500 | |
| Reserves | 13 | €600 | €600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €600 | €600 | = | 0.0% |
| Legal reserve | 130 | €600 | €600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,586 | €13,274 | -€17,312 | -56.6% |
| Amounts payable | 17/49 | €80,130 | €99,486 | +€19,356 | +24.2% |
| Amounts payable within one year | 42/48 | €80,130 | €99,486 | +€19,356 | +24.2% |
| Trade debts | 44 | €64,610 | €81,119 | +€16,509 | +25.6% |
| Suppliers | 440/4 | €64,610 | €81,119 | +€16,509 | +25.6% |
| Advances received on contracts in progress | 46 | €3,366 | €3,366 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €7,292 | €5,370 | -€1,922 | -26.4% |
| Taxes | 450/3 | €6,973 | €5,051 | -€1,922 | -27.6% |
| Remuneration and social security | 454/9 | €319 | €319 | = | 0.0% |
| Other amounts payable | 47/48 | €4,862 | €9,631 | +€4,769 | +98.1% |
| Non-recurring operating income | 76A | €31 | - | -€31 | |
| Remuneration, social security and pensions | 62 | €3,424 | - | -€3,424 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,602 | €227 | -€3,375 | -93.7% |
| Other operating charges | 640/8 | €3,636 | €3,323 | -€313 | -8.6% |
| Non-recurring operating charges | 66A | €6 | €400 | +€394 | +6,567% |
| Gross operating margin | 9900 | €18,183 | -€12,280 | -€30,463 | |
| Operating profit (loss) | 9901 | €7,515 | -€16,230 | -€23,745 | |
| Financial income | 75/76B | €1,706 | €9 | -€1,697 | -99.5% |
| Recurring financial income | 75 | €1,706 | €9 | -€1,697 | -99.5% |
| Financial charges | 65/66B | €494 | €177 | -€317 | -64.2% |
| Recurring financial charges | 65 | €494 | €177 | -€317 | -64.2% |
| Profit (loss) for the period before taxes | 9903 | €8,727 | -€16,398 | -€25,125 | |
| Income taxes | 67/77 | €1,968 | €914 | -€1,054 | -53.6% |
| Profit (loss) for the period | 9904 | €6,759 | -€17,312 | -€24,071 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,759 | -€17,312 | -€24,071 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.