M&G CLEANING: 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 CLEANING
Largest movements
- Receivables within one year +€329,174
up €329,174 (+34.5%), from €953,471 to €1.3m
of which Trade receivables: +€237,797
- Cash +€63,379
up €63,379 (+10.9%), from €579,935 to €643,314
mainly Trade debts (+€217,593) and Depreciation (+€154,193)
- Tangible fixed assets +€46,287
up €46,287 (+25.4%), from €182,287 to €228,574
of which Leasing and similar rights: +€32,163
- Trade debts +€217,593
up €217,593 (+121.3%), from €179,431 to €397,024
- Current portion of long-term debt +€104,829
up €104,829 (+105.2%), from €99,652 to €204,481
- Reserves +€100,000
up €100,000 (+33.0%), from €302,753 to €402,753
of which Non-distributable reserves: +€100,000
- Profit (loss) carried forward +€54,175
up €54,175 (+8.6%), from €627,671 to €681,846
- Tax, wage and social debts -€47,153
down €47,153 (-13.6%), from €347,324 to €300,171
of which Taxes: -€66,985
- Turnover +€1.4m
up €1.4m (+31.7%), from €4.4m to €5.7m
- Purchases and services +€907,133
up €907,133 (+39.3%), from €2.3m to €3.2m
- Gross operating margin +€470,618
up €470,618 (+23.0%), from €2.0m to €2.5m
- Staff costs +€467,279
up €467,279 (+29.7%), from €1.6m to €2.0m
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 | €1,819,928 | €2,258,768 | +€438,840 | +24.1% |
| Fixed assets | 21/28 | €286,523 | €332,809 | +€46,287 | +16.2% |
| Tangible fixed assets | 22/27 | €182,287 | €228,574 | +€46,287 | +25.4% |
| Plant, machinery and equipment | 23 | €20,053 | €25,175 | +€5,122 | +25.5% |
| Furniture and vehicles | 24 | €15,324 | €9,665 | -€5,659 | -36.9% |
| Leasing and similar rights | 25 | €127,226 | €159,389 | +€32,163 | +25.3% |
| Other tangible fixed assets | 26 | €19,684 | €34,346 | +€14,662 | +74.5% |
| Financial fixed assets | 28 | €104,235 | €104,235 | = | 0.0% |
| Current assets | 29/58 | €1,533,405 | €1,925,959 | +€392,553 | +25.6% |
| Amounts receivable within one year | 40/41 | €953,471 | €1,282,645 | +€329,174 | +34.5% |
| Trade receivables | 40 | €767,182 | €1,004,979 | +€237,797 | +31.0% |
| Other amounts receivable | 41 | €186,289 | €277,666 | +€91,377 | +49.1% |
| Cash at bank and in hand | 54/58 | €579,935 | €643,314 | +€63,379 | +10.9% |
| Total equity and liabilities | 10/49 | €1,819,928 | €2,258,768 | +€438,840 | +24.1% |
| Equity | 10/15 | €949,423 | €1,103,599 | +€154,175 | +16.2% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Contributions outside capital | 11 | €19,000 | €19,000 | = | 0.0% |
| Share premium | 1100/10 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €302,753 | €402,753 | +€100,000 | +33.0% |
| Non-distributable reserves | 130/1 | €101,900 | €201,900 | +€100,000 | +98.1% |
| Reserves not available under the articles | 1311 | €101,900 | €201,900 | +€100,000 | +98.1% |
| Distributable reserves | 133 | €200,853 | €200,853 | = | 0.0% |
| Profit (loss) carried forward | 14 | €627,671 | €681,846 | +€54,175 | +8.6% |
| Amounts payable | 17/49 | €870,505 | €1,155,169 | +€284,665 | +32.7% |
| Amounts payable after more than one year | 17 | €244,098 | €253,493 | +€9,395 | +3.8% |
| Financial debts | 170/4 | €207,597 | €216,992 | +€9,395 | +4.5% |
| Other amounts payable | 178/9 | €36,501 | €36,501 | = | 0.0% |
| Amounts payable within one year | 42/48 | €626,407 | €901,676 | +€275,269 | +43.9% |
| Current portion of amounts payable after more than one year | 42 | €99,652 | €204,481 | +€104,829 | +105.2% |
| Trade debts | 44 | €179,431 | €397,024 | +€217,593 | +121.3% |
| Suppliers | 440/4 | €179,431 | €397,024 | +€217,593 | +121.3% |
| Taxes, remuneration and social security | 45 | €347,324 | €300,171 | -€47,153 | -13.6% |
| Taxes | 450/3 | €173,712 | €106,728 | -€66,985 | -38.6% |
| Remuneration and social security | 454/9 | €173,612 | €193,443 | +€19,832 | +11.4% |
| Turnover | 70 | €4,352,127 | €5,729,877 | +€1.4m | +31.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,305,321 | €3,212,454 | +€907,133 | +39.3% |
| Remuneration, social security and pensions | 62 | €1,573,583 | €2,040,863 | +€467,279 | +29.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144,882 | €154,193 | +€9,311 | +6.4% |
| Other operating charges | 640/8 | €21,807 | €29,309 | +€7,502 | +34.4% |
| Gross operating margin | 9900 | €2,046,806 | €2,517,423 | +€470,618 | +23.0% |
| Operating profit (loss) | 9901 | €306,534 | €293,060 | -€13,474 | -4.4% |
| Financial income | 75/76B | €7,147 | €30 | -€7,118 | -99.6% |
| Recurring financial income | 75 | €7,147 | €30 | -€7,118 | -99.6% |
| Financial charges | 65/66B | €23,222 | €32,712 | +€9,490 | +40.9% |
| Recurring financial charges | 65 | €18,628 | €24,208 | +€5,580 | +30.0% |
| Non-recurring financial charges | 66B | €4,594 | €8,504 | +€3,910 | +85.1% |
| Profit (loss) for the period before taxes | 9903 | €290,460 | €260,378 | -€30,082 | -10.4% |
| Income taxes | 67/77 | €80,767 | €106,202 | +€25,435 | +31.5% |
| Profit (loss) for the period | 9904 | €209,692 | €154,175 | -€55,517 | -26.5% |
| Profit (loss) for the period to be appropriated | 9905 | €209,692 | €154,175 | -€55,517 | -26.5% |
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 11 October 2026 via checked.be.