M&G EVENTS: what changed
M&G EVENTS
Largest movements
- Cash -€81,516
down €81,516 (-69.7%), from €117,010 to €35,494
mainly Trade debts (-€109,646) and Net result for the year (-€27,053)
- Receivables within one year -€53,994
down €53,994 (-45.9%), from €117,576 to €63,582
of which Other amounts receivable: -€56,535
- Stocks and contracts +€21,815
up €21,815 (+31.2%), from €69,997 to €91,812
- Tangible fixed assets -€18,177
down €18,177 (-24.7%), from €73,620 to €55,443
of which Other tangible fixed assets: -€15,933
- Deferred charges and accrued income -€4,227
no longer reported in 2025 (was €4,227)
- Trade debts -€109,646
down €109,646 (-55.9%), from €196,156 to €86,510
- Profit (loss) carried forward -€27,053
down €27,053 (-37.7%), from €71,729 to €44,676
- Tax, wage and social debts +€14,031
up €14,031 (+22.9%), from €61,155 to €75,186
of which Remuneration and social security: +€26,295
- Advances received -€6,880
no longer reported in 2025 (was €6,880)
- Other debts -€6,551
down €6,551 (-89.7%), from €7,300 to €749
- Gross operating margin +€113,951
up €113,951 (+42.4%), from €268,793 to €382,744
- Staff costs +€113,058
up €113,058 (+51.9%), from €217,963 to €331,021
- Other operating charges +€41,557
up €41,557 (+6,926%), from €600 to €42,157
- Depreciation -€3,908
down €3,908 (-17.7%), from €22,085 to €18,177
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 | €382,430 | €246,331 | -€136,099 | -35.6% |
| Fixed assets | 21/28 | €73,620 | €55,443 | -€18,177 | -24.7% |
| Tangible fixed assets | 22/27 | €73,620 | €55,443 | -€18,177 | -24.7% |
| Plant, machinery and equipment | 23 | €2,778 | €1,629 | -€1,149 | -41.4% |
| Furniture and vehicles | 24 | €1,412 | €317 | -€1,096 | -77.6% |
| Other tangible fixed assets | 26 | €69,430 | €53,497 | -€15,933 | -22.9% |
| Current assets | 29/58 | €308,810 | €190,888 | -€117,922 | -38.2% |
| Stocks and contracts in progress | 3 | €69,997 | €91,812 | +€21,815 | +31.2% |
| Stocks | 30/36 | €69,997 | €91,812 | +€21,815 | +31.2% |
| Amounts receivable within one year | 40/41 | €117,576 | €63,582 | -€53,994 | -45.9% |
| Trade receivables | 40 | €55,842 | €58,382 | +€2,541 | +4.6% |
| Other amounts receivable | 41 | €61,735 | €5,200 | -€56,535 | -91.6% |
| Cash at bank and in hand | 54/58 | €117,010 | €35,494 | -€81,516 | -69.7% |
| Deferred charges and accrued income | 490/1 | €4,227 | - | -€4,227 | |
| Total equity and liabilities | 10/49 | €382,430 | €246,331 | -€136,099 | -35.6% |
| Equity | 10/15 | €110,939 | €83,886 | -€27,053 | -24.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,610 | €20,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,729 | €44,676 | -€27,053 | -37.7% |
| Amounts payable | 17/49 | €271,491 | €162,445 | -€109,047 | -40.2% |
| Amounts payable within one year | 42/48 | €271,491 | €162,445 | -€109,047 | -40.2% |
| Trade debts | 44 | €196,156 | €86,510 | -€109,646 | -55.9% |
| Suppliers | 440/4 | €196,156 | €86,510 | -€109,646 | -55.9% |
| Advances received on contracts in progress | 46 | €6,880 | - | -€6,880 | |
| Taxes, remuneration and social security | 45 | €61,155 | €75,186 | +€14,031 | +22.9% |
| Taxes | 450/3 | €32,955 | €20,691 | -€12,264 | -37.2% |
| Remuneration and social security | 454/9 | €28,200 | €54,495 | +€26,295 | +93.2% |
| Other amounts payable | 47/48 | €7,300 | €749 | -€6,551 | -89.7% |
| Remuneration, social security and pensions | 62 | €217,963 | €331,021 | +€113,058 | +51.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,085 | €18,177 | -€3,908 | -17.7% |
| Other operating charges | 640/8 | €600 | €42,157 | +€41,557 | +6,926% |
| Gross operating margin | 9900 | €268,793 | €382,744 | +€113,951 | +42.4% |
| Operating profit (loss) | 9901 | €28,146 | -€8,611 | -€36,757 | |
| Financial income | 75/76B | €1,620 | - | -€1,620 | |
| Recurring financial income | 75 | €1,620 | - | -€1,620 | |
| Financial charges | 65/66B | €17,798 | €18,442 | +€644 | +3.6% |
| Recurring financial charges | 65 | €17,798 | €18,442 | +€644 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €11,968 | -€27,053 | -€39,020 | |
| Profit (loss) for the period | 9904 | €11,968 | -€27,053 | -€39,020 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,968 | -€27,053 | -€39,020 |
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 3 November 2026 via checked.be.