M.G TECHNOCONFORT: 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 TECHNOCONFORT
Largest movements
- Receivables within one year -€60,824
down €60,824 (-31.7%), from €191,869 to €131,045
of which Trade receivables: -€53,416
- Cash +€12,541
up €12,541 (+161%), from €7,809 to €20,350
mainly Receivables within one year (+€60,824) and Net result for the year (+€38,616)
- Deferred charges and accrued income +€2,989
up €2,989 (+1,063%), from €281 to €3,270
- Trade debts -€104,073
down €104,073 (-57.1%), from €182,338 to €78,265
- Profit (loss) carried forward +€38,616
up €38,616 (+328%), from €11,774 to €50,390
- Tax, wage and social debts +€17,798
up €17,798 (+238%), from €7,464 to €25,262
of which Taxes: +€11,490
- Turnover +€1.5m
new in 2025: €1.5m
- Purchases and services +€1.4m
new in 2025: €1.4m
- Gross operating margin +€82,383
up €82,383, from -€19,029 to €63,353
- Financial charges +€21,383
up €21,383 (+1,725%), from €1,240 to €22,623
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.
Derived cash bridge
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 | €202,075 | €155,905 | -€46,171 | -22.8% |
| Fixed assets | 21/28 | €2,117 | €1,240 | -€877 | -41.4% |
| Tangible fixed assets | 22/27 | €1,681 | €804 | -€877 | -52.2% |
| Plant, machinery and equipment | 23 | €1,681 | €804 | -€877 | -52.2% |
| Financial fixed assets | 28 | €436 | €436 | = | 0.0% |
| Current assets | 29/58 | €199,959 | €154,665 | -€45,294 | -22.7% |
| Amounts receivable within one year | 40/41 | €191,869 | €131,045 | -€60,824 | -31.7% |
| Trade receivables | 40 | €181,674 | €128,257 | -€53,416 | -29.4% |
| Other amounts receivable | 41 | €10,195 | €2,788 | -€7,407 | -72.7% |
| Cash at bank and in hand | 54/58 | €7,809 | €20,350 | +€12,541 | +161% |
| Deferred charges and accrued income | 490/1 | €281 | €3,270 | +€2,989 | +1,063% |
| Total equity and liabilities | 10/49 | €202,075 | €155,905 | -€46,171 | -22.8% |
| Equity | 10/15 | €12,274 | €50,890 | +€38,616 | +315% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,774 | €50,390 | +€38,616 | +328% |
| Amounts payable | 17/49 | €189,802 | €105,015 | -€84,787 | -44.7% |
| Amounts payable within one year | 42/48 | €189,802 | €105,015 | -€84,787 | -44.7% |
| Trade debts | 44 | €182,338 | €78,265 | -€104,073 | -57.1% |
| Suppliers | 440/4 | €182,338 | €78,265 | -€104,073 | -57.1% |
| Taxes, remuneration and social security | 45 | €7,464 | €25,262 | +€17,798 | +238% |
| Taxes | 450/3 | €6,639 | €18,129 | +€11,490 | +173% |
| Remuneration and social security | 454/9 | €825 | €7,133 | +€6,308 | +765% |
| Other amounts payable | 47/48 | - | €1,488 | +€1,488 | |
| Turnover | 70 | - | €1,452,877 | +€1.5m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,389,698 | +€1.4m | |
| Remuneration, social security and pensions | 62 | - | €480 | +€480 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €877 | €877 | = | 0.0% |
| Other operating charges | 640/8 | €1,067 | €992 | -€75 | -7.1% |
| Gross operating margin | 9900 | -€19,029 | €63,353 | +€82,383 | |
| Operating profit (loss) | 9901 | -€20,973 | €61,005 | +€81,978 | |
| Financial income | 75/76B | €1,753 | €234 | -€1,519 | -86.6% |
| Recurring financial income | 75 | €1,753 | €234 | -€1,519 | -86.6% |
| Financial charges | 65/66B | €1,240 | €22,623 | +€21,383 | +1,725% |
| Recurring financial charges | 65 | €1,240 | €22,623 | +€21,383 | +1,725% |
| Profit (loss) for the period before taxes | 9903 | -€20,460 | €38,616 | +€59,076 | |
| Profit (loss) for the period | 9904 | -€20,460 | €38,616 | +€59,076 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,460 | €38,616 | +€59,076 |
Source: filed annual accounts (NBB), financial years ended 31 January 2024 and 31 January 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.