MERCURIUS MG: 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.
MERCURIUS MG
Largest movements
- Tangible fixed assets -€3,200
down €3,200 (-7.0%), from €45,800 to €42,600
- Debts after one year -€9,599
down €9,599 (-41.2%), from €23,322 to €13,723
- Other debts +€6,446
up €6,446 (+7.8%), from €82,661 to €89,107
- Current portion of long-term debt +€556
up €556 (+5.2%), from €10,686 to €11,242
- Gross operating margin +€673
up €673 (+13.5%), from €5,000 to €5,672
- Financial charges -€533
down €533 (-23.0%), from €2,314 to €1,782
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 | €46,609 | €43,733 | -€2,876 | -6.2% |
| Fixed assets | 21/28 | €45,800 | €42,600 | -€3,200 | -7.0% |
| Tangible fixed assets | 22/27 | €45,800 | €42,600 | -€3,200 | -7.0% |
| Land and buildings | 22 | €45,800 | €42,600 | -€3,200 | -7.0% |
| Current assets | 29/58 | €809 | €1,133 | +€324 | +40.0% |
| Amounts receivable within one year | 40/41 | €702 | €702 | = | 0.0% |
| Trade receivables | 40 | €702 | €702 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €0 | €320 | +€320 | +77,968% |
| Deferred charges and accrued income | 490/1 | €106 | €110 | +€4 | +3.7% |
| Total equity and liabilities | 10/49 | €46,609 | €43,733 | -€2,876 | -6.2% |
| Equity | 10/15 | -€70,323 | -€70,757 | -€434 | -0.6% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €5,262 | €5,262 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,262 | €2,262 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,262 | €2,262 | = | 0.0% |
| Distributable reserves | 133 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€94,585 | -€95,019 | -€434 | -0.5% |
| Amounts payable | 17/49 | €116,932 | €114,490 | -€2,442 | -2.1% |
| Amounts payable after more than one year | 17 | €23,322 | €13,723 | -€9,599 | -41.2% |
| Financial debts | 170/4 | €23,322 | €13,723 | -€9,599 | -41.2% |
| Amounts payable within one year | 42/48 | €93,610 | €100,767 | +€7,156 | +7.6% |
| Current portion of amounts payable after more than one year | 42 | €10,686 | €11,242 | +€556 | +5.2% |
| Trade debts | 44 | €263 | €417 | +€154 | +58.5% |
| Suppliers | 440/4 | €263 | €417 | +€154 | +58.5% |
| Other amounts payable | 47/48 | €82,661 | €89,107 | +€6,446 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,200 | €3,200 | = | 0.0% |
| Other operating charges | 640/8 | €1,144 | €1,124 | -€20 | -1.7% |
| Gross operating margin | 9900 | €5,000 | €5,672 | +€673 | +13.5% |
| Operating profit (loss) | 9901 | €655 | €1,348 | +€692 | +106% |
| Financial charges | 65/66B | €2,314 | €1,782 | -€533 | -23.0% |
| Recurring financial charges | 65 | €2,314 | €1,782 | -€533 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,659 | -€434 | +€1,225 | +73.8% |
| Profit (loss) for the period | 9904 | -€1,659 | -€434 | +€1,225 | +73.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,659 | -€434 | +€1,225 | +73.8% |
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 24 October 2026 via checked.be.