MG AUTOMATION: 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.
MG AUTOMATION
Largest movements
- Receivables within one year -€30,371
down €30,371 (-80.9%), from €37,552 to €7,182
of which Trade receivables: -€24,402
- Cash +€25,342
up €25,342 (+151%), from €16,785 to €42,126
mainly Receivables within one year (+€30,371) and Other debts (+€12,660)
- Tangible fixed assets -€1,561
down €1,561 (-45.2%), from €3,454 to €1,893
of which Furniture and vehicles: -€1,026
- Deferred charges and accrued income +€675
up €675 (+44.8%), from €1,508 to €2,183
- Profit (loss) carried forward -€15,038
down €15,038 (-96.7%), from €15,547 to €509
- Other debts +€12,660
new in 2025: €12,660
- Trade debts -€5,238
down €5,238 (-74.5%), from €7,035 to €1,797
- Tax, wage and social debts +€1,701
up €1,701 (+25.7%), from €6,617 to €8,318
- Financial charges +€67,692
up €67,692 (+2,630%), from €2,573 to €70,265
- Gross operating margin +€26,438
up €26,438 (+81.5%), from €32,430 to €58,868
- Taxes -€5,014
down €5,014 (-95.8%), from €5,236 to €222
- Depreciation -€733
down €733 (-32.0%), from €2,294 to €1,561
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 | €59,299 | €53,384 | -€5,915 | -10.0% |
| Fixed assets | 21/28 | €3,454 | €1,893 | -€1,561 | -45.2% |
| Tangible fixed assets | 22/27 | €3,454 | €1,893 | -€1,561 | -45.2% |
| Plant, machinery and equipment | 23 | €1,603 | €1,069 | -€534 | -33.3% |
| Furniture and vehicles | 24 | €1,851 | €824 | -€1,026 | -55.5% |
| Current assets | 29/58 | €55,845 | €51,491 | -€4,354 | -7.8% |
| Amounts receivable within one year | 40/41 | €37,552 | €7,182 | -€30,371 | -80.9% |
| Trade receivables | 40 | €25,041 | €639 | -€24,402 | -97.4% |
| Other amounts receivable | 41 | €12,511 | €6,543 | -€5,969 | -47.7% |
| Cash at bank and in hand | 54/58 | €16,785 | €42,126 | +€25,342 | +151% |
| Deferred charges and accrued income | 490/1 | €1,508 | €2,183 | +€675 | +44.8% |
| Total equity and liabilities | 10/49 | €59,299 | €53,384 | -€5,915 | -10.0% |
| Equity | 10/15 | €39,647 | €24,609 | -€15,038 | -37.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €19,100 | €19,100 | = | 0.0% |
| Distributable reserves | 133 | €19,100 | €19,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,547 | €509 | -€15,038 | -96.7% |
| Amounts payable | 17/49 | €19,652 | €28,775 | +€9,123 | +46.4% |
| Amounts payable within one year | 42/48 | €19,652 | €28,775 | +€9,123 | +46.4% |
| Current portion of amounts payable after more than one year | 42 | €6,000 | €6,000 | = | 0.0% |
| Trade debts | 44 | €7,035 | €1,797 | -€5,238 | -74.5% |
| Suppliers | 440/4 | €7,035 | €1,797 | -€5,238 | -74.5% |
| Taxes, remuneration and social security | 45 | €6,617 | €8,318 | +€1,701 | +25.7% |
| Taxes | 450/3 | €6,617 | €8,318 | +€1,701 | +25.7% |
| Other amounts payable | 47/48 | - | €12,660 | +€12,660 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,294 | €1,561 | -€733 | -32.0% |
| Other operating charges | 640/8 | €1,492 | €1,858 | +€367 | +24.6% |
| Gross operating margin | 9900 | €32,430 | €58,868 | +€26,438 | +81.5% |
| Operating profit (loss) | 9901 | €28,644 | €55,449 | +€26,805 | +93.6% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €2,573 | €70,265 | +€67,692 | +2,630% |
| Recurring financial charges | 65 | €2,573 | €70,265 | +€67,692 | +2,630% |
| Profit (loss) for the period before taxes | 9903 | €26,080 | -€14,816 | -€40,897 | |
| Income taxes | 67/77 | €5,236 | €222 | -€5,014 | -95.8% |
| Profit (loss) for the period | 9904 | €20,845 | -€15,038 | -€35,883 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,845 | -€15,038 | -€35,883 |
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 17 October 2026 via checked.be.