MG BOIS: 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 BOIS
Largest movements
- Cash -€35,022
down €35,022 (-94.9%), from €36,886 to €1,864
mainly Receivables within one year (-€16,902) and Trade debts (-€15,960)
- Receivables within one year +€16,902
up €16,902 (+50.7%), from €33,317 to €50,219
of which Trade receivables: +€14,766
- Tangible fixed assets -€10,242
down €10,242 (-7.3%), from €140,302 to €130,060
- Trade debts -€15,960
down €15,960 (-29.4%), from €54,224 to €38,264
- Debts after one year -€14,190
down €14,190 (-10.8%), from €131,011 to €116,821
- Profit (loss) carried forward +€7,557
up €7,557 (+36.7%), from -€20,588 to -€13,031
- Tax, wage and social debts -€6,872
down €6,872 (-36.0%), from €19,075 to €12,203
of which Remuneration and social security: -€5,339
- Purchases and services -€122,220
no longer reported in 2025 (was €122,220)
- Staff costs -€50,266
down €50,266 (-42.0%), from €119,606 to €69,340
- Gross operating margin -€22,711
down €22,711 (-19.2%), from €118,087 to €95,376
- Financial charges -€1,756
down €1,756 (-21.6%), from €8,132 to €6,376
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 | €210,505 | €182,143 | -€28,362 | -13.5% |
| Fixed assets | 21/28 | €140,302 | €130,060 | -€10,242 | -7.3% |
| Tangible fixed assets | 22/27 | €140,302 | €130,060 | -€10,242 | -7.3% |
| Land and buildings | 22 | €128,098 | €123,554 | -€4,544 | -3.5% |
| Plant, machinery and equipment | 23 | €6,535 | €3,266 | -€3,270 | -50.0% |
| Furniture and vehicles | 24 | €5,669 | €3,240 | -€2,429 | -42.8% |
| Current assets | 29/58 | €70,203 | €52,082 | -€18,121 | -25.8% |
| Amounts receivable within one year | 40/41 | €33,317 | €50,219 | +€16,902 | +50.7% |
| Trade receivables | 40 | €31,818 | €46,585 | +€14,766 | +46.4% |
| Other amounts receivable | 41 | €1,499 | €3,634 | +€2,135 | +142% |
| Cash at bank and in hand | 54/58 | €36,886 | €1,864 | -€35,022 | -94.9% |
| Total equity and liabilities | 10/49 | €210,505 | €182,143 | -€28,362 | -13.5% |
| Equity | 10/15 | -€19,088 | -€11,531 | +€7,557 | +39.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Capital | 10 | €1,500 | €1,500 | = | 0.0% |
| Issued capital | 100 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,588 | -€13,031 | +€7,557 | +36.7% |
| Amounts payable | 17/49 | €229,593 | €193,674 | -€35,919 | -15.6% |
| Amounts payable after more than one year | 17 | €131,011 | €116,821 | -€14,190 | -10.8% |
| Financial debts | 170/4 | €131,011 | €116,821 | -€14,190 | -10.8% |
| Amounts payable within one year | 42/48 | €98,582 | €76,853 | -€21,729 | -22.0% |
| Current portion of amounts payable after more than one year | 42 | €14,918 | €16,640 | +€1,721 | +11.5% |
| Trade debts | 44 | €54,224 | €38,264 | -€15,960 | -29.4% |
| Suppliers | 440/4 | €54,224 | €38,264 | -€15,960 | -29.4% |
| Taxes, remuneration and social security | 45 | €19,075 | €12,203 | -€6,872 | -36.0% |
| Taxes | 450/3 | €2,098 | €564 | -€1,534 | -73.1% |
| Remuneration and social security | 454/9 | €16,978 | €11,639 | -€5,339 | -31.4% |
| Other amounts payable | 47/48 | €10,364 | €9,746 | -€618 | -6.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €122,220 | - | -€122,220 | |
| Remuneration, social security and pensions | 62 | €119,606 | €69,340 | -€50,266 | -42.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,353 | €11,862 | -€491 | -4.0% |
| Other operating charges | 640/8 | €1,270 | €240 | -€1,030 | -81.1% |
| Gross operating margin | 9900 | €118,087 | €95,376 | -€22,711 | -19.2% |
| Operating profit (loss) | 9901 | -€15,143 | €13,933 | +€29,076 | |
| Financial charges | 65/66B | €8,132 | €6,376 | -€1,756 | -21.6% |
| Recurring financial charges | 65 | €8,132 | €6,376 | -€1,756 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | -€23,275 | €7,557 | +€30,832 | |
| Profit (loss) for the period | 9904 | -€23,275 | €7,557 | +€30,832 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,275 | €7,557 | +€30,832 |
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 16 October 2026 via checked.be.