MG CHASSIS: what changed
Two fiscal 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 CHASSIS
Largest movements
- Cash +€34,701
up €34,701 (+24.7%), from €140,215 to €174,915
mainly Net result for the year (+€42,896) and Depreciation (+€14,468)
- Receivables after one year +€25,000
new in 2024: €25,000
- Tangible fixed assets -€14,468
down €14,468 (-33.5%), from €43,128 to €28,660
of which Furniture and vehicles: -€11,580
- Deferred charges and accrued income +€7,033
up €7,033 (+472.3%), from €1,489 to €8,522
- Profit (loss) carried forward +€42,896
up €42,896 (+36.7%), from €116,728 to €159,624
- Trade debts +€6,392
up €6,392 (+6.8%), from €93,885 to €100,277
- Advances received -€6,327
down €6,327 (-11.0%), from €57,424 to €51,098
- Tax, wage and social debts +€6,167
up €6,167 (+12.4%), from €49,884 to €56,052
of which Remuneration and social security: +€10,940
- Turnover +€108,446
up €108,446 (+10.2%), from €1.1m to €1.2m
- Gross operating margin +€79,295
up €79,295 (+56.6%), from €140,093 to €219,387
- Staff costs +€46,555
up €46,555 (+48.7%), from €95,615 to €142,170
- Purchases and services +€24,666
up €24,666 (+2.6%), from €946,651 to €971,316
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €338,382 | €387,511 | +€49,129 | +14.5% |
| Fixed assets | 21/28 | €43,178 | €28,710 | -€14,468 | -33.5% |
| Tangible fixed assets | 22/27 | €43,128 | €28,660 | -€14,468 | -33.5% |
| Land and buildings | 22 | €4,444 | €3,954 | -€490 | -11.0% |
| Plant, machinery and equipment | 23 | €5,439 | €3,334 | -€2,105 | -38.7% |
| Furniture and vehicles | 24 | €30,766 | €19,186 | -€11,580 | -37.6% |
| Other tangible fixed assets | 26 | €2,479 | €2,187 | -€292 | -11.8% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €295,204 | €358,800 | +€63,596 | +21.5% |
| Amounts receivable after more than one year | 29 | - | €25,000 | +€25,000 | |
| Other amounts receivable | 291 | - | €25,000 | +€25,000 | |
| Stocks and contracts in progress | 3 | €30,068 | €30,068 | = | 0.0% |
| Stocks | 30/36 | €30,068 | €30,068 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €123,432 | €120,295 | -€3,138 | -2.5% |
| Trade receivables | 40 | €97,116 | €98,684 | +€1,568 | +1.6% |
| Other amounts receivable | 41 | €26,316 | €21,611 | -€4,705 | -17.9% |
| Cash at bank and in hand | 54/58 | €140,215 | €174,915 | +€34,701 | +24.7% |
| Deferred charges and accrued income | 490/1 | €1,489 | €8,522 | +€7,033 | +472.3% |
| Total equity and liabilities | 10/49 | €338,382 | €387,511 | +€49,129 | +14.5% |
| Equity | 10/15 | €137,188 | €180,084 | +€42,896 | +31.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €116,728 | €159,624 | +€42,896 | +36.7% |
| Amounts payable | 17/49 | €201,194 | €207,427 | +€6,233 | +3.1% |
| Amounts payable within one year | 42/48 | €201,194 | €207,427 | +€6,233 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | - | €0 | = | |
| Trade debts | 44 | €93,885 | €100,277 | +€6,392 | +6.8% |
| Suppliers | 440/4 | €93,885 | €100,277 | +€6,392 | +6.8% |
| Advances received on contracts in progress | 46 | €57,424 | €51,098 | -€6,327 | -11.0% |
| Taxes, remuneration and social security | 45 | €49,884 | €56,052 | +€6,167 | +12.4% |
| Taxes | 450/3 | €35,749 | €30,976 | -€4,773 | -13.4% |
| Remuneration and social security | 454/9 | €14,136 | €25,076 | +€10,940 | +77.4% |
| Other amounts payable | 47/48 | - | €0 | = | |
| Turnover | 70 | €1,067,389 | €1,175,835 | +€108,446 | +10.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €946,651 | €971,316 | +€24,666 | +2.6% |
| Remuneration, social security and pensions | 62 | €95,615 | €142,170 | +€46,555 | +48.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,938 | €14,468 | +€7,530 | +108.5% |
| Other operating charges | 640/8 | €1,529 | €8,692 | +€7,162 | +468.3% |
| Gross operating margin | 9900 | €140,093 | €219,387 | +€79,295 | +56.6% |
| Operating profit (loss) | 9901 | €36,010 | €54,058 | +€18,047 | +50.1% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €871 | -€1,820 | -€2,691 | |
| Recurring financial charges | 65 | €871 | -€1,820 | -€2,691 | |
| Profit (loss) for the period before taxes | 9903 | €35,141 | €55,878 | +€20,737 | +59.0% |
| Income taxes | 67/77 | €3,932 | €12,982 | +€9,050 | +230.2% |
| Profit (loss) for the period | 9904 | €31,209 | €42,896 | +€11,687 | +37.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,209 | €42,896 | +€11,687 | +37.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.