MG CORP: 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 CORP
Largest movements
- Receivables within one year +€6,239
up €6,239 (+9.9%), from €63,240 to €69,479
- Cash +€3,898
up €3,898 (+32.4%), from €12,038 to €15,936
mainly Other debts (+€26,047) and Depreciation (+€896)
- Other debts +€26,047
up €26,047 (+72.0%), from €36,194 to €62,241
- Profit (loss) carried forward -€11,122
down €11,122 (-42.1%), from €26,433 to €15,311
- Trade debts -€2,293
down €2,293 (-42.3%), from €5,422 to €3,129
- Tax, wage and social debts -€1,839
down €1,839 (-28.3%), from €6,487 to €4,648
- Financial charges +€54,284
up €54,284 (+3554.6%), from €1,527 to €55,811
- Gross operating margin +€28,290
up €28,290 (+153.1%), from €18,479 to €46,768
- Other operating charges -€2,464
down €2,464 (-71.4%), from €3,451 to €987
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.
Cash bridge derived
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 | €77,037 | €87,329 | +€10,293 | +13.4% |
| Fixed assets | 21/28 | €1,115 | €1,914 | +€799 | +71.7% |
| Tangible fixed assets | 22/27 | €1,115 | €1,914 | +€799 | +71.7% |
| Furniture and vehicles | 24 | €1,115 | €1,914 | +€799 | +71.7% |
| Current assets | 29/58 | €75,922 | €85,415 | +€9,493 | +12.5% |
| Amounts receivable within one year | 40/41 | €63,240 | €69,479 | +€6,239 | +9.9% |
| Trade receivables | 40 | €63,240 | €69,479 | +€6,239 | +9.9% |
| Cash at bank and in hand | 54/58 | €12,038 | €15,936 | +€3,898 | +32.4% |
| Deferred charges and accrued income | 490/1 | €644 | - | -€644 | |
| Total equity and liabilities | 10/49 | €77,037 | €87,329 | +€10,293 | +13.4% |
| Equity | 10/15 | €28,433 | €17,311 | -€11,122 | -39.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,433 | €15,311 | -€11,122 | -42.1% |
| Amounts payable | 17/49 | €48,603 | €70,018 | +€21,415 | +44.1% |
| Amounts payable within one year | 42/48 | €48,103 | €70,018 | +€21,915 | +45.6% |
| Trade debts | 44 | €5,422 | €3,129 | -€2,293 | -42.3% |
| Suppliers | 440/4 | €5,422 | €3,129 | -€2,293 | -42.3% |
| Taxes, remuneration and social security | 45 | €6,487 | €4,648 | -€1,839 | -28.3% |
| Taxes | 450/3 | €6,487 | €4,648 | -€1,839 | -28.3% |
| Other amounts payable | 47/48 | €36,194 | €62,241 | +€26,047 | +72.0% |
| Accrued charges and deferred income | 492/3 | €500 | - | -€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €502 | €896 | +€394 | +78.5% |
| Other operating charges | 640/8 | €3,451 | €987 | -€2,464 | -71.4% |
| Gross operating margin | 9900 | €18,479 | €46,768 | +€28,290 | +153.1% |
| Operating profit (loss) | 9901 | €14,526 | €44,886 | +€30,360 | +209.0% |
| Financial charges | 65/66B | €1,527 | €55,811 | +€54,284 | +3554.6% |
| Recurring financial charges | 65 | €1,527 | €55,811 | +€54,284 | +3554.6% |
| Profit (loss) for the period before taxes | 9903 | €12,999 | -€10,925 | -€23,924 | |
| Income taxes | 67/77 | €187 | €197 | +€10 | +5.5% |
| Profit (loss) for the period | 9904 | €12,812 | -€11,122 | -€23,934 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,812 | -€11,122 | -€23,934 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.