MG DECOR: 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 DECOR
Largest movements
- Receivables within one year +€154,375
up €154,375 (+309.7%), from €49,841 to €204,216
of which Other amounts receivable: +€83,105
- Current investments -€10,808
down €10,808 (-37.5%), from €28,791 to €17,983
- Tangible fixed assets +€5,461
up €5,461 (+37.4%), from €14,595 to €20,056
- Trade debts +€46,328
up €46,328 (+153.9%), from €30,110 to €76,438
- Profit (loss) carried forward +€40,035
up €40,035 (+107.5%), from €37,242 to €77,277
- Accrued charges and deferred income +€38,800
up €38,800 (+572.6%), from €6,776 to €45,576
- Tax, wage and social debts +€25,295
up €25,295 (+128.5%), from €19,692 to €44,987
of which Taxes: +€19,351
- Gross operating margin +€64,905
up €64,905 (+82.7%), from €78,492 to €143,397
- Staff costs +€52,830
up €52,830 (+360.3%), from €14,662 to €67,492
- Taxes +€6,283
up €6,283 (+53.9%), from €11,663 to €17,946
- Depreciation +€5,451
up €5,451 (+96.9%), from €5,626 to €11,077
- Other operating charges -€5,022
down €5,022 (-55.5%), from €9,046 to €4,024
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,820 | €244,278 | +€150,458 | +160.4% |
| Fixed assets | 21/28 | €14,595 | €20,341 | +€5,746 | +39.4% |
| Tangible fixed assets | 22/27 | €14,595 | €20,056 | +€5,461 | +37.4% |
| Furniture and vehicles | 24 | €14,595 | €20,056 | +€5,461 | +37.4% |
| Financial fixed assets | 28 | - | €285 | +€285 | |
| Current assets | 29/58 | €79,225 | €223,937 | +€144,712 | +182.7% |
| Amounts receivable within one year | 40/41 | €49,841 | €204,216 | +€154,375 | +309.7% |
| Trade receivables | 40 | €24,995 | €96,265 | +€71,270 | +285.1% |
| Other amounts receivable | 41 | €24,846 | €107,951 | +€83,105 | +334.5% |
| Current investments | 50/53 | €28,791 | €17,983 | -€10,808 | -37.5% |
| Deferred charges and accrued income | 490/1 | €593 | €1,738 | +€1,145 | +193.1% |
| Total equity and liabilities | 10/49 | €93,820 | €244,278 | +€150,458 | +160.4% |
| Equity | 10/15 | €37,242 | €77,277 | +€40,035 | +107.5% |
| Contributions | 10/11 | €0 | €0 | = | |
| Capital | 10 | €0 | €0 | = | |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Uncalled capital | 101 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,242 | €77,277 | +€40,035 | +107.5% |
| Amounts payable | 17/49 | €56,578 | €167,001 | +€110,423 | +195.2% |
| Amounts payable within one year | 42/48 | €49,802 | €121,425 | +€71,623 | +143.8% |
| Trade debts | 44 | €30,110 | €76,438 | +€46,328 | +153.9% |
| Suppliers | 440/4 | €30,110 | €76,438 | +€46,328 | +153.9% |
| Taxes, remuneration and social security | 45 | €19,692 | €44,987 | +€25,295 | +128.5% |
| Taxes | 450/3 | €12,789 | €32,140 | +€19,351 | +151.3% |
| Remuneration and social security | 454/9 | €6,903 | €12,847 | +€5,944 | +86.1% |
| Accrued charges and deferred income | 492/3 | €6,776 | €45,576 | +€38,800 | +572.6% |
| Remuneration, social security and pensions | 62 | €14,662 | €67,492 | +€52,830 | +360.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,626 | €11,077 | +€5,451 | +96.9% |
| Other operating charges | 640/8 | €9,046 | €4,024 | -€5,022 | -55.5% |
| Gross operating margin | 9900 | €78,492 | €143,397 | +€64,905 | +82.7% |
| Operating profit (loss) | 9901 | €49,158 | €60,804 | +€11,646 | +23.7% |
| Financial income | 75/76B | €100 | - | -€100 | |
| Recurring financial income | 75 | €100 | - | -€100 | |
| Financial charges | 65/66B | €353 | €2,823 | +€2,470 | +699.7% |
| Recurring financial charges | 65 | €353 | €2,823 | +€2,470 | +699.7% |
| Profit (loss) for the period before taxes | 9903 | €48,905 | €57,981 | +€9,076 | +18.6% |
| Income taxes | 67/77 | €11,663 | €17,946 | +€6,283 | +53.9% |
| Profit (loss) for the period | 9904 | €37,242 | €40,035 | +€2,793 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €37,242 | €40,035 | +€2,793 | +7.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.