MG Group: 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 Group
Largest movements
- Receivables within one year -€25,373
down €25,373 (-28.0%), from €90,607 to €65,234
of which Other amounts receivable: -€13,623
- Tax, wage and social debts -€24,375
down €24,375 (-77.1%), from €31,601 to €7,226
- Other debts +€22,837
up €22,837 (+147%), from €15,560 to €38,397
- Trade debts -€21,582
down €21,582 (-91.8%), from €23,507 to €1,925
- Profit (loss) carried forward -€2,278
down €2,278 (-86.0%), from -€2,650 to -€4,928
- Gross operating margin -€26,717
down €26,717, from €25,140 to -€1,577
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 | €90,639 | €65,241 | -€25,398 | -28.0% |
| Current assets | 29/58 | €90,639 | €65,241 | -€25,398 | -28.0% |
| Amounts receivable within one year | 40/41 | €90,607 | €65,234 | -€25,373 | -28.0% |
| Trade receivables | 40 | €32,870 | €21,120 | -€11,750 | -35.7% |
| Other amounts receivable | 41 | €57,737 | €44,114 | -€13,623 | -23.6% |
| Cash at bank and in hand | 54/58 | €32 | €7 | -€25 | -78.1% |
| Total equity and liabilities | 10/49 | €90,639 | €65,241 | -€25,398 | -28.0% |
| Equity | 10/15 | €19,971 | €17,693 | -€2,278 | -11.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €4,021 | €4,021 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €2,161 | €2,161 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,650 | -€4,928 | -€2,278 | -86.0% |
| Amounts payable | 17/49 | €70,668 | €47,548 | -€23,120 | -32.7% |
| Amounts payable within one year | 42/48 | €70,668 | €47,548 | -€23,120 | -32.7% |
| Trade debts | 44 | €23,507 | €1,925 | -€21,582 | -91.8% |
| Suppliers | 440/4 | €23,507 | €1,925 | -€21,582 | -91.8% |
| Taxes, remuneration and social security | 45 | €31,601 | €7,226 | -€24,375 | -77.1% |
| Taxes | 450/3 | €31,601 | €7,226 | -€24,375 | -77.1% |
| Other amounts payable | 47/48 | €15,560 | €38,397 | +€22,837 | +147% |
| Other operating charges | 640/8 | €348 | €548 | +€200 | +57.5% |
| Gross operating margin | 9900 | €25,140 | -€1,577 | -€26,717 | |
| Operating profit (loss) | 9901 | €24,792 | -€2,125 | -€26,917 | |
| Financial charges | 65/66B | €47 | €153 | +€106 | +226% |
| Recurring financial charges | 65 | €47 | €153 | +€106 | +226% |
| Profit (loss) for the period before taxes | 9903 | €24,745 | -€2,278 | -€27,023 | |
| Profit (loss) for the period | 9904 | €24,745 | -€2,278 | -€27,023 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,745 | -€2,278 | -€27,023 |
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 24 October 2026 via checked.be.