MG HUMBERT A: 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 HUMBERT A
Largest movements
- Receivables within one year +€22,135
up €22,135 (+46.9%), from €47,219 to €69,354
- Tangible fixed assets -€19,295
down €19,295 (-5.0%), from €386,928 to €367,633
of which Land and buildings: -€13,403
- Cash +€16,889
up €16,889 (+42.0%), from €40,182 to €57,072
mainly Net result for the year (+€48,696) and Other debts (+€47,837)
- Other debts +€47,837
up €47,837 (+5,569%), from €859 to €48,696
- Debts after one year -€29,676
down €29,676 (-8.6%), from €345,781 to €316,104
- Gross operating margin +€30,252
up €30,252 (+44.5%), from €67,943 to €98,195
- Taxes +€8,899
up €8,899 (+91.7%), from €9,700 to €18,599
- Financial income +€1,118
up €1,118 (+49.9%), from €2,240 to €3,359
- Depreciation +€1,028
up €1,028 (+5.2%), from €19,917 to €20,945
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 | €488,075 | €507,544 | +€19,469 | +4.0% |
| Fixed assets | 21/28 | €386,928 | €367,633 | -€19,295 | -5.0% |
| Tangible fixed assets | 22/27 | €386,928 | €367,633 | -€19,295 | -5.0% |
| Land and buildings | 22 | €374,958 | €361,555 | -€13,403 | -3.6% |
| Plant, machinery and equipment | 23 | - | €1,403 | +€1,403 | |
| Furniture and vehicles | 24 | €11,970 | €4,675 | -€7,295 | -60.9% |
| Current assets | 29/58 | €101,147 | €139,912 | +€38,764 | +38.3% |
| Amounts receivable within one year | 40/41 | €47,219 | €69,354 | +€22,135 | +46.9% |
| Other amounts receivable | 41 | €47,219 | €69,354 | +€22,135 | +46.9% |
| Cash at bank and in hand | 54/58 | €40,182 | €57,072 | +€16,889 | +42.0% |
| Deferred charges and accrued income | 490/1 | €13,745 | €13,486 | -€260 | -1.9% |
| Total equity and liabilities | 10/49 | €488,075 | €507,544 | +€19,469 | +4.0% |
| Equity | 10/15 | €109,800 | €109,800 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,800 | €106,800 | = | 0.0% |
| Amounts payable | 17/49 | €378,275 | €397,744 | +€19,469 | +5.1% |
| Amounts payable after more than one year | 17 | €345,781 | €316,104 | -€29,676 | -8.6% |
| Financial debts | 170/4 | €345,781 | €316,104 | -€29,676 | -8.6% |
| Amounts payable within one year | 42/48 | €32,495 | €81,588 | +€49,094 | +151% |
| Current portion of amounts payable after more than one year | 42 | €31,315 | €29,676 | -€1,638 | -5.2% |
| Trade debts | 44 | €21 | €666 | +€645 | +3,080% |
| Suppliers | 440/4 | €21 | €666 | +€645 | +3,080% |
| Taxes, remuneration and social security | 45 | €300 | €2,550 | +€2,250 | +750% |
| Taxes | 450/3 | €300 | €2,550 | +€2,250 | +750% |
| Other amounts payable | 47/48 | €859 | €48,696 | +€47,837 | +5,569% |
| Accrued charges and deferred income | 492/3 | - | €52 | +€52 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,917 | €20,945 | +€1,028 | +5.2% |
| Other operating charges | 640/8 | €1,596 | €1,700 | +€104 | +6.5% |
| Gross operating margin | 9900 | €67,943 | €98,195 | +€30,252 | +44.5% |
| Operating profit (loss) | 9901 | €46,430 | €75,550 | +€29,119 | +62.7% |
| Financial income | 75/76B | €2,240 | €3,359 | +€1,118 | +49.9% |
| Recurring financial income | 75 | €2,240 | €3,359 | +€1,118 | +49.9% |
| Financial charges | 65/66B | €12,179 | €11,614 | -€565 | -4.6% |
| Recurring financial charges | 65 | €12,179 | €11,614 | -€565 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €36,491 | €67,294 | +€30,803 | +84.4% |
| Income taxes | 67/77 | €9,700 | €18,599 | +€8,899 | +91.7% |
| Profit (loss) for the period | 9904 | €26,792 | €48,696 | +€21,904 | +81.8% |
| Profit (loss) for the period to be appropriated | 9905 | €26,792 | €48,696 | +€21,904 | +81.8% |
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 1 November 2026 via checked.be.