MG PROMOTION: 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 PROMOTION
Largest movements
- Receivables within one year -€10,721
down €10,721 (-8.6%), from €124,098 to €113,377
of which Trade receivables: -€11,819
- Tax, wage and social debts -€25,010
down €25,010 (-45.2%), from €55,332 to €30,322
of which Taxes: -€23,860
- Other debts +€11,962
up €11,962 (+2,136%), from €560 to €12,522
- Trade debts +€2,078
up €2,078 (+106%), from €1,957 to €4,035
- Reserves +€1,997
up €1,997 (+6.5%), from €30,929 to €32,926
of which Distributable reserves: +€1,997
- Gross operating margin -€2,699
down €2,699 (-26.5%), from €10,173 to €7,474
- Other operating charges -€1,059
down €1,059 (-61.9%), from €1,712 to €653
- Depreciation -€561
down €561 (-17.4%), from €3,218 to €2,657
- Taxes -€206
down €206 (-13.5%), from €1,527 to €1,321
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 | €149,228 | €140,257 | -€8,971 | -6.0% |
| Fixed assets | 21/28 | €15,531 | €15,931 | +€400 | +2.6% |
| Tangible fixed assets | 22/27 | €15,531 | €15,931 | +€400 | +2.6% |
| Furniture and vehicles | 24 | €2,775 | €4,619 | +€1,844 | +66.5% |
| Other tangible fixed assets | 26 | €12,756 | €11,312 | -€1,444 | -11.3% |
| Current assets | 29/58 | €133,697 | €124,326 | -€9,371 | -7.0% |
| Amounts receivable within one year | 40/41 | €124,098 | €113,377 | -€10,721 | -8.6% |
| Trade receivables | 40 | €123,517 | €111,698 | -€11,819 | -9.6% |
| Other amounts receivable | 41 | €581 | €1,679 | +€1,098 | +189% |
| Cash at bank and in hand | 54/58 | €7,337 | €7,289 | -€48 | -0.7% |
| Deferred charges and accrued income | 490/1 | €2,262 | €3,660 | +€1,398 | +61.8% |
| Total equity and liabilities | 10/49 | €149,228 | €140,257 | -€8,971 | -6.0% |
| Equity | 10/15 | €91,379 | €93,376 | +€1,997 | +2.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €30,929 | €32,926 | +€1,997 | +6.5% |
| Non-distributable reserves | 130/1 | €1,988 | €1,988 | = | 0.0% |
| Reserves not available under the articles | 1311 | €488 | €488 | = | 0.0% |
| Other | 1319 | €1,500 | €1,500 | = | 0.0% |
| Distributable reserves | 133 | €28,941 | €30,938 | +€1,997 | +6.9% |
| Profit (loss) carried forward | 14 | €54,250 | €54,250 | = | 0.0% |
| Amounts payable | 17/49 | €57,849 | €46,881 | -€10,968 | -19.0% |
| Amounts payable within one year | 42/48 | €57,849 | €46,879 | -€10,970 | -19.0% |
| Trade debts | 44 | €1,957 | €4,035 | +€2,078 | +106% |
| Suppliers | 440/4 | €1,957 | €4,035 | +€2,078 | +106% |
| Taxes, remuneration and social security | 45 | €55,332 | €30,322 | -€25,010 | -45.2% |
| Taxes | 450/3 | €54,182 | €30,322 | -€23,860 | -44.0% |
| Remuneration and social security | 454/9 | €1,150 | - | -€1,150 | |
| Other amounts payable | 47/48 | €560 | €12,522 | +€11,962 | +2,136% |
| Accrued charges and deferred income | 492/3 | - | €2 | +€2 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,218 | €2,657 | -€561 | -17.4% |
| Other operating charges | 640/8 | €1,712 | €653 | -€1,059 | -61.9% |
| Gross operating margin | 9900 | €10,173 | €7,474 | -€2,699 | -26.5% |
| Operating profit (loss) | 9901 | €5,243 | €4,164 | -€1,079 | -20.6% |
| Financial charges | 65/66B | €761 | €846 | +€85 | +11.2% |
| Recurring financial charges | 65 | €761 | €846 | +€85 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | €4,482 | €3,318 | -€1,164 | -26.0% |
| Income taxes | 67/77 | €1,527 | €1,321 | -€206 | -13.5% |
| Profit (loss) for the period | 9904 | €2,955 | €1,997 | -€958 | -32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,955 | €1,997 | -€958 | -32.4% |
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 18 October 2026 via checked.be.