MG Rental: 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 Rental
Largest movements
- Tangible fixed assets -€34,372
down €34,372 (-4.7%), from €729,914 to €695,541
- Profit (loss) carried forward -€119,979
down €119,979 (-21.3%), from -€563,757 to -€683,737
- Other debts +€74,476
up €74,476 (+6.1%), from €1.2m to €1.3m
- Trade debts +€10,766
up €10,766 (+278%), from €3,869 to €14,635
- Gross operating margin -€19,558
down €19,558 (-56.0%), from -€34,905 to -€54,463
- Financial income +€3,893
new in 2025: €3,893
- Other operating charges -€557
down €557 (-51.4%), from €1,083 to €526
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 | €762,647 | €729,761 | -€32,886 | -4.3% |
| Fixed assets | 21/28 | €729,914 | €695,541 | -€34,372 | -4.7% |
| Tangible fixed assets | 22/27 | €729,914 | €695,541 | -€34,372 | -4.7% |
| Plant, machinery and equipment | 23 | €729,914 | €695,541 | -€34,372 | -4.7% |
| Current assets | 29/58 | €32,733 | €34,219 | +€1,486 | +4.5% |
| Amounts receivable within one year | 40/41 | €14,987 | €19,260 | +€4,273 | +28.5% |
| Trade receivables | 40 | €1,260 | €1,850 | +€590 | +46.8% |
| Other amounts receivable | 41 | €13,727 | €17,410 | +€3,683 | +26.8% |
| Cash at bank and in hand | 54/58 | €4,224 | €784 | -€3,441 | -81.4% |
| Deferred charges and accrued income | 490/1 | €13,522 | €14,176 | +€654 | +4.8% |
| Total equity and liabilities | 10/49 | €762,647 | €729,761 | -€32,886 | -4.3% |
| Equity | 10/15 | -€553,757 | -€673,737 | -€119,979 | -21.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€563,757 | -€683,737 | -€119,979 | -21.3% |
| Amounts payable | 17/49 | €1,316,405 | €1,403,497 | +€87,093 | +6.6% |
| Amounts payable within one year | 42/48 | €1,222,631 | €1,309,724 | +€87,093 | +7.1% |
| Trade debts | 44 | €3,869 | €14,635 | +€10,766 | +278% |
| Suppliers | 440/4 | €3,869 | €14,635 | +€10,766 | +278% |
| Advances received on contracts in progress | 46 | - | €1,850 | +€1,850 | |
| Other amounts payable | 47/48 | €1,218,763 | €1,293,239 | +€74,476 | +6.1% |
| Accrued charges and deferred income | 492/3 | €93,773 | €93,773 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,042 | €68,176 | +€134 | +0.2% |
| Other operating charges | 640/8 | €1,083 | €526 | -€557 | -51.4% |
| Gross operating margin | 9900 | -€34,905 | -€54,463 | -€19,558 | -56.0% |
| Operating profit (loss) | 9901 | -€104,030 | -€123,165 | -€19,135 | -18.4% |
| Financial income | 75/76B | - | €3,893 | +€3,893 | |
| Recurring financial income | 75 | - | €3,893 | +€3,893 | |
| Financial charges | 65/66B | €680 | €707 | +€27 | +4.0% |
| Recurring financial charges | 65 | €680 | €707 | +€27 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | -€104,710 | -€119,979 | -€15,269 | -14.6% |
| Profit (loss) for the period | 9904 | -€104,710 | -€119,979 | -€15,269 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€104,710 | -€119,979 | -€15,269 | -14.6% |
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 23 October 2026 via checked.be.