MG RESIDENTIAL: what changed
MG RESIDENTIAL
Largest movements
- Receivables within one year +€219,650
up €219,650 (+91.4%), from €240,355 to €460,005
of which Trade receivables: +€209,847
- Cash -€91,367
down €91,367 (-46.3%), from €197,456 to €106,089
mainly Receivables within one year (-€219,650) and Accrued charges and deferred income (-€2,518)
- Profit (loss) carried forward +€91,336
up €91,336 (+35.4%), from €257,737 to €349,072
- Tax, wage and social debts +€36,948
up €36,948 (+40.6%), from €90,952 to €127,901
of which Taxes: +€22,165
- Gross operating margin +€107,535
up €107,535 (+33.8%), from €318,370 to €425,905
- Staff costs +€94,989
up €94,989 (+51.3%), from €185,018 to €280,008
- Taxes +€15,685
up €15,685 (+37.4%), from €41,990 to €57,675
- Financial income +€4,780
up €4,780 (+406%), from €1,178 to €5,958
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €444,445 | €570,698 | +€126,252 | +28.4% |
| Fixed assets | 21/28 | €4,592 | €2,704 | -€1,889 | -41.1% |
| Tangible fixed assets | 22/27 | €4,387 | €2,499 | -€1,889 | -43.0% |
| Furniture and vehicles | 24 | €4,387 | €2,499 | -€1,889 | -43.0% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €439,853 | €567,994 | +€128,141 | +29.1% |
| Amounts receivable within one year | 40/41 | €240,355 | €460,005 | +€219,650 | +91.4% |
| Trade receivables | 40 | €114,950 | €324,797 | +€209,847 | +183% |
| Other amounts receivable | 41 | €125,405 | €135,208 | +€9,802 | +7.8% |
| Cash at bank and in hand | 54/58 | €197,456 | €106,089 | -€91,367 | -46.3% |
| Deferred charges and accrued income | 490/1 | €2,042 | €1,900 | -€142 | -6.9% |
| Total equity and liabilities | 10/49 | €444,445 | €570,698 | +€126,252 | +28.4% |
| Equity | 10/15 | €325,387 | €416,722 | +€91,336 | +28.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €257,737 | €349,072 | +€91,336 | +35.4% |
| Amounts payable | 17/49 | €119,059 | €153,975 | +€34,917 | +29.3% |
| Amounts payable within one year | 42/48 | €116,541 | €153,975 | +€37,434 | +32.1% |
| Trade debts | 44 | €25,589 | €26,075 | +€486 | +1.9% |
| Suppliers | 440/4 | €25,589 | €26,075 | +€486 | +1.9% |
| Taxes, remuneration and social security | 45 | €90,952 | €127,901 | +€36,948 | +40.6% |
| Taxes | 450/3 | €78,734 | €100,899 | +€22,165 | +28.2% |
| Remuneration and social security | 454/9 | €12,218 | €27,002 | +€14,784 | +121% |
| Accrued charges and deferred income | 492/3 | €2,518 | - | -€2,518 | |
| Remuneration, social security and pensions | 62 | €185,018 | €280,008 | +€94,989 | +51.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,649 | €1,889 | +€240 | +14.5% |
| Other operating charges | 640/8 | €337 | €288 | -€48 | -14.4% |
| Gross operating margin | 9900 | €318,370 | €425,905 | +€107,535 | +33.8% |
| Operating profit (loss) | 9901 | €131,366 | €143,720 | +€12,354 | +9.4% |
| Financial income | 75/76B | €1,178 | €5,958 | +€4,780 | +406% |
| Recurring financial income | 75 | €1,178 | €5,958 | +€4,780 | +406% |
| Financial charges | 65/66B | €1,236 | €667 | -€569 | -46.0% |
| Recurring financial charges | 65 | €1,236 | €667 | -€569 | -46.0% |
| Profit (loss) for the period before taxes | 9903 | €131,308 | €149,011 | +€17,702 | +13.5% |
| Income taxes | 67/77 | €41,990 | €57,675 | +€15,685 | +37.4% |
| Profit (loss) for the period | 9904 | €89,318 | €91,336 | +€2,017 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €89,318 | €91,336 | +€2,017 | +2.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.