MG.SL-Technics: what changed
MG.SL-Technics
Largest movements
- Tangible fixed assets +€15,978
up €15,978 (+78.3%), from €20,417 to €36,395
of which Furniture and vehicles: +€23,195
- Deferred charges and accrued income +€11,288
new in 2025: €11,288
- Cash +€8,049
up €8,049 (+111%), from €7,227 to €15,276
mainly Net result for the year (+€56,941) and Tax, wage and social debts (+€16,173)
- Receivables within one year -€5,088
down €5,088 (-5.9%), from €85,837 to €80,749
of which Trade receivables: -€18,872
- Profit (loss) carried forward +€56,941
up €56,941 (+47.9%), from -€118,992 to -€62,051
- Trade debts -€27,420
down €27,420 (-28.7%), from €95,691 to €68,271
- Tax, wage and social debts +€16,173
up €16,173 (+113%), from €14,275 to €30,448
of which Remuneration and social security: +€16,447
- Debts after one year -€15,148
down €15,148 (-29.9%), from €50,617 to €35,469
- Accrued charges and deferred income +€15,122
new in 2025: €15,122
- Gross operating margin +€273,146
up €273,146 (+201%), from €136,086 to €409,232
- Staff costs +€101,016
up €101,016 (+52.2%), from €193,517 to €294,533
- Financial charges +€21,561
up €21,561 (+97.4%), from €22,138 to €43,699
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 | €113,481 | €143,778 | +€30,297 | +26.7% |
| Fixed assets | 21/28 | €20,417 | €36,465 | +€16,048 | +78.6% |
| Tangible fixed assets | 22/27 | €20,417 | €36,395 | +€15,978 | +78.3% |
| Plant, machinery and equipment | 23 | €15,970 | €8,753 | -€7,217 | -45.2% |
| Furniture and vehicles | 24 | €4,446 | €27,642 | +€23,195 | +522% |
| Financial fixed assets | 28 | - | €70 | +€70 | |
| Current assets | 29/58 | €93,064 | €107,313 | +€14,249 | +15.3% |
| Amounts receivable within one year | 40/41 | €85,837 | €80,749 | -€5,088 | -5.9% |
| Trade receivables | 40 | €54,411 | €35,539 | -€18,872 | -34.7% |
| Other amounts receivable | 41 | €31,426 | €45,209 | +€13,783 | +43.9% |
| Cash at bank and in hand | 54/58 | €7,227 | €15,276 | +€8,049 | +111% |
| Deferred charges and accrued income | 490/1 | - | €11,288 | +€11,288 | |
| Total equity and liabilities | 10/49 | €113,481 | €143,778 | +€30,297 | +26.7% |
| Equity | 10/15 | -€116,992 | -€60,051 | +€56,941 | +48.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118,992 | -€62,051 | +€56,941 | +47.9% |
| Amounts payable | 17/49 | €230,473 | €203,829 | -€26,644 | -11.6% |
| Amounts payable after more than one year | 17 | €50,617 | €35,469 | -€15,148 | -29.9% |
| Financial debts | 170/4 | €50,617 | €35,469 | -€15,148 | -29.9% |
| Amounts payable within one year | 42/48 | €179,857 | €153,239 | -€26,618 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €51,087 | €38,624 | -€12,463 | -24.4% |
| Financial debts | 43 | €18,804 | €15,541 | -€3,264 | -17.4% |
| Credit institutions | 430/8 | €18,804 | €15,541 | -€3,264 | -17.4% |
| Trade debts | 44 | €95,691 | €68,271 | -€27,420 | -28.7% |
| Suppliers | 440/4 | €95,691 | €68,271 | -€27,420 | -28.7% |
| Taxes, remuneration and social security | 45 | €14,275 | €30,448 | +€16,173 | +113% |
| Taxes | 450/3 | €274 | - | -€274 | |
| Remuneration and social security | 454/9 | €14,001 | €30,448 | +€16,447 | +117% |
| Other amounts payable | 47/48 | - | €355 | +€355 | |
| Accrued charges and deferred income | 492/3 | - | €15,122 | +€15,122 | |
| Remuneration, social security and pensions | 62 | €193,517 | €294,533 | +€101,016 | +52.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,962 | €10,722 | -€1,240 | -10.4% |
| Other operating charges | 640/8 | €4,266 | €3,323 | -€943 | -22.1% |
| Gross operating margin | 9900 | €136,086 | €409,232 | +€273,146 | +201% |
| Operating profit (loss) | 9901 | -€73,658 | €100,655 | +€174,313 | |
| Financial income | 75/76B | €1,154 | - | -€1,154 | |
| Recurring financial income | 75 | €1,154 | - | -€1,154 | |
| Financial charges | 65/66B | €22,138 | €43,699 | +€21,561 | +97.4% |
| Recurring financial charges | 65 | €22,138 | €43,699 | +€21,561 | +97.4% |
| Profit (loss) for the period before taxes | 9903 | -€94,642 | €56,956 | +€151,598 | |
| Income taxes | 67/77 | - | €15 | +€15 | |
| Profit (loss) for the period | 9904 | -€94,642 | €56,941 | +€151,584 | |
| Profit (loss) for the period to be appropriated | 9905 | -€94,642 | €56,941 | +€151,584 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.