MG TERMINAL GENT: what changed
What changed
MG TERMINAL GENT
NACE 52.241, Warehousing and support activities for transportation
filed annual accounts (NBB)
Net result for the year
€813,336
2024 · €883,587-€70,252
Equity
€3.7m
2024 · €7.9m-€4.2m
Cash
€7.8m
2024 · €7.4m+€322,344
Balance sheet total
€9.0m
2024 · €8.3m+€693,487
Largest movements
Assets
- Receivables within one year +€362,108
up €362,108 (+140%), from €258,754 to €620,862
of which Trade receivables: +€333,220
- Cash +€322,344
up €322,344 (+4.3%), from €7.4m to €7.8m
mainly Other debts (+€5.0m) and Net result for the year (+€813,336)
Equity and liabilities
- Other debts +€5.0m
new in 2025: €5.0m
- Profit (loss) carried forward -€4.2m
down €4.2m (-80.6%), from €5.2m to €1.0m
Income statement
- Financial income -€87,055
down €87,055 (-40.4%), from €215,389 to €128,334
- Gross operating margin -€44,615
down €44,615 (-4.2%), from €1.1m to €1.0m
- Depreciation -€34,581
down €34,581 (-38.9%), from €88,798 to €54,217
- Taxes -€23,417
down €23,417 (-8.0%), from €294,529 to €271,112
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.
Result 2024
€883,587
Gross operating margin
-€44,615
Depreciation
+€34,581
Other operating charges
+€1,664
Financial income
-€87,055
Financial charges
+€1,755
Taxes
+€23,417
Result 2025
€813,336
raises the resultlowers the result
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.
From operations
+€5.5m
Investment
-€63,252
Financing
-€5.1m
Cash 2024
€7.4m
From operations (derived)
+€5.5m
Net result for the year
+€813,336
Depreciation
+€54,217
Receivables within one year
-€362,108
Trade debts
-€18,471
Tax, wage and social debts
-€31,378
Other debts
+€5.0m
Investment (derived)
-€63,252
Investment in fixed assets (net)
-€63,252
Financing
-€5.1m
Debts after one year
-€70,000
Contributions, distributions and other
-€5.0m
Cash 2025
€7.8m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,317,701 | €9,011,188 | +€693,487 | +8.3% |
| Fixed assets | 21/28 | €625,316 | €634,352 | +€9,036 | +1.4% |
| Tangible fixed assets | 22/27 | €624,818 | €633,854 | +€9,036 | +1.4% |
| Land and buildings | 22 | €594,679 | €607,605 | +€12,925 | +2.2% |
| Plant, machinery and equipment | 23 | €30,139 | €26,249 | -€3,890 | -12.9% |
| Financial fixed assets | 28 | €498 | €498 | = | 0.0% |
| Current assets | 29/58 | €7,692,385 | €8,376,836 | +€684,451 | +8.9% |
| Amounts receivable within one year | 40/41 | €258,754 | €620,862 | +€362,108 | +140% |
| Trade receivables | 40 | €258,754 | €591,974 | +€333,220 | +129% |
| Other amounts receivable | 41 | - | €28,888 | +€28,888 | |
| Cash at bank and in hand | 54/58 | €7,433,631 | €7,755,975 | +€322,344 | +4.3% |
| Total equity and liabilities | 10/49 | €8,317,701 | €9,011,188 | +€693,487 | +8.3% |
| Equity | 10/15 | €7,866,759 | €3,680,095 | -€4.2m | -53.2% |
| Contributions | 10/11 | €2,350,290 | €2,350,290 | = | 0.0% |
| Capital | 10 | €2,350,290 | €2,350,290 | = | 0.0% |
| Issued capital | 100 | €2,350,290 | €2,350,290 | = | 0.0% |
| Reserves | 13 | €319,437 | €319,437 | = | 0.0% |
| Non-distributable reserves | 130/1 | €239,399 | €239,399 | = | 0.0% |
| Legal reserve | 130 | €235,029 | €235,029 | = | 0.0% |
| Other | 1319 | €4,370 | €4,370 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,637 | €28,637 | = | 0.0% |
| Distributable reserves | 133 | €51,400 | €51,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,197,033 | €1,010,368 | -€4.2m | -80.6% |
| Amounts payable | 17/49 | €450,942 | €5,331,093 | +€4.9m | +1,082% |
| Amounts payable after more than one year | 17 | €210,000 | €140,000 | -€70,000 | -33.3% |
| Financial debts | 170/4 | €210,000 | €140,000 | -€70,000 | -33.3% |
| Amounts payable within one year | 42/48 | €240,942 | €5,191,093 | +€5.0m | +2,055% |
| Current portion of amounts payable after more than one year | 42 | €70,000 | €70,000 | = | 0.0% |
| Trade debts | 44 | €101,912 | €83,441 | -€18,471 | -18.1% |
| Suppliers | 440/4 | €101,912 | €83,441 | -€18,471 | -18.1% |
| Taxes, remuneration and social security | 45 | €69,030 | €37,652 | -€31,378 | -45.5% |
| Taxes | 450/3 | €69,030 | €36,152 | -€32,878 | -47.6% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | - | €5,000,000 | +€5.0m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,798 | €54,217 | -€34,581 | -38.9% |
| Other operating charges | 640/8 | €3,063 | €1,399 | -€1,664 | -54.3% |
| Gross operating margin | 9900 | €1,063,046 | €1,018,431 | -€44,615 | -4.2% |
| Operating profit (loss) | 9901 | €971,186 | €962,816 | -€8,370 | -0.9% |
| Financial income | 75/76B | €215,389 | €128,334 | -€87,055 | -40.4% |
| Recurring financial income | 75 | €215,389 | €128,334 | -€87,055 | -40.4% |
| Financial charges | 65/66B | €8,458 | €6,702 | -€1,755 | -20.8% |
| Recurring financial charges | 65 | €8,458 | €6,702 | -€1,755 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €1,178,117 | €1,084,447 | -€93,669 | -8.0% |
| Income taxes | 67/77 | €294,529 | €271,112 | -€23,417 | -8.0% |
| Profit (loss) for the period | 9904 | €883,587 | €813,336 | -€70,252 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €883,587 | €813,336 | -€70,252 | -8.0% |
Next steps
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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 7 November 2026 via checked.be.