MG TOITURES: 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 TOITURES
Largest movements
- Cash +€111,834
up €111,834 (+17.4%), from €644,525 to €756,359
mainly Net result for the year (+€266,146) and Receivables within one year (+€48,166)
- Deferred charges and accrued income +€59,693
up €59,693 (+1,203%), from €4,961 to €64,655
- Receivables within one year -€48,166
down €48,166 (-18.6%), from €258,912 to €210,746
of which Trade receivables: -€29,047
- Tangible fixed assets +€45,341
up €45,341 (+218%), from €20,807 to €66,147
of which Plant, machinery and equipment: +€56,582
- Reserves +€266,146
up €266,146 (+66.6%), from €399,828 to €665,973
of which Distributable reserves: +€266,146
- Trade debts -€86,821
down €86,821 (-41.4%), from €209,717 to €122,896
- Accrued charges and deferred income -€25,975
down €25,975 (-54.6%), from €47,600 to €21,625
- Tax, wage and social debts +€14,230
up €14,230 (+19.0%), from €74,932 to €89,161
of which Taxes: +€22,492
- Gross operating margin +€49,930
up €49,930 (+10.4%), from €480,661 to €530,591
- Staff costs -€45,632
down €45,632 (-30.0%), from €151,945 to €106,313
- Taxes +€45,397
up €45,397 (+57.7%), from €78,671 to €124,068
- Financial charges +€6,649
up €6,649 (+123%), from €5,409 to €12,058
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 | €967,728 | €1,136,430 | +€168,702 | +17.4% |
| Fixed assets | 21/28 | €27,156 | €72,497 | +€45,341 | +167% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €20,807 | €66,147 | +€45,341 | +218% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €3,538 | €60,120 | +€56,582 | +1,599% |
| Furniture and vehicles | 24 | €14,801 | €6,028 | -€8,773 | -59.3% |
| Other tangible fixed assets | 26 | €2,468 | €0 | -€2,468 | -100% |
| Financial fixed assets | 28 | €6,350 | €6,350 | = | 0.0% |
| Current assets | 29/58 | €940,572 | €1,063,933 | +€123,362 | +13.1% |
| Stocks and contracts in progress | 3 | €32,173 | €32,173 | = | 0.0% |
| Stocks | 30/36 | €32,173 | €32,173 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €258,912 | €210,746 | -€48,166 | -18.6% |
| Trade receivables | 40 | €229,887 | €200,840 | -€29,047 | -12.6% |
| Other amounts receivable | 41 | €29,025 | €9,906 | -€19,119 | -65.9% |
| Cash at bank and in hand | 54/58 | €644,525 | €756,359 | +€111,834 | +17.4% |
| Deferred charges and accrued income | 490/1 | €4,961 | €64,655 | +€59,693 | +1,203% |
| Total equity and liabilities | 10/49 | €967,728 | €1,136,430 | +€168,702 | +17.4% |
| Equity | 10/15 | €540,237 | €806,382 | +€266,146 | +49.3% |
| Contributions | 10/11 | €138,400 | €138,400 | = | 0.0% |
| Reserves | 13 | €399,828 | €665,973 | +€266,146 | +66.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €109,460 | €109,460 | = | 0.0% |
| Distributable reserves | 133 | €290,368 | €556,513 | +€266,146 | +91.7% |
| Profit (loss) carried forward | 14 | €2,009 | €2,009 | = | 0.0% |
| Amounts payable | 17/49 | €427,491 | €330,048 | -€97,443 | -22.8% |
| Amounts payable after more than one year | 17 | €47,500 | €47,500 | = | 0.0% |
| Financial debts | 170/4 | €47,500 | €47,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €332,391 | €260,923 | -€71,468 | -21.5% |
| Trade debts | 44 | €209,717 | €122,896 | -€86,821 | -41.4% |
| Suppliers | 440/4 | €209,717 | €122,896 | -€86,821 | -41.4% |
| Taxes, remuneration and social security | 45 | €74,932 | €89,161 | +€14,230 | +19.0% |
| Taxes | 450/3 | €64,081 | €86,573 | +€22,492 | +35.1% |
| Remuneration and social security | 454/9 | €10,851 | €2,588 | -€8,262 | -76.1% |
| Other amounts payable | 47/48 | €47,742 | €48,865 | +€1,123 | +2.4% |
| Accrued charges and deferred income | 492/3 | €47,600 | €21,625 | -€25,975 | -54.6% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €151,945 | €106,313 | -€45,632 | -30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,606 | €20,644 | -€2,962 | -12.5% |
| Other operating charges | 640/8 | €4,087 | €4,937 | +€851 | +20.8% |
| Non-recurring operating charges | 66A | €426 | €590 | +€163 | +38.4% |
| Gross operating margin | 9900 | €480,661 | €530,591 | +€49,930 | +10.4% |
| Operating profit (loss) | 9901 | €300,598 | €398,107 | +€97,509 | +32.4% |
| Financial income | 75/76B | €2,736 | €4,165 | +€1,429 | +52.2% |
| Recurring financial income | 75 | €2,736 | €4,165 | +€1,429 | +52.2% |
| Financial charges | 65/66B | €5,409 | €12,058 | +€6,649 | +123% |
| Recurring financial charges | 65 | €5,409 | €12,058 | +€6,649 | +123% |
| Profit (loss) for the period before taxes | 9903 | €297,924 | €390,214 | +€92,289 | +31.0% |
| Income taxes | 67/77 | €78,671 | €124,068 | +€45,397 | +57.7% |
| Profit (loss) for the period | 9904 | €219,254 | €266,146 | +€46,892 | +21.4% |
| Transfer to tax-exempt reserves | 689 | €109,460 | - | -€109,460 | |
| Profit (loss) for the period to be appropriated | 9905 | €109,794 | €266,146 | +€156,352 | +142% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.