MG TOURS: 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 TOURS
Largest movements
- Cash +€103,369
up €103,369 (+32.8%), from €315,267 to €418,635
mainly Depreciation (+€177,986) and Net result for the year (+€105,198)
- Receivables within one year -€36,136
down €36,136 (-13.6%), from €265,829 to €229,693
of which Other amounts receivable: -€36,860
- Tangible fixed assets -€34,034
down €34,034 (-4.6%), from €743,771 to €709,737
of which Furniture and vehicles: -€146,676
- Reserves +€48,401
up €48,401 (+7.8%), from €617,257 to €665,658
of which Distributable reserves: +€53,758
- Other debts +€33,417
up €33,417 (+106%), from €31,387 to €64,803
- Trade debts -€27,002
down €27,002 (-63.2%), from €42,721 to €15,719
- Depreciation +€50,314
up €50,314 (+39.4%), from €127,672 to €177,986
- Gross operating margin +€39,246
up €39,246 (+6.1%), from €647,158 to €686,404
- Staff costs +€18,051
up €18,051 (+5.8%), from €311,834 to €329,885
- Taxes -€9,197
down €9,197 (-17.7%), from €51,940 to €42,743
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 | €1,342,386 | €1,375,488 | +€33,102 | +2.5% |
| Fixed assets | 21/28 | €743,771 | €709,737 | -€34,034 | -4.6% |
| Tangible fixed assets | 22/27 | €743,771 | €709,737 | -€34,034 | -4.6% |
| Furniture and vehicles | 24 | €718,771 | €572,096 | -€146,676 | -20.4% |
| Leasing and similar rights | 25 | €25,000 | €137,642 | +€112,642 | +451% |
| Current assets | 29/58 | €598,615 | €665,751 | +€67,136 | +11.2% |
| Amounts receivable within one year | 40/41 | €265,829 | €229,693 | -€36,136 | -13.6% |
| Trade receivables | 40 | €196,637 | €197,361 | +€724 | +0.4% |
| Other amounts receivable | 41 | €69,192 | €32,332 | -€36,860 | -53.3% |
| Cash at bank and in hand | 54/58 | €315,267 | €418,635 | +€103,369 | +32.8% |
| Deferred charges and accrued income | 490/1 | €17,519 | €17,423 | -€96 | -0.5% |
| Total equity and liabilities | 10/49 | €1,342,386 | €1,375,488 | +€33,102 | +2.5% |
| Equity | 10/15 | €627,258 | €675,659 | +€48,401 | +7.7% |
| Contributions | 10/11 | €10,001 | €10,001 | = | 0.0% |
| Reserves | 13 | €617,257 | €665,658 | +€48,401 | +7.8% |
| Tax-exempt reserves | 132 | €5,357 | - | -€5,357 | |
| Distributable reserves | 133 | €611,900 | €665,658 | +€53,758 | +8.8% |
| Provisions and deferred taxes | 16 | €1,786 | - | -€1,786 | |
| Deferred taxes | 168 | €1,786 | - | -€1,786 | |
| Amounts payable | 17/49 | €713,343 | €699,830 | -€13,513 | -1.9% |
| Amounts payable after more than one year | 17 | €434,439 | €424,477 | -€9,963 | -2.3% |
| Financial debts | 170/4 | €434,439 | €424,477 | -€9,963 | -2.3% |
| Amounts payable within one year | 42/48 | €275,446 | €272,576 | -€2,870 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €164,355 | €157,345 | -€7,009 | -4.3% |
| Trade debts | 44 | €42,721 | €15,719 | -€27,002 | -63.2% |
| Suppliers | 440/4 | €42,721 | €15,719 | -€27,002 | -63.2% |
| Taxes, remuneration and social security | 45 | €36,983 | €34,708 | -€2,276 | -6.2% |
| Taxes | 450/3 | €174 | €2,385 | +€2,211 | +1,271% |
| Remuneration and social security | 454/9 | €36,809 | €32,323 | -€4,486 | -12.2% |
| Other amounts payable | 47/48 | €31,387 | €64,803 | +€33,417 | +106% |
| Accrued charges and deferred income | 492/3 | €3,457 | €2,778 | -€680 | -19.7% |
| Remuneration, social security and pensions | 62 | €311,834 | €329,885 | +€18,051 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €127,672 | €177,986 | +€50,314 | +39.4% |
| Other operating charges | 640/8 | €3,740 | €7,101 | +€3,361 | +89.9% |
| Gross operating margin | 9900 | €647,158 | €686,404 | +€39,246 | +6.1% |
| Operating profit (loss) | 9901 | €203,913 | €171,432 | -€32,481 | -15.9% |
| Financial income | 75/76B | €1,679 | €319 | -€1,361 | -81.0% |
| Recurring financial income | 75 | €679 | €319 | -€361 | -53.1% |
| Non-recurring financial income | 76B | €1,000 | - | -€1,000 | |
| Financial charges | 65/66B | €19,039 | €25,595 | +€6,556 | +34.4% |
| Recurring financial charges | 65 | €19,039 | €25,595 | +€6,556 | +34.4% |
| Profit (loss) for the period before taxes | 9903 | €186,553 | €146,155 | -€40,397 | -21.7% |
| Transfer from deferred taxes | 780 | €1,786 | €1,786 | +€0 | 0.0% |
| Income taxes | 67/77 | €51,940 | €42,743 | -€9,197 | -17.7% |
| Profit (loss) for the period | 9904 | €136,399 | €105,198 | -€31,201 | -22.9% |
| Transfer from tax-exempt reserves | 789 | €5,357 | €5,357 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €141,756 | €110,555 | -€31,201 | -22.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.