MGL BATIMENT: 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.
MGL BATIMENT
Largest movements
- Receivables within one year +€65,394
up €65,394 (+526%), from €12,423 to €77,817
of which Trade receivables: +€56,070
- Cash -€11,554
down €11,554 (-38.7%), from €29,834 to €18,280
mainly Receivables within one year (-€65,394) and Tax, wage and social debts (-€3,789)
- Tangible fixed assets -€9,245
down €9,245 (-39.9%), from €23,157 to €13,911
of which Leasing and similar rights: -€4,694
- Trade debts +€31,947
new in 2024: €31,947
- Profit (loss) carried forward +€19,436
up €19,436 (+94.3%), from €20,610 to €40,046
- Tax, wage and social debts -€3,789
down €3,789 (-57.4%), from €6,596 to €2,807
of which Remuneration and social security: -€3,789
- Other debts -€2,999
down €2,999 (-38.9%), from €7,707 to €4,708
- Turnover -€569,207
no longer reported in 2024 (was €569,207)
- Purchases and services -€545,689
no longer reported in 2024 (was €545,689)
- Gross operating margin +€6,967
up €6,967 (+29.6%), from €23,518 to €30,486
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,713 | €110,308 | +€44,595 | +67.9% |
| Fixed assets | 21/28 | €23,457 | €14,211 | -€9,245 | -39.4% |
| Tangible fixed assets | 22/27 | €23,157 | €13,911 | -€9,245 | -39.9% |
| Plant, machinery and equipment | 23 | €1,976 | - | -€1,976 | |
| Furniture and vehicles | 24 | €11,021 | €8,445 | -€2,575 | -23.4% |
| Leasing and similar rights | 25 | €10,160 | €5,466 | -€4,694 | -46.2% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €42,256 | €96,097 | +€53,840 | +127% |
| Amounts receivable within one year | 40/41 | €12,423 | €77,817 | +€65,394 | +526% |
| Trade receivables | 40 | €2,798 | €58,868 | +€56,070 | +2,004% |
| Other amounts receivable | 41 | €9,624 | €18,948 | +€9,324 | +96.9% |
| Cash at bank and in hand | 54/58 | €29,834 | €18,280 | -€11,554 | -38.7% |
| Total equity and liabilities | 10/49 | €65,713 | €110,308 | +€44,595 | +67.9% |
| Equity | 10/15 | €39,202 | €58,638 | +€19,436 | +49.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,610 | €40,046 | +€19,436 | +94.3% |
| Amounts payable | 17/49 | €26,511 | €51,670 | +€25,159 | +94.9% |
| Amounts payable after more than one year | 17 | €8,200 | €8,200 | = | 0.0% |
| Financial debts | 170/4 | €8,200 | €8,200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €18,311 | €43,470 | +€25,159 | +137% |
| Current portion of amounts payable after more than one year | 42 | €4,007 | €4,007 | = | 0.0% |
| Trade debts | 44 | - | €31,947 | +€31,947 | |
| Suppliers | 440/4 | - | €31,947 | +€31,947 | |
| Taxes, remuneration and social security | 45 | €6,596 | €2,807 | -€3,789 | -57.4% |
| Taxes | 450/3 | €2,807 | €2,807 | = | 0.0% |
| Remuneration and social security | 454/9 | €3,789 | - | -€3,789 | |
| Other amounts payable | 47/48 | €7,707 | €4,708 | -€2,999 | -38.9% |
| Turnover | 70 | €569,207 | - | -€569,207 | |
| Goods, raw materials, services and sundry goods | 60/61 | €545,689 | - | -€545,689 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,742 | €9,245 | +€1,504 | +19.4% |
| Other operating charges | 640/8 | €1,909 | €149 | -€1,760 | -92.2% |
| Gross operating margin | 9900 | €23,518 | €30,486 | +€6,967 | +29.6% |
| Operating profit (loss) | 9901 | €13,868 | €21,091 | +€7,223 | +52.1% |
| Financial charges | 65/66B | €812 | €59 | -€754 | -92.8% |
| Recurring financial charges | 65 | €812 | €59 | -€754 | -92.8% |
| Profit (loss) for the period before taxes | 9903 | €13,056 | €21,033 | +€7,977 | +61.1% |
| Income taxes | 67/77 | €4,233 | €1,597 | -€2,636 | -62.3% |
| Profit (loss) for the period | 9904 | €8,823 | €19,436 | +€10,612 | +120% |
| Profit (loss) for the period to be appropriated | 9905 | €8,823 | €19,436 | +€10,612 | +120% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.