MGL-Invest: what changed
What changed
MGL-Invest
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
filed annual accounts (NBB)
Net result for the year
-€11,703
2024 · -€9,175-€2,528
Equity
€36,559
2024 · €48,262-€11,703
Cash
€32,797
2024 · €37,942-€5,145
Balance sheet total
€2.0m
2024 · €2.0m-€4,753
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Other debts +€181,200
up €181,200 (+18.9%), from €959,015 to €1.1m
- Debts after one year -€176,751
down €176,751 (-21.1%), from €836,122 to €659,371
Income statement
- Gross operating margin -€4,645
down €4,645 (-152%), from -€3,058 to -€7,703
- Financial charges -€2,016
down €2,016 (-33.7%), from €5,976 to €3,961
- Other operating charges -€102
down €102 (-72.3%), from €141 to €39
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
-€9,175
Gross operating margin
-€4,645
Other operating charges
+€102
Financial charges
+€2,016
Result 2025
-€11,703
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
+€169,576
Investment
€0
Financing
-€174,721
Cash 2024
€37,942
From operations (derived)
+€169,576
Net result for the year
-€11,703
Receivables within one year
-€392
Trade debts
+€470
Other debts
+€181,200
Financing
-€174,721
Debts after one year
-€176,751
Current portion of long-term debt
+€2,030
Cash 2025
€32,797
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,018,119 | €2,013,366 | -€4,753 | -0.2% |
| Fixed assets | 21/28 | €1,980,000 | €1,980,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,980,000 | €1,980,000 | = | 0.0% |
| Land and buildings | 22 | €1,980,000 | €1,980,000 | = | 0.0% |
| Current assets | 29/58 | €38,119 | €33,366 | -€4,753 | -12.5% |
| Amounts receivable within one year | 40/41 | €177 | €569 | +€392 | +221% |
| Trade receivables | 40 | - | €569 | +€569 | |
| Other amounts receivable | 41 | €177 | - | -€177 | |
| Cash at bank and in hand | 54/58 | €37,942 | €32,797 | -€5,145 | -13.6% |
| Total equity and liabilities | 10/49 | €2,018,119 | €2,013,366 | -€4,753 | -0.2% |
| Equity | 10/15 | €48,262 | €36,559 | -€11,703 | -24.2% |
| Contributions | 10/11 | €190,000 | €190,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€141,738 | -€153,441 | -€11,703 | -8.3% |
| Amounts payable | 17/49 | €1,969,857 | €1,976,807 | +€6,949 | +0.4% |
| Amounts payable after more than one year | 17 | €836,122 | €659,371 | -€176,751 | -21.1% |
| Financial debts | 170/4 | €836,122 | €659,371 | -€176,751 | -21.1% |
| Amounts payable within one year | 42/48 | €1,133,735 | €1,317,435 | +€183,700 | +16.2% |
| Current portion of amounts payable after more than one year | 42 | €174,721 | €176,751 | +€2,030 | +1.2% |
| Trade debts | 44 | - | €470 | +€470 | |
| Suppliers | 440/4 | - | €470 | +€470 | |
| Other amounts payable | 47/48 | €959,015 | €1,140,215 | +€181,200 | +18.9% |
| Other operating charges | 640/8 | €141 | €39 | -€102 | -72.3% |
| Gross operating margin | 9900 | -€3,058 | -€7,703 | -€4,645 | -152% |
| Operating profit (loss) | 9901 | -€3,199 | -€7,742 | -€4,543 | -142% |
| Financial charges | 65/66B | €5,976 | €3,961 | -€2,016 | -33.7% |
| Recurring financial charges | 65 | €5,976 | €3,961 | -€2,016 | -33.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,175 | -€11,703 | -€2,528 | -27.5% |
| Profit (loss) for the period | 9904 | -€9,175 | -€11,703 | -€2,528 | -27.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,175 | -€11,703 | -€2,528 | -27.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.