MGS Beringen: 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.
MGS Beringen
Largest movements
- Receivables within one year +€101,482
up €101,482 (+137%), from €74,256 to €175,738
of which Trade receivables: +€97,741
- Stocks and contracts -€36,732
no longer reported in 2025 (was €36,732)
- Financial fixed assets +€10,248
new in 2025: €10,248
- Tangible fixed assets -€9,750
down €9,750 (-47.0%), from €20,754 to €11,003
of which Furniture and vehicles: -€8,804
- Cash -€6,132
down €6,132 (-4.9%), from €125,788 to €119,655
mainly Receivables within one year (-€101,482) and Tax, wage and social debts (-€27,140)
- Accrued charges and deferred income +€79,506
up €79,506 (+1,323%), from €6,012 to €85,517
- Tax, wage and social debts -€27,140
down €27,140 (-33.5%), from €81,024 to €53,883
of which Remuneration and social security: -€20,904
- Reserves +€9,895
up €9,895 (+12.5%), from €79,270 to €89,165
of which Distributable reserves: +€9,895
- Trade debts -€8,648
down €8,648 (-78.4%), from €11,031 to €2,383
- Gross operating margin -€137,445
down €137,445 (-17.0%), from €808,212 to €670,767
- Staff costs -€120,486
down €120,486 (-15.6%), from €771,372 to €650,885
- Depreciation -€20,707
down €20,707 (-88.9%), from €23,290 to €2,582
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 | €277,336 | €330,948 | +€53,612 | +19.3% |
| Fixed assets | 21/28 | €20,754 | €21,251 | +€498 | +2.4% |
| Tangible fixed assets | 22/27 | €20,754 | €11,003 | -€9,750 | -47.0% |
| Land and buildings | 22 | €8,087 | €7,140 | -€946 | -11.7% |
| Furniture and vehicles | 24 | €12,667 | €3,863 | -€8,804 | -69.5% |
| Financial fixed assets | 28 | - | €10,248 | +€10,248 | |
| Current assets | 29/58 | €256,583 | €309,697 | +€53,114 | +20.7% |
| Stocks and contracts in progress | 3 | €36,732 | - | -€36,732 | |
| Contracts in progress | 37 | €36,732 | - | -€36,732 | |
| Amounts receivable within one year | 40/41 | €74,256 | €175,738 | +€101,482 | +137% |
| Trade receivables | 40 | €72,759 | €170,500 | +€97,741 | +134% |
| Other amounts receivable | 41 | €1,497 | €5,238 | +€3,741 | +250% |
| Cash at bank and in hand | 54/58 | €125,788 | €119,655 | -€6,132 | -4.9% |
| Deferred charges and accrued income | 490/1 | €19,807 | €14,303 | -€5,504 | -27.8% |
| Total equity and liabilities | 10/49 | €277,336 | €330,948 | +€53,612 | +19.3% |
| Equity | 10/15 | €179,270 | €189,165 | +€9,895 | +5.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €79,270 | €89,165 | +€9,895 | +12.5% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €754 | €754 | = | 0.0% |
| Distributable reserves | 133 | €68,516 | €78,411 | +€9,895 | +14.4% |
| Amounts payable | 17/49 | €98,066 | €141,783 | +€43,717 | +44.6% |
| Amounts payable within one year | 42/48 | €92,054 | €56,266 | -€35,788 | -38.9% |
| Trade debts | 44 | €11,031 | €2,383 | -€8,648 | -78.4% |
| Suppliers | 440/4 | €11,031 | €2,383 | -€8,648 | -78.4% |
| Taxes, remuneration and social security | 45 | €81,024 | €53,883 | -€27,140 | -33.5% |
| Taxes | 450/3 | €6,236 | - | -€6,236 | |
| Remuneration and social security | 454/9 | €74,787 | €53,883 | -€20,904 | -28.0% |
| Accrued charges and deferred income | 492/3 | €6,012 | €85,517 | +€79,506 | +1,323% |
| Non-recurring operating income | 76A | - | €10,756 | +€10,756 | |
| Remuneration, social security and pensions | 62 | €771,372 | €650,885 | -€120,486 | -15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,290 | €2,582 | -€20,707 | -88.9% |
| Other operating charges | 640/8 | €7,335 | €6,719 | -€616 | -8.4% |
| Non-recurring operating charges | 66A | €6,888 | - | -€6,888 | |
| Gross operating margin | 9900 | €808,212 | €670,767 | -€137,445 | -17.0% |
| Operating profit (loss) | 9901 | -€672 | €10,580 | +€11,252 | |
| Financial income | 75/76B | €56 | €36 | -€19 | -34.8% |
| Recurring financial income | 75 | €56 | €36 | -€19 | -34.8% |
| Financial charges | 65/66B | €2,650 | €358 | -€2,292 | -86.5% |
| Recurring financial charges | 65 | €2,650 | €358 | -€2,292 | -86.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,267 | €10,258 | +€13,525 | |
| Income taxes | 67/77 | €802 | €363 | -€439 | -54.7% |
| Profit (loss) for the period | 9904 | -€4,069 | €9,895 | +€13,964 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,069 | €9,895 | +€13,964 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.