MGT TRANSPORT: 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.
MGT TRANSPORT
Largest movements
- Receivables within one year +€52,153
up €52,153 (+47.7%), from €109,434 to €161,587
of which Other amounts receivable: +€27,030
- Cash -€9,758
down €9,758 (-95.1%), from €10,263 to €505
mainly Receivables within one year (-€52,153)
- Tax, wage and social debts +€20,967
up €20,967 (+56.0%), from €37,428 to €58,395
of which Taxes: +€16,056
- Trade debts +€16,165
up €16,165 (+73.7%), from €21,940 to €38,106
- Profit (loss) carried forward +€5,263
up €5,263 (+45.3%), from €11,623 to €16,886
- Gross operating margin -€41,887
down €41,887 (-49.2%), from €85,173 to €43,286
- Staff costs -€32,274
down €32,274 (-47.8%), from €67,486 to €35,211
- Purchases and services +€18,876
up €18,876 (+20.8%), from €90,739 to €109,615
- Taxes +€1,841
new in 2023: €1,841
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €123,357 | €165,752 | +€42,395 | +34.4% |
| Fixed assets | 21/28 | €3,660 | €3,660 | = | 0.0% |
| Financial fixed assets | 28 | €3,660 | €3,660 | = | 0.0% |
| Current assets | 29/58 | €119,697 | €162,092 | +€42,395 | +35.4% |
| Amounts receivable within one year | 40/41 | €109,434 | €161,587 | +€52,153 | +47.7% |
| Trade receivables | 40 | €46,420 | €71,544 | +€25,124 | +54.1% |
| Other amounts receivable | 41 | €63,014 | €90,044 | +€27,030 | +42.9% |
| Cash at bank and in hand | 54/58 | €10,263 | €505 | -€9,758 | -95.1% |
| Total equity and liabilities | 10/49 | €123,357 | €165,752 | +€42,395 | +34.4% |
| Equity | 10/15 | €32,083 | €37,346 | +€5,263 | +16.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,623 | €16,886 | +€5,263 | +45.3% |
| Amounts payable | 17/49 | €91,274 | €128,406 | +€37,132 | +40.7% |
| Amounts payable within one year | 42/48 | €91,274 | €128,406 | +€37,132 | +40.7% |
| Trade debts | 44 | €21,940 | €38,106 | +€16,165 | +73.7% |
| Suppliers | 440/4 | €21,940 | €38,106 | +€16,165 | +73.7% |
| Advances received on contracts in progress | 46 | €31,906 | €31,906 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €37,428 | €58,395 | +€20,967 | +56.0% |
| Taxes | 450/3 | €20,532 | €36,588 | +€16,056 | +78.2% |
| Remuneration and social security | 454/9 | €16,896 | €21,807 | +€4,912 | +29.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €90,739 | €109,615 | +€18,876 | +20.8% |
| Remuneration, social security and pensions | 62 | €67,486 | €35,211 | -€32,274 | -47.8% |
| Other operating charges | 640/8 | - | €201 | +€201 | |
| Non-recurring operating charges | 66A | €250 | - | -€250 | |
| Gross operating margin | 9900 | €85,173 | €43,286 | -€41,887 | -49.2% |
| Operating profit (loss) | 9901 | €17,437 | €7,874 | -€9,564 | -54.8% |
| Financial charges | 65/66B | €1,596 | €770 | -€826 | -51.8% |
| Recurring financial charges | 65 | €1,596 | €770 | -€826 | -51.8% |
| Profit (loss) for the period before taxes | 9903 | €15,841 | €7,104 | -€8,737 | -55.2% |
| Income taxes | 67/77 | - | €1,841 | +€1,841 | |
| Profit (loss) for the period | 9904 | €15,841 | €5,263 | -€10,578 | -66.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,841 | €5,263 | -€10,578 | -66.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.