MNG: what changed
Two fiscal 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.
MNG
Largest movements
- Cash +€9,711
up €9,711 (+686.3%), from €1,415 to €11,126
mainly Net result for the year (+€12,983) and Accrued charges and deferred income (+€2,832)
- Receivables within one year +€7,718
up €7,718 (+70.5%), from €10,942 to €18,660
of which Trade receivables: +€10,118
- Reserves +€19,765
new in 2025: €19,765
- Profit (loss) carried forward -€6,782
no longer reported in 2025 (was €6,782)
- Accrued charges and deferred income +€2,832
new in 2025: €2,832
- Tax, wage and social debts +€1,506
up €1,506 (+42.1%), from €3,575 to €5,081
of which Taxes: +€3,425
- Gross operating margin +€9,897
up €9,897 (+103.3%), from €9,582 to €19,479
- Taxes +€5,949
new in 2025: €5,949
- Depreciation -€1,518
no longer reported in 2025 (was €1,518)
- Other operating charges -€1,183
down €1,183 (-76.9%), from €1,539 to €356
- Financial income -€289
down €289 (-99.9%), from €289 to €0
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.
Cash bridge derived
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 | €12,357 | €29,853 | +€17,496 | +141.6% |
| Current assets | 29/58 | €12,357 | €29,853 | +€17,496 | +141.6% |
| Amounts receivable within one year | 40/41 | €10,942 | €18,660 | +€7,718 | +70.5% |
| Trade receivables | 40 | - | €10,118 | +€10,118 | |
| Other amounts receivable | 41 | €10,942 | €8,542 | -€2,400 | -21.9% |
| Cash at bank and in hand | 54/58 | €1,415 | €11,126 | +€9,711 | +686.3% |
| Deferred charges and accrued income | 490/1 | - | €67 | +€67 | |
| Total equity and liabilities | 10/49 | €12,357 | €29,853 | +€17,496 | +141.6% |
| Equity | 10/15 | €8,782 | €21,765 | +€12,983 | +147.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €19,765 | +€19,765 | |
| Distributable reserves | 133 | - | €19,765 | +€19,765 | |
| Profit (loss) carried forward | 14 | €6,782 | - | -€6,782 | |
| Amounts payable | 17/49 | €3,575 | €8,088 | +€4,513 | +126.2% |
| Amounts payable within one year | 42/48 | €3,575 | €5,256 | +€1,681 | +47.0% |
| Trade debts | 44 | - | €174 | +€174 | |
| Suppliers | 440/4 | - | €174 | +€174 | |
| Taxes, remuneration and social security | 45 | €3,575 | €5,081 | +€1,506 | +42.1% |
| Taxes | 450/3 | €1,656 | €5,081 | +€3,425 | +206.8% |
| Remuneration and social security | 454/9 | €1,919 | - | -€1,919 | |
| Accrued charges and deferred income | 492/3 | - | €2,832 | +€2,832 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,518 | - | -€1,518 | |
| Other operating charges | 640/8 | €1,539 | €356 | -€1,183 | -76.9% |
| Gross operating margin | 9900 | €9,582 | €19,479 | +€9,897 | +103.3% |
| Operating profit (loss) | 9901 | €6,525 | €19,123 | +€12,598 | +193.1% |
| Financial income | 75/76B | €289 | €0 | -€289 | -99.9% |
| Recurring financial income | 75 | €289 | €0 | -€289 | -99.9% |
| Financial charges | 65/66B | €32 | €192 | +€160 | +499.3% |
| Recurring financial charges | 65 | €32 | €192 | +€160 | +499.3% |
| Profit (loss) for the period before taxes | 9903 | €6,782 | €18,932 | +€12,150 | +179.1% |
| Income taxes | 67/77 | - | €5,949 | +€5,949 | |
| Profit (loss) for the period | 9904 | €6,782 | €12,983 | +€6,201 | +91.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,782 | €12,983 | +€6,201 | +91.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.