MNG TECHNICS: 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.
MNG TECHNICS
Largest movements
- Receivables within one year -€61,583
down €61,583 (-81.6%), from €75,501 to €13,918
of which Trade receivables: -€55,124
- Cash +€51,190
up €51,190 (+374%), from €13,701 to €64,892
mainly Receivables within one year (+€61,583) and Net result for the year (+€21,545)
- Deferred charges and accrued income -€3,719
down €3,719 (-55.2%), from €6,733 to €3,014
- Tangible fixed assets -€2,541
down €2,541 (-13.2%), from €19,256 to €16,715
of which Furniture and vehicles: -€3,398
- Trade debts -€28,329
down €28,329 (-65.8%), from €43,062 to €14,733
- Reserves +€21,545
up €21,545 (+58.2%), from €36,987 to €58,531
- Tax, wage and social debts -€10,232
down €10,232 (-77.3%), from €13,232 to €3,000
- Advances received +€6,356
new in 2025: €6,356
- Debts after one year -€6,222
down €6,222 (-56.3%), from €11,043 to €4,821
- Gross operating margin +€22,350
up €22,350 (+120%), from €18,678 to €41,028
- Depreciation +€4,517
up €4,517 (+147%), from €3,083 to €7,600
- Taxes +€4,412
up €4,412 (+189%), from €2,336 to €6,748
- Financial charges -€3,102
down €3,102 (-46.0%), from €6,745 to €3,643
of which Non-recurring financial charges: -€4,122
- Other operating charges +€658
up €658 (+77.5%), from €849 to €1,508
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 | €115,191 | €98,539 | -€16,653 | -14.5% |
| Fixed assets | 21/28 | €19,256 | €16,715 | -€2,541 | -13.2% |
| Tangible fixed assets | 22/27 | €19,256 | €16,715 | -€2,541 | -13.2% |
| Furniture and vehicles | 24 | €17,970 | €14,573 | -€3,398 | -18.9% |
| Other tangible fixed assets | 26 | €1,286 | €2,142 | +€856 | +66.6% |
| Current assets | 29/58 | €95,935 | €81,824 | -€14,111 | -14.7% |
| Amounts receivable within one year | 40/41 | €75,501 | €13,918 | -€61,583 | -81.6% |
| Trade receivables | 40 | €61,105 | €5,981 | -€55,124 | -90.2% |
| Other amounts receivable | 41 | €14,396 | €7,938 | -€6,459 | -44.9% |
| Cash at bank and in hand | 54/58 | €13,701 | €64,892 | +€51,190 | +374% |
| Deferred charges and accrued income | 490/1 | €6,733 | €3,014 | -€3,719 | -55.2% |
| Total equity and liabilities | 10/49 | €115,191 | €98,539 | -€16,653 | -14.5% |
| Equity | 10/15 | €39,987 | €61,531 | +€21,545 | +53.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €36,987 | €58,531 | +€21,545 | +58.2% |
| Distributable reserves | 133 | €36,987 | €58,531 | +€21,545 | +58.2% |
| Amounts payable | 17/49 | €75,205 | €37,007 | -€38,197 | -50.8% |
| Amounts payable after more than one year | 17 | €11,043 | €4,821 | -€6,222 | -56.3% |
| Financial debts | 170/4 | €11,043 | €4,821 | -€6,222 | -56.3% |
| Amounts payable within one year | 42/48 | €64,162 | €32,186 | -€31,976 | -49.8% |
| Current portion of amounts payable after more than one year | 42 | €5,994 | €6,222 | +€228 | +3.8% |
| Financial debts | 43 | €1,875 | €1,875 | = | 0.0% |
| Credit institutions | 430/8 | €1,875 | €1,875 | = | 0.0% |
| Trade debts | 44 | €43,062 | €14,733 | -€28,329 | -65.8% |
| Suppliers | 440/4 | €43,062 | €14,733 | -€28,329 | -65.8% |
| Advances received on contracts in progress | 46 | - | €6,356 | +€6,356 | |
| Taxes, remuneration and social security | 45 | €13,232 | €3,000 | -€10,232 | -77.3% |
| Taxes | 450/3 | €13,232 | €3,000 | -€10,232 | -77.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,083 | €7,600 | +€4,517 | +147% |
| Other operating charges | 640/8 | €849 | €1,508 | +€658 | +77.5% |
| Non-recurring operating charges | 66A | €1,931 | €0 | -€1,931 | -100% |
| Gross operating margin | 9900 | €18,678 | €41,028 | +€22,350 | +120% |
| Operating profit (loss) | 9901 | €12,815 | €31,920 | +€19,105 | +149% |
| Financial income | 75/76B | €22 | €16 | -€7 | -29.3% |
| Recurring financial income | 75 | €22 | €16 | -€7 | -29.3% |
| Financial charges | 65/66B | €6,745 | €3,643 | -€3,102 | -46.0% |
| Recurring financial charges | 65 | €2,623 | €3,643 | +€1,020 | +38.9% |
| Non-recurring financial charges | 66B | €4,122 | €0 | -€4,122 | -100% |
| Profit (loss) for the period before taxes | 9903 | €6,092 | €28,292 | +€22,200 | +364% |
| Income taxes | 67/77 | €2,336 | €6,748 | +€4,412 | +189% |
| Profit (loss) for the period | 9904 | €3,757 | €21,545 | +€17,788 | +473% |
| Profit (loss) for the period to be appropriated | 9905 | €3,757 | €21,545 | +€17,788 | +473% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.