Morgante Building & Engineering: 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.
Morgante Building & Engineering
Largest movements
- Cash +€54,635
up €54,635 (+321.6%), from €16,987 to €71,622
mainly Net result for the year (+€48,151) and Other debts (+€10,000)
- Receivables within one year -€8,647
down €8,647 (-79.0%), from €10,941 to €2,294
of which Trade receivables: -€10,938
- Profit (loss) carried forward +€33,865
new in 2025: €33,865
- Other debts +€10,000
new in 2025: €10,000
- Tax, wage and social debts +€3,954
up €3,954 (+29.9%), from €13,221 to €17,175
of which Taxes: +€6,419
- Trade debts -€1,840
down €1,840 (-66.0%), from €2,786 to €946
- Turnover +€104,784
up €104,784 (+304.4%), from €34,426 to €139,210
- Purchases and services +€55,649
up €55,649 (+269.2%), from €20,674 to €76,323
- Gross operating margin +€49,342
up €49,342 (+357.0%), from €13,820 to €63,162
- Taxes +€10,056
up €10,056 (+241.4%), from €4,166 to €14,222
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 | €30,466 | €76,445 | +€45,979 | +150.9% |
| Fixed assets | 21/28 | €1,399 | €1,793 | +€394 | +28.2% |
| Tangible fixed assets | 22/27 | €1,399 | €1,793 | +€394 | +28.2% |
| Furniture and vehicles | 24 | €1,399 | €1,793 | +€394 | +28.2% |
| Current assets | 29/58 | €29,067 | €74,652 | +€45,585 | +156.8% |
| Amounts receivable within one year | 40/41 | €10,941 | €2,294 | -€8,647 | -79.0% |
| Trade receivables | 40 | €10,938 | €0 | -€10,938 | -100.0% |
| Other amounts receivable | 41 | €3 | €2,294 | +€2,291 | +69631.0% |
| Cash at bank and in hand | 54/58 | €16,987 | €71,622 | +€54,635 | +321.6% |
| Deferred charges and accrued income | 490/1 | €1,138 | €735 | -€403 | -35.4% |
| Total equity and liabilities | 10/49 | €30,466 | €76,445 | +€45,979 | +150.9% |
| Equity | 10/15 | €14,459 | €48,324 | +€33,865 | +234.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €9,459 | €9,459 | = | 0.0% |
| Distributable reserves | 133 | €9,459 | €9,459 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €33,865 | +€33,865 | |
| Amounts payable | 17/49 | €16,007 | €28,121 | +€12,114 | +75.7% |
| Amounts payable within one year | 42/48 | €16,007 | €28,121 | +€12,114 | +75.7% |
| Trade debts | 44 | €2,786 | €946 | -€1,840 | -66.0% |
| Suppliers | 440/4 | €2,786 | €946 | -€1,840 | -66.0% |
| Taxes, remuneration and social security | 45 | €13,221 | €17,175 | +€3,954 | +29.9% |
| Taxes | 450/3 | €10,756 | €17,175 | +€6,419 | +59.7% |
| Remuneration and social security | 454/9 | €2,465 | €0 | -€2,465 | -100.0% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Turnover | 70 | €34,426 | €139,210 | +€104,784 | +304.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €20,674 | €76,323 | +€55,649 | +269.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €139 | €646 | +€507 | +363.6% |
| Other operating charges | 640/8 | - | €46 | +€46 | |
| Gross operating margin | 9900 | €13,820 | €63,162 | +€49,342 | +357.0% |
| Operating profit (loss) | 9901 | €13,681 | €62,470 | +€48,789 | +356.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €56 | €97 | +€41 | +73.3% |
| Recurring financial charges | 65 | €56 | €97 | +€41 | +73.3% |
| Profit (loss) for the period before taxes | 9903 | €13,625 | €62,373 | +€48,748 | +357.8% |
| Income taxes | 67/77 | €4,166 | €14,222 | +€10,056 | +241.4% |
| Profit (loss) for the period | 9904 | €9,459 | €48,151 | +€38,692 | +409.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,459 | €48,151 | +€38,692 | +409.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.