MPG WOOD: 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.
"MPG WOOD"
Largest movements
- Tangible fixed assets +€329,178
up €329,178 (+3,026%), from €10,877 to €340,055
of which Land and buildings: +€330,432
- Receivables within one year -€23,332
down €23,332 (-44.0%), from €53,019 to €29,687
of which Other amounts receivable: -€23,435
- Cash +€6,022
up €6,022 (+250%), from €2,413 to €8,435
mainly Debts after one year (+€266,197) and Other debts (+€60,636)
- Debts after one year +€266,197
up €266,197 (+4,890%), from €5,443 to €271,640
- Other debts +€60,636
up €60,636 (+2,182%), from €2,779 to €63,415
- Current portion of long-term debt +€10,839
up €10,839 (+739%), from €1,466 to €12,305
- Profit (loss) carried forward -€10,182
down €10,182 (-42.2%), from €24,104 to €13,922
- Trade debts -€9,814
down €9,814 (-36.9%), from €26,592 to €16,778
- Depreciation +€9,904
up €9,904 (+432%), from €2,293 to €12,197
- Financial charges +€7,911
up €7,911 (+553%), from €1,431 to €9,342
- Gross operating margin +€4,456
up €4,456 (+41.5%), from €10,725 to €15,181
- Taxes -€1,258
down €1,258, from €1,232 to -€26
- Other operating charges +€1,237
up €1,237 (+47.2%), from €2,618 to €3,855
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 | €68,537 | €380,706 | +€312,169 | +455% |
| Fixed assets | 21/28 | €11,240 | €340,418 | +€329,178 | +2,929% |
| Tangible fixed assets | 22/27 | €10,877 | €340,055 | +€329,178 | +3,026% |
| Land and buildings | 22 | - | €330,432 | +€330,432 | |
| Plant, machinery and equipment | 23 | €3,154 | €3,415 | +€261 | +8.3% |
| Furniture and vehicles | 24 | €990 | €1,059 | +€69 | +6.9% |
| Leasing and similar rights | 25 | €6,733 | €5,149 | -€1,584 | -23.5% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €57,296 | €40,288 | -€17,008 | -29.7% |
| Amounts receivable within one year | 40/41 | €53,019 | €29,687 | -€23,332 | -44.0% |
| Trade receivables | 40 | €25,730 | €25,832 | +€103 | +0.4% |
| Other amounts receivable | 41 | €27,289 | €3,854 | -€23,435 | -85.9% |
| Cash at bank and in hand | 54/58 | €2,413 | €8,435 | +€6,022 | +250% |
| Deferred charges and accrued income | 490/1 | €1,865 | €2,166 | +€302 | +16.2% |
| Total equity and liabilities | 10/49 | €68,537 | €380,706 | +€312,169 | +455% |
| Equity | 10/15 | €25,104 | €14,922 | -€10,182 | -40.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,104 | €13,922 | -€10,182 | -42.2% |
| Amounts payable | 17/49 | €43,432 | €365,784 | +€322,352 | +742% |
| Amounts payable after more than one year | 17 | €5,443 | €271,640 | +€266,197 | +4,890% |
| Financial debts | 170/4 | €5,443 | €271,640 | +€266,197 | +4,890% |
| Amounts payable within one year | 42/48 | €37,989 | €94,144 | +€56,155 | +148% |
| Current portion of amounts payable after more than one year | 42 | €1,466 | €12,305 | +€10,839 | +739% |
| Trade debts | 44 | €26,592 | €16,778 | -€9,814 | -36.9% |
| Suppliers | 440/4 | €26,592 | €16,778 | -€9,814 | -36.9% |
| Taxes, remuneration and social security | 45 | €7,151 | €1,646 | -€5,506 | -77.0% |
| Taxes | 450/3 | €7,151 | €1,646 | -€5,506 | -77.0% |
| Other amounts payable | 47/48 | €2,779 | €63,415 | +€60,636 | +2,182% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,293 | €12,197 | +€9,904 | +432% |
| Other operating charges | 640/8 | €2,618 | €3,855 | +€1,237 | +47.2% |
| Gross operating margin | 9900 | €10,725 | €15,181 | +€4,456 | +41.5% |
| Operating profit (loss) | 9901 | €5,815 | -€870 | -€6,684 | |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €1,431 | €9,342 | +€7,911 | +553% |
| Recurring financial charges | 65 | €1,431 | €9,342 | +€7,911 | +553% |
| Profit (loss) for the period before taxes | 9903 | €4,384 | -€10,208 | -€14,592 | |
| Income taxes | 67/77 | €1,232 | -€26 | -€1,258 | |
| Profit (loss) for the period | 9904 | €3,152 | -€10,182 | -€13,334 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,152 | -€10,182 | -€13,334 |
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 30 October 2026 via checked.be.