MPMG: 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.
MPMG
Largest movements
- Receivables within one year -€126,449
down €126,449 (-45.0%), from €280,992 to €154,543
of which Trade receivables: -€156,479
- Cash +€47,214
up €47,214 (+84.7%), from €55,761 to €102,975
mainly Net result for the year (+€141,727) and Receivables within one year (+€126,449)
- Trade debts -€226,801
down €226,801 (-97.7%), from €232,064 to €5,264
- Profit (loss) carried forward +€141,727
up €141,727 (+193.8%), from €73,113 to €214,840
- Tax, wage and social debts +€23,950
up €23,950 (+58.8%), from €40,744 to €64,694
of which Taxes: +€20,605
- Debts after one year -€16,822
down €16,822 (-10.2%), from €164,904 to €148,081
- Gross operating margin +€191,858
up €191,858 (+200.4%), from €95,750 to €287,608
- Financial charges +€65,297
up €65,297 (+1579.7%), from €4,134 to €69,431
- Taxes +€62,690
up €62,690, from -€24 to €62,666
- Depreciation -€20,550
down €20,550 (-68.3%), from €30,077 to €9,526
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 | €533,738 | €451,702 | -€82,036 | -15.4% |
| Fixed assets | 21/28 | €195,840 | €193,743 | -€2,097 | -1.1% |
| Tangible fixed assets | 22/27 | €195,840 | €193,743 | -€2,097 | -1.1% |
| Land and buildings | 22 | €185,403 | €178,788 | -€6,615 | -3.6% |
| Plant, machinery and equipment | 23 | - | €1,150 | +€1,150 | |
| Furniture and vehicles | 24 | €10,437 | €8,935 | -€1,502 | -14.4% |
| Assets under construction and advance payments | 27 | - | €4,870 | +€4,870 | |
| Current assets | 29/58 | €337,897 | €257,959 | -€79,939 | -23.7% |
| Amounts receivable within one year | 40/41 | €280,992 | €154,543 | -€126,449 | -45.0% |
| Trade receivables | 40 | €280,903 | €124,424 | -€156,479 | -55.7% |
| Other amounts receivable | 41 | €88 | €30,119 | +€30,030 | +33963.4% |
| Cash at bank and in hand | 54/58 | €55,761 | €102,975 | +€47,214 | +84.7% |
| Deferred charges and accrued income | 490/1 | €1,145 | €441 | -€704 | -61.5% |
| Total equity and liabilities | 10/49 | €533,738 | €451,702 | -€82,036 | -15.4% |
| Equity | 10/15 | €75,113 | €216,840 | +€141,727 | +188.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,113 | €214,840 | +€141,727 | +193.8% |
| Amounts payable | 17/49 | €458,624 | €234,862 | -€223,763 | -48.8% |
| Amounts payable after more than one year | 17 | €164,904 | €148,081 | -€16,822 | -10.2% |
| Financial debts | 170/4 | €164,904 | €148,081 | -€16,822 | -10.2% |
| Amounts payable within one year | 42/48 | €293,582 | €86,780 | -€206,801 | -70.4% |
| Current portion of amounts payable after more than one year | 42 | €17,536 | €16,822 | -€714 | -4.1% |
| Trade debts | 44 | €232,064 | €5,264 | -€226,801 | -97.7% |
| Suppliers | 440/4 | €232,064 | €5,264 | -€226,801 | -97.7% |
| Taxes, remuneration and social security | 45 | €40,744 | €64,694 | +€23,950 | +58.8% |
| Taxes | 450/3 | €40,624 | €61,229 | +€20,605 | +50.7% |
| Remuneration and social security | 454/9 | €120 | €3,466 | +€3,346 | +2788.1% |
| Other amounts payable | 47/48 | €3,237 | €0 | -€3,237 | -100.0% |
| Accrued charges and deferred income | 492/3 | €139 | €0 | -€139 | -100.0% |
| Remuneration, social security and pensions | 62 | €279 | €221 | -€58 | -20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,077 | €9,526 | -€20,550 | -68.3% |
| Other operating charges | 640/8 | €1,596 | €1,925 | +€329 | +20.6% |
| Non-recurring operating charges | 66A | - | €3,021 | +€3,021 | |
| Gross operating margin | 9900 | €95,750 | €287,608 | +€191,858 | +200.4% |
| Operating profit (loss) | 9901 | €63,798 | €272,914 | +€209,116 | +327.8% |
| Financial income | 75/76B | €0 | €910 | +€910 | +433176.2% |
| Recurring financial income | 75 | €0 | €910 | +€910 | +433176.2% |
| Financial charges | 65/66B | €4,134 | €69,431 | +€65,297 | +1579.7% |
| Recurring financial charges | 65 | €4,134 | €69,431 | +€65,297 | +1579.7% |
| Profit (loss) for the period before taxes | 9903 | €59,665 | €204,393 | +€144,729 | +242.6% |
| Income taxes | 67/77 | -€24 | €62,666 | +€62,690 | |
| Profit (loss) for the period | 9904 | €59,688 | €141,727 | +€82,038 | +137.4% |
| Profit (loss) for the period to be appropriated | 9905 | €59,688 | €141,727 | +€82,038 | +137.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.