MR GROUP: 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.
MR GROUP
Largest movements
- Tangible fixed assets +€42,532
up €42,532 (+106.1%), from €40,071 to €82,604
of which Other tangible fixed assets: +€35,005
- Receivables within one year -€18,094
down €18,094 (-28.2%), from €64,267 to €46,173
of which Trade receivables: -€22,295
- Deferred charges and accrued income +€5,303
up €5,303 (+224.0%), from €2,367 to €7,670
- Cash -€2,320
down €2,320 (-76.7%), from €3,023 to €703
mainly Investment in fixed assets (net) (-€67,680) and Net result for the year (-€36,559)
- Debts after one year +€42,000
new in 2025: €42,000
- Profit (loss) carried forward -€36,559
down €36,559, from €14,873 to -€21,686
- Trade debts +€24,624
up €24,624 (+36.2%), from €68,094 to €92,719
- Other debts -€7,500
no longer reported in 2025 (was €7,500)
- Accrued charges and deferred income +€6,890
up €6,890 (+11113.4%), from €62 to €6,952
- Gross operating margin -€78,925
down €78,925 (-58.1%), from €135,812 to €56,888
- Staff costs -€29,567
down €29,567 (-32.1%), from €92,023 to €62,456
- Depreciation +€9,935
up €9,935 (+65.3%), from €15,213 to €25,147
- Taxes -€4,023
no longer reported in 2025 (was €4,023)
- Other operating charges +€3,151
up €3,151 (+219.8%), from €1,433 to €4,585
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 | €109,729 | €137,151 | +€27,422 | +25.0% |
| Fixed assets | 21/28 | €40,071 | €82,604 | +€42,532 | +106.1% |
| Tangible fixed assets | 22/27 | €40,071 | €82,604 | +€42,532 | +106.1% |
| Furniture and vehicles | 24 | €40,071 | €47,599 | +€7,528 | +18.8% |
| Other tangible fixed assets | 26 | - | €35,005 | +€35,005 | |
| Current assets | 29/58 | €69,657 | €54,547 | -€15,111 | -21.7% |
| Amounts receivable within one year | 40/41 | €64,267 | €46,173 | -€18,094 | -28.2% |
| Trade receivables | 40 | €64,267 | €41,973 | -€22,295 | -34.7% |
| Other amounts receivable | 41 | - | €4,201 | +€4,201 | |
| Cash at bank and in hand | 54/58 | €3,023 | €703 | -€2,320 | -76.7% |
| Deferred charges and accrued income | 490/1 | €2,367 | €7,670 | +€5,303 | +224.0% |
| Total equity and liabilities | 10/49 | €109,729 | €137,151 | +€27,422 | +25.0% |
| Equity | 10/15 | €17,873 | -€18,686 | -€36,559 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,873 | -€21,686 | -€36,559 | |
| Amounts payable | 17/49 | €91,856 | €155,837 | +€63,981 | +69.7% |
| Amounts payable after more than one year | 17 | - | €42,000 | +€42,000 | |
| Other amounts payable | 178/9 | - | €42,000 | +€42,000 | |
| Amounts payable within one year | 42/48 | €91,794 | €106,885 | +€15,091 | +16.4% |
| Trade debts | 44 | €68,094 | €92,719 | +€24,624 | +36.2% |
| Suppliers | 440/4 | €68,094 | €92,719 | +€24,624 | +36.2% |
| Taxes, remuneration and social security | 45 | €16,200 | €14,166 | -€2,034 | -12.6% |
| Taxes | 450/3 | €5,888 | €3,023 | -€2,865 | -48.7% |
| Remuneration and social security | 454/9 | €10,311 | €11,143 | +€832 | +8.1% |
| Other amounts payable | 47/48 | €7,500 | - | -€7,500 | |
| Accrued charges and deferred income | 492/3 | €62 | €6,952 | +€6,890 | +11113.4% |
| Remuneration, social security and pensions | 62 | €92,023 | €62,456 | -€29,567 | -32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,213 | €25,147 | +€9,935 | +65.3% |
| Other operating charges | 640/8 | €1,433 | €4,585 | +€3,151 | +219.8% |
| Gross operating margin | 9900 | €135,812 | €56,888 | -€78,925 | -58.1% |
| Operating profit (loss) | 9901 | €27,144 | -€35,300 | -€62,444 | |
| Financial income | 75/76B | €2 | €145 | +€143 | +7236.5% |
| Recurring financial income | 75 | €2 | €145 | +€143 | +7236.5% |
| Financial charges | 65/66B | €750 | €1,403 | +€653 | +87.1% |
| Recurring financial charges | 65 | €750 | €1,403 | +€653 | +87.1% |
| Profit (loss) for the period before taxes | 9903 | €26,396 | -€36,559 | -€62,955 | |
| Income taxes | 67/77 | €4,023 | - | -€4,023 | |
| Profit (loss) for the period | 9904 | €22,373 | -€36,559 | -€58,932 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,373 | -€36,559 | -€58,932 |
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 1 October 2026 via checked.be.