MRG AUDIOVISUAL: what changed
MRG AUDIOVISUAL
Largest movements
- Cash +€51,870
up €51,870 (+68.4%), from €75,822 to €127,692
mainly Net result for the year (+€72,100) and Depreciation (+€44,789)
- Tangible fixed assets -€30,458
down €30,458 (-21.6%), from €140,984 to €110,527
of which Plant, machinery and equipment: -€22,093
- Receivables within one year -€13,686
down €13,686 (-69.0%), from €19,840 to €6,153
of which Trade receivables: -€13,951
- Other debts -€92,141
no longer reported in 2025 (was €92,141)
- Profit (loss) carried forward +€72,100
up €72,100 (+74.2%), from €97,190 to €169,289
- Tax, wage and social debts +€26,790
up €26,790 (+70.3%), from €38,100 to €64,890
- Gross operating margin -€26,351
down €26,351 (-15.6%), from €168,862 to €142,511
- Taxes -€8,466
down €8,466 (-26.1%), from €32,499 to €24,033
- Depreciation +€7,067
up €7,067 (+18.7%), from €37,721 to €44,789
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €236,646 | €245,644 | +€8,997 | +3.8% |
| Fixed assets | 21/28 | €140,984 | €110,527 | -€30,458 | -21.6% |
| Tangible fixed assets | 22/27 | €140,984 | €110,527 | -€30,458 | -21.6% |
| Plant, machinery and equipment | 23 | €113,521 | €91,428 | -€22,093 | -19.5% |
| Furniture and vehicles | 24 | €27,463 | €19,098 | -€8,365 | -30.5% |
| Current assets | 29/58 | €95,662 | €135,117 | +€39,455 | +41.2% |
| Amounts receivable within one year | 40/41 | €19,840 | €6,153 | -€13,686 | -69.0% |
| Trade receivables | 40 | €19,840 | €5,889 | -€13,951 | -70.3% |
| Other amounts receivable | 41 | - | €265 | +€265 | |
| Cash at bank and in hand | 54/58 | €75,822 | €127,692 | +€51,870 | +68.4% |
| Deferred charges and accrued income | 490/1 | - | €1,271 | +€1,271 | |
| Total equity and liabilities | 10/49 | €236,646 | €245,644 | +€8,997 | +3.8% |
| Equity | 10/15 | €102,190 | €174,289 | +€72,100 | +70.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,190 | €169,289 | +€72,100 | +74.2% |
| Amounts payable | 17/49 | €134,457 | €71,354 | -€63,102 | -46.9% |
| Amounts payable within one year | 42/48 | €134,457 | €71,354 | -€63,102 | -46.9% |
| Trade debts | 44 | €4,216 | €6,464 | +€2,248 | +53.3% |
| Suppliers | 440/4 | €4,216 | €6,464 | +€2,248 | +53.3% |
| Taxes, remuneration and social security | 45 | €38,100 | €64,890 | +€26,790 | +70.3% |
| Taxes | 450/3 | €38,100 | €64,890 | +€26,790 | +70.3% |
| Other amounts payable | 47/48 | €92,141 | - | -€92,141 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,721 | €44,789 | +€7,067 | +18.7% |
| Other operating charges | 640/8 | €1,274 | €1,023 | -€252 | -19.7% |
| Gross operating margin | 9900 | €168,862 | €142,511 | -€26,351 | -15.6% |
| Operating profit (loss) | 9901 | €129,866 | €96,700 | -€33,166 | -25.5% |
| Financial income | 75/76B | €1 | €2 | +€1 | +76.0% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +76.0% |
| Financial charges | 65/66B | €178 | €569 | +€390 | +219% |
| Recurring financial charges | 65 | €178 | €569 | +€390 | +219% |
| Profit (loss) for the period before taxes | 9903 | €129,689 | €96,133 | -€33,556 | -25.9% |
| Income taxes | 67/77 | €32,499 | €24,033 | -€8,466 | -26.1% |
| Profit (loss) for the period | 9904 | €97,190 | €72,100 | -€25,090 | -25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €97,190 | €72,100 | -€25,090 | -25.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.