MRG GROUP: 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.
MRG GROUP
Largest movements
- Receivables within one year -€15,864
down €15,864 (-71.1%), from €22,316 to €6,452
of which Other amounts receivable: -€12,009
- Tangible fixed assets -€1,333
down €1,333 (-43.0%), from €3,104 to €1,771
- Profit (loss) carried forward -€16,139
down €16,139, from €12,355 to -€3,785
- Tax, wage and social debts -€3,170
down €3,170 (-48.8%), from €6,500 to €3,329
of which Remuneration and social security: -€2,561
- Other debts +€1,763
up €1,763 (+212%), from €833 to €2,596
- Trade debts +€523
up €523 (+54.8%), from €955 to €1,478
- Gross operating margin -€30,697
down €30,697, from €17,968 to -€12,728
- Taxes -€3,327
no longer reported in 2025 (was €3,327)
- Financial charges +€1,597
up €1,597 (+594%), from €269 to €1,866
- Depreciation +€437
up €437 (+48.8%), from €896 to €1,333
- Other operating charges -€383
down €383 (-48.9%), from €783 to €400
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 | €25,642 | €8,618 | -€17,024 | -66.4% |
| Fixed assets | 21/28 | €3,104 | €1,771 | -€1,333 | -43.0% |
| Tangible fixed assets | 22/27 | €3,104 | €1,771 | -€1,333 | -43.0% |
| Furniture and vehicles | 24 | €3,104 | €1,771 | -€1,333 | -43.0% |
| Current assets | 29/58 | €22,538 | €6,848 | -€15,690 | -69.6% |
| Amounts receivable within one year | 40/41 | €22,316 | €6,452 | -€15,864 | -71.1% |
| Trade receivables | 40 | €7,500 | €3,645 | -€3,855 | -51.4% |
| Other amounts receivable | 41 | €14,816 | €2,807 | -€12,009 | -81.1% |
| Cash at bank and in hand | 54/58 | €1 | €179 | +€178 | +19,174% |
| Deferred charges and accrued income | 490/1 | €222 | €217 | -€5 | -2.2% |
| Total equity and liabilities | 10/49 | €25,642 | €8,618 | -€17,024 | -66.4% |
| Equity | 10/15 | €17,355 | €1,215 | -€16,139 | -93.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,355 | -€3,785 | -€16,139 | |
| Amounts payable | 17/49 | €8,287 | €7,403 | -€884 | -10.7% |
| Amounts payable within one year | 42/48 | €8,287 | €7,403 | -€884 | -10.7% |
| Trade debts | 44 | €955 | €1,478 | +€523 | +54.8% |
| Suppliers | 440/4 | €955 | €1,478 | +€523 | +54.8% |
| Taxes, remuneration and social security | 45 | €6,500 | €3,329 | -€3,170 | -48.8% |
| Taxes | 450/3 | €3,939 | €3,329 | -€609 | -15.5% |
| Remuneration and social security | 454/9 | €2,561 | - | -€2,561 | |
| Other amounts payable | 47/48 | €833 | €2,596 | +€1,763 | +212% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €896 | €1,333 | +€437 | +48.8% |
| Other operating charges | 640/8 | €783 | €400 | -€383 | -48.9% |
| Gross operating margin | 9900 | €17,968 | -€12,728 | -€30,697 | |
| Operating profit (loss) | 9901 | €16,289 | -€14,461 | -€30,751 | |
| Financial income | 75/76B | €494 | €188 | -€306 | -62.0% |
| Recurring financial income | 75 | €494 | €188 | -€306 | -62.0% |
| Financial charges | 65/66B | €269 | €1,866 | +€1,597 | +594% |
| Recurring financial charges | 65 | €269 | €1,866 | +€1,597 | +594% |
| Profit (loss) for the period before taxes | 9903 | €16,515 | -€16,139 | -€32,654 | |
| Income taxes | 67/77 | €3,327 | - | -€3,327 | |
| Profit (loss) for the period | 9904 | €13,188 | -€16,139 | -€29,327 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,188 | -€16,139 | -€29,327 |
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 21 October 2026 via checked.be.