MUGABO TRANS & DIVERS: 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.
MUGABO TRANS & DIVERS
Largest movements
- Receivables within one year +€8,829
up €8,829 (+37.1%), from €23,777 to €32,605
of which Trade receivables: +€15,752
- Financial fixed assets +€8,800
up €8,800 (+255%), from €3,450 to €12,250
- Cash +€5,613
up €5,613 (+504%), from €1,114 to €6,728
mainly Tax, wage and social debts (+€12,177) and Trade debts (+€6,786)
- Deferred charges and accrued income +€1,845
new in 2025: €1,845
- Tax, wage and social debts +€12,177
up €12,177 (+649%), from €1,877 to €14,054
- Advances received -€8,054
no longer reported in 2025 (was €8,054)
- Trade debts +€6,786
up €6,786 (+209%), from €3,253 to €10,040
- Debts after one year +€5,768
new in 2025: €5,768
- Profit (loss) carried forward +€4,656
up €4,656 (+52.0%), from €8,956 to €13,613
- Gross operating margin +€8,354
up €8,354 (+153%), from €5,475 to €13,829
- Other operating charges +€4,949
up €4,949 (+124%), from €4,004 to €8,953
- Financial income +€1,251
new in 2025: €1,251
- Taxes +€690
new in 2025: €690
- Financial charges +€607
up €607 (+348%), from €174 to €781
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 | €28,341 | €53,428 | +€25,087 | +88.5% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €3,450 | €12,250 | +€8,800 | +255% |
| Financial fixed assets | 28 | €3,450 | €12,250 | +€8,800 | +255% |
| Current assets | 29/58 | €24,891 | €41,178 | +€16,287 | +65.4% |
| Amounts receivable within one year | 40/41 | €23,777 | €32,605 | +€8,829 | +37.1% |
| Trade receivables | 40 | €10,237 | €25,989 | +€15,752 | +154% |
| Other amounts receivable | 41 | €13,540 | €6,617 | -€6,923 | -51.1% |
| Cash at bank and in hand | 54/58 | €1,114 | €6,728 | +€5,613 | +504% |
| Deferred charges and accrued income | 490/1 | - | €1,845 | +€1,845 | |
| Total equity and liabilities | 10/49 | €28,341 | €53,428 | +€25,087 | +88.5% |
| Equity | 10/15 | €15,156 | €19,813 | +€4,656 | +30.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,956 | €13,613 | +€4,656 | +52.0% |
| Amounts payable | 17/49 | €13,185 | €33,615 | +€20,430 | +155% |
| Amounts payable after more than one year | 17 | - | €5,768 | +€5,768 | |
| Financial debts | 170/4 | - | €5,768 | +€5,768 | |
| Amounts payable within one year | 42/48 | €13,185 | €27,660 | +€14,475 | +110% |
| Current portion of amounts payable after more than one year | 42 | - | €3,566 | +€3,566 | |
| Trade debts | 44 | €3,253 | €10,040 | +€6,786 | +209% |
| Suppliers | 440/4 | €3,253 | €10,040 | +€6,786 | +209% |
| Advances received on contracts in progress | 46 | €8,054 | - | -€8,054 | |
| Taxes, remuneration and social security | 45 | €1,877 | €14,054 | +€12,177 | +649% |
| Taxes | 450/3 | €1,877 | €14,054 | +€12,177 | +649% |
| Accrued charges and deferred income | 492/3 | - | €187 | +€187 | |
| Other operating charges | 640/8 | €4,004 | €8,953 | +€4,949 | +124% |
| Gross operating margin | 9900 | €5,475 | €13,829 | +€8,354 | +153% |
| Operating profit (loss) | 9901 | €1,471 | €4,876 | +€3,405 | +231% |
| Financial income | 75/76B | - | €1,251 | +€1,251 | |
| Recurring financial income | 75 | - | €1,251 | +€1,251 | |
| Financial charges | 65/66B | €174 | €781 | +€607 | +348% |
| Recurring financial charges | 65 | €174 | €781 | +€607 | +348% |
| Profit (loss) for the period before taxes | 9903 | €1,297 | €5,346 | +€4,049 | +312% |
| Income taxes | 67/77 | - | €690 | +€690 | |
| Profit (loss) for the period | 9904 | €1,297 | €4,656 | +€3,359 | +259% |
| Profit (loss) for the period to be appropriated | 9905 | €1,297 | €4,656 | +€3,359 | +259% |
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 29 October 2026 via checked.be.