MYG: 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.
MYG
Largest movements
- Tangible fixed assets +€8,171
up €8,171 (+2.3%), from €359,742 to €367,913
of which Land and buildings: +€6,953
- Receivables within one year -€7,714
down €7,714 (-11.7%), from €65,900 to €58,186
of which Trade receivables: -€5,196
- Other debts +€58,718
up €58,718 (+37.2%), from €157,860 to €216,578
- Debts after one year -€28,560
down €28,560 (-4.7%), from €608,566 to €580,006
of which Financial debts: -€28,560
- Profit (loss) carried forward -€25,388
down €25,388 (-3.5%), from -€728,011 to -€753,399
- Gross operating margin -€26,065
down €26,065 (-43.7%), from €59,640 to €33,575
- Financial charges -€4,722
down €4,722 (-24.1%), from €19,605 to €14,883
- Other operating charges +€2,212
up €2,212 (+21.9%), from €10,119 to €12,330
- Depreciation +€2,001
up €2,001 (+6.7%), from €29,748 to €31,749
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 | €483,460 | €486,753 | +€3,293 | +0.7% |
| Fixed assets | 21/28 | €360,027 | €368,198 | +€8,171 | +2.3% |
| Tangible fixed assets | 22/27 | €359,742 | €367,913 | +€8,171 | +2.3% |
| Land and buildings | 22 | €331,496 | €338,449 | +€6,953 | +2.1% |
| Furniture and vehicles | 24 | - | €2,030 | +€2,030 | |
| Other tangible fixed assets | 26 | €28,245 | €27,435 | -€811 | -2.9% |
| Financial fixed assets | 28 | €285 | €285 | = | 0.0% |
| Current assets | 29/58 | €123,433 | €118,554 | -€4,878 | -4.0% |
| Stocks and contracts in progress | 3 | €57,508 | €57,030 | -€478 | -0.8% |
| Stocks | 30/36 | €57,508 | €57,030 | -€478 | -0.8% |
| Amounts receivable within one year | 40/41 | €65,900 | €58,186 | -€7,714 | -11.7% |
| Trade receivables | 40 | €63,288 | €58,092 | -€5,196 | -8.2% |
| Other amounts receivable | 41 | €2,612 | €94 | -€2,518 | -96.4% |
| Current investments | 50/53 | €25 | €25 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €3,314 | +€3,314 | |
| Total equity and liabilities | 10/49 | €483,460 | €486,753 | +€3,293 | +0.7% |
| Equity | 10/15 | -€325,519 | -€350,907 | -€25,388 | -7.8% |
| Contributions | 10/11 | €162,000 | €162,000 | = | 0.0% |
| Capital | 10 | €162,000 | €162,000 | = | 0.0% |
| Issued capital | 100 | €162,000 | €162,000 | = | 0.0% |
| Revaluation surpluses | 12 | €37,487 | €37,487 | = | 0.0% |
| Reserves | 13 | €203,005 | €203,005 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €196,808 | €196,808 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€728,011 | -€753,399 | -€25,388 | -3.5% |
| Amounts payable | 17/49 | €808,978 | €837,659 | +€28,681 | +3.5% |
| Amounts payable after more than one year | 17 | €608,566 | €580,006 | -€28,560 | -4.7% |
| Financial debts | 170/4 | €607,281 | €578,721 | -€28,560 | -4.7% |
| Other amounts payable | 178/9 | €1,285 | €1,285 | = | 0.0% |
| Amounts payable within one year | 42/48 | €200,412 | €257,653 | +€57,241 | +28.6% |
| Current portion of amounts payable after more than one year | 42 | €27,191 | €28,560 | +€1,369 | +5.0% |
| Financial debts | 43 | €2,316 | - | -€2,316 | |
| Credit institutions | 430/8 | €2,316 | - | -€2,316 | |
| Trade debts | 44 | €12,939 | €11,759 | -€1,180 | -9.1% |
| Suppliers | 440/4 | €12,939 | €11,759 | -€1,180 | -9.1% |
| Taxes, remuneration and social security | 45 | €106 | €756 | +€650 | +614.6% |
| Taxes | 450/3 | €106 | €756 | +€650 | +614.6% |
| Other amounts payable | 47/48 | €157,860 | €216,578 | +€58,718 | +37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,748 | €31,749 | +€2,001 | +6.7% |
| Other operating charges | 640/8 | €10,119 | €12,330 | +€2,212 | +21.9% |
| Gross operating margin | 9900 | €59,640 | €33,575 | -€26,065 | -43.7% |
| Operating profit (loss) | 9901 | €19,773 | -€10,505 | -€30,278 | |
| Financial income | 75/76B | €508 | - | -€508 | |
| Recurring financial income | 75 | €508 | - | -€508 | |
| Financial charges | 65/66B | €19,605 | €14,883 | -€4,722 | -24.1% |
| Recurring financial charges | 65 | €19,605 | €14,883 | -€4,722 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €676 | -€25,388 | -€26,064 | |
| Profit (loss) for the period | 9904 | €676 | -€25,388 | -€26,064 | |
| Profit (loss) for the period to be appropriated | 9905 | €676 | -€25,388 | -€26,064 |
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 3 October 2026 via checked.be.