MYG Lease: what changed
What changed
MYG Lease
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
-€9,093
2024 · -€36,665+€27,572
Equity
-€231,929
2024 · -€222,836-€9,093
Cash
€160
2024 · €41,307-€41,147
Balance sheet total
€65,728
2024 · €107,394-€41,666
Largest movements
Assets
- Cash -€41,147
down €41,147 (-99.6%), from €41,307 to €160
mainly Short-term financial debts (-€51,390) and Net result for the year (-€9,093)
- Tangible fixed assets -€2,044
down €2,044 (-15.1%), from €13,521 to €11,477
of which Land and buildings: -€2,480
- Receivables within one year +€1,800
new in 2025: €1,800
Equity and liabilities
- Short-term financial debts -€51,390
down €51,390 (-62.4%), from €82,300 to €30,910
- Other debts +€18,696
up €18,696 (+7.9%), from €235,566 to €254,262
- Profit (loss) carried forward -€9,093
down €9,093 (-3.6%), from -€255,836 to -€264,929
- Tax, wage and social debts +€1,973
up €1,973 (+49.2%), from €4,009 to €5,983
- Trade debts -€1,852
down €1,852 (-22.2%), from €8,354 to €6,502
Income statement
- Gross operating margin +€23,342
up €23,342 (+96.9%), from -€24,093 to -€751
- Financial charges -€422
down €422 (-7.8%), from €5,395 to €4,973
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.
Result 2024
-€36,665
Gross operating margin
+€23,342
Depreciation
+€212
Other operating charges
-€17
Other operating items
+€3,825
Financial income
-€213
Financial charges
+€422
Result 2025
-€9,093
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€10,746
Investment
-€503
Financing
-€51,390
Cash 2024
€41,307
From operations (derived)
+€10,746
Net result for the year
-€9,093
Depreciation
+€2,547
Receivables within one year
-€1,800
Deferred charges and accrued income
+€276
Trade debts
-€1,852
Tax, wage and social debts
+€1,973
Other debts
+€18,696
Investment (derived)
-€503
Investment in fixed assets (net)
-€503
Financing
-€51,390
Short-term financial debts
-€51,390
Cash 2025
€160
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €107,394 | €65,728 | -€41,666 | -38.8% |
| Fixed assets | 21/28 | €13,521 | €11,477 | -€2,044 | -15.1% |
| Tangible fixed assets | 22/27 | €13,521 | €11,477 | -€2,044 | -15.1% |
| Land and buildings | 22 | €13,261 | €10,781 | -€2,480 | -18.7% |
| Plant, machinery and equipment | 23 | €129 | €696 | +€567 | +438% |
| Furniture and vehicles | 24 | €130 | - | -€130 | |
| Current assets | 29/58 | €93,874 | €54,251 | -€39,623 | -42.2% |
| Stocks and contracts in progress | 3 | €51,950 | €51,950 | = | 0.0% |
| Stocks | 30/36 | €51,950 | €51,950 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €1,800 | +€1,800 | |
| Trade receivables | 40 | - | €1,800 | +€1,800 | |
| Cash at bank and in hand | 54/58 | €41,307 | €160 | -€41,147 | -99.6% |
| Deferred charges and accrued income | 490/1 | €616 | €341 | -€276 | -44.7% |
| Total equity and liabilities | 10/49 | €107,394 | €65,728 | -€41,666 | -38.8% |
| Equity | 10/15 | -€222,836 | -€231,929 | -€9,093 | -4.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Capital | 10 | €30,000 | €30,000 | = | 0.0% |
| Issued capital | 100 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Legal reserve | 130 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€255,836 | -€264,929 | -€9,093 | -3.6% |
| Amounts payable | 17/49 | €330,230 | €297,657 | -€32,573 | -9.9% |
| Amounts payable within one year | 42/48 | €330,230 | €297,657 | -€32,573 | -9.9% |
| Financial debts | 43 | €82,300 | €30,910 | -€51,390 | -62.4% |
| Credit institutions | 430/8 | €82,300 | €30,910 | -€51,390 | -62.4% |
| Trade debts | 44 | €8,354 | €6,502 | -€1,852 | -22.2% |
| Suppliers | 440/4 | €8,354 | €6,502 | -€1,852 | -22.2% |
| Taxes, remuneration and social security | 45 | €4,009 | €5,983 | +€1,973 | +49.2% |
| Taxes | 450/3 | €4,009 | €5,983 | +€1,973 | +49.2% |
| Other amounts payable | 47/48 | €235,566 | €254,262 | +€18,696 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,759 | €2,547 | -€212 | -7.7% |
| Other operating charges | 640/8 | €979 | €996 | +€17 | +1.7% |
| Non-recurring operating charges | 66A | €3,825 | - | -€3,825 | |
| Gross operating margin | 9900 | -€24,093 | -€751 | +€23,342 | +96.9% |
| Operating profit (loss) | 9901 | -€31,657 | -€4,294 | +€27,363 | +86.4% |
| Financial income | 75/76B | €387 | €174 | -€213 | -55.0% |
| Recurring financial income | 75 | €387 | €174 | -€213 | -55.0% |
| Financial charges | 65/66B | €5,395 | €4,973 | -€422 | -7.8% |
| Recurring financial charges | 65 | €5,395 | €4,973 | -€422 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | -€36,665 | -€9,093 | +€27,572 | +75.2% |
| Profit (loss) for the period | 9904 | -€36,665 | -€9,093 | +€27,572 | +75.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,665 | -€9,093 | +€27,572 | +75.2% |
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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 7 November 2026 via checked.be.