SPRL MGCO: 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.
SPRL MGCO
Largest movements
- Receivables within one year -€30,752
down €30,752 (-73.5%), from €41,811 to €11,059
of which Trade receivables: -€30,752
- Tangible fixed assets -€8,195
down €8,195 (-18.0%), from €45,458 to €37,263
of which Furniture and vehicles: -€5,452
- Trade debts -€22,876
down €22,876 (-84.1%), from €27,214 to €4,338
- Profit (loss) carried forward -€6,715
down €6,715 (-14.5%), from -€46,252 to -€52,967
- Debts after one year -€4,446
down €4,446 (-21.9%), from €20,293 to €15,847
- Tax, wage and social debts -€3,714
down €3,714 (-43.9%), from €8,463 to €4,749
- Short-term financial debts -€1,741
down €1,741 (-6.3%), from €27,836 to €26,095
- Turnover -€37,337
down €37,337 (-25.0%), from €149,256 to €111,919
- Purchases and services -€25,761
down €25,761 (-18.7%), from €137,867 to €112,106
- Gross operating margin -€13,432
down €13,432 (-73.9%), from €18,182 to €4,750
- Other operating charges -€2,204
down €2,204 (-62.3%), from €3,535 to €1,331
- Financial income +€1,637
up €1,637 (+467%), from €350 to €1,988
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,719 | €55,163 | -€38,556 | -41.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €45,458 | €37,263 | -€8,195 | -18.0% |
| Tangible fixed assets | 22/27 | €45,458 | €37,263 | -€8,195 | -18.0% |
| Land and buildings | 22 | €30,173 | €27,430 | -€2,743 | -9.1% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €15,285 | €9,833 | -€5,452 | -35.7% |
| Current assets | 29/58 | €48,261 | €17,901 | -€30,360 | -62.9% |
| Stocks and contracts in progress | 3 | €6,450 | €6,450 | = | 0.0% |
| Stocks | 30/36 | €6,450 | €6,450 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €41,811 | €11,059 | -€30,752 | -73.5% |
| Trade receivables | 40 | €41,774 | €11,022 | -€30,752 | -73.6% |
| Other amounts receivable | 41 | €37 | €37 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €0 | €391 | +€391 | |
| Total equity and liabilities | 10/49 | €93,719 | €55,163 | -€38,556 | -41.1% |
| Equity | 10/15 | -€16,295 | -€23,009 | -€6,715 | -41.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | - | €12,400 | +€12,400 | |
| Other | 1109/19 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €17,558 | €17,558 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €15,698 | €15,698 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,252 | -€52,967 | -€6,715 | -14.5% |
| Amounts payable | 17/49 | €110,013 | €78,172 | -€31,841 | -28.9% |
| Amounts payable after more than one year | 17 | €20,293 | €15,847 | -€4,446 | -21.9% |
| Financial debts | 170/4 | €20,293 | €15,847 | -€4,446 | -21.9% |
| Amounts payable within one year | 42/48 | €89,720 | €62,326 | -€27,395 | -30.5% |
| Current portion of amounts payable after more than one year | 42 | €4,446 | €4,446 | = | 0.0% |
| Financial debts | 43 | €27,836 | €26,095 | -€1,741 | -6.3% |
| Credit institutions | 430/8 | €27,836 | €26,095 | -€1,741 | -6.3% |
| Trade debts | 44 | €27,214 | €4,338 | -€22,876 | -84.1% |
| Suppliers | 440/4 | €27,214 | €4,338 | -€22,876 | -84.1% |
| Taxes, remuneration and social security | 45 | €8,463 | €4,749 | -€3,714 | -43.9% |
| Taxes | 450/3 | €8,463 | €4,749 | -€3,714 | -43.9% |
| Other amounts payable | 47/48 | €21,761 | €22,698 | +€937 | +4.3% |
| Turnover | 70 | €149,256 | €111,919 | -€37,337 | -25.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €137,867 | €112,106 | -€25,761 | -18.7% |
| Remuneration, social security and pensions | 62 | - | €115 | +€115 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,537 | €8,195 | -€342 | -4.0% |
| Other operating charges | 640/8 | €3,535 | €1,331 | -€2,204 | -62.3% |
| Gross operating margin | 9900 | €18,182 | €4,750 | -€13,432 | -73.9% |
| Operating profit (loss) | 9901 | €6,110 | -€4,892 | -€11,002 | |
| Financial income | 75/76B | €350 | €1,988 | +€1,637 | +467% |
| Recurring financial income | 75 | €350 | €1,988 | +€1,637 | +467% |
| Financial charges | 65/66B | €4,382 | €3,671 | -€711 | -16.2% |
| Recurring financial charges | 65 | €4,382 | €3,671 | -€711 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €2,078 | -€6,575 | -€8,653 | |
| Income taxes | 67/77 | €132 | €140 | +€8 | +6.1% |
| Profit (loss) for the period | 9904 | €1,947 | -€6,715 | -€8,661 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,947 | -€6,715 | -€8,661 |
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 18 October 2026 via checked.be.