M.G.C.C.: 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.
What changed
M.G.C.C.
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€457,315
2024 · -€343,683+€800,998
Equity
€3.5m
2024 · €3.0m+€457,315
Cash
€474
2024 · €7,301-€6,827
Balance sheet total
€9.4m
2024 · €10.0m-€566,270
Largest movements
Assets
- Receivables within one year -€523,030
down €523,030 (-14.8%), from €3.5m to €3.0m
of which Trade receivables: -€305,055
Equity and liabilities
- Other debts -€946,661
down €946,661 (-14.7%), from €6.4m to €5.5m
- Profit (loss) carried forward +€457,315
up €457,315 (+16.5%), from €2.8m to €3.2m
Income statement
- Financial income +€739,740
up €739,740 (+2,020%), from €36,612 to €776,353
- Turnover +€217,388
up €217,388 (+72.5%), from €300,000 to €517,388
- Staff costs -€52,401
down €52,401 (-27.4%), from €190,936 to €138,536
- Services and other goods -€51,047
down €51,047 (-8.3%), from €617,705 to €566,658
- Taxes +€17,869
up €17,869 (+4,200%), from €425 to €18,294
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.
Result 2024
-€343,683
Turnover
+€217,388
Other operating income
-€7,397
Services and other goods
+€51,047
Staff costs
+€52,401
Other operating charges
+€1
Other operating items
-€233,080
Financial income
+€739,740
Financial charges
-€1,233
Taxes
-€17,869
Result 2025
€457,315
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€11,729
Investment
€0
Financing
-€18,557
Cash 2024
€7,301
From operations (derived)
+€11,729
Net result for the year
+€457,315
Depreciation
+€47,520
Receivables within one year
+€523,030
Deferred charges and accrued income
-€11,107
Trade debts
-€48,167
Tax, wage and social debts
-€6,064
Other debts
-€946,661
Accrued charges and deferred income
-€4,137
Financing
-€18,557
Short-term financial debts
-€18,557
Cash 2025
€474
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,964,353 | €9,398,083 | -€566,270 | -5.7% |
| Fixed assets | 21/28 | €6,326,614 | €6,279,094 | -€47,520 | -0.8% |
| Intangible fixed assets | 21 | €142,560 | €95,040 | -€47,520 | -33.3% |
| Financial fixed assets | 28 | €6,184,054 | €6,184,054 | = | 0.0% |
| Affiliated companies | 280/1 | €6,184,054 | €6,184,054 | = | 0.0% |
| Participating interests | 280 | €6,184,054 | €6,184,054 | = | 0.0% |
| Current assets | 29/58 | €3,637,740 | €3,118,990 | -€518,750 | -14.3% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €3,525,425 | €3,002,395 | -€523,030 | -14.8% |
| Trade receivables | 40 | €305,363 | €308 | -€305,055 | -99.9% |
| Other amounts receivable | 41 | €3,220,062 | €3,002,087 | -€217,974 | -6.8% |
| Cash at bank and in hand | 54/58 | €7,301 | €474 | -€6,827 | -93.5% |
| Deferred charges and accrued income | 490/1 | €5,013 | €16,121 | +€11,107 | +222% |
| Total equity and liabilities | 10/49 | €9,964,353 | €9,398,083 | -€566,270 | -5.7% |
| Equity | 10/15 | €3,016,409 | €3,473,724 | +€457,315 | +15.2% |
| Contributions | 10/11 | €225,000 | €225,000 | = | 0.0% |
| Capital | 10 | €225,000 | €225,000 | = | 0.0% |
| Issued capital | 100 | €225,000 | €225,000 | = | 0.0% |
| Reserves | 13 | €22,500 | €22,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €22,500 | €22,500 | = | 0.0% |
| Legal reserve | 130 | €22,500 | €22,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,768,909 | €3,226,224 | +€457,315 | +16.5% |
| Amounts payable | 17/49 | €6,947,944 | €5,924,359 | -€1.0m | -14.7% |
| Amounts payable after more than one year | 17 | €358,701 | €358,701 | = | 0.0% |
| Financial debts | 170/4 | €358,701 | €358,701 | = | 0.0% |
| Other loans | 174 | €358,701 | €358,701 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,556,282 | €5,536,833 | -€1.0m | -15.5% |
| Financial debts | 43 | €18,557 | €0 | -€18,557 | -100% |
| Credit institutions | 430/8 | €18,557 | €0 | -€18,557 | -100% |
| Trade debts | 44 | €85,655 | €37,488 | -€48,167 | -56.2% |
| Suppliers | 440/4 | €85,655 | €37,488 | -€48,167 | -56.2% |
| Taxes, remuneration and social security | 45 | €22,846 | €16,782 | -€6,064 | -26.5% |
| Taxes | 450/3 | €1,368 | €231 | -€1,137 | -83.1% |
| Remuneration and social security | 454/9 | €21,478 | €16,551 | -€4,927 | -22.9% |
| Other amounts payable | 47/48 | €6,429,224 | €5,482,563 | -€946,661 | -14.7% |
| Accrued charges and deferred income | 492/3 | €32,961 | €28,824 | -€4,137 | -12.6% |
| Operating income | 70/76A | €561,826 | €562,291 | +€465 | +0.1% |
| Turnover | 70 | €300,000 | €517,388 | +€217,388 | +72.5% |
| Other operating income | 74 | €8,116 | €719 | -€7,397 | -91.1% |
| Non-recurring operating income | 76A | €253,710 | €44,185 | -€209,525 | -82.6% |
| Operating charges | 60/66A | €857,791 | €777,897 | -€79,894 | -9.3% |
| Services and other goods | 61 | €617,705 | €566,658 | -€51,047 | -8.3% |
| Remuneration, social security and pensions | 62 | €190,936 | €138,536 | -€52,401 | -27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,520 | €47,520 | = | 0.0% |
| Other operating charges | 640/8 | €1,630 | €1,629 | -€1 | -0.1% |
| Non-recurring operating charges | 66A | €0 | €23,554 | +€23,554 | |
| Operating profit (loss) | 9901 | -€295,965 | -€215,606 | +€80,359 | +27.2% |
| Financial income | 75/76B | €36,612 | €776,353 | +€739,740 | +2,020% |
| Recurring financial income | 75 | €36,612 | €776,353 | +€739,740 | +2,020% |
| Income from financial fixed assets | 750 | - | €749,173 | +€749,173 | |
| Income from current assets | 751 | €36,612 | €27,179 | -€9,433 | -25.8% |
| Other financial income | 752/9 | €0 | - | = | |
| Financial charges | 65/66B | €83,905 | €85,137 | +€1,233 | +1.5% |
| Recurring financial charges | 65 | €83,905 | €85,137 | +€1,233 | +1.5% |
| Debt charges | 650 | €83,076 | €84,757 | +€1,681 | +2.0% |
| Other financial charges | 652/9 | €828 | €380 | -€448 | -54.1% |
| Profit (loss) for the period before taxes | 9903 | -€343,257 | €475,609 | +€818,867 | |
| Income taxes | 67/77 | €425 | €18,294 | +€17,869 | +4,200% |
| Taxes | 670/3 | €425 | €18,294 | +€17,869 | +4,200% |
| Profit (loss) for the period | 9904 | -€343,683 | €457,315 | +€800,998 | |
| Profit (loss) for the period to be appropriated | 9905 | -€343,683 | €457,315 | +€800,998 |
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 24 October 2026 via checked.be.