M.G.I. PRO: what changed
M.G.I. PRO
Largest movements
- Cash +€29,251
up €29,251 (+10.3%), from €283,328 to €312,579
mainly Net result for the year (+€70,608) and Depreciation (+€6,065)
- Receivables within one year +€27,173
up €27,173 (+8.3%), from €327,129 to €354,302
of which Trade receivables: +€61,905
- Profit (loss) carried forward +€70,608
up €70,608 (+12.6%), from €559,139 to €629,747
- Trade debts -€21,483
down €21,483 (-78.0%), from €27,549 to €6,066
- Turnover +€465,227
up €465,227 (+52.7%), from €882,152 to €1.3m
- Purchases and services +€363,798
up €363,798 (+39.7%), from €915,998 to €1.3m
- Gross operating margin +€155,554
up €155,554, from -€31,595 to €123,959
- Staff costs +€15,539
up €15,539 (+38.1%), from €40,812 to €56,351
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €624,615 | €674,975 | +€50,360 | +8.1% |
| Fixed assets | 21/28 | €14,158 | €8,094 | -€6,064 | -42.8% |
| Tangible fixed assets | 22/27 | €14,158 | €8,094 | -€6,064 | -42.8% |
| Plant, machinery and equipment | 23 | €3,500 | €1,750 | -€1,750 | -50.0% |
| Furniture and vehicles | 24 | €10,658 | €6,344 | -€4,314 | -40.5% |
| Current assets | 29/58 | €610,457 | €666,881 | +€56,424 | +9.2% |
| Amounts receivable within one year | 40/41 | €327,129 | €354,302 | +€27,173 | +8.3% |
| Trade receivables | 40 | €225,397 | €287,302 | +€61,905 | +27.5% |
| Other amounts receivable | 41 | €101,732 | €67,000 | -€34,732 | -34.1% |
| Cash at bank and in hand | 54/58 | €283,328 | €312,579 | +€29,251 | +10.3% |
| Total equity and liabilities | 10/49 | €624,615 | €674,975 | +€50,360 | +8.1% |
| Equity | 10/15 | €579,599 | €650,207 | +€70,608 | +12.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €559,139 | €629,747 | +€70,608 | +12.6% |
| Amounts payable | 17/49 | €45,016 | €24,768 | -€20,248 | -45.0% |
| Amounts payable within one year | 42/48 | €45,016 | €24,768 | -€20,248 | -45.0% |
| Trade debts | 44 | €27,549 | €6,066 | -€21,483 | -78.0% |
| Suppliers | 440/4 | €27,549 | €6,066 | -€21,483 | -78.0% |
| Taxes, remuneration and social security | 45 | €5,451 | €9,306 | +€3,855 | +70.7% |
| Remuneration and social security | 454/9 | €5,451 | €9,306 | +€3,855 | +70.7% |
| Other amounts payable | 47/48 | €12,016 | €9,396 | -€2,620 | -21.8% |
| Turnover | 70 | €882,152 | €1,347,379 | +€465,227 | +52.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €915,998 | €1,279,796 | +€363,798 | +39.7% |
| Remuneration, social security and pensions | 62 | €40,812 | €56,351 | +€15,539 | +38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,504 | €6,065 | -€4,439 | -42.3% |
| Other operating charges | 640/8 | €1,857 | €1,686 | -€171 | -9.2% |
| Gross operating margin | 9900 | -€31,595 | €123,959 | +€155,554 | |
| Operating profit (loss) | 9901 | -€84,768 | €59,857 | +€144,625 | |
| Financial income | 75/76B | €2,985 | €12,146 | +€9,161 | +307% |
| Recurring financial income | 75 | €2,985 | €12,146 | +€9,161 | +307% |
| Financial charges | 65/66B | €1,857 | €1,395 | -€462 | -24.9% |
| Recurring financial charges | 65 | €1,857 | €1,395 | -€462 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | -€83,640 | €70,608 | +€154,248 | |
| Profit (loss) for the period | 9904 | -€83,640 | €70,608 | +€154,248 | |
| Profit (loss) for the period to be appropriated | 9905 | -€83,640 | €70,608 | +€154,248 |
Next steps
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 5 November 2026 via checked.be.