MG CAPITAL: 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.
MG CAPITAL
Largest movements
- Receivables within one year -€7,526
down €7,526 (-43.6%), from €17,278 to €9,752
of which Other amounts receivable: -€6,273
- Other debts -€5,220
no longer reported in 2024 (was €5,220)
- Tax, wage and social debts -€2,000
down €2,000 (-22.5%), from €8,898 to €6,898
- Profit (loss) carried forward -€490
down €490 (-414%), from -€118 to -€609
- Short-term financial debts +€184
up €184 (+256%), from €72 to €256
- Gross operating margin +€1,032
up €1,032 (+61.4%), from -€1,680 to -€648
- Financial income -€153
down €153 (-31.0%), from €495 to €342
- Financial charges -€49
down €49 (-21.2%), from €234 to €184
From the 2023 result to the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,278 | €9,752 | -€7,526 | -43.6% |
| Current assets | 29/58 | €17,278 | €9,752 | -€7,526 | -43.6% |
| Amounts receivable within one year | 40/41 | €17,278 | €9,752 | -€7,526 | -43.6% |
| Trade receivables | 40 | €8,500 | €7,247 | -€1,253 | -14.7% |
| Other amounts receivable | 41 | €8,778 | €2,505 | -€6,273 | -71.5% |
| Total equity and liabilities | 10/49 | €17,278 | €9,752 | -€7,526 | -43.6% |
| Equity | 10/15 | €2,382 | €1,891 | -€490 | -20.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118 | -€609 | -€490 | -414% |
| Amounts payable | 17/49 | €14,896 | €7,860 | -€7,036 | -47.2% |
| Amounts payable within one year | 42/48 | €14,896 | €7,860 | -€7,036 | -47.2% |
| Financial debts | 43 | €72 | €256 | +€184 | +256% |
| Credit institutions | 430/8 | €72 | €256 | +€184 | +256% |
| Trade debts | 44 | €706 | €706 | = | 0.0% |
| Suppliers | 440/4 | €706 | €706 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €8,898 | €6,898 | -€2,000 | -22.5% |
| Taxes | 450/3 | €8,898 | €6,898 | -€2,000 | -22.5% |
| Other amounts payable | 47/48 | €5,220 | - | -€5,220 | |
| Gross operating margin | 9900 | -€1,680 | -€648 | +€1,032 | +61.4% |
| Operating profit (loss) | 9901 | -€1,680 | -€648 | +€1,032 | +61.4% |
| Financial income | 75/76B | €495 | €342 | -€153 | -31.0% |
| Recurring financial income | 75 | €495 | €342 | -€153 | -31.0% |
| Financial charges | 65/66B | €234 | €184 | -€49 | -21.2% |
| Recurring financial charges | 65 | €234 | €184 | -€49 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,418 | -€490 | +€928 | +65.4% |
| Profit (loss) for the period | 9904 | -€1,418 | -€490 | +€928 | +65.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,418 | -€490 | +€928 | +65.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.