MG Care: 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 Care
Largest movements
- Receivables within one year +€41,008
up €41,008 (+69.4%), from €59,086 to €100,094
- Cash +€24,507
up €24,507 (+29.4%), from €83,476 to €107,983
mainly Net result for the year (+€70,510) and Other debts (+€25,000)
- Tangible fixed assets +€10,692
up €10,692 (+62.7%), from €17,064 to €27,756
of which Land and buildings: +€13,131
- Reserves +€37,890
up €37,890 (+30.0%), from €126,300 to €164,190
of which Distributable reserves: +€42,100
- Other debts +€25,000
new in 2025: €25,000
- Profit (loss) carried forward +€16,620
up €16,620 (+151%), from €11,018 to €27,638
- Tax, wage and social debts -€3,676
down €3,676 (-20.3%), from €18,084 to €14,408
of which Remuneration and social security: -€3,298
- Purchases and services -€111,701
no longer reported in 2025 (was €111,701)
- Gross operating margin +€79,050
up €79,050 (+68.4%), from €115,551 to €194,601
- Staff costs +€39,649
up €39,649 (+67.3%), from €58,948 to €98,597
- Taxes +€5,504
up €5,504 (+38.8%), from €14,202 to €19,706
- Financial income -€3,175
down €3,175 (-86.3%), from €3,678 to €503
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
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €159,677 | €235,884 | +€76,207 | +47.7% |
| Fixed assets | 21/28 | €17,115 | €27,806 | +€10,691 | +62.5% |
| Tangible fixed assets | 22/27 | €17,064 | €27,756 | +€10,692 | +62.7% |
| Land and buildings | 22 | €10,451 | €23,582 | +€13,131 | +126% |
| Plant, machinery and equipment | 23 | €6,417 | €4,173 | -€2,244 | -35.0% |
| Furniture and vehicles | 24 | €196 | - | -€196 | |
| Financial fixed assets | 28 | €51 | €51 | -€0 | -0.9% |
| Current assets | 29/58 | €142,562 | €208,077 | +€65,515 | +46.0% |
| Amounts receivable within one year | 40/41 | €59,086 | €100,094 | +€41,008 | +69.4% |
| Trade receivables | 40 | €59,086 | €100,094 | +€41,008 | +69.4% |
| Cash at bank and in hand | 54/58 | €83,476 | €107,983 | +€24,507 | +29.4% |
| Total equity and liabilities | 10/49 | €159,677 | €235,884 | +€76,207 | +47.7% |
| Equity | 10/15 | €139,818 | €194,328 | +€54,510 | +39.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €126,300 | €164,190 | +€37,890 | +30.0% |
| Tax-exempt reserves | 132 | €126,300 | €122,090 | -€4,210 | -3.3% |
| Distributable reserves | 133 | - | €42,100 | +€42,100 | |
| Profit (loss) carried forward | 14 | €11,018 | €27,638 | +€16,620 | +151% |
| Amounts payable | 17/49 | €19,859 | €41,556 | +€21,697 | +109% |
| Amounts payable within one year | 42/48 | €19,859 | €41,556 | +€21,697 | +109% |
| Trade debts | 44 | €1,775 | €2,148 | +€373 | +21.0% |
| Suppliers | 440/4 | €1,775 | €2,148 | +€373 | +21.0% |
| Taxes, remuneration and social security | 45 | €18,084 | €14,408 | -€3,676 | -20.3% |
| Taxes | 450/3 | €12,723 | €12,345 | -€378 | -3.0% |
| Remuneration and social security | 454/9 | €5,361 | €2,063 | -€3,298 | -61.5% |
| Other amounts payable | 47/48 | - | €25,000 | +€25,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €111,701 | - | -€111,701 | |
| Remuneration, social security and pensions | 62 | €58,948 | €98,597 | +€39,649 | +67.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,648 | €4,309 | +€1,661 | +62.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,746 | - | -€1,746 | |
| Other operating charges | 640/8 | - | €1,822 | +€1,822 | |
| Gross operating margin | 9900 | €115,551 | €194,601 | +€79,050 | +68.4% |
| Operating profit (loss) | 9901 | €52,209 | €89,873 | +€37,664 | +72.1% |
| Financial income | 75/76B | €3,678 | €503 | -€3,175 | -86.3% |
| Recurring financial income | 75 | €3,678 | €503 | -€3,175 | -86.3% |
| Financial charges | 65/66B | €153 | €161 | +€8 | +4.9% |
| Recurring financial charges | 65 | €153 | €161 | +€8 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €55,734 | €90,216 | +€34,482 | +61.9% |
| Income taxes | 67/77 | €14,202 | €19,706 | +€5,504 | +38.8% |
| Profit (loss) for the period | 9904 | €41,532 | €70,510 | +€28,978 | +69.8% |
| Transfer from tax-exempt reserves | 789 | - | €42,100 | +€42,100 | |
| Transfer to tax-exempt reserves | 689 | - | €37,890 | +€37,890 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,532 | €74,720 | +€33,188 | +79.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.