MG COMPTA - COGESSOC: 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 COMPTA - COGESSOC
Largest movements
- Receivables within one year +€482,677
up €482,677 (+843%), from €57,240 to €539,917
of which Other amounts receivable: +€460,500
- Cash -€101,404
no longer reported in 2025 (was €101,404)
mainly Receivables within one year (-€482,677) and Debts after one year (-€27,851)
- Tangible fixed assets -€31,798
down €31,798 (-93.2%), from €34,132 to €2,334
of which Plant, machinery and equipment: -€21,981
- Intangible fixed assets -€23,401
no longer reported in 2025 (was €23,401)
- Deferred charges and accrued income -€18,034
down €18,034 (-67.5%), from €26,698 to €8,664
- Trade debts +€356,839
up €356,839 (+1,097%), from €32,530 to €389,369
- Debts after one year -€27,851
no longer reported in 2025 (was €27,851)
- Current portion of long-term debt -€21,841
down €21,841 (-44.0%), from €49,692 to €27,851
- Profit (loss) carried forward +€7,706
up €7,706 (+56.2%), from €13,715 to €21,421
- Tax, wage and social debts -€6,812
down €6,812 (-34.3%), from €19,866 to €13,054
of which Remuneration and social security: -€6,494
- Staff costs -€66,154
down €66,154 (-38.7%), from €170,940 to €104,786
- Gross operating margin -€34,370
down €34,370 (-14.5%), from €236,265 to €201,894
- Taxes +€2,846
up €2,846 (+38.2%), from €7,448 to €10,294
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.
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 | €242,875 | €550,915 | +€308,041 | +127% |
| Fixed assets | 21/28 | €57,533 | €2,334 | -€55,198 | -95.9% |
| Intangible fixed assets | 21 | €23,401 | - | -€23,401 | |
| Tangible fixed assets | 22/27 | €34,132 | €2,334 | -€31,798 | -93.2% |
| Plant, machinery and equipment | 23 | €21,981 | - | -€21,981 | |
| Furniture and vehicles | 24 | €12,151 | €2,334 | -€9,817 | -80.8% |
| Current assets | 29/58 | €185,342 | €548,581 | +€363,239 | +196% |
| Amounts receivable within one year | 40/41 | €57,240 | €539,917 | +€482,677 | +843% |
| Trade receivables | 40 | €39,637 | €61,814 | +€22,177 | +56.0% |
| Other amounts receivable | 41 | €17,603 | €478,103 | +€460,500 | +2,616% |
| Cash at bank and in hand | 54/58 | €101,404 | - | -€101,404 | |
| Deferred charges and accrued income | 490/1 | €26,698 | €8,664 | -€18,034 | -67.5% |
| Total equity and liabilities | 10/49 | €242,875 | €550,915 | +€308,041 | +127% |
| Equity | 10/15 | €112,935 | €120,641 | +€7,706 | +6.8% |
| Contributions | 10/11 | €8,220 | €8,220 | = | 0.0% |
| Reserves | 13 | €91,000 | €91,000 | = | 0.0% |
| Distributable reserves | 133 | €91,000 | €91,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,715 | €21,421 | +€7,706 | +56.2% |
| Amounts payable | 17/49 | €129,940 | €430,274 | +€300,334 | +231% |
| Amounts payable after more than one year | 17 | €27,851 | - | -€27,851 | |
| Financial debts | 170/4 | €27,851 | - | -€27,851 | |
| Amounts payable within one year | 42/48 | €102,088 | €430,274 | +€328,186 | +321% |
| Current portion of amounts payable after more than one year | 42 | €49,692 | €27,851 | -€21,841 | -44.0% |
| Trade debts | 44 | €32,530 | €389,369 | +€356,839 | +1,097% |
| Suppliers | 440/4 | €32,530 | €389,369 | +€356,839 | +1,097% |
| Taxes, remuneration and social security | 45 | €19,866 | €13,054 | -€6,812 | -34.3% |
| Taxes | 450/3 | €319 | - | -€319 | |
| Remuneration and social security | 454/9 | €19,547 | €13,054 | -€6,494 | -33.2% |
| Remuneration, social security and pensions | 62 | €170,940 | €104,786 | -€66,154 | -38.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,910 | €33,611 | -€2,299 | -6.4% |
| Other operating charges | 640/8 | €4,081 | €2,029 | -€2,052 | -50.3% |
| Non-recurring operating charges | 66A | - | €33,105 | +€33,105 | |
| Gross operating margin | 9900 | €236,265 | €201,894 | -€34,370 | -14.5% |
| Operating profit (loss) | 9901 | €25,333 | €28,363 | +€3,029 | +12.0% |
| Financial income | 75/76B | €2,599 | €4,568 | +€1,969 | +75.7% |
| Recurring financial income | 75 | €2,599 | €4,568 | +€1,969 | +75.7% |
| Financial charges | 65/66B | €15,569 | €14,931 | -€638 | -4.1% |
| Recurring financial charges | 65 | €2,712 | €2,074 | -€638 | -23.5% |
| Non-recurring financial charges | 66B | €12,857 | €12,857 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €12,364 | €18,000 | +€5,636 | +45.6% |
| Income taxes | 67/77 | €7,448 | €10,294 | +€2,846 | +38.2% |
| Profit (loss) for the period | 9904 | €4,916 | €7,706 | +€2,791 | +56.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,916 | €7,706 | +€2,791 | +56.8% |
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 27 October 2026 via checked.be.