MG Consult: what changed
Two fiscal 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 Consult
Largest movements
- Current investments +€69,780
up €69,780 (+87.2%), from €80,000 to €149,780
- Cash +€34,382
up €34,382 (+97.0%), from €35,463 to €69,845
mainly Other debts (+€113,400) and Net result for the year (+€113,325)
- Other debts +€113,400
up €113,400 (+25405.0%), from €446 to €113,847
- Tax, wage and social debts -€6,059
down €6,059 (-47.6%), from €12,728 to €6,669
of which Taxes: -€6,296
- Gross operating margin +€39,003
up €39,003 (+29.0%), from €134,647 to €173,650
- Staff costs +€18,292
new in 2025: €18,292
- Taxes -€4,093
down €4,093 (-11.2%), from €36,671 to €32,579
- Financial charges +€2,466
up €2,466 (+5997.6%), from €41 to €2,507
- Financial income +€2,273
up €2,273 (+495.3%), from €459 to €2,733
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.
Cash bridge derived
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 | €171,409 | €278,352 | +€106,943 | +62.4% |
| Fixed assets | 21/28 | €17,226 | €17,588 | +€361 | +2.1% |
| Tangible fixed assets | 22/27 | €17,226 | €17,588 | +€361 | +2.1% |
| Furniture and vehicles | 24 | €14,050 | €14,809 | +€758 | +5.4% |
| Other tangible fixed assets | 26 | €3,176 | €2,779 | -€397 | -12.5% |
| Current assets | 29/58 | €154,183 | €260,765 | +€106,582 | +69.1% |
| Amounts receivable within one year | 40/41 | €38,720 | €41,140 | +€2,420 | +6.3% |
| Trade receivables | 40 | €38,720 | €41,140 | +€2,420 | +6.3% |
| Current investments | 50/53 | €80,000 | €149,780 | +€69,780 | +87.2% |
| Cash at bank and in hand | 54/58 | €35,463 | €69,845 | +€34,382 | +97.0% |
| Total equity and liabilities | 10/49 | €171,409 | €278,352 | +€106,943 | +62.4% |
| Equity | 10/15 | €157,330 | €157,330 | = | 0.0% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Reserves | 13 | €154,930 | €154,930 | = | 0.0% |
| Distributable reserves | 133 | €154,930 | €154,930 | = | 0.0% |
| Amounts payable | 17/49 | €14,079 | €121,022 | +€106,943 | +759.6% |
| Amounts payable within one year | 42/48 | €14,079 | €121,022 | +€106,943 | +759.6% |
| Trade debts | 44 | €905 | €507 | -€398 | -44.0% |
| Suppliers | 440/4 | €905 | €507 | -€398 | -44.0% |
| Taxes, remuneration and social security | 45 | €12,728 | €6,669 | -€6,059 | -47.6% |
| Taxes | 450/3 | €12,728 | €6,432 | -€6,296 | -49.5% |
| Remuneration and social security | 454/9 | - | €237 | +€237 | |
| Other amounts payable | 47/48 | €446 | €113,847 | +€113,400 | +25405.0% |
| Remuneration, social security and pensions | 62 | - | €18,292 | +€18,292 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,553 | €8,780 | +€1,227 | +16.3% |
| Other operating charges | 640/8 | €305 | €900 | +€595 | +194.9% |
| Gross operating margin | 9900 | €134,647 | €173,650 | +€39,003 | +29.0% |
| Operating profit (loss) | 9901 | €126,789 | €145,678 | +€18,889 | +14.9% |
| Financial income | 75/76B | €459 | €2,733 | +€2,273 | +495.3% |
| Recurring financial income | 75 | €459 | €2,733 | +€2,273 | +495.3% |
| Financial charges | 65/66B | €41 | €2,507 | +€2,466 | +5997.6% |
| Recurring financial charges | 65 | €41 | €2,507 | +€2,466 | +5997.6% |
| Profit (loss) for the period before taxes | 9903 | €127,207 | €145,904 | +€18,697 | +14.7% |
| Income taxes | 67/77 | €36,671 | €32,579 | -€4,093 | -11.2% |
| Profit (loss) for the period | 9904 | €90,535 | €113,325 | +€22,790 | +25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €90,535 | €113,325 | +€22,790 | +25.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.