MG CONSULT: 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 CONSULT
Largest movements
- Current investments +€116,000
up €116,000 (+127%), from €91,494 to €207,494
- Cash +€25,558
up €25,558 (+44.5%), from €57,480 to €83,038
mainly Other debts (+€107,421) and Net result for the year (+€37,055)
- Receivables within one year +€11,180
up €11,180 (+73.8%), from €15,143 to €26,322
of which Trade receivables: +€9,121
- Reserves +€116,000
up €116,000 (+119%), from €97,694 to €213,694
of which Distributable reserves: +€116,000
- Other debts +€107,421
up €107,421 (+178%), from €60,352 to €167,773
- Profit (loss) carried forward -€78,945
down €78,945 (-45.9%), from €171,846 to €92,900
- Trade debts +€10,743
up €10,743 (+4.9%), from €217,613 to €228,356
- Gross operating margin +€9,231
up €9,231 (+20.3%), from €45,466 to €54,697
- Taxes -€9,212
down €9,212 (-40.7%), from €22,647 to €13,435
- Depreciation +€1,040
new in 2025: €1,040
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 | €664,509 | €819,728 | +€155,219 | +23.4% |
| Fixed assets | 21/28 | €500,393 | €502,874 | +€2,481 | +0.5% |
| Tangible fixed assets | 22/27 | €393 | €2,874 | +€2,481 | +632% |
| Plant, machinery and equipment | 23 | €393 | €196 | -€196 | -50.0% |
| Furniture and vehicles | 24 | - | €2,678 | +€2,678 | |
| Financial fixed assets | 28 | €500,000 | €500,000 | = | 0.0% |
| Current assets | 29/58 | €164,117 | €316,854 | +€152,738 | +93.1% |
| Amounts receivable within one year | 40/41 | €15,143 | €26,322 | +€11,180 | +73.8% |
| Trade receivables | 40 | €6,064 | €15,185 | +€9,121 | +150% |
| Other amounts receivable | 41 | €9,079 | €11,138 | +€2,059 | +22.7% |
| Current investments | 50/53 | €91,494 | €207,494 | +€116,000 | +127% |
| Cash at bank and in hand | 54/58 | €57,480 | €83,038 | +€25,558 | +44.5% |
| Total equity and liabilities | 10/49 | €664,509 | €819,728 | +€155,219 | +23.4% |
| Equity | 10/15 | €290,540 | €327,594 | +€37,055 | +12.8% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Contributions outside capital | 11 | €21,000 | €21,000 | = | 0.0% |
| Share premium | 1100/10 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €97,694 | €213,694 | +€116,000 | +119% |
| Non-distributable reserves | 130/1 | €97,694 | €97,694 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Own shares acquired | 1312 | €91,494 | €91,494 | = | 0.0% |
| Distributable reserves | 133 | - | €116,000 | +€116,000 | |
| Profit (loss) carried forward | 14 | €171,846 | €92,900 | -€78,945 | -45.9% |
| Amounts payable | 17/49 | €373,970 | €492,134 | +€118,164 | +31.6% |
| Amounts payable after more than one year | 17 | €96,000 | €96,000 | = | 0.0% |
| Financial debts | 170/4 | €96,000 | €96,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €277,970 | €396,134 | +€118,164 | +42.5% |
| Trade debts | 44 | €217,613 | €228,356 | +€10,743 | +4.9% |
| Suppliers | 440/4 | €217,613 | €228,356 | +€10,743 | +4.9% |
| Taxes, remuneration and social security | 45 | €5 | €5 | = | 0.0% |
| Taxes | 450/3 | €5 | €5 | = | 0.0% |
| Other amounts payable | 47/48 | €60,352 | €167,773 | +€107,421 | +178% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,040 | +€1,040 | |
| Other operating charges | 640/8 | €2,020 | €2,549 | +€529 | +26.2% |
| Gross operating margin | 9900 | €45,466 | €54,697 | +€9,231 | +20.3% |
| Operating profit (loss) | 9901 | €43,446 | €51,108 | +€7,662 | +17.6% |
| Financial charges | 65/66B | €78 | €619 | +€541 | +697% |
| Recurring financial charges | 65 | €78 | €619 | +€541 | +697% |
| Profit (loss) for the period before taxes | 9903 | €43,368 | €50,489 | +€7,121 | +16.4% |
| Income taxes | 67/77 | €22,647 | €13,435 | -€9,212 | -40.7% |
| Profit (loss) for the period | 9904 | €20,721 | €37,055 | +€16,333 | +78.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,721 | €37,055 | +€16,333 | +78.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.