MG CONSULTANTS: 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 CONSULTANTS
Largest movements
- Cash -€68,106
down €68,106 (-49.0%), from €138,866 to €70,760
mainly Trade debts (-€24,580) and Net result for the year (-€21,812)
- Receivables within one year +€2,316
up €2,316 (+4.5%), from €51,175 to €53,491
of which Other amounts receivable: +€5,000
- Trade debts -€24,580
down €24,580 (-94.2%), from €26,085 to €1,505
- Reserves -€19,500
down €19,500 (-16.3%), from €119,359 to €99,859
of which Distributable reserves: -€15,000
- Other debts -€14,568
down €14,568 (-48.4%), from €30,127 to €15,560
- Accrued charges and deferred income -€3,960
down €3,960 (-100%), from €3,960 to €0
- Profit (loss) carried forward -€2,312
down €2,312 (-81.5%), from €2,837 to €525
- Gross operating margin -€70,058
down €70,058, from €60,679 to -€9,379
- Taxes -€12,381
down €12,381 (-100%), from €12,381 to €0
- Staff costs -€5,487
down €5,487 (-99.7%), from €5,506 to €19
- Financial charges +€5,227
up €5,227 (+717%), from €729 to €5,956
- Depreciation -€3,086
down €3,086 (-34.4%), from €8,960 to €5,874
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 | €211,410 | €148,420 | -€62,991 | -29.8% |
| Fixed assets | 21/28 | €17,663 | €19,754 | +€2,091 | +11.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €16,413 | €18,504 | +€2,091 | +12.7% |
| Plant, machinery and equipment | 23 | €5,244 | €4,915 | -€328 | -6.3% |
| Furniture and vehicles | 24 | €987 | €4,492 | +€3,506 | +355% |
| Other tangible fixed assets | 26 | €10,182 | €9,096 | -€1,087 | -10.7% |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €193,748 | €128,666 | -€65,081 | -33.6% |
| Amounts receivable within one year | 40/41 | €51,175 | €53,491 | +€2,316 | +4.5% |
| Trade receivables | 40 | €51,175 | €48,491 | -€2,684 | -5.2% |
| Other amounts receivable | 41 | €0 | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €138,866 | €70,760 | -€68,106 | -49.0% |
| Deferred charges and accrued income | 490/1 | €3,707 | €4,415 | +€709 | +19.1% |
| Total equity and liabilities | 10/49 | €211,410 | €148,420 | -€62,991 | -29.8% |
| Equity | 10/15 | €140,788 | €118,976 | -€21,812 | -15.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €119,359 | €99,859 | -€19,500 | -16.3% |
| Tax-exempt reserves | 132 | €4,500 | €0 | -€4,500 | -100% |
| Distributable reserves | 133 | €114,859 | €99,859 | -€15,000 | -13.1% |
| Profit (loss) carried forward | 14 | €2,837 | €525 | -€2,312 | -81.5% |
| Amounts payable | 17/49 | €70,622 | €29,444 | -€41,179 | -58.3% |
| Amounts payable within one year | 42/48 | €66,663 | €29,444 | -€37,219 | -55.8% |
| Trade debts | 44 | €26,085 | €1,505 | -€24,580 | -94.2% |
| Suppliers | 440/4 | €26,085 | €1,505 | -€24,580 | -94.2% |
| Taxes, remuneration and social security | 45 | €10,450 | €12,379 | +€1,929 | +18.5% |
| Taxes | 450/3 | €10,450 | €12,379 | +€1,929 | +18.5% |
| Other amounts payable | 47/48 | €30,127 | €15,560 | -€14,568 | -48.4% |
| Accrued charges and deferred income | 492/3 | €3,960 | €0 | -€3,960 | -100% |
| Remuneration, social security and pensions | 62 | €5,506 | €19 | -€5,487 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,960 | €5,874 | -€3,086 | -34.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €571 | €584 | +€13 | +2.2% |
| Gross operating margin | 9900 | €60,679 | -€9,379 | -€70,058 | |
| Operating profit (loss) | 9901 | €45,642 | -€15,856 | -€61,498 | |
| Financial income | 75/76B | €3 | €0 | -€3 | -100% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100% |
| Financial charges | 65/66B | €729 | €5,956 | +€5,227 | +717% |
| Recurring financial charges | 65 | €729 | €5,956 | +€5,227 | +717% |
| Profit (loss) for the period before taxes | 9903 | €44,916 | -€21,812 | -€66,728 | |
| Income taxes | 67/77 | €12,381 | €0 | -€12,381 | -100% |
| Profit (loss) for the period | 9904 | €32,535 | -€21,812 | -€54,347 | |
| Transfer from tax-exempt reserves | 789 | - | €4,500 | +€4,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,535 | -€17,312 | -€49,847 |
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 24 October 2026 via checked.be.