MG PARTNERS: 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 PARTNERS
Largest movements
- Cash +€5,788
up €5,788 (+6903.8%), from €84 to €5,872
mainly Trade debts (+€14,974) and Depreciation (+€5,755)
- Tangible fixed assets +€2,515
up €2,515 (+18.5%), from €13,593 to €16,108
- Receivables within one year +€2,383
up €2,383 (+7.0%), from €33,921 to €36,304
of which Other amounts receivable: +€2,863
- Deferred charges and accrued income +€832
up €832 (+421.0%), from €198 to €1,030
- Trade debts +€14,974
up €14,974 (+13020.7%), from €115 to €15,089
- Tax, wage and social debts -€9,089
down €9,089 (-38.6%), from €23,548 to €14,459
of which Remuneration and social security: -€8,500
- Profit (loss) carried forward +€5,634
up €5,634 (+23.3%), from €24,133 to €29,766
- Depreciation +€4,348
up €4,348 (+309.0%), from €1,407 to €5,755
- Gross operating margin -€2,020
down €2,020 (-12.1%), from €16,665 to €14,645
- Taxes -€612
down €612 (-20.1%), from €3,035 to €2,424
- Other operating charges +€564
up €564 (+452.2%), from €125 to €688
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 | €47,795 | €59,314 | +€11,519 | +24.1% |
| Fixed assets | 21/28 | €13,593 | €16,108 | +€2,515 | +18.5% |
| Tangible fixed assets | 22/27 | €13,593 | €16,108 | +€2,515 | +18.5% |
| Furniture and vehicles | 24 | €13,593 | €16,108 | +€2,515 | +18.5% |
| Current assets | 29/58 | €34,202 | €43,206 | +€9,004 | +26.3% |
| Amounts receivable within one year | 40/41 | €33,921 | €36,304 | +€2,383 | +7.0% |
| Trade receivables | 40 | €33,150 | €32,670 | -€480 | -1.4% |
| Other amounts receivable | 41 | €771 | €3,634 | +€2,863 | +371.5% |
| Cash at bank and in hand | 54/58 | €84 | €5,872 | +€5,788 | +6903.8% |
| Deferred charges and accrued income | 490/1 | €198 | €1,030 | +€832 | +421.0% |
| Total equity and liabilities | 10/49 | €47,795 | €59,314 | +€11,519 | +24.1% |
| Equity | 10/15 | €24,133 | €29,766 | +€5,634 | +23.3% |
| Profit (loss) carried forward | 14 | €24,133 | €29,766 | +€5,634 | +23.3% |
| Amounts payable | 17/49 | €23,663 | €29,548 | +€5,885 | +24.9% |
| Amounts payable within one year | 42/48 | €23,663 | €29,548 | +€5,885 | +24.9% |
| Trade debts | 44 | €115 | €15,089 | +€14,974 | +13020.7% |
| Suppliers | 440/4 | €115 | €15,089 | +€14,974 | +13020.7% |
| Taxes, remuneration and social security | 45 | €23,548 | €14,459 | -€9,089 | -38.6% |
| Taxes | 450/3 | €6,048 | €5,459 | -€589 | -9.7% |
| Remuneration and social security | 454/9 | €17,500 | €9,000 | -€8,500 | -48.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,407 | €5,755 | +€4,348 | +309.0% |
| Other operating charges | 640/8 | €125 | €688 | +€564 | +452.2% |
| Gross operating margin | 9900 | €16,665 | €14,645 | -€2,020 | -12.1% |
| Operating profit (loss) | 9901 | €15,133 | €8,203 | -€6,931 | -45.8% |
| Financial income | 75/76B | €33 | €30 | -€3 | -9.7% |
| Recurring financial income | 75 | €33 | €30 | -€3 | -9.7% |
| Financial charges | 65/66B | €48 | €175 | +€127 | +266.4% |
| Recurring financial charges | 65 | €48 | €175 | +€127 | +266.4% |
| Profit (loss) for the period before taxes | 9903 | €15,119 | €8,058 | -€7,061 | -46.7% |
| Income taxes | 67/77 | €3,035 | €2,424 | -€612 | -20.1% |
| Profit (loss) for the period | 9904 | €12,083 | €5,634 | -€6,450 | -53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,083 | €5,634 | -€6,450 | -53.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.