MG Science Communications: 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 Science Communications
Largest movements
- Current investments +€96,948
up €96,948 (+7.1%), from €1.4m to €1.5m
- Cash -€63,167
down €63,167 (-51.4%), from €122,848 to €59,681
mainly Current investments (-€96,948) and Net result for the year (-€12,652)
- Other debts +€30,854
up €30,854 (+194%), from €15,901 to €46,755
- Gross operating margin -€224,919
down €224,919 (-76.9%), from €292,357 to €67,438
- Taxes -€79,470
down €79,470 (-94.8%), from €83,794 to €4,324
- Financial charges +€41,143
up €41,143 (+693%), from €5,941 to €47,084
- Other operating charges -€22,119
down €22,119 (-92.8%), from €23,823 to €1,705
- Write-downs +€16,638
up €16,638, from -€16,638 to €0
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 | €1,564,641 | €1,580,197 | +€15,556 | +1.0% |
| Fixed assets | 21/28 | €1,192 | €671 | -€521 | -43.7% |
| Tangible fixed assets | 22/27 | €1,192 | €671 | -€521 | -43.7% |
| Furniture and vehicles | 24 | €1,192 | €671 | -€521 | -43.7% |
| Current assets | 29/58 | €1,563,449 | €1,579,526 | +€16,077 | +1.0% |
| Amounts receivable within one year | 40/41 | €59,667 | €48,189 | -€11,477 | -19.2% |
| Trade receivables | 40 | €56,823 | €8,351 | -€48,472 | -85.3% |
| Other amounts receivable | 41 | €2,844 | €39,839 | +€36,995 | +1,301% |
| Current investments | 50/53 | €1,370,215 | €1,467,163 | +€96,948 | +7.1% |
| Cash at bank and in hand | 54/58 | €122,848 | €59,681 | -€63,167 | -51.4% |
| Deferred charges and accrued income | 490/1 | €10,720 | €4,493 | -€6,227 | -58.1% |
| Total equity and liabilities | 10/49 | €1,564,641 | €1,580,197 | +€15,556 | +1.0% |
| Equity | 10/15 | €1,525,726 | €1,513,074 | -€12,652 | -0.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,416,844 | €1,416,844 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €75,780 | €75,780 | = | 0.0% |
| Distributable reserves | 133 | €1,339,064 | €1,339,064 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,882 | €76,230 | -€12,652 | -14.2% |
| Amounts payable | 17/49 | €38,915 | €67,122 | +€28,207 | +72.5% |
| Amounts payable within one year | 42/48 | €38,915 | €67,122 | +€28,207 | +72.5% |
| Trade debts | 44 | €2,940 | €5,238 | +€2,298 | +78.2% |
| Suppliers | 440/4 | €2,940 | €5,238 | +€2,298 | +78.2% |
| Taxes, remuneration and social security | 45 | €20,074 | €15,129 | -€4,945 | -24.6% |
| Taxes | 450/3 | €11,054 | €5,931 | -€5,122 | -46.3% |
| Remuneration and social security | 454/9 | €9,021 | €9,197 | +€177 | +2.0% |
| Other amounts payable | 47/48 | €15,901 | €46,755 | +€30,854 | +194% |
| Remuneration, social security and pensions | 62 | €65,791 | €68,132 | +€2,342 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €684 | €521 | -€162 | -23.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€16,638 | €0 | +€16,638 | |
| Other operating charges | 640/8 | €23,823 | €1,705 | -€22,119 | -92.8% |
| Gross operating margin | 9900 | €292,357 | €67,438 | -€224,919 | -76.9% |
| Operating profit (loss) | 9901 | €218,697 | -€2,921 | -€221,617 | |
| Financial income | 75/76B | €40,278 | €41,677 | +€1,399 | +3.5% |
| Recurring financial income | 75 | €40,278 | €41,677 | +€1,399 | +3.5% |
| Financial charges | 65/66B | €5,941 | €47,084 | +€41,143 | +693% |
| Recurring financial charges | 65 | €5,941 | €47,084 | +€41,143 | +693% |
| Profit (loss) for the period before taxes | 9903 | €253,034 | -€8,327 | -€261,361 | |
| Income taxes | 67/77 | €83,794 | €4,324 | -€79,470 | -94.8% |
| Profit (loss) for the period | 9904 | €169,240 | -€12,652 | -€181,892 | |
| Profit (loss) for the period to be appropriated | 9905 | €169,240 | -€12,652 | -€181,892 |
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.