MG Surgical: 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 Surgical
Largest movements
- Cash +€49,908
up €49,908 (+342%), from €14,584 to €64,491
mainly Net result for the year (+€57,526) and Tax, wage and social debts (+€13,764)
- Deferred charges and accrued income +€9,472
up €9,472 (+321%), from €2,947 to €12,418
- Reserves +€56,693
up €56,693 (+1,288%), from €4,401 to €61,094
- Tax, wage and social debts +€13,764
up €13,764 (+713%), from €1,931 to €15,695
- Other debts -€10,256
down €10,256 (-95.3%), from €10,767 to €511
- Gross operating margin +€65,148
up €65,148 (+691%), from €9,434 to €74,581
- Taxes +€13,764
up €13,764 (+819%), from €1,682 to €15,445
- Depreciation -€1,530
down €1,530 (-61.3%), from €2,495 to €966
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 | €21,004 | €80,801 | +€59,797 | +285% |
| Fixed assets | 21/28 | €3,473 | €3,892 | +€418 | +12.0% |
| Tangible fixed assets | 22/27 | €3,473 | €3,892 | +€418 | +12.0% |
| Plant, machinery and equipment | 23 | €3,473 | €3,892 | +€418 | +12.0% |
| Current assets | 29/58 | €17,530 | €76,909 | +€59,379 | +339% |
| Cash at bank and in hand | 54/58 | €14,584 | €64,491 | +€49,908 | +342% |
| Deferred charges and accrued income | 490/1 | €2,947 | €12,418 | +€9,472 | +321% |
| Total equity and liabilities | 10/49 | €21,004 | €80,801 | +€59,797 | +285% |
| Equity | 10/15 | €7,401 | €64,094 | +€56,693 | +766% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €4,401 | €61,094 | +€56,693 | +1,288% |
| Distributable reserves | 133 | €4,401 | €61,094 | +€56,693 | +1,288% |
| Amounts payable | 17/49 | €13,602 | €16,707 | +€3,105 | +22.8% |
| Amounts payable within one year | 42/48 | €13,602 | €16,707 | +€3,105 | +22.8% |
| Trade debts | 44 | €904 | €501 | -€403 | -44.6% |
| Suppliers | 440/4 | €904 | €501 | -€403 | -44.6% |
| Taxes, remuneration and social security | 45 | €1,931 | €15,695 | +€13,764 | +713% |
| Taxes | 450/3 | €1,931 | €15,695 | +€13,764 | +713% |
| Other amounts payable | 47/48 | €10,767 | €511 | -€10,256 | -95.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,495 | €966 | -€1,530 | -61.3% |
| Other operating charges | 640/8 | - | €600 | +€600 | |
| Gross operating margin | 9900 | €9,434 | €74,581 | +€65,148 | +691% |
| Operating profit (loss) | 9901 | €6,938 | €73,016 | +€66,078 | +952% |
| Financial charges | 65/66B | €23 | €45 | +€23 | +100% |
| Recurring financial charges | 65 | €23 | €45 | +€23 | +100% |
| Profit (loss) for the period before taxes | 9903 | €6,916 | €72,971 | +€66,055 | +955% |
| Income taxes | 67/77 | €1,682 | €15,445 | +€13,764 | +819% |
| Profit (loss) for the period | 9904 | €5,234 | €57,526 | +€52,291 | +999% |
| Profit (loss) for the period to be appropriated | 9905 | €5,234 | €57,526 | +€52,291 | +999% |
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 16 October 2026 via checked.be.