MG7 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.
MG7 CONSULT
Largest movements
- Cash +€22,306
up €22,306 (+127%), from €17,593 to €39,899
mainly Other debts (+€120,391) and Net result for the year (+€49,015)
- Receivables after one year -€4,037
down €4,037 (-69.9%), from €5,773 to €1,736
- Other debts +€120,391
up €120,391 (+410%), from €29,376 to €149,767
- Profit (loss) carried forward -€65,985
down €65,985 (-49.5%), from €133,343 to €67,358
- Reserves -€54,755
down €54,755 (-100%), from €54,755 to €0
- Tax, wage and social debts +€15,792
up €15,792 (+38.8%), from €40,656 to €56,448
- Trade debts +€3,398
up €3,398 (+78.5%), from €4,329 to €7,727
- Gross operating margin +€20,433
up €20,433 (+50.1%), from €40,808 to €61,241
- Taxes +€4,120
up €4,120 (+34.7%), from €11,869 to €15,989
- Other operating charges +€1,468
up €1,468 (+52.3%), from €2,806 to €4,274
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 | €268,835 | €286,714 | +€17,879 | +6.7% |
| Fixed assets | 21/28 | €3,592 | €5,086 | +€1,494 | +41.6% |
| Tangible fixed assets | 22/27 | €3,292 | €4,786 | +€1,494 | +45.4% |
| Plant, machinery and equipment | 23 | €2 | €0 | -€2 | -100% |
| Furniture and vehicles | 24 | €3,290 | €2,144 | -€1,147 | -34.8% |
| Other tangible fixed assets | 26 | - | €2,642 | +€2,642 | |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €265,243 | €281,628 | +€16,385 | +6.2% |
| Amounts receivable after more than one year | 29 | €5,773 | €1,736 | -€4,037 | -69.9% |
| Other amounts receivable | 291 | €5,773 | €1,736 | -€4,037 | -69.9% |
| Amounts receivable within one year | 40/41 | €238,622 | €235,886 | -€2,736 | -1.1% |
| Trade receivables | 40 | €31,461 | €33,453 | +€1,991 | +6.3% |
| Other amounts receivable | 41 | €207,161 | €202,434 | -€4,727 | -2.3% |
| Cash at bank and in hand | 54/58 | €17,593 | €39,899 | +€22,306 | +127% |
| Deferred charges and accrued income | 490/1 | €3,256 | €4,107 | +€851 | +26.2% |
| Total equity and liabilities | 10/49 | €268,835 | €286,714 | +€17,879 | +6.7% |
| Equity | 10/15 | €193,098 | €72,358 | -€120,740 | -62.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €54,755 | €0 | -€54,755 | -100% |
| Distributable reserves | 133 | €54,755 | €0 | -€54,755 | -100% |
| Profit (loss) carried forward | 14 | €133,343 | €67,358 | -€65,985 | -49.5% |
| Amounts payable | 17/49 | €75,737 | €214,356 | +€138,619 | +183% |
| Amounts payable after more than one year | 17 | €414 | €0 | -€414 | -100% |
| Financial debts | 170/4 | €414 | €0 | -€414 | -100% |
| Amounts payable within one year | 42/48 | €75,323 | €214,356 | +€139,033 | +185% |
| Current portion of amounts payable after more than one year | 42 | €962 | €414 | -€548 | -57.0% |
| Trade debts | 44 | €4,329 | €7,727 | +€3,398 | +78.5% |
| Suppliers | 440/4 | €4,329 | €7,727 | +€3,398 | +78.5% |
| Taxes, remuneration and social security | 45 | €40,656 | €56,448 | +€15,792 | +38.8% |
| Taxes | 450/3 | €40,656 | €56,448 | +€15,792 | +38.8% |
| Other amounts payable | 47/48 | €29,376 | €149,767 | +€120,391 | +410% |
| Remuneration, social security and pensions | 62 | €16 | €142 | +€126 | +776% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,890 | €1,943 | +€54 | +2.8% |
| Other operating charges | 640/8 | €2,806 | €4,274 | +€1,468 | +52.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €40,808 | €61,241 | +€20,433 | +50.1% |
| Operating profit (loss) | 9901 | €36,097 | €54,882 | +€18,785 | +52.0% |
| Financial income | 75/76B | €11,452 | €11,346 | -€105 | -0.9% |
| Recurring financial income | 75 | €11,452 | €11,346 | -€105 | -0.9% |
| Financial charges | 65/66B | €1,120 | €1,225 | +€105 | +9.4% |
| Recurring financial charges | 65 | €1,120 | €1,225 | +€105 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €46,429 | €65,004 | +€18,575 | +40.0% |
| Income taxes | 67/77 | €11,869 | €15,989 | +€4,120 | +34.7% |
| Profit (loss) for the period | 9904 | €34,560 | €49,015 | +€14,455 | +41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €34,560 | €49,015 | +€14,455 | +41.8% |
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 19 October 2026 via checked.be.