MGA Consulting: 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.
MGA Consulting
Largest movements
- Cash +€111,123
up €111,123 (+79.1%), from €140,438 to €251,560
mainly Net result for the year (+€95,423) and Depreciation (+€18,877)
- Tangible fixed assets -€18,877
down €18,877 (-53.7%), from €35,125 to €16,248
- Receivables within one year -€10,697
down €10,697 (-21.4%), from €49,876 to €39,179
of which Trade receivables: -€10,703
- Profit (loss) carried forward +€93,705
up €93,705 (+61.0%), from €153,512 to €247,217
- Trade debts -€20,082
down €20,082 (-79.0%), from €25,432 to €5,350
- Tax, wage and social debts +€4,680
up €4,680 (+19.1%), from €24,536 to €29,217
of which Remuneration and social security: +€2,685
- Gross operating margin +€36,612
up €36,612 (+34.8%), from €105,151 to €141,763
- Taxes +€6,546
up €6,546 (+33.7%), from €19,409 to €25,955
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 | €226,433 | €307,234 | +€80,801 | +35.7% |
| Fixed assets | 21/28 | €35,125 | €16,248 | -€18,877 | -53.7% |
| Tangible fixed assets | 22/27 | €35,125 | €16,248 | -€18,877 | -53.7% |
| Furniture and vehicles | 24 | €35,125 | €16,248 | -€18,877 | -53.7% |
| Current assets | 29/58 | €191,308 | €290,987 | +€99,678 | +52.1% |
| Amounts receivable within one year | 40/41 | €49,876 | €39,179 | -€10,697 | -21.4% |
| Trade receivables | 40 | €49,813 | €39,110 | -€10,703 | -21.5% |
| Other amounts receivable | 41 | €63 | €70 | +€7 | +10.5% |
| Cash at bank and in hand | 54/58 | €140,438 | €251,560 | +€111,123 | +79.1% |
| Deferred charges and accrued income | 490/1 | €995 | €247 | -€748 | -75.2% |
| Total equity and liabilities | 10/49 | €226,433 | €307,234 | +€80,801 | +35.7% |
| Equity | 10/15 | €156,012 | €249,717 | +€93,705 | +60.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Contributions outside capital | 11 | €2,500 | €2,500 | = | 0.0% |
| Other | 1109/19 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,512 | €247,217 | +€93,705 | +61.0% |
| Amounts payable | 17/49 | €70,421 | €57,517 | -€12,904 | -18.3% |
| Amounts payable within one year | 42/48 | €69,901 | €54,440 | -€15,461 | -22.1% |
| Trade debts | 44 | €25,432 | €5,350 | -€20,082 | -79.0% |
| Suppliers | 440/4 | €25,432 | €5,350 | -€20,082 | -79.0% |
| Taxes, remuneration and social security | 45 | €24,536 | €29,217 | +€4,680 | +19.1% |
| Taxes | 450/3 | €24,536 | €26,531 | +€1,995 | +8.1% |
| Remuneration and social security | 454/9 | - | €2,685 | +€2,685 | |
| Other amounts payable | 47/48 | €19,933 | €19,873 | -€59 | -0.3% |
| Accrued charges and deferred income | 492/3 | €520 | €3,077 | +€2,557 | +492% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,964 | €18,877 | -€86 | -0.5% |
| Other operating charges | 640/8 | €922 | €1,146 | +€224 | +24.3% |
| Gross operating margin | 9900 | €105,151 | €141,763 | +€36,612 | +34.8% |
| Operating profit (loss) | 9901 | €85,266 | €121,740 | +€36,474 | +42.8% |
| Financial charges | 65/66B | €308 | €362 | +€54 | +17.6% |
| Recurring financial charges | 65 | €308 | €362 | +€54 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | €84,958 | €121,378 | +€36,420 | +42.9% |
| Income taxes | 67/77 | €19,409 | €25,955 | +€6,546 | +33.7% |
| Profit (loss) for the period | 9904 | €65,549 | €95,423 | +€29,874 | +45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €65,549 | €95,423 | +€29,874 | +45.6% |
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 22 October 2026 via checked.be.