MGB DIDACT: 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.
MGB DIDACT
Largest movements
- Receivables within one year +€31,480
up €31,480 (+173%), from €18,240 to €49,720
of which Trade receivables: +€32,479
- Tangible fixed assets -€9,541
down €9,541 (-44.6%), from €21,391 to €11,850
- Cash +€2,687
up €2,687 (+2,598%), from €103 to €2,790
mainly Trade debts (+€11,054) and Depreciation (+€9,541)
- Trade debts +€11,054
up €11,054 (+148%), from €7,466 to €18,519
- Profit (loss) carried forward +€8,573
up €8,573 (+77.2%), from €11,111 to €19,683
- Tax, wage and social debts +€3,418
up €3,418 (+120%), from €2,859 to €6,277
- Other debts +€1,581
up €1,581 (+8.5%), from €18,549 to €20,130
- Depreciation +€2,309
up €2,309 (+31.9%), from €7,233 to €9,541
- Gross operating margin -€2,293
down €2,293 (-10.0%), from €22,853 to €20,561
- Taxes -€680
down €680 (-23.8%), from €2,859 to €2,179
- Other operating charges -€511
down €511 (-93.2%), from €548 to €37
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 | €39,984 | €64,610 | +€24,625 | +61.6% |
| Fixed assets | 21/28 | €21,641 | €12,100 | -€9,541 | -44.1% |
| Tangible fixed assets | 22/27 | €21,391 | €11,850 | -€9,541 | -44.6% |
| Furniture and vehicles | 24 | €21,391 | €11,850 | -€9,541 | -44.6% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €18,343 | €52,510 | +€34,167 | +186% |
| Amounts receivable within one year | 40/41 | €18,240 | €49,720 | +€31,480 | +173% |
| Trade receivables | 40 | €17,241 | €49,720 | +€32,479 | +188% |
| Other amounts receivable | 41 | €999 | - | -€999 | |
| Cash at bank and in hand | 54/58 | €103 | €2,790 | +€2,687 | +2,598% |
| Total equity and liabilities | 10/49 | €39,984 | €64,610 | +€24,625 | +61.6% |
| Equity | 10/15 | €11,111 | €19,683 | +€8,573 | +77.2% |
| Profit (loss) carried forward | 14 | €11,111 | €19,683 | +€8,573 | +77.2% |
| Amounts payable | 17/49 | €28,874 | €44,926 | +€16,053 | +55.6% |
| Amounts payable within one year | 42/48 | €28,874 | €44,926 | +€16,053 | +55.6% |
| Trade debts | 44 | €7,466 | €18,519 | +€11,054 | +148% |
| Suppliers | 440/4 | €7,466 | €18,519 | +€11,054 | +148% |
| Taxes, remuneration and social security | 45 | €2,859 | €6,277 | +€3,418 | +120% |
| Taxes | 450/3 | €2,859 | €6,277 | +€3,418 | +120% |
| Other amounts payable | 47/48 | €18,549 | €20,130 | +€1,581 | +8.5% |
| Non-recurring operating income | 76A | €2,123 | - | -€2,123 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,233 | €9,541 | +€2,309 | +31.9% |
| Other operating charges | 640/8 | €548 | €37 | -€511 | -93.2% |
| Gross operating margin | 9900 | €22,853 | €20,561 | -€2,293 | -10.0% |
| Operating profit (loss) | 9901 | €15,072 | €10,982 | -€4,090 | -27.1% |
| Financial charges | 65/66B | €146 | €231 | +€85 | +57.8% |
| Recurring financial charges | 65 | €146 | €231 | +€85 | +57.8% |
| Profit (loss) for the period before taxes | 9903 | €14,926 | €10,751 | -€4,175 | -28.0% |
| Income taxes | 67/77 | €2,859 | €2,179 | -€680 | -23.8% |
| Profit (loss) for the period | 9904 | €12,067 | €8,573 | -€3,494 | -29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,067 | €8,573 | -€3,494 | -29.0% |
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.