MGC Diagnostics Belgium: what changed
MGC Diagnostics Belgium
Largest movements
- Financial fixed assets -€15.2m
down €15.2m (-95.9%), from €15.9m to €650,001
- Cash +€4.2m
up €4.2m (+22,901%), from €18,541 to €4.3m
mainly Contributions, distributions and other (+€24.4m) and Investment in fixed assets (net) (+€15.2m)
- Receivables within one year -€518,243
no longer reported in 2026 (was €518,243)
- Contributions +€24.4m
up €24.4m (+1,629%), from €1.5m to €25.9m
- Debts after one year -€21.3m
down €21.3m (-96.1%), from €22.1m to €863,086
- Profit (loss) carried forward -€14.6m
down €14.6m (-202%), from -€7.2m to -€21.9m
- Financial income +€7.4m
up €7.4m (+1,610%), from €458,754 to €7.8m
of which Non-recurring financial income: +€7.6m
- Financial charges -€5.1m
down €5.1m (-90.7%), from €5.6m to €526,143
of which Non-recurring financial charges: -€4.2m
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,409,318 | €4,914,720 | -€11.5m | -70.0% |
| Fixed assets | 21/28 | €15,872,533 | €650,001 | -€15.2m | -95.9% |
| Financial fixed assets | 28 | €15,872,533 | €650,001 | -€15.2m | -95.9% |
| Affiliated companies | 280/1 | €15,872,533 | €650,001 | -€15.2m | -95.9% |
| Participating interests | 280 | €9,371,639 | €650,001 | -€8.7m | -93.1% |
| Amounts receivable | 281 | €6,500,894 | - | -€6.5m | |
| Current assets | 29/58 | €536,785 | €4,264,719 | +€3.7m | +694% |
| Amounts receivable within one year | 40/41 | €518,243 | - | -€518,243 | |
| Other amounts receivable | 41 | €518,243 | - | -€518,243 | |
| Cash at bank and in hand | 54/58 | €18,541 | €4,264,719 | +€4.2m | +22,901% |
| Total equity and liabilities | 10/49 | €16,409,318 | €4,914,720 | -€11.5m | -70.0% |
| Equity | 10/15 | -€5,736,895 | €4,051,634 | +€9.8m | |
| Contributions | 10/11 | €1,500,000 | €25,936,453 | +€24.4m | +1,629% |
| Profit (loss) carried forward | 14 | -€7,236,895 | -€21,884,819 | -€14.6m | -202% |
| Amounts payable | 17/49 | €22,146,213 | €863,086 | -€21.3m | -96.1% |
| Amounts payable after more than one year | 17 | €22,146,213 | €863,086 | -€21.3m | -96.1% |
| Financial debts | 170/4 | €22,146,213 | €863,086 | -€21.3m | -96.1% |
| Other loans | 174 | €22,146,213 | €863,086 | -€21.3m | -96.1% |
| Operating charges | 60/66A | €194,496 | €21,964,904 | +€21.8m | +11,193% |
| Services and other goods | 61 | €5,090 | €44,454 | +€39,365 | +773% |
| Other operating charges | 640/8 | - | €902 | +€902 | |
| Non-recurring operating charges | 66A | €189,406 | €21,919,548 | +€21.7m | +11,473% |
| Operating profit (loss) | 9901 | -€194,496 | -€21,964,904 | -€21.8m | -11,193% |
| Financial income | 75/76B | €458,754 | €7,843,123 | +€7.4m | +1,610% |
| Recurring financial income | 75 | €458,754 | €221,548 | -€237,207 | -51.7% |
| Income from financial fixed assets | 750 | €458,754 | €221,548 | -€237,207 | -51.7% |
| Non-recurring financial income | 76B | - | €7,621,576 | +€7.6m | |
| Financial charges | 65/66B | €5,629,725 | €526,143 | -€5.1m | -90.7% |
| Recurring financial charges | 65 | €1,459,300 | €526,143 | -€933,158 | -63.9% |
| Debt charges | 650 | €1,459,300 | €526,143 | -€933,158 | -63.9% |
| Non-recurring financial charges | 66B | €4,170,425 | - | -€4.2m | |
| Profit (loss) for the period before taxes | 9903 | -€5,365,467 | -€14,647,923 | -€9.3m | -173% |
| Profit (loss) for the period | 9904 | -€5,365,467 | -€14,647,923 | -€9.3m | -173% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,365,467 | -€14,647,923 | -€9.3m | -173% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.