MGCC IMMO: 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.
MGCC IMMO
Largest movements
- Receivables within one year +€10,430
up €10,430 (+1220.3%), from €855 to €11,285
- Intangible fixed assets -€6,000
down €6,000 (-20.4%), from €29,426 to €23,426
- Tangible fixed assets -€4,116
down €4,116 (-37.9%), from €10,855 to €6,739
of which Furniture and vehicles: -€3,897
- Cash +€3,025
up €3,025 (+50.7%), from €5,968 to €8,993
mainly Net result for the year (+€30,975) and Depreciation (+€10,116)
- Profit (loss) carried forward +€30,975
up €30,975 (+57.5%), from -€53,895 to -€22,920
- Debts after one year -€12,929
down €12,929 (-38.9%), from €33,222 to €20,292
- Other debts -€12,106
down €12,106 (-25.5%), from €47,560 to €35,454
- Current portion of long-term debt -€4,312
down €4,312 (-25.0%), from €17,242 to €12,929
- Trade debts +€1,162
up €1,162 (+1703.4%), from €68 to €1,230
- Gross operating margin +€26,092
up €26,092 (+132.7%), from €19,657 to €45,750
- Depreciation +€1,436
up €1,436 (+16.5%), from €8,680 to €10,116
- Taxes +€1,352
up €1,352 (+328.7%), from €411 to €1,764
- Other operating charges +€879
up €879 (+99.3%), from €885 to €1,764
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.
Cash bridge derived
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 | €48,583 | €52,013 | +€3,430 | +7.1% |
| Fixed assets | 21/28 | €40,381 | €30,165 | -€10,216 | -25.3% |
| Intangible fixed assets | 21 | €29,426 | €23,426 | -€6,000 | -20.4% |
| Tangible fixed assets | 22/27 | €10,855 | €6,739 | -€4,116 | -37.9% |
| Plant, machinery and equipment | 23 | €1,686 | €1,466 | -€220 | -13.0% |
| Furniture and vehicles | 24 | €9,169 | €5,273 | -€3,897 | -42.5% |
| Financial fixed assets | 28 | €100 | - | -€100 | |
| Current assets | 29/58 | €8,202 | €21,848 | +€13,646 | +166.4% |
| Amounts receivable within one year | 40/41 | €855 | €11,285 | +€10,430 | +1220.3% |
| Trade receivables | 40 | €855 | €11,285 | +€10,430 | +1220.3% |
| Cash at bank and in hand | 54/58 | €5,968 | €8,993 | +€3,025 | +50.7% |
| Deferred charges and accrued income | 490/1 | €1,380 | €1,571 | +€191 | +13.9% |
| Total equity and liabilities | 10/49 | €48,583 | €52,013 | +€3,430 | +7.1% |
| Equity | 10/15 | -€51,395 | -€20,420 | +€30,975 | +60.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,895 | -€22,920 | +€30,975 | +57.5% |
| Amounts payable | 17/49 | €99,978 | €72,433 | -€27,545 | -27.6% |
| Amounts payable after more than one year | 17 | €33,222 | €20,292 | -€12,929 | -38.9% |
| Financial debts | 170/4 | €33,222 | €20,292 | -€12,929 | -38.9% |
| Amounts payable within one year | 42/48 | €66,757 | €52,141 | -€14,615 | -21.9% |
| Current portion of amounts payable after more than one year | 42 | €17,242 | €12,929 | -€4,312 | -25.0% |
| Trade debts | 44 | €68 | €1,230 | +€1,162 | +1703.4% |
| Suppliers | 440/4 | €68 | €1,230 | +€1,162 | +1703.4% |
| Taxes, remuneration and social security | 45 | €1,886 | €2,527 | +€641 | +34.0% |
| Taxes | 450/3 | €1,886 | €2,527 | +€641 | +34.0% |
| Other amounts payable | 47/48 | €47,560 | €35,454 | -€12,106 | -25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,680 | €10,116 | +€1,436 | +16.5% |
| Other operating charges | 640/8 | €885 | €1,764 | +€879 | +99.3% |
| Gross operating margin | 9900 | €19,657 | €45,750 | +€26,092 | +132.7% |
| Operating profit (loss) | 9901 | €10,092 | €33,870 | +€23,778 | +235.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,568 | €1,131 | -€437 | -27.9% |
| Recurring financial charges | 65 | €1,568 | €1,131 | -€437 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | €8,524 | €32,738 | +€24,215 | +284.1% |
| Income taxes | 67/77 | €411 | €1,764 | +€1,352 | +328.7% |
| Profit (loss) for the period | 9904 | €8,112 | €30,975 | +€22,862 | +281.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,112 | €30,975 | +€22,862 | +281.8% |
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 11 October 2026 via checked.be.