MGD Construct: what changed
Two fiscal 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.
MGD Construct
Largest movements
- Receivables within one year +€125,937
up €125,937 (+722.3%), from €17,435 to €143,372
of which Trade receivables: +€123,087
- Cash -€5,173
down €5,173 (-96.1%), from €5,383 to €210
mainly Receivables within one year (-€125,937)
- Profit (loss) carried forward +€77,561
up €77,561 (+670.6%), from €11,566 to €89,127
- Trade debts +€20,704
up €20,704 (+627.1%), from €3,302 to €24,006
- Tax, wage and social debts +€19,500
up €19,500 (+661.0%), from €2,950 to €22,450
- Other debts +€3,000
new in 2024: €3,000
- Turnover -€557,180
no longer reported in 2024 (was €557,180)
- Purchases and services -€536,321
no longer reported in 2024 (was €536,321)
- Gross operating margin +€76,838
up €76,838 (+368.4%), from €20,859 to €97,697
- Taxes +€16,550
up €16,550 (+561.0%), from €2,950 to €19,500
- Financial charges -€5,708
down €5,708 (-90.0%), from €6,344 to €636
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,817 | €143,582 | +€120,765 | +529.3% |
| Current assets | 29/58 | €22,817 | €143,582 | +€120,765 | +529.3% |
| Amounts receivable within one year | 40/41 | €17,435 | €143,372 | +€125,937 | +722.3% |
| Trade receivables | 40 | €15,571 | €138,658 | +€123,087 | +790.5% |
| Other amounts receivable | 41 | €1,864 | €4,714 | +€2,851 | +153.0% |
| Cash at bank and in hand | 54/58 | €5,383 | €210 | -€5,173 | -96.1% |
| Total equity and liabilities | 10/49 | €22,817 | €143,582 | +€120,765 | +529.3% |
| Equity | 10/15 | €16,566 | €94,127 | +€77,561 | +468.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,566 | €89,127 | +€77,561 | +670.6% |
| Amounts payable | 17/49 | €6,252 | €49,456 | +€43,204 | +691.1% |
| Amounts payable within one year | 42/48 | €6,252 | €49,456 | +€43,204 | +691.1% |
| Trade debts | 44 | €3,302 | €24,006 | +€20,704 | +627.1% |
| Suppliers | 440/4 | €3,302 | €24,006 | +€20,704 | +627.1% |
| Taxes, remuneration and social security | 45 | €2,950 | €22,450 | +€19,500 | +661.0% |
| Taxes | 450/3 | €2,950 | €22,450 | +€19,500 | +661.0% |
| Other amounts payable | 47/48 | - | €3,000 | +€3,000 | |
| Turnover | 70 | €557,180 | - | -€557,180 | |
| Goods, raw materials, services and sundry goods | 60/61 | €536,321 | - | -€536,321 | |
| Gross operating margin | 9900 | €20,859 | €97,697 | +€76,838 | +368.4% |
| Operating profit (loss) | 9901 | €20,859 | €97,697 | +€76,838 | +368.4% |
| Financial charges | 65/66B | €6,344 | €636 | -€5,708 | -90.0% |
| Recurring financial charges | 65 | €6,344 | €636 | -€5,708 | -90.0% |
| Profit (loss) for the period before taxes | 9903 | €14,516 | €97,061 | +€82,545 | +568.7% |
| Income taxes | 67/77 | €2,950 | €19,500 | +€16,550 | +561.0% |
| Profit (loss) for the period | 9904 | €11,566 | €77,561 | +€65,995 | +570.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,566 | €77,561 | +€65,995 | +570.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2023 and 31 August 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.