MGE 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.
MGE CONSULTING
Largest movements
- Tangible fixed assets -€205,335
down €205,335 (-32.7%), from €627,731 to €422,396
of which Land and buildings: -€151,660
- Cash +€110,349
up €110,349 (+494%), from €22,334 to €132,682
mainly Investment in fixed assets (net) (+€175,165) and Net result for the year (+€108,484)
- Debts after one year -€80,872
down €80,872 (-38.6%), from €209,403 to €128,531
- Current portion of long-term debt -€20,520
down €20,520 (-37.8%), from €54,342 to €33,823
- Other debts +€11,179
up €11,179 (+75.4%), from €14,821 to €26,000
- Gross operating margin +€53,911
up €53,911 (+38.7%), from €139,280 to €193,190
- Taxes +€10,795
up €10,795 (+29.5%), from €36,550 to €47,345
- Other operating charges -€3,587
down €3,587 (-59.9%), from €5,985 to €2,398
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 | €694,578 | €600,535 | -€94,043 | -13.5% |
| Fixed assets | 21/28 | €627,731 | €422,396 | -€205,335 | -32.7% |
| Tangible fixed assets | 22/27 | €627,731 | €422,396 | -€205,335 | -32.7% |
| Land and buildings | 22 | €489,302 | €337,642 | -€151,660 | -31.0% |
| Plant, machinery and equipment | 23 | €69,375 | €31,148 | -€38,227 | -55.1% |
| Furniture and vehicles | 24 | €69,054 | €53,606 | -€15,448 | -22.4% |
| Current assets | 29/58 | €66,847 | €178,140 | +€111,292 | +166% |
| Amounts receivable within one year | 40/41 | €42,257 | €44,362 | +€2,106 | +5.0% |
| Trade receivables | 40 | €42,257 | €38,829 | -€3,428 | -8.1% |
| Other amounts receivable | 41 | - | €5,533 | +€5,533 | |
| Cash at bank and in hand | 54/58 | €22,334 | €132,682 | +€110,349 | +494% |
| Deferred charges and accrued income | 490/1 | €2,257 | €1,095 | -€1,162 | -51.5% |
| Total equity and liabilities | 10/49 | €694,578 | €600,535 | -€94,043 | -13.5% |
| Equity | 10/15 | €387,285 | €382,068 | -€5,216 | -1.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €371,234 | €365,534 | -€5,700 | -1.5% |
| Distributable reserves | 133 | €371,234 | €365,534 | -€5,700 | -1.5% |
| Profit (loss) carried forward | 14 | €9,851 | €10,334 | +€484 | +4.9% |
| Amounts payable | 17/49 | €307,293 | €218,467 | -€88,826 | -28.9% |
| Amounts payable after more than one year | 17 | €209,403 | €128,531 | -€80,872 | -38.6% |
| Financial debts | 170/4 | €209,403 | €128,531 | -€80,872 | -38.6% |
| Amounts payable within one year | 42/48 | €97,890 | €89,936 | -€7,954 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €54,342 | €33,823 | -€20,520 | -37.8% |
| Trade debts | 44 | €2,357 | €1,035 | -€1,322 | -56.1% |
| Suppliers | 440/4 | €2,357 | €1,035 | -€1,322 | -56.1% |
| Taxes, remuneration and social security | 45 | €26,369 | €29,078 | +€2,709 | +10.3% |
| Taxes | 450/3 | €19,602 | €29,078 | +€9,477 | +48.3% |
| Remuneration and social security | 454/9 | €6,767 | €0 | -€6,767 | -100% |
| Other amounts payable | 47/48 | €14,821 | €26,000 | +€11,179 | +75.4% |
| Non-recurring operating income | 76A | €26,043 | €69,835 | +€43,792 | +168% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,876 | €30,170 | +€294 | +1.0% |
| Other operating charges | 640/8 | €5,985 | €2,398 | -€3,587 | -59.9% |
| Gross operating margin | 9900 | €139,280 | €193,190 | +€53,911 | +38.7% |
| Operating profit (loss) | 9901 | €103,419 | €160,622 | +€57,203 | +55.3% |
| Financial income | 75/76B | €279 | €40 | -€239 | -85.6% |
| Recurring financial income | 75 | €279 | €40 | -€239 | -85.6% |
| Financial charges | 65/66B | €4,377 | €4,833 | +€456 | +10.4% |
| Recurring financial charges | 65 | €4,377 | €4,833 | +€456 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | €99,321 | €155,829 | +€56,508 | +56.9% |
| Income taxes | 67/77 | €36,550 | €47,345 | +€10,795 | +29.5% |
| Profit (loss) for the period | 9904 | €62,770 | €108,484 | +€45,713 | +72.8% |
| Profit (loss) for the period to be appropriated | 9905 | €62,770 | €108,484 | +€45,713 | +72.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.