MGG Solutions: 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.
MGG Solutions
Largest movements
- Receivables within one year +€16,864
up €16,864 (+565%), from €2,986 to €19,850
of which Other amounts receivable: +€19,850
- Cash +€1,977
up €1,977 (+21.3%), from €9,283 to €11,260
mainly Trade debts (+€17,454) and Tax, wage and social debts (+€4,374)
- Deferred charges and accrued income +€1,228
new in 2024: €1,228
- Tangible fixed assets +€886
up €886 (+269%), from €329 to €1,215
- Trade debts +€17,454
up €17,454 (+208%), from €8,406 to €25,860
- Tax, wage and social debts +€4,374
up €4,374 (+138%), from €3,171 to €7,545
- Other debts -€2,032
no longer reported in 2024 (was €2,032)
- Profit (loss) carried forward +€1,160
up €1,160 (+76.7%), from -€1,512 to -€352
- Gross operating margin +€2,565
up €2,565 (+159%), from €1,610 to €4,175
- Taxes +€1,937
up €1,937 (+286%), from €677 to €2,614
- Financial income +€642
up €642 (+6,423,200%), from €0 to €642
- Other operating charges -€337
down €337 (-89.8%), from €375 to €38
- Depreciation +€324
up €324 (+492%), from €66 to €389
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.
Derived cash bridge
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 | €12,597 | €33,552 | +€20,955 | +166% |
| Fixed assets | 21/28 | €329 | €1,215 | +€886 | +269% |
| Tangible fixed assets | 22/27 | €329 | €1,215 | +€886 | +269% |
| Furniture and vehicles | 24 | €329 | €1,215 | +€886 | +269% |
| Current assets | 29/58 | €12,268 | €32,337 | +€20,069 | +164% |
| Amounts receivable within one year | 40/41 | €2,986 | €19,850 | +€16,864 | +565% |
| Trade receivables | 40 | €2,986 | - | -€2,986 | |
| Other amounts receivable | 41 | - | €19,850 | +€19,850 | |
| Cash at bank and in hand | 54/58 | €9,283 | €11,260 | +€1,977 | +21.3% |
| Deferred charges and accrued income | 490/1 | - | €1,228 | +€1,228 | |
| Total equity and liabilities | 10/49 | €12,597 | €33,552 | +€20,955 | +166% |
| Equity | 10/15 | -€1,012 | €148 | +€1,160 | |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Contributions outside capital | 11 | €500 | €500 | = | 0.0% |
| Other | 1109/19 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,512 | -€352 | +€1,160 | +76.7% |
| Amounts payable | 17/49 | €13,609 | €33,405 | +€19,796 | +145% |
| Amounts payable within one year | 42/48 | €13,609 | €33,405 | +€19,796 | +145% |
| Trade debts | 44 | €8,406 | €25,860 | +€17,454 | +208% |
| Suppliers | 440/4 | €8,406 | €25,860 | +€17,454 | +208% |
| Taxes, remuneration and social security | 45 | €3,171 | €7,545 | +€4,374 | +138% |
| Taxes | 450/3 | €3,171 | €7,545 | +€4,374 | +138% |
| Other amounts payable | 47/48 | €2,032 | - | -€2,032 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66 | €389 | +€324 | +492% |
| Other operating charges | 640/8 | €375 | €38 | -€337 | -89.8% |
| Gross operating margin | 9900 | €1,610 | €4,175 | +€2,565 | +159% |
| Operating profit (loss) | 9901 | €1,170 | €3,747 | +€2,578 | +220% |
| Financial income | 75/76B | €0 | €642 | +€642 | +6,423,200% |
| Recurring financial income | 75 | €0 | €642 | +€642 | +6,423,200% |
| Financial charges | 65/66B | €348 | €616 | +€268 | +76.8% |
| Recurring financial charges | 65 | €348 | €616 | +€268 | +76.8% |
| Profit (loss) for the period before taxes | 9903 | €821 | €3,774 | +€2,952 | +359% |
| Income taxes | 67/77 | €677 | €2,614 | +€1,937 | +286% |
| Profit (loss) for the period | 9904 | €144 | €1,160 | +€1,016 | +705% |
| Profit (loss) for the period to be appropriated | 9905 | €144 | €1,160 | +€1,016 | +705% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.