MGHolistic: 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.
MGHolistic
Largest movements
- Receivables within one year -€35,786
down €35,786 (-71.0%), from €50,431 to €14,645
of which Trade receivables: -€35,922
- Cash +€33,762
up €33,762 (+88.2%), from €38,283 to €72,045
mainly Net result for the year (+€49,709) and Receivables within one year (+€35,786)
- Tangible fixed assets -€6,090
down €6,090 (-54.4%), from €11,206 to €5,115
- Deferred charges and accrued income +€1,887
up €1,887 (+554%), from €341 to €2,228
- Profit (loss) carried forward -€10,291
down €10,291 (-94.1%), from €10,939 to €648
- Trade debts +€5,822
up €5,822 (+1,945%), from €299 to €6,121
- Tax, wage and social debts -€3,583
down €3,583 (-29.4%), from €12,199 to €8,615
- Other debts +€1,777
up €1,777 (+3.1%), from €58,223 to €60,000
- Gross operating margin -€9,118
down €9,118 (-11.5%), from €79,102 to €69,983
- Taxes -€2,220
down €2,220 (-14.2%), from €15,618 to €13,398
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 | €100,261 | €94,033 | -€6,228 | -6.2% |
| Fixed assets | 21/28 | €11,206 | €5,115 | -€6,090 | -54.4% |
| Tangible fixed assets | 22/27 | €11,206 | €5,115 | -€6,090 | -54.4% |
| Furniture and vehicles | 24 | €11,206 | €5,115 | -€6,090 | -54.4% |
| Current assets | 29/58 | €89,055 | €88,918 | -€137 | -0.2% |
| Amounts receivable within one year | 40/41 | €50,431 | €14,645 | -€35,786 | -71.0% |
| Trade receivables | 40 | €50,414 | €14,491 | -€35,922 | -71.3% |
| Other amounts receivable | 41 | €18 | €153 | +€136 | +759% |
| Cash at bank and in hand | 54/58 | €38,283 | €72,045 | +€33,762 | +88.2% |
| Deferred charges and accrued income | 490/1 | €341 | €2,228 | +€1,887 | +554% |
| Total equity and liabilities | 10/49 | €100,261 | €94,033 | -€6,228 | -6.2% |
| Equity | 10/15 | €29,539 | €19,248 | -€10,291 | -34.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,939 | €648 | -€10,291 | -94.1% |
| Amounts payable | 17/49 | €70,721 | €74,785 | +€4,064 | +5.7% |
| Amounts payable within one year | 42/48 | €70,721 | €74,736 | +€4,015 | +5.7% |
| Trade debts | 44 | €299 | €6,121 | +€5,822 | +1,945% |
| Suppliers | 440/4 | €299 | €6,121 | +€5,822 | +1,945% |
| Taxes, remuneration and social security | 45 | €12,199 | €8,615 | -€3,583 | -29.4% |
| Taxes | 450/3 | €12,199 | €8,615 | -€3,583 | -29.4% |
| Other amounts payable | 47/48 | €58,223 | €60,000 | +€1,777 | +3.1% |
| Accrued charges and deferred income | 492/3 | - | €49 | +€49 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,567 | €6,090 | -€476 | -7.3% |
| Other operating charges | 640/8 | €448 | €584 | +€135 | +30.1% |
| Gross operating margin | 9900 | €79,102 | €69,983 | -€9,118 | -11.5% |
| Operating profit (loss) | 9901 | €72,087 | €63,309 | -€8,777 | -12.2% |
| Financial income | 75/76B | €170 | €171 | +€1 | +0.9% |
| Recurring financial income | 75 | €170 | €171 | +€1 | +0.9% |
| Financial charges | 65/66B | €131 | €374 | +€243 | +185% |
| Recurring financial charges | 65 | €131 | €374 | +€243 | +185% |
| Profit (loss) for the period before taxes | 9903 | €72,125 | €63,107 | -€9,019 | -12.5% |
| Income taxes | 67/77 | €15,618 | €13,398 | -€2,220 | -14.2% |
| Profit (loss) for the period | 9904 | €56,507 | €49,709 | -€6,798 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €56,507 | €49,709 | -€6,798 | -12.0% |
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 14 October 2026 via checked.be.