MGK CONSULTANCY: 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.
MGK CONSULTANCY
Largest movements
- Cash +€16,513
up €16,513 (+6.3%), from €262,669 to €279,182
mainly Net result for the year (+€155,223) and Trade debts (+€81,076)
- Tangible fixed assets +€11,923
up €11,923 (+62.3%), from €19,132 to €31,055
of which Furniture and vehicles: +€12,351
- Receivables within one year -€9,938
down €9,938 (-8.6%), from €115,596 to €105,658
of which Trade receivables: -€14,851
- Trade debts +€81,076
up €81,076 (+62.8%), from €129,110 to €210,186
- Profit (loss) carried forward -€55,327
down €55,327 (-45.2%), from €122,537 to €67,210
- Other debts -€7,250
down €7,250 (-5.0%), from €143,750 to €136,500
- Gross operating margin -€86,562
down €86,562 (-31.9%), from €271,272 to €184,710
- Staff costs -€6,636
down €6,636 (-42.6%), from €15,573 to €8,938
- Taxes -€5,000
down €5,000 (-33.3%), from €15,000 to €10,000
- Depreciation +€3,766
up €3,766 (+61.0%), from €6,171 to €9,937
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 | €397,396 | €415,896 | +€18,499 | +4.7% |
| Fixed assets | 21/28 | €19,132 | €31,055 | +€11,923 | +62.3% |
| Tangible fixed assets | 22/27 | €19,132 | €31,055 | +€11,923 | +62.3% |
| Plant, machinery and equipment | 23 | €4,263 | €3,835 | -€428 | -10.0% |
| Furniture and vehicles | 24 | €14,869 | €27,220 | +€12,351 | +83.1% |
| Current assets | 29/58 | €378,265 | €384,841 | +€6,576 | +1.7% |
| Amounts receivable within one year | 40/41 | €115,596 | €105,658 | -€9,938 | -8.6% |
| Trade receivables | 40 | €73,519 | €58,668 | -€14,851 | -20.2% |
| Other amounts receivable | 41 | €42,077 | €46,990 | +€4,913 | +11.7% |
| Cash at bank and in hand | 54/58 | €262,669 | €279,182 | +€16,513 | +6.3% |
| Total equity and liabilities | 10/49 | €397,396 | €415,896 | +€18,499 | +4.7% |
| Equity | 10/15 | €124,537 | €69,210 | -€55,327 | -44.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Share premium | 1100/10 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €122,537 | €67,210 | -€55,327 | -45.2% |
| Amounts payable | 17/49 | €272,860 | €346,686 | +€73,826 | +27.1% |
| Amounts payable within one year | 42/48 | €272,860 | €346,686 | +€73,826 | +27.1% |
| Trade debts | 44 | €129,110 | €210,186 | +€81,076 | +62.8% |
| Suppliers | 440/4 | €129,110 | €210,186 | +€81,076 | +62.8% |
| Other amounts payable | 47/48 | €143,750 | €136,500 | -€7,250 | -5.0% |
| Remuneration, social security and pensions | 62 | €15,573 | €8,938 | -€6,636 | -42.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,171 | €9,937 | +€3,766 | +61.0% |
| Other operating charges | 640/8 | €154 | €558 | +€404 | +262% |
| Gross operating margin | 9900 | €271,272 | €184,710 | -€86,562 | -31.9% |
| Operating profit (loss) | 9901 | €249,374 | €165,277 | -€84,096 | -33.7% |
| Financial charges | 65/66B | €189 | €54 | -€135 | -71.4% |
| Recurring financial charges | 65 | €189 | €54 | -€135 | -71.4% |
| Profit (loss) for the period before taxes | 9903 | €249,185 | €165,223 | -€83,961 | -33.7% |
| Income taxes | 67/77 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Profit (loss) for the period | 9904 | €234,185 | €155,223 | -€78,961 | -33.7% |
| Profit (loss) for the period to be appropriated | 9905 | €234,185 | €155,223 | -€78,961 | -33.7% |
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 16 October 2026 via checked.be.