MGL 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.
MGL CONSULTING
Largest movements
- Receivables within one year -€33,050
down €33,050 (-28.0%), from €118,145 to €85,095
of which Trade receivables: -€36,709
- Cash +€27,604
up €27,604 (+80.8%), from €34,150 to €61,754
mainly Receivables within one year (+€33,050) and Depreciation (+€13,608)
- Tangible fixed assets -€8,569
down €8,569 (-25.2%), from €34,023 to €25,454
of which Furniture and vehicles: -€8,358
- Deferred charges and accrued income -€5,249
down €5,249 (-74.5%), from €7,048 to €1,799
- Profit (loss) carried forward -€10,094
new in 2024: -€10,094
- Tax, wage and social debts -€6,424
down €6,424 (-89.5%), from €7,178 to €754
- Trade debts -€2,703
down €2,703 (-38.2%), from €7,084 to €4,380
- Gross operating margin -€49,563
down €49,563 (-94.4%), from €52,498 to €2,935
- Taxes -€9,625
down €9,625 (-79.9%), from €12,049 to €2,424
- Financial income +€4,370
up €4,370 (+432,652%), from €1 to €4,371
- Other operating charges -€1,379
down €1,379 (-61.7%), from €2,235 to €856
- Depreciation -€679
down €679 (-4.8%), from €14,287 to €13,608
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 | €193,365 | €174,101 | -€19,263 | -10.0% |
| Fixed assets | 21/28 | €34,023 | €25,454 | -€8,569 | -25.2% |
| Tangible fixed assets | 22/27 | €34,023 | €25,454 | -€8,569 | -25.2% |
| Plant, machinery and equipment | 23 | €1,004 | €793 | -€211 | -21.0% |
| Furniture and vehicles | 24 | €33,019 | €24,661 | -€8,358 | -25.3% |
| Current assets | 29/58 | €159,342 | €148,647 | -€10,694 | -6.7% |
| Amounts receivable within one year | 40/41 | €118,145 | €85,095 | -€33,050 | -28.0% |
| Trade receivables | 40 | €40,607 | €3,899 | -€36,709 | -90.4% |
| Other amounts receivable | 41 | €77,537 | €81,196 | +€3,659 | +4.7% |
| Cash at bank and in hand | 54/58 | €34,150 | €61,754 | +€27,604 | +80.8% |
| Deferred charges and accrued income | 490/1 | €7,048 | €1,799 | -€5,249 | -74.5% |
| Total equity and liabilities | 10/49 | €193,365 | €174,101 | -€19,263 | -10.0% |
| Equity | 10/15 | €179,061 | €168,967 | -€10,094 | -5.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €174,061 | €174,061 | = | 0.0% |
| Distributable reserves | 133 | €174,061 | €174,061 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€10,094 | -€10,094 | |
| Amounts payable | 17/49 | €14,304 | €5,134 | -€9,170 | -64.1% |
| Amounts payable within one year | 42/48 | €14,261 | €5,134 | -€9,127 | -64.0% |
| Trade debts | 44 | €7,084 | €4,380 | -€2,703 | -38.2% |
| Suppliers | 440/4 | €7,084 | €4,380 | -€2,703 | -38.2% |
| Taxes, remuneration and social security | 45 | €7,178 | €754 | -€6,424 | -89.5% |
| Taxes | 450/3 | €7,178 | €754 | -€6,424 | -89.5% |
| Accrued charges and deferred income | 492/3 | €43 | - | -€43 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,287 | €13,608 | -€679 | -4.8% |
| Other operating charges | 640/8 | €2,235 | €856 | -€1,379 | -61.7% |
| Gross operating margin | 9900 | €52,498 | €2,935 | -€49,563 | -94.4% |
| Operating profit (loss) | 9901 | €35,976 | -€11,529 | -€47,505 | |
| Financial income | 75/76B | €1 | €4,371 | +€4,370 | +432,652% |
| Recurring financial income | 75 | €1 | €4,371 | +€4,370 | +432,652% |
| Financial charges | 65/66B | €515 | €511 | -€4 | -0.7% |
| Recurring financial charges | 65 | €515 | €511 | -€4 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €35,462 | -€7,669 | -€43,131 | |
| Income taxes | 67/77 | €12,049 | €2,424 | -€9,625 | -79.9% |
| Profit (loss) for the period | 9904 | €23,413 | -€10,094 | -€33,507 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,413 | -€10,094 | -€33,507 |
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 21 October 2026 via checked.be.