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
- Cash +€186,798
up €186,798 (+138%), from €135,268 to €322,066
mainly Net result for the year (+€150,209) and Tax, wage and social debts (+€28,306)
- Reserves +€150,949
up €150,949 (+144%), from €105,000 to €255,949
- Gross operating margin +€60,830
up €60,830 (+42.9%), from €141,686 to €202,515
- Taxes +€15,807
up €15,807 (+44.5%), from €35,541 to €51,348
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 | €10,333,201 | €10,491,730 | +€158,529 | +1.5% |
| Fixed assets | 21/28 | €10,170,545 | €10,169,584 | -€961 | 0.0% |
| Tangible fixed assets | 22/27 | €4,447 | €3,486 | -€961 | -21.6% |
| Plant, machinery and equipment | 23 | €4,447 | €3,486 | -€961 | -21.6% |
| Financial fixed assets | 28 | €10,166,098 | €10,166,098 | = | 0.0% |
| Current assets | 29/58 | €162,656 | €322,146 | +€159,490 | +98.1% |
| Amounts receivable within one year | 40/41 | €27,389 | - | -€27,389 | |
| Trade receivables | 40 | €24,200 | - | -€24,200 | |
| Other amounts receivable | 41 | €3,189 | - | -€3,189 | |
| Cash at bank and in hand | 54/58 | €135,268 | €322,066 | +€186,798 | +138% |
| Deferred charges and accrued income | 490/1 | - | €80 | +€80 | |
| Total equity and liabilities | 10/49 | €10,333,201 | €10,491,730 | +€158,529 | +1.5% |
| Equity | 10/15 | €115,740 | €265,949 | +€150,209 | +130% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | - | -€10,000 | |
| Issued capital | 100 | €10,000 | - | -€10,000 | |
| Reserves | 13 | €105,000 | €255,949 | +€150,949 | +144% |
| Distributable reserves | 133 | €105,000 | €255,949 | +€150,949 | +144% |
| Profit (loss) carried forward | 14 | €740 | - | -€740 | |
| Amounts payable | 17/49 | €10,217,461 | €10,225,781 | +€8,320 | +0.1% |
| Amounts payable after more than one year | 17 | €10,166,000 | €10,142,509 | -€23,491 | -0.2% |
| Financial debts | 170/4 | - | €10,142,509 | +€10.1m | |
| Other amounts payable | 178/9 | €10,166,000 | - | -€10.2m | |
| Amounts payable within one year | 42/48 | €51,461 | €83,271 | +€31,811 | +61.8% |
| Trade debts | 44 | €3,468 | €6,973 | +€3,504 | +101% |
| Suppliers | 440/4 | €3,468 | €6,973 | +€3,504 | +101% |
| Taxes, remuneration and social security | 45 | €47,992 | €76,299 | +€28,306 | +59.0% |
| Taxes | 450/3 | €47,992 | €76,299 | +€28,306 | +59.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €359 | €961 | +€602 | +168% |
| Gross operating margin | 9900 | €141,686 | €202,515 | +€60,830 | +42.9% |
| Operating profit (loss) | 9901 | €141,327 | €201,554 | +€60,227 | +42.6% |
| Financial income | 75/76B | - | €46 | +€46 | |
| Recurring financial income | 75 | - | €46 | +€46 | |
| Financial charges | 65/66B | €46 | €43 | -€3 | -5.6% |
| Recurring financial charges | 65 | €46 | €43 | -€3 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €141,281 | €201,557 | +€60,275 | +42.7% |
| Income taxes | 67/77 | €35,541 | €51,348 | +€15,807 | +44.5% |
| Profit (loss) for the period | 9904 | €105,740 | €150,209 | +€44,469 | +42.1% |
| Profit (loss) for the period to be appropriated | 9905 | €105,740 | €150,209 | +€44,469 | +42.1% |
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 19 October 2026 via checked.be.