MGMC: what changed
Two fiscal 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.
MGMC
Largest movements
- Receivables within one year +€169
up €169 (+15.2%), from €1,109 to €1,278
of which Other amounts receivable: +€1,278
- Profit (loss) carried forward +€1,092
up €1,092 (+44.1%), from -€2,475 to -€1,383
- Trade debts -€888
down €888 (-90.2%), from €985 to €97
- Gross operating margin +€3,679
up €3,679, from -€2,064 to €1,615
- Other operating charges +€85
up €85 (+21.5%), from €395 to €480
- Financial charges +€27
up €27 (+168.5%), from €16 to €43
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.
Cash bridge derived
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 | €3,510 | €3,714 | +€203 | +5.8% |
| Current assets | 29/58 | €3,510 | €3,714 | +€203 | +5.8% |
| Amounts receivable within one year | 40/41 | €1,109 | €1,278 | +€169 | +15.2% |
| Trade receivables | 40 | €1,109 | - | -€1,109 | |
| Other amounts receivable | 41 | - | €1,278 | +€1,278 | |
| Cash at bank and in hand | 54/58 | €2,401 | €2,436 | +€35 | +1.4% |
| Total equity and liabilities | 10/49 | €3,510 | €3,714 | +€203 | +5.8% |
| Equity | 10/15 | €2,525 | €3,617 | +€1,092 | +43.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,475 | -€1,383 | +€1,092 | +44.1% |
| Amounts payable | 17/49 | €985 | €97 | -€888 | -90.2% |
| Amounts payable within one year | 42/48 | €985 | €97 | -€888 | -90.2% |
| Trade debts | 44 | €985 | €97 | -€888 | -90.2% |
| Suppliers | 440/4 | €985 | €97 | -€888 | -90.2% |
| Other operating charges | 640/8 | €395 | €480 | +€85 | +21.5% |
| Gross operating margin | 9900 | -€2,064 | €1,615 | +€3,679 | |
| Operating profit (loss) | 9901 | -€2,459 | €1,135 | +€3,594 | |
| Financial charges | 65/66B | €16 | €43 | +€27 | +168.5% |
| Recurring financial charges | 65 | €16 | €43 | +€27 | +168.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,475 | €1,092 | +€3,567 | |
| Profit (loss) for the period | 9904 | -€2,475 | €1,092 | +€3,567 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,475 | €1,092 | +€3,567 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.