MGMT Partners: 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.
MGMT Partners
Largest movements
- Receivables within one year -€26,050
no longer reported in 2025 (was €26,050)
of which Other amounts receivable: -€20,000
- Cash +€15,365
up €15,365 (+756.0%), from €2,032 to €17,397
mainly Receivables within one year (+€26,050) and Depreciation (+€120)
- Other debts -€6,000
no longer reported in 2025 (was €6,000)
- Tax, wage and social debts -€4,559
no longer reported in 2025 (was €4,559)
- Gross operating margin -€13,964
down €13,964, from €13,936 to -€28
- Taxes -€2,327
down €2,327 (-96.0%), from €2,425 to €98
- Other operating charges -€387
no longer reported in 2025 (was €387)
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 | €162,759 | €151,954 | -€10,805 | -6.6% |
| Fixed assets | 21/28 | €120 | - | -€120 | |
| Tangible fixed assets | 22/27 | €120 | - | -€120 | |
| Furniture and vehicles | 24 | €120 | - | -€120 | |
| Current assets | 29/58 | €162,639 | €151,954 | -€10,685 | -6.6% |
| Amounts receivable after more than one year | 29 | €134,556 | €134,556 | = | 0.0% |
| Other amounts receivable | 291 | €134,556 | €134,556 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €26,050 | - | -€26,050 | |
| Trade receivables | 40 | €6,050 | - | -€6,050 | |
| Other amounts receivable | 41 | €20,000 | - | -€20,000 | |
| Cash at bank and in hand | 54/58 | €2,032 | €17,397 | +€15,365 | +756.0% |
| Total equity and liabilities | 10/49 | €162,759 | €151,954 | -€10,805 | -6.6% |
| Equity | 10/15 | €152,200 | €151,954 | -€246 | -0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,860 | €4,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €128,740 | €128,494 | -€246 | -0.2% |
| Amounts payable | 17/49 | €10,559 | - | -€10,559 | |
| Amounts payable within one year | 42/48 | €10,559 | - | -€10,559 | |
| Taxes, remuneration and social security | 45 | €4,559 | - | -€4,559 | |
| Taxes | 450/3 | €4,559 | - | -€4,559 | |
| Other amounts payable | 47/48 | €6,000 | - | -€6,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €157 | €120 | -€37 | -23.3% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €13,936 | -€28 | -€13,964 | |
| Operating profit (loss) | 9901 | €13,392 | -€148 | -€13,540 | |
| Financial income | 75/76B | €36 | - | -€36 | |
| Recurring financial income | 75 | €36 | - | -€36 | |
| Financial charges | 65/66B | €20 | - | -€20 | |
| Recurring financial charges | 65 | €20 | - | -€20 | |
| Profit (loss) for the period before taxes | 9903 | €13,408 | -€148 | -€13,556 | |
| Income taxes | 67/77 | €2,425 | €98 | -€2,327 | -96.0% |
| Profit (loss) for the period | 9904 | €10,983 | -€246 | -€11,229 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,983 | -€246 | -€11,229 |
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 11 October 2026 via checked.be.