MGP Santé: 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.
MGP Santé
Largest movements
- Receivables within one year +€8,966
up €8,966 (+68.5%), from €13,092 to €22,058
of which Trade receivables: +€8,579
- Tangible fixed assets -€8,515
down €8,515 (-25.3%), from €33,692 to €25,177
- Deferred charges and accrued income +€5,057
up €5,057 (+210.1%), from €2,407 to €7,464
- Cash -€4,142
down €4,142 (-11.3%), from €36,551 to €32,410
mainly Debts after one year (-€14,041) and Receivables within one year (-€8,966)
- Profit (loss) carried forward +€20,766
up €20,766 (+116.7%), from €17,789 to €38,555
- Debts after one year -€14,041
down €14,041 (-62.3%), from €22,524 to €8,482
- Other debts -€7,055
down €7,055 (-94.0%), from €7,504 to €449
- Tax, wage and social debts +€3,302
up €3,302 (+23.8%), from €13,881 to €17,183
of which Taxes: +€3,423
- Trade debts -€1,413
down €1,413 (-20.7%), from €6,810 to €5,397
- Gross operating margin +€4,576
up €4,576 (+11.6%), from €39,339 to €43,915
- Taxes +€793
up €793 (+13.7%), from €5,789 to €6,582
- Depreciation +€514
up €514 (+3.8%), from €13,500 to €14,014
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 | €85,742 | €87,109 | +€1,366 | +1.6% |
| Fixed assets | 21/28 | €33,692 | €25,177 | -€8,515 | -25.3% |
| Tangible fixed assets | 22/27 | €33,692 | €25,177 | -€8,515 | -25.3% |
| Furniture and vehicles | 24 | €33,692 | €25,177 | -€8,515 | -25.3% |
| Current assets | 29/58 | €52,050 | €61,932 | +€9,881 | +19.0% |
| Amounts receivable within one year | 40/41 | €13,092 | €22,058 | +€8,966 | +68.5% |
| Trade receivables | 40 | €11,904 | €20,482 | +€8,579 | +72.1% |
| Other amounts receivable | 41 | €1,188 | €1,576 | +€387 | +32.6% |
| Cash at bank and in hand | 54/58 | €36,551 | €32,410 | -€4,142 | -11.3% |
| Deferred charges and accrued income | 490/1 | €2,407 | €7,464 | +€5,057 | +210.1% |
| Total equity and liabilities | 10/49 | €85,742 | €87,109 | +€1,366 | +1.6% |
| Equity | 10/15 | €20,789 | €41,555 | +€20,766 | +99.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,789 | €38,555 | +€20,766 | +116.7% |
| Amounts payable | 17/49 | €64,953 | €45,553 | -€19,400 | -29.9% |
| Amounts payable after more than one year | 17 | €22,524 | €8,482 | -€14,041 | -62.3% |
| Financial debts | 170/4 | €22,524 | €8,482 | -€14,041 | -62.3% |
| Amounts payable within one year | 42/48 | €41,630 | €37,071 | -€4,559 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €13,434 | €14,041 | +€607 | +4.5% |
| Trade debts | 44 | €6,810 | €5,397 | -€1,413 | -20.7% |
| Suppliers | 440/4 | €6,810 | €5,397 | -€1,413 | -20.7% |
| Taxes, remuneration and social security | 45 | €13,881 | €17,183 | +€3,302 | +23.8% |
| Taxes | 450/3 | €10,521 | €13,944 | +€3,423 | +32.5% |
| Remuneration and social security | 454/9 | €3,360 | €3,239 | -€121 | -3.6% |
| Other amounts payable | 47/48 | €7,504 | €449 | -€7,055 | -94.0% |
| Accrued charges and deferred income | 492/3 | €800 | €0 | -€800 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,500 | €14,014 | +€514 | +3.8% |
| Other operating charges | 640/8 | €401 | €620 | +€218 | +54.4% |
| Gross operating margin | 9900 | €39,339 | €43,915 | +€4,576 | +11.6% |
| Operating profit (loss) | 9901 | €25,438 | €29,281 | +€3,844 | +15.1% |
| Financial income | 75/76B | €1 | €0 | -€0 | -98.0% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -98.0% |
| Financial charges | 65/66B | €2,091 | €1,933 | -€158 | -7.6% |
| Recurring financial charges | 65 | €2,091 | €1,933 | -€158 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €23,347 | €27,348 | +€4,001 | +17.1% |
| Income taxes | 67/77 | €5,789 | €6,582 | +€793 | +13.7% |
| Profit (loss) for the period | 9904 | €17,557 | €20,766 | +€3,209 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,557 | €20,766 | +€3,209 | +18.3% |
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 12 October 2026 via checked.be.