MGQ 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.
MGQ Consulting
Largest movements
- Cash +€7,318
up €7,318 (+3,810%), from €192 to €7,510
mainly Depreciation (+€8,399) and Other debts (+€2,630)
- Tangible fixed assets -€6,101
down €6,101 (-17.6%), from €34,674 to €28,573
of which Furniture and vehicles: -€4,620
- Receivables within one year -€626
no longer reported in 2025 (was €626)
- Other debts +€2,630
up €2,630 (+45.7%), from €5,750 to €8,380
- Trade debts -€2,384
down €2,384 (-71.1%), from €3,353 to €968
- Tax, wage and social debts +€2,011
up €2,011 (+55.8%), from €3,606 to €5,617
of which Remuneration and social security: +€2,000
- Profit (loss) carried forward -€1,332
down €1,332 (-6.3%), from €21,185 to €19,853
- Gross operating margin +€16,210
up €16,210, from -€8,538 to €7,673
- Depreciation -€478
down €478 (-5.4%), from €8,877 to €8,399
- Other operating charges -€172
down €172 (-49.8%), from €345 to €173
- Taxes +€112
up €112 (+130%), from €86 to €198
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 | €36,893 | €37,818 | +€925 | +2.5% |
| Fixed assets | 21/28 | €34,674 | €28,573 | -€6,101 | -17.6% |
| Tangible fixed assets | 22/27 | €34,674 | €28,573 | -€6,101 | -17.6% |
| Furniture and vehicles | 24 | €22,441 | €17,821 | -€4,620 | -20.6% |
| Other tangible fixed assets | 26 | €12,233 | €10,752 | -€1,481 | -12.1% |
| Current assets | 29/58 | €2,219 | €9,245 | +€7,026 | +317% |
| Amounts receivable within one year | 40/41 | €626 | - | -€626 | |
| Other amounts receivable | 41 | €626 | - | -€626 | |
| Cash at bank and in hand | 54/58 | €192 | €7,510 | +€7,318 | +3,810% |
| Deferred charges and accrued income | 490/1 | €1,401 | €1,735 | +€334 | +23.9% |
| Total equity and liabilities | 10/49 | €36,893 | €37,818 | +€925 | +2.5% |
| Equity | 10/15 | €24,185 | €22,853 | -€1,332 | -5.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,185 | €19,853 | -€1,332 | -6.3% |
| Amounts payable | 17/49 | €12,709 | €14,965 | +€2,257 | +17.8% |
| Amounts payable within one year | 42/48 | €12,709 | €14,965 | +€2,257 | +17.8% |
| Trade debts | 44 | €3,353 | €968 | -€2,384 | -71.1% |
| Suppliers | 440/4 | €3,353 | €968 | -€2,384 | -71.1% |
| Taxes, remuneration and social security | 45 | €3,606 | €5,617 | +€2,011 | +55.8% |
| Taxes | 450/3 | €3,606 | €3,617 | +€11 | +0.3% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €5,750 | €8,380 | +€2,630 | +45.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,877 | €8,399 | -€478 | -5.4% |
| Other operating charges | 640/8 | €345 | €173 | -€172 | -49.8% |
| Non-recurring operating charges | 66A | €265 | - | -€265 | |
| Gross operating margin | 9900 | -€8,538 | €7,673 | +€16,210 | |
| Operating profit (loss) | 9901 | -€18,024 | -€900 | +€17,125 | +95.0% |
| Financial charges | 65/66B | €194 | €234 | +€41 | +21.0% |
| Recurring financial charges | 65 | €194 | €234 | +€41 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | -€18,218 | -€1,134 | +€17,084 | +93.8% |
| Income taxes | 67/77 | €86 | €198 | +€112 | +130% |
| Profit (loss) for the period | 9904 | -€18,304 | -€1,332 | +€16,972 | +92.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,304 | -€1,332 | +€16,972 | +92.7% |
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 23 October 2026 via checked.be.