MIG geoconsult: 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.
MIG geoconsult
Largest movements
- Receivables within one year -€1,580
down €1,580 (-16.3%), from €9,695 to €8,115
of which Trade receivables: -€1,482
- Cash -€432
down €432 (-42.1%), from €1,025 to €593
mainly Other debts (-€4,401) and Tax, wage and social debts (-€369)
- Tangible fixed assets -€248
no longer reported in 2025 (was €248)
- Other debts -€4,401
down €4,401 (-31.2%), from €14,124 to €9,723
- Profit (loss) carried forward +€2,847
up €2,847 (+24.7%), from -€11,550 to -€8,703
- Tax, wage and social debts -€369
down €369 (-13.9%), from €2,656 to €2,287
- Trade debts -€336
down €336 (-22.4%), from €1,498 to €1,162
- Gross operating margin +€4,593
up €4,593, from -€677 to €3,916
- Depreciation -€844
down €844 (-77.3%), from €1,091 to €248
- Financial charges -€133
down €133 (-15.0%), from €889 to €756
- Other operating charges +€66
new in 2025: €66
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 | €10,968 | €8,709 | -€2,260 | -20.6% |
| Fixed assets | 21/28 | €248 | - | -€248 | |
| Tangible fixed assets | 22/27 | €248 | - | -€248 | |
| Furniture and vehicles | 24 | €248 | - | -€248 | |
| Current assets | 29/58 | €10,721 | €8,709 | -€2,012 | -18.8% |
| Amounts receivable within one year | 40/41 | €9,695 | €8,115 | -€1,580 | -16.3% |
| Trade receivables | 40 | €9,236 | €7,754 | -€1,482 | -16.0% |
| Other amounts receivable | 41 | €460 | €361 | -€98 | -21.4% |
| Cash at bank and in hand | 54/58 | €1,025 | €593 | -€432 | -42.1% |
| Total equity and liabilities | 10/49 | €10,968 | €8,709 | -€2,260 | -20.6% |
| Equity | 10/15 | -€8,550 | -€5,703 | +€2,847 | +33.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,550 | -€8,703 | +€2,847 | +24.7% |
| Amounts payable | 17/49 | €19,518 | €14,411 | -€5,107 | -26.2% |
| Amounts payable within one year | 42/48 | €19,518 | €14,411 | -€5,107 | -26.2% |
| Trade debts | 44 | €1,498 | €1,162 | -€336 | -22.4% |
| Suppliers | 440/4 | €1,498 | €1,162 | -€336 | -22.4% |
| Advances received on contracts in progress | 46 | €1,240 | €1,240 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,656 | €2,287 | -€369 | -13.9% |
| Remuneration and social security | 454/9 | €2,656 | €2,287 | -€369 | -13.9% |
| Other amounts payable | 47/48 | €14,124 | €9,723 | -€4,401 | -31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,091 | €248 | -€844 | -77.3% |
| Other operating charges | 640/8 | - | €66 | +€66 | |
| Gross operating margin | 9900 | -€677 | €3,916 | +€4,593 | |
| Operating profit (loss) | 9901 | -€1,768 | €3,603 | +€5,371 | |
| Financial charges | 65/66B | €889 | €756 | -€133 | -15.0% |
| Recurring financial charges | 65 | €889 | €756 | -€133 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,657 | €2,847 | +€5,504 | |
| Profit (loss) for the period | 9904 | -€2,657 | €2,847 | +€5,504 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,657 | €2,847 | +€5,504 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.