MiGo 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.
MiGo Consulting
Largest movements
- Cash +€44,396
up €44,396 (+41.8%), from €106,120 to €150,517
mainly Other debts (+€79,643) and Net result for the year (+€46,854)
- Receivables within one year -€19,650
down €19,650 (-97.4%), from €20,179 to €529
of which Trade receivables: -€19,592
- Tangible fixed assets -€14,975
down €14,975 (-26.3%), from €56,970 to €41,995
of which Furniture and vehicles: -€14,462
- Other debts +€79,643
up €79,643 (+363%), from €21,913 to €101,556
- Reserves -€53,490
down €53,490 (-53.1%), from €100,804 to €47,315
- Debts after one year -€10,305
down €10,305 (-53.5%), from €19,272 to €8,966
- Current portion of long-term debt -€4,277
down €4,277 (-29.3%), from €14,582 to €10,305
- Trade debts -€2,018
down €2,018 (-78.1%), from €2,583 to €565
- Gross operating margin +€1,957
up €1,957 (+2.5%), from €76,954 to €78,911
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 | €186,440 | €196,546 | +€10,107 | +5.4% |
| Fixed assets | 21/28 | €56,970 | €41,995 | -€14,975 | -26.3% |
| Tangible fixed assets | 22/27 | €56,970 | €41,995 | -€14,975 | -26.3% |
| Plant, machinery and equipment | 23 | €2,072 | €1,560 | -€513 | -24.7% |
| Furniture and vehicles | 24 | €54,897 | €40,435 | -€14,462 | -26.3% |
| Current assets | 29/58 | €129,470 | €154,551 | +€25,081 | +19.4% |
| Amounts receivable within one year | 40/41 | €20,179 | €529 | -€19,650 | -97.4% |
| Trade receivables | 40 | €19,592 | - | -€19,592 | |
| Other amounts receivable | 41 | €587 | €529 | -€58 | -9.8% |
| Cash at bank and in hand | 54/58 | €106,120 | €150,517 | +€44,396 | +41.8% |
| Deferred charges and accrued income | 490/1 | €3,170 | €3,505 | +€335 | +10.6% |
| Total equity and liabilities | 10/49 | €186,440 | €196,546 | +€10,107 | +5.4% |
| Equity | 10/15 | €119,404 | €65,915 | -€53,490 | -44.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €100,804 | €47,315 | -€53,490 | -53.1% |
| Distributable reserves | 133 | €100,804 | €47,315 | -€53,490 | -53.1% |
| Amounts payable | 17/49 | €67,035 | €130,632 | +€63,596 | +94.9% |
| Amounts payable after more than one year | 17 | €19,272 | €8,966 | -€10,305 | -53.5% |
| Financial debts | 170/4 | €19,272 | €8,966 | -€10,305 | -53.5% |
| Amounts payable within one year | 42/48 | €47,640 | €121,598 | +€73,958 | +155% |
| Current portion of amounts payable after more than one year | 42 | €14,582 | €10,305 | -€4,277 | -29.3% |
| Trade debts | 44 | €2,583 | €565 | -€2,018 | -78.1% |
| Suppliers | 440/4 | €2,583 | €565 | -€2,018 | -78.1% |
| Taxes, remuneration and social security | 45 | €8,562 | €9,172 | +€610 | +7.1% |
| Taxes | 450/3 | €8,562 | €9,172 | +€610 | +7.1% |
| Other amounts payable | 47/48 | €21,913 | €101,556 | +€79,643 | +363% |
| Accrued charges and deferred income | 492/3 | €124 | €67 | -€57 | -45.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,617 | €16,025 | +€408 | +2.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | - | €734 | +€734 | |
| Gross operating margin | 9900 | €76,954 | €78,911 | +€1,957 | +2.5% |
| Operating profit (loss) | 9901 | €60,950 | €61,753 | +€803 | +1.3% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €2,183 | €1,977 | -€206 | -9.4% |
| Recurring financial charges | 65 | €2,183 | €1,977 | -€206 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €58,776 | €59,776 | +€999 | +1.7% |
| Income taxes | 67/77 | €12,413 | €12,922 | +€509 | +4.1% |
| Profit (loss) for the period | 9904 | €46,363 | €46,854 | +€491 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €46,363 | €46,854 | +€491 | +1.1% |
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 17 October 2026 via checked.be.