MPGS 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.
MPGS CONSULTING
Largest movements
- Cash +€19,505
up €19,505 (+29.4%), from €66,363 to €85,868
mainly Other debts (+€66,326) and Depreciation (+€5,551)
- Receivables within one year +€7,375
up €7,375 (+264%), from €2,789 to €10,164
of which Trade receivables: +€10,164
- Tangible fixed assets -€5,551
no longer reported in 2025 (was €5,551)
- Other debts +€66,326
new in 2025: €66,326
- Profit (loss) carried forward -€53,607
no longer reported in 2025 (was €53,607)
- Reserves +€4,985
up €4,985 (+268%), from €1,860 to €6,845
of which Distributable reserves: +€4,985
- Tax, wage and social debts +€3,664
up €3,664 (+737%), from €497 to €4,160
- Gross operating margin +€37,743
up €37,743, from -€25,656 to €12,087
- Depreciation -€2,998
down €2,998 (-35.1%), from €8,549 to €5,551
- Financial charges -€1,338
down €1,338 (-80.6%), from €1,660 to €321
- Taxes +€521
up €521 (+220%), from €237 to €757
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 | €74,954 | €96,112 | +€21,158 | +28.2% |
| Fixed assets | 21/28 | €5,631 | €80 | -€5,551 | -98.6% |
| Tangible fixed assets | 22/27 | €5,551 | - | -€5,551 | |
| Furniture and vehicles | 24 | €5,551 | - | -€5,551 | |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €69,322 | €96,032 | +€26,709 | +38.5% |
| Amounts receivable within one year | 40/41 | €2,789 | €10,164 | +€7,375 | +264% |
| Trade receivables | 40 | - | €10,164 | +€10,164 | |
| Other amounts receivable | 41 | €2,789 | - | -€2,789 | |
| Cash at bank and in hand | 54/58 | €66,363 | €85,868 | +€19,505 | +29.4% |
| Deferred charges and accrued income | 490/1 | €171 | - | -€171 | |
| Total equity and liabilities | 10/49 | €74,954 | €96,112 | +€21,158 | +28.2% |
| Equity | 10/15 | €74,067 | €25,445 | -€48,622 | -65.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €6,845 | +€4,985 | +268% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €4,985 | +€4,985 | |
| Profit (loss) carried forward | 14 | €53,607 | - | -€53,607 | |
| Amounts payable | 17/49 | €887 | €70,667 | +€69,780 | +7,870% |
| Amounts payable within one year | 42/48 | €887 | €70,667 | +€69,780 | +7,870% |
| Trade debts | 44 | €390 | €180 | -€210 | -53.8% |
| Suppliers | 440/4 | €390 | €180 | -€210 | -53.8% |
| Taxes, remuneration and social security | 45 | €497 | €4,160 | +€3,664 | +737% |
| Taxes | 450/3 | €497 | €4,160 | +€3,664 | +737% |
| Other amounts payable | 47/48 | - | €66,326 | +€66,326 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,549 | €5,551 | -€2,998 | -35.1% |
| Other operating charges | 640/8 | €677 | €472 | -€205 | -30.3% |
| Gross operating margin | 9900 | -€25,656 | €12,087 | +€37,743 | |
| Operating profit (loss) | 9901 | -€34,883 | €6,064 | +€40,946 | |
| Financial charges | 65/66B | €1,660 | €321 | -€1,338 | -80.6% |
| Recurring financial charges | 65 | €1,660 | €321 | -€1,338 | -80.6% |
| Profit (loss) for the period before taxes | 9903 | -€36,542 | €5,742 | +€42,285 | |
| Income taxes | 67/77 | €237 | €757 | +€521 | +220% |
| Profit (loss) for the period | 9904 | -€36,779 | €4,985 | +€41,764 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,779 | €4,985 | +€41,764 |
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 18 October 2026 via checked.be.