MPGynéco: 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.
MPGynéco
Largest movements
- Cash +€28,196
up €28,196 (+15.8%), from €178,835 to €207,031
mainly Other debts (+€137,182) and Net result for the year (+€65,848)
- Tangible fixed assets -€9,734
down €9,734 (-94.9%), from €10,255 to €521
- Deferred charges and accrued income -€6,785
down €6,785 (-35.4%), from €19,156 to €12,371
- Receivables within one year -€5,380
down €5,380 (-24.6%), from €21,910 to €16,530
of which Other amounts receivable: -€5,528
- Other debts +€137,182
up €137,182 (+280%), from €48,955 to €186,137
- Reserves -€120,289
down €120,289 (-100%), from €120,289 to €0
- Current portion of long-term debt -€8,513
down €8,513 (-100%), from €8,513 to €0
- Tax, wage and social debts -€3,000
down €3,000 (-100%), from €3,000 to €0
- Gross operating margin +€46,086
up €46,086 (+50.8%), from €90,808 to €136,894
- Taxes +€8,901
up €8,901 (+104%), from €8,589 to €17,490
- Financial charges -€6,738
down €6,738 (-14.2%), from €47,400 to €40,661
- Other operating charges +€2,233
up €2,233 (+221%), from €1,012 to €3,244
- Provisions +€1,618
up €1,618, from -€264 to €1,354
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 | €230,156 | €236,453 | +€6,297 | +2.7% |
| Fixed assets | 21/28 | €10,255 | €521 | -€9,734 | -94.9% |
| Tangible fixed assets | 22/27 | €10,255 | €521 | -€9,734 | -94.9% |
| Plant, machinery and equipment | 23 | €10,255 | €521 | -€9,734 | -94.9% |
| Current assets | 29/58 | €219,901 | €235,932 | +€16,031 | +7.3% |
| Amounts receivable within one year | 40/41 | €21,910 | €16,530 | -€5,380 | -24.6% |
| Trade receivables | 40 | - | €148 | +€148 | |
| Other amounts receivable | 41 | €21,910 | €16,382 | -€5,528 | -25.2% |
| Cash at bank and in hand | 54/58 | €178,835 | €207,031 | +€28,196 | +15.8% |
| Deferred charges and accrued income | 490/1 | €19,156 | €12,371 | -€6,785 | -35.4% |
| Total equity and liabilities | 10/49 | €230,156 | €236,453 | +€6,297 | +2.7% |
| Equity | 10/15 | €125,289 | €5,000 | -€120,289 | -96.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €120,289 | €0 | -€120,289 | -100% |
| Distributable reserves | 133 | €120,289 | €0 | -€120,289 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €42,810 | €44,164 | +€1,354 | +3.2% |
| Provisions for liabilities and charges | 160/5 | €42,810 | €44,164 | +€1,354 | +3.2% |
| Other liabilities and charges | 164/5 | €42,810 | €44,164 | +€1,354 | +3.2% |
| Amounts payable | 17/49 | €62,058 | €187,289 | +€125,232 | +202% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €61,658 | €187,289 | +€125,631 | +204% |
| Current portion of amounts payable after more than one year | 42 | €8,513 | €0 | -€8,513 | -100% |
| Trade debts | 44 | €1,190 | €1,152 | -€38 | -3.2% |
| Suppliers | 440/4 | €1,190 | €1,152 | -€38 | -3.2% |
| Taxes, remuneration and social security | 45 | €3,000 | €0 | -€3,000 | -100% |
| Taxes | 450/3 | €3,000 | €0 | -€3,000 | -100% |
| Other amounts payable | 47/48 | €48,955 | €186,137 | +€137,182 | +280% |
| Accrued charges and deferred income | 492/3 | €400 | €0 | -€400 | -100% |
| Non-recurring operating income | 76A | - | €16,426 | +€16,426 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,403 | €9,734 | -€668 | -6.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€264 | €1,354 | +€1,618 | |
| Other operating charges | 640/8 | €1,012 | €3,244 | +€2,233 | +221% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €90,808 | €136,894 | +€46,086 | +50.8% |
| Operating profit (loss) | 9901 | €79,657 | €122,561 | +€42,904 | +53.9% |
| Financial income | 75/76B | €1,751 | €1,438 | -€312 | -17.8% |
| Recurring financial income | 75 | €1,751 | €1,438 | -€312 | -17.8% |
| Financial charges | 65/66B | €47,400 | €40,661 | -€6,738 | -14.2% |
| Recurring financial charges | 65 | €47,400 | €40,661 | -€6,738 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €34,008 | €83,338 | +€49,330 | +145% |
| Income taxes | 67/77 | €8,589 | €17,490 | +€8,901 | +104% |
| Profit (loss) for the period | 9904 | €25,419 | €65,848 | +€40,429 | +159% |
| Profit (loss) for the period to be appropriated | 9905 | €25,419 | €65,848 | +€40,429 | +159% |
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 25 October 2026 via checked.be.