MG SOFTWARE: 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.
MG SOFTWARE
Largest movements
- Cash -€30,924
down €30,924 (-26.3%), from €117,544 to €86,620
mainly Contributions, distributions and other (-€41,063) and Receivables within one year (-€5,067)
- Receivables within one year +€5,067
up €5,067 (+20.7%), from €24,476 to €29,543
- Profit (loss) carried forward -€33,823
no longer reported in 2025 (was €33,823)
- Tax, wage and social debts +€6,556
up €6,556 (+24.4%), from €26,921 to €33,477
of which Remuneration and social security: +€4,460
- Other debts +€3,027
up €3,027 (+7.9%), from €38,356 to €41,383
- Gross operating margin -€17,900
down €17,900 (-31.5%), from €56,903 to €39,003
- Staff costs +€13,833
up €13,833 (+128%), from €10,780 to €24,612
- Taxes -€7,288
down €7,288 (-66.6%), from €10,940 to €3,651
- Other operating charges +€1,325
up €1,325 (+154%), from €860 to €2,185
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 | €146,995 | €122,860 | -€24,136 | -16.4% |
| Fixed assets | 21/28 | €4,871 | €6,117 | +€1,246 | +25.6% |
| Tangible fixed assets | 22/27 | €4,871 | €6,117 | +€1,246 | +25.6% |
| Furniture and vehicles | 24 | - | €1,991 | +€1,991 | |
| Other tangible fixed assets | 26 | €4,871 | €4,126 | -€745 | -15.3% |
| Current assets | 29/58 | €142,124 | €116,743 | -€25,381 | -17.9% |
| Amounts receivable within one year | 40/41 | €24,476 | €29,543 | +€5,067 | +20.7% |
| Trade receivables | 40 | €24,476 | €29,543 | +€5,067 | +20.7% |
| Cash at bank and in hand | 54/58 | €117,544 | €86,620 | -€30,924 | -26.3% |
| Deferred charges and accrued income | 490/1 | €104 | €580 | +€476 | +457% |
| Total equity and liabilities | 10/49 | €146,995 | €122,860 | -€24,136 | -16.4% |
| Equity | 10/15 | €81,323 | €47,500 | -€33,823 | -41.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €42,500 | €42,500 | = | 0.0% |
| Distributable reserves | 133 | €42,500 | €42,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,823 | - | -€33,823 | |
| Amounts payable | 17/49 | €65,672 | €75,360 | +€9,688 | +14.8% |
| Amounts payable within one year | 42/48 | €65,672 | €75,360 | +€9,688 | +14.8% |
| Trade debts | 44 | €396 | €500 | +€105 | +26.5% |
| Suppliers | 440/4 | €396 | €500 | +€105 | +26.5% |
| Taxes, remuneration and social security | 45 | €26,921 | €33,477 | +€6,556 | +24.4% |
| Taxes | 450/3 | €22,872 | €24,968 | +€2,096 | +9.2% |
| Remuneration and social security | 454/9 | €4,048 | €8,508 | +€4,460 | +110% |
| Other amounts payable | 47/48 | €38,356 | €41,383 | +€3,027 | +7.9% |
| Remuneration, social security and pensions | 62 | €10,780 | €24,612 | +€13,833 | +128% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €745 | €1,121 | +€376 | +50.5% |
| Other operating charges | 640/8 | €860 | €2,185 | +€1,325 | +154% |
| Gross operating margin | 9900 | €56,903 | €39,003 | -€17,900 | -31.5% |
| Operating profit (loss) | 9901 | €44,519 | €11,084 | -€33,434 | -75.1% |
| Financial income | 75/76B | €0 | €30 | +€30 | +9,950% |
| Recurring financial income | 75 | €0 | €30 | +€30 | +9,950% |
| Financial charges | 65/66B | €247 | €223 | -€24 | -9.7% |
| Recurring financial charges | 65 | €247 | €223 | -€24 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €44,272 | €10,891 | -€33,381 | -75.4% |
| Income taxes | 67/77 | €10,940 | €3,651 | -€7,288 | -66.6% |
| Profit (loss) for the period | 9904 | €33,332 | €7,240 | -€26,092 | -78.3% |
| Profit (loss) for the period to be appropriated | 9905 | €33,332 | €7,240 | -€26,092 | -78.3% |
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 26 October 2026 via checked.be.