4MAGMA: what changed
Two fiscal 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.
4MAGMA
Largest movements
- Cash -€30,510
down €30,510 (-63.3%), from €48,213 to €17,703
- Receivables within one year +€5,230
up €5,230 (+44.4%), from €11,776 to €17,006
of which Other amounts receivable: +€17,006
- Tangible fixed assets +€2,533
up €2,533 (+277.4%), from €913 to €3,446
- Deferred charges and accrued income +€2,459
new in 2025: €2,459
- Tax, wage and social debts -€16,404
down €16,404 (-97.5%), from €16,827 to €423
- Other debts -€2,352
down €2,352 (-37.5%), from €6,267 to €3,915
- Trade debts -€1,532
no longer reported in 2025 (was €1,532)
- Gross operating margin -€34,117
down €34,117 (-92.6%), from €36,861 to €2,745
- Taxes -€9,320
down €9,320 (-95.7%), from €9,743 to €423
- Depreciation +€484
up €484 (+190.2%), from €254 to €738
- Financial income +€425
up €425 (+743.3%), from €57 to €482
- Financial charges -€395
down €395 (-22.1%), from €1,787 to €1,391
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,903 | €40,615 | -€20,288 | -33.3% |
| Fixed assets | 21/28 | €913 | €3,446 | +€2,533 | +277.4% |
| Tangible fixed assets | 22/27 | €913 | €3,446 | +€2,533 | +277.4% |
| Furniture and vehicles | 24 | €913 | €3,446 | +€2,533 | +277.4% |
| Current assets | 29/58 | €59,990 | €37,169 | -€22,821 | -38.0% |
| Amounts receivable within one year | 40/41 | €11,776 | €17,006 | +€5,230 | +44.4% |
| Trade receivables | 40 | €11,776 | - | -€11,776 | |
| Other amounts receivable | 41 | - | €17,006 | +€17,006 | |
| Cash at bank and in hand | 54/58 | €48,213 | €17,703 | -€30,510 | -63.3% |
| Deferred charges and accrued income | 490/1 | - | €2,459 | +€2,459 | |
| Total equity and liabilities | 10/49 | €60,903 | €40,615 | -€20,288 | -33.3% |
| Equity | 10/15 | €36,277 | €36,277 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €33,250 | €33,250 | = | 0.0% |
| Distributable reserves | 133 | €33,250 | €33,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27 | €27 | = | 0.0% |
| Amounts payable | 17/49 | €24,626 | €4,338 | -€20,288 | -82.4% |
| Amounts payable within one year | 42/48 | €24,626 | €4,338 | -€20,288 | -82.4% |
| Trade debts | 44 | €1,532 | - | -€1,532 | |
| Suppliers | 440/4 | €1,532 | - | -€1,532 | |
| Taxes, remuneration and social security | 45 | €16,827 | €423 | -€16,404 | -97.5% |
| Taxes | 450/3 | €16,827 | €423 | -€16,404 | -97.5% |
| Other amounts payable | 47/48 | €6,267 | €3,915 | -€2,352 | -37.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €254 | €738 | +€484 | +190.2% |
| Other operating charges | 640/8 | €1,022 | €675 | -€348 | -34.0% |
| Gross operating margin | 9900 | €36,861 | €2,745 | -€34,117 | -92.6% |
| Operating profit (loss) | 9901 | €35,584 | €1,332 | -€34,253 | -96.3% |
| Financial income | 75/76B | €57 | €482 | +€425 | +743.3% |
| Recurring financial income | 75 | €57 | €482 | +€425 | +743.3% |
| Financial charges | 65/66B | €1,787 | €1,391 | -€395 | -22.1% |
| Recurring financial charges | 65 | €1,787 | €1,391 | -€395 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €33,855 | €423 | -€33,432 | -98.8% |
| Income taxes | 67/77 | €9,743 | €423 | -€9,320 | -95.7% |
| Profit (loss) for the period | 9904 | €24,112 | - | -€24,112 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,112 | - | -€24,112 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.