BLUE MAGMA: what changed
BLUE MAGMA
Largest movements
- Receivables within one year +€5,254
up €5,254 (+367%), from €1,433 to €6,687
of which Trade receivables: +€6,274
- Stocks and contracts -€760
no longer reported in 2026 (was €760)
- Tangible fixed assets -€514
no longer reported in 2026 (was €514)
- Cash +€403
new in 2026: €403
mainly Net result for the year (+€2,981) and Trade debts (+€1,021)
- Profit (loss) carried forward +€2,981
up €2,981 (+16.1%), from -€18,507 to -€15,527
- Trade debts +€1,021
up €1,021 (+204%), from €500 to €1,522
- Tax, wage and social debts +€532
up €532 (+271%), from €197 to €729
- Short-term financial debts -€299
no longer reported in 2026 (was €299)
- Other debts +€155
up €155 (+1.1%), from €13,774 to €13,929
- Gross operating margin +€5,122
up €5,122, from -€511 to €4,611
- Other operating charges +€728
up €728 (+1,618%), from €45 to €773
- Depreciation -€367
down €367 (-41.7%), from €881 to €514
- Write-downs -€340
no longer reported in 2026 (was €340)
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,963 | €7,353 | +€4,390 | +148% |
| Fixed assets | 21/28 | €514 | - | -€514 | |
| Tangible fixed assets | 22/27 | €514 | - | -€514 | |
| Furniture and vehicles | 24 | €514 | - | -€514 | |
| Current assets | 29/58 | €2,449 | €7,353 | +€4,904 | +200% |
| Stocks and contracts in progress | 3 | €760 | - | -€760 | |
| Stocks | 30/36 | €760 | - | -€760 | |
| Amounts receivable within one year | 40/41 | €1,433 | €6,687 | +€5,254 | +367% |
| Trade receivables | 40 | €413 | €6,687 | +€6,274 | +1,518% |
| Other amounts receivable | 41 | €1,020 | - | -€1,020 | |
| Cash at bank and in hand | 54/58 | - | €403 | +€403 | |
| Deferred charges and accrued income | 490/1 | €256 | €263 | +€7 | +2.9% |
| Total equity and liabilities | 10/49 | €2,963 | €7,353 | +€4,390 | +148% |
| Equity | 10/15 | -€12,307 | -€9,327 | +€2,981 | +24.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,507 | -€15,527 | +€2,981 | +16.1% |
| Amounts payable | 17/49 | €15,270 | €16,680 | +€1,409 | +9.2% |
| Amounts payable within one year | 42/48 | €15,270 | €16,680 | +€1,409 | +9.2% |
| Financial debts | 43 | €299 | - | -€299 | |
| Credit institutions | 430/8 | €299 | - | -€299 | |
| Trade debts | 44 | €500 | €1,522 | +€1,021 | +204% |
| Suppliers | 440/4 | €500 | €1,522 | +€1,021 | +204% |
| Advances received on contracts in progress | 46 | €500 | €500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €197 | €729 | +€532 | +271% |
| Taxes | 450/3 | €197 | €729 | +€532 | +271% |
| Other amounts payable | 47/48 | €13,774 | €13,929 | +€155 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €881 | €514 | -€367 | -41.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €340 | - | -€340 | |
| Other operating charges | 640/8 | €45 | €773 | +€728 | +1,618% |
| Gross operating margin | 9900 | -€511 | €4,611 | +€5,122 | |
| Operating profit (loss) | 9901 | -€1,777 | €3,324 | +€5,101 | |
| Financial charges | 65/66B | €175 | €162 | -€12 | -7.1% |
| Recurring financial charges | 65 | €175 | €162 | -€12 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,952 | €3,161 | +€5,113 | |
| Income taxes | 67/77 | €197 | €180 | -€16 | -8.3% |
| Profit (loss) for the period | 9904 | -€2,149 | €2,981 | +€5,129 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,149 | €2,981 | +€5,129 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.