CHEZ MAGDA: 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.
CHEZ MAGDA
Largest movements
- Cash +€46,645
up €46,645 (+391%), from €11,940 to €58,586
mainly Tax, wage and social debts (+€27,723) and Trade debts (+€19,472)
- Receivables within one year +€20,842
up €20,842 (+169%), from €12,363 to €33,205
of which Other amounts receivable: +€20,275
- Deferred charges and accrued income -€3,387
no longer reported in 2025 (was €3,387)
- Tangible fixed assets -€1,999
down €1,999 (-2.6%), from €78,055 to €76,056
of which Furniture and vehicles: -€1,999
- Tax, wage and social debts +€27,723
up €27,723 (+292%), from €9,510 to €37,233
of which Taxes: +€23,221
- Trade debts +€19,472
up €19,472 (+100%), from €19,422 to €38,894
- Debts after one year +€17,212
up €17,212 (+191%), from €9,016 to €26,228
- Current portion of long-term debt -€4,176
down €4,176 (-78.9%), from €5,292 to €1,116
- Profit (loss) carried forward +€2,089
up €2,089 (+4.1%), from €51,188 to €53,277
- Purchases and services -€38,672
down €38,672 (-22.1%), from €175,371 to €136,699
- Gross operating margin -€35,258
down €35,258 (-39.3%), from €89,621 to €54,362
- Turnover +€27,517
up €27,517 (+16.9%), from €162,352 to €189,869
- Staff costs +€26,158
up €26,158 (+134%), from €19,510 to €45,669
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 | €116,427 | €178,748 | +€62,321 | +53.5% |
| Fixed assets | 21/28 | €85,112 | €83,113 | -€1,999 | -2.3% |
| Tangible fixed assets | 22/27 | €78,055 | €76,056 | -€1,999 | -2.6% |
| Plant, machinery and equipment | 23 | €32,485 | €32,485 | = | 0.0% |
| Furniture and vehicles | 24 | €1,999 | - | -€1,999 | |
| Other tangible fixed assets | 26 | €43,571 | €43,571 | = | 0.0% |
| Financial fixed assets | 28 | €7,057 | €7,057 | = | 0.0% |
| Current assets | 29/58 | €31,316 | €95,635 | +€64,320 | +205% |
| Stocks and contracts in progress | 3 | €3,626 | €3,845 | +€219 | +6.0% |
| Stocks | 30/36 | €3,626 | €3,845 | +€219 | +6.0% |
| Amounts receivable within one year | 40/41 | €12,363 | €33,205 | +€20,842 | +169% |
| Trade receivables | 40 | €421 | €987 | +€567 | +135% |
| Other amounts receivable | 41 | €11,942 | €32,217 | +€20,275 | +170% |
| Cash at bank and in hand | 54/58 | €11,940 | €58,586 | +€46,645 | +391% |
| Deferred charges and accrued income | 490/1 | €3,387 | - | -€3,387 | |
| Total equity and liabilities | 10/49 | €116,427 | €178,748 | +€62,321 | +53.5% |
| Equity | 10/15 | €73,188 | €75,277 | +€2,089 | +2.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,188 | €53,277 | +€2,089 | +4.1% |
| Amounts payable | 17/49 | €43,240 | €103,471 | +€60,231 | +139% |
| Amounts payable after more than one year | 17 | €9,016 | €26,228 | +€17,212 | +191% |
| Financial debts | 170/4 | €9,016 | €26,228 | +€17,212 | +191% |
| Amounts payable within one year | 42/48 | €34,224 | €77,243 | +€43,020 | +126% |
| Current portion of amounts payable after more than one year | 42 | €5,292 | €1,116 | -€4,176 | -78.9% |
| Trade debts | 44 | €19,422 | €38,894 | +€19,472 | +100% |
| Suppliers | 440/4 | €19,422 | €38,894 | +€19,472 | +100% |
| Taxes, remuneration and social security | 45 | €9,510 | €37,233 | +€27,723 | +292% |
| Taxes | 450/3 | €4,359 | €27,580 | +€23,221 | +533% |
| Remuneration and social security | 454/9 | €5,152 | €9,654 | +€4,502 | +87.4% |
| Turnover | 70 | €162,352 | €189,869 | +€27,517 | +16.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €175,371 | €136,699 | -€38,672 | -22.1% |
| Remuneration, social security and pensions | 62 | €19,510 | €45,669 | +€26,158 | +134% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,297 | €1,999 | -€1,298 | -39.4% |
| Other operating charges | 640/8 | €1,630 | €1,612 | -€18 | -1.1% |
| Non-recurring operating charges | 66A | €19,006 | - | -€19,006 | |
| Gross operating margin | 9900 | €89,621 | €54,362 | -€35,258 | -39.3% |
| Operating profit (loss) | 9901 | €46,178 | €5,083 | -€41,095 | -89.0% |
| Financial charges | 65/66B | €2,093 | €2,993 | +€900 | +43.0% |
| Recurring financial charges | 65 | €2,093 | €2,993 | +€900 | +43.0% |
| Profit (loss) for the period before taxes | 9903 | €44,085 | €2,089 | -€41,996 | -95.3% |
| Profit (loss) for the period | 9904 | €44,085 | €2,089 | -€41,996 | -95.3% |
| Profit (loss) for the period to be appropriated | 9905 | €44,085 | €2,089 | -€41,996 | -95.3% |
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 25 October 2026 via checked.be.