I - MAGINE: 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.
I - MAGINE
Largest movements
- Current investments -€198,654
no longer reported in 2025 (was €198,654)
- Cash +€139,882
up €139,882 (+4878.5%), from €2,867 to €142,749
mainly Current investments (+€198,654)
- Receivables within one year +€45,342
up €45,342 (+3363.2%), from €1,348 to €46,691
of which Other amounts receivable: +€44,858
- Profit (loss) carried forward -€13,125
down €13,125 (-13.9%), from €94,364 to €81,239
- Financial income -€22,866
no longer reported in 2025 (was €22,866)
- Financial charges +€7,886
new in 2025: €7,886
of which Financial charges: +€7,886
- Gross operating margin -€4,015
down €4,015 (-346.2%), from -€1,160 to -€5,175
- Depreciation -€849
no longer reported in 2025 (was €849)
- Taxes -€337
no longer reported in 2025 (was €337)
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.
Cash bridge derived
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 | €202,870 | €189,440 | -€13,430 | -6.6% |
| Current assets | 29/58 | €202,870 | €189,440 | -€13,430 | -6.6% |
| Amounts receivable within one year | 40/41 | €1,348 | €46,691 | +€45,342 | +3363.2% |
| Trade receivables | 40 | - | €484 | +€484 | |
| Other amounts receivable | 41 | €1,348 | €46,207 | +€44,858 | +3327.3% |
| Current investments | 50/53 | €198,654 | - | -€198,654 | |
| Cash at bank and in hand | 54/58 | €2,867 | €142,749 | +€139,882 | +4878.5% |
| Total equity and liabilities | 10/49 | €202,870 | €189,440 | -€13,430 | -6.6% |
| Equity | 10/15 | €202,554 | €189,429 | -€13,125 | -6.5% |
| Contributions | 10/11 | €106,300 | €106,300 | = | 0.0% |
| Reserves | 13 | €1,890 | €1,890 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,890 | €1,890 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,890 | €1,890 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,364 | €81,239 | -€13,125 | -13.9% |
| Amounts payable | 17/49 | €316 | €11 | -€306 | -96.6% |
| Amounts payable within one year | 42/48 | €316 | €11 | -€306 | -96.6% |
| Taxes, remuneration and social security | 45 | €11 | €11 | = | 0.0% |
| Taxes | 450/3 | €11 | €11 | = | 0.0% |
| Other amounts payable | 47/48 | €306 | - | -€306 | |
| Non-recurring operating income | 76A | - | €176 | +€176 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €849 | - | -€849 | |
| Other operating charges | 640/8 | €106 | €65 | -€42 | -39.1% |
| Gross operating margin | 9900 | -€1,160 | -€5,175 | -€4,015 | -346.2% |
| Operating profit (loss) | 9901 | -€2,115 | -€5,239 | -€3,124 | -147.7% |
| Financial income | 75/76B | €22,866 | - | -€22,866 | |
| Recurring financial income | 75 | €22,866 | - | -€22,866 | |
| Financial charges | 65/66B | - | €7,886 | +€7,886 | |
| Recurring financial charges | 65 | - | €7,886 | +€7,886 | |
| Non-recurring financial charges | 66B | - | €7,886 | +€7,886 | |
| Profit (loss) for the period before taxes | 9903 | €20,751 | -€13,125 | -€33,876 | |
| Income taxes | 67/77 | €337 | - | -€337 | |
| Profit (loss) for the period | 9904 | €20,414 | -€13,125 | -€33,538 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,414 | -€13,125 | -€33,538 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.