MAG EVENT: 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.
MAG EVENT
Largest movements
- Tangible fixed assets -€1,092
down €1,092 (-54.4%), from €2,007 to €915
- Cash +€500
up €500 (+11.0%), from €4,534 to €5,034
mainly Depreciation (+€1,092) and Net result for the year (+€595)
- Receivables within one year -€377
down €377 (-3.3%), from €11,591 to €11,214
of which Trade receivables: -€460
- Other debts -€1,647
down €1,647 (-8.4%), from €19,663 to €18,016
- Profit (loss) carried forward +€595
up €595 (+3.8%), from -€15,730 to -€15,135
- Gross operating margin -€7,566
down €7,566 (-61.3%), from €12,345 to €4,779
- Taxes -€1,886
down €1,886 (-53.2%), from €3,546 to €1,660
- Depreciation +€349
up €349 (+47.0%), from €743 to €1,092
- Other operating charges +€335
up €335 (+33.9%), from €988 to €1,323
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 | €23,403 | €22,433 | -€970 | -4.1% |
| Fixed assets | 21/28 | €7,277 | €6,185 | -€1,092 | -15.0% |
| Tangible fixed assets | 22/27 | €2,007 | €915 | -€1,092 | -54.4% |
| Furniture and vehicles | 24 | €2,007 | €915 | -€1,092 | -54.4% |
| Financial fixed assets | 28 | €5,270 | €5,270 | = | 0.0% |
| Current assets | 29/58 | €16,126 | €16,248 | +€123 | +0.8% |
| Amounts receivable within one year | 40/41 | €11,591 | €11,214 | -€377 | -3.3% |
| Trade receivables | 40 | €3,010 | €2,550 | -€460 | -15.3% |
| Other amounts receivable | 41 | €8,581 | €8,664 | +€83 | +1.0% |
| Cash at bank and in hand | 54/58 | €4,534 | €5,034 | +€500 | +11.0% |
| Total equity and liabilities | 10/49 | €23,403 | €22,433 | -€970 | -4.1% |
| Equity | 10/15 | €3,011 | €3,606 | +€595 | +19.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €141 | €141 | = | 0.0% |
| Non-distributable reserves | 130/1 | €141 | €141 | = | 0.0% |
| Legal reserve | 130 | €141 | €141 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,730 | -€15,135 | +€595 | +3.8% |
| Amounts payable | 17/49 | €20,393 | €18,828 | -€1,565 | -7.7% |
| Amounts payable within one year | 42/48 | €20,393 | €18,828 | -€1,565 | -7.7% |
| Trade debts | 44 | €730 | €812 | +€82 | +11.2% |
| Suppliers | 440/4 | €730 | €812 | +€82 | +11.2% |
| Other amounts payable | 47/48 | €19,663 | €18,016 | -€1,647 | -8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €743 | €1,092 | +€349 | +47.0% |
| Other operating charges | 640/8 | €988 | €1,323 | +€335 | +33.9% |
| Gross operating margin | 9900 | €12,345 | €4,779 | -€7,566 | -61.3% |
| Operating profit (loss) | 9901 | €10,614 | €2,364 | -€8,250 | -77.7% |
| Financial charges | 65/66B | €138 | €109 | -€30 | -21.4% |
| Recurring financial charges | 65 | €138 | €109 | -€30 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €10,475 | €2,255 | -€8,220 | -78.5% |
| Income taxes | 67/77 | €3,546 | €1,660 | -€1,886 | -53.2% |
| Profit (loss) for the period | 9904 | €6,929 | €595 | -€6,334 | -91.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,929 | €595 | -€6,334 | -91.4% |
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 12 October 2026 via checked.be.