MAG FUSION: 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 FUSION
Largest movements
- Stocks and contracts -€4,894
no longer reported in 2025 (was €4,894)
- Cash -€4,774
down €4,774 (-81.5%), from €5,857 to €1,084
- Financial fixed assets -€1,390
no longer reported in 2025 (was €1,390)
- Receivables within one year -€628
no longer reported in 2025 (was €628)
- Profit (loss) carried forward -€23,455
down €23,455 (-419%), from -€5,601 to -€29,056
- Other debts +€11,410
up €11,410 (+104%), from €11,000 to €22,410
- Tax, wage and social debts +€230
new in 2025: €230
- Gross operating margin +€5,087
no longer reported in 2025 (was -€5,087)
- Purchases and services -€5,087
no longer reported in 2025 (was €5,087)
- Other operating charges -€348
no longer reported in 2025 (was €348)
- Financial charges -€80
down €80 (-47.9%), from €167 to €87
From the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,899 | €1,084 | -€11,815 | -91.6% |
| Fixed assets | 21/28 | €1,390 | - | -€1,390 | |
| Financial fixed assets | 28 | €1,390 | - | -€1,390 | |
| Current assets | 29/58 | €11,509 | €1,084 | -€10,425 | -90.6% |
| Stocks and contracts in progress | 3 | €4,894 | - | -€4,894 | |
| Stocks | 30/36 | €4,894 | - | -€4,894 | |
| Amounts receivable within one year | 40/41 | €628 | - | -€628 | |
| Trade receivables | 40 | €628 | - | -€628 | |
| Cash at bank and in hand | 54/58 | €5,857 | €1,084 | -€4,774 | -81.5% |
| Deferred charges and accrued income | 490/1 | €129 | - | -€129 | |
| Total equity and liabilities | 10/49 | €12,899 | €1,084 | -€11,815 | -91.6% |
| Equity | 10/15 | €1,899 | -€21,556 | -€23,455 | |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Capital | 10 | €7,500 | €7,500 | = | 0.0% |
| Issued capital | 100 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,601 | -€29,056 | -€23,455 | -419% |
| Amounts payable | 17/49 | €11,000 | €22,640 | +€11,640 | +106% |
| Amounts payable within one year | 42/48 | €11,000 | €22,640 | +€11,640 | +106% |
| Taxes, remuneration and social security | 45 | - | €230 | +€230 | |
| Taxes | 450/3 | - | €230 | +€230 | |
| Other amounts payable | 47/48 | €11,000 | €22,410 | +€11,410 | +104% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,087 | - | -€5,087 | |
| Other operating charges | 640/8 | €348 | - | -€348 | |
| Gross operating margin | 9900 | -€5,087 | - | +€5,087 | |
| Operating profit (loss) | 9901 | -€5,434 | - | +€5,434 | |
| Financial charges | 65/66B | €167 | €87 | -€80 | -47.9% |
| Recurring financial charges | 65 | €167 | €87 | -€80 | -47.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,601 | -€87 | +€5,514 | +98.4% |
| Profit (loss) for the period | 9904 | -€5,601 | -€87 | +€5,514 | +98.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,601 | -€87 | +€5,514 | +98.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.