MAG.INFI: 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.INFI
Largest movements
- Tangible fixed assets -€23,901
no longer reported in 2025 (was €23,901)
- Receivables within one year +€2,402
up €2,402 (+9.2%), from €26,205 to €28,607
of which Other amounts receivable: +€2,210
- Cash -€1,251
no longer reported in 2025 (was €1,251)
mainly Trade debts (-€23,880) and Tax, wage and social debts (-€6,680)
- Trade debts -€23,880
down €23,880 (-97.1%), from €24,582 to €702
- Tax, wage and social debts -€6,680
down €6,680 (-47.0%), from €14,217 to €7,537
- Profit (loss) carried forward +€5,027
up €5,027 (+110,230%), from €5 to €5,031
- Short-term financial debts +€2,960
new in 2025: €2,960
- Gross operating margin -€1,617
down €1,617 (-15.4%), from €10,523 to €8,905
- Financial charges +€643
up €643 (+296%), from €217 to €860
- Depreciation -€452
no longer reported in 2025 (was €452)
- Other operating charges +€434
new in 2025: €434
- Financial income +€175
up €175 (+16.0%), from €1,088 to €1,263
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 | €51,358 | €28,784 | -€22,574 | -44.0% |
| Fixed assets | 21/28 | €23,901 | - | -€23,901 | |
| Tangible fixed assets | 22/27 | €23,901 | - | -€23,901 | |
| Furniture and vehicles | 24 | €23,901 | - | -€23,901 | |
| Current assets | 29/58 | €27,457 | €28,784 | +€1,327 | +4.8% |
| Amounts receivable within one year | 40/41 | €26,205 | €28,607 | +€2,402 | +9.2% |
| Trade receivables | 40 | €5,549 | €5,741 | +€192 | +3.5% |
| Other amounts receivable | 41 | €20,657 | €22,866 | +€2,210 | +10.7% |
| Cash at bank and in hand | 54/58 | €1,251 | - | -€1,251 | |
| Deferred charges and accrued income | 490/1 | - | €177 | +€177 | |
| Total equity and liabilities | 10/49 | €51,358 | €28,784 | -€22,574 | -44.0% |
| Equity | 10/15 | €12,559 | €17,585 | +€5,027 | +40.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €7,554 | €7,554 | = | 0.0% |
| Distributable reserves | 133 | €7,554 | €7,554 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5 | €5,031 | +€5,027 | +110,230% |
| Amounts payable | 17/49 | €38,799 | €11,199 | -€27,600 | -71.1% |
| Amounts payable within one year | 42/48 | €38,799 | €11,199 | -€27,600 | -71.1% |
| Financial debts | 43 | - | €2,960 | +€2,960 | |
| Credit institutions | 430/8 | - | €2,960 | +€2,960 | |
| Trade debts | 44 | €24,582 | €702 | -€23,880 | -97.1% |
| Suppliers | 440/4 | €24,582 | €702 | -€23,880 | -97.1% |
| Taxes, remuneration and social security | 45 | €14,217 | €7,537 | -€6,680 | -47.0% |
| Taxes | 450/3 | €14,217 | €7,537 | -€6,680 | -47.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €452 | - | -€452 | |
| Other operating charges | 640/8 | - | €434 | +€434 | |
| Non-recurring operating charges | 66A | - | €573 | +€573 | |
| Gross operating margin | 9900 | €10,523 | €8,905 | -€1,617 | -15.4% |
| Operating profit (loss) | 9901 | €10,071 | €7,898 | -€2,173 | -21.6% |
| Financial income | 75/76B | €1,088 | €1,263 | +€175 | +16.0% |
| Recurring financial income | 75 | €1,088 | €1,263 | +€175 | +16.0% |
| Financial charges | 65/66B | €217 | €860 | +€643 | +296% |
| Recurring financial charges | 65 | €217 | €860 | +€643 | +296% |
| Profit (loss) for the period before taxes | 9903 | €10,942 | €8,300 | -€2,642 | -24.1% |
| Income taxes | 67/77 | €3,388 | €3,274 | -€114 | -3.4% |
| Profit (loss) for the period | 9904 | €7,554 | €5,027 | -€2,528 | -33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,554 | €5,027 | -€2,528 | -33.5% |
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 28 October 2026 via checked.be.