« MAGALI SERGEANT »: 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.
« MAGALI SERGEANT »
Largest movements
- Cash +€14,633
up €14,633 (+33.0%), from €44,331 to €58,964
mainly Other debts (+€29,738) and Net result for the year (+€26,395)
- Tangible fixed assets -€5,228
down €5,228 (-71.5%), from €7,310 to €2,082
of which Furniture and vehicles: -€5,168
- Receivables within one year -€3,638
down €3,638 (-92.4%), from €3,939 to €301
- Deferred charges and accrued income +€2,406
up €2,406 (+32.9%), from €7,305 to €9,711
- Intangible fixed assets -€1,000
down €1,000 (-16.1%), from €6,197 to €5,197
- Other debts +€29,738
up €29,738 (+180.3%), from €16,493 to €46,230
- Profit (loss) carried forward -€20,855
down €20,855 (-59.8%), from €34,872 to €14,018
- Current portion of long-term debt -€5,028
down €5,028 (-74.8%), from €6,718 to €1,690
- Tax, wage and social debts +€4,838
up €4,838 (+92.1%), from €5,250 to €10,088
- Debts after one year -€1,690
no longer reported in 2025 (was €1,690)
- Depreciation -€742
down €742 (-10.6%), from €6,970 to €6,228
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 | €69,081 | €76,254 | +€7,174 | +10.4% |
| Fixed assets | 21/28 | €13,506 | €7,279 | -€6,228 | -46.1% |
| Intangible fixed assets | 21 | €6,197 | €5,197 | -€1,000 | -16.1% |
| Tangible fixed assets | 22/27 | €7,310 | €2,082 | -€5,228 | -71.5% |
| Plant, machinery and equipment | 23 | €972 | €912 | -€60 | -6.2% |
| Furniture and vehicles | 24 | €6,338 | €1,170 | -€5,168 | -81.5% |
| Current assets | 29/58 | €55,575 | €68,976 | +€13,401 | +24.1% |
| Amounts receivable within one year | 40/41 | €3,939 | €301 | -€3,638 | -92.4% |
| Other amounts receivable | 41 | €3,939 | €301 | -€3,638 | -92.4% |
| Cash at bank and in hand | 54/58 | €44,331 | €58,964 | +€14,633 | +33.0% |
| Deferred charges and accrued income | 490/1 | €7,305 | €9,711 | +€2,406 | +32.9% |
| Total equity and liabilities | 10/49 | €69,081 | €76,254 | +€7,174 | +10.4% |
| Equity | 10/15 | €37,872 | €17,018 | -€20,855 | -55.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,872 | €14,018 | -€20,855 | -59.8% |
| Amounts payable | 17/49 | €31,208 | €59,237 | +€28,028 | +89.8% |
| Amounts payable after more than one year | 17 | €1,690 | - | -€1,690 | |
| Financial debts | 170/4 | €1,690 | - | -€1,690 | |
| Amounts payable within one year | 42/48 | €29,518 | €59,237 | +€29,719 | +100.7% |
| Current portion of amounts payable after more than one year | 42 | €6,718 | €1,690 | -€5,028 | -74.8% |
| Trade debts | 44 | €1,057 | €1,229 | +€172 | +16.2% |
| Suppliers | 440/4 | €1,057 | €1,229 | +€172 | +16.2% |
| Taxes, remuneration and social security | 45 | €5,250 | €10,088 | +€4,838 | +92.1% |
| Taxes | 450/3 | €5,250 | €10,088 | +€4,838 | +92.1% |
| Other amounts payable | 47/48 | €16,493 | €46,230 | +€29,738 | +180.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,970 | €6,228 | -€742 | -10.6% |
| Other operating charges | 640/8 | €564 | €582 | +€18 | +3.3% |
| Gross operating margin | 9900 | €40,805 | €41,029 | +€224 | +0.5% |
| Operating profit (loss) | 9901 | €33,272 | €34,219 | +€947 | +2.8% |
| Financial income | 75/76B | €3 | €3 | = | 0.0% |
| Recurring financial income | 75 | €3 | €3 | = | 0.0% |
| Financial charges | 65/66B | €223 | €139 | -€84 | -37.7% |
| Recurring financial charges | 65 | €223 | €139 | -€84 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €33,052 | €34,083 | +€1,032 | +3.1% |
| Income taxes | 67/77 | €7,444 | €7,688 | +€244 | +3.3% |
| Profit (loss) for the period | 9904 | €25,608 | €26,395 | +€788 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,608 | €26,395 | +€788 | +3.1% |
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 7 October 2026 via checked.be.