MAGASIN CHRIS: 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.
MAGASIN CHRIS
Largest movements
- Stocks and contracts -€4,326
down €4,326 (-25.5%), from €16,987 to €12,661
- Tangible fixed assets -€2,635
down €2,635 (-26.0%), from €10,146 to €7,511
- Cash +€2,352
up €2,352 (+52.3%), from €4,492 to €6,844
mainly Trade debts (+€19,276) and Stocks and contracts (+€4,326)
- Receivables within one year -€626
no longer reported in 2025 (was €626)
- Trade debts +€19,276
up €19,276 (+60.2%), from €32,016 to €51,292
- Profit (loss) carried forward -€18,050
down €18,050 (-111%), from -€16,221 to -€34,270
- Other debts -€6,770
down €6,770 (-56.6%), from €11,969 to €5,199
- Tax, wage and social debts +€391
up €391 (+15.7%), from €2,488 to €2,879
of which Taxes: +€1,735
- Depreciation +€640
up €640 (+32.1%), from €1,994 to €2,635
- Financial charges +€525
up €525 (+76.9%), from €683 to €1,208
- Gross operating margin -€437
down €437 (-3.2%), from -€13,544 to -€13,981
- Other operating charges +€240
new in 2025: €240
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 | €32,252 | €27,098 | -€5,153 | -16.0% |
| Fixed assets | 21/28 | €10,146 | €7,511 | -€2,635 | -26.0% |
| Tangible fixed assets | 22/27 | €10,146 | €7,511 | -€2,635 | -26.0% |
| Plant, machinery and equipment | 23 | €10,146 | €7,511 | -€2,635 | -26.0% |
| Current assets | 29/58 | €22,106 | €19,587 | -€2,519 | -11.4% |
| Stocks and contracts in progress | 3 | €16,987 | €12,661 | -€4,326 | -25.5% |
| Stocks | 30/36 | €16,987 | €12,661 | -€4,326 | -25.5% |
| Amounts receivable within one year | 40/41 | €626 | - | -€626 | |
| Trade receivables | 40 | €626 | - | -€626 | |
| Cash at bank and in hand | 54/58 | €4,492 | €6,844 | +€2,352 | +52.3% |
| Deferred charges and accrued income | 490/1 | - | €82 | +€82 | |
| Total equity and liabilities | 10/49 | €32,252 | €27,098 | -€5,153 | -16.0% |
| Equity | 10/15 | -€14,221 | -€32,270 | -€18,050 | -127% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,221 | -€34,270 | -€18,050 | -111% |
| Amounts payable | 17/49 | €46,473 | €59,369 | +€12,896 | +27.8% |
| Amounts payable within one year | 42/48 | €46,473 | €59,369 | +€12,896 | +27.8% |
| Trade debts | 44 | €32,016 | €51,292 | +€19,276 | +60.2% |
| Suppliers | 440/4 | €32,016 | €51,292 | +€19,276 | +60.2% |
| Taxes, remuneration and social security | 45 | €2,488 | €2,879 | +€391 | +15.7% |
| Taxes | 450/3 | €1,143 | €2,879 | +€1,735 | +152% |
| Remuneration and social security | 454/9 | €1,345 | - | -€1,345 | |
| Other amounts payable | 47/48 | €11,969 | €5,199 | -€6,770 | -56.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,994 | €2,635 | +€640 | +32.1% |
| Other operating charges | 640/8 | - | €240 | +€240 | |
| Gross operating margin | 9900 | -€13,544 | -€13,981 | -€437 | -3.2% |
| Operating profit (loss) | 9901 | -€15,538 | -€16,855 | -€1,317 | -8.5% |
| Financial income | 75/76B | €0 | €14 | +€14 | +2,965% |
| Recurring financial income | 75 | €0 | €14 | +€14 | +2,965% |
| Financial charges | 65/66B | €683 | €1,208 | +€525 | +76.9% |
| Recurring financial charges | 65 | €683 | €1,208 | +€525 | +76.9% |
| Profit (loss) for the period before taxes | 9903 | -€16,221 | -€18,050 | -€1,829 | -11.3% |
| Profit (loss) for the period | 9904 | -€16,221 | -€18,050 | -€1,829 | -11.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,221 | -€18,050 | -€1,829 | -11.3% |
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 26 October 2026 via checked.be.