MaGe: 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.
MaGe
Largest movements
- Receivables within one year +€33,373
up €33,373 (+132%), from €25,349 to €58,722
of which Trade receivables: +€20,038
- Tangible fixed assets -€15,433
down €15,433 (-32.4%), from €47,650 to €32,217
of which Furniture and vehicles: -€13,206
- Deferred charges and accrued income +€1,011
up €1,011 (+115%), from €878 to €1,889
- Trade debts +€26,498
up €26,498 (+307%), from €8,636 to €35,134
- Other debts -€5,447
down €5,447 (-100%), from €5,447 to €0
- Tax, wage and social debts +€5,195
up €5,195 (+45.3%), from €11,477 to €16,672
- Current portion of long-term debt -€4,345
down €4,345 (-35.7%), from €12,178 to €7,833
- Profit (loss) carried forward -€4,094
new in 2024: -€4,094
- Other operating charges +€7,424
up €7,424 (+851%), from €872 to €8,296
- Depreciation +€3,732
up €3,732 (+26.4%), from €14,138 to €17,870
- Taxes -€3,334
down €3,334 (-40.6%), from €8,204 to €4,870
- Financial charges +€1,823
up €1,823 (+71.9%), from €2,534 to €4,357
- Gross operating margin -€906
down €906 (-2.8%), from €32,132 to €31,227
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €74,207 | €92,828 | +€18,621 | +25.1% |
| Fixed assets | 21/28 | €47,650 | €32,217 | -€15,433 | -32.4% |
| Tangible fixed assets | 22/27 | €47,650 | €32,217 | -€15,433 | -32.4% |
| Plant, machinery and equipment | 23 | €536 | €313 | -€222 | -41.5% |
| Furniture and vehicles | 24 | €33,809 | €20,602 | -€13,206 | -39.1% |
| Other tangible fixed assets | 26 | €13,305 | €11,301 | -€2,004 | -15.1% |
| Current assets | 29/58 | €26,558 | €60,611 | +€34,053 | +128% |
| Amounts receivable within one year | 40/41 | €25,349 | €58,722 | +€33,373 | +132% |
| Trade receivables | 40 | €25,349 | €45,387 | +€20,038 | +79.0% |
| Other amounts receivable | 41 | €0 | €13,335 | +€13,335 | |
| Cash at bank and in hand | 54/58 | €331 | €0 | -€331 | -100% |
| Deferred charges and accrued income | 490/1 | €878 | €1,889 | +€1,011 | +115% |
| Total equity and liabilities | 10/49 | €74,207 | €92,828 | +€18,621 | +25.1% |
| Equity | 10/15 | €36,086 | €31,992 | -€4,094 | -11.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €29,886 | €29,886 | = | 0.0% |
| Distributable reserves | 133 | €29,886 | €29,886 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,094 | -€4,094 | |
| Amounts payable | 17/49 | €38,121 | €60,836 | +€22,714 | +59.6% |
| Amounts payable within one year | 42/48 | €37,740 | €60,454 | +€22,714 | +60.2% |
| Current portion of amounts payable after more than one year | 42 | €12,178 | €7,833 | -€4,345 | -35.7% |
| Financial debts | 43 | - | €815 | +€815 | |
| Credit institutions | 430/8 | - | €815 | +€815 | |
| Trade debts | 44 | €8,636 | €35,134 | +€26,498 | +307% |
| Suppliers | 440/4 | €8,636 | €35,134 | +€26,498 | +307% |
| Taxes, remuneration and social security | 45 | €11,477 | €16,672 | +€5,195 | +45.3% |
| Taxes | 450/3 | €11,477 | €16,672 | +€5,195 | +45.3% |
| Other amounts payable | 47/48 | €5,447 | €0 | -€5,447 | -100% |
| Accrued charges and deferred income | 492/3 | €382 | €382 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,138 | €17,870 | +€3,732 | +26.4% |
| Other operating charges | 640/8 | €872 | €8,296 | +€7,424 | +851% |
| Gross operating margin | 9900 | €32,132 | €31,227 | -€906 | -2.8% |
| Operating profit (loss) | 9901 | €17,123 | €5,060 | -€12,062 | -70.4% |
| Financial income | 75/76B | €33 | €73 | +€39 | +119% |
| Recurring financial income | 75 | €33 | €73 | +€39 | +119% |
| Financial charges | 65/66B | €2,534 | €4,357 | +€1,823 | +71.9% |
| Recurring financial charges | 65 | €2,534 | €4,357 | +€1,823 | +71.9% |
| Profit (loss) for the period before taxes | 9903 | €14,621 | €776 | -€13,846 | -94.7% |
| Income taxes | 67/77 | €8,204 | €4,870 | -€3,334 | -40.6% |
| Profit (loss) for the period | 9904 | €6,417 | -€4,094 | -€10,511 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,417 | -€4,094 | -€10,511 |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.