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MAGE Solutions: 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.

What changed

MAGE Solutions

BE 0502.985.976
NACE 47.529, Retail trade
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€768
2023 · -€1,789+€1,021
Equity
-€4,888
2023 · -€4,120-€768
Cash
€60
2023 · €1,246-€1,186
Balance sheet total
€60
2023 · €1,246-€1,186

Largest movements

2023 to 2024
Assets
  • Cash -€1,186

    down €1,186 (-95.2%), from €1,246 to €60

    mainly Trade debts (-€1,114) and Net result for the year (-€768)

Equity and liabilities
  • Trade debts -€1,114

    down €1,114 (-68.2%), from €1,634 to €519

  • Profit (loss) carried forward -€768

    down €768 (-5.5%), from -€13,980 to -€14,748

  • Other debts +€696

    up €696 (+18.6%), from €3,733 to €4,428

Income statement
  • Gross operating margin +€934

    up €934 (+55.0%), from -€1,697 to -€763

  • Financial charges -€60

    down €60 (-92.6%), from €65 to €5

  • Other operating charges -€27

    no longer reported in 2024 (was €27)

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€1,789
Gross operating margin +€934
Other operating charges +€27
Financial charges +€60
Result 2024 -€768

Cash bridge derived

cash 2023 to 2024

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.

From operations -€1,186
Investment €0
Financing €0
Cash 2023 €1,246
Net result for the year -€768
Trade debts -€1,114
Other debts +€696
Cash 2024 €60
Every line side by side 23 lines
Line Code 2023 2024 Change %
Total assets 20/58 €1,246 €60 -€1,186 -95.2%
Current assets 29/58 €1,246 €60 -€1,186 -95.2%
Cash at bank and in hand 54/58 €1,246 €60 -€1,186 -95.2%
Total equity and liabilities 10/49 €1,246 €60 -€1,186 -95.2%
Equity 10/15 -€4,120 -€4,888 -€768 -18.6%
Contributions 10/11 €8,000 €8,000 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 -€13,980 -€14,748 -€768 -5.5%
Amounts payable 17/49 €5,366 €4,947 -€419 -7.8%
Amounts payable within one year 42/48 €5,366 €4,947 -€419 -7.8%
Trade debts 44 €1,634 €519 -€1,114 -68.2%
Suppliers 440/4 €1,634 €519 -€1,114 -68.2%
Other amounts payable 47/48 €3,733 €4,428 +€696 +18.6%
Other operating charges 640/8 €27 - -€27
Gross operating margin 9900 -€1,697 -€763 +€934 +55.0%
Operating profit (loss) 9901 -€1,724 -€763 +€961 +55.7%
Financial charges 65/66B €65 €5 -€60 -92.6%
Recurring financial charges 65 €65 €5 -€60 -92.6%
Profit (loss) for the period before taxes 9903 -€1,789 -€768 +€1,021 +57.1%
Profit (loss) for the period 9904 -€1,789 -€768 +€1,021 +57.1%
Profit (loss) for the period to be appropriated 9905 -€1,789 -€768 +€1,021 +57.1%

Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.