MAGENTA: 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.
MAGENTA
Largest movements
- Stocks and contracts -€116,147
no longer reported in 2025 (was €116,147)
- Receivables within one year -€66,136
down €66,136 (-68.8%), from €96,136 to €30,000
- Short-term financial debts -€62,000
no longer reported in 2025 (was €62,000)
- Other debts -€60,612
no longer reported in 2025 (was €60,612)
- Reserves -€52,625
down €52,625 (-99.7%), from €52,807 to €182
of which Distributable reserves: -€31,575
- Profit (loss) carried forward -€7,460
down €7,460 (-81.8%), from €9,117 to €1,657
- Gross operating margin +€24,355
up €24,355, from -€14,435 to €9,920
- Financial charges +€985
up €985 (+47.0%), from €2,097 to €3,081
- Financial income -€519
no longer reported in 2025 (was €519)
- Other operating charges -€304
down €304 (-28.6%), from €1,063 to €758
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 | €218,491 | €36,686 | -€181,805 | -83.2% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €218,491 | €36,686 | -€181,805 | -83.2% |
| Stocks and contracts in progress | 3 | €116,147 | - | -€116,147 | |
| Stocks | 30/36 | €116,147 | - | -€116,147 | |
| Amounts receivable within one year | 40/41 | €96,136 | €30,000 | -€66,136 | -68.8% |
| Other amounts receivable | 41 | €96,136 | €30,000 | -€66,136 | -68.8% |
| Cash at bank and in hand | 54/58 | €5,495 | €5,926 | +€431 | +7.8% |
| Deferred charges and accrued income | 490/1 | €713 | €760 | +€47 | +6.6% |
| Total equity and liabilities | 10/49 | €218,491 | €36,686 | -€181,805 | -83.2% |
| Equity | 10/15 | €91,924 | €31,839 | -€60,085 | -65.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €52,807 | €182 | -€52,625 | -99.7% |
| Tax-exempt reserves | 132 | €21,232 | €182 | -€21,050 | -99.1% |
| Distributable reserves | 133 | €31,575 | - | -€31,575 | |
| Profit (loss) carried forward | 14 | €9,117 | €1,657 | -€7,460 | -81.8% |
| Amounts payable | 17/49 | €126,567 | €4,847 | -€121,719 | -96.2% |
| Amounts payable within one year | 42/48 | €126,567 | €4,847 | -€121,719 | -96.2% |
| Financial debts | 43 | €62,000 | - | -€62,000 | |
| Credit institutions | 430/8 | €62,000 | - | -€62,000 | |
| Trade debts | 44 | €3,955 | €4,847 | +€892 | +22.6% |
| Suppliers | 440/4 | €3,955 | €4,847 | +€892 | +22.6% |
| Other amounts payable | 47/48 | €60,612 | - | -€60,612 | |
| Other operating charges | 640/8 | €1,063 | €758 | -€304 | -28.6% |
| Gross operating margin | 9900 | -€14,435 | €9,920 | +€24,355 | |
| Operating profit (loss) | 9901 | -€15,497 | €9,162 | +€24,659 | |
| Financial income | 75/76B | €519 | - | -€519 | |
| Recurring financial income | 75 | €519 | - | -€519 | |
| Financial charges | 65/66B | €2,097 | €3,081 | +€985 | +47.0% |
| Recurring financial charges | 65 | €2,097 | €3,081 | +€985 | +47.0% |
| Profit (loss) for the period before taxes | 9903 | -€17,074 | €6,081 | +€23,155 | |
| Profit (loss) for the period | 9904 | -€17,074 | €6,081 | +€23,155 | |
| Transfer from tax-exempt reserves | 789 | €31,575 | €21,050 | -€10,525 | -33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,501 | €27,131 | +€12,630 | +87.1% |
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 14 October 2026 via checked.be.