MAGEPROTEC: 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.
MAGEPROTEC
Largest movements
- Receivables within one year -€12,044
down €12,044 (-29.6%), from €40,743 to €28,699
of which Trade receivables: -€18,049
- Current investments +€5,013
new in 2025: €5,013
- Deferred charges and accrued income -€3,561
down €3,561 (-31.3%), from €11,394 to €7,833
- Tangible fixed assets -€2,750
down €2,750 (-47.8%), from €5,750 to €3,000
- Profit (loss) carried forward -€15,159
down €15,159 (-92.6%), from -€16,375 to -€31,534
- Tax, wage and social debts +€14,143
up €14,143 (+124.5%), from €11,359 to €25,502
of which Taxes: +€9,903
- Trade debts -€13,296
down €13,296 (-42.2%), from €31,515 to €18,219
- Advances received +€5,500
up €5,500, from €0 to €5,500
- Current portion of long-term debt -€3,331
down €3,331 (-48.8%), from €6,830 to €3,499
- Turnover -€255,203
no longer reported in 2025 (was €255,203)
- Purchases and services -€141,327
no longer reported in 2025 (was €141,327)
- Gross operating margin -€17,131
down €17,131 (-15.0%), from €113,875 to €96,744
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 | €58,390 | €44,547 | -€13,843 | -23.7% |
| Formation expenses | 20 | €492 | - | -€492 | |
| Fixed assets | 21/28 | €5,750 | €3,000 | -€2,750 | -47.8% |
| Tangible fixed assets | 22/27 | €5,750 | €3,000 | -€2,750 | -47.8% |
| Furniture and vehicles | 24 | €5,750 | €3,000 | -€2,750 | -47.8% |
| Current assets | 29/58 | €52,148 | €41,547 | -€10,601 | -20.3% |
| Amounts receivable within one year | 40/41 | €40,743 | €28,699 | -€12,044 | -29.6% |
| Trade receivables | 40 | €19,017 | €968 | -€18,049 | -94.9% |
| Other amounts receivable | 41 | €21,726 | €27,731 | +€6,005 | +27.6% |
| Current investments | 50/53 | - | €5,013 | +€5,013 | |
| Cash at bank and in hand | 54/58 | €11 | €2 | -€9 | -81.8% |
| Deferred charges and accrued income | 490/1 | €11,394 | €7,833 | -€3,561 | -31.3% |
| Total equity and liabilities | 10/49 | €58,390 | €44,547 | -€13,843 | -23.7% |
| Equity | 10/15 | -€12,375 | -€27,534 | -€15,159 | -122.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,375 | -€31,534 | -€15,159 | -92.6% |
| Amounts payable | 17/49 | €70,765 | €72,081 | +€1,316 | +1.9% |
| Amounts payable within one year | 42/48 | €68,083 | €72,079 | +€3,996 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €6,830 | €3,499 | -€3,331 | -48.8% |
| Financial debts | 43 | €4,291 | €6,533 | +€2,242 | +52.2% |
| Credit institutions | 430/8 | €4,291 | €6,533 | +€2,242 | +52.2% |
| Trade debts | 44 | €31,515 | €18,219 | -€13,296 | -42.2% |
| Suppliers | 440/4 | €31,515 | €18,219 | -€13,296 | -42.2% |
| Advances received on contracts in progress | 46 | €0 | €5,500 | +€5,500 | |
| Taxes, remuneration and social security | 45 | €11,359 | €25,502 | +€14,143 | +124.5% |
| Taxes | 450/3 | €846 | €10,749 | +€9,903 | +1170.6% |
| Remuneration and social security | 454/9 | €10,513 | €14,753 | +€4,240 | +40.3% |
| Other amounts payable | 47/48 | €14,088 | €12,826 | -€1,262 | -9.0% |
| Accrued charges and deferred income | 492/3 | €2,682 | €2 | -€2,680 | -99.9% |
| Turnover | 70 | €255,203 | - | -€255,203 | |
| Goods, raw materials, services and sundry goods | 60/61 | €141,327 | - | -€141,327 | |
| Remuneration, social security and pensions | 62 | €94,552 | €96,845 | +€2,293 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,241 | €3,241 | = | 0.0% |
| Other operating charges | 640/8 | €3,563 | €4,894 | +€1,331 | +37.4% |
| Gross operating margin | 9900 | €113,875 | €96,744 | -€17,131 | -15.0% |
| Operating profit (loss) | 9901 | €12,519 | -€8,236 | -€20,755 | |
| Financial income | 75/76B | €3 | €498 | +€495 | +16500.0% |
| Recurring financial income | 75 | €3 | €498 | +€495 | +16500.0% |
| Financial charges | 65/66B | €4,493 | €5,498 | +€1,005 | +22.4% |
| Recurring financial charges | 65 | €4,493 | €5,498 | +€1,005 | +22.4% |
| Profit (loss) for the period before taxes | 9903 | €8,029 | -€13,236 | -€21,265 | |
| Income taxes | 67/77 | €203 | €1,922 | +€1,719 | +846.8% |
| Profit (loss) for the period | 9904 | €7,826 | -€15,158 | -€22,984 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,826 | -€15,158 | -€22,984 |
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 3 October 2026 via checked.be.