Magerman Kim: 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.
Magerman Kim
Largest movements
- Receivables within one year -€1,181
down €1,181 (-47.3%), from €2,500 to €1,319
- Profit (loss) carried forward -€17,202
down €17,202 (-96.7%), from €17,781 to €579
- Other debts +€16,435
up €16,435 (+401%), from €4,099 to €20,534
- Gross operating margin +€3,831
up €3,831 (+16.4%), from €23,299 to €27,130
- Taxes +€3,761
up €3,761 (+76.4%), from €4,921 to €8,681
- Other operating charges +€415
up €415 (+79.5%), from €522 to €937
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 | €53,878 | €52,631 | -€1,248 | -2.3% |
| Current assets | 29/58 | €53,878 | €52,631 | -€1,248 | -2.3% |
| Amounts receivable within one year | 40/41 | €2,500 | €1,319 | -€1,181 | -47.3% |
| Other amounts receivable | 41 | €2,500 | €1,319 | -€1,181 | -47.3% |
| Cash at bank and in hand | 54/58 | €51,378 | €51,312 | -€66 | -0.1% |
| Total equity and liabilities | 10/49 | €53,878 | €52,631 | -€1,248 | -2.3% |
| Equity | 10/15 | €48,621 | €31,419 | -€17,202 | -35.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €28,340 | €28,340 | = | 0.0% |
| Distributable reserves | 133 | €28,340 | €28,340 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,781 | €579 | -€17,202 | -96.7% |
| Amounts payable | 17/49 | €5,257 | €21,212 | +€15,954 | +303% |
| Amounts payable within one year | 42/48 | €5,131 | €21,212 | +€16,080 | +313% |
| Trade debts | 44 | €611 | €677 | +€66 | +10.7% |
| Suppliers | 440/4 | €611 | €677 | +€66 | +10.7% |
| Taxes, remuneration and social security | 45 | €421 | - | -€421 | |
| Taxes | 450/3 | €421 | - | -€421 | |
| Other amounts payable | 47/48 | €4,099 | €20,534 | +€16,435 | +401% |
| Accrued charges and deferred income | 492/3 | €126 | - | -€126 | |
| Other operating charges | 640/8 | €522 | €937 | +€415 | +79.5% |
| Gross operating margin | 9900 | €23,299 | €27,130 | +€3,831 | +16.4% |
| Operating profit (loss) | 9901 | €22,777 | €26,193 | +€3,416 | +15.0% |
| Financial charges | 65/66B | €75 | €66 | -€9 | -12.0% |
| Recurring financial charges | 65 | €75 | €66 | -€9 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €22,701 | €26,127 | +€3,425 | +15.1% |
| Income taxes | 67/77 | €4,921 | €8,681 | +€3,761 | +76.4% |
| Profit (loss) for the period | 9904 | €17,781 | €17,445 | -€335 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,781 | €17,445 | -€335 | -1.9% |
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 18 October 2026 via checked.be.