MAGEX INTERNATIONAL: 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.
MAGEX INTERNATIONAL
Largest movements
- Current investments -€154,848
down €154,848 (-100%), from €154,848 to €0
- Cash +€89,149
up €89,149 (+2,252%), from €3,958 to €93,107
mainly Other debts (+€290,586) and Current investments (+€154,848)
- Receivables within one year +€84,619
up €84,619 (+19.3%), from €438,056 to €522,675
of which Other amounts receivable: +€75,019
- Other debts +€290,586
up €290,586 (+189%), from €153,500 to €444,086
- Profit (loss) carried forward -€217,401
down €217,401 (-57.9%), from €375,477 to €158,076
- Tax, wage and social debts -€61,034
down €61,034 (-94.6%), from €64,500 to €3,466
- Financial income -€23,419
down €23,419 (-99.5%), from €23,542 to €124
- Gross operating margin +€16,895
up €16,895, from -€1,060 to €15,835
- Financial charges +€11,825
up €11,825 (+5,721%), from €207 to €12,032
- Taxes +€5,661
up €5,661 (+2,111%), from €268 to €5,929
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 | €846,392 | €865,311 | +€18,919 | +2.2% |
| Fixed assets | 21/28 | €249,529 | €249,529 | = | 0.0% |
| Financial fixed assets | 28 | €249,529 | €249,529 | = | 0.0% |
| Current assets | 29/58 | €596,863 | €615,782 | +€18,919 | +3.2% |
| Amounts receivable within one year | 40/41 | €438,056 | €522,675 | +€84,619 | +19.3% |
| Trade receivables | 40 | - | €9,600 | +€9,600 | |
| Other amounts receivable | 41 | €438,056 | €513,075 | +€75,019 | +17.1% |
| Current investments | 50/53 | €154,848 | €0 | -€154,848 | -100% |
| Cash at bank and in hand | 54/58 | €3,958 | €93,107 | +€89,149 | +2,252% |
| Total equity and liabilities | 10/49 | €846,392 | €865,311 | +€18,919 | +2.2% |
| Equity | 10/15 | €627,417 | €410,016 | -€217,401 | -34.7% |
| Contributions | 10/11 | €120,944 | €120,944 | = | 0.0% |
| Revaluation surpluses | 12 | €1,551 | €1,551 | = | 0.0% |
| Reserves | 13 | €129,445 | €129,445 | = | 0.0% |
| Tax-exempt reserves | 132 | €42,046 | €42,046 | = | 0.0% |
| Distributable reserves | 133 | €87,398 | €87,398 | = | 0.0% |
| Profit (loss) carried forward | 14 | €375,477 | €158,076 | -€217,401 | -57.9% |
| Amounts payable | 17/49 | €218,975 | €455,295 | +€236,321 | +108% |
| Amounts payable within one year | 42/48 | €218,975 | €455,295 | +€236,321 | +108% |
| Trade debts | 44 | €975 | €7,743 | +€6,769 | +694% |
| Suppliers | 440/4 | €975 | €7,743 | +€6,769 | +694% |
| Taxes, remuneration and social security | 45 | €64,500 | €3,466 | -€61,034 | -94.6% |
| Taxes | 450/3 | €64,500 | €3,466 | -€61,034 | -94.6% |
| Other amounts payable | 47/48 | €153,500 | €444,086 | +€290,586 | +189% |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,060 | €15,835 | +€16,895 | |
| Operating profit (loss) | 9901 | -€1,447 | €15,436 | +€16,883 | |
| Financial income | 75/76B | €23,542 | €124 | -€23,419 | -99.5% |
| Recurring financial income | 75 | €23,542 | €124 | -€23,419 | -99.5% |
| Financial charges | 65/66B | €207 | €12,032 | +€11,825 | +5,721% |
| Recurring financial charges | 65 | €207 | €12,032 | +€11,825 | +5,721% |
| Profit (loss) for the period before taxes | 9903 | €21,889 | €3,528 | -€18,361 | -83.9% |
| Income taxes | 67/77 | €268 | €5,929 | +€5,661 | +2,111% |
| Profit (loss) for the period | 9904 | €21,620 | -€2,401 | -€24,022 | |
| Transfer from tax-exempt reserves | 789 | €12,189 | - | -€12,189 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,809 | -€2,401 | -€36,210 |
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 16 October 2026 via checked.be.