Maggie's Melody: 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.
Maggie's Melody
Largest movements
- Cash +€14,759
up €14,759 (+39.7%), from €37,162 to €51,921
mainly Net result for the year (+€23,925) and Receivables within one year (+€4,749)
- Deferred charges and accrued income +€7,779
up €7,779 (+4,071%), from €191 to €7,970
- Receivables within one year -€4,749
down €4,749 (-46.5%), from €10,222 to €5,473
of which Trade receivables: -€4,921
- Tangible fixed assets -€2,734
down €2,734 (-20.6%), from €13,241 to €10,507
of which Land and buildings: -€2,175
- Reserves +€23,925
up €23,925 (+76.7%), from €31,189 to €55,113
- Trade debts -€4,684
down €4,684 (-38.4%), from €12,198 to €7,514
- Tax, wage and social debts -€3,933
down €3,933 (-65.3%), from €6,022 to €2,089
of which Remuneration and social security: -€2,048
- Gross operating margin -€12,386
down €12,386 (-21.4%), from €57,972 to €45,586
- Taxes -€2,971
down €2,971 (-23.1%), from €12,853 to €9,882
- Depreciation -€1,046
down €1,046 (-27.7%), from €3,780 to €2,734
- Financial charges -€700
down €700 (-7.4%), from €9,488 to €8,788
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 | €60,815 | €75,871 | +€15,056 | +24.8% |
| Fixed assets | 21/28 | €13,241 | €10,507 | -€2,734 | -20.6% |
| Tangible fixed assets | 22/27 | €13,241 | €10,507 | -€2,734 | -20.6% |
| Land and buildings | 22 | €11,853 | €9,678 | -€2,175 | -18.3% |
| Plant, machinery and equipment | 23 | €1,387 | €829 | -€559 | -40.3% |
| Current assets | 29/58 | €47,575 | €65,364 | +€17,789 | +37.4% |
| Amounts receivable within one year | 40/41 | €10,222 | €5,473 | -€4,749 | -46.5% |
| Trade receivables | 40 | €4,921 | €0 | -€4,921 | -100% |
| Other amounts receivable | 41 | €5,301 | €5,473 | +€173 | +3.3% |
| Cash at bank and in hand | 54/58 | €37,162 | €51,921 | +€14,759 | +39.7% |
| Deferred charges and accrued income | 490/1 | €191 | €7,970 | +€7,779 | +4,071% |
| Total equity and liabilities | 10/49 | €60,815 | €75,871 | +€15,056 | +24.8% |
| Equity | 10/15 | €36,189 | €60,113 | +€23,925 | +66.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €31,189 | €55,113 | +€23,925 | +76.7% |
| Distributable reserves | 133 | €31,189 | €55,113 | +€23,925 | +76.7% |
| Amounts payable | 17/49 | €24,627 | €15,758 | -€8,869 | -36.0% |
| Amounts payable within one year | 42/48 | €24,627 | €15,758 | -€8,869 | -36.0% |
| Trade debts | 44 | €12,198 | €7,514 | -€4,684 | -38.4% |
| Suppliers | 440/4 | €12,198 | €7,514 | -€4,684 | -38.4% |
| Taxes, remuneration and social security | 45 | €6,022 | €2,089 | -€3,933 | -65.3% |
| Taxes | 450/3 | €3,974 | €2,089 | -€1,886 | -47.4% |
| Remuneration and social security | 454/9 | €2,048 | €0 | -€2,048 | -100% |
| Other amounts payable | 47/48 | €6,407 | €6,156 | -€252 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,780 | €2,734 | -€1,046 | -27.7% |
| Other operating charges | 640/8 | €772 | €435 | -€337 | -43.6% |
| Gross operating margin | 9900 | €57,972 | €45,586 | -€12,386 | -21.4% |
| Operating profit (loss) | 9901 | €53,420 | €42,418 | -€11,003 | -20.6% |
| Financial income | 75/76B | €109 | €177 | +€68 | +62.1% |
| Recurring financial income | 75 | €109 | €177 | +€68 | +62.1% |
| Financial charges | 65/66B | €9,488 | €8,788 | -€700 | -7.4% |
| Recurring financial charges | 65 | €9,488 | €8,788 | -€700 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €44,041 | €33,806 | -€10,235 | -23.2% |
| Income taxes | 67/77 | €12,853 | €9,882 | -€2,971 | -23.1% |
| Profit (loss) for the period | 9904 | €31,189 | €23,925 | -€7,264 | -23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,189 | €23,925 | -€7,264 | -23.3% |
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 28 October 2026 via checked.be.