Maggyn: 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.
Maggyn
Largest movements
- Cash +€23,449
up €23,449 (+782%), from €3,000 to €26,449
mainly Net result for the year (+€13,786) and Other debts (+€6,537)
- Deferred charges and accrued income +€2,831
new in 2025: €2,831
- Formation expenses -€2,498
no longer reported in 2025 (was €2,498)
- Reserves +€13,670
new in 2025: €13,670
- Other debts +€6,537
up €6,537 (+429%), from €1,525 to €8,062
- Tax, wage and social debts +€3,604
new in 2025: €3,604
- Gross operating margin +€20,425
new in 2025: €20,425
- Taxes +€3,604
new in 2025: €3,604
- Depreciation +€2,382
up €2,382 (+2,058%), from €116 to €2,498
- Other operating charges +€486
new in 2025: €486
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 | €5,498 | €29,280 | +€23,782 | +433% |
| Formation expenses | 20 | €2,498 | - | -€2,498 | |
| Current assets | 29/58 | €3,000 | €29,280 | +€26,280 | +876% |
| Cash at bank and in hand | 54/58 | €3,000 | €26,449 | +€23,449 | +782% |
| Deferred charges and accrued income | 490/1 | - | €2,831 | +€2,831 | |
| Total equity and liabilities | 10/49 | €5,498 | €29,280 | +€23,782 | +433% |
| Equity | 10/15 | €2,884 | €16,670 | +€13,786 | +478% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €13,670 | +€13,670 | |
| Distributable reserves | 133 | - | €13,670 | +€13,670 | |
| Profit (loss) carried forward | 14 | -€116 | - | +€116 | |
| Amounts payable | 17/49 | €2,614 | €12,610 | +€9,996 | +382% |
| Amounts payable within one year | 42/48 | €2,614 | €12,610 | +€9,996 | +382% |
| Trade debts | 44 | €1,089 | €944 | -€145 | -13.4% |
| Suppliers | 440/4 | €1,089 | €944 | -€145 | -13.4% |
| Taxes, remuneration and social security | 45 | - | €3,604 | +€3,604 | |
| Taxes | 450/3 | - | €3,604 | +€3,604 | |
| Other amounts payable | 47/48 | €1,525 | €8,062 | +€6,537 | +429% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116 | €2,498 | +€2,382 | +2,058% |
| Other operating charges | 640/8 | - | €486 | +€486 | |
| Gross operating margin | 9900 | - | €20,425 | +€20,425 | |
| Operating profit (loss) | 9901 | -€116 | €17,441 | +€17,557 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | - | €51 | +€51 | |
| Recurring financial charges | 65 | - | €51 | +€51 | |
| Profit (loss) for the period before taxes | 9903 | -€116 | €17,390 | +€17,506 | |
| Income taxes | 67/77 | - | €3,604 | +€3,604 | |
| Profit (loss) for the period | 9904 | -€116 | €13,786 | +€13,902 | |
| Profit (loss) for the period to be appropriated | 9905 | -€116 | €13,786 | +€13,902 |
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 13 October 2026 via checked.be.