MAGI CONSULTING: 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.
MAGI CONSULTING
Largest movements
- Receivables within one year +€13,650
up €13,650 (+12.4%), from €109,954 to €123,604
of which Other amounts receivable: +€8,171
- Tangible fixed assets +€4,283
up €4,283 (+29.8%), from €14,392 to €18,675
of which Furniture and vehicles: +€3,342
- Current portion of long-term debt -€25,023
down €25,023 (-73.8%), from €33,885 to €8,862
- Reserves +€23,438
up €23,438 (+13.2%), from €177,078 to €200,516
- Short-term financial debts +€19,611
up €19,611 (+2,789%), from €703 to €20,314
- Debts after one year -€8,862
no longer reported in 2025 (was €8,862)
- Other debts +€7,345
new in 2025: €7,345
- Financial income +€12,986
up €12,986 (+3,071%), from €423 to €13,409
- Taxes +€3,624
up €3,624 (+22.3%), from €16,284 to €19,908
- Other operating charges +€924
up €924 (+1,491%), from €62 to €986
- Gross operating margin -€829
down €829 (-1.3%), from €61,978 to €61,149
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 | €243,345 | €261,573 | +€18,228 | +7.5% |
| Fixed assets | 21/28 | €24,392 | €28,675 | +€4,283 | +17.6% |
| Tangible fixed assets | 22/27 | €14,392 | €18,675 | +€4,283 | +29.8% |
| Land and buildings | 22 | €9,617 | €11,177 | +€1,560 | +16.2% |
| Plant, machinery and equipment | 23 | €1,412 | €792 | -€619 | -43.9% |
| Furniture and vehicles | 24 | €3,363 | €6,706 | +€3,342 | +99.4% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €218,953 | €232,898 | +€13,945 | +6.4% |
| Amounts receivable within one year | 40/41 | €109,954 | €123,604 | +€13,650 | +12.4% |
| Trade receivables | 40 | €24,306 | €29,785 | +€5,480 | +22.5% |
| Other amounts receivable | 41 | €85,648 | €93,818 | +€8,171 | +9.5% |
| Current investments | 50/53 | €82,096 | €80,073 | -€2,023 | -2.5% |
| Cash at bank and in hand | 54/58 | €23,421 | €25,387 | +€1,967 | +8.4% |
| Deferred charges and accrued income | 490/1 | €3,482 | €3,833 | +€351 | +10.1% |
| Total equity and liabilities | 10/49 | €243,345 | €261,573 | +€18,228 | +7.5% |
| Equity | 10/15 | €189,478 | €212,916 | +€23,438 | +12.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €177,078 | €200,516 | +€23,438 | +13.2% |
| Distributable reserves | 133 | €177,078 | €200,516 | +€23,438 | +13.2% |
| Amounts payable | 17/49 | €53,867 | €48,657 | -€5,210 | -9.7% |
| Amounts payable after more than one year | 17 | €8,862 | - | -€8,862 | |
| Financial debts | 170/4 | €8,862 | - | -€8,862 | |
| Amounts payable within one year | 42/48 | €45,005 | €48,657 | +€3,652 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €33,885 | €8,862 | -€25,023 | -73.8% |
| Financial debts | 43 | €703 | €20,314 | +€19,611 | +2,789% |
| Credit institutions | 430/8 | €703 | €20,314 | +€19,611 | +2,789% |
| Trade debts | 44 | €5,225 | €4,043 | -€1,182 | -22.6% |
| Suppliers | 440/4 | €5,225 | €4,043 | -€1,182 | -22.6% |
| Taxes, remuneration and social security | 45 | €5,192 | €8,094 | +€2,902 | +55.9% |
| Taxes | 450/3 | €5,192 | €8,094 | +€2,902 | +55.9% |
| Other amounts payable | 47/48 | - | €7,345 | +€7,345 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,294 | €4,729 | +€436 | +10.1% |
| Other operating charges | 640/8 | €62 | €986 | +€924 | +1,491% |
| Gross operating margin | 9900 | €61,978 | €61,149 | -€829 | -1.3% |
| Operating profit (loss) | 9901 | €57,622 | €55,434 | -€2,189 | -3.8% |
| Financial income | 75/76B | €423 | €13,409 | +€12,986 | +3,071% |
| Recurring financial income | 75 | €423 | €13,409 | +€12,986 | +3,071% |
| Financial charges | 65/66B | €2,280 | €2,187 | -€92 | -4.1% |
| Recurring financial charges | 65 | €2,280 | €2,187 | -€92 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €55,766 | €66,655 | +€10,890 | +19.5% |
| Income taxes | 67/77 | €16,284 | €19,908 | +€3,624 | +22.3% |
| Profit (loss) for the period | 9904 | €39,481 | €46,747 | +€7,266 | +18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €39,481 | €46,747 | +€7,266 | +18.4% |
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 14 October 2026 via checked.be.