MAGIKON: 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.
MAGIKON
Largest movements
- Receivables within one year -€6,931
down €6,931 (-66.2%), from €10,467 to €3,536
of which Trade receivables: -€6,918
- Stocks and contracts -€3,201
down €3,201 (-52.0%), from €6,155 to €2,954
- Cash +€1,959
up €1,959 (+3.7%), from €53,137 to €55,096
mainly Receivables within one year (+€6,931) and Stocks and contracts (+€3,201)
- Profit (loss) carried forward -€3,919
down €3,919 (-61.8%), from -€6,343 to -€10,262
- Other debts -€2,413
down €2,413 (-6.9%), from €34,864 to €32,450
- Tax, wage and social debts -€1,523
down €1,523 (-37.7%), from €4,040 to €2,517
- Trade debts +€859
up €859 (+31.4%), from €2,732 to €3,591
- Gross operating margin -€31,778
down €31,778, from €30,366 to -€1,413
- Financial charges -€981
down €981 (-88.2%), from €1,112 to €132
- Other operating charges +€747
up €747 (+77.1%), from €968 to €1,715
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.
Cash bridge derived
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 | €70,248 | €62,556 | -€7,692 | -11.0% |
| Fixed assets | 21/28 | €181 | €647 | +€466 | +258.1% |
| Tangible fixed assets | 22/27 | €181 | €647 | +€466 | +258.1% |
| Furniture and vehicles | 24 | €181 | €647 | +€466 | +258.1% |
| Current assets | 29/58 | €70,068 | €61,909 | -€8,159 | -11.6% |
| Stocks and contracts in progress | 3 | €6,155 | €2,954 | -€3,201 | -52.0% |
| Stocks | 30/36 | €6,155 | €2,954 | -€3,201 | -52.0% |
| Amounts receivable within one year | 40/41 | €10,467 | €3,536 | -€6,931 | -66.2% |
| Trade receivables | 40 | €10,454 | €3,536 | -€6,918 | -66.2% |
| Other amounts receivable | 41 | €13 | - | -€13 | |
| Cash at bank and in hand | 54/58 | €53,137 | €55,096 | +€1,959 | +3.7% |
| Deferred charges and accrued income | 490/1 | €308 | €323 | +€14 | +4.7% |
| Total equity and liabilities | 10/49 | €70,248 | €62,556 | -€7,692 | -11.0% |
| Equity | 10/15 | €7,917 | €3,998 | -€3,919 | -49.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,343 | -€10,262 | -€3,919 | -61.8% |
| Amounts payable | 17/49 | €62,331 | €58,558 | -€3,773 | -6.1% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 170/4 | - | €20,000 | +€20,000 | |
| Other amounts payable | 178/9 | €20,000 | - | -€20,000 | |
| Amounts payable within one year | 42/48 | €41,635 | €38,558 | -€3,077 | -7.4% |
| Trade debts | 44 | €2,732 | €3,591 | +€859 | +31.4% |
| Suppliers | 440/4 | €2,732 | €3,591 | +€859 | +31.4% |
| Taxes, remuneration and social security | 45 | €4,040 | €2,517 | -€1,523 | -37.7% |
| Taxes | 450/3 | €4,040 | €2,517 | -€1,523 | -37.7% |
| Other amounts payable | 47/48 | €34,864 | €32,450 | -€2,413 | -6.9% |
| Accrued charges and deferred income | 492/3 | €696 | - | -€696 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €180 | €194 | +€14 | +7.7% |
| Other operating charges | 640/8 | €968 | €1,715 | +€747 | +77.1% |
| Gross operating margin | 9900 | €30,366 | -€1,413 | -€31,778 | |
| Operating profit (loss) | 9901 | €29,217 | -€3,322 | -€32,539 | |
| Financial income | 75/76B | €0 | €63 | +€63 | +315550.0% |
| Recurring financial income | 75 | €0 | €63 | +€63 | +315550.0% |
| Financial charges | 65/66B | €1,112 | €132 | -€981 | -88.2% |
| Recurring financial charges | 65 | €1,112 | €132 | -€981 | -88.2% |
| Profit (loss) for the period before taxes | 9903 | €28,105 | -€3,390 | -€31,496 | |
| Income taxes | 67/77 | €253 | €529 | +€275 | +108.8% |
| Profit (loss) for the period | 9904 | €27,852 | -€3,919 | -€31,771 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,852 | -€3,919 | -€31,771 |
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 12 October 2026 via checked.be.