MAGILINK: 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.
MAGILINK
Largest movements
- Receivables within one year +€3,590
up €3,590 (+98.0%), from €3,664 to €7,254
of which Trade receivables: +€3,616
- Deferred charges and accrued income -€1,048
down €1,048 (-93.3%), from €1,123 to €75
- Tangible fixed assets -€357
down €357 (-59.6%), from €599 to €242
- Cash +€326
up €326 (+17.5%), from €1,861 to €2,187
mainly Other debts (+€15,683) and Deferred charges and accrued income (+€1,048)
- Other debts +€15,683
up €15,683 (+144%), from €10,878 to €26,560
- Profit (loss) carried forward -€8,898
down €8,898 (-43.0%), from -€20,707 to -€29,605
- Trade debts -€3,927
down €3,927 (-47.2%), from €8,316 to €4,389
- Tax, wage and social debts -€249
down €249 (-47.1%), from €528 to €280
- Gross operating margin +€2,035
up €2,035 (+24.3%), from -€8,389 to -€6,354
- Other operating charges +€1,214
up €1,214 (+277%), from €438 to €1,652
- Financial charges +€127
up €127 (+47.4%), from €268 to €395
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 | €7,246 | €9,757 | +€2,511 | +34.7% |
| Fixed assets | 21/28 | €599 | €242 | -€357 | -59.6% |
| Tangible fixed assets | 22/27 | €599 | €242 | -€357 | -59.6% |
| Furniture and vehicles | 24 | €599 | €242 | -€357 | -59.6% |
| Current assets | 29/58 | €6,648 | €9,516 | +€2,868 | +43.1% |
| Amounts receivable within one year | 40/41 | €3,664 | €7,254 | +€3,590 | +98.0% |
| Trade receivables | 40 | €3,401 | €7,018 | +€3,616 | +106% |
| Other amounts receivable | 41 | €263 | €237 | -€26 | -9.9% |
| Cash at bank and in hand | 54/58 | €1,861 | €2,187 | +€326 | +17.5% |
| Deferred charges and accrued income | 490/1 | €1,123 | €75 | -€1,048 | -93.3% |
| Total equity and liabilities | 10/49 | €7,246 | €9,757 | +€2,511 | +34.7% |
| Equity | 10/15 | -€12,651 | -€21,548 | -€8,898 | -70.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,707 | -€29,605 | -€8,898 | -43.0% |
| Amounts payable | 17/49 | €19,897 | €31,306 | +€11,409 | +57.3% |
| Amounts payable within one year | 42/48 | €19,874 | €31,288 | +€11,414 | +57.4% |
| Financial debts | 43 | €152 | €59 | -€93 | -61.2% |
| Credit institutions | 430/8 | €152 | €59 | -€93 | -61.2% |
| Trade debts | 44 | €8,316 | €4,389 | -€3,927 | -47.2% |
| Suppliers | 440/4 | €8,316 | €4,389 | -€3,927 | -47.2% |
| Taxes, remuneration and social security | 45 | €528 | €280 | -€249 | -47.1% |
| Taxes | 450/3 | €528 | €280 | -€249 | -47.1% |
| Other amounts payable | 47/48 | €10,878 | €26,560 | +€15,683 | +144% |
| Accrued charges and deferred income | 492/3 | €23 | €18 | -€5 | -20.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €357 | €357 | = | 0.0% |
| Other operating charges | 640/8 | €438 | €1,652 | +€1,214 | +277% |
| Gross operating margin | 9900 | -€8,389 | -€6,354 | +€2,035 | +24.3% |
| Operating profit (loss) | 9901 | -€9,184 | -€8,363 | +€821 | +8.9% |
| Financial income | 75/76B | €2 | €1 | -€1 | -37.5% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -37.5% |
| Financial charges | 65/66B | €268 | €395 | +€127 | +47.4% |
| Recurring financial charges | 65 | €268 | €395 | +€127 | +47.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,450 | -€8,757 | +€693 | +7.3% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +0.9% |
| Profit (loss) for the period | 9904 | -€9,589 | -€8,898 | +€692 | +7.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,589 | -€8,898 | +€692 | +7.2% |
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 18 October 2026 via checked.be.