MAGINFI: 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.
MAGINFI
Largest movements
- Receivables within one year +€66,549
up €66,549 (+416.1%), from €15,993 to €82,542
- Cash +€43,803
up €43,803 (+487.3%), from €8,989 to €52,792
mainly Net result for the year (+€100,373) and Other debts (+€47,000)
- Tangible fixed assets +€24,238
up €24,238 (+69.9%), from €34,687 to €58,925
- Other debts +€47,000
new in 2025: €47,000
- Profit (loss) carried forward +€31,509
up €31,509 (+641.2%), from €4,914 to €36,423
- Tax, wage and social debts +€24,821
up €24,821 (+278.3%), from €8,919 to €33,740
of which Taxes: +€25,844
- Reserves +€21,864
new in 2025: €21,864
- Debts after one year +€12,148
up €12,148 (+42.7%), from €28,472 to €40,620
- Gross operating margin +€116,713
up €116,713 (+447.1%), from €26,102 to €142,815
- Turnover -€78,182
no longer reported in 2025 (was €78,182)
- Purchases and services -€54,191
no longer reported in 2025 (was €54,191)
- Taxes +€25,862
up €25,862 (+656.6%), from €3,939 to €29,801
- Depreciation -€6,446
down €6,446 (-57.0%), from €11,304 to €4,858
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 | €68,666 | €203,839 | +€135,173 | +196.9% |
| Fixed assets | 21/28 | €34,687 | €58,925 | +€24,238 | +69.9% |
| Tangible fixed assets | 22/27 | €34,687 | €58,925 | +€24,238 | +69.9% |
| Leasing and similar rights | 25 | €34,687 | €58,925 | +€24,238 | +69.9% |
| Current assets | 29/58 | €33,978 | €144,913 | +€110,935 | +326.5% |
| Amounts receivable within one year | 40/41 | €15,993 | €82,542 | +€66,549 | +416.1% |
| Other amounts receivable | 41 | €15,993 | €82,542 | +€66,549 | +416.1% |
| Cash at bank and in hand | 54/58 | €8,989 | €52,792 | +€43,803 | +487.3% |
| Deferred charges and accrued income | 490/1 | €8,996 | €9,579 | +€583 | +6.5% |
| Total equity and liabilities | 10/49 | €68,666 | €203,839 | +€135,173 | +196.9% |
| Equity | 10/15 | €8,914 | €62,287 | +€53,373 | +598.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | - | €21,864 | +€21,864 | |
| Tax-exempt reserves | 132 | - | €21,864 | +€21,864 | |
| Profit (loss) carried forward | 14 | €4,914 | €36,423 | +€31,509 | +641.2% |
| Provisions and deferred taxes | 16 | - | €5,466 | +€5,466 | |
| Deferred taxes | 168 | - | €5,466 | +€5,466 | |
| Amounts payable | 17/49 | €59,751 | €136,085 | +€76,334 | +127.8% |
| Amounts payable after more than one year | 17 | €28,472 | €40,620 | +€12,148 | +42.7% |
| Financial debts | 170/4 | €28,472 | €40,620 | +€12,148 | +42.7% |
| Amounts payable within one year | 42/48 | €31,279 | €95,466 | +€64,186 | +205.2% |
| Current portion of amounts payable after more than one year | 42 | €9,045 | €7,703 | -€1,342 | -14.8% |
| Trade debts | 44 | €13,316 | €7,023 | -€6,293 | -47.3% |
| Suppliers | 440/4 | €13,316 | €7,023 | -€6,293 | -47.3% |
| Taxes, remuneration and social security | 45 | €8,919 | €33,740 | +€24,821 | +278.3% |
| Taxes | 450/3 | €7,896 | €33,740 | +€25,844 | +327.3% |
| Remuneration and social security | 454/9 | €1,023 | - | -€1,023 | |
| Other amounts payable | 47/48 | - | €47,000 | +€47,000 | |
| Turnover | 70 | €78,182 | - | -€78,182 | |
| Goods, raw materials, services and sundry goods | 60/61 | €54,191 | - | -€54,191 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,304 | €4,858 | -€6,446 | -57.0% |
| Other operating charges | 640/8 | €1,098 | €1,311 | +€214 | +19.5% |
| Gross operating margin | 9900 | €26,102 | €142,815 | +€116,713 | +447.1% |
| Operating profit (loss) | 9901 | €13,700 | €136,645 | +€122,945 | +897.4% |
| Financial income | 75/76B | €2,527 | €1,901 | -€625 | -24.7% |
| Recurring financial income | 75 | €2,527 | €1,901 | -€625 | -24.7% |
| Financial charges | 65/66B | €2,000 | €2,907 | +€907 | +45.3% |
| Recurring financial charges | 65 | €2,000 | €2,907 | +€907 | +45.3% |
| Profit (loss) for the period before taxes | 9903 | €14,226 | €135,640 | +€121,414 | +853.5% |
| Transfer from deferred taxes | 780 | - | €972 | +€972 | |
| Transfer to deferred taxes | 680 | - | €6,438 | +€6,438 | |
| Income taxes | 67/77 | €3,939 | €29,801 | +€25,862 | +656.6% |
| Profit (loss) for the period | 9904 | €10,287 | €100,373 | +€90,085 | +875.7% |
| Transfer from tax-exempt reserves | 789 | - | €3,886 | +€3,886 | |
| Transfer to tax-exempt reserves | 689 | - | €25,750 | +€25,750 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,287 | €78,509 | +€68,222 | +663.2% |
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 11 October 2026 via checked.be.