MAGIS TRADING: 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.
MAGIS TRADING
Largest movements
- Cash +€765,689
up €765,689 (+316%), from €241,933 to €1.0m
mainly Net result for the year (+€820,165) and Current investments (+€325,000)
- Current investments -€325,000
down €325,000 (-100%), from €325,000 to €0
- Tangible fixed assets +€280,207
up €280,207 (+243%), from €115,150 to €395,357
- Stocks and contracts -€32,598
down €32,598 (-6.7%), from €489,350 to €456,751
- Other debts +€289,288
up €289,288 (+33.3%), from €869,642 to €1.2m
- Trade debts +€211,183
up €211,183 (+48.9%), from €431,984 to €643,167
- Debts after one year +€141,270
up €141,270 (+475%), from €29,766 to €171,036
- Current portion of long-term debt +€69,741
up €69,741 (+399%), from €17,459 to €87,199
- Gross operating margin +€278,342
up €278,342 (+31.9%), from €873,018 to €1.2m
- Depreciation +€17,030
up €17,030 (+15.2%), from €111,821 to €128,850
- Write-downs -€14,242
down €14,242, from €105 to -€14,137
- Staff costs -€14,169
down €14,169 (-7.9%), from €178,921 to €164,752
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 | €1,687,849 | €2,399,103 | +€711,254 | +42.1% |
| Fixed assets | 21/28 | €115,150 | €395,357 | +€280,207 | +243% |
| Tangible fixed assets | 22/27 | €115,150 | €395,357 | +€280,207 | +243% |
| Furniture and vehicles | 24 | €115,150 | €395,357 | +€280,207 | +243% |
| Current assets | 29/58 | €1,572,699 | €2,003,747 | +€431,048 | +27.4% |
| Stocks and contracts in progress | 3 | €489,350 | €456,751 | -€32,598 | -6.7% |
| Stocks | 30/36 | €489,350 | €456,751 | -€32,598 | -6.7% |
| Amounts receivable within one year | 40/41 | €499,969 | €523,884 | +€23,916 | +4.8% |
| Trade receivables | 40 | €168,203 | €186,893 | +€18,691 | +11.1% |
| Other amounts receivable | 41 | €331,766 | €336,991 | +€5,225 | +1.6% |
| Current investments | 50/53 | €325,000 | €0 | -€325,000 | -100% |
| Cash at bank and in hand | 54/58 | €241,933 | €1,007,623 | +€765,689 | +316% |
| Deferred charges and accrued income | 490/1 | €16,447 | €15,488 | -€959 | -5.8% |
| Total equity and liabilities | 10/49 | €1,687,849 | €2,399,103 | +€711,254 | +42.1% |
| Equity | 10/15 | €303,942 | €304,924 | +€981 | +0.3% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Contributions outside capital | 11 | €125,000 | €125,000 | = | 0.0% |
| Other | 1109/19 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €166,442 | €167,424 | +€981 | +0.6% |
| Amounts payable | 17/49 | €1,383,907 | €2,094,180 | +€710,273 | +51.3% |
| Amounts payable after more than one year | 17 | €29,766 | €171,036 | +€141,270 | +475% |
| Financial debts | 170/4 | €29,766 | €171,036 | +€141,270 | +475% |
| Amounts payable within one year | 42/48 | €1,348,845 | €1,917,792 | +€568,947 | +42.2% |
| Current portion of amounts payable after more than one year | 42 | €17,459 | €87,199 | +€69,741 | +399% |
| Trade debts | 44 | €431,984 | €643,167 | +€211,183 | +48.9% |
| Suppliers | 440/4 | €431,984 | €643,167 | +€211,183 | +48.9% |
| Advances received on contracts in progress | 46 | €0 | €500 | +€500 | |
| Taxes, remuneration and social security | 45 | €29,760 | €27,996 | -€1,764 | -5.9% |
| Taxes | 450/3 | €1,078 | €1,518 | +€440 | +40.8% |
| Remuneration and social security | 454/9 | €28,682 | €26,478 | -€2,204 | -7.7% |
| Other amounts payable | 47/48 | €869,642 | €1,158,929 | +€289,288 | +33.3% |
| Accrued charges and deferred income | 492/3 | €5,296 | €5,352 | +€56 | +1.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €178,921 | €164,752 | -€14,169 | -7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,821 | €128,850 | +€17,030 | +15.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €105 | -€14,137 | -€14,242 | |
| Other operating charges | 640/8 | €56,407 | €53,725 | -€2,683 | -4.8% |
| Gross operating margin | 9900 | €873,018 | €1,151,360 | +€278,342 | +31.9% |
| Operating profit (loss) | 9901 | €525,764 | €818,170 | +€292,406 | +55.6% |
| Financial income | 75/76B | €23,407 | €27,739 | +€4,331 | +18.5% |
| Recurring financial income | 75 | €23,407 | €27,739 | +€4,331 | +18.5% |
| Financial charges | 65/66B | €7,427 | €12,364 | +€4,937 | +66.5% |
| Recurring financial charges | 65 | €7,427 | €12,364 | +€4,937 | +66.5% |
| Profit (loss) for the period before taxes | 9903 | €541,744 | €833,545 | +€291,800 | +53.9% |
| Income taxes | 67/77 | €15,280 | €13,379 | -€1,900 | -12.4% |
| Profit (loss) for the period | 9904 | €526,465 | €820,165 | +€293,701 | +55.8% |
| Profit (loss) for the period to be appropriated | 9905 | €526,465 | €820,165 | +€293,701 | +55.8% |
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 28 October 2026 via checked.be.