MAGISCO: 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.
MAGISCO
Largest movements
- Cash +€5,695
up €5,695 (+16.8%), from €33,951 to €39,646
mainly Net result for the year (+€13,603) and Depreciation (+€6,141)
- Deferred charges and accrued income -€4,936
down €4,936 (-94.2%), from €5,239 to €303
- Tangible fixed assets -€4,542
down €4,542 (-56.3%), from €8,067 to €3,525
of which Furniture and vehicles: -€4,542
- Receivables within one year -€2,915
down €2,915 (-17.2%), from €16,934 to €14,018
of which Other amounts receivable: -€4,821
- Reserves +€10,000
up €10,000 (+100.0%), from €10,000 to €20,000
- Trade debts -€9,820
down €9,820 (-92.7%), from €10,590 to €769
- Other debts -€7,019
down €7,019 (-98.0%), from €7,159 to €140
- Tax, wage and social debts -€3,692
down €3,692 (-45.5%), from €8,120 to €4,429
of which Taxes: -€3,249
- Profit (loss) carried forward +€3,603
up €3,603 (+42.1%), from €8,561 to €12,164
- Staff costs -€20,205
down €20,205 (-79.7%), from €25,358 to €5,153
- Gross operating margin -€17,849
down €17,849 (-36.4%), from €48,996 to €31,147
- Taxes +€3,561
up €3,561 (+307.4%), from €1,159 to €4,720
- Financial income -€1,255
down €1,255 (-77.6%), from €1,617 to €362
- Financial charges +€508
up €508 (+93.8%), from €541 to €1,050
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 | €64,881 | €57,953 | -€6,928 | -10.7% |
| Fixed assets | 21/28 | €8,757 | €3,986 | -€4,771 | -54.5% |
| Intangible fixed assets | 21 | €229 | €0 | -€229 | -100.0% |
| Tangible fixed assets | 22/27 | €8,067 | €3,525 | -€4,542 | -56.3% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €8,067 | €3,525 | -€4,542 | -56.3% |
| Financial fixed assets | 28 | €461 | €461 | = | 0.0% |
| Current assets | 29/58 | €56,124 | €53,967 | -€2,157 | -3.8% |
| Amounts receivable within one year | 40/41 | €16,934 | €14,018 | -€2,915 | -17.2% |
| Trade receivables | 40 | €10,777 | €12,682 | +€1,905 | +17.7% |
| Other amounts receivable | 41 | €6,157 | €1,336 | -€4,821 | -78.3% |
| Cash at bank and in hand | 54/58 | €33,951 | €39,646 | +€5,695 | +16.8% |
| Deferred charges and accrued income | 490/1 | €5,239 | €303 | -€4,936 | -94.2% |
| Total equity and liabilities | 10/49 | €64,881 | €57,953 | -€6,928 | -10.7% |
| Equity | 10/15 | €39,012 | €52,615 | +€13,603 | +34.9% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €10,000 | €20,000 | +€10,000 | +100.0% |
| Distributable reserves | 133 | €10,000 | €20,000 | +€10,000 | +100.0% |
| Profit (loss) carried forward | 14 | €8,561 | €12,164 | +€3,603 | +42.1% |
| Amounts payable | 17/49 | €25,869 | €5,338 | -€20,531 | -79.4% |
| Amounts payable within one year | 42/48 | €25,869 | €5,338 | -€20,531 | -79.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €10,590 | €769 | -€9,820 | -92.7% |
| Suppliers | 440/4 | €10,590 | €769 | -€9,820 | -92.7% |
| Taxes, remuneration and social security | 45 | €8,120 | €4,429 | -€3,692 | -45.5% |
| Taxes | 450/3 | €5,177 | €1,929 | -€3,249 | -62.7% |
| Remuneration and social security | 454/9 | €2,943 | €2,500 | -€443 | -15.1% |
| Other amounts payable | 47/48 | €7,159 | €140 | -€7,019 | -98.0% |
| Remuneration, social security and pensions | 62 | €25,358 | €5,153 | -€20,205 | -79.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,434 | €6,141 | -€293 | -4.6% |
| Other operating charges | 640/8 | €1,096 | €842 | -€254 | -23.1% |
| Gross operating margin | 9900 | €48,996 | €31,147 | -€17,849 | -36.4% |
| Operating profit (loss) | 9901 | €16,109 | €19,011 | +€2,902 | +18.0% |
| Financial income | 75/76B | €1,617 | €362 | -€1,255 | -77.6% |
| Recurring financial income | 75 | €1,617 | €362 | -€1,255 | -77.6% |
| Financial charges | 65/66B | €541 | €1,050 | +€508 | +93.8% |
| Recurring financial charges | 65 | €541 | €1,050 | +€508 | +93.8% |
| Profit (loss) for the period before taxes | 9903 | €17,184 | €18,323 | +€1,139 | +6.6% |
| Income taxes | 67/77 | €1,159 | €4,720 | +€3,561 | +307.4% |
| Profit (loss) for the period | 9904 | €16,025 | €13,603 | -€2,423 | -15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,025 | €13,603 | -€2,423 | -15.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.