MAGISTICAL: 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.
MAGISTICAL
Largest movements
- Cash -€124,092
down €124,092 (-59.9%), from €207,158 to €83,066
mainly Contributions, distributions and other (-€249,813) and Receivables within one year (-€22,333)
- Receivables within one year +€22,333
up €22,333 (+8463.9%), from €264 to €22,597
of which Trade receivables: +€17,060
- Tangible fixed assets +€3,802
up €3,802 (+53.1%), from €7,164 to €10,966
- Reserves -€191,354
down €191,354 (-100.0%), from €191,354 to €0
- Other debts +€110,514
up €110,514 (+3094.4%), from €3,571 to €114,086
- Tax, wage and social debts -€16,288
down €16,288 (-100.0%), from €16,288 to €0
- Gross operating margin -€2,425
down €2,425 (-3.0%), from €82,043 to €79,618
- Financial charges -€1,849
down €1,849 (-95.7%), from €1,932 to €83
- Depreciation +€1,532
up €1,532 (+39.7%), from €3,862 to €5,394
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 | €215,938 | €117,357 | -€98,581 | -45.7% |
| Fixed assets | 21/28 | €7,164 | €10,966 | +€3,802 | +53.1% |
| Tangible fixed assets | 22/27 | €7,164 | €10,966 | +€3,802 | +53.1% |
| Furniture and vehicles | 24 | €7,164 | €10,966 | +€3,802 | +53.1% |
| Current assets | 29/58 | €208,774 | €106,391 | -€102,383 | -49.0% |
| Amounts receivable within one year | 40/41 | €264 | €22,597 | +€22,333 | +8463.9% |
| Trade receivables | 40 | - | €17,060 | +€17,060 | |
| Other amounts receivable | 41 | €264 | €5,537 | +€5,273 | +1998.4% |
| Cash at bank and in hand | 54/58 | €207,158 | €83,066 | -€124,092 | -59.9% |
| Deferred charges and accrued income | 490/1 | €1,352 | €728 | -€624 | -46.2% |
| Total equity and liabilities | 10/49 | €215,938 | €117,357 | -€98,581 | -45.7% |
| Equity | 10/15 | €194,354 | €3,000 | -€191,354 | -98.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | - | -€3,000 | |
| Other | 1109/19 | €3,000 | - | -€3,000 | |
| Reserves | 13 | €191,354 | €0 | -€191,354 | -100.0% |
| Distributable reserves | 133 | €191,354 | €0 | -€191,354 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €21,584 | €114,357 | +€92,773 | +429.8% |
| Amounts payable within one year | 42/48 | €21,584 | €114,357 | +€92,773 | +429.8% |
| Trade debts | 44 | €1,725 | €271 | -€1,454 | -84.3% |
| Suppliers | 440/4 | €1,725 | €271 | -€1,454 | -84.3% |
| Taxes, remuneration and social security | 45 | €16,288 | €0 | -€16,288 | -100.0% |
| Taxes | 450/3 | €16,288 | €0 | -€16,288 | -100.0% |
| Other amounts payable | 47/48 | €3,571 | €114,086 | +€110,514 | +3094.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,862 | €5,394 | +€1,532 | +39.7% |
| Other operating charges | 640/8 | - | €387 | +€387 | |
| Gross operating margin | 9900 | €82,043 | €79,618 | -€2,425 | -3.0% |
| Operating profit (loss) | 9901 | €78,180 | €73,837 | -€4,344 | -5.6% |
| Financial income | 75/76B | €1 | €45 | +€44 | +7388.3% |
| Recurring financial income | 75 | €1 | €45 | +€44 | +7388.3% |
| Financial charges | 65/66B | €1,932 | €83 | -€1,849 | -95.7% |
| Recurring financial charges | 65 | €1,932 | €83 | -€1,849 | -95.7% |
| Profit (loss) for the period before taxes | 9903 | €76,249 | €73,799 | -€2,450 | -3.2% |
| Income taxes | 67/77 | €15,156 | €15,339 | +€184 | +1.2% |
| Profit (loss) for the period | 9904 | €61,094 | €58,459 | -€2,634 | -4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €61,094 | €58,459 | -€2,634 | -4.3% |
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 11 October 2026 via checked.be.