MagiVet: what changed
Two fiscal 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.
MagiVet
Largest movements
- Cash +€2,730
up €2,730 (+11.4%), from €23,860 to €26,590
mainly Other debts (+€17,093) and Net result for the year (+€7,104)
- Tangible fixed assets +€2,103
up €2,103 (+75.4%), from €2,789 to €4,892
- Other debts +€17,093
up €17,093 (+926.9%), from €1,844 to €18,937
- Profit (loss) carried forward -€11,127
no longer reported in 2025 (was €11,127)
- Tax, wage and social debts -€964
down €964 (-10.4%), from €9,281 to €8,317
- Trade debts -€390
down €390 (-15.3%), from €2,549 to €2,160
- Gross operating margin -€5,779
down €5,779 (-32.6%), from €17,724 to €11,945
- Depreciation +€1,036
up €1,036 (+2022.9%), from €51 to €1,087
- Taxes -€995
down €995 (-22.8%), from €4,362 to €3,367
- Other operating charges -€222
down €222 (-36.4%), from €609 to €387
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 | €27,802 | €32,413 | +€4,612 | +16.6% |
| Fixed assets | 21/28 | €2,789 | €4,892 | +€2,103 | +75.4% |
| Tangible fixed assets | 22/27 | €2,789 | €4,892 | +€2,103 | +75.4% |
| Other tangible fixed assets | 26 | €2,789 | €4,892 | +€2,103 | +75.4% |
| Current assets | 29/58 | €25,013 | €27,522 | +€2,509 | +10.0% |
| Amounts receivable within one year | 40/41 | €57 | €76 | +€19 | +34.0% |
| Trade receivables | 40 | €57 | €76 | +€19 | +34.0% |
| Cash at bank and in hand | 54/58 | €23,860 | €26,590 | +€2,730 | +11.4% |
| Deferred charges and accrued income | 490/1 | €1,096 | €856 | -€241 | -22.0% |
| Total equity and liabilities | 10/49 | €27,802 | €32,413 | +€4,612 | +16.6% |
| Equity | 10/15 | €14,127 | €3,000 | -€11,127 | -78.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,127 | - | -€11,127 | |
| Amounts payable | 17/49 | €13,675 | €29,413 | +€15,739 | +115.1% |
| Amounts payable within one year | 42/48 | €13,675 | €29,413 | +€15,739 | +115.1% |
| Trade debts | 44 | €2,549 | €2,160 | -€390 | -15.3% |
| Suppliers | 440/4 | €2,549 | €2,160 | -€390 | -15.3% |
| Taxes, remuneration and social security | 45 | €9,281 | €8,317 | -€964 | -10.4% |
| Taxes | 450/3 | €9,281 | €8,317 | -€964 | -10.4% |
| Other amounts payable | 47/48 | €1,844 | €18,937 | +€17,093 | +926.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51 | €1,087 | +€1,036 | +2022.9% |
| Other operating charges | 640/8 | €609 | €387 | -€222 | -36.4% |
| Gross operating margin | 9900 | €17,724 | €11,945 | -€5,779 | -32.6% |
| Operating profit (loss) | 9901 | €17,063 | €10,471 | -€6,593 | -38.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Profit (loss) for the period before taxes | 9903 | €17,064 | €10,471 | -€6,593 | -38.6% |
| Income taxes | 67/77 | €4,362 | €3,367 | -€995 | -22.8% |
| Profit (loss) for the period | 9904 | €12,702 | €7,104 | -€5,598 | -44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,702 | €7,104 | -€5,598 | -44.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.