MAGMA ARCHITECTURE: 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.
MAGMA ARCHITECTURE
Largest movements
- Receivables within one year +€93,162
up €93,162 (+806%), from €11,561 to €104,723
of which Trade receivables: +€74,826
- Cash -€28,628
down €28,628 (-42.4%), from €67,503 to €38,875
mainly Receivables within one year (-€93,162) and Other debts (-€10,144)
- Tangible fixed assets -€5,926
down €5,926 (-20.0%), from €29,662 to €23,735
of which Furniture and vehicles: -€5,811
- Deferred charges and accrued income +€4,548
up €4,548 (+6,487%), from €70 to €4,618
- Reserves +€44,000
up €44,000 (+63.8%), from €69,000 to €113,000
- Trade debts +€21,460
up €21,460 (+210%), from €10,236 to €31,696
- Tax, wage and social debts +€15,327
up €15,327 (+574%), from €2,673 to €18,000
- Other debts -€10,144
no longer reported in 2025 (was €10,144)
- Debts after one year -€6,788
no longer reported in 2025 (was €6,788)
- Gross operating margin +€38,031
up €38,031 (+91.2%), from €41,696 to €79,726
- Taxes +€12,454
up €12,454 (+109%), from €11,430 to €23,884
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 | €108,906 | €171,972 | +€63,066 | +57.9% |
| Formation expenses | 20 | €110 | €21 | -€89 | -81.3% |
| Fixed assets | 21/28 | €29,662 | €23,735 | -€5,926 | -20.0% |
| Tangible fixed assets | 22/27 | €29,662 | €23,735 | -€5,926 | -20.0% |
| Plant, machinery and equipment | 23 | €983 | €868 | -€115 | -11.7% |
| Furniture and vehicles | 24 | €28,679 | €22,868 | -€5,811 | -20.3% |
| Current assets | 29/58 | €79,134 | €148,216 | +€69,081 | +87.3% |
| Amounts receivable within one year | 40/41 | €11,561 | €104,723 | +€93,162 | +806% |
| Trade receivables | 40 | €3,578 | €78,404 | +€74,826 | +2,091% |
| Other amounts receivable | 41 | €7,983 | €26,319 | +€18,336 | +230% |
| Cash at bank and in hand | 54/58 | €67,503 | €38,875 | -€28,628 | -42.4% |
| Deferred charges and accrued income | 490/1 | €70 | €4,618 | +€4,548 | +6,487% |
| Total equity and liabilities | 10/49 | €108,906 | €171,972 | +€63,066 | +57.9% |
| Equity | 10/15 | €71,342 | €115,491 | +€44,149 | +61.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €69,000 | €113,000 | +€44,000 | +63.8% |
| Distributable reserves | 133 | €69,000 | €113,000 | +€44,000 | +63.8% |
| Profit (loss) carried forward | 14 | €1,342 | €1,491 | +€149 | +11.1% |
| Amounts payable | 17/49 | €37,564 | €56,481 | +€18,917 | +50.4% |
| Amounts payable after more than one year | 17 | €6,788 | - | -€6,788 | |
| Financial debts | 170/4 | €6,788 | - | -€6,788 | |
| Amounts payable within one year | 42/48 | €30,776 | €56,481 | +€25,704 | +83.5% |
| Current portion of amounts payable after more than one year | 42 | €7,723 | €6,785 | -€938 | -12.1% |
| Trade debts | 44 | €10,236 | €31,696 | +€21,460 | +210% |
| Suppliers | 440/4 | €10,236 | €31,696 | +€21,460 | +210% |
| Taxes, remuneration and social security | 45 | €2,673 | €18,000 | +€15,327 | +574% |
| Taxes | 450/3 | €2,673 | €18,000 | +€15,327 | +574% |
| Other amounts payable | 47/48 | €10,144 | - | -€10,144 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,080 | €10,284 | +€204 | +2.0% |
| Other operating charges | 640/8 | €81 | €195 | +€114 | +140% |
| Gross operating margin | 9900 | €41,696 | €79,726 | +€38,031 | +91.2% |
| Operating profit (loss) | 9901 | €31,535 | €69,248 | +€37,713 | +120% |
| Financial income | 75/76B | €20 | €321 | +€301 | +1,488% |
| Recurring financial income | 75 | €20 | €321 | +€301 | +1,488% |
| Financial charges | 65/66B | €815 | €703 | -€112 | -13.7% |
| Recurring financial charges | 65 | €815 | €703 | -€112 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €30,740 | €68,866 | +€38,126 | +124% |
| Income taxes | 67/77 | €11,430 | €23,884 | +€12,454 | +109% |
| Profit (loss) for the period | 9904 | €19,310 | €44,982 | +€25,672 | +133% |
| Profit (loss) for the period to be appropriated | 9905 | €19,310 | €44,982 | +€25,672 | +133% |
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 30 October 2026 via checked.be.