MAGMIC: 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.
MAGMIC
Largest movements
- Tangible fixed assets +€13,502
new in 2025: €13,502
of which Other tangible fixed assets: +€7,800
- Cash +€2,782
up €2,782 (+15.1%), from €18,433 to €21,215
mainly Tax, wage and social debts (+€14,360) and Net result for the year (+€12,292)
- Advances received -€18,236
no longer reported in 2025 (was €18,236)
- Tax, wage and social debts +€14,360
new in 2025: €14,360
- Profit (loss) carried forward +€12,292
up €12,292, from -€903 to €11,389
- Other debts +€7,534
up €7,534 (+70.6%), from €10,678 to €18,212
- Accrued charges and deferred income +€544
new in 2025: €544
- Gross operating margin +€15,330
up €15,330 (+669.3%), from €2,290 to €17,621
- Taxes +€3,732
up €3,732 (+402.2%), from €928 to €4,660
- Other operating charges -€370
down €370 (-41.6%), from €890 to €520
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 | €33,558 | €50,208 | +€16,650 | +49.6% |
| Fixed assets | 21/28 | - | €13,502 | +€13,502 | |
| Tangible fixed assets | 22/27 | - | €13,502 | +€13,502 | |
| Furniture and vehicles | 24 | - | €5,702 | +€5,702 | |
| Other tangible fixed assets | 26 | - | €7,800 | +€7,800 | |
| Current assets | 29/58 | €33,558 | €36,705 | +€3,147 | +9.4% |
| Amounts receivable within one year | 40/41 | €15,125 | €15,490 | +€365 | +2.4% |
| Trade receivables | 40 | €15,125 | €14,150 | -€975 | -6.4% |
| Other amounts receivable | 41 | - | €1,340 | +€1,340 | |
| Cash at bank and in hand | 54/58 | €18,433 | €21,215 | +€2,782 | +15.1% |
| Total equity and liabilities | 10/49 | €33,558 | €50,208 | +€16,650 | +49.6% |
| Equity | 10/15 | €4,097 | €16,389 | +€12,292 | +300.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€903 | €11,389 | +€12,292 | |
| Amounts payable | 17/49 | €29,461 | €33,819 | +€4,358 | +14.8% |
| Amounts payable within one year | 42/48 | €29,461 | €33,275 | +€3,814 | +12.9% |
| Trade debts | 44 | €547 | €702 | +€155 | +28.4% |
| Suppliers | 440/4 | €547 | €702 | +€155 | +28.4% |
| Advances received on contracts in progress | 46 | €18,236 | - | -€18,236 | |
| Taxes, remuneration and social security | 45 | - | €14,360 | +€14,360 | |
| Taxes | 450/3 | - | €14,360 | +€14,360 | |
| Other amounts payable | 47/48 | €10,678 | €18,212 | +€7,534 | +70.6% |
| Accrued charges and deferred income | 492/3 | - | €544 | +€544 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €82 | +€82 | |
| Other operating charges | 640/8 | €890 | €520 | -€370 | -41.6% |
| Gross operating margin | 9900 | €2,290 | €17,621 | +€15,330 | +669.3% |
| Operating profit (loss) | 9901 | €1,401 | €17,019 | +€15,618 | +1115.0% |
| Financial income | 75/76B | €5 | €3 | -€2 | -33.7% |
| Recurring financial income | 75 | €5 | €3 | -€2 | -33.7% |
| Financial charges | 65/66B | €44 | €70 | +€27 | +61.8% |
| Recurring financial charges | 65 | €44 | €70 | +€27 | +61.8% |
| Profit (loss) for the period before taxes | 9903 | €1,362 | €16,951 | +€15,590 | +1144.9% |
| Income taxes | 67/77 | €928 | €4,660 | +€3,732 | +402.2% |
| Profit (loss) for the period | 9904 | €434 | €12,292 | +€11,858 | +2733.3% |
| Profit (loss) for the period to be appropriated | 9905 | €434 | €12,292 | +€11,858 | +2733.3% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.