MAGNIFIK: 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.
MAGNIFIK
Largest movements
- Current investments +€267,204
new in 2025: €267,204
- Deferred charges and accrued income -€53,030
down €53,030 (-100%), from €53,030 to €0
- Cash -€44,867
down €44,867 (-43.3%), from €103,567 to €58,701
mainly Current investments (-€267,204) and Receivables within one year (-€22,229)
- Receivables within one year +€22,229
up €22,229 (+52.5%), from €42,347 to €64,576
of which Other amounts receivable: +€21,645
- Tangible fixed assets +€5,762
up €5,762 (+56.9%), from €10,123 to €15,884
of which Plant, machinery and equipment: +€2,926
- Reserves +€291,021
new in 2025: €291,021
- Profit (loss) carried forward -€124,760
down €124,760 (-100%), from €124,760 to €0
- Short-term financial debts +€50,000
new in 2025: €50,000
- Trade debts -€22,154
down €22,154 (-61.1%), from €36,265 to €14,111
- Gross operating margin +€74,078
up €74,078 (+45.8%), from €161,711 to €235,789
- Taxes +€25,671
up €25,671 (+68.5%), from €37,486 to €63,157
- Depreciation +€3,143
up €3,143 (+178%), from €1,767 to €4,910
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 | €209,117 | €406,415 | +€197,298 | +94.3% |
| Fixed assets | 21/28 | €10,173 | €15,934 | +€5,762 | +56.6% |
| Tangible fixed assets | 22/27 | €10,123 | €15,884 | +€5,762 | +56.9% |
| Plant, machinery and equipment | 23 | €10,123 | €13,049 | +€2,926 | +28.9% |
| Furniture and vehicles | 24 | - | €2,835 | +€2,835 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €198,944 | €390,481 | +€191,536 | +96.3% |
| Amounts receivable within one year | 40/41 | €42,347 | €64,576 | +€22,229 | +52.5% |
| Trade receivables | 40 | €27,559 | €28,143 | +€584 | +2.1% |
| Other amounts receivable | 41 | €14,789 | €36,433 | +€21,645 | +146% |
| Current investments | 50/53 | - | €267,204 | +€267,204 | |
| Cash at bank and in hand | 54/58 | €103,567 | €58,701 | -€44,867 | -43.3% |
| Deferred charges and accrued income | 490/1 | €53,030 | €0 | -€53,030 | -100% |
| Total equity and liabilities | 10/49 | €209,117 | €406,415 | +€197,298 | +94.3% |
| Equity | 10/15 | €127,760 | €294,021 | +€166,261 | +130% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €291,021 | +€291,021 | |
| Distributable reserves | 133 | - | €291,021 | +€291,021 | |
| Profit (loss) carried forward | 14 | €124,760 | €0 | -€124,760 | -100% |
| Amounts payable | 17/49 | €81,357 | €112,394 | +€31,037 | +38.1% |
| Amounts payable within one year | 42/48 | €81,357 | €112,394 | +€31,037 | +38.1% |
| Financial debts | 43 | - | €50,000 | +€50,000 | |
| Credit institutions | 430/8 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €36,265 | €14,111 | -€22,154 | -61.1% |
| Suppliers | 440/4 | €36,265 | €14,111 | -€22,154 | -61.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €45,042 | €48,283 | +€3,241 | +7.2% |
| Taxes | 450/3 | €45,042 | €48,283 | +€3,241 | +7.2% |
| Other amounts payable | 47/48 | €50 | €0 | -€50 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,767 | €4,910 | +€3,143 | +178% |
| Other operating charges | 640/8 | €737 | €864 | +€127 | +17.3% |
| Gross operating margin | 9900 | €161,711 | €235,789 | +€74,078 | +45.8% |
| Operating profit (loss) | 9901 | €159,207 | €230,015 | +€70,808 | +44.5% |
| Financial income | 75/76B | €358 | €772 | +€414 | +116% |
| Recurring financial income | 75 | €358 | €772 | +€414 | +116% |
| Financial charges | 65/66B | €928 | €1,369 | +€441 | +47.5% |
| Recurring financial charges | 65 | €928 | €1,369 | +€441 | +47.5% |
| Profit (loss) for the period before taxes | 9903 | €158,637 | €229,418 | +€70,781 | +44.6% |
| Income taxes | 67/77 | €37,486 | €63,157 | +€25,671 | +68.5% |
| Profit (loss) for the period | 9904 | €121,151 | €166,261 | +€45,110 | +37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €121,151 | €166,261 | +€45,110 | +37.2% |
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 25 October 2026 via checked.be.