MAGNUSCORE: 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.
MAGNUSCORE
Largest movements
- Tangible fixed assets +€50,031
new in 2025: €50,031
- Cash -€13,627
down €13,627 (-78.8%), from €17,289 to €3,662
mainly Investment in fixed assets (net) (-€50,346) and Contributions, distributions and other (-€17,333)
- Receivables within one year +€12,164
up €12,164 (+3006.2%), from €405 to €12,569
of which Trade receivables: +€12,569
- Debts after one year +€36,665
new in 2025: €36,665
- Contributions -€16,500
down €16,500 (-82.5%), from €20,000 to €3,500
- Profit (loss) carried forward +€12,040
up €12,040, from -€2,999 to €9,041
- Current portion of long-term debt +€8,335
new in 2025: €8,335
- Tax, wage and social debts +€3,360
new in 2025: €3,360
- Gross operating margin +€22,573
up €22,573, from -€2,780 to €19,793
- Taxes +€2,686
new in 2025: €2,686
- Other operating charges +€1,752
new in 2025: €1,752
- Depreciation +€315
new in 2025: €315
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 | €17,694 | €66,465 | +€48,771 | +275.6% |
| Fixed assets | 21/28 | - | €50,031 | +€50,031 | |
| Tangible fixed assets | 22/27 | - | €50,031 | +€50,031 | |
| Furniture and vehicles | 24 | - | €50,031 | +€50,031 | |
| Current assets | 29/58 | €17,694 | €16,433 | -€1,260 | -7.1% |
| Amounts receivable within one year | 40/41 | €405 | €12,569 | +€12,164 | +3006.2% |
| Trade receivables | 40 | - | €12,569 | +€12,569 | |
| Other amounts receivable | 41 | €405 | €0 | -€405 | -100.0% |
| Cash at bank and in hand | 54/58 | €17,289 | €3,662 | -€13,627 | -78.8% |
| Deferred charges and accrued income | 490/1 | - | €203 | +€203 | |
| Total equity and liabilities | 10/49 | €17,694 | €66,465 | +€48,771 | +275.6% |
| Equity | 10/15 | €17,001 | €12,541 | -€4,460 | -26.2% |
| Contributions | 10/11 | €20,000 | €3,500 | -€16,500 | -82.5% |
| Profit (loss) carried forward | 14 | -€2,999 | €9,041 | +€12,040 | |
| Amounts payable | 17/49 | €693 | €53,923 | +€53,231 | +7684.9% |
| Amounts payable after more than one year | 17 | - | €36,665 | +€36,665 | |
| Financial debts | 170/4 | - | €36,665 | +€36,665 | |
| Amounts payable within one year | 42/48 | €693 | €17,259 | +€16,566 | +2391.6% |
| Current portion of amounts payable after more than one year | 42 | - | €8,335 | +€8,335 | |
| Trade debts | 44 | €464 | €2,364 | +€1,900 | +409.7% |
| Suppliers | 440/4 | €464 | €2,364 | +€1,900 | +409.7% |
| Taxes, remuneration and social security | 45 | - | €3,360 | +€3,360 | |
| Taxes | 450/3 | - | €3,360 | +€3,360 | |
| Other amounts payable | 47/48 | €229 | €3,199 | +€2,971 | +1297.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €315 | +€315 | |
| Other operating charges | 640/8 | - | €1,752 | +€1,752 | |
| Non-recurring operating charges | 66A | - | €1,800 | +€1,800 | |
| Gross operating margin | 9900 | -€2,780 | €19,793 | +€22,573 | |
| Operating profit (loss) | 9901 | -€2,780 | €15,927 | +€18,707 | |
| Financial charges | 65/66B | €219 | €367 | +€148 | +67.8% |
| Recurring financial charges | 65 | €219 | €367 | +€148 | +67.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,999 | €15,559 | +€18,559 | |
| Income taxes | 67/77 | - | €2,686 | +€2,686 | |
| Profit (loss) for the period | 9904 | -€2,999 | €12,873 | +€15,872 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,999 | €12,873 | +€15,872 |
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 9 October 2026 via checked.be.