MAGOMA: 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.
MAGOMA
Largest movements
- Receivables within one year +€30,729
up €30,729 (+7246.1%), from €424 to €31,153
of which Trade receivables: +€30,982
- Intangible fixed assets -€4,049
down €4,049 (-38.4%), from €10,549 to €6,500
- Cash -€2,507
down €2,507 (-48.9%), from €5,125 to €2,618
mainly Receivables within one year (-€30,729)
- Profit (loss) carried forward +€22,200
up €22,200 (+93.8%), from -€23,666 to -€1,467
- Other debts +€1,406
up €1,406 (+27.2%), from €5,162 to €6,568
- Gross operating margin +€31,111
up €31,111, from -€4,424 to €26,686
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 | €16,505 | €40,476 | +€23,972 | +145.2% |
| Formation expenses | 20 | €407 | €205 | -€201 | -49.5% |
| Fixed assets | 21/28 | €10,549 | €6,500 | -€4,049 | -38.4% |
| Intangible fixed assets | 21 | €10,549 | €6,500 | -€4,049 | -38.4% |
| Current assets | 29/58 | €5,549 | €33,771 | +€28,222 | +508.6% |
| Amounts receivable within one year | 40/41 | €424 | €31,153 | +€30,729 | +7246.1% |
| Trade receivables | 40 | €35 | €31,017 | +€30,982 | +88318.2% |
| Other amounts receivable | 41 | €389 | €136 | -€253 | -65.1% |
| Cash at bank and in hand | 54/58 | €5,125 | €2,618 | -€2,507 | -48.9% |
| Total equity and liabilities | 10/49 | €16,505 | €40,476 | +€23,972 | +145.2% |
| Equity | 10/15 | €11,334 | €33,533 | +€22,200 | +195.9% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Capital | 10 | €35,000 | €35,000 | = | 0.0% |
| Issued capital | 100 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,666 | -€1,467 | +€22,200 | +93.8% |
| Amounts payable | 17/49 | €5,171 | €6,943 | +€1,772 | +34.3% |
| Amounts payable within one year | 42/48 | €5,171 | €6,943 | +€1,772 | +34.3% |
| Trade debts | 44 | €9 | €375 | +€366 | +4057.4% |
| Suppliers | 440/4 | €9 | €375 | +€366 | +4057.4% |
| Other amounts payable | 47/48 | €5,162 | €6,568 | +€1,406 | +27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,250 | €4,250 | -€0 | 0.0% |
| Gross operating margin | 9900 | -€4,424 | €26,686 | +€31,111 | |
| Operating profit (loss) | 9901 | -€8,674 | €22,436 | +€31,111 | |
| Financial charges | 65/66B | €137 | €237 | +€100 | +73.1% |
| Recurring financial charges | 65 | €137 | €237 | +€100 | +73.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,811 | €22,200 | +€31,011 | |
| Profit (loss) for the period | 9904 | -€8,811 | €22,200 | +€31,011 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,811 | €22,200 | +€31,011 |
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 11 October 2026 via checked.be.