MAGOS Consult: 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.
MAGOS Consult
Largest movements
- Cash +€40,742
up €40,742 (+25.5%), from €159,610 to €200,352
mainly Other debts (+€110,173) and Net result for the year (+€47,382)
- Tangible fixed assets -€4,937
down €4,937 (-31.7%), from €15,590 to €10,653
- Receivables within one year -€3,058
down €3,058 (-4.5%), from €67,920 to €64,861
of which Other amounts receivable: -€5,283
- Other debts +€110,173
up €110,173 (+10,738%), from €1,026 to €111,199
- Reserves -€58,580
down €58,580 (-26.8%), from €218,209 to €159,628
of which Distributable reserves: -€58,580
- Tax, wage and social debts -€19,521
down €19,521 (-61.6%), from €31,674 to €12,153
- Gross operating margin -€10,914
down €10,914 (-13.3%), from €82,091 to €71,177
- Staff costs -€7,200
no longer reported in 2025 (was €7,200)
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 | €259,005 | €291,107 | +€32,103 | +12.4% |
| Formation expenses | 20 | €184 | - | -€184 | |
| Fixed assets | 21/28 | €15,590 | €10,653 | -€4,937 | -31.7% |
| Tangible fixed assets | 22/27 | €15,590 | €10,653 | -€4,937 | -31.7% |
| Furniture and vehicles | 24 | €15,590 | €10,653 | -€4,937 | -31.7% |
| Current assets | 29/58 | €243,230 | €280,454 | +€37,224 | +15.3% |
| Amounts receivable after more than one year | 29 | €12,500 | €12,000 | -€500 | -4.0% |
| Other amounts receivable | 291 | €12,500 | €12,000 | -€500 | -4.0% |
| Amounts receivable within one year | 40/41 | €67,920 | €64,861 | -€3,058 | -4.5% |
| Trade receivables | 40 | €40,041 | €42,265 | +€2,225 | +5.6% |
| Other amounts receivable | 41 | €27,879 | €22,596 | -€5,283 | -19.0% |
| Cash at bank and in hand | 54/58 | €159,610 | €200,352 | +€40,742 | +25.5% |
| Deferred charges and accrued income | 490/1 | €3,200 | €3,240 | +€40 | +1.3% |
| Total equity and liabilities | 10/49 | €259,005 | €291,107 | +€32,103 | +12.4% |
| Equity | 10/15 | €221,209 | €162,628 | -€58,580 | -26.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €218,209 | €159,628 | -€58,580 | -26.8% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €300 | €300 | = | 0.0% |
| Distributable reserves | 133 | €217,909 | €159,328 | -€58,580 | -26.9% |
| Amounts payable | 17/49 | €37,796 | €128,479 | +€90,683 | +240% |
| Amounts payable within one year | 42/48 | €37,796 | €128,479 | +€90,683 | +240% |
| Trade debts | 44 | €4,491 | €5,127 | +€636 | +14.2% |
| Suppliers | 440/4 | €4,491 | €5,127 | +€636 | +14.2% |
| Advances received on contracts in progress | 46 | €605 | - | -€605 | |
| Taxes, remuneration and social security | 45 | €31,674 | €12,153 | -€19,521 | -61.6% |
| Taxes | 450/3 | €31,674 | €12,153 | -€19,521 | -61.6% |
| Other amounts payable | 47/48 | €1,026 | €111,199 | +€110,173 | +10,738% |
| Non-recurring operating income | 76A | - | €463 | +€463 | |
| Remuneration, social security and pensions | 62 | €7,200 | - | -€7,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,305 | €5,121 | -€184 | -3.5% |
| Other operating charges | 640/8 | €433 | €507 | +€74 | +17.0% |
| Non-recurring operating charges | 66A | €5,600 | - | -€5,600 | |
| Gross operating margin | 9900 | €82,091 | €71,177 | -€10,914 | -13.3% |
| Operating profit (loss) | 9901 | €63,553 | €65,549 | +€1,996 | +3.1% |
| Financial income | 75/76B | €940 | €350 | -€590 | -62.8% |
| Recurring financial income | 75 | €940 | €350 | -€590 | -62.8% |
| Financial charges | 65/66B | €732 | €165 | -€567 | -77.4% |
| Recurring financial charges | 65 | €732 | €165 | -€567 | -77.4% |
| Profit (loss) for the period before taxes | 9903 | €63,761 | €65,734 | +€1,973 | +3.1% |
| Income taxes | 67/77 | €17,730 | €18,352 | +€622 | +3.5% |
| Profit (loss) for the period | 9904 | €46,031 | €47,382 | +€1,351 | +2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €46,031 | €47,382 | +€1,351 | +2.9% |
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 20 October 2026 via checked.be.