MAGRE: 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.
MAGRE
Largest movements
- Cash +€546
up €546 (+9.2%), from €5,944 to €6,490
mainly Trade debts (+€3,663) and Net result for the year (+€1,705)
- Trade debts +€3,663
up €3,663 (+75.4%), from €4,857 to €8,520
- Other debts -€2,640
down €2,640 (-10.9%), from €24,221 to €21,582
- Tax, wage and social debts -€2,182
down €2,182 (-83.4%), from €2,615 to €433
- Profit (loss) carried forward +€1,705
up €1,705 (+1.9%), from -€87,870 to -€86,166
- Gross operating margin +€3,144
up €3,144, from -€994 to €2,150
- Other operating charges -€821
down €821 (-92.6%), from €887 to €66
- Financial charges -€67
down €67 (-15.0%), from €448 to €381
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 | €13,784 | €14,329 | +€546 | +4.0% |
| Fixed assets | 21/28 | €6,185 | €6,185 | = | 0.0% |
| Financial fixed assets | 28 | €6,185 | €6,185 | = | 0.0% |
| Current assets | 29/58 | €7,599 | €8,144 | +€546 | +7.2% |
| Stocks and contracts in progress | 3 | €1,655 | €1,655 | = | 0.0% |
| Stocks | 30/36 | €1,655 | €1,655 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,944 | €6,490 | +€546 | +9.2% |
| Total equity and liabilities | 10/49 | €13,784 | €14,329 | +€546 | +4.0% |
| Equity | 10/15 | -€44,910 | -€43,206 | +€1,705 | +3.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €22,500 | €22,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,500 | €22,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,870 | -€86,166 | +€1,705 | +1.9% |
| Amounts payable | 17/49 | €58,694 | €57,535 | -€1,159 | -2.0% |
| Amounts payable after more than one year | 17 | €27,000 | €27,000 | = | 0.0% |
| Financial debts | 170/4 | €27,000 | €27,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €31,694 | €30,535 | -€1,159 | -3.7% |
| Trade debts | 44 | €4,857 | €8,520 | +€3,663 | +75.4% |
| Suppliers | 440/4 | €4,857 | €8,520 | +€3,663 | +75.4% |
| Taxes, remuneration and social security | 45 | €2,615 | €433 | -€2,182 | -83.4% |
| Taxes | 450/3 | €2,615 | €433 | -€2,182 | -83.4% |
| Other amounts payable | 47/48 | €24,221 | €21,582 | -€2,640 | -10.9% |
| Other operating charges | 640/8 | €887 | €66 | -€821 | -92.6% |
| Gross operating margin | 9900 | -€994 | €2,150 | +€3,144 | |
| Operating profit (loss) | 9901 | -€1,881 | €2,085 | +€3,965 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €448 | €381 | -€67 | -15.0% |
| Recurring financial charges | 65 | €448 | €381 | -€67 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,328 | €1,705 | +€4,033 | |
| Profit (loss) for the period | 9904 | -€2,328 | €1,705 | +€4,033 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,328 | €1,705 | +€4,033 |
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 14 October 2026 via checked.be.