MAGRIFFISSIME: 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.
MAGRIFFISSIME
Largest movements
- Cash +€7,697
up €7,697 (+174%), from €4,433 to €12,130
mainly Other debts (+€6,821) and Tax, wage and social debts (+€1,827)
- Deferred charges and accrued income -€288
down €288 (-100%), from €288 to €0
- Other debts +€6,821
up €6,821 (+12.5%), from €54,381 to €61,202
- Trade debts -€2,654
down €2,654 (-54.4%), from €4,882 to €2,228
- Tax, wage and social debts +€1,827
up €1,827 (+45.2%), from €4,042 to €5,869
of which Remuneration and social security: +€1,138
- Profit (loss) carried forward +€1,416
up €1,416 (+2.0%), from -€70,566 to -€69,150
- Purchases and services -€12,706
down €12,706 (-20.9%), from €60,676 to €47,970
- Turnover -€4,337
down €4,337 (-5.2%), from €83,545 to €79,208
- Gross operating margin +€3,909
up €3,909 (+12.9%), from €30,310 to €34,219
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 | €11,340 | €18,749 | +€7,410 | +65.3% |
| Fixed assets | 21/28 | €4,500 | €4,500 | = | 0.0% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €6,840 | €14,249 | +€7,410 | +108% |
| Stocks and contracts in progress | 3 | €2,119 | €2,119 | = | 0.0% |
| Stocks | 30/36 | €2,119 | €2,119 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €4,433 | €12,130 | +€7,697 | +174% |
| Deferred charges and accrued income | 490/1 | €288 | €0 | -€288 | -100% |
| Total equity and liabilities | 10/49 | €11,340 | €18,749 | +€7,410 | +65.3% |
| Equity | 10/15 | -€51,966 | -€50,550 | +€1,416 | +2.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Contributions outside capital | 11 | - | €18,600 | +€18,600 | |
| Share premium | 1100/10 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | -€70,566 | -€69,150 | +€1,416 | +2.0% |
| Amounts payable | 17/49 | €63,306 | €69,299 | +€5,994 | +9.5% |
| Amounts payable within one year | 42/48 | €63,306 | €69,299 | +€5,994 | +9.5% |
| Trade debts | 44 | €4,882 | €2,228 | -€2,654 | -54.4% |
| Suppliers | 440/4 | €4,882 | €2,228 | -€2,654 | -54.4% |
| Taxes, remuneration and social security | 45 | €4,042 | €5,869 | +€1,827 | +45.2% |
| Taxes | 450/3 | €2,555 | €3,245 | +€689 | +27.0% |
| Remuneration and social security | 454/9 | €1,487 | €2,625 | +€1,138 | +76.5% |
| Other amounts payable | 47/48 | €54,381 | €61,202 | +€6,821 | +12.5% |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Turnover | 70 | €83,545 | €79,208 | -€4,337 | -5.2% |
| Non-recurring operating income | 76A | - | €119 | +€119 | |
| Goods, raw materials, services and sundry goods | 60/61 | €60,676 | €47,970 | -€12,706 | -20.9% |
| Remuneration, social security and pensions | 62 | €32,008 | €32,621 | +€613 | +1.9% |
| Other operating charges | 640/8 | €102 | €115 | +€13 | +12.7% |
| Gross operating margin | 9900 | €30,310 | €34,219 | +€3,909 | +12.9% |
| Operating profit (loss) | 9901 | -€1,801 | €1,483 | +€3,283 | |
| Financial income | 75/76B | €7 | €50 | +€43 | +605% |
| Recurring financial income | 75 | €7 | €50 | +€43 | +605% |
| Financial charges | 65/66B | €133 | €117 | -€16 | -11.9% |
| Recurring financial charges | 65 | €133 | €117 | -€16 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,927 | €1,416 | +€3,343 | |
| Profit (loss) for the period | 9904 | -€1,927 | €1,416 | +€3,343 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,927 | €1,416 | +€3,343 |
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 31 October 2026 via checked.be.