MAGYX: 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.
MAGYX
Largest movements
- Tangible fixed assets -€12,645
down €12,645 (-6.5%), from €193,236 to €180,592
of which Land and buildings: -€14,271
- Intangible fixed assets +€9,511
new in 2025: €9,511
- Stocks and contracts -€6,884
down €6,884 (-15.1%), from €45,649 to €38,765
- Receivables within one year -€5,403
down €5,403 (-18.2%), from €29,675 to €24,272
of which Trade receivables: -€5,521
- Debts after one year -€32,735
down €32,735 (-33.4%), from €98,114 to €65,379
- Profit (loss) carried forward +€14,963
up €14,963 (+18.9%), from €79,118 to €94,082
- Gross operating margin +€15,417
up €15,417 (+50.4%), from €30,580 to €45,997
- Taxes +€3,069
up €3,069 (+201%), from €1,524 to €4,594
- Depreciation +€1,423
up €1,423 (+8.4%), from €16,862 to €18,285
- Financial charges -€543
down €543 (-15.6%), from €3,485 to €2,941
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 | €297,381 | €283,662 | -€13,719 | -4.6% |
| Fixed assets | 21/28 | €194,821 | €191,688 | -€3,133 | -1.6% |
| Intangible fixed assets | 21 | - | €9,511 | +€9,511 | |
| Tangible fixed assets | 22/27 | €193,236 | €180,592 | -€12,645 | -6.5% |
| Land and buildings | 22 | €185,526 | €171,254 | -€14,271 | -7.7% |
| Plant, machinery and equipment | 23 | €4,603 | €3,403 | -€1,200 | -26.1% |
| Furniture and vehicles | 24 | €3,108 | €5,935 | +€2,827 | +90.9% |
| Financial fixed assets | 28 | €1,585 | €1,585 | = | 0.0% |
| Current assets | 29/58 | €102,560 | €91,974 | -€10,585 | -10.3% |
| Stocks and contracts in progress | 3 | €45,649 | €38,765 | -€6,884 | -15.1% |
| Stocks | 30/36 | €45,649 | €38,765 | -€6,884 | -15.1% |
| Amounts receivable within one year | 40/41 | €29,675 | €24,272 | -€5,403 | -18.2% |
| Trade receivables | 40 | €28,933 | €23,412 | -€5,521 | -19.1% |
| Other amounts receivable | 41 | €742 | €860 | +€118 | +15.9% |
| Cash at bank and in hand | 54/58 | €26,087 | €28,769 | +€2,682 | +10.3% |
| Deferred charges and accrued income | 490/1 | €1,149 | €168 | -€981 | -85.3% |
| Total equity and liabilities | 10/49 | €297,381 | €283,662 | -€13,719 | -4.6% |
| Equity | 10/15 | €99,578 | €114,542 | +€14,963 | +15.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | €1,860 | +€1,860 | |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €79,118 | €94,082 | +€14,963 | +18.9% |
| Amounts payable | 17/49 | €197,803 | €169,121 | -€28,682 | -14.5% |
| Amounts payable after more than one year | 17 | €98,114 | €65,379 | -€32,735 | -33.4% |
| Financial debts | 170/4 | €98,114 | €65,379 | -€32,735 | -33.4% |
| Amounts payable within one year | 42/48 | €98,669 | €102,722 | +€4,053 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €32,178 | €32,735 | +€557 | +1.7% |
| Trade debts | 44 | €42,802 | €45,354 | +€2,552 | +6.0% |
| Suppliers | 440/4 | €42,802 | €45,354 | +€2,552 | +6.0% |
| Taxes, remuneration and social security | 45 | €3,688 | €4,633 | +€945 | +25.6% |
| Taxes | 450/3 | €3,688 | €4,633 | +€945 | +25.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €20,000 | €20,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,020 | €1,020 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €199 | - | -€199 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,862 | €18,285 | +€1,423 | +8.4% |
| Other operating charges | 640/8 | €5,080 | €5,215 | +€134 | +2.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €30,580 | €45,997 | +€15,417 | +50.4% |
| Operating profit (loss) | 9901 | €8,439 | €22,498 | +€14,059 | +167% |
| Financial income | 75/76B | €88 | €1 | -€88 | -99.3% |
| Recurring financial income | 75 | €88 | €1 | -€88 | -99.3% |
| Financial charges | 65/66B | €3,485 | €2,941 | -€543 | -15.6% |
| Recurring financial charges | 65 | €3,485 | €2,941 | -€543 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €5,042 | €19,557 | +€14,515 | +288% |
| Income taxes | 67/77 | €1,524 | €4,594 | +€3,069 | +201% |
| Profit (loss) for the period | 9904 | €3,518 | €14,963 | +€11,445 | +325% |
| Profit (loss) for the period to be appropriated | 9905 | €3,518 | €14,963 | +€11,445 | +325% |
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 15 October 2026 via checked.be.