ANTHONY MAGNUS: what changed
ANTHONY MAGNUS
Largest movements
- Current investments +€78,091
new in 2025: €78,091
- Cash -€6,298
down €6,298 (-4.4%), from €141,752 to €135,454
mainly Current investments (-€78,091) and Trade debts (-€800)
- Reserves +€50,787
up €50,787 (+76.1%), from €66,776 to €117,563
- Other debts +€13,542
up €13,542 (+25.9%), from €52,309 to €65,851
- Tax, wage and social debts +€7,338
up €7,338 (+70.0%), from €10,480 to €17,817
of which Taxes: +€7,223
- Staff costs -€36,904
down €36,904 (-100%), from €36,904 to €0
- Gross operating margin -€14,546
down €14,546 (-16.6%), from €87,507 to €72,961
- Taxes +€6,409
up €6,409 (+45.7%), from €14,018 to €20,427
- Financial charges +€1,422
up €1,422 (+2,034%), from €70 to €1,492
of which Non-recurring financial charges: +€1,425
- Depreciation -€1,239
down €1,239 (-61.0%), from €2,030 to €791
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €151,409 | €222,274 | +€70,866 | +46.8% |
| Fixed assets | 21/28 | €2,260 | €1,469 | -€791 | -35.0% |
| Tangible fixed assets | 22/27 | €2,260 | €1,469 | -€791 | -35.0% |
| Plant, machinery and equipment | 23 | €2,260 | €1,469 | -€791 | -35.0% |
| Current assets | 29/58 | €149,148 | €220,805 | +€71,657 | +48.0% |
| Amounts receivable within one year | 40/41 | €7,396 | €7,260 | -€136 | -1.8% |
| Trade receivables | 40 | €7,396 | €7,260 | -€136 | -1.8% |
| Current investments | 50/53 | - | €78,091 | +€78,091 | |
| Cash at bank and in hand | 54/58 | €141,752 | €135,454 | -€6,298 | -4.4% |
| Total equity and liabilities | 10/49 | €151,409 | €222,274 | +€70,866 | +46.8% |
| Equity | 10/15 | €86,887 | €137,674 | +€50,787 | +58.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €66,776 | €117,563 | +€50,787 | +76.1% |
| Distributable reserves | 133 | €66,776 | €117,563 | +€50,787 | +76.1% |
| Profit (loss) carried forward | 14 | €18,111 | €18,111 | = | 0.0% |
| Amounts payable | 17/49 | €64,521 | €84,600 | +€20,079 | +31.1% |
| Amounts payable within one year | 42/48 | €64,521 | €84,600 | +€20,079 | +31.1% |
| Trade debts | 44 | €1,733 | €933 | -€800 | -46.2% |
| Suppliers | 440/4 | €1,733 | €933 | -€800 | -46.2% |
| Taxes, remuneration and social security | 45 | €10,480 | €17,817 | +€7,338 | +70.0% |
| Taxes | 450/3 | €8,207 | €15,430 | +€7,223 | +88.0% |
| Remuneration and social security | 454/9 | €2,273 | €2,388 | +€115 | +5.0% |
| Other amounts payable | 47/48 | €52,309 | €65,851 | +€13,542 | +25.9% |
| Remuneration, social security and pensions | 62 | €36,904 | €0 | -€36,904 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,030 | €791 | -€1,239 | -61.0% |
| Other operating charges | 640/8 | €979 | €128 | -€851 | -86.9% |
| Gross operating margin | 9900 | €87,507 | €72,961 | -€14,546 | -16.6% |
| Operating profit (loss) | 9901 | €47,594 | €72,042 | +€24,447 | +51.4% |
| Financial income | 75/76B | €16 | €664 | +€648 | +4,044% |
| Recurring financial income | 75 | €16 | €644 | +€628 | +3,918% |
| Non-recurring financial income | 76B | - | €20 | +€20 | |
| Financial charges | 65/66B | €70 | €1,492 | +€1,422 | +2,034% |
| Recurring financial charges | 65 | €70 | €66 | -€4 | -5.1% |
| Non-recurring financial charges | 66B | - | €1,425 | +€1,425 | |
| Profit (loss) for the period before taxes | 9903 | €47,540 | €71,214 | +€23,674 | +49.8% |
| Income taxes | 67/77 | €14,018 | €20,427 | +€6,409 | +45.7% |
| Profit (loss) for the period | 9904 | €33,522 | €50,787 | +€17,264 | +51.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,522 | €50,787 | +€17,264 | +51.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.