MAGASIN GENERAL: what changed
MAGASIN GENERAL
Largest movements
- Receivables within one year -€34,580
down €34,580 (-98.1%), from €35,251 to €671
of which Other amounts receivable: -€23,544
- Stocks and contracts -€33,676
down €33,676 (-77.1%), from €43,676 to €10,000
- Tangible fixed assets -€10,522
down €10,522 (-36.7%), from €28,698 to €18,176
of which Other tangible fixed assets: -€8,169
- Cash -€6,051
no longer reported in 2025 (was €6,051)
mainly Net result for the year (-€87,438) and Tax, wage and social debts (-€7,367)
- Profit (loss) carried forward -€87,438
down €87,438, from €23,128 to -€64,310
- Other debts +€8,958
new in 2025: €8,958
- Tax, wage and social debts -€7,367
down €7,367 (-96.8%), from €7,609 to €242
of which Remuneration and social security: -€6,983
- Trade debts +€5,002
up €5,002 (+12.2%), from €40,883 to €45,885
- Short-term financial debts -€1,944
down €1,944 (-7.5%), from €26,032 to €24,088
- Gross operating margin -€96,088
down €96,088, from €79,352 to -€16,736
- Staff costs -€68,976
down €68,976 (-70.3%), from €98,049 to €29,073
- Other operating charges +€24,949
up €24,949 (+2,116%), from €1,179 to €26,128
- Financial charges +€1,645
up €1,645 (+24.3%), from €6,765 to €8,410
- Depreciation -€1,042
down €1,042 (-9.8%), from €10,648 to €9,606
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 | €114,323 | €29,123 | -€85,200 | -74.5% |
| Fixed assets | 21/28 | €28,974 | €18,452 | -€10,522 | -36.3% |
| Tangible fixed assets | 22/27 | €28,698 | €18,176 | -€10,522 | -36.7% |
| Furniture and vehicles | 24 | €7,384 | €5,031 | -€2,353 | -31.9% |
| Other tangible fixed assets | 26 | €21,314 | €13,145 | -€8,169 | -38.3% |
| Financial fixed assets | 28 | €276 | €276 | = | 0.0% |
| Current assets | 29/58 | €85,349 | €10,671 | -€74,678 | -87.5% |
| Stocks and contracts in progress | 3 | €43,676 | €10,000 | -€33,676 | -77.1% |
| Stocks | 30/36 | €43,676 | €10,000 | -€33,676 | -77.1% |
| Amounts receivable within one year | 40/41 | €35,251 | €671 | -€34,580 | -98.1% |
| Trade receivables | 40 | €11,036 | - | -€11,036 | |
| Other amounts receivable | 41 | €24,215 | €671 | -€23,544 | -97.2% |
| Cash at bank and in hand | 54/58 | €6,051 | - | -€6,051 | |
| Deferred charges and accrued income | 490/1 | €371 | - | -€371 | |
| Total equity and liabilities | 10/49 | €114,323 | €29,123 | -€85,200 | -74.5% |
| Equity | 10/15 | €39,007 | -€50,050 | -€89,057 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,128 | -€64,310 | -€87,438 | |
| Investment grants | 15 | €1,619 | - | -€1,619 | |
| Provisions and deferred taxes | 16 | €405 | - | -€405 | |
| Deferred taxes | 168 | €405 | - | -€405 | |
| Amounts payable | 17/49 | €74,911 | €79,173 | +€4,262 | +5.7% |
| Amounts payable within one year | 42/48 | €74,524 | €79,173 | +€4,649 | +6.2% |
| Financial debts | 43 | €26,032 | €24,088 | -€1,944 | -7.5% |
| Credit institutions | 430/8 | €26,032 | €24,088 | -€1,944 | -7.5% |
| Trade debts | 44 | €40,883 | €45,885 | +€5,002 | +12.2% |
| Suppliers | 440/4 | €40,883 | €45,885 | +€5,002 | +12.2% |
| Taxes, remuneration and social security | 45 | €7,609 | €242 | -€7,367 | -96.8% |
| Taxes | 450/3 | €626 | €242 | -€384 | -61.3% |
| Remuneration and social security | 454/9 | €6,983 | - | -€6,983 | |
| Other amounts payable | 47/48 | - | €8,958 | +€8,958 | |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Remuneration, social security and pensions | 62 | €98,049 | €29,073 | -€68,976 | -70.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,648 | €9,606 | -€1,042 | -9.8% |
| Other operating charges | 640/8 | €1,179 | €26,128 | +€24,949 | +2,116% |
| Gross operating margin | 9900 | €79,352 | -€16,736 | -€96,088 | |
| Operating profit (loss) | 9901 | -€30,524 | -€81,543 | -€51,019 | -167% |
| Financial income | 75/76B | €2,196 | €2,184 | -€12 | -0.5% |
| Recurring financial income | 75 | €2,196 | €2,184 | -€12 | -0.5% |
| Financial charges | 65/66B | €6,765 | €8,410 | +€1,645 | +24.3% |
| Recurring financial charges | 65 | €6,765 | €8,410 | +€1,645 | +24.3% |
| Profit (loss) for the period before taxes | 9903 | -€35,093 | -€87,769 | -€52,676 | -150% |
| Transfer from deferred taxes | 780 | €203 | €404 | +€201 | +99.0% |
| Income taxes | 67/77 | €181 | €73 | -€108 | -59.7% |
| Profit (loss) for the period | 9904 | -€35,071 | -€87,438 | -€52,367 | -149% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,071 | -€87,438 | -€52,367 | -149% |
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 5 November 2026 via checked.be.