MAGDA IMMO: what changed
Two fiscal 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.
MAGDA IMMO
Largest movements
- Stocks and contracts +€351,629
up €351,629 (+78.2%), from €449,712 to €801,341
- Debts after one year +€360,354
up €360,354 (+91.7%), from €392,916 to €753,270
- Gross operating margin +€6,443
up €6,443 (+60.8%), from -€10,602 to -€4,159
- Purchases and services -€6,443
down €6,443 (-60.8%), from €10,602 to €4,159
- Financial charges -€1,677
down €1,677 (-91.4%), from €1,835 to €158
- Other operating charges +€664
up €664 (+1010.4%), from €66 to €730
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.
Cash bridge derived
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 | €603,246 | €958,041 | +€354,795 | +58.8% |
| Fixed assets | 21/28 | €150,000 | €151,250 | +€1,250 | +0.8% |
| Tangible fixed assets | 22/27 | €150,000 | €150,000 | = | 0.0% |
| Land and buildings | 22 | €150,000 | €150,000 | = | 0.0% |
| Financial fixed assets | 28 | - | €1,250 | +€1,250 | |
| Current assets | 29/58 | €453,246 | €806,791 | +€353,545 | +78.0% |
| Stocks and contracts in progress | 3 | €449,712 | €801,341 | +€351,629 | +78.2% |
| Stocks | 30/36 | €449,712 | €801,341 | +€351,629 | +78.2% |
| Amounts receivable within one year | 40/41 | €683 | €1,003 | +€320 | +46.9% |
| Other amounts receivable | 41 | €683 | €1,003 | +€320 | +46.9% |
| Cash at bank and in hand | 54/58 | €2,198 | €4,448 | +€2,250 | +102.3% |
| Deferred charges and accrued income | 490/1 | €654 | - | -€654 | |
| Total equity and liabilities | 10/49 | €603,246 | €958,041 | +€354,795 | +58.8% |
| Equity | 10/15 | €43,757 | €38,710 | -€5,047 | -11.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Revaluation surpluses | 12 | €36,500 | €36,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,243 | -€59,290 | -€5,047 | -9.3% |
| Amounts payable | 17/49 | €559,489 | €919,331 | +€359,842 | +64.3% |
| Amounts payable after more than one year | 17 | €392,916 | €753,270 | +€360,354 | +91.7% |
| Financial debts | 170/4 | €392,916 | €753,270 | +€360,354 | +91.7% |
| Amounts payable within one year | 42/48 | €166,477 | €165,964 | -€513 | -0.3% |
| Trade debts | 44 | - | €383 | +€383 | |
| Suppliers | 440/4 | - | €383 | +€383 | |
| Taxes, remuneration and social security | 45 | €21 | €21 | = | 0.0% |
| Taxes | 450/3 | €21 | €21 | = | 0.0% |
| Other amounts payable | 47/48 | €166,456 | €165,560 | -€896 | -0.5% |
| Accrued charges and deferred income | 492/3 | €96 | €97 | +€1 | +1.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €10,602 | €4,159 | -€6,443 | -60.8% |
| Other operating charges | 640/8 | €66 | €730 | +€664 | +1010.4% |
| Gross operating margin | 9900 | -€10,602 | -€4,159 | +€6,443 | +60.8% |
| Operating profit (loss) | 9901 | -€10,668 | -€4,889 | +€5,779 | +54.2% |
| Financial income | 75/76B | €12 | - | -€12 | |
| Recurring financial income | 75 | €12 | - | -€12 | |
| Financial charges | 65/66B | €1,835 | €158 | -€1,677 | -91.4% |
| Recurring financial charges | 65 | €1,835 | €158 | -€1,677 | -91.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,491 | -€5,047 | +€7,444 | +59.6% |
| Profit (loss) for the period | 9904 | -€12,491 | -€5,047 | +€7,444 | +59.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,491 | -€5,047 | +€7,444 | +59.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.