Magdavast: 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.
Magdavast
Largest movements
- Receivables within one year +€38,461
up €38,461 (+18.9%), from €203,365 to €241,826
- Tangible fixed assets -€29,607
down €29,607 (-3.5%), from €843,847 to €814,240
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€1,096
up €1,096 (+20.4%), from €5,365 to €6,461
- Gross operating margin -€911
down €911 (-1.8%), from €49,375 to €48,464
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 | €1,071,460 | €1,078,519 | +€7,058 | +0.7% |
| Fixed assets | 21/28 | €843,847 | €814,240 | -€29,607 | -3.5% |
| Tangible fixed assets | 22/27 | €843,847 | €814,240 | -€29,607 | -3.5% |
| Land and buildings | 22 | €843,847 | €814,240 | -€29,607 | -3.5% |
| Current assets | 29/58 | €227,613 | €264,279 | +€36,666 | +16.1% |
| Amounts receivable within one year | 40/41 | €203,365 | €241,826 | +€38,461 | +18.9% |
| Other amounts receivable | 41 | €203,365 | €241,826 | +€38,461 | +18.9% |
| Cash at bank and in hand | 54/58 | €24,248 | €13,707 | -€10,541 | -43.5% |
| Deferred charges and accrued income | 490/1 | - | €8,746 | +€8,746 | |
| Total equity and liabilities | 10/49 | €1,071,460 | €1,078,519 | +€7,058 | +0.7% |
| Equity | 10/15 | €1,067,355 | €1,077,792 | +€10,437 | +1.0% |
| Contributions | 10/11 | €1,040,000 | €1,040,000 | = | 0.0% |
| Reserves | 13 | €27,355 | €37,792 | +€10,437 | +38.2% |
| Distributable reserves | 133 | €27,355 | €37,792 | +€10,437 | +38.2% |
| Amounts payable | 17/49 | €4,106 | €727 | -€3,379 | -82.3% |
| Amounts payable within one year | 42/48 | €4,106 | €727 | -€3,379 | -82.3% |
| Trade debts | 44 | €371 | €247 | -€123 | -33.2% |
| Suppliers | 440/4 | €371 | €247 | -€123 | -33.2% |
| Taxes, remuneration and social security | 45 | €3,735 | €479 | -€3,256 | -87.2% |
| Taxes | 450/3 | €3,735 | €479 | -€3,256 | -87.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,602 | €35,740 | +€138 | +0.4% |
| Other operating charges | 640/8 | €4,964 | €5,107 | +€143 | +2.9% |
| Gross operating margin | 9900 | €49,375 | €48,464 | -€911 | -1.8% |
| Operating profit (loss) | 9901 | €8,809 | €7,616 | -€1,193 | -13.5% |
| Financial income | 75/76B | €5,365 | €6,461 | +€1,096 | +20.4% |
| Recurring financial income | 75 | €5,365 | €6,461 | +€1,096 | +20.4% |
| Financial charges | 65/66B | €178 | €161 | -€18 | -10.0% |
| Recurring financial charges | 65 | €178 | €161 | -€18 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €13,996 | €13,917 | -€79 | -0.6% |
| Income taxes | 67/77 | €3,735 | €3,479 | -€256 | -6.9% |
| Profit (loss) for the period | 9904 | €10,261 | €10,437 | +€177 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,261 | €10,437 | +€177 | +1.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.