MAGECO LEASE: 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.
MAGECO LEASE
Largest movements
- Receivables after one year -€199,734
down €199,734 (-14.9%), from €1.3m to €1.1m
- Receivables within one year +€80,619
up €80,619 (+17.5%), from €459,654 to €540,273
of which Trade receivables: +€70,312
- Debts after one year -€133,334
down €133,334 (-16.7%), from €800,004 to €666,670
- Financial income -€2,865
down €2,865 (-9.5%), from €30,225 to €27,360
- Financial charges -€2,172
down €2,172 (-11.9%), from €18,282 to €16,110
- Gross operating margin +€541
up €541 (+20.4%), from -€2,649 to -€2,108
- Other operating charges +€185
up €185 (+19.3%), from €958 to €1,143
- Taxes -€137
down €137 (-6.0%), from €2,272 to €2,135
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 | €1,795,943 | €1,677,274 | -€118,669 | -6.6% |
| Current assets | 29/58 | €1,795,943 | €1,677,274 | -€118,669 | -6.6% |
| Amounts receivable after more than one year | 29 | €1,336,163 | €1,136,429 | -€199,734 | -14.9% |
| Other amounts receivable | 291 | €1,336,163 | €1,136,429 | -€199,734 | -14.9% |
| Amounts receivable within one year | 40/41 | €459,654 | €540,273 | +€80,619 | +17.5% |
| Trade receivables | 40 | €274,083 | €344,395 | +€70,312 | +25.7% |
| Other amounts receivable | 41 | €185,571 | €195,878 | +€10,308 | +5.6% |
| Cash at bank and in hand | 54/58 | €126 | €572 | +€446 | +355% |
| Total equity and liabilities | 10/49 | €1,795,943 | €1,677,274 | -€118,669 | -6.6% |
| Equity | 10/15 | €32,911 | €38,775 | +€5,864 | +17.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €12,911 | €18,775 | +€5,864 | +45.4% |
| Distributable reserves | 133 | €12,911 | €18,775 | +€5,864 | +45.4% |
| Amounts payable | 17/49 | €1,763,031 | €1,638,498 | -€124,533 | -7.1% |
| Amounts payable after more than one year | 17 | €800,004 | €666,670 | -€133,334 | -16.7% |
| Financial debts | 170/4 | €800,004 | €666,670 | -€133,334 | -16.7% |
| Amounts payable within one year | 42/48 | €963,027 | €971,828 | +€8,801 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €133,333 | €133,334 | +€1 | 0.0% |
| Trade debts | 44 | €2,033 | €0 | -€2,033 | -100% |
| Suppliers | 440/4 | €2,033 | €0 | -€2,033 | -100% |
| Taxes, remuneration and social security | 45 | €16,041 | €15,324 | -€716 | -4.5% |
| Taxes | 450/3 | €16,041 | €15,324 | -€716 | -4.5% |
| Other amounts payable | 47/48 | €811,621 | €823,170 | +€11,549 | +1.4% |
| Other operating charges | 640/8 | €958 | €1,143 | +€185 | +19.3% |
| Gross operating margin | 9900 | -€2,649 | -€2,108 | +€541 | +20.4% |
| Operating profit (loss) | 9901 | -€3,607 | -€3,251 | +€356 | +9.9% |
| Financial income | 75/76B | €30,225 | €27,360 | -€2,865 | -9.5% |
| Recurring financial income | 75 | €30,225 | €27,360 | -€2,865 | -9.5% |
| Financial charges | 65/66B | €18,282 | €16,110 | -€2,172 | -11.9% |
| Recurring financial charges | 65 | €18,282 | €16,110 | -€2,172 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €8,336 | €7,999 | -€337 | -4.0% |
| Income taxes | 67/77 | €2,272 | €2,135 | -€137 | -6.0% |
| Profit (loss) for the period | 9904 | €6,064 | €5,864 | -€200 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,064 | €5,864 | -€200 | -3.3% |
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 20 October 2026 via checked.be.