MAGERMANS BENOIT: 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.
MAGERMANS BENOIT
Largest movements
- Cash -€14,536
down €14,536 (-54.4%), from €26,728 to €12,192
mainly Receivables within one year (-€9,230) and Other debts (-€8,514)
- Receivables within one year +€9,230
up €9,230 (+45.1%), from €20,464 to €29,695
of which Trade receivables: +€9,045
- Tangible fixed assets -€9,194
down €9,194 (-49.2%), from €18,682 to €9,488
of which Furniture and vehicles: -€10,990
- Deferred charges and accrued income +€2,797
up €2,797 (+512%), from €546 to €3,343
- Other debts -€8,514
down €8,514 (-43.7%), from €19,499 to €10,984
- Trade debts +€7,560
up €7,560 (+251%), from €3,014 to €10,575
- Profit (loss) carried forward -€5,144
down €5,144 (-55.1%), from €9,335 to €4,191
- Debts after one year -€4,803
down €4,803 (-24.0%), from €20,020 to €15,217
- Tax, wage and social debts -€2,222
down €2,222 (-44.9%), from €4,949 to €2,727
of which Taxes: -€2,222
- Gross operating margin +€5,608
up €5,608 (+120%), from €4,665 to €10,273
- Depreciation -€4,788
down €4,788 (-25.3%), from €18,897 to €14,109
- Financial charges +€595
up €595 (+162%), from €367 to €963
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 | €66,421 | €54,718 | -€11,703 | -17.6% |
| Fixed assets | 21/28 | €18,682 | €9,488 | -€9,194 | -49.2% |
| Tangible fixed assets | 22/27 | €18,682 | €9,488 | -€9,194 | -49.2% |
| Plant, machinery and equipment | 23 | €4,889 | €6,685 | +€1,796 | +36.7% |
| Furniture and vehicles | 24 | €13,793 | €2,804 | -€10,990 | -79.7% |
| Current assets | 29/58 | €47,739 | €45,230 | -€2,509 | -5.3% |
| Amounts receivable within one year | 40/41 | €20,464 | €29,695 | +€9,230 | +45.1% |
| Trade receivables | 40 | €20,464 | €29,510 | +€9,045 | +44.2% |
| Other amounts receivable | 41 | - | €185 | +€185 | |
| Cash at bank and in hand | 54/58 | €26,728 | €12,192 | -€14,536 | -54.4% |
| Deferred charges and accrued income | 490/1 | €546 | €3,343 | +€2,797 | +512% |
| Total equity and liabilities | 10/49 | €66,421 | €54,718 | -€11,703 | -17.6% |
| Equity | 10/15 | €14,335 | €9,191 | -€5,144 | -35.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,335 | €4,191 | -€5,144 | -55.1% |
| Amounts payable | 17/49 | €52,086 | €45,527 | -€6,560 | -12.6% |
| Amounts payable after more than one year | 17 | €20,020 | €15,217 | -€4,803 | -24.0% |
| Financial debts | 170/4 | €20,020 | €15,217 | -€4,803 | -24.0% |
| Amounts payable within one year | 42/48 | €32,067 | €29,480 | -€2,587 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €4,605 | €5,194 | +€589 | +12.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €3,014 | €10,575 | +€7,560 | +251% |
| Suppliers | 440/4 | €3,014 | €10,575 | +€7,560 | +251% |
| Taxes, remuneration and social security | 45 | €4,949 | €2,727 | -€2,222 | -44.9% |
| Taxes | 450/3 | €3,149 | €927 | -€2,222 | -70.6% |
| Remuneration and social security | 454/9 | €1,800 | €1,800 | = | 0.0% |
| Other amounts payable | 47/48 | €19,499 | €10,984 | -€8,514 | -43.7% |
| Accrued charges and deferred income | 492/3 | - | €830 | +€830 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,897 | €14,109 | -€4,788 | -25.3% |
| Other operating charges | 640/8 | €278 | €359 | +€81 | +29.0% |
| Gross operating margin | 9900 | €4,665 | €10,273 | +€5,608 | +120% |
| Operating profit (loss) | 9901 | -€14,510 | -€4,196 | +€10,315 | +71.1% |
| Financial income | 75/76B | €9 | €15 | +€5 | +59.8% |
| Recurring financial income | 75 | €9 | €15 | +€5 | +59.8% |
| Financial charges | 65/66B | €367 | €963 | +€595 | +162% |
| Recurring financial charges | 65 | €367 | €963 | +€595 | +162% |
| Profit (loss) for the period before taxes | 9903 | -€14,869 | -€5,144 | +€9,725 | +65.4% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€14,869 | -€5,144 | +€9,725 | +65.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,869 | -€5,144 | +€9,725 | +65.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.