MAGI CONTAINER: 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.
MAGI CONTAINER
Largest movements
- Receivables within one year +€512,116
up €512,116 (+60.6%), from €845,131 to €1.4m
of which Trade receivables: +€400,180
- Cash -€333,007
down €333,007 (-53.1%), from €627,144 to €294,137
mainly Receivables within one year (-€512,116) and Debts after one year (-€180,697)
- Financial fixed assets +€164,738
up €164,738 (+324.7%), from €50,735 to €215,473
- Tangible fixed assets -€150,780
down €150,780 (-38.4%), from €392,826 to €242,046
of which Leasing and similar rights: -€131,180
- Trade debts +€457,721
up €457,721 (+69.3%), from €660,114 to €1.1m
- Debts after one year -€180,697
down €180,697 (-35.4%), from €510,772 to €330,075
- Current portion of long-term debt -€101,137
down €101,137 (-35.8%), from €282,808 to €181,671
- Staff costs +€81,203
up €81,203 (+10.8%), from €750,691 to €831,893
- Taxes -€18,317
down €18,317 (-73.7%), from €24,860 to €6,543
- Gross operating margin +€12,417
up €12,417 (+1.2%), from €1.0m to €1.1m
- Depreciation +€12,251
up €12,251 (+8.6%), from €142,567 to €154,818
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 | €1,931,349 | €2,135,330 | +€203,981 | +10.6% |
| Fixed assets | 21/28 | €443,561 | €457,519 | +€13,958 | +3.1% |
| Tangible fixed assets | 22/27 | €392,826 | €242,046 | -€150,780 | -38.4% |
| Land and buildings | 22 | €127,924 | €124,419 | -€3,506 | -2.7% |
| Plant, machinery and equipment | 23 | €47,144 | €35,789 | -€11,355 | -24.1% |
| Furniture and vehicles | 24 | €12,005 | €7,267 | -€4,739 | -39.5% |
| Leasing and similar rights | 25 | €205,752 | €74,572 | -€131,180 | -63.8% |
| Financial fixed assets | 28 | €50,735 | €215,473 | +€164,738 | +324.7% |
| Current assets | 29/58 | €1,487,789 | €1,677,812 | +€190,023 | +12.8% |
| Amounts receivable after more than one year | 29 | - | €1,426 | +€1,426 | |
| Trade receivables | 290 | - | €1,426 | +€1,426 | |
| Amounts receivable within one year | 40/41 | €845,131 | €1,357,247 | +€512,116 | +60.6% |
| Trade receivables | 40 | €674,134 | €1,074,313 | +€400,180 | +59.4% |
| Other amounts receivable | 41 | €170,997 | €282,933 | +€111,936 | +65.5% |
| Cash at bank and in hand | 54/58 | €627,144 | €294,137 | -€333,007 | -53.1% |
| Deferred charges and accrued income | 490/1 | €15,513 | €25,002 | +€9,489 | +61.2% |
| Total equity and liabilities | 10/49 | €1,931,349 | €2,135,330 | +€203,981 | +10.6% |
| Equity | 10/15 | €442,000 | €451,014 | +€9,014 | +2.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €85,522 | €85,522 | = | 0.0% |
| Distributable reserves | 133 | €85,522 | €85,522 | = | 0.0% |
| Profit (loss) carried forward | 14 | €344,078 | €353,092 | +€9,014 | +2.6% |
| Amounts payable | 17/49 | €1,489,350 | €1,684,316 | +€194,967 | +13.1% |
| Amounts payable after more than one year | 17 | €510,772 | €330,075 | -€180,697 | -35.4% |
| Financial debts | 170/4 | €510,772 | €330,075 | -€180,697 | -35.4% |
| Amounts payable within one year | 42/48 | €978,578 | €1,348,007 | +€369,429 | +37.8% |
| Current portion of amounts payable after more than one year | 42 | €282,808 | €181,671 | -€101,137 | -35.8% |
| Trade debts | 44 | €660,114 | €1,117,835 | +€457,721 | +69.3% |
| Suppliers | 440/4 | €660,114 | €1,117,835 | +€457,721 | +69.3% |
| Advances received on contracts in progress | 46 | €641 | - | -€641 | |
| Taxes, remuneration and social security | 45 | €30,555 | €42,048 | +€11,493 | +37.6% |
| Taxes | 450/3 | - | €6,543 | +€6,543 | |
| Remuneration and social security | 454/9 | €30,555 | €35,505 | +€4,950 | +16.2% |
| Other amounts payable | 47/48 | €4,460 | €6,453 | +€1,992 | +44.7% |
| Accrued charges and deferred income | 492/3 | - | €6,235 | +€6,235 | |
| Remuneration, social security and pensions | 62 | €750,691 | €831,893 | +€81,203 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €142,567 | €154,818 | +€12,251 | +8.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,206 | - | +€3,206 | |
| Other operating charges | 640/8 | €39,731 | €33,247 | -€6,483 | -16.3% |
| Non-recurring operating charges | 66A | - | €1,737 | +€1,737 | |
| Gross operating margin | 9900 | €1,043,646 | €1,056,063 | +€12,417 | +1.2% |
| Operating profit (loss) | 9901 | €113,864 | €34,366 | -€79,498 | -69.8% |
| Financial income | 75/76B | €1,881 | - | -€1,881 | |
| Recurring financial income | 75 | €1,881 | - | -€1,881 | |
| Financial charges | 65/66B | €14,676 | €18,809 | +€4,134 | +28.2% |
| Recurring financial charges | 65 | €14,676 | €18,809 | +€4,134 | +28.2% |
| Profit (loss) for the period before taxes | 9903 | €101,070 | €15,557 | -€85,513 | -84.6% |
| Income taxes | 67/77 | €24,860 | €6,543 | -€18,317 | -73.7% |
| Profit (loss) for the period | 9904 | €76,210 | €9,014 | -€67,196 | -88.2% |
| Profit (loss) for the period to be appropriated | 9905 | €76,210 | €9,014 | -€67,196 | -88.2% |
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.