MAGIMMO: 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.
MAGIMMO
Largest movements
- Tangible fixed assets -€14,623
down €14,623 (-3.0%), from €479,843 to €465,220
of which Land and buildings: -€14,289
- Debts after one year -€12,609
down €12,609 (-4.0%), from €317,367 to €304,757
- Other debts +€9,001
up €9,001 (+89.4%), from €10,069 to €19,069
- Tax, wage and social debts -€5,557
down €5,557 (-88.3%), from €6,292 to €736
- Profit (loss) carried forward -€5,061
down €5,061 (-30.4%), from €16,628 to €11,567
- Gross operating margin -€5,144
down €5,144 (-15.4%), from €33,349 to €28,205
- Financial charges +€2,174
up €2,174 (+17.0%), from €12,814 to €14,988
- Taxes -€736
down €736 (-100.0%), from €736 to €0
- Other operating charges +€445
up €445 (+13.9%), from €3,210 to €3,654
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 | €487,938 | €474,258 | -€13,679 | -2.8% |
| Fixed assets | 21/28 | €479,843 | €465,220 | -€14,623 | -3.0% |
| Tangible fixed assets | 22/27 | €479,843 | €465,220 | -€14,623 | -3.0% |
| Land and buildings | 22 | €478,252 | €463,964 | -€14,289 | -3.0% |
| Plant, machinery and equipment | 23 | €1,590 | €1,256 | -€335 | -21.0% |
| Current assets | 29/58 | €8,095 | €9,039 | +€944 | +11.7% |
| Amounts receivable within one year | 40/41 | €3,502 | €624 | -€2,878 | -82.2% |
| Trade receivables | 40 | €3,502 | €624 | -€2,878 | -82.2% |
| Cash at bank and in hand | 54/58 | €2,769 | €6,263 | +€3,494 | +126.2% |
| Deferred charges and accrued income | 490/1 | €1,823 | €2,152 | +€329 | +18.0% |
| Total equity and liabilities | 10/49 | €487,938 | €474,258 | -€13,679 | -2.8% |
| Equity | 10/15 | €141,450 | €136,389 | -€5,061 | -3.6% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €875 | €875 | = | 0.0% |
| Non-distributable reserves | 130/1 | €875 | €875 | = | 0.0% |
| Legal reserve | 130 | €875 | €875 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,628 | €11,567 | -€5,061 | -30.4% |
| Amounts payable | 17/49 | €346,488 | €337,869 | -€8,618 | -2.5% |
| Amounts payable after more than one year | 17 | €317,367 | €304,757 | -€12,609 | -4.0% |
| Financial debts | 170/4 | €317,367 | €304,757 | -€12,609 | -4.0% |
| Amounts payable within one year | 42/48 | €29,121 | €33,112 | +€3,991 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €12,055 | €12,609 | +€554 | +4.6% |
| Trade debts | 44 | €705 | €697 | -€8 | -1.1% |
| Suppliers | 440/4 | €705 | €697 | -€8 | -1.1% |
| Taxes, remuneration and social security | 45 | €6,292 | €736 | -€5,557 | -88.3% |
| Taxes | 450/3 | €6,292 | €736 | -€5,557 | -88.3% |
| Other amounts payable | 47/48 | €10,069 | €19,069 | +€9,001 | +89.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,626 | €14,623 | -€3 | 0.0% |
| Other operating charges | 640/8 | €3,210 | €3,654 | +€445 | +13.9% |
| Gross operating margin | 9900 | €33,349 | €28,205 | -€5,144 | -15.4% |
| Operating profit (loss) | 9901 | €15,514 | €9,927 | -€5,586 | -36.0% |
| Financial charges | 65/66B | €12,814 | €14,988 | +€2,174 | +17.0% |
| Recurring financial charges | 65 | €12,814 | €14,988 | +€2,174 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €2,700 | -€5,061 | -€7,761 | |
| Income taxes | 67/77 | €736 | €0 | -€736 | -100.0% |
| Profit (loss) for the period | 9904 | €1,964 | -€5,061 | -€7,025 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,964 | -€5,061 | -€7,025 |
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 8 October 2026 via checked.be.