MAGMA IMMO: 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.
What changed
MAGMA IMMO
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€2,119
2024 · -€410-€1,709
Equity
-€16,133
2024 · -€14,014-€2,119
Cash
€5,271
2024 · €7,346-€2,075
Balance sheet total
€611,239
2024 · €649,313-€38,074
Largest movements
Assets
- Tangible fixed assets -€34,700
down €34,700 (-5.4%), from €638,746 to €604,046
Equity and liabilities
- Debts after one year -€37,058
down €37,058 (-6.2%), from €597,891 to €560,833
of which Financial debts: -€35,859
Income statement
- Gross operating margin -€39,821
down €39,821 (-45.3%), from €87,937 to €48,116
- Staff costs -€39,666
no longer reported in 2025 (was €39,666)
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.
Result 2024
-€410
Gross operating margin
-€39,821
Staff costs
+€39,666
Depreciation
-€622
Other operating charges
-€488
Financial income
-€95
Financial charges
-€349
Result 2025
-€2,119
raises the resultlowers the result
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.
From operations
+€34,161
Investment
€0
Financing
-€36,236
Cash 2024
€7,346
From operations (derived)
+€34,161
Net result for the year
-€2,119
Depreciation
+€34,700
Receivables within one year
-€1,401
Deferred charges and accrued income
+€2,700
Tax, wage and social debts
-€1,470
Other debts
+€1,751
Financing
-€36,236
Debts after one year
-€37,058
Current portion of long-term debt
+€822
Cash 2025
€5,271
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €649,313 | €611,239 | -€38,074 | -5.9% |
| Fixed assets | 21/28 | €638,746 | €604,046 | -€34,700 | -5.4% |
| Tangible fixed assets | 22/27 | €638,746 | €604,046 | -€34,700 | -5.4% |
| Land and buildings | 22 | €638,746 | €604,046 | -€34,700 | -5.4% |
| Current assets | 29/58 | €10,567 | €7,193 | -€3,374 | -31.9% |
| Amounts receivable within one year | 40/41 | €521 | €1,922 | +€1,401 | +269% |
| Other amounts receivable | 41 | €521 | €1,922 | +€1,401 | +269% |
| Cash at bank and in hand | 54/58 | €7,346 | €5,271 | -€2,075 | -28.2% |
| Deferred charges and accrued income | 490/1 | €2,700 | - | -€2,700 | |
| Total equity and liabilities | 10/49 | €649,313 | €611,239 | -€38,074 | -5.9% |
| Equity | 10/15 | -€14,014 | -€16,133 | -€2,119 | -15.1% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,514 | -€19,633 | -€2,119 | -12.1% |
| Amounts payable | 17/49 | €663,327 | €627,372 | -€35,955 | -5.4% |
| Amounts payable after more than one year | 17 | €597,891 | €560,833 | -€37,058 | -6.2% |
| Financial debts | 170/4 | €428,915 | €393,056 | -€35,859 | -8.4% |
| Other amounts payable | 178/9 | €168,976 | €167,777 | -€1,199 | -0.7% |
| Amounts payable within one year | 42/48 | €65,436 | €66,539 | +€1,103 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €35,037 | €35,859 | +€822 | +2.3% |
| Advances received on contracts in progress | 46 | €7,650 | €7,650 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,837 | €367 | -€1,470 | -80.0% |
| Taxes | 450/3 | €589 | - | -€589 | |
| Remuneration and social security | 454/9 | €1,248 | €367 | -€881 | -70.6% |
| Other amounts payable | 47/48 | €20,912 | €22,663 | +€1,751 | +8.4% |
| Remuneration, social security and pensions | 62 | €39,666 | - | -€39,666 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,078 | €34,700 | +€622 | +1.8% |
| Other operating charges | 640/8 | €2,803 | €3,291 | +€488 | +17.4% |
| Gross operating margin | 9900 | €87,937 | €48,116 | -€39,821 | -45.3% |
| Operating profit (loss) | 9901 | €11,389 | €10,125 | -€1,264 | -11.1% |
| Financial income | 75/76B | €95 | - | -€95 | |
| Recurring financial income | 75 | €95 | - | -€95 | |
| Financial charges | 65/66B | €11,894 | €12,243 | +€349 | +2.9% |
| Recurring financial charges | 65 | €11,894 | €12,243 | +€349 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | -€410 | -€2,119 | -€1,709 | -417% |
| Profit (loss) for the period | 9904 | -€410 | -€2,119 | -€1,709 | -417% |
| Profit (loss) for the period to be appropriated | 9905 | -€410 | -€2,119 | -€1,709 | -417% |
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 18 October 2026 via checked.be.