MAGMA NOVA: 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.
MAGMA NOVA
Largest movements
- Cash +€36,616
up €36,616 (+44.3%), from €82,716 to €119,332
mainly Tax, wage and social debts (+€79,380) and Depreciation (+€30,260)
- Tangible fixed assets -€30,260
down €30,260 (-4.5%), from €670,363 to €640,103
- Tax, wage and social debts +€79,380
up €79,380 (+59.7%), from €133,067 to €212,448
- Profit (loss) carried forward -€45,322
down €45,322 (-8.1%), from -€559,702 to -€605,024
- Debts after one year -€28,476
down €28,476 (-39.7%), from €71,705 to €43,229
of which Financial debts: -€28,976
- Gross operating margin +€6,721
up €6,721 (+8.4%), from €80,322 to €87,043
- Other operating charges -€3,042
down €3,042 (-4.9%), from €61,618 to €58,576
- Financial charges -€1,228
down €1,228 (-21.6%), from €5,680 to €4,452
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €753,079 | €759,434 | +€6,356 | +0.8% |
| Fixed assets | 21/28 | €670,363 | €640,103 | -€30,260 | -4.5% |
| Tangible fixed assets | 22/27 | €670,363 | €640,103 | -€30,260 | -4.5% |
| Land and buildings | 22 | €670,363 | €640,103 | -€30,260 | -4.5% |
| Current assets | 29/58 | €82,716 | €119,332 | +€36,616 | +44.3% |
| Cash at bank and in hand | 54/58 | €82,716 | €119,332 | +€36,616 | +44.3% |
| Total equity and liabilities | 10/49 | €753,079 | €759,434 | +€6,356 | +0.8% |
| Equity | 10/15 | -€181,702 | -€227,024 | -€45,322 | -24.9% |
| Contributions | 10/11 | €378,000 | €378,000 | = | 0.0% |
| Capital | 10 | €378,000 | €378,000 | = | 0.0% |
| Issued capital | 100 | €450,000 | €450,000 | = | 0.0% |
| Uncalled capital | 101 | €72,000 | €72,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€559,702 | -€605,024 | -€45,322 | -8.1% |
| Amounts payable | 17/49 | €934,781 | €986,459 | +€51,678 | +5.5% |
| Amounts payable after more than one year | 17 | €71,705 | €43,229 | -€28,476 | -39.7% |
| Financial debts | 170/4 | €71,295 | €42,319 | -€28,976 | -40.6% |
| Other amounts payable | 178/9 | €410 | €910 | +€500 | +122.0% |
| Amounts payable within one year | 42/48 | €863,076 | €943,230 | +€80,154 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €28,213 | €28,976 | +€764 | +2.7% |
| Taxes, remuneration and social security | 45 | €133,067 | €212,448 | +€79,380 | +59.7% |
| Taxes | 450/3 | €133,067 | €212,448 | +€79,380 | +59.7% |
| Other amounts payable | 47/48 | €701,796 | €701,806 | +€10 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,800 | €30,260 | -€540 | -1.8% |
| Other operating charges | 640/8 | €61,618 | €58,576 | -€3,042 | -4.9% |
| Gross operating margin | 9900 | €80,322 | €87,043 | +€6,721 | +8.4% |
| Operating profit (loss) | 9901 | -€12,096 | -€1,794 | +€10,302 | +85.2% |
| Financial charges | 65/66B | €5,680 | €4,452 | -€1,228 | -21.6% |
| Recurring financial charges | 65 | €5,680 | €4,452 | -€1,228 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,776 | -€6,245 | +€11,531 | +64.9% |
| Income taxes | 67/77 | €39,877 | €39,077 | -€800 | -2.0% |
| Profit (loss) for the period | 9904 | -€57,652 | -€45,322 | +€12,331 | +21.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,652 | -€45,322 | +€12,331 | +21.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.