MAGNAS: 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.
MAGNAS
Largest movements
- Cash +€18,498
up €18,498 (+108%), from €17,131 to €35,629
mainly Net result for the year (+€15,962) and Tax, wage and social debts (+€6,087)
- Receivables within one year +€1,976
up €1,976 (+18.8%), from €10,523 to €12,499
of which Other amounts receivable: +€2,110
- Tangible fixed assets +€1,135
up €1,135 (+443%), from €256 to €1,391
- Profit (loss) carried forward +€15,962
up €15,962 (+89.5%), from €17,842 to €33,804
- Tax, wage and social debts +€6,087
up €6,087 (+98.2%), from €6,198 to €12,285
- Gross operating margin -€4,888
down €4,888 (-18.1%), from €27,014 to €22,126
- Depreciation -€2,791
down €2,791 (-87.8%), from €3,181 to €389
- Financial income +€345
up €345 (+139%), from €247 to €592
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 | €27,911 | €49,587 | +€21,676 | +77.7% |
| Fixed assets | 21/28 | €256 | €1,391 | +€1,135 | +443% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €256 | €1,391 | +€1,135 | +443% |
| Furniture and vehicles | 24 | €256 | €1,391 | +€1,135 | +443% |
| Current assets | 29/58 | €27,654 | €48,196 | +€20,542 | +74.3% |
| Amounts receivable within one year | 40/41 | €10,523 | €12,499 | +€1,976 | +18.8% |
| Trade receivables | 40 | €2,361 | €2,226 | -€135 | -5.7% |
| Other amounts receivable | 41 | €8,162 | €10,273 | +€2,110 | +25.9% |
| Cash at bank and in hand | 54/58 | €17,131 | €35,629 | +€18,498 | +108% |
| Deferred charges and accrued income | 490/1 | - | €68 | +€68 | |
| Total equity and liabilities | 10/49 | €27,911 | €49,587 | +€21,676 | +77.7% |
| Equity | 10/15 | €20,842 | €36,804 | +€15,962 | +76.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,842 | €33,804 | +€15,962 | +89.5% |
| Amounts payable | 17/49 | €7,069 | €12,783 | +€5,714 | +80.8% |
| Amounts payable within one year | 42/48 | €7,069 | €12,783 | +€5,714 | +80.8% |
| Trade debts | 44 | €871 | €498 | -€373 | -42.8% |
| Suppliers | 440/4 | €871 | €498 | -€373 | -42.8% |
| Taxes, remuneration and social security | 45 | €6,198 | €12,285 | +€6,087 | +98.2% |
| Taxes | 450/3 | €6,198 | €12,285 | +€6,087 | +98.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,181 | €389 | -€2,791 | -87.8% |
| Other operating charges | 640/8 | - | €200 | +€200 | |
| Gross operating margin | 9900 | €27,014 | €22,126 | -€4,888 | -18.1% |
| Operating profit (loss) | 9901 | €23,833 | €21,536 | -€2,297 | -9.6% |
| Financial income | 75/76B | €247 | €592 | +€345 | +139% |
| Recurring financial income | 75 | €247 | €592 | +€345 | +139% |
| Financial charges | 65/66B | €41 | €79 | +€38 | +92.1% |
| Recurring financial charges | 65 | €41 | €79 | +€38 | +92.1% |
| Profit (loss) for the period before taxes | 9903 | €24,039 | €22,049 | -€1,990 | -8.3% |
| Income taxes | 67/77 | €6,198 | €6,087 | -€111 | -1.8% |
| Profit (loss) for the period | 9904 | €17,842 | €15,962 | -€1,879 | -10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,842 | €15,962 | -€1,879 | -10.5% |
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 17 October 2026 via checked.be.