MAGNECO: 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.
MAGNECO
Largest movements
- Cash +€13,999
up €13,999 (+52.6%), from €26,629 to €40,628
mainly Net result for the year (+€14,420) and Receivables within one year (+€10,387)
- Receivables within one year -€10,387
down €10,387 (-46.6%), from €22,277 to €11,890
of which Trade receivables: -€11,615
- Tangible fixed assets +€4,512
up €4,512 (+95.6%), from €4,718 to €9,230
of which Plant, machinery and equipment: +€5,165
- Reserves +€12,754
up €12,754 (+47.8%), from €26,705 to €39,459
- Trade debts -€5,681
down €5,681 (-57.9%), from €9,819 to €4,138
- Accrued charges and deferred income +€1,053
new in 2025: €1,053
- Gross operating margin -€13,596
down €13,596 (-37.4%), from €36,383 to €22,786
- Taxes -€3,338
down €3,338 (-47.4%), from €7,039 to €3,701
- Depreciation +€2,623
up €2,623 (+380%), from €691 to €3,313
- Financial charges +€1,299
up €1,299 (+2,403%), from €54 to €1,353
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 | €55,378 | €63,201 | +€7,824 | +14.1% |
| Fixed assets | 21/28 | €4,718 | €9,230 | +€4,512 | +95.6% |
| Tangible fixed assets | 22/27 | €4,718 | €9,230 | +€4,512 | +95.6% |
| Plant, machinery and equipment | 23 | €3,297 | €8,462 | +€5,165 | +157% |
| Furniture and vehicles | 24 | €1,421 | €768 | -€653 | -45.9% |
| Current assets | 29/58 | €50,659 | €53,971 | +€3,312 | +6.5% |
| Amounts receivable within one year | 40/41 | €22,277 | €11,890 | -€10,387 | -46.6% |
| Trade receivables | 40 | €22,206 | €10,591 | -€11,615 | -52.3% |
| Other amounts receivable | 41 | €72 | €1,299 | +€1,228 | +1,714% |
| Cash at bank and in hand | 54/58 | €26,629 | €40,628 | +€13,999 | +52.6% |
| Deferred charges and accrued income | 490/1 | €1,752 | €1,452 | -€300 | -17.1% |
| Total equity and liabilities | 10/49 | €55,378 | €63,201 | +€7,824 | +14.1% |
| Equity | 10/15 | €31,705 | €44,459 | +€12,754 | +40.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €26,705 | €39,459 | +€12,754 | +47.8% |
| Distributable reserves | 133 | €26,705 | €39,459 | +€12,754 | +47.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €23,673 | €18,742 | -€4,931 | -20.8% |
| Amounts payable within one year | 42/48 | €23,673 | €17,689 | -€5,984 | -25.3% |
| Trade debts | 44 | €9,819 | €4,138 | -€5,681 | -57.9% |
| Suppliers | 440/4 | €9,819 | €4,138 | -€5,681 | -57.9% |
| Taxes, remuneration and social security | 45 | €11,756 | €11,886 | +€130 | +1.1% |
| Taxes | 450/3 | €9,923 | €10,046 | +€123 | +1.2% |
| Remuneration and social security | 454/9 | €1,833 | €1,840 | +€7 | +0.4% |
| Other amounts payable | 47/48 | €2,098 | €1,666 | -€432 | -20.6% |
| Accrued charges and deferred income | 492/3 | - | €1,053 | +€1,053 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €691 | €3,313 | +€2,623 | +380% |
| Other operating charges | 640/8 | €186 | €0 | -€186 | -100% |
| Gross operating margin | 9900 | €36,383 | €22,786 | -€13,596 | -37.4% |
| Operating profit (loss) | 9901 | €35,506 | €19,473 | -€16,033 | -45.2% |
| Financial income | 75/76B | €9 | €1 | -€8 | -89.1% |
| Recurring financial income | 75 | €9 | €1 | -€8 | -89.1% |
| Financial charges | 65/66B | €54 | €1,353 | +€1,299 | +2,403% |
| Recurring financial charges | 65 | €54 | €1,353 | +€1,299 | +2,403% |
| Profit (loss) for the period before taxes | 9903 | €35,461 | €18,121 | -€17,340 | -48.9% |
| Income taxes | 67/77 | €7,039 | €3,701 | -€3,338 | -47.4% |
| Profit (loss) for the period | 9904 | €28,423 | €14,420 | -€14,002 | -49.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,423 | €14,420 | -€14,002 | -49.3% |
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 27 October 2026 via checked.be.