MAGNERY: 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.
MAGNERY
Largest movements
- Receivables within one year +€14,740
up €14,740 (+3088.3%), from €477 to €15,217
of which Trade receivables: +€14,968
- Cash -€4,168
down €4,168 (-36.8%), from €11,328 to €7,160
mainly Receivables within one year (-€14,740) and Net result for the year (-€869)
- Tangible fixed assets -€1,211
down €1,211 (-10.1%), from €11,982 to €10,771
- Tax, wage and social debts +€8,328
up €8,328 (+111.7%), from €7,455 to €15,782
- Other debts +€1,656
new in 2025: €1,656
- Profit (loss) carried forward -€869
down €869 (-1.1%), from -€77,054 to -€77,923
- Trade debts +€489
up €489 (+161.7%), from €303 to €792
- Gross operating margin +€9,396
up €9,396, from -€5,348 to €4,048
- Taxes +€2,002
up €2,002 (+547.2%), from €366 to €2,368
- Other operating charges +€727
up €727 (+126.3%), from €576 to €1,303
- Depreciation +€227
up €227 (+23.0%), from €985 to €1,211
- Financial income -€73
down €73 (-89.0%), from €82 to €9
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 | €26,304 | €35,907 | +€9,604 | +36.5% |
| Fixed assets | 21/28 | €11,982 | €10,771 | -€1,211 | -10.1% |
| Tangible fixed assets | 22/27 | €11,982 | €10,771 | -€1,211 | -10.1% |
| Furniture and vehicles | 24 | €11,982 | €10,771 | -€1,211 | -10.1% |
| Current assets | 29/58 | €14,321 | €25,137 | +€10,815 | +75.5% |
| Amounts receivable within one year | 40/41 | €477 | €15,217 | +€14,740 | +3088.3% |
| Trade receivables | 40 | €250 | €15,217 | +€14,968 | +5997.6% |
| Other amounts receivable | 41 | €228 | - | -€228 | |
| Cash at bank and in hand | 54/58 | €11,328 | €7,160 | -€4,168 | -36.8% |
| Deferred charges and accrued income | 490/1 | €2,516 | €2,759 | +€243 | +9.6% |
| Total equity and liabilities | 10/49 | €26,304 | €35,907 | +€9,604 | +36.5% |
| Equity | 10/15 | -€58,454 | -€59,323 | -€869 | -1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,054 | -€77,923 | -€869 | -1.1% |
| Amounts payable | 17/49 | €84,757 | €95,230 | +€10,473 | +12.4% |
| Amounts payable after more than one year | 17 | €77,000 | €77,000 | = | 0.0% |
| Financial debts | 170/4 | €77,000 | €77,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €7,757 | €18,230 | +€10,473 | +135.0% |
| Trade debts | 44 | €303 | €792 | +€489 | +161.7% |
| Suppliers | 440/4 | €303 | €792 | +€489 | +161.7% |
| Taxes, remuneration and social security | 45 | €7,455 | €15,782 | +€8,328 | +111.7% |
| Taxes | 450/3 | €7,455 | €15,782 | +€8,328 | +111.7% |
| Other amounts payable | 47/48 | - | €1,656 | +€1,656 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €985 | €1,211 | +€227 | +23.0% |
| Other operating charges | 640/8 | €576 | €1,303 | +€727 | +126.3% |
| Gross operating margin | 9900 | -€5,348 | €4,048 | +€9,396 | |
| Operating profit (loss) | 9901 | -€6,908 | €1,533 | +€8,441 | |
| Financial income | 75/76B | €82 | €9 | -€73 | -89.0% |
| Recurring financial income | 75 | €82 | €9 | -€73 | -89.0% |
| Financial charges | 65/66B | €76 | €43 | -€33 | -43.2% |
| Recurring financial charges | 65 | €76 | €43 | -€33 | -43.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,902 | €1,499 | +€8,401 | |
| Income taxes | 67/77 | €366 | €2,368 | +€2,002 | +547.2% |
| Profit (loss) for the period | 9904 | -€7,268 | -€869 | +€6,399 | +88.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,268 | -€869 | +€6,399 | +88.0% |
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 4 October 2026 via checked.be.