MAGNESIA: 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.
MAGNESIA
Largest movements
- Receivables within one year -€280,403
down €280,403 (-43.1%), from €650,318 to €369,915
of which Other amounts receivable: -€293,174
- Tangible fixed assets +€248,910
up €248,910 (+57435.9%), from €433 to €249,343
of which Land and buildings: +€249,343
- Profit (loss) carried forward -€35,152
down €35,152 (-2.0%), from €1.8m to €1.8m
- Gross operating margin +€12,803
up €12,803 (+33.1%), from €38,657 to €51,460
- Taxes +€2,226
up €2,226 (+16.2%), from €13,726 to €15,952
- Financial charges +€2,056
up €2,056 (+97.7%), from €2,105 to €4,161
- Financial income +€726
up €726 (+5.2%), from €13,936 to €14,662
- Depreciation +€624
up €624 (+133.7%), from €466 to €1,090
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 | €2,354,189 | €2,327,099 | -€27,090 | -1.2% |
| Fixed assets | 21/28 | €1,598,182 | €1,847,091 | +€248,910 | +15.6% |
| Tangible fixed assets | 22/27 | €433 | €249,343 | +€248,910 | +57435.9% |
| Land and buildings | 22 | - | €249,343 | +€249,343 | |
| Furniture and vehicles | 24 | €433 | - | -€433 | |
| Financial fixed assets | 28 | €1,597,748 | €1,597,748 | = | 0.0% |
| Current assets | 29/58 | €756,007 | €480,008 | -€276,000 | -36.5% |
| Amounts receivable within one year | 40/41 | €650,318 | €369,915 | -€280,403 | -43.1% |
| Trade receivables | 40 | €11,580 | €24,351 | +€12,771 | +110.3% |
| Other amounts receivable | 41 | €638,739 | €345,565 | -€293,174 | -45.9% |
| Cash at bank and in hand | 54/58 | €105,689 | €110,038 | +€4,349 | +4.1% |
| Deferred charges and accrued income | 490/1 | - | €54 | +€54 | |
| Total equity and liabilities | 10/49 | €2,354,189 | €2,327,099 | -€27,090 | -1.2% |
| Equity | 10/15 | €2,340,797 | €2,305,645 | -€35,152 | -1.5% |
| Contributions | 10/11 | €519,000 | €519,000 | = | 0.0% |
| Reserves | 13 | €27,415 | €27,415 | = | 0.0% |
| Distributable reserves | 133 | €27,415 | €27,415 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,794,382 | €1,759,230 | -€35,152 | -2.0% |
| Amounts payable | 17/49 | €13,392 | €21,454 | +€8,063 | +60.2% |
| Amounts payable within one year | 42/48 | €13,392 | €21,454 | +€8,063 | +60.2% |
| Trade debts | 44 | €774 | €12,286 | +€11,511 | +1486.5% |
| Suppliers | 440/4 | €774 | €12,286 | +€11,511 | +1486.5% |
| Taxes, remuneration and social security | 45 | €12,617 | €9,169 | -€3,449 | -27.3% |
| Taxes | 450/3 | €12,617 | €9,169 | -€3,449 | -27.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €466 | €1,090 | +€624 | +133.7% |
| Other operating charges | 640/8 | €46 | €71 | +€25 | +54.3% |
| Gross operating margin | 9900 | €38,657 | €51,460 | +€12,803 | +33.1% |
| Operating profit (loss) | 9901 | €38,145 | €50,299 | +€12,154 | +31.9% |
| Financial income | 75/76B | €13,936 | €14,662 | +€726 | +5.2% |
| Recurring financial income | 75 | €13,936 | €14,662 | +€726 | +5.2% |
| Financial charges | 65/66B | €2,105 | €4,161 | +€2,056 | +97.7% |
| Recurring financial charges | 65 | €2,105 | €4,161 | +€2,056 | +97.7% |
| Profit (loss) for the period before taxes | 9903 | €49,977 | €60,800 | +€10,824 | +21.7% |
| Income taxes | 67/77 | €13,726 | €15,952 | +€2,226 | +16.2% |
| Profit (loss) for the period | 9904 | €36,251 | €44,848 | +€8,597 | +23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €36,251 | €44,848 | +€8,597 | +23.7% |
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 10 October 2026 via checked.be.