MAGNETS FOR EMULSIONS: 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.
MAGNETS FOR EMULSIONS
Largest movements
- Stocks and contracts +€163,969
up €163,969 (+240%), from €68,417 to €232,385
- Tangible fixed assets -€22,463
down €22,463 (-36.2%), from €62,129 to €39,667
- Cash -€21,553
down €21,553 (-28.9%), from €74,642 to €53,090
mainly Stocks and contracts (-€163,969) and Net result for the year (-€69,935)
- Deferred charges and accrued income +€16,133
up €16,133 (+2,511%), from €643 to €16,776
- Intangible fixed assets +€10,224
up €10,224 (+34.9%), from €29,309 to €39,534
- Advances received +€196,304
up €196,304 (+289%), from €67,968 to €264,272
- Profit (loss) carried forward -€69,935
down €69,935 (-7.7%), from -€908,580 to -€978,515
- Other debts +€20,151
up €20,151 (+7.7%), from €261,590 to €281,741
- Tax, wage and social debts +€13,515
new in 2025: €13,515
- Trade debts -€11,812
down €11,812 (-36.4%), from €32,407 to €20,595
- Gross operating margin -€17,267
down €17,267 (-178%), from -€9,707 to -€26,974
- Financial income +€4,300
new in 2025: €4,300
- Depreciation +€4,039
up €4,039 (+10.5%), from €38,468 to €42,508
- Financial charges +€3,941
up €3,941 (+1,383%), from €285 to €4,226
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 | €245,187 | €392,825 | +€147,639 | +60.2% |
| Fixed assets | 21/28 | €91,439 | €79,200 | -€12,238 | -13.4% |
| Intangible fixed assets | 21 | €29,309 | €39,534 | +€10,224 | +34.9% |
| Tangible fixed assets | 22/27 | €62,129 | €39,667 | -€22,463 | -36.2% |
| Plant, machinery and equipment | 23 | €62,129 | €39,667 | -€22,463 | -36.2% |
| Current assets | 29/58 | €153,748 | €313,625 | +€159,877 | +104% |
| Stocks and contracts in progress | 3 | €68,417 | €232,385 | +€163,969 | +240% |
| Stocks | 30/36 | €68,417 | €232,385 | +€163,969 | +240% |
| Amounts receivable within one year | 40/41 | €10,047 | €11,374 | +€1,327 | +13.2% |
| Trade receivables | 40 | €3,509 | €11,374 | +€7,865 | +224% |
| Other amounts receivable | 41 | €6,538 | €0 | -€6,538 | -100% |
| Cash at bank and in hand | 54/58 | €74,642 | €53,090 | -€21,553 | -28.9% |
| Deferred charges and accrued income | 490/1 | €643 | €16,776 | +€16,133 | +2,511% |
| Total equity and liabilities | 10/49 | €245,187 | €392,825 | +€147,639 | +60.2% |
| Equity | 10/15 | -€183,579 | -€253,514 | -€69,935 | -38.1% |
| Contributions | 10/11 | €725,001 | €725,001 | = | 0.0% |
| Capital | 10 | €725,001 | €725,001 | = | 0.0% |
| Issued capital | 100 | €725,001 | €725,001 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€908,580 | -€978,515 | -€69,935 | -7.7% |
| Amounts payable | 17/49 | €428,765 | €646,339 | +€217,574 | +50.7% |
| Amounts payable after more than one year | 17 | €62,500 | €66,216 | +€3,716 | +5.9% |
| Financial debts | 170/4 | €62,500 | €66,216 | +€3,716 | +5.9% |
| Amounts payable within one year | 42/48 | €361,965 | €580,123 | +€218,158 | +60.3% |
| Trade debts | 44 | €32,407 | €20,595 | -€11,812 | -36.4% |
| Suppliers | 440/4 | €32,407 | €20,595 | -€11,812 | -36.4% |
| Advances received on contracts in progress | 46 | €67,968 | €264,272 | +€196,304 | +289% |
| Taxes, remuneration and social security | 45 | - | €13,515 | +€13,515 | |
| Taxes | 450/3 | - | €13,515 | +€13,515 | |
| Other amounts payable | 47/48 | €261,590 | €281,741 | +€20,151 | +7.7% |
| Accrued charges and deferred income | 492/3 | €4,300 | €0 | -€4,300 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,468 | €42,508 | +€4,039 | +10.5% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€9,707 | -€26,974 | -€17,267 | -178% |
| Operating profit (loss) | 9901 | -€48,689 | -€70,009 | -€21,320 | -43.8% |
| Financial income | 75/76B | - | €4,300 | +€4,300 | |
| Recurring financial income | 75 | - | €4,300 | +€4,300 | |
| Financial charges | 65/66B | €285 | €4,226 | +€3,941 | +1,383% |
| Recurring financial charges | 65 | €285 | €4,226 | +€3,941 | +1,383% |
| Profit (loss) for the period before taxes | 9903 | -€48,974 | -€69,935 | -€20,962 | -42.8% |
| Profit (loss) for the period | 9904 | -€48,974 | -€69,935 | -€20,962 | -42.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,974 | -€69,935 | -€20,962 | -42.8% |
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 22 October 2026 via checked.be.