Magney: 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.
Magney
Largest movements
- Receivables within one year -€11,064
down €11,064 (-31.5%), from €35,138 to €24,075
of which Trade receivables: -€12,924
- Stocks and contracts -€4,929
down €4,929 (-87.3%), from €5,647 to €718
- Tangible fixed assets -€1,327
down €1,327 (-14.3%), from €9,256 to €7,929
of which Plant, machinery and equipment: -€1,061
- Profit (loss) carried forward -€12,891
down €12,891 (-36.8%), from -€34,997 to -€47,887
- Advances received -€2,791
down €2,791 (-23.6%), from €11,806 to €9,015
- Trade debts -€1,293
down €1,293 (-21.9%), from €5,898 to €4,605
- Gross operating margin +€10,534
up €10,534, from -€5,062 to €5,471
- Other operating charges +€7,936
up €7,936 (+60.7%), from €13,064 to €21,000
- Write-downs -€6,000
new in 2024: -€6,000
- Depreciation -€5,278
down €5,278 (-79.9%), from €6,605 to €1,327
- Financial charges -€962
down €962 (-33.4%), from €2,879 to €1,916
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,817 | €38,444 | -€17,372 | -31.1% |
| Fixed assets | 21/28 | €11,197 | €9,870 | -€1,327 | -11.9% |
| Tangible fixed assets | 22/27 | €9,256 | €7,929 | -€1,327 | -14.3% |
| Plant, machinery and equipment | 23 | €8,942 | €7,881 | -€1,061 | -11.9% |
| Furniture and vehicles | 24 | €314 | €48 | -€267 | -84.9% |
| Financial fixed assets | 28 | €1,941 | €1,941 | = | 0.0% |
| Current assets | 29/58 | €44,619 | €28,574 | -€16,045 | -36.0% |
| Stocks and contracts in progress | 3 | €5,647 | €718 | -€4,929 | -87.3% |
| Stocks | 30/36 | €5,647 | €718 | -€4,929 | -87.3% |
| Amounts receivable within one year | 40/41 | €35,138 | €24,075 | -€11,064 | -31.5% |
| Trade receivables | 40 | €31,810 | €18,886 | -€12,924 | -40.6% |
| Other amounts receivable | 41 | €3,328 | €5,189 | +€1,860 | +55.9% |
| Cash at bank and in hand | 54/58 | €3,782 | €3,782 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €52 | - | -€52 | |
| Total equity and liabilities | 10/49 | €55,817 | €38,444 | -€17,372 | -31.1% |
| Equity | 10/15 | €37,229 | €24,338 | -€12,891 | -34.6% |
| Contributions | 10/11 | €55,776 | €55,776 | = | 0.0% |
| Reserves | 13 | €16,450 | €16,450 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,578 | €5,578 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,578 | €5,578 | = | 0.0% |
| Distributable reserves | 133 | €10,872 | €10,872 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,997 | -€47,887 | -€12,891 | -36.8% |
| Amounts payable | 17/49 | €18,588 | €14,106 | -€4,481 | -24.1% |
| Amounts payable within one year | 42/48 | €18,270 | €14,088 | -€4,181 | -22.9% |
| Trade debts | 44 | €5,898 | €4,605 | -€1,293 | -21.9% |
| Suppliers | 440/4 | €5,898 | €4,605 | -€1,293 | -21.9% |
| Advances received on contracts in progress | 46 | €11,806 | €9,015 | -€2,791 | -23.6% |
| Taxes, remuneration and social security | 45 | €565 | €469 | -€96 | -17.1% |
| Taxes | 450/3 | €565 | €469 | -€96 | -17.1% |
| Accrued charges and deferred income | 492/3 | €318 | €18 | -€300 | -94.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,605 | €1,327 | -€5,278 | -79.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€6,000 | -€6,000 | |
| Other operating charges | 640/8 | €13,064 | €21,000 | +€7,936 | +60.7% |
| Gross operating margin | 9900 | -€5,062 | €5,471 | +€10,534 | |
| Operating profit (loss) | 9901 | -€24,731 | -€10,856 | +€13,875 | +56.1% |
| Financial income | 75/76B | €4 | €56 | +€52 | +1313.7% |
| Recurring financial income | 75 | €4 | €56 | +€52 | +1313.7% |
| Financial charges | 65/66B | €2,879 | €1,916 | -€962 | -33.4% |
| Recurring financial charges | 65 | €2,879 | €1,916 | -€962 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | -€27,606 | -€12,716 | +€14,890 | +53.9% |
| Income taxes | 67/77 | €164 | €174 | +€10 | +6.1% |
| Profit (loss) for the period | 9904 | -€27,770 | -€12,891 | +€14,880 | +53.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,770 | -€12,891 | +€14,880 | +53.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.