MAGNIFRITES: 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.
MAGNIFRITES
Largest movements
- Deferred charges and accrued income -€16,153
no longer reported in 2025 (was €16,153)
- Tangible fixed assets -€8,716
down €8,716 (-6.4%), from €135,654 to €126,938
- Debts after one year -€18,861
down €18,861 (-16.8%), from €112,512 to €93,651
- Current portion of long-term debt -€5,175
down €5,175 (-37.1%), from €13,951 to €8,776
- Other operating charges -€6,429
down €6,429 (-96.8%), from €6,643 to €214
- Financial charges +€2,759
up €2,759 (+95.7%), from €2,883 to €5,642
- Gross operating margin +€573
up €573 (+4.2%), from €13,524 to €14,097
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 | €153,423 | €129,241 | -€24,182 | -15.8% |
| Fixed assets | 21/28 | €135,654 | €126,938 | -€8,716 | -6.4% |
| Tangible fixed assets | 22/27 | €135,654 | €126,938 | -€8,716 | -6.4% |
| Land and buildings | 22 | €135,654 | €126,938 | -€8,716 | -6.4% |
| Current assets | 29/58 | €17,769 | €2,303 | -€15,466 | -87.0% |
| Amounts receivable within one year | 40/41 | €120 | €120 | = | 0.0% |
| Other amounts receivable | 41 | €120 | €120 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,496 | €2,183 | +€687 | +45.9% |
| Deferred charges and accrued income | 490/1 | €16,153 | - | -€16,153 | |
| Total equity and liabilities | 10/49 | €153,423 | €129,241 | -€24,182 | -15.8% |
| Equity | 10/15 | €9,613 | €9,138 | -€475 | -4.9% |
| Contributions | 10/11 | €7,600 | €7,600 | = | 0.0% |
| Reserves | 13 | €2,000 | €1,538 | -€462 | -23.1% |
| Distributable reserves | 133 | €2,000 | €1,538 | -€462 | -23.1% |
| Profit (loss) carried forward | 14 | €13 | - | -€13 | |
| Amounts payable | 17/49 | €143,810 | €120,103 | -€23,707 | -16.5% |
| Amounts payable after more than one year | 17 | €112,512 | €93,651 | -€18,861 | -16.8% |
| Financial debts | 170/4 | €112,512 | €93,651 | -€18,861 | -16.8% |
| Amounts payable within one year | 42/48 | €30,935 | €26,452 | -€4,483 | -14.5% |
| Current portion of amounts payable after more than one year | 42 | €13,951 | €8,776 | -€5,175 | -37.1% |
| Trade debts | 44 | €154 | - | -€154 | |
| Suppliers | 440/4 | €154 | - | -€154 | |
| Taxes, remuneration and social security | 45 | €573 | - | -€573 | |
| Taxes | 450/3 | €573 | - | -€573 | |
| Other amounts payable | 47/48 | €16,257 | €17,676 | +€1,419 | +8.7% |
| Accrued charges and deferred income | 492/3 | €363 | - | -€363 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,716 | €8,716 | = | 0.0% |
| Other operating charges | 640/8 | €6,643 | €214 | -€6,429 | -96.8% |
| Gross operating margin | 9900 | €13,524 | €14,097 | +€573 | +4.2% |
| Operating profit (loss) | 9901 | -€1,835 | €5,167 | +€7,002 | |
| Financial charges | 65/66B | €2,883 | €5,642 | +€2,759 | +95.7% |
| Recurring financial charges | 65 | €2,883 | €5,642 | +€2,759 | +95.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,718 | -€475 | +€4,243 | +89.9% |
| Profit (loss) for the period | 9904 | -€4,718 | -€475 | +€4,243 | +89.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,718 | -€475 | +€4,243 | +89.9% |
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 8 October 2026 via checked.be.