Magnis Group: what changed
Magnis Group
Largest movements
- Receivables within one year +€35,081
up €35,081 (+63.3%), from €55,412 to €90,493
of which Trade receivables: +€29,117
- Cash +€27,374
up €27,374 (+36.5%), from €74,916 to €102,290
mainly Deferred charges and accrued income (+€17,157) and Current portion of long-term debt (+€16,721)
- Deferred charges and accrued income -€17,157
down €17,157 (-86.0%), from €19,950 to €2,794
- Tangible fixed assets -€6,008
down €6,008 (-44.8%), from €13,397 to €7,389
of which Plant, machinery and equipment: -€3,841
- Current portion of long-term debt +€16,721
up €16,721 (+50.2%), from €33,288 to €50,008
- Reserves +€11,060
up €11,060 (+21.3%), from €51,866 to €62,926
- Trade debts +€5,554
up €5,554 (+17.0%), from €32,692 to €38,246
- Tax, wage and social debts +€4,863
up €4,863 (+21.1%), from €22,999 to €27,863
of which Remuneration and social security: +€5,236
- Gross operating margin +€45,107
up €45,107 (+72.5%), from €62,179 to €107,286
- Staff costs +€31,698
up €31,698 (+71.2%), from €44,520 to €76,218
- Taxes +€3,038
up €3,038 (+130%), from €2,337 to €5,375
- Other operating charges -€1,982
down €1,982 (-56.5%), from €3,510 to €1,528
- Financial charges +€1,432
up €1,432 (+25.0%), from €5,725 to €7,157
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €165,135 | €204,223 | +€39,088 | +23.7% |
| Fixed assets | 21/28 | €14,857 | €8,646 | -€6,210 | -41.8% |
| Intangible fixed assets | 21 | €365 | €162 | -€203 | -55.5% |
| Tangible fixed assets | 22/27 | €13,397 | €7,389 | -€6,008 | -44.8% |
| Plant, machinery and equipment | 23 | €9,645 | €5,804 | -€3,841 | -39.8% |
| Furniture and vehicles | 24 | €3,752 | €1,585 | -€2,167 | -57.8% |
| Financial fixed assets | 28 | €1,095 | €1,095 | = | 0.0% |
| Current assets | 29/58 | €150,278 | €195,577 | +€45,299 | +30.1% |
| Amounts receivable within one year | 40/41 | €55,412 | €90,493 | +€35,081 | +63.3% |
| Trade receivables | 40 | €54,087 | €83,204 | +€29,117 | +53.8% |
| Other amounts receivable | 41 | €1,325 | €7,289 | +€5,964 | +450% |
| Cash at bank and in hand | 54/58 | €74,916 | €102,290 | +€27,374 | +36.5% |
| Deferred charges and accrued income | 490/1 | €19,950 | €2,794 | -€17,157 | -86.0% |
| Total equity and liabilities | 10/49 | €165,135 | €204,223 | +€39,088 | +23.7% |
| Equity | 10/15 | €71,866 | €82,926 | +€11,060 | +15.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €51,866 | €62,926 | +€11,060 | +21.3% |
| Distributable reserves | 133 | €51,866 | €62,926 | +€11,060 | +21.3% |
| Amounts payable | 17/49 | €93,269 | €121,297 | +€28,028 | +30.1% |
| Amounts payable within one year | 42/48 | €89,043 | €116,824 | +€27,781 | +31.2% |
| Current portion of amounts payable after more than one year | 42 | €33,288 | €50,008 | +€16,721 | +50.2% |
| Trade debts | 44 | €32,692 | €38,246 | +€5,554 | +17.0% |
| Suppliers | 440/4 | €32,692 | €38,246 | +€5,554 | +17.0% |
| Taxes, remuneration and social security | 45 | €22,999 | €27,863 | +€4,863 | +21.1% |
| Taxes | 450/3 | €18,420 | €18,047 | -€373 | -2.0% |
| Remuneration and social security | 454/9 | €4,580 | €9,816 | +€5,236 | +114% |
| Other amounts payable | 47/48 | €64 | €707 | +€643 | +1,004% |
| Accrued charges and deferred income | 492/3 | €4,226 | €4,473 | +€248 | +5.9% |
| Remuneration, social security and pensions | 62 | €44,520 | €76,218 | +€31,698 | +71.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,420 | €6,645 | -€775 | -10.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €113 | - | -€113 | |
| Other operating charges | 640/8 | €3,510 | €1,528 | -€1,982 | -56.5% |
| Gross operating margin | 9900 | €62,179 | €107,286 | +€45,107 | +72.5% |
| Operating profit (loss) | 9901 | €6,617 | €22,895 | +€16,278 | +246% |
| Financial income | 75/76B | €916 | €696 | -€220 | -24.0% |
| Recurring financial income | 75 | €916 | €696 | -€220 | -24.0% |
| Financial charges | 65/66B | €5,725 | €7,157 | +€1,432 | +25.0% |
| Recurring financial charges | 65 | €5,725 | €7,157 | +€1,432 | +25.0% |
| Profit (loss) for the period before taxes | 9903 | €1,808 | €16,435 | +€14,626 | +809% |
| Income taxes | 67/77 | €2,337 | €5,375 | +€3,038 | +130% |
| Profit (loss) for the period | 9904 | -€529 | €11,060 | +€11,589 | |
| Profit (loss) for the period to be appropriated | 9905 | -€529 | €11,060 | +€11,589 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.