Magnolia: what changed
What changed
Magnolia
NACE 87.101, Residential care activities
filed annual accounts (NBB)
Net result for the year
€853,909
2024 · -€64,223+€918,132
Equity
€2.7m
2024 · €1.9m+€834,473
Cash
€718,617
2024 · €361,068+€357,549
Balance sheet total
€7.0m
2024 · €5.8m+€1.2m
Largest movements
Assets
- Tangible fixed assets +€657,207
up €657,207 (+14.2%), from €4.6m to €5.3m
of which Assets under construction and advance payments: +€1.2m
- Cash +€357,549
up €357,549 (+99.0%), from €361,068 to €718,617
mainly Net result for the year (+€853,909) and Depreciation (+€829,506)
- Receivables within one year +€264,558
up €264,558 (+41.0%), from €645,177 to €909,735
of which Trade receivables: +€182,397
Equity and liabilities
- Profit (loss) carried forward +€853,909
up €853,909 (+298%), from €286,974 to €1.1m
- Debts after one year +€529,803
up €529,803 (+59.1%), from €895,795 to €1.4m
Income statement
- Turnover +€1.3m
up €1.3m (+16.5%), from €7.8m to €9.1m
- Staff costs +€348,647
up €348,647 (+4.4%), from €7.9m to €8.2m
- Goods and materials +€161,302
up €161,302 (+19.3%), from €834,957 to €996,259
- Depreciation -€158,234
down €158,234 (-16.0%), from €987,740 to €829,506
- Services and other goods +€155,404
up €155,404 (+10.2%), from €1.5m to €1.7m
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.
Result 2024
-€64,223
Turnover
+€1.3m
Other operating income
-€72,881
Goods and materials
-€161,302
Services and other goods
-€155,404
Staff costs
-€348,647
Depreciation
+€158,234
Write-downs
+€2,705
Other operating charges
+€5,727
Other operating items
+€266,387
Financial income
-€28,145
Financial charges
-€32,663
Result 2025
€853,909
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.3m
Investment
-€1.5m
Financing
+€510,367
Cash 2024
€361,068
From operations (derived)
+€1.3m
Net result for the year
+€853,909
Depreciation
+€829,506
Receivables within one year
-€264,558
Deferred charges and accrued income
+€29,930
Provisions
-€23,000
Debts within one year
-€40,005
Accrued charges and deferred income
-€54,126
Investment (derived)
-€1.5m
Investment in fixed assets (net)
-€1.5m
Current investments
-€230
Financing
+€510,367
Debts after one year
+€529,803
Contributions, distributions and other
-€19,436
Cash 2025
€718,617
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,781,579 | €7,028,724 | +€1.2m | +21.6% |
| Fixed assets | 21/28 | €4,628,868 | €5,283,606 | +€654,738 | +14.1% |
| Intangible fixed assets | 21 | €10,067 | €7,598 | -€2,469 | -24.5% |
| Tangible fixed assets | 22/27 | €4,618,801 | €5,276,008 | +€657,207 | +14.2% |
| Land and buildings | 22 | €4,078,408 | €3,546,780 | -€531,628 | -13.0% |
| Plant, machinery and equipment | 23 | €30,737 | €14,397 | -€16,340 | -53.2% |
| Furniture and vehicles | 24 | €355,757 | €396,303 | +€40,546 | +11.4% |
| Assets under construction and advance payments | 27 | €153,899 | €1,318,528 | +€1.2m | +757% |
| Current assets | 29/58 | €1,152,711 | €1,745,118 | +€592,407 | +51.4% |
| Amounts receivable within one year | 40/41 | €645,177 | €909,735 | +€264,558 | +41.0% |
| Trade receivables | 40 | €645,177 | €827,574 | +€182,397 | +28.3% |
| Other amounts receivable | 41 | - | €82,161 | +€82,161 | |
| Current investments | 50/53 | €53,425 | €53,655 | +€230 | +0.4% |
| Cash at bank and in hand | 54/58 | €361,068 | €718,617 | +€357,549 | +99.0% |
| Deferred charges and accrued income | 490/1 | €93,041 | €63,111 | -€29,930 | -32.2% |
| Total equity and liabilities | 10/49 | €5,781,579 | €7,028,724 | +€1.2m | +21.6% |
| Equity | 10/15 | €1,895,993 | €2,730,466 | +€834,473 | +44.0% |
| Contributions | 10/11 | €1,411,399 | €1,411,399 | = | 0.0% |
| Capital | 10 | €1,411,399 | €1,411,399 | = | 0.0% |
| Profit (loss) carried forward | 14 | €286,974 | €1,140,883 | +€853,909 | +298% |
| Investment grants | 15 | €197,620 | €178,184 | -€19,436 | -9.8% |
| Provisions and deferred taxes | 16 | €124,419 | €101,419 | -€23,000 | -18.5% |
| Provisions for liabilities and charges | 160/5 | €124,419 | €101,419 | -€23,000 | -18.5% |
| Other liabilities and charges | 164/5 | €124,419 | €101,419 | -€23,000 | -18.5% |
| Amounts payable | 17/49 | €3,761,167 | €4,196,839 | +€435,672 | +11.6% |
| Amounts payable after more than one year | 17 | €895,795 | €1,425,598 | +€529,803 | +59.1% |
| Financial debts | 170/4 | €895,795 | €1,425,598 | +€529,803 | +59.1% |
| Credit institutions | 173 | €895,795 | €1,425,598 | +€529,803 | +59.1% |
| Amounts payable within one year | 42/48 | €2,742,862 | €2,702,857 | -€40,005 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €1,129,542 | €323,197 | -€806,345 | -71.4% |
| Trade debts | 44 | €472,883 | €1,039,766 | +€566,883 | +120% |
| Suppliers | 440/4 | €472,883 | €1,039,766 | +€566,883 | +120% |
| Taxes, remuneration and social security | 45 | €1,054,300 | €1,174,791 | +€120,491 | +11.4% |
| Taxes | 450/3 | €125,444 | €125,546 | +€102 | +0.1% |
| Remuneration and social security | 454/9 | €928,856 | €1,049,245 | +€120,389 | +13.0% |
| Accrued charges and deferred income | 492/3 | €122,510 | €68,384 | -€54,126 | -44.2% |
| Operating income | 70/76A | €11,242,514 | €12,834,780 | +€1.6m | +14.2% |
| Turnover | 70 | €7,801,821 | €9,085,942 | +€1.3m | +16.5% |
| Membership fees, donations, legacies and grants | 73 | €2,465,753 | €2,855,556 | +€389,803 | +15.8% |
| Other operating income | 74 | €920,658 | €847,777 | -€72,881 | -7.9% |
| Non-recurring operating income | 76A | €54,282 | €45,505 | -€8,777 | -16.2% |
| Operating charges | 60/66A | €11,318,868 | €11,932,194 | +€613,326 | +5.4% |
| Goods for resale, raw materials and consumables | 60 | €834,957 | €996,259 | +€161,302 | +19.3% |
| Purchases | 600/8 | €834,957 | €996,259 | +€161,302 | +19.3% |
| Services and other goods | 61 | €1,523,339 | €1,678,743 | +€155,404 | +10.2% |
| Remuneration, social security and pensions | 62 | €7,891,643 | €8,240,290 | +€348,647 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €987,740 | €829,506 | -€158,234 | -16.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,705 | - | -€2,705 | |
| Other operating charges | 640/8 | €24,918 | €19,191 | -€5,727 | -23.0% |
| Non-recurring operating charges | 66A | €58,173 | €168,205 | +€110,032 | +189% |
| Operating profit (loss) | 9901 | -€76,354 | €902,586 | +€978,940 | |
| Financial income | 75/76B | €48,712 | €20,567 | -€28,145 | -57.8% |
| Recurring financial income | 75 | €48,712 | €20,567 | -€28,145 | -57.8% |
| Other financial income | 752/9 | €48,712 | €20,567 | -€28,145 | -57.8% |
| Financial charges | 65/66B | €36,581 | €69,244 | +€32,663 | +89.3% |
| Recurring financial charges | 65 | €36,581 | €69,244 | +€32,663 | +89.3% |
| Debt charges | 650 | €35,664 | €45,549 | +€9,885 | +27.7% |
| Other financial charges | 652/9 | €917 | €23,695 | +€22,778 | +2,484% |
| Profit (loss) for the period before taxes | 9903 | -€64,223 | €853,909 | +€918,132 | |
| Profit (loss) for the period | 9904 | -€64,223 | €853,909 | +€918,132 | |
| Profit (loss) for the period to be appropriated | 9905 | -€64,223 | €853,909 | +€918,132 |
Next steps
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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 4 November 2026 via checked.be.