MAGNONI & Co: 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.
MAGNONI & Co
Largest movements
- Tangible fixed assets +€203,543
up €203,543 (+495%), from €41,153 to €244,696
of which Land and buildings: +€196,327
- Cash -€29,019
down €29,019 (-41.9%), from €69,283 to €40,264
mainly Investment in fixed assets (net) (-€258,306) and Contributions, distributions and other (-€33,500)
- Receivables within one year +€25,614
up €25,614 (+31.6%), from €81,119 to €106,733
of which Other amounts receivable: +€17,010
- Debts after one year +€173,658
up €173,658 (+1,026%), from €16,920 to €190,577
- Other debts +€31,323
new in 2025: €31,323
- Reserves -€14,500
down €14,500 (-14.6%), from €99,500 to €85,000
- Current portion of long-term debt +€6,688
up €6,688 (+51.1%), from €13,100 to €19,788
- Tax, wage and social debts +€6,342
up €6,342 (+23.8%), from €26,625 to €32,967
of which Remuneration and social security: +€3,884
- Depreciation +€33,439
up €33,439 (+157%), from €21,324 to €54,763
- Gross operating margin +€28,796
up €28,796 (+9.5%), from €302,494 to €331,290
- Staff costs +€25,560
up €25,560 (+11.8%), from €216,796 to €242,356
- Financial charges +€5,996
up €5,996 (+264%), from €2,274 to €8,270
- Taxes -€4,939
down €4,939 (-72.2%), from €6,839 to €1,900
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 | €209,136 | €407,221 | +€198,085 | +94.7% |
| Fixed assets | 21/28 | €41,328 | €244,871 | +€203,543 | +493% |
| Tangible fixed assets | 22/27 | €41,153 | €244,696 | +€203,543 | +495% |
| Land and buildings | 22 | - | €196,327 | +€196,327 | |
| Plant, machinery and equipment | 23 | €5,759 | €7,829 | +€2,069 | +35.9% |
| Furniture and vehicles | 24 | €34,310 | €37,196 | +€2,886 | +8.4% |
| Other tangible fixed assets | 26 | €1,084 | €3,345 | +€2,261 | +209% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €167,808 | €162,350 | -€5,458 | -3.3% |
| Amounts receivable within one year | 40/41 | €81,119 | €106,733 | +€25,614 | +31.6% |
| Trade receivables | 40 | €74,820 | €83,425 | +€8,605 | +11.5% |
| Other amounts receivable | 41 | €6,298 | €23,308 | +€17,010 | +270% |
| Cash at bank and in hand | 54/58 | €69,283 | €40,264 | -€29,019 | -41.9% |
| Deferred charges and accrued income | 490/1 | €17,407 | €15,352 | -€2,054 | -11.8% |
| Total equity and liabilities | 10/49 | €209,136 | €407,221 | +€198,085 | +94.7% |
| Equity | 10/15 | €138,186 | €124,204 | -€13,981 | -10.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €99,500 | €85,000 | -€14,500 | -14.6% |
| Distributable reserves | 133 | €99,500 | €85,000 | -€14,500 | -14.6% |
| Profit (loss) carried forward | 14 | €36,686 | €37,204 | +€519 | +1.4% |
| Amounts payable | 17/49 | €70,951 | €283,017 | +€212,066 | +299% |
| Amounts payable after more than one year | 17 | €16,920 | €190,577 | +€173,658 | +1,026% |
| Financial debts | 170/4 | €16,920 | €190,577 | +€173,658 | +1,026% |
| Amounts payable within one year | 42/48 | €49,102 | €92,440 | +€43,338 | +88.3% |
| Current portion of amounts payable after more than one year | 42 | €13,100 | €19,788 | +€6,688 | +51.1% |
| Trade debts | 44 | €9,377 | €8,362 | -€1,015 | -10.8% |
| Suppliers | 440/4 | €9,377 | €8,362 | -€1,015 | -10.8% |
| Taxes, remuneration and social security | 45 | €26,625 | €32,967 | +€6,342 | +23.8% |
| Taxes | 450/3 | €2,952 | €5,411 | +€2,458 | +83.3% |
| Remuneration and social security | 454/9 | €23,673 | €27,556 | +€3,884 | +16.4% |
| Other amounts payable | 47/48 | - | €31,323 | +€31,323 | |
| Accrued charges and deferred income | 492/3 | €4,929 | €0 | -€4,929 | -100% |
| Remuneration, social security and pensions | 62 | €216,796 | €242,356 | +€25,560 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,324 | €54,763 | +€33,439 | +157% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €540 | +€540 | |
| Other operating charges | 640/8 | €847 | €2,685 | +€1,838 | +217% |
| Non-recurring operating charges | 66A | - | €1,276 | +€1,276 | |
| Gross operating margin | 9900 | €302,494 | €331,290 | +€28,796 | +9.5% |
| Operating profit (loss) | 9901 | €63,527 | €29,670 | -€33,857 | -53.3% |
| Financial income | 75/76B | €831 | €19 | -€812 | -97.7% |
| Recurring financial income | 75 | €831 | €19 | -€812 | -97.7% |
| Financial charges | 65/66B | €2,274 | €8,270 | +€5,996 | +264% |
| Recurring financial charges | 65 | €2,274 | €8,270 | +€5,996 | +264% |
| Profit (loss) for the period before taxes | 9903 | €62,084 | €21,419 | -€40,665 | -65.5% |
| Income taxes | 67/77 | €6,839 | €1,900 | -€4,939 | -72.2% |
| Profit (loss) for the period | 9904 | €55,245 | €19,519 | -€35,727 | -64.7% |
| Profit (loss) for the period to be appropriated | 9905 | €55,245 | €19,519 | -€35,727 | -64.7% |
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 29 October 2026 via checked.be.