Magnus Immo: 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.
Magnus Immo
Largest movements
- Cash -€51,307
down €51,307 (-87.4%), from €58,675 to €7,368
mainly Other debts (-€40,000) and Debts after one year (-€39,648)
- Tangible fixed assets -€16,214
down €16,214 (-2.8%), from €584,288 to €568,074
- Other debts -€40,000
down €40,000 (-25.3%), from €158,115 to €118,115
- Debts after one year -€39,648
down €39,648 (-9.7%), from €407,117 to €367,469
- Reserves +€12,454
up €12,454 (+40.6%), from €30,683 to €43,136
- Other operating charges +€1,722
up €1,722 (+113%), from €1,519 to €3,241
- Gross operating margin +€1,676
up €1,676 (+3.4%), from €48,917 to €50,593
- Financial charges -€1,165
down €1,165 (-7.6%), from €15,317 to €14,152
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 | €644,119 | €582,599 | -€61,520 | -9.6% |
| Fixed assets | 21/28 | €584,288 | €568,074 | -€16,214 | -2.8% |
| Tangible fixed assets | 22/27 | €584,288 | €568,074 | -€16,214 | -2.8% |
| Land and buildings | 22 | €584,288 | €568,074 | -€16,214 | -2.8% |
| Current assets | 29/58 | €59,831 | €14,525 | -€45,307 | -75.7% |
| Amounts receivable within one year | 40/41 | - | €5,971 | +€5,971 | |
| Trade receivables | 40 | - | €5,971 | +€5,971 | |
| Cash at bank and in hand | 54/58 | €58,675 | €7,368 | -€51,307 | -87.4% |
| Deferred charges and accrued income | 490/1 | €1,156 | €1,186 | +€29 | +2.5% |
| Total equity and liabilities | 10/49 | €644,119 | €582,599 | -€61,520 | -9.6% |
| Equity | 10/15 | €33,183 | €45,636 | +€12,454 | +37.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €30,683 | €43,136 | +€12,454 | +40.6% |
| Distributable reserves | 133 | €30,683 | €43,136 | +€12,454 | +40.6% |
| Amounts payable | 17/49 | €610,937 | €536,963 | -€73,974 | -12.1% |
| Amounts payable after more than one year | 17 | €407,117 | €367,469 | -€39,648 | -9.7% |
| Financial debts | 170/4 | €407,117 | €367,469 | -€39,648 | -9.7% |
| Amounts payable within one year | 42/48 | €203,820 | €169,494 | -€34,326 | -16.8% |
| Current portion of amounts payable after more than one year | 42 | €38,382 | €39,648 | +€1,266 | +3.3% |
| Trade debts | 44 | €258 | €300 | +€42 | +16.2% |
| Suppliers | 440/4 | €258 | €300 | +€42 | +16.2% |
| Taxes, remuneration and social security | 45 | €7,065 | €11,430 | +€4,366 | +61.8% |
| Taxes | 450/3 | €7,065 | €11,430 | +€4,366 | +61.8% |
| Other amounts payable | 47/48 | €158,115 | €118,115 | -€40,000 | -25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,856 | €16,214 | +€358 | +2.3% |
| Other operating charges | 640/8 | €1,519 | €3,241 | +€1,722 | +113% |
| Gross operating margin | 9900 | €48,917 | €50,593 | +€1,676 | +3.4% |
| Operating profit (loss) | 9901 | €31,542 | €31,138 | -€404 | -1.3% |
| Financial charges | 65/66B | €15,317 | €14,152 | -€1,165 | -7.6% |
| Recurring financial charges | 65 | €15,317 | €14,152 | -€1,165 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €16,226 | €16,987 | +€761 | +4.7% |
| Income taxes | 67/77 | €4,422 | €4,533 | +€112 | +2.5% |
| Profit (loss) for the period | 9904 | €11,804 | €12,454 | +€649 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,804 | €12,454 | +€649 | +5.5% |
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 21 October 2026 via checked.be.