MAGONA: 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.
MAGONA
Largest movements
- Receivables within one year +€6,236
up €6,236 (+44.8%), from €13,934 to €20,170
of which Trade receivables: +€4,640
- Deferred charges and accrued income +€609
new in 2024: €609
- Tangible fixed assets -€473
down €473 (-53.6%), from €882 to €409
- Cash +€347
up €347 (+5.2%), from €6,702 to €7,049
mainly Other debts (+€36,238) and Depreciation (+€472)
- Other debts +€36,238
up €36,238 (+204.7%), from €17,704 to €53,942
- Profit (loss) carried forward -€14,913
down €14,913 (-18.7%), from -€79,760 to -€94,673
- Trade debts -€13,880
down €13,880 (-27.9%), from €49,718 to €35,838
- Tax, wage and social debts -€726
no longer reported in 2024 (was €726)
- Other operating charges +€151,013
up €151,013 (+134833.0%), from €112 to €151,125
- Gross operating margin +€147,992
up €147,992, from -€11,308 to €136,684
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,981 | €28,701 | +€6,720 | +30.6% |
| Fixed assets | 21/28 | €1,346 | €873 | -€473 | -35.1% |
| Tangible fixed assets | 22/27 | €882 | €409 | -€473 | -53.6% |
| Furniture and vehicles | 24 | €882 | €409 | -€473 | -53.6% |
| Financial fixed assets | 28 | €464 | €464 | -€0 | 0.0% |
| Current assets | 29/58 | €20,635 | €27,828 | +€7,193 | +34.9% |
| Amounts receivable within one year | 40/41 | €13,934 | €20,170 | +€6,236 | +44.8% |
| Trade receivables | 40 | €13,934 | €18,574 | +€4,640 | +33.3% |
| Other amounts receivable | 41 | - | €1,596 | +€1,596 | |
| Cash at bank and in hand | 54/58 | €6,702 | €7,049 | +€347 | +5.2% |
| Deferred charges and accrued income | 490/1 | - | €609 | +€609 | |
| Total equity and liabilities | 10/49 | €21,981 | €28,701 | +€6,720 | +30.6% |
| Equity | 10/15 | -€59,666 | -€74,579 | -€14,913 | -25.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,494 | €1,494 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,494 | €1,494 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €1,494 | €1,494 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€79,760 | -€94,673 | -€14,913 | -18.7% |
| Amounts payable | 17/49 | €81,648 | €103,280 | +€21,632 | +26.5% |
| Amounts payable within one year | 42/48 | €81,648 | €103,280 | +€21,632 | +26.5% |
| Current portion of amounts payable after more than one year | 42 | €13,500 | €13,500 | = | 0.0% |
| Trade debts | 44 | €49,718 | €35,838 | -€13,880 | -27.9% |
| Suppliers | 440/4 | €49,718 | €35,838 | -€13,880 | -27.9% |
| Taxes, remuneration and social security | 45 | €726 | - | -€726 | |
| Taxes | 450/3 | €726 | - | -€726 | |
| Other amounts payable | 47/48 | €17,704 | €53,942 | +€36,238 | +204.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €195 | €472 | +€277 | +142.0% |
| Other operating charges | 640/8 | €112 | €151,125 | +€151,013 | +134833.0% |
| Gross operating margin | 9900 | -€11,308 | €136,684 | +€147,992 | |
| Operating profit (loss) | 9901 | -€11,615 | -€14,913 | -€3,298 | -28.4% |
| Financial charges | 65/66B | €270 | - | -€270 | |
| Recurring financial charges | 65 | €270 | - | -€270 | |
| Profit (loss) for the period before taxes | 9903 | -€11,884 | -€14,913 | -€3,029 | -25.5% |
| Income taxes | 67/77 | €361 | - | -€361 | |
| Profit (loss) for the period | 9904 | -€12,246 | -€14,913 | -€2,667 | -21.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,246 | -€14,913 | -€2,667 | -21.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.