MAGOTTEAUX: what changed
What changed
MAGOTTEAUX
NACE 24.520, Manufacture of basic metals
filed annual accounts (NBB)
Net result for the year
€664,526
2024 · €686,342-€21,816
Equity
€1.9m
2024 · €1.9m+€526
Cash
€723,309
2024 · €670,321+€52,987
Balance sheet total
€36.1m
2024 · €36.4m-€319,702
Largest movements
Assets
- Receivables within one year -€459,336
down €459,336 (-1.9%), from €24.4m to €23.9m
of which Other amounts receivable: -€965,355
Equity and liabilities
- Advances received -€1.1m
down €1.1m (-19.1%), from €5.6m to €4.5m
- Short-term financial debts +€781,785
up €781,785 (+16.1%), from €4.9m to €5.6m
- Trade debts -€387,847
down €387,847 (-2.1%), from €18.7m to €18.3m
Income statement
- Turnover +€10.8m
up €10.8m (+6.9%), from €158.1m to €168.9m
- Goods and materials +€8.2m
up €8.2m (+6.0%), from €136.3m to €144.5m
of which Change in stocks: decrease (increase): +€5.3m
- Services and other goods +€1.8m
up €1.8m (+10.7%), from €16.9m to €18.7m
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
€686,342
Turnover
+€10.8m
Other operating income
-€465,795
Goods and materials
-€8.2m
Services and other goods
-€1.8m
Staff costs
-€136,074
Depreciation
+€257,079
Write-downs
-€7,128
Provisions
-€200,921
Other operating charges
-€38,287
Financial income
-€262,785
Financial charges
-€32,625
Taxes
-€14,496
Result 2025
€664,526
raises the resultlowers the result
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
+€134,426
Investment
-€199,224
Financing
+€117,785
Cash 2024
€670,321
From operations (derived)
+€134,426
Net result for the year
+€664,526
Depreciation
+€187,508
Stocks and contracts
+€202,983
Receivables within one year
+€459,336
Deferred charges and accrued income
-€277,914
Provisions
+€78,334
Trade debts
-€387,847
Tax, wage and social debts
-€27,370
Advances received
-€1.1m
Other debts
+€205,353
Accrued charges and deferred income
+€97,097
Investment (derived)
-€199,224
Investment in fixed assets (net)
-€199,224
Financing
+€117,785
Short-term financial debts
+€781,785
Contributions, distributions and other
-€664,000
Cash 2025
€723,309
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,387,686 | €36,067,985 | -€319,702 | -0.9% |
| Fixed assets | 21/28 | €240,883 | €252,600 | +€11,717 | +4.9% |
| Intangible fixed assets | 21 | €142,509 | €105,544 | -€36,965 | -25.9% |
| Tangible fixed assets | 22/27 | €94,915 | €143,597 | +€48,682 | +51.3% |
| Plant, machinery and equipment | 23 | €59,939 | €110,551 | +€50,613 | +84.4% |
| Furniture and vehicles | 24 | €34,977 | €33,046 | -€1,931 | -5.5% |
| Financial fixed assets | 28 | €3,459 | €3,459 | = | 0.0% |
| Affiliated companies | 280/1 | €1,459 | €1,459 | = | 0.0% |
| Participating interests | 280 | €1,459 | €1,459 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,000 | €2,000 | = | 0.0% |
| Shares | 284 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €36,146,803 | €35,815,385 | -€331,418 | -0.9% |
| Stocks and contracts in progress | 3 | €11,029,761 | €10,826,778 | -€202,983 | -1.8% |
| Stocks | 30/36 | €11,029,761 | €10,826,778 | -€202,983 | -1.8% |
| Raw materials and consumables | 30/31 | €34,948 | €68,499 | +€33,551 | +96.0% |
| Goods purchased for resale | 34 | €10,994,813 | €10,758,279 | -€236,534 | -2.2% |
| Amounts receivable within one year | 40/41 | €24,400,642 | €23,941,306 | -€459,336 | -1.9% |
| Trade receivables | 40 | €6,614,743 | €7,120,762 | +€506,019 | +7.6% |
| Other amounts receivable | 41 | €17,785,899 | €16,820,544 | -€965,355 | -5.4% |
| Cash at bank and in hand | 54/58 | €670,321 | €723,309 | +€52,987 | +7.9% |
| Deferred charges and accrued income | 490/1 | €46,079 | €323,992 | +€277,914 | +603% |
| Total equity and liabilities | 10/49 | €36,387,686 | €36,067,985 | -€319,702 | -0.9% |
| Equity | 10/15 | €1,853,300 | €1,853,826 | +€526 | 0.0% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €847,800 | €847,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €847,800 | €847,800 | = | 0.0% |
| Legal reserve | 130 | €847,800 | €847,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,500 | €6,026 | +€526 | +9.6% |
| Provisions and deferred taxes | 16 | €613,736 | €692,070 | +€78,334 | +12.8% |
| Provisions for liabilities and charges | 160/5 | €613,736 | €692,070 | +€78,334 | +12.8% |
| Pensions and similar obligations | 160 | €289,287 | €271,501 | -€17,786 | -6.1% |
| Other liabilities and charges | 164/5 | €324,449 | €420,569 | +€96,120 | +29.6% |
| Amounts payable | 17/49 | €33,920,651 | €33,522,088 | -€398,562 | -1.2% |
| Amounts payable within one year | 42/48 | €33,668,854 | €33,173,195 | -€495,659 | -1.5% |
| Financial debts | 43 | €4,861,002 | €5,642,787 | +€781,785 | +16.1% |
| Credit institutions | 430/8 | €4,861,002 | €5,642,787 | +€781,785 | +16.1% |
| Trade debts | 44 | €18,679,427 | €18,291,580 | -€387,847 | -2.1% |
| Suppliers | 440/4 | €18,679,427 | €18,291,580 | -€387,847 | -2.1% |
| Advances received on contracts in progress | 46 | €5,584,984 | €4,517,404 | -€1.1m | -19.1% |
| Taxes, remuneration and social security | 45 | €848,263 | €820,893 | -€27,370 | -3.2% |
| Taxes | 450/3 | €97,436 | €89,023 | -€8,414 | -8.6% |
| Remuneration and social security | 454/9 | €750,826 | €731,870 | -€18,956 | -2.5% |
| Other amounts payable | 47/48 | €3,695,178 | €3,900,531 | +€205,353 | +5.6% |
| Accrued charges and deferred income | 492/3 | €251,797 | €348,894 | +€97,097 | +38.6% |
| Operating income | 70/76A | €158,787,829 | €169,167,700 | +€10.4m | +6.5% |
| Turnover | 70 | €158,081,700 | €168,927,366 | +€10.8m | +6.9% |
| Other operating income | 74 | €706,129 | €240,334 | -€465,795 | -66.0% |
| Operating charges | 60/66A | €157,115,231 | €167,207,011 | +€10.1m | +6.4% |
| Goods for resale, raw materials and consumables | 60 | €136,319,835 | €144,480,267 | +€8.2m | +6.0% |
| Purchases | 600/8 | €141,482,000 | €144,294,036 | +€2.8m | +2.0% |
| Change in stocks: decrease (increase) | 609 | -€5,162,165 | €186,231 | +€5.3m | |
| Services and other goods | 61 | €16,941,078 | €18,747,095 | +€1.8m | +10.7% |
| Remuneration, social security and pensions | 62 | €3,495,910 | €3,631,984 | +€136,074 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €444,587 | €187,508 | -€257,079 | -57.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €36,392 | €43,520 | +€7,128 | +19.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€122,586 | €78,334 | +€200,921 | |
| Other operating charges | 640/8 | €16 | €38,303 | +€38,287 | +237,070% |
| Operating profit (loss) | 9901 | €1,672,599 | €1,960,689 | +€288,091 | +17.2% |
| Financial income | 75/76B | €323,418 | €60,634 | -€262,785 | -81.3% |
| Recurring financial income | 75 | €323,418 | €60,634 | -€262,785 | -81.3% |
| Income from current assets | 751 | €296,919 | €60,634 | -€236,285 | -79.6% |
| Other financial income | 752/9 | €26,499 | - | -€26,499 | |
| Financial charges | 65/66B | €1,012,017 | €1,044,642 | +€32,625 | +3.2% |
| Recurring financial charges | 65 | €1,012,017 | €1,044,642 | +€32,625 | +3.2% |
| Debt charges | 650 | €19,811 | €25,319 | +€5,508 | +27.8% |
| Other financial charges | 652/9 | €992,206 | €1,019,324 | +€27,118 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €984,000 | €976,680 | -€7,320 | -0.7% |
| Income taxes | 67/77 | €297,658 | €312,154 | +€14,496 | +4.9% |
| Taxes | 670/3 | €297,658 | €312,154 | +€14,496 | +4.9% |
| Profit (loss) for the period | 9904 | €686,342 | €664,526 | -€21,816 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €686,342 | €664,526 | -€21,816 | -3.2% |
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 3 November 2026 via checked.be.