MAGRETEA: 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.
MAGRETEA
Largest movements
- Cash +€64,726
up €64,726 (+258.9%), from €25,004 to €89,730
mainly Net result for the year (+€84,875) and Other debts (+€44,500)
- Receivables within one year -€12,608
down €12,608 (-36.3%), from €34,691 to €22,083
of which Trade receivables: -€12,581
- Tangible fixed assets -€1,492
down €1,492 (-48.1%), from €3,105 to €1,613
- Other debts +€44,500
up €44,500 (+111.3%), from €40,000 to €84,500
- Tax, wage and social debts +€7,240
up €7,240 (+1028.4%), from €704 to €7,944
- Gross operating margin +€65,645
up €65,645 (+145.9%), from €44,998 to €110,643
- Taxes +€13,761
up €13,761 (+160.6%), from €8,569 to €22,330
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.
Cash bridge derived
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 | €65,198 | €115,835 | +€50,637 | +77.7% |
| Fixed assets | 21/28 | €3,105 | €1,613 | -€1,492 | -48.1% |
| Tangible fixed assets | 22/27 | €3,105 | €1,613 | -€1,492 | -48.1% |
| Furniture and vehicles | 24 | €3,105 | €1,613 | -€1,492 | -48.1% |
| Current assets | 29/58 | €62,093 | €114,222 | +€52,129 | +84.0% |
| Amounts receivable within one year | 40/41 | €34,691 | €22,083 | -€12,608 | -36.3% |
| Trade receivables | 40 | €27,610 | €15,029 | -€12,581 | -45.6% |
| Other amounts receivable | 41 | €7,081 | €7,054 | -€27 | -0.4% |
| Cash at bank and in hand | 54/58 | €25,004 | €89,730 | +€64,726 | +258.9% |
| Deferred charges and accrued income | 490/1 | €2,398 | €2,409 | +€11 | +0.5% |
| Total equity and liabilities | 10/49 | €65,198 | €115,835 | +€50,637 | +77.7% |
| Equity | 10/15 | €21,143 | €21,518 | +€375 | +1.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €683 | €1,058 | +€375 | +54.9% |
| Amounts payable | 17/49 | €44,055 | €94,317 | +€50,262 | +114.1% |
| Amounts payable after more than one year | 17 | €1,114 | €372 | -€742 | -66.6% |
| Other amounts payable | 178/9 | €1,114 | €372 | -€742 | -66.6% |
| Amounts payable within one year | 42/48 | €42,698 | €93,701 | +€51,003 | +119.5% |
| Trade debts | 44 | €1,994 | €1,257 | -€737 | -37.0% |
| Suppliers | 440/4 | €1,994 | €1,257 | -€737 | -37.0% |
| Taxes, remuneration and social security | 45 | €704 | €7,944 | +€7,240 | +1028.4% |
| Taxes | 450/3 | €704 | €7,944 | +€7,240 | +1028.4% |
| Other amounts payable | 47/48 | €40,000 | €84,500 | +€44,500 | +111.3% |
| Accrued charges and deferred income | 492/3 | €243 | €244 | +€1 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,162 | €1,492 | +€330 | +28.4% |
| Other operating charges | 640/8 | €388 | €400 | +€12 | +3.1% |
| Gross operating margin | 9900 | €44,998 | €110,643 | +€65,645 | +145.9% |
| Operating profit (loss) | 9901 | €43,448 | €108,751 | +€65,303 | +150.3% |
| Financial charges | 65/66B | €2,064 | €1,546 | -€518 | -25.1% |
| Recurring financial charges | 65 | €2,064 | €1,546 | -€518 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €41,384 | €107,205 | +€65,821 | +159.0% |
| Income taxes | 67/77 | €8,569 | €22,330 | +€13,761 | +160.6% |
| Profit (loss) for the period | 9904 | €32,815 | €84,875 | +€52,060 | +158.6% |
| Profit (loss) for the period to be appropriated | 9905 | €32,815 | €84,875 | +€52,060 | +158.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.