Maguna: 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.
Maguna
Largest movements
- Cash +€19,613
up €19,613 (+133.0%), from €14,744 to €34,356
mainly Net result for the year (+€18,940) and Tax, wage and social debts (+€2,294)
- Receivables within one year +€667
up €667 (+11.1%), from €6,000 to €6,667
- Profit (loss) carried forward +€18,940
up €18,940 (+193.0%), from €9,812 to €28,751
- Tax, wage and social debts +€2,294
up €2,294 (+32.7%), from €7,005 to €9,300
- Trade debts -€947
down €947 (-89.4%), from €1,059 to €112
- Gross operating margin +€11,032
up €11,032 (+85.2%), from €12,945 to €23,977
- Taxes +€2,138
up €2,138 (+72.2%), from €2,960 to €5,098
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 | €20,876 | €41,163 | +€20,287 | +97.2% |
| Current assets | 29/58 | €20,876 | €41,163 | +€20,287 | +97.2% |
| Amounts receivable within one year | 40/41 | €6,000 | €6,667 | +€667 | +11.1% |
| Trade receivables | 40 | €6,000 | €6,667 | +€667 | +11.1% |
| Cash at bank and in hand | 54/58 | €14,744 | €34,356 | +€19,613 | +133.0% |
| Deferred charges and accrued income | 490/1 | €133 | €140 | +€7 | +5.5% |
| Total equity and liabilities | 10/49 | €20,876 | €41,163 | +€20,287 | +97.2% |
| Equity | 10/15 | €12,812 | €31,751 | +€18,940 | +147.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,812 | €28,751 | +€18,940 | +193.0% |
| Amounts payable | 17/49 | €8,064 | €9,412 | +€1,347 | +16.7% |
| Amounts payable within one year | 42/48 | €8,064 | €9,412 | +€1,347 | +16.7% |
| Trade debts | 44 | €1,059 | €112 | -€947 | -89.4% |
| Suppliers | 440/4 | €1,059 | €112 | -€947 | -89.4% |
| Taxes, remuneration and social security | 45 | €7,005 | €9,300 | +€2,294 | +32.7% |
| Taxes | 450/3 | €7,005 | €9,300 | +€2,294 | +32.7% |
| Other operating charges | 640/8 | €175 | €120 | -€55 | -31.5% |
| Gross operating margin | 9900 | €12,945 | €23,977 | +€11,032 | +85.2% |
| Operating profit (loss) | 9901 | €12,770 | €23,857 | +€11,087 | +86.8% |
| Financial income | 75/76B | €2 | €97 | +€96 | +5520.2% |
| Recurring financial income | 75 | €2 | €97 | +€96 | +5520.2% |
| Financial charges | 65/66B | - | -€84 | -€84 | |
| Recurring financial charges | 65 | - | -€84 | -€84 | |
| Profit (loss) for the period before taxes | 9903 | €12,772 | €24,038 | +€11,266 | +88.2% |
| Income taxes | 67/77 | €2,960 | €5,098 | +€2,138 | +72.2% |
| Profit (loss) for the period | 9904 | €9,812 | €18,940 | +€9,128 | +93.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,812 | €18,940 | +€9,128 | +93.0% |
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 10 October 2026 via checked.be.