MANGNUS COMPUTER SERVICES: 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.
MANGNUS COMPUTER SERVICES
Largest movements
- Current investments +€31,529
up €31,529 (+18.3%), from €172,705 to €204,234
- Tangible fixed assets -€16,410
down €16,410 (-20.5%), from €80,103 to €63,693
of which Furniture and vehicles: -€13,542
- Receivables within one year +€13,731
up €13,731 (+87.4%), from €15,715 to €29,446
of which Trade receivables: +€14,667
- Cash +€3,457
up €3,457 (+25.2%), from €13,741 to €17,198
mainly Depreciation (+€24,893) and Net result for the year (+€23,810)
- Reserves +€22,144
up €22,144 (+19.4%), from €114,085 to €136,229
of which Distributable reserves: +€26,744
- Trade debts +€19,883
up €19,883 (+586.0%), from €3,393 to €23,276
- Debts after one year -€6,225
down €6,225 (-5.3%), from €116,579 to €110,354
of which Financial debts: -€6,225
- Tax, wage and social debts -€3,413
down €3,413 (-27.6%), from €12,357 to €8,944
of which Taxes: -€3,430
- Gross operating margin -€10,617
down €10,617 (-13.0%), from €81,404 to €70,787
- Depreciation +€6,892
up €6,892 (+38.3%), from €18,001 to €24,893
- Taxes +€4,849
up €4,849 (+75.2%), from €6,446 to €11,295
- Financial charges -€4,598
down €4,598 (-31.1%), from €14,791 to €10,193
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 | €284,539 | €318,393 | +€33,854 | +11.9% |
| Fixed assets | 21/28 | €80,103 | €63,693 | -€16,410 | -20.5% |
| Tangible fixed assets | 22/27 | €80,103 | €63,693 | -€16,410 | -20.5% |
| Land and buildings | 22 | €16,163 | €8,081 | -€8,082 | -50.0% |
| Plant, machinery and equipment | 23 | €9,051 | €14,265 | +€5,214 | +57.6% |
| Furniture and vehicles | 24 | €54,889 | €41,347 | -€13,542 | -24.7% |
| Current assets | 29/58 | €204,436 | €254,700 | +€50,264 | +24.6% |
| Amounts receivable within one year | 40/41 | €15,715 | €29,446 | +€13,731 | +87.4% |
| Trade receivables | 40 | €14,779 | €29,446 | +€14,667 | +99.2% |
| Other amounts receivable | 41 | €936 | - | -€936 | |
| Current investments | 50/53 | €172,705 | €204,234 | +€31,529 | +18.3% |
| Cash at bank and in hand | 54/58 | €13,741 | €17,198 | +€3,457 | +25.2% |
| Deferred charges and accrued income | 490/1 | €2,275 | €3,822 | +€1,547 | +68.0% |
| Total equity and liabilities | 10/49 | €284,539 | €318,393 | +€33,854 | +11.9% |
| Equity | 10/15 | €120,290 | €142,434 | +€22,144 | +18.4% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €114,085 | €136,229 | +€22,144 | +19.4% |
| Tax-exempt reserves | 132 | €20,833 | €16,233 | -€4,600 | -22.1% |
| Distributable reserves | 133 | €93,252 | €119,996 | +€26,744 | +28.7% |
| Amounts payable | 17/49 | €164,249 | €175,959 | +€11,710 | +7.1% |
| Amounts payable after more than one year | 17 | €116,579 | €110,354 | -€6,225 | -5.3% |
| Financial debts | 170/4 | €16,579 | €10,354 | -€6,225 | -37.5% |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €47,670 | €65,605 | +€17,935 | +37.6% |
| Current portion of amounts payable after more than one year | 42 | €9,023 | €9,165 | +€142 | +1.6% |
| Trade debts | 44 | €3,393 | €23,276 | +€19,883 | +586.0% |
| Suppliers | 440/4 | €3,393 | €23,276 | +€19,883 | +586.0% |
| Taxes, remuneration and social security | 45 | €12,357 | €8,944 | -€3,413 | -27.6% |
| Taxes | 450/3 | €10,327 | €6,897 | -€3,430 | -33.2% |
| Remuneration and social security | 454/9 | €2,030 | €2,047 | +€17 | +0.8% |
| Other amounts payable | 47/48 | €22,897 | €24,220 | +€1,323 | +5.8% |
| Non-recurring operating income | 76A | €23,000 | - | -€23,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,001 | €24,893 | +€6,892 | +38.3% |
| Other operating charges | 640/8 | €2,006 | €2,134 | +€128 | +6.4% |
| Gross operating margin | 9900 | €81,404 | €70,787 | -€10,617 | -13.0% |
| Operating profit (loss) | 9901 | €61,397 | €43,760 | -€17,637 | -28.7% |
| Financial income | 75/76B | €1,450 | €1,538 | +€88 | +6.1% |
| Recurring financial income | 75 | €1,450 | €1,538 | +€88 | +6.1% |
| Financial charges | 65/66B | €14,791 | €10,193 | -€4,598 | -31.1% |
| Recurring financial charges | 65 | €14,791 | €10,193 | -€4,598 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | €48,056 | €35,105 | -€12,951 | -26.9% |
| Income taxes | 67/77 | €6,446 | €11,295 | +€4,849 | +75.2% |
| Profit (loss) for the period | 9904 | €41,610 | €23,810 | -€17,800 | -42.8% |
| Transfer from tax-exempt reserves | 789 | €2,167 | €4,600 | +€2,433 | +112.3% |
| Transfer to tax-exempt reserves | 689 | €23,000 | - | -€23,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,777 | €28,410 | +€7,633 | +36.7% |
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 4 October 2026 via checked.be.