MOUNT MAGENTA: 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.
MOUNT MAGENTA
Largest movements
- Cash -€6,346
down €6,346 (-20.2%), from €31,361 to €25,015
mainly Other debts (-€10,890) and Net result for the year (-€2,988)
- Tangible fixed assets -€6,135
down €6,135 (-19.5%), from €31,418 to €25,283
- Deferred charges and accrued income -€1,188
down €1,188 (-95.1%), from €1,250 to €62
- Receivables within one year -€1,089
down €1,089 (-27.2%), from €3,999 to €2,910
of which Trade receivables: -€1,016
- Other debts -€10,890
down €10,890 (-77.4%), from €14,066 to €3,176
- Profit (loss) carried forward -€6,830
down €6,830, from €6,595 to -€236
- Reserves +€2,660
up €2,660 (+143%), from €1,860 to €4,520
of which Tax-exempt reserves: +€2,660
- Provisions +€887
new in 2025: €887
- Gross operating margin -€14,038
down €14,038 (-61.7%), from €22,762 to €8,724
- Taxes +€311
up €311 (+31.9%), from €975 to €1,286
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.
Derived cash bridge
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 | €68,974 | €53,954 | -€15,020 | -21.8% |
| Fixed assets | 21/28 | €32,364 | €25,967 | -€6,397 | -19.8% |
| Intangible fixed assets | 21 | €946 | €684 | -€263 | -27.8% |
| Tangible fixed assets | 22/27 | €31,418 | €25,283 | -€6,135 | -19.5% |
| Furniture and vehicles | 24 | €31,418 | €25,283 | -€6,135 | -19.5% |
| Current assets | 29/58 | €36,610 | €27,987 | -€8,623 | -23.6% |
| Amounts receivable within one year | 40/41 | €3,999 | €2,910 | -€1,089 | -27.2% |
| Trade receivables | 40 | €3,926 | €2,910 | -€1,016 | -25.9% |
| Other amounts receivable | 41 | €73 | - | -€73 | |
| Cash at bank and in hand | 54/58 | €31,361 | €25,015 | -€6,346 | -20.2% |
| Deferred charges and accrued income | 490/1 | €1,250 | €62 | -€1,188 | -95.1% |
| Total equity and liabilities | 10/49 | €68,974 | €53,954 | -€15,020 | -21.8% |
| Equity | 10/15 | €27,055 | €22,884 | -€4,171 | -15.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €4,520 | +€2,660 | +143% |
| Tax-exempt reserves | 132 | - | €2,660 | +€2,660 | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,595 | -€236 | -€6,830 | |
| Provisions and deferred taxes | 16 | - | €887 | +€887 | |
| Deferred taxes | 168 | - | €887 | +€887 | |
| Amounts payable | 17/49 | €41,919 | €30,183 | -€11,736 | -28.0% |
| Amounts payable after more than one year | 17 | €24,241 | €24,241 | = | 0.0% |
| Other amounts payable | 178/9 | €24,241 | €24,241 | = | 0.0% |
| Amounts payable within one year | 42/48 | €16,323 | €4,489 | -€11,835 | -72.5% |
| Trade debts | 44 | €468 | - | -€468 | |
| Suppliers | 440/4 | €468 | - | -€468 | |
| Taxes, remuneration and social security | 45 | €1,789 | €1,312 | -€477 | -26.7% |
| Taxes | 450/3 | €1,789 | €1,312 | -€477 | -26.7% |
| Other amounts payable | 47/48 | €14,066 | €3,176 | -€10,890 | -77.4% |
| Accrued charges and deferred income | 492/3 | €1,355 | €1,454 | +€98 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,535 | €8,642 | +€107 | +1.2% |
| Other operating charges | 640/8 | €684 | €687 | +€2 | +0.3% |
| Gross operating margin | 9900 | €22,762 | €8,724 | -€14,038 | -61.7% |
| Operating profit (loss) | 9901 | €13,542 | -€605 | -€14,147 | |
| Financial income | 75/76B | €163 | €156 | -€6 | -4.0% |
| Recurring financial income | 75 | €163 | €156 | -€6 | -4.0% |
| Financial charges | 65/66B | €1,400 | €1,549 | +€149 | +10.6% |
| Recurring financial charges | 65 | €1,400 | €1,549 | +€149 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €12,305 | -€1,998 | -€14,302 | |
| Transfer from deferred taxes | 780 | - | €296 | +€296 | |
| Income taxes | 67/77 | €975 | €1,286 | +€311 | +31.9% |
| Profit (loss) for the period | 9904 | €11,329 | -€2,988 | -€14,318 | |
| Transfer from tax-exempt reserves | 789 | - | €887 | +€887 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,329 | -€2,102 | -€13,431 |
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 24 October 2026 via checked.be.