OLIVIER MAGER CONSTRUCTION: what changed
What changed
OLIVIER MAGER CONSTRUCTION
NACE 43.110, Demolition
filed annual accounts (NBB)
Net result for the year
-€41,213
2024 · -€932-€40,282
Equity
-€32,506
2024 · €8,707-€41,213
Cash
€5,681
2024 · €11,938-€6,257
Balance sheet total
€162,572
2024 · €173,742-€11,170
Largest movements
Assets
- Tangible fixed assets -€21,357
down €21,357 (-13.6%), from €157,559 to €136,202
- Receivables within one year +€10,391
up €10,391 (+862%), from €1,206 to €11,597
- Cash -€6,257
down €6,257 (-52.4%), from €11,938 to €5,681
mainly Net result for the year (-€41,213) and Receivables within one year (-€10,391)
- Deferred charges and accrued income +€6,054
up €6,054 (+199%), from €3,039 to €9,093
Equity and liabilities
- Profit (loss) carried forward -€41,213
down €41,213, from €647 to -€40,566
- Debts after one year +€25,993
up €25,993 (+25.9%), from €100,190 to €126,183
- Other debts -€9,972
down €9,972 (-28.8%), from €34,606 to €24,634
- Trade debts +€6,484
up €6,484 (+184%), from €3,528 to €10,013
- Tax, wage and social debts +€5,340
up €5,340 (+59.3%), from €8,999 to €14,339
of which Taxes: +€3,707
Income statement
- Staff costs +€26,704
up €26,704 (+49.6%), from €53,799 to €80,503
- Depreciation -€15,007
down €15,007 (-48.2%), from €31,164 to €16,157
- Gross operating margin -€1,743
down €1,743 (-2.0%), from €89,233 to €87,490
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
-€932
Gross operating margin
-€1,743
Staff costs
-€26,704
Depreciation
+€15,007
Other operating charges
+€136
Other operating items
-€26,684
Financial income
-€29
Financial charges
-€264
Result 2025
-€41,213
raises the resultlowers the resultnot broken down further in the accounts
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
-€40,649
Investment
+€5,201
Financing
+€29,191
Cash 2024
€11,938
From operations (derived)
-€40,649
Net result for the year
-€41,213
Depreciation
+€16,157
Receivables within one year
-€10,391
Deferred charges and accrued income
-€6,054
Trade debts
+€6,484
Tax, wage and social debts
+€5,340
Advances received
-€1,000
Other debts
-€9,972
Investment (derived)
+€5,201
Investment in fixed assets (net)
+€5,201
Financing
+€29,191
Debts after one year
+€25,993
Current portion of long-term debt
+€3,198
Cash 2025
€5,681
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €173,742 | €162,572 | -€11,170 | -6.4% |
| Fixed assets | 21/28 | €157,559 | €136,202 | -€21,357 | -13.6% |
| Tangible fixed assets | 22/27 | €157,559 | €136,202 | -€21,357 | -13.6% |
| Land and buildings | 22 | €134,646 | €124,215 | -€10,431 | -7.7% |
| Plant, machinery and equipment | 23 | €13,733 | €6,995 | -€6,738 | -49.1% |
| Furniture and vehicles | 24 | €9,180 | €4,992 | -€4,188 | -45.6% |
| Current assets | 29/58 | €16,183 | €26,371 | +€10,188 | +63.0% |
| Amounts receivable within one year | 40/41 | €1,206 | €11,597 | +€10,391 | +862% |
| Trade receivables | 40 | €1,206 | €11,597 | +€10,391 | +862% |
| Cash at bank and in hand | 54/58 | €11,938 | €5,681 | -€6,257 | -52.4% |
| Deferred charges and accrued income | 490/1 | €3,039 | €9,093 | +€6,054 | +199% |
| Total equity and liabilities | 10/49 | €173,742 | €162,572 | -€11,170 | -6.4% |
| Equity | 10/15 | €8,707 | -€32,506 | -€41,213 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €647 | -€40,566 | -€41,213 | |
| Amounts payable | 17/49 | €165,034 | €195,078 | +€30,044 | +18.2% |
| Amounts payable after more than one year | 17 | €100,190 | €126,183 | +€25,993 | +25.9% |
| Financial debts | 170/4 | €100,190 | €126,183 | +€25,993 | +25.9% |
| Amounts payable within one year | 42/48 | €64,845 | €68,895 | +€4,050 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €16,711 | €19,909 | +€3,198 | +19.1% |
| Trade debts | 44 | €3,528 | €10,013 | +€6,484 | +184% |
| Suppliers | 440/4 | €3,528 | €10,013 | +€6,484 | +184% |
| Advances received on contracts in progress | 46 | €1,000 | - | -€1,000 | |
| Taxes, remuneration and social security | 45 | €8,999 | €14,339 | +€5,340 | +59.3% |
| Taxes | 450/3 | €4,834 | €8,541 | +€3,707 | +76.7% |
| Remuneration and social security | 454/9 | €4,165 | €5,798 | +€1,632 | +39.2% |
| Other amounts payable | 47/48 | €34,606 | €24,634 | -€9,972 | -28.8% |
| Remuneration, social security and pensions | 62 | €53,799 | €80,503 | +€26,704 | +49.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,164 | €16,157 | -€15,007 | -48.2% |
| Other operating charges | 640/8 | €2,975 | €2,839 | -€136 | -4.6% |
| Non-recurring operating charges | 66A | - | €26,684 | +€26,684 | |
| Gross operating margin | 9900 | €89,233 | €87,490 | -€1,743 | -2.0% |
| Operating profit (loss) | 9901 | €1,295 | -€38,693 | -€39,988 | |
| Financial income | 75/76B | €29 | €0 | -€29 | -100.0% |
| Recurring financial income | 75 | €29 | €0 | -€29 | -100.0% |
| Financial charges | 65/66B | €2,256 | €2,520 | +€264 | +11.7% |
| Recurring financial charges | 65 | €2,256 | €2,520 | +€264 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | -€932 | -€41,213 | -€40,282 | -4,324% |
| Profit (loss) for the period | 9904 | -€932 | -€41,213 | -€40,282 | -4,324% |
| Profit (loss) for the period to be appropriated | 9905 | -€932 | -€41,213 | -€40,282 | -4,324% |
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.