TRANSPORT MAGIERA: 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.
TRANSPORT MAGIERA
Largest movements
- Tangible fixed assets +€192,942
up €192,942 (+27.1%), from €712,490 to €905,432
of which Leasing and similar rights: +€191,619
- Receivables within one year +€77,547
up €77,547 (+26.5%), from €293,026 to €370,573
of which Trade receivables: +€73,630
- Deferred charges and accrued income +€18,758
up €18,758 (+785%), from €2,389 to €21,147
- Debts after one year +€164,836
up €164,836 (+28.7%), from €575,309 to €740,145
- Trade debts +€101,130
up €101,130 (+65.8%), from €153,737 to €254,867
- Current portion of long-term debt +€33,265
up €33,265 (+36.4%), from €91,386 to €124,651
- Tax, wage and social debts -€31,564
down €31,564 (-55.4%), from €56,969 to €25,405
of which Taxes: -€28,768
- Reserves +€15,407
new in 2025: €15,407
- Gross operating margin +€38,812
up €38,812 (+10.3%), from €375,006 to €413,818
- Other operating charges -€20,111
down €20,111 (-30.5%), from €66,031 to €45,920
- Staff costs +€16,599
up €16,599 (+12.3%), from €135,387 to €151,986
- Financial charges +€15,593
up €15,593 (+42.4%), from €36,743 to €52,336
- Depreciation +€10,293
up €10,293 (+8.8%), from €116,761 to €127,054
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 | €1,010,373 | €1,301,896 | +€291,523 | +28.9% |
| Fixed assets | 21/28 | €713,047 | €905,989 | +€192,942 | +27.1% |
| Tangible fixed assets | 22/27 | €712,490 | €905,432 | +€192,942 | +27.1% |
| Land and buildings | 22 | €9,006 | €8,011 | -€995 | -11.0% |
| Plant, machinery and equipment | 23 | €467 | €2,330 | +€1,863 | +399% |
| Furniture and vehicles | 24 | €34,086 | €34,541 | +€455 | +1.3% |
| Leasing and similar rights | 25 | €668,931 | €860,550 | +€191,619 | +28.6% |
| Financial fixed assets | 28 | €557 | €557 | = | 0.0% |
| Current assets | 29/58 | €297,326 | €395,907 | +€98,581 | +33.2% |
| Stocks and contracts in progress | 3 | - | €7 | +€7 | |
| Stocks | 30/36 | - | €7 | +€7 | |
| Amounts receivable within one year | 40/41 | €293,026 | €370,573 | +€77,547 | +26.5% |
| Trade receivables | 40 | €246,330 | €319,960 | +€73,630 | +29.9% |
| Other amounts receivable | 41 | €46,696 | €50,613 | +€3,917 | +8.4% |
| Current investments | 50/53 | - | €4,180 | +€4,180 | |
| Cash at bank and in hand | 54/58 | €1,911 | - | -€1,911 | |
| Deferred charges and accrued income | 490/1 | €2,389 | €21,147 | +€18,758 | +785% |
| Total equity and liabilities | 10/49 | €1,010,373 | €1,301,896 | +€291,523 | +28.9% |
| Equity | 10/15 | €66,468 | €81,875 | +€15,407 | +23.2% |
| Contributions | 10/11 | €28,500 | €28,500 | = | 0.0% |
| Reserves | 13 | - | €15,407 | +€15,407 | |
| Distributable reserves | 133 | - | €15,407 | +€15,407 | |
| Profit (loss) carried forward | 14 | €37,968 | €37,968 | = | 0.0% |
| Amounts payable | 17/49 | €943,905 | €1,220,021 | +€276,116 | +29.3% |
| Amounts payable after more than one year | 17 | €575,309 | €740,145 | +€164,836 | +28.7% |
| Financial debts | 170/4 | €575,309 | €740,145 | +€164,836 | +28.7% |
| Amounts payable within one year | 42/48 | €368,596 | €479,876 | +€111,280 | +30.2% |
| Current portion of amounts payable after more than one year | 42 | €91,386 | €124,651 | +€33,265 | +36.4% |
| Financial debts | 43 | €51,504 | €49,953 | -€1,551 | -3.0% |
| Credit institutions | 430/8 | €51,504 | €49,953 | -€1,551 | -3.0% |
| Trade debts | 44 | €153,737 | €254,867 | +€101,130 | +65.8% |
| Suppliers | 440/4 | €153,737 | €254,867 | +€101,130 | +65.8% |
| Taxes, remuneration and social security | 45 | €56,969 | €25,405 | -€31,564 | -55.4% |
| Taxes | 450/3 | €45,336 | €16,568 | -€28,768 | -63.5% |
| Remuneration and social security | 454/9 | €11,633 | €8,837 | -€2,796 | -24.0% |
| Other amounts payable | 47/48 | €15,000 | €25,000 | +€10,000 | +66.7% |
| Remuneration, social security and pensions | 62 | €135,387 | €151,986 | +€16,599 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,761 | €127,054 | +€10,293 | +8.8% |
| Other operating charges | 640/8 | €66,031 | €45,920 | -€20,111 | -30.5% |
| Non-recurring operating charges | 66A | - | €3,944 | +€3,944 | |
| Gross operating margin | 9900 | €375,006 | €413,818 | +€38,812 | +10.3% |
| Operating profit (loss) | 9901 | €56,827 | €84,914 | +€28,087 | +49.4% |
| Financial income | 75/76B | €3,366 | €111 | -€3,255 | -96.7% |
| Recurring financial income | 75 | €3,366 | €111 | -€3,255 | -96.7% |
| Financial charges | 65/66B | €36,743 | €52,336 | +€15,593 | +42.4% |
| Recurring financial charges | 65 | €36,743 | €52,336 | +€15,593 | +42.4% |
| Profit (loss) for the period before taxes | 9903 | €23,450 | €32,689 | +€9,239 | +39.4% |
| Income taxes | 67/77 | €343 | €7,282 | +€6,939 | +2,023% |
| Profit (loss) for the period | 9904 | €23,107 | €25,407 | +€2,300 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,107 | €25,407 | +€2,300 | +10.0% |
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 29 October 2026 via checked.be.