Magnes: 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.
Magnes
Largest movements
- Cash +€50,467
up €50,467 (+39.6%), from €127,430 to €177,897
mainly Net result for the year (+€78,257) and Tax, wage and social debts (+€1,464)
- Receivables within one year +€3,018
up €3,018 (+13.8%), from €21,804 to €24,822
- Reserves +€78,257
up €78,257 (+87.8%), from €89,150 to €167,406
- Other debts -€26,102
down €26,102 (-73.2%), from €35,652 to €9,550
- Financial charges +€108,830
up €108,830 (+7,823%), from €1,391 to €110,221
- Gross operating margin +€94,784
up €94,784 (+73.9%), from €128,205 to €222,989
- Taxes -€3,527
down €3,527 (-9.5%), from €37,251 to €33,724
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 | €151,095 | €205,299 | +€54,205 | +35.9% |
| Fixed assets | 21/28 | €1,529 | €1,552 | +€22 | +1.5% |
| Tangible fixed assets | 22/27 | €1,529 | €1,552 | +€22 | +1.5% |
| Furniture and vehicles | 24 | €1,529 | €1,552 | +€22 | +1.5% |
| Current assets | 29/58 | €149,565 | €203,748 | +€54,182 | +36.2% |
| Amounts receivable within one year | 40/41 | €21,804 | €24,822 | +€3,018 | +13.8% |
| Trade receivables | 40 | €21,804 | €24,822 | +€3,018 | +13.8% |
| Cash at bank and in hand | 54/58 | €127,430 | €177,897 | +€50,467 | +39.6% |
| Deferred charges and accrued income | 490/1 | €331 | €1,028 | +€697 | +211% |
| Total equity and liabilities | 10/49 | €151,095 | €205,299 | +€54,205 | +35.9% |
| Equity | 10/15 | €94,150 | €172,406 | +€78,257 | +83.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €89,150 | €167,406 | +€78,257 | +87.8% |
| Distributable reserves | 133 | €89,150 | €167,406 | +€78,257 | +87.8% |
| Amounts payable | 17/49 | €56,945 | €32,893 | -€24,052 | -42.2% |
| Amounts payable within one year | 42/48 | €56,945 | €32,893 | -€24,052 | -42.2% |
| Trade debts | 44 | €2,113 | €2,698 | +€586 | +27.7% |
| Suppliers | 440/4 | €2,113 | €2,698 | +€586 | +27.7% |
| Taxes, remuneration and social security | 45 | €19,180 | €20,644 | +€1,464 | +7.6% |
| Taxes | 450/3 | €19,180 | €20,644 | +€1,464 | +7.6% |
| Other amounts payable | 47/48 | €35,652 | €9,550 | -€26,102 | -73.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107 | €745 | +€638 | +595% |
| Other operating charges | 640/8 | €321 | €239 | -€82 | -25.7% |
| Gross operating margin | 9900 | €128,205 | €222,989 | +€94,784 | +73.9% |
| Operating profit (loss) | 9901 | €127,777 | €222,005 | +€94,228 | +73.7% |
| Financial income | 75/76B | €15 | €197 | +€182 | +1,211% |
| Recurring financial income | 75 | €15 | €197 | +€182 | +1,211% |
| Financial charges | 65/66B | €1,391 | €110,221 | +€108,830 | +7,823% |
| Recurring financial charges | 65 | €1,391 | €110,221 | +€108,830 | +7,823% |
| Profit (loss) for the period before taxes | 9903 | €126,400 | €111,981 | -€14,420 | -11.4% |
| Income taxes | 67/77 | €37,251 | €33,724 | -€3,527 | -9.5% |
| Profit (loss) for the period | 9904 | €89,150 | €78,257 | -€10,893 | -12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €89,150 | €78,257 | -€10,893 | -12.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.