BE MAGIC: 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.
BE MAGIC
Largest movements
- Receivables within one year -€17,957
down €17,957 (-98.9%), from €18,150 to €193
of which Trade receivables: -€18,150
- Cash +€15,457
new in 2025: €15,457
mainly Net result for the year (+€19,083) and Receivables within one year (+€17,957)
- Tangible fixed assets -€6,694
down €6,694 (-88.0%), from €7,606 to €912
of which Furniture and vehicles: -€6,289
- Deferred charges and accrued income +€1,359
up €1,359 (+128.7%), from €1,056 to €2,415
- Profit (loss) carried forward +€19,083
up €19,083 (+3.7%), from -€512,642 to -€493,559
- Other debts -€18,538
down €18,538 (-3.7%), from €506,438 to €487,900
- Current portion of long-term debt -€3,772
down €3,772 (-91.6%), from €4,118 to €346
- Tax, wage and social debts -€3,440
down €3,440 (-46.2%), from €7,443 to €4,003
- Short-term financial debts -€801
no longer reported in 2025 (was €801)
- Gross operating margin +€3,133
up €3,133 (+12.4%), from €25,234 to €28,366
- Other operating charges +€1,448
up €1,448 (+384.0%), from €377 to €1,825
- Depreciation -€992
down €992 (-12.9%), from €7,686 to €6,694
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 | €26,812 | €18,977 | -€7,835 | -29.2% |
| Fixed assets | 21/28 | €7,606 | €912 | -€6,694 | -88.0% |
| Tangible fixed assets | 22/27 | €7,606 | €912 | -€6,694 | -88.0% |
| Plant, machinery and equipment | 23 | €1,037 | €632 | -€405 | -39.0% |
| Furniture and vehicles | 24 | €6,569 | €279 | -€6,289 | -95.7% |
| Current assets | 29/58 | €19,206 | €18,065 | -€1,141 | -5.9% |
| Amounts receivable within one year | 40/41 | €18,150 | €193 | -€17,957 | -98.9% |
| Trade receivables | 40 | €18,150 | - | -€18,150 | |
| Other amounts receivable | 41 | - | €193 | +€193 | |
| Cash at bank and in hand | 54/58 | - | €15,457 | +€15,457 | |
| Deferred charges and accrued income | 490/1 | €1,056 | €2,415 | +€1,359 | +128.7% |
| Total equity and liabilities | 10/49 | €26,812 | €18,977 | -€7,835 | -29.2% |
| Equity | 10/15 | -€494,042 | -€474,959 | +€19,083 | +3.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€512,642 | -€493,559 | +€19,083 | +3.7% |
| Amounts payable | 17/49 | €520,854 | €493,935 | -€26,918 | -5.2% |
| Amounts payable after more than one year | 17 | €346 | - | -€346 | |
| Financial debts | 170/4 | €346 | - | -€346 | |
| Amounts payable within one year | 42/48 | €520,508 | €493,935 | -€26,572 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €4,118 | €346 | -€3,772 | -91.6% |
| Financial debts | 43 | €801 | - | -€801 | |
| Credit institutions | 430/8 | €801 | - | -€801 | |
| Trade debts | 44 | €1,707 | €1,686 | -€21 | -1.2% |
| Suppliers | 440/4 | €1,707 | €1,686 | -€21 | -1.2% |
| Taxes, remuneration and social security | 45 | €7,443 | €4,003 | -€3,440 | -46.2% |
| Taxes | 450/3 | €7,443 | €4,003 | -€3,440 | -46.2% |
| Other amounts payable | 47/48 | €506,438 | €487,900 | -€18,538 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,686 | €6,694 | -€992 | -12.9% |
| Other operating charges | 640/8 | €377 | €1,825 | +€1,448 | +384.0% |
| Gross operating margin | 9900 | €25,234 | €28,366 | +€3,133 | +12.4% |
| Operating profit (loss) | 9901 | €17,171 | €19,847 | +€2,677 | +15.6% |
| Financial income | 75/76B | €1 | €1 | = | 0.0% |
| Recurring financial income | 75 | €1 | €1 | = | 0.0% |
| Financial charges | 65/66B | €431 | €458 | +€27 | +6.3% |
| Recurring financial charges | 65 | €431 | €458 | +€27 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €16,741 | €19,391 | +€2,650 | +15.8% |
| Income taxes | 67/77 | €330 | €307 | -€22 | -6.8% |
| Profit (loss) for the period | 9904 | €16,411 | €19,083 | +€2,672 | +16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,411 | €19,083 | +€2,672 | +16.3% |
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 28 September 2026 via checked.be.