BY 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.
BY MAGIC
Largest movements
- Receivables within one year -€1,547
down €1,547 (-74.7%), from €2,072 to €525
of which Other amounts receivable: -€1,547
- Cash -€632
down €632 (-23.9%), from €2,642 to €2,010
mainly Other debts (-€4,385) and Stocks and contracts (-€389)
- Tangible fixed assets -€420
down €420 (-21.0%), from €2,004 to €1,584
- Stocks and contracts +€389
up €389 (+86.3%), from €450 to €839
- Deferred charges and accrued income +€314
up €314 (+68.3%), from €459 to €773
- Other debts -€4,385
down €4,385 (-99.6%), from €4,403 to €18
- Profit (loss) carried forward +€1,562
up €1,562 (+857.9%), from €182 to €1,744
- Tax, wage and social debts +€505
up €505, from €0 to €505
of which Taxes: +€505
- Trade debts +€421
up €421 (+21.7%), from €1,943 to €2,364
- Other operating charges -€3,037
down €3,037 (-88.7%), from €3,424 to €387
- Gross operating margin +€2,719
up €2,719 (+28.5%), from €9,551 to €12,269
- Financial charges +€984
up €984 (+614.6%), from €160 to €1,144
- Taxes +€505
up €505, from €0 to €505
- Staff costs +€412
up €412 (+5.2%), from €7,869 to €8,282
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,628 | €5,731 | -€1,897 | -24.9% |
| Fixed assets | 21/28 | €2,004 | €1,584 | -€420 | -21.0% |
| Tangible fixed assets | 22/27 | €2,004 | €1,584 | -€420 | -21.0% |
| Furniture and vehicles | 24 | €2,004 | €1,584 | -€420 | -21.0% |
| Current assets | 29/58 | €5,624 | €4,146 | -€1,477 | -26.3% |
| Stocks and contracts in progress | 3 | €450 | €839 | +€389 | +86.3% |
| Stocks | 30/36 | €450 | €839 | +€389 | +86.3% |
| Amounts receivable within one year | 40/41 | €2,072 | €525 | -€1,547 | -74.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,072 | €525 | -€1,547 | -74.7% |
| Cash at bank and in hand | 54/58 | €2,642 | €2,010 | -€632 | -23.9% |
| Deferred charges and accrued income | 490/1 | €459 | €773 | +€314 | +68.3% |
| Total equity and liabilities | 10/49 | €7,628 | €5,731 | -€1,897 | -24.9% |
| Equity | 10/15 | €1,282 | €2,844 | +€1,562 | +121.8% |
| Contributions | 10/11 | €1,100 | €1,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €182 | €1,744 | +€1,562 | +857.9% |
| Amounts payable | 17/49 | €6,346 | €2,887 | -€3,459 | -54.5% |
| Amounts payable within one year | 42/48 | €6,346 | €2,887 | -€3,459 | -54.5% |
| Trade debts | 44 | €1,943 | €2,364 | +€421 | +21.7% |
| Suppliers | 440/4 | €1,943 | €2,364 | +€421 | +21.7% |
| Taxes, remuneration and social security | 45 | €0 | €505 | +€505 | |
| Taxes | 450/3 | €0 | €505 | +€505 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €4,403 | €18 | -€4,385 | -99.6% |
| Remuneration, social security and pensions | 62 | €7,869 | €8,282 | +€412 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96 | €420 | +€324 | +339.7% |
| Other operating charges | 640/8 | €3,424 | €387 | -€3,037 | -88.7% |
| Gross operating margin | 9900 | €9,551 | €12,269 | +€2,719 | +28.5% |
| Operating profit (loss) | 9901 | -€1,839 | €3,180 | +€5,019 | |
| Financial income | 75/76B | - | €30 | +€30 | |
| Recurring financial income | 75 | - | €30 | +€30 | |
| Financial charges | 65/66B | €160 | €1,144 | +€984 | +614.6% |
| Recurring financial charges | 65 | €160 | €1,144 | +€984 | +614.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,999 | €2,067 | +€4,066 | |
| Income taxes | 67/77 | €0 | €505 | +€505 | |
| Profit (loss) for the period | 9904 | -€1,999 | €1,562 | +€3,561 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,999 | €1,562 | +€3,561 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.