I-MAGIC CONCEPTS: 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.
I-MAGIC CONCEPTS
Largest movements
- Cash +€17,062
up €17,062 (+93.4%), from €18,260 to €35,322
mainly Depreciation (+€43,323) and Trade debts (+€10,090)
- Tangible fixed assets -€14,503
down €14,503 (-4.3%), from €333,729 to €319,226
of which Land and buildings: -€12,673
- Receivables within one year +€4,478
up €4,478 (+65.0%), from €6,884 to €11,361
of which Trade receivables: +€4,470
- Trade debts +€10,090
up €10,090 (+358.2%), from €2,817 to €12,908
- Profit (loss) carried forward -€6,300
down €6,300 (-3.0%), from -€210,805 to -€217,106
- Other debts +€4,471
up €4,471 (+0.8%), from €549,681 to €554,152
- Gross operating margin +€13,663
up €13,663 (+54.1%), from €25,248 to €38,912
- Depreciation +€2,712
up €2,712 (+6.7%), from €40,612 to €43,323
- Financial income +€824
up €824 (+6822.8%), from €12 to €836
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 | €360,244 | €368,363 | +€8,119 | +2.3% |
| Fixed assets | 21/28 | €333,759 | €319,256 | -€14,503 | -4.3% |
| Tangible fixed assets | 22/27 | €333,729 | €319,226 | -€14,503 | -4.3% |
| Land and buildings | 22 | €307,226 | €294,553 | -€12,673 | -4.1% |
| Plant, machinery and equipment | 23 | €14,602 | €13,475 | -€1,127 | -7.7% |
| Furniture and vehicles | 24 | €11,901 | €11,199 | -€703 | -5.9% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €26,485 | €49,107 | +€22,622 | +85.4% |
| Stocks and contracts in progress | 3 | - | €1,500 | +€1,500 | |
| Stocks | 30/36 | - | €1,500 | +€1,500 | |
| Amounts receivable within one year | 40/41 | €6,884 | €11,361 | +€4,478 | +65.0% |
| Trade receivables | 40 | €6,784 | €11,254 | +€4,470 | +65.9% |
| Other amounts receivable | 41 | €100 | €108 | +€8 | +8.0% |
| Cash at bank and in hand | 54/58 | €18,260 | €35,322 | +€17,062 | +93.4% |
| Deferred charges and accrued income | 490/1 | €1,341 | €923 | -€418 | -31.2% |
| Total equity and liabilities | 10/49 | €360,244 | €368,363 | +€8,119 | +2.3% |
| Equity | 10/15 | -€194,605 | -€200,906 | -€6,300 | -3.2% |
| Contributions | 10/11 | €16,200 | €16,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€210,805 | -€217,106 | -€6,300 | -3.0% |
| Amounts payable | 17/49 | €554,849 | €569,269 | +€14,419 | +2.6% |
| Amounts payable within one year | 42/48 | €554,156 | €569,149 | +€14,993 | +2.7% |
| Trade debts | 44 | €2,817 | €12,908 | +€10,090 | +358.2% |
| Suppliers | 440/4 | €2,817 | €12,908 | +€10,090 | +358.2% |
| Taxes, remuneration and social security | 45 | €1,658 | €2,089 | +€432 | +26.0% |
| Taxes | 450/3 | €1,658 | €2,089 | +€432 | +26.0% |
| Other amounts payable | 47/48 | €549,681 | €554,152 | +€4,471 | +0.8% |
| Accrued charges and deferred income | 492/3 | €694 | €120 | -€573 | -82.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,612 | €43,323 | +€2,712 | +6.7% |
| Other operating charges | 640/8 | €2,351 | €2,255 | -€95 | -4.1% |
| Gross operating margin | 9900 | €25,248 | €38,912 | +€13,663 | +54.1% |
| Operating profit (loss) | 9901 | -€17,714 | -€6,667 | +€11,047 | +62.4% |
| Financial income | 75/76B | €12 | €836 | +€824 | +6822.8% |
| Recurring financial income | 75 | €12 | €836 | +€824 | +6822.8% |
| Financial charges | 65/66B | €558 | €470 | -€88 | -15.8% |
| Recurring financial charges | 65 | €558 | €470 | -€88 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | -€18,260 | -€6,300 | +€11,960 | +65.5% |
| Profit (loss) for the period | 9904 | -€18,260 | -€6,300 | +€11,960 | +65.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,260 | -€6,300 | +€11,960 | +65.5% |
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 1 October 2026 via checked.be.