ID MAGIC BELGIQUE: what changed
ID MAGIC BELGIQUE
Largest movements
- Cash -€22,007
down €22,007 (-96.3%), from €22,853 to €846
mainly Net result for the year (-€64,261) and Trade debts (-€14,890)
- Stocks and contracts -€16,959
down €16,959 (-100%), from €16,959 to €0
- Receivables within one year -€14,256
down €14,256 (-81.0%), from €17,607 to €3,351
of which Trade receivables: -€7,348
- Deferred charges and accrued income -€1,920
down €1,920 (-100%), from €1,920 to €0
- Tangible fixed assets -€1,342
down €1,342 (-100%), from €1,342 to €0
of which Furniture and vehicles: -€679
- Profit (loss) carried forward -€64,261
down €64,261, from €20,882 to -€43,379
- Tax, wage and social debts +€28,054
up €28,054, from €0 to €28,054
of which Taxes: +€28,054
- Trade debts -€14,890
down €14,890 (-100%), from €14,890 to €0
- Current portion of long-term debt -€5,098
down €5,098 (-100%), from €5,098 to €0
- Gross operating margin -€37,441
down €37,441, from €1,735 to -€35,706
- Provisions +€26,400
new in 2025: €26,400
- Financial income +€4,204
up €4,204 (+28,027%), from €15 to €4,219
of which Non-recurring financial income: +€4,200
- Financial charges +€3,162
up €3,162 (+1,776%), from €178 to €3,340
of which Non-recurring financial charges: +€3,340
- Write-downs +€2,634
new in 2025: €2,634
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,681 | €4,197 | -€56,484 | -93.1% |
| Fixed assets | 21/28 | €1,342 | €0 | -€1,342 | -100% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €1,342 | €0 | -€1,342 | -100% |
| Plant, machinery and equipment | 23 | €663 | €0 | -€663 | -100% |
| Furniture and vehicles | 24 | €679 | €0 | -€679 | -100% |
| Current assets | 29/58 | €59,339 | €4,197 | -€55,142 | -92.9% |
| Stocks and contracts in progress | 3 | €16,959 | €0 | -€16,959 | -100% |
| Stocks | 30/36 | €16,959 | €0 | -€16,959 | -100% |
| Amounts receivable within one year | 40/41 | €17,607 | €3,351 | -€14,256 | -81.0% |
| Trade receivables | 40 | €10,699 | €3,351 | -€7,348 | -68.7% |
| Other amounts receivable | 41 | €6,908 | - | -€6,908 | |
| Cash at bank and in hand | 54/58 | €22,853 | €846 | -€22,007 | -96.3% |
| Deferred charges and accrued income | 490/1 | €1,920 | €0 | -€1,920 | -100% |
| Total equity and liabilities | 10/49 | €60,681 | €4,197 | -€56,484 | -93.1% |
| Equity | 10/15 | €40,404 | -€23,857 | -€64,261 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €930 | €930 | = | 0.0% |
| Non-distributable reserves | 130/1 | €930 | €930 | = | 0.0% |
| Legal reserve | 130 | €930 | €930 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,882 | -€43,379 | -€64,261 | |
| Amounts payable | 17/49 | €20,277 | €28,054 | +€7,777 | +38.4% |
| Amounts payable after more than one year | 17 | €289 | €0 | -€289 | -100% |
| Financial debts | 170/4 | €289 | €0 | -€289 | -100% |
| Amounts payable within one year | 42/48 | €19,988 | €28,054 | +€8,066 | +40.4% |
| Current portion of amounts payable after more than one year | 42 | €5,098 | €0 | -€5,098 | -100% |
| Trade debts | 44 | €14,890 | €0 | -€14,890 | -100% |
| Suppliers | 440/4 | €14,890 | €0 | -€14,890 | -100% |
| Taxes, remuneration and social security | 45 | €0 | €28,054 | +€28,054 | |
| Taxes | 450/3 | €0 | €28,054 | +€28,054 | |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | - | €0 | = | |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €387 | €400 | +€13 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €742 | - | -€742 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,634 | +€2,634 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €26,400 | +€26,400 | |
| Gross operating margin | 9900 | €1,735 | -€35,706 | -€37,441 | |
| Operating profit (loss) | 9901 | €606 | -€65,140 | -€65,746 | |
| Financial income | 75/76B | €15 | €4,219 | +€4,204 | +28,027% |
| Recurring financial income | 75 | €15 | €19 | +€4 | +26.7% |
| Non-recurring financial income | 76B | - | €4,200 | +€4,200 | |
| Financial charges | 65/66B | €178 | €3,340 | +€3,162 | +1,776% |
| Recurring financial charges | 65 | €178 | €3,340 | +€3,162 | +1,776% |
| Non-recurring financial charges | 66B | - | €3,340 | +€3,340 | |
| Profit (loss) for the period before taxes | 9903 | €443 | -€64,261 | -€64,704 | |
| Income taxes | 67/77 | €19 | - | -€19 | |
| Profit (loss) for the period | 9904 | €424 | -€64,261 | -€64,685 | |
| Profit (loss) for the period to be appropriated | 9905 | €424 | -€64,261 | -€64,685 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.