INBETWEENMAGIC: 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.
INBETWEENMAGIC
Largest movements
- Cash +€34,895
up €34,895 (+19.8%), from €176,258 to €211,153
mainly Other debts (+€101,814) and Net result for the year (+€14,094)
- Receivables within one year -€11,453
down €11,453 (-29.3%), from €39,131 to €27,678
of which Trade receivables: -€9,468
- Tangible fixed assets -€5,201
down €5,201 (-39.4%), from €13,212 to €8,011
- Other debts +€101,814
new in 2025: €101,814
- Reserves -€85,047
down €85,047 (-51.8%), from €164,214 to €79,167
- Tax, wage and social debts +€3,157
up €3,157 (+34.0%), from €9,286 to €12,443
- Gross operating margin +€12,150
up €12,150 (+76.2%), from €15,940 to €28,090
- Depreciation -€7,854
down €7,854 (-57.4%), from €13,682 to €5,828
- Taxes +€5,584
up €5,584 (+538.2%), from €1,038 to €6,622
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 | €229,343 | €246,842 | +€17,499 | +7.6% |
| Fixed assets | 21/28 | €13,212 | €8,011 | -€5,201 | -39.4% |
| Tangible fixed assets | 22/27 | €13,212 | €8,011 | -€5,201 | -39.4% |
| Plant, machinery and equipment | 23 | €3,297 | €1,807 | -€1,490 | -45.2% |
| Furniture and vehicles | 24 | €5,485 | €3,801 | -€1,684 | -30.7% |
| Other tangible fixed assets | 26 | €4,430 | €2,403 | -€2,027 | -45.8% |
| Current assets | 29/58 | €216,131 | €238,831 | +€22,700 | +10.5% |
| Amounts receivable within one year | 40/41 | €39,131 | €27,678 | -€11,453 | -29.3% |
| Trade receivables | 40 | €31,702 | €22,234 | -€9,468 | -29.9% |
| Other amounts receivable | 41 | €7,429 | €5,445 | -€1,984 | -26.7% |
| Cash at bank and in hand | 54/58 | €176,258 | €211,153 | +€34,895 | +19.8% |
| Deferred charges and accrued income | 490/1 | €741 | - | -€741 | |
| Total equity and liabilities | 10/49 | €229,343 | €246,842 | +€17,499 | +7.6% |
| Equity | 10/15 | €217,569 | €132,523 | -€85,047 | -39.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €164,214 | €79,167 | -€85,047 | -51.8% |
| Distributable reserves | 133 | €164,214 | €79,167 | -€85,047 | -51.8% |
| Profit (loss) carried forward | 14 | €40,956 | €40,956 | = | 0.0% |
| Amounts payable | 17/49 | €11,774 | €114,320 | +€102,546 | +871.0% |
| Amounts payable within one year | 42/48 | €11,774 | €114,320 | +€102,546 | +871.0% |
| Trade debts | 44 | €2,488 | €63 | -€2,425 | -97.5% |
| Suppliers | 440/4 | €2,488 | €63 | -€2,425 | -97.5% |
| Taxes, remuneration and social security | 45 | €9,286 | €12,443 | +€3,157 | +34.0% |
| Taxes | 450/3 | €9,286 | €12,443 | +€3,157 | +34.0% |
| Other amounts payable | 47/48 | - | €101,814 | +€101,814 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,682 | €5,828 | -€7,854 | -57.4% |
| Other operating charges | 640/8 | €2,478 | €2,503 | +€25 | +1.0% |
| Gross operating margin | 9900 | €15,940 | €28,090 | +€12,150 | +76.2% |
| Operating profit (loss) | 9901 | -€221 | €19,759 | +€19,980 | |
| Financial income | 75/76B | €980 | €1,037 | +€57 | +5.8% |
| Recurring financial income | 75 | €980 | €1,037 | +€57 | +5.8% |
| Financial charges | 65/66B | €320 | €80 | -€240 | -75.1% |
| Recurring financial charges | 65 | €320 | €80 | -€240 | -75.1% |
| Profit (loss) for the period before taxes | 9903 | €439 | €20,716 | +€20,277 | +4618.6% |
| Income taxes | 67/77 | €1,038 | €6,622 | +€5,584 | +538.2% |
| Profit (loss) for the period | 9904 | -€599 | €14,094 | +€14,692 | |
| Profit (loss) for the period to be appropriated | 9905 | -€599 | €14,094 | +€14,692 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.