INSTANT 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.
INSTANT MAGIC
Largest movements
- Tangible fixed assets +€333,581
up €333,581 (+1851.4%), from €18,018 to €351,599
of which Land and buildings: +€330,661
- Cash +€24,804
up €24,804 (+51.8%), from €47,902 to €72,705
mainly Debts after one year (+€334,100) and Net result for the year (+€21,422)
- Stocks and contracts +€12,718
up €12,718 (+160.6%), from €7,920 to €20,638
- Debts after one year +€334,100
up €334,100 (+851.1%), from €39,253 to €373,353
- Profit (loss) carried forward +€21,422
up €21,422 (+327.8%), from €6,534 to €27,956
- Tax, wage and social debts +€15,500
up €15,500 (+552.0%), from €2,808 to €18,308
of which Taxes: +€8,855
- Current portion of long-term debt +€13,802
up €13,802 (+150.5%), from €9,169 to €22,971
- Trade debts -€10,324
down €10,324 (-90.5%), from €11,414 to €1,089
- Turnover +€95,415
up €95,415 (+198.5%), from €48,073 to €143,488
- Gross operating margin +€88,724
up €88,724 (+762.6%), from €11,635 to €100,359
- Staff costs +€42,220
up €42,220 (+5468.3%), from €772 to €42,992
- Purchases and services +€25,060
up €25,060 (+68.8%), from €36,438 to €61,498
- Financial charges +€15,811
up €15,811 (+2232.6%), from €708 to €16,519
of which Financial charges: +€14,739
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 | €74,349 | €447,358 | +€373,009 | +501.7% |
| Fixed assets | 21/28 | €18,018 | €351,599 | +€333,581 | +1851.4% |
| Tangible fixed assets | 22/27 | €18,018 | €351,599 | +€333,581 | +1851.4% |
| Land and buildings | 22 | - | €330,661 | +€330,661 | |
| Plant, machinery and equipment | 23 | €12,248 | €11,239 | -€1,009 | -8.2% |
| Furniture and vehicles | 24 | €5,769 | €9,699 | +€3,930 | +68.1% |
| Current assets | 29/58 | €56,332 | €95,760 | +€39,428 | +70.0% |
| Stocks and contracts in progress | 3 | €7,920 | €20,638 | +€12,718 | +160.6% |
| Stocks | 30/36 | €7,920 | €20,638 | +€12,718 | +160.6% |
| Amounts receivable within one year | 40/41 | €40 | €1,640 | +€1,600 | +3971.2% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €40 | €1,640 | +€1,600 | +3971.2% |
| Cash at bank and in hand | 54/58 | €47,902 | €72,705 | +€24,804 | +51.8% |
| Deferred charges and accrued income | 490/1 | €469 | €776 | +€307 | +65.4% |
| Total equity and liabilities | 10/49 | €74,349 | €447,358 | +€373,009 | +501.7% |
| Equity | 10/15 | €7,534 | €28,956 | +€21,422 | +284.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,534 | €27,956 | +€21,422 | +327.8% |
| Amounts payable | 17/49 | €66,815 | €418,402 | +€351,587 | +526.2% |
| Amounts payable after more than one year | 17 | €39,253 | €373,353 | +€334,100 | +851.1% |
| Financial debts | 170/4 | €39,253 | €373,353 | +€334,100 | +851.1% |
| Amounts payable within one year | 42/48 | €27,562 | €45,049 | +€17,487 | +63.4% |
| Current portion of amounts payable after more than one year | 42 | €9,169 | €22,971 | +€13,802 | +150.5% |
| Trade debts | 44 | €11,414 | €1,089 | -€10,324 | -90.5% |
| Suppliers | 440/4 | €11,414 | €1,089 | -€10,324 | -90.5% |
| Taxes, remuneration and social security | 45 | €2,808 | €18,308 | +€15,500 | +552.0% |
| Taxes | 450/3 | €2,808 | €11,663 | +€8,855 | +315.3% |
| Remuneration and social security | 454/9 | €0 | €6,645 | +€6,645 | |
| Other amounts payable | 47/48 | €4,171 | €2,680 | -€1,491 | -35.7% |
| Turnover | 70 | €48,073 | €143,488 | +€95,415 | +198.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €36,438 | €61,498 | +€25,060 | +68.8% |
| Remuneration, social security and pensions | 62 | €772 | €42,992 | +€42,220 | +5468.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,711 | €16,216 | +€14,504 | +847.5% |
| Gross operating margin | 9900 | €11,635 | €100,359 | +€88,724 | +762.6% |
| Operating profit (loss) | 9901 | €9,152 | €41,151 | +€32,000 | +349.7% |
| Financial income | 75/76B | - | €2,440 | +€2,440 | |
| Recurring financial income | 75 | - | €84 | +€84 | |
| Non-recurring financial income | 76B | - | €2,356 | +€2,356 | |
| Financial charges | 65/66B | €708 | €16,519 | +€15,811 | +2232.6% |
| Recurring financial charges | 65 | €708 | €15,447 | +€14,739 | +2081.3% |
| Non-recurring financial charges | 66B | €0 | €1,072 | +€1,072 | +10718100.0% |
| Profit (loss) for the period before taxes | 9903 | €8,443 | €27,072 | +€18,628 | +220.6% |
| Income taxes | 67/77 | €1,909 | €5,650 | +€3,741 | +195.9% |
| Profit (loss) for the period | 9904 | €6,534 | €21,422 | +€14,888 | +227.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,534 | €21,422 | +€14,888 | +227.8% |
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 28 September 2026 via checked.be.