MAGELLAN FILMS: 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.
MAGELLAN FILMS
Largest movements
- Receivables within one year +€265,622
up €265,622 (+6,734%), from €3,944 to €269,566
of which Other amounts receivable: +€250,605
- Intangible fixed assets +€255,305
up €255,305 (+12.9%), from €2.0m to €2.2m
- Current investments -€200,000
down €200,000 (-66.7%), from €300,000 to €100,000
- Cash -€54,584
down €54,584 (-21.3%), from €255,890 to €201,306
mainly Investment in fixed assets (net) (-€1.0m) and Receivables within one year (-€265,622)
- Deferred charges and accrued income -€40,000
down €40,000 (-86.1%), from €46,451 to €6,451
- Accrued charges and deferred income +€211,905
up €211,905 (+8.2%), from €2.6m to €2.8m
- Gross operating margin +€156,994
up €156,994 (+23.3%), from €674,763 to €831,757
- Depreciation +€155,267
up €155,267 (+25.5%), from €609,695 to €764,962
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.
Derived cash bridge
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 | €2,596,787 | €2,821,232 | +€224,445 | +8.6% |
| Fixed assets | 21/28 | €1,990,501 | €2,243,909 | +€253,407 | +12.7% |
| Intangible fixed assets | 21 | €1,985,672 | €2,240,978 | +€255,305 | +12.9% |
| Tangible fixed assets | 22/27 | €4,829 | €2,931 | -€1,898 | -39.3% |
| Furniture and vehicles | 24 | €4,829 | €2,931 | -€1,898 | -39.3% |
| Current assets | 29/58 | €606,286 | €577,323 | -€28,963 | -4.8% |
| Amounts receivable within one year | 40/41 | €3,944 | €269,566 | +€265,622 | +6,734% |
| Trade receivables | 40 | €1,936 | €16,953 | +€15,017 | +776% |
| Other amounts receivable | 41 | €2,009 | €252,613 | +€250,605 | +12,476% |
| Current investments | 50/53 | €300,000 | €100,000 | -€200,000 | -66.7% |
| Cash at bank and in hand | 54/58 | €255,890 | €201,306 | -€54,584 | -21.3% |
| Deferred charges and accrued income | 490/1 | €46,451 | €6,451 | -€40,000 | -86.1% |
| Total equity and liabilities | 10/49 | €2,596,787 | €2,821,232 | +€224,445 | +8.6% |
| Equity | 10/15 | €24,447 | €25,247 | +€800 | +3.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,187 | €10,987 | +€800 | +7.9% |
| Amounts payable | 17/49 | €2,572,340 | €2,795,985 | +€223,645 | +8.7% |
| Amounts payable within one year | 42/48 | €2,117 | €13,857 | +€11,740 | +555% |
| Trade debts | 44 | €297 | €8,685 | +€8,388 | +2,824% |
| Suppliers | 440/4 | €297 | €8,685 | +€8,388 | +2,824% |
| Taxes, remuneration and social security | 45 | €1,820 | €2,218 | +€398 | +21.8% |
| Taxes | 450/3 | €420 | €818 | +€398 | +94.6% |
| Remuneration and social security | 454/9 | €1,400 | €1,400 | = | 0.0% |
| Other amounts payable | 47/48 | - | €2,954 | +€2,954 | |
| Accrued charges and deferred income | 492/3 | €2,570,223 | €2,782,128 | +€211,905 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €609,695 | €764,962 | +€155,267 | +25.5% |
| Other operating charges | 640/8 | €968 | €1,180 | +€212 | +21.9% |
| Gross operating margin | 9900 | €674,763 | €831,757 | +€156,994 | +23.3% |
| Operating profit (loss) | 9901 | €64,100 | €65,615 | +€1,515 | +2.4% |
| Financial income | 75/76B | €2,289 | €4,441 | +€2,153 | +94.1% |
| Recurring financial income | 75 | €2,289 | €4,441 | +€2,153 | +94.1% |
| Financial charges | 65/66B | €64,963 | €69,257 | +€4,293 | +6.6% |
| Recurring financial charges | 65 | €64,963 | €69,257 | +€4,293 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | €1,426 | €800 | -€626 | -43.9% |
| Profit (loss) for the period | 9904 | €1,426 | €800 | -€626 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,426 | €800 | -€626 | -43.9% |
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 28 October 2026 via checked.be.