magic and wonders: 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.
magic and wonders
Largest movements
- Cash -€21,105
no longer reported in 2025 (was €21,105)
mainly Net result for the year (-€20,797) and Trade debts (-€20,347)
- Deferred charges and accrued income +€15,316
new in 2025: €15,316
- Receivables within one year +€6,750
up €6,750 (+7.2%), from €93,165 to €99,915
of which Trade receivables: +€3,650
- Tangible fixed assets -€1,288
down €1,288 (-12.3%), from €10,471 to €9,183
of which Plant, machinery and equipment: -€1,223
- Advances received +€34,329
up €34,329 (+61.2%), from €56,129 to €90,458
- Profit (loss) carried forward -€20,797
down €20,797 (-72.7%), from -€28,622 to -€49,419
- Trade debts -€20,347
down €20,347 (-86.1%), from €23,628 to €3,281
- Other debts +€6,527
up €6,527 (+16.3%), from €40,000 to €46,527
- Gross operating margin -€12,705
down €12,705 (-430%), from -€2,952 to -€15,657
- Financial income -€3,022
down €3,022 (-99.9%), from €3,026 to €4
- Depreciation -€1,843
down €1,843 (-37.9%), from €4,859 to €3,016
- Other operating charges +€337
up €337 (+26.0%), from €1,297 to €1,634
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 | €124,741 | €124,414 | -€327 | -0.3% |
| Fixed assets | 21/28 | €10,471 | €9,183 | -€1,288 | -12.3% |
| Tangible fixed assets | 22/27 | €10,471 | €9,183 | -€1,288 | -12.3% |
| Plant, machinery and equipment | 23 | €5,420 | €4,197 | -€1,223 | -22.6% |
| Furniture and vehicles | 24 | €5,051 | €4,986 | -€65 | -1.3% |
| Current assets | 29/58 | €114,270 | €115,231 | +€961 | +0.8% |
| Amounts receivable within one year | 40/41 | €93,165 | €99,915 | +€6,750 | +7.2% |
| Trade receivables | 40 | €83,499 | €87,149 | +€3,650 | +4.4% |
| Other amounts receivable | 41 | €9,666 | €12,766 | +€3,100 | +32.1% |
| Cash at bank and in hand | 54/58 | €21,105 | - | -€21,105 | |
| Deferred charges and accrued income | 490/1 | - | €15,316 | +€15,316 | |
| Total equity and liabilities | 10/49 | €124,741 | €124,414 | -€327 | -0.3% |
| Equity | 10/15 | -€16,222 | -€37,019 | -€20,797 | -128% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,622 | -€49,419 | -€20,797 | -72.7% |
| Amounts payable | 17/49 | €140,963 | €161,433 | +€20,470 | +14.5% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Other amounts payable | 178/9 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €120,963 | €141,433 | +€20,470 | +16.9% |
| Financial debts | 43 | €433 | €39 | -€394 | -91.0% |
| Credit institutions | 430/8 | €433 | €39 | -€394 | -91.0% |
| Trade debts | 44 | €23,628 | €3,281 | -€20,347 | -86.1% |
| Suppliers | 440/4 | €23,628 | €3,281 | -€20,347 | -86.1% |
| Advances received on contracts in progress | 46 | €56,129 | €90,458 | +€34,329 | +61.2% |
| Taxes, remuneration and social security | 45 | €773 | €1,128 | +€355 | +45.9% |
| Taxes | 450/3 | €773 | €1,128 | +€355 | +45.9% |
| Other amounts payable | 47/48 | €40,000 | €46,527 | +€6,527 | +16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,859 | €3,016 | -€1,843 | -37.9% |
| Other operating charges | 640/8 | €1,297 | €1,634 | +€337 | +26.0% |
| Gross operating margin | 9900 | -€2,952 | -€15,657 | -€12,705 | -430% |
| Operating profit (loss) | 9901 | -€9,108 | -€20,307 | -€11,199 | -123% |
| Financial income | 75/76B | €3,026 | €4 | -€3,022 | -99.9% |
| Recurring financial income | 75 | €3,026 | €4 | -€3,022 | -99.9% |
| Financial charges | 65/66B | €555 | €494 | -€61 | -11.0% |
| Recurring financial charges | 65 | €555 | €494 | -€61 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,637 | -€20,797 | -€14,160 | -213% |
| Profit (loss) for the period | 9904 | -€6,637 | -€20,797 | -€14,160 | -213% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,637 | -€20,797 | -€14,160 | -213% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.