Magic Avenue Consulting: what changed
Magic Avenue Consulting
Largest movements
- Receivables within one year -€25,996
down €25,996 (-50.8%), from €51,188 to €25,192
of which Other amounts receivable: -€14,712
- Cash -€1,481
down €1,481 (-90.7%), from €1,633 to €152
mainly Trade debts (-€30,757)
- Trade debts -€30,757
down €30,757 (-98.5%), from €31,215 to €459
- Tax, wage and social debts +€1,432
up €1,432 (+16.0%), from €8,943 to €10,375
- Current portion of long-term debt +€817
new in 2024: €817
- Profit (loss) carried forward +€780
up €780 (+7.4%), from €10,582 to €11,362
- Gross operating margin -€11,162
down €11,162 (-66.0%), from €16,918 to €5,757
- Taxes -€4,141
down €4,141 (-76.0%), from €5,452 to €1,311
- Financial charges +€1,699
up €1,699 (+2,324%), from €73 to €1,772
- Other operating charges +€1,185
up €1,185 (+259%), from €458 to €1,644
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,241 | €25,513 | -€27,727 | -52.1% |
| Formation expenses | 20 | €420 | €169 | -€250 | -59.6% |
| Current assets | 29/58 | €52,821 | €25,344 | -€27,477 | -52.0% |
| Amounts receivable within one year | 40/41 | €51,188 | €25,192 | -€25,996 | -50.8% |
| Trade receivables | 40 | €11,284 | €0 | -€11,284 | -100% |
| Other amounts receivable | 41 | €39,904 | €25,192 | -€14,712 | -36.9% |
| Cash at bank and in hand | 54/58 | €1,633 | €152 | -€1,481 | -90.7% |
| Total equity and liabilities | 10/49 | €53,241 | €25,513 | -€27,727 | -52.1% |
| Equity | 10/15 | €13,082 | €13,862 | +€780 | +6.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,582 | €11,362 | +€780 | +7.4% |
| Amounts payable | 17/49 | €40,158 | €11,651 | -€28,507 | -71.0% |
| Amounts payable within one year | 42/48 | €40,158 | €11,651 | -€28,507 | -71.0% |
| Current portion of amounts payable after more than one year | 42 | - | €817 | +€817 | |
| Trade debts | 44 | €31,215 | €459 | -€30,757 | -98.5% |
| Suppliers | 440/4 | €31,215 | €459 | -€30,757 | -98.5% |
| Taxes, remuneration and social security | 45 | €8,943 | €10,375 | +€1,432 | +16.0% |
| Taxes | 450/3 | €8,943 | €10,375 | +€1,432 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €331 | €250 | -€81 | -24.4% |
| Other operating charges | 640/8 | €458 | €1,644 | +€1,185 | +259% |
| Non-recurring operating charges | 66A | €22 | - | -€22 | |
| Gross operating margin | 9900 | €16,918 | €5,757 | -€11,162 | -66.0% |
| Operating profit (loss) | 9901 | €16,107 | €3,863 | -€12,244 | -76.0% |
| Financial charges | 65/66B | €73 | €1,772 | +€1,699 | +2,324% |
| Recurring financial charges | 65 | €73 | €1,772 | +€1,699 | +2,324% |
| Profit (loss) for the period before taxes | 9903 | €16,034 | €2,091 | -€13,943 | -87.0% |
| Income taxes | 67/77 | €5,452 | €1,311 | -€4,141 | -76.0% |
| Profit (loss) for the period | 9904 | €10,582 | €780 | -€9,802 | -92.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,582 | €780 | -€9,802 | -92.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.