Magic Bidco: 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.
What changed
Magic Bidco
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€318,997
2024 · -€123,231+€442,228
Equity
€116.7m
2024 · €145.5m-€28.8m
Cash
€87,122
2024 · €37,488+€49,635
Balance sheet total
€147.3m
2024 · €173.6m-€26.4m
Largest movements
Assets
- Financial fixed assets -€13.7m
down €13.7m (-8.8%), from €155.6m to €141.9m
of which Affiliated companies: -€13.7m
- Receivables within one year -€12.7m
down €12.7m (-75.3%), from €16.9m to €4.2m
of which Trade receivables: -€9.7m
Equity and liabilities
- Contributions -€29.1m
down €29.1m (-19.2%), from €151.3m to €122.2m
- Debts after one year +€11.2m
up €11.2m (+78.2%), from €14.3m to €25.4m
- Other debts -€4.0m
down €4.0m (-54.3%), from €7.4m to €3.4m
- Accrued charges and deferred income -€2.7m
down €2.7m (-74.3%), from €3.6m to €933,831
Income statement
- Services and other goods -€2.1m
down €2.1m (-40.8%), from €5.2m to €3.1m
- Turnover -€2.0m
down €2.0m (-40.9%), from €5.0m to €2.9m
- Financial charges -€285,637
down €285,637 (-16.4%), from €1.7m to €1.5m
- Other operating income +€60,500
up €60,500 (+9.5%), from €637,024 to €697,524
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.
Result 2024
-€123,231
Turnover
-€2.0m
Other operating income
+€60,500
Services and other goods
+€2.1m
Other operating charges
-€21,758
Other operating items
+€38,530
Financial income
+€37,112
Financial charges
+€285,637
Taxes
-€25,890
Result 2025
€318,997
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.
From operations
+€4.3m
Investment
+€13.7m
Financing
-€17.9m
Cash 2024
€37,488
From operations (derived)
+€4.3m
Net result for the year
+€318,997
Receivables within one year
+€12.7m
Deferred charges and accrued income
+€5,183
Trade debts
-€1.6m
Tax, wage and social debts
-€409,546
Other debts
-€4.0m
Accrued charges and deferred income
-€2.7m
Investment (derived)
+€13.7m
Investment in fixed assets (net)
+€13.7m
Financing
-€17.9m
Debts after one year
+€11.2m
Contributions, distributions and other
-€29.1m
Cash 2025
€87,122
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €173,631,865 | €147,268,394 | -€26.4m | -15.2% |
| Fixed assets | 21/28 | €155,567,655 | €141,902,662 | -€13.7m | -8.8% |
| Financial fixed assets | 28 | €155,567,655 | €141,902,662 | -€13.7m | -8.8% |
| Affiliated companies | 280/1 | €155,567,655 | €141,902,662 | -€13.7m | -8.8% |
| Participating interests | 280 | €146,791,240 | €137,291,240 | -€9.5m | -6.5% |
| Amounts receivable | 281 | €8,776,415 | €4,611,422 | -€4.2m | -47.5% |
| Other financial fixed assets | 284/8 | €0 | - | = | |
| Amounts receivable and cash guarantees | 285/8 | €0 | - | = | |
| Current assets | 29/58 | €18,064,211 | €5,365,732 | -€12.7m | -70.3% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €16,933,401 | €4,190,472 | -€12.7m | -75.3% |
| Trade receivables | 40 | €12,879,117 | €3,215,929 | -€9.7m | -75.0% |
| Other amounts receivable | 41 | €4,054,284 | €974,542 | -€3.1m | -76.0% |
| Cash at bank and in hand | 54/58 | €37,488 | €87,122 | +€49,635 | +132.4% |
| Deferred charges and accrued income | 490/1 | €1,093,321 | €1,088,138 | -€5,183 | -0.5% |
| Total equity and liabilities | 10/49 | €173,631,865 | €147,268,394 | -€26.4m | -15.2% |
| Equity | 10/15 | €145,457,070 | €116,674,296 | -€28.8m | -19.8% |
| Contributions | 10/11 | €151,333,331 | €122,231,560 | -€29.1m | -19.2% |
| Profit (loss) carried forward | 14 | -€5,876,261 | -€5,557,264 | +€318,997 | +5.4% |
| Amounts payable | 17/49 | €28,174,795 | €30,594,098 | +€2.4m | +8.6% |
| Amounts payable after more than one year | 17 | €14,257,945 | €25,413,229 | +€11.2m | +78.2% |
| Financial debts | 170/4 | €14,257,945 | €25,413,229 | +€11.2m | +78.2% |
| Other loans | 174 | €14,257,945 | €25,413,229 | +€11.2m | +78.2% |
| Amounts payable within one year | 42/48 | €10,283,406 | €4,247,039 | -€6.0m | -58.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,304,582 | €669,101 | -€1.6m | -71.0% |
| Suppliers | 440/4 | €2,304,582 | €669,101 | -€1.6m | -71.0% |
| Taxes, remuneration and social security | 45 | €624,351 | €214,805 | -€409,546 | -65.6% |
| Taxes | 450/3 | €624,351 | €214,805 | -€409,546 | -65.6% |
| Other amounts payable | 47/48 | €7,354,473 | €3,363,133 | -€4.0m | -54.3% |
| Accrued charges and deferred income | 492/3 | €3,633,445 | €933,831 | -€2.7m | -74.3% |
| Operating income | 70/76A | €5,621,059 | €3,680,652 | -€1.9m | -34.5% |
| Turnover | 70 | €4,984,036 | €2,944,598 | -€2.0m | -40.9% |
| Other operating income | 74 | €637,024 | €697,524 | +€60,500 | +9.5% |
| Non-recurring operating income | 76A | - | €38,530 | +€38,530 | |
| Operating charges | 60/66A | €5,168,078 | €3,082,301 | -€2.1m | -40.4% |
| Services and other goods | 61 | €5,167,060 | €3,059,526 | -€2.1m | -40.8% |
| Other operating charges | 640/8 | €1,018 | €22,775 | +€21,758 | +2138.3% |
| Operating profit (loss) | 9901 | €452,982 | €598,351 | +€145,369 | +32.1% |
| Financial income | 75/76B | €1,138,436 | €1,175,547 | +€37,112 | +3.3% |
| Recurring financial income | 75 | €1,138,436 | €1,175,547 | +€37,112 | +3.3% |
| Income from financial fixed assets | 750 | €1,000,414 | €986,003 | -€14,411 | -1.4% |
| Income from current assets | 751 | €3,991 | €0 | -€3,991 | -100.0% |
| Other financial income | 752/9 | €134,030 | €189,545 | +€55,514 | +41.4% |
| Financial charges | 65/66B | €1,740,538 | €1,454,901 | -€285,637 | -16.4% |
| Recurring financial charges | 65 | €1,740,538 | €1,454,901 | -€285,637 | -16.4% |
| Debt charges | 650 | €1,534,266 | €1,348,182 | -€186,083 | -12.1% |
| Other financial charges | 652/9 | €206,272 | €106,719 | -€99,554 | -48.3% |
| Profit (loss) for the period before taxes | 9903 | -€149,121 | €318,997 | +€468,118 | |
| Income taxes | 67/77 | -€25,890 | -€0 | +€25,890 | +100.0% |
| Taxes | 670/3 | €0 | - | = | |
| Tax adjustments and reversals of tax provisions | 77 | €25,890 | €0 | -€25,890 | -100.0% |
| Profit (loss) for the period | 9904 | -€123,231 | €318,997 | +€442,228 | |
| Profit (loss) for the period to be appropriated | 9905 | -€123,231 | €318,997 | +€442,228 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.