MAGIC CORNER: 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.
MAGIC CORNER
Largest movements
- Cash +€3,383
up €3,383 (+196.1%), from €1,725 to €5,108
mainly Other debts (+€8,316) and Depreciation (+€1,130)
- Tangible fixed assets -€1,130
down €1,130 (-54.9%), from €2,058 to €927
- Receivables within one year +€192
up €192 (+28.5%), from €673 to €865
- Deferred charges and accrued income +€182
up €182 (+24.9%), from €729 to €911
- Other debts +€8,316
up €8,316 (+1071.8%), from €776 to €9,092
- Trade debts -€6,311
down €6,311 (-80.4%), from €7,851 to €1,540
- Profit (loss) carried forward +€409
up €409 (+4.2%), from -€9,665 to -€9,256
- Tax, wage and social debts +€303
up €303 (+20.9%), from €1,446 to €1,749
- Gross operating margin +€5,577
up €5,577, from -€2,417 to €3,160
- Other operating charges +€689
up €689 (+104.1%), from €662 to €1,351
- Financial charges +€78
up €78 (+40.4%), from €193 to €271
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,416 | €13,132 | +€2,716 | +26.1% |
| Fixed assets | 21/28 | €6,063 | €4,932 | -€1,130 | -18.6% |
| Tangible fixed assets | 22/27 | €2,058 | €927 | -€1,130 | -54.9% |
| Plant, machinery and equipment | 23 | €2,058 | €927 | -€1,130 | -54.9% |
| Financial fixed assets | 28 | €4,005 | €4,005 | = | 0.0% |
| Current assets | 29/58 | €4,353 | €8,200 | +€3,847 | +88.4% |
| Stocks and contracts in progress | 3 | €1,226 | €1,316 | +€90 | +7.3% |
| Stocks | 30/36 | €1,226 | €1,316 | +€90 | +7.3% |
| Amounts receivable within one year | 40/41 | €673 | €865 | +€192 | +28.5% |
| Other amounts receivable | 41 | €673 | €865 | +€192 | +28.5% |
| Cash at bank and in hand | 54/58 | €1,725 | €5,108 | +€3,383 | +196.1% |
| Deferred charges and accrued income | 490/1 | €729 | €911 | +€182 | +24.9% |
| Total equity and liabilities | 10/49 | €10,416 | €13,132 | +€2,716 | +26.1% |
| Equity | 10/15 | €342 | €751 | +€409 | +119.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €7,507 | €7,507 | = | 0.0% |
| Distributable reserves | 133 | €7,507 | €7,507 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,665 | -€9,256 | +€409 | +4.2% |
| Amounts payable | 17/49 | €10,074 | €12,381 | +€2,308 | +22.9% |
| Amounts payable within one year | 42/48 | €10,074 | €12,381 | +€2,308 | +22.9% |
| Trade debts | 44 | €7,851 | €1,540 | -€6,311 | -80.4% |
| Suppliers | 440/4 | €7,851 | €1,540 | -€6,311 | -80.4% |
| Taxes, remuneration and social security | 45 | €1,446 | €1,749 | +€303 | +20.9% |
| Taxes | 450/3 | €1,446 | €1,749 | +€303 | +20.9% |
| Other amounts payable | 47/48 | €776 | €9,092 | +€8,316 | +1071.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,130 | €1,130 | = | 0.0% |
| Other operating charges | 640/8 | €662 | €1,351 | +€689 | +104.1% |
| Gross operating margin | 9900 | -€2,417 | €3,160 | +€5,577 | |
| Operating profit (loss) | 9901 | -€4,209 | €679 | +€4,888 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €193 | €271 | +€78 | +40.4% |
| Recurring financial charges | 65 | €193 | €271 | +€78 | +40.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,402 | €409 | +€4,810 | |
| Profit (loss) for the period | 9904 | -€4,402 | €409 | +€4,810 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,402 | €409 | +€4,810 |
Source: filed annual accounts (NBB), fiscal years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.