MAGIC DESIGN: 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 DESIGN
Largest movements
- Stocks and contracts -€1.4m
no longer reported in 2025 (was €1.4m)
- Receivables within one year +€1.4m
up €1.4m (+1285.4%), from €108,338 to €1.5m
of which Other amounts receivable: +€1.0m
- Cash -€373,539
down €373,539 (-70.8%), from €527,758 to €154,219
mainly Receivables within one year (-€1.4m) and Net result for the year (-€308,661)
- Deferred charges and accrued income -€28,092
down €28,092 (-82.9%), from €33,889 to €5,796
- Profit (loss) carried forward -€308,661
down €308,661 (-85.4%), from €361,559 to €52,898
- Trade debts -€80,801
down €80,801 (-98.4%), from €82,134 to €1,333
- Tax, wage and social debts -€31,042
down €31,042 (-63.5%), from €48,849 to €17,807
of which Taxes: -€32,007
- Gross operating margin -€401,361
down €401,361, from €328,626 to -€72,735
- Staff costs +€59,310
up €59,310 (+39.7%), from €149,546 to €208,855
- Financial charges -€52,373
down €52,373 (-87.6%), from €59,757 to €7,384
- Taxes -€28,068
down €28,068 (-100.0%), from €28,068 to €0
- Other operating charges -€4,777
down €4,777 (-18.8%), from €25,383 to €20,606
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 | €2,110,637 | €1,688,556 | -€422,081 | -20.0% |
| Fixed assets | 21/28 | €21,944 | €27,583 | +€5,640 | +25.7% |
| Tangible fixed assets | 22/27 | €13,770 | €26 | -€13,744 | -99.8% |
| Plant, machinery and equipment | 23 | €301 | €26 | -€275 | -91.2% |
| Furniture and vehicles | 24 | €13,469 | - | -€13,469 | |
| Financial fixed assets | 28 | €8,174 | €27,557 | +€19,383 | +237.1% |
| Current assets | 29/58 | €2,088,693 | €1,660,973 | -€427,721 | -20.5% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €1,418,709 | - | -€1.4m | |
| Stocks | 30/36 | €1,418,709 | - | -€1.4m | |
| Amounts receivable within one year | 40/41 | €108,338 | €1,500,957 | +€1.4m | +1285.4% |
| Trade receivables | 40 | €83,204 | €426,123 | +€342,919 | +412.1% |
| Other amounts receivable | 41 | €25,134 | €1,074,835 | +€1.0m | +4176.3% |
| Cash at bank and in hand | 54/58 | €527,758 | €154,219 | -€373,539 | -70.8% |
| Deferred charges and accrued income | 490/1 | €33,889 | €5,796 | -€28,092 | -82.9% |
| Total equity and liabilities | 10/49 | €2,110,637 | €1,688,556 | -€422,081 | -20.0% |
| Equity | 10/15 | €1,978,076 | €1,669,415 | -€308,661 | -15.6% |
| Contributions | 10/11 | €78,312 | €78,312 | = | 0.0% |
| Reserves | 13 | €1,538,205 | €1,538,205 | = | 0.0% |
| Tax-exempt reserves | 132 | €20,519 | €20,519 | = | 0.0% |
| Distributable reserves | 133 | €1,517,685 | €1,517,685 | = | 0.0% |
| Profit (loss) carried forward | 14 | €361,559 | €52,898 | -€308,661 | -85.4% |
| Amounts payable | 17/49 | €132,561 | €19,141 | -€113,421 | -85.6% |
| Amounts payable within one year | 42/48 | €132,381 | €19,141 | -€113,240 | -85.5% |
| Trade debts | 44 | €82,134 | €1,333 | -€80,801 | -98.4% |
| Suppliers | 440/4 | €82,134 | €1,333 | -€80,801 | -98.4% |
| Taxes, remuneration and social security | 45 | €48,849 | €17,807 | -€31,042 | -63.5% |
| Taxes | 450/3 | €32,007 | - | -€32,007 | |
| Remuneration and social security | 454/9 | €16,842 | €17,807 | +€965 | +5.7% |
| Other amounts payable | 47/48 | €1,397 | - | -€1,397 | |
| Accrued charges and deferred income | 492/3 | €181 | - | -€181 | |
| Remuneration, social security and pensions | 62 | €149,546 | €208,855 | +€59,310 | +39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,994 | €412 | -€1,582 | -79.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €712 | +€712 | |
| Other operating charges | 640/8 | €25,383 | €20,606 | -€4,777 | -18.8% |
| Gross operating margin | 9900 | €328,626 | -€72,735 | -€401,361 | |
| Operating profit (loss) | 9901 | €151,703 | -€303,320 | -€455,024 | |
| Financial income | 75/76B | €1,827 | €2,044 | +€217 | +11.9% |
| Recurring financial income | 75 | €1,827 | €2,044 | +€217 | +11.9% |
| Financial charges | 65/66B | €59,757 | €7,384 | -€52,373 | -87.6% |
| Recurring financial charges | 65 | €59,757 | €7,384 | -€52,373 | -87.6% |
| Profit (loss) for the period before taxes | 9903 | €93,774 | -€308,661 | -€402,434 | |
| Income taxes | 67/77 | €28,068 | €0 | -€28,068 | -100.0% |
| Profit (loss) for the period | 9904 | €65,705 | -€308,661 | -€374,366 | |
| Profit (loss) for the period to be appropriated | 9905 | €65,705 | -€308,661 | -€374,366 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.