MAGIC DRIVE: 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 DRIVE
Largest movements
- Cash -€14,065
down €14,065 (-42.8%), from €32,833 to €18,769
mainly Other debts (-€17,437) and Investment in fixed assets (net) (-€17,189)
- Receivables within one year -€11,547
down €11,547 (-60.1%), from €19,210 to €7,663
of which Trade receivables: -€18,482
- Tangible fixed assets +€10,973
up €10,973 (+152%), from €7,222 to €18,195
- Other debts -€17,437
down €17,437 (-99.4%), from €17,543 to €106
- Tax, wage and social debts +€3,793
up €3,793 (+688%), from €552 to €4,345
- Profit (loss) carried forward -€1,239
down €1,239 (-3.2%), from €38,345 to €37,106
- Turnover -€90,286
no longer reported in 2025 (was €90,286)
- Purchases and services -€47,049
no longer reported in 2025 (was €47,049)
- Gross operating margin -€26,612
down €26,612 (-61.5%), from €43,237 to €16,625
- Staff costs +€2,247
up €2,247 (+31.4%), from €7,152 to €9,399
- Depreciation +€1,883
up €1,883 (+43.5%), from €4,333 to €6,216
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 | €59,266 | €44,627 | -€14,639 | -24.7% |
| Fixed assets | 21/28 | €7,222 | €18,195 | +€10,973 | +152% |
| Tangible fixed assets | 22/27 | €7,222 | €18,195 | +€10,973 | +152% |
| Furniture and vehicles | 24 | €7,222 | €18,195 | +€10,973 | +152% |
| Current assets | 29/58 | €52,044 | €26,432 | -€25,612 | -49.2% |
| Amounts receivable within one year | 40/41 | €19,210 | €7,663 | -€11,547 | -60.1% |
| Trade receivables | 40 | €19,054 | €572 | -€18,482 | -97.0% |
| Other amounts receivable | 41 | €157 | €7,092 | +€6,935 | +4,427% |
| Cash at bank and in hand | 54/58 | €32,833 | €18,769 | -€14,065 | -42.8% |
| Total equity and liabilities | 10/49 | €59,266 | €44,627 | -€14,639 | -24.7% |
| Equity | 10/15 | €40,345 | €39,106 | -€1,239 | -3.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,345 | €37,106 | -€1,239 | -3.2% |
| Amounts payable | 17/49 | €18,921 | €5,521 | -€13,400 | -70.8% |
| Amounts payable within one year | 42/48 | €18,921 | €5,521 | -€13,400 | -70.8% |
| Trade debts | 44 | €826 | €1,071 | +€245 | +29.6% |
| Suppliers | 440/4 | €826 | €1,071 | +€245 | +29.6% |
| Taxes, remuneration and social security | 45 | €552 | €4,345 | +€3,793 | +688% |
| Taxes | 450/3 | €552 | €4,345 | +€3,793 | +688% |
| Other amounts payable | 47/48 | €17,543 | €106 | -€17,437 | -99.4% |
| Turnover | 70 | €90,286 | - | -€90,286 | |
| Goods, raw materials, services and sundry goods | 60/61 | €47,049 | - | -€47,049 | |
| Remuneration, social security and pensions | 62 | €7,152 | €9,399 | +€2,247 | +31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,333 | €6,216 | +€1,883 | +43.5% |
| Other operating charges | 640/8 | €1,074 | €1,099 | +€25 | +2.3% |
| Gross operating margin | 9900 | €43,237 | €16,625 | -€26,612 | -61.5% |
| Operating profit (loss) | 9901 | €30,678 | -€89 | -€30,767 | |
| Financial charges | 65/66B | €36 | €107 | +€72 | +202% |
| Recurring financial charges | 65 | €36 | €107 | +€72 | +202% |
| Profit (loss) for the period before taxes | 9903 | €30,643 | -€196 | -€30,839 | |
| Income taxes | 67/77 | - | €1,043 | +€1,043 | |
| Profit (loss) for the period | 9904 | €30,643 | -€1,239 | -€31,882 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,643 | -€1,239 | -€31,882 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.