MAGIC FLUO: 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 FLUO
Largest movements
- Cash +€107,438
up €107,438 (+244.7%), from €43,899 to €151,337
mainly Current investments (+€90,000) and Contributions, distributions and other (+€19,712)
- Current investments -€90,000
no longer reported in 2025 (was €90,000)
- Reserves +€28,067
up €28,067 (+35.5%), from €79,133 to €107,200
of which Distributable reserves: +€53,946
- Debts after one year -€12,443
no longer reported in 2025 (was €12,443)
- Trade debts -€10,545
down €10,545 (-67.4%), from €15,638 to €5,093
- Tax, wage and social debts +€5,086
up €5,086 (+58.9%), from €8,639 to €13,725
- Other debts +€4,764
new in 2025: €4,764
- Turnover -€115,727
no longer reported in 2025 (was €115,727)
- Purchases and services -€87,042
no longer reported in 2025 (was €87,042)
- Gross operating margin -€13,635
down €13,635 (-47.5%), from €28,685 to €15,050
- Taxes +€5,150
new in 2025: €5,150
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 | €146,088 | €161,956 | +€15,868 | +10.9% |
| Current assets | 29/58 | €146,088 | €161,956 | +€15,868 | +10.9% |
| Amounts receivable within one year | 40/41 | €12,189 | €10,582 | -€1,607 | -13.2% |
| Trade receivables | 40 | €12,189 | €10,169 | -€2,020 | -16.6% |
| Other amounts receivable | 41 | - | €413 | +€413 | |
| Current investments | 50/53 | €90,000 | - | -€90,000 | |
| Cash at bank and in hand | 54/58 | €43,899 | €151,337 | +€107,438 | +244.7% |
| Deferred charges and accrued income | 490/1 | - | €37 | +€37 | |
| Total equity and liabilities | 10/49 | €146,088 | €161,956 | +€15,868 | +10.9% |
| Equity | 10/15 | €109,368 | €138,373 | +€29,005 | +26.5% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Capital | 10 | €22,000 | €22,000 | = | 0.0% |
| Issued capital | 100 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €79,133 | €107,200 | +€28,067 | +35.5% |
| Non-distributable reserves | 130/1 | €2,200 | €2,200 | = | 0.0% |
| Legal reserve | 130 | €2,200 | €2,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €25,879 | - | -€25,879 | |
| Distributable reserves | 133 | €51,054 | €105,000 | +€53,946 | +105.7% |
| Profit (loss) carried forward | 14 | €8,235 | €9,173 | +€938 | +11.4% |
| Amounts payable | 17/49 | €36,720 | €23,583 | -€13,137 | -35.8% |
| Amounts payable after more than one year | 17 | €12,443 | - | -€12,443 | |
| Other amounts payable | 178/9 | €12,443 | - | -€12,443 | |
| Amounts payable within one year | 42/48 | €24,277 | €23,583 | -€694 | -2.9% |
| Trade debts | 44 | €15,638 | €5,093 | -€10,545 | -67.4% |
| Suppliers | 440/4 | €15,638 | €5,093 | -€10,545 | -67.4% |
| Taxes, remuneration and social security | 45 | €8,639 | €13,725 | +€5,086 | +58.9% |
| Taxes | 450/3 | €8,639 | €13,725 | +€5,086 | +58.9% |
| Other amounts payable | 47/48 | - | €4,764 | +€4,764 | |
| Turnover | 70 | €115,727 | - | -€115,727 | |
| Goods, raw materials, services and sundry goods | 60/61 | €87,042 | - | -€87,042 | |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €28,685 | €15,050 | -€13,635 | -47.5% |
| Operating profit (loss) | 9901 | €28,685 | €14,651 | -€14,034 | -48.9% |
| Financial income | 75/76B | €443 | €77 | -€366 | -82.6% |
| Recurring financial income | 75 | €443 | €77 | -€366 | -82.6% |
| Non-recurring financial income | 76B | €443 | - | -€443 | |
| Financial charges | 65/66B | €494 | €285 | -€209 | -42.4% |
| Recurring financial charges | 65 | €494 | €285 | -€209 | -42.4% |
| Non-recurring financial charges | 66B | €494 | - | -€494 | |
| Profit (loss) for the period before taxes | 9903 | €28,634 | €14,443 | -€14,191 | -49.6% |
| Income taxes | 67/77 | - | €5,150 | +€5,150 | |
| Profit (loss) for the period | 9904 | €28,634 | €9,293 | -€19,341 | -67.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,634 | €9,293 | -€19,341 | -67.5% |
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 29 September 2026 via checked.be.