MAGIC HANDS: 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 HANDS
Largest movements
- Receivables within one year +€4,012
up €4,012 (+135%), from €2,975 to €6,987
of which Trade receivables: +€3,905
- Cash +€1,976
up €1,976 (+288%), from €686 to €2,663
mainly Trade debts (+€3,798) and Net result for the year (+€3,197)
- Trade debts +€3,798
up €3,798 (+370%), from €1,027 to €4,825
- Profit (loss) carried forward +€3,197
up €3,197 (+16.0%), from -€20,034 to -€16,837
- Tax, wage and social debts -€1,006
down €1,006 (-45.5%), from €2,209 to €1,203
of which Remuneration and social security: -€2,209
- Staff costs -€10,682
no longer reported in 2025 (was €10,682)
- Gross operating margin -€7,699
down €7,699 (-70.6%), from €10,901 to €3,202
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 | €3,662 | €9,650 | +€5,988 | +164% |
| Current assets | 29/58 | €3,662 | €9,650 | +€5,988 | +164% |
| Amounts receivable within one year | 40/41 | €2,975 | €6,987 | +€4,012 | +135% |
| Trade receivables | 40 | - | €3,905 | +€3,905 | |
| Other amounts receivable | 41 | €2,975 | €3,082 | +€107 | +3.6% |
| Cash at bank and in hand | 54/58 | €686 | €2,663 | +€1,976 | +288% |
| Total equity and liabilities | 10/49 | €3,662 | €9,650 | +€5,988 | +164% |
| Equity | 10/15 | €426 | €3,623 | +€3,197 | +750% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€20,034 | -€16,837 | +€3,197 | +16.0% |
| Amounts payable | 17/49 | €3,235 | €6,027 | +€2,792 | +86.3% |
| Amounts payable within one year | 42/48 | €3,235 | €6,027 | +€2,792 | +86.3% |
| Trade debts | 44 | €1,027 | €4,825 | +€3,798 | +370% |
| Suppliers | 440/4 | €1,027 | €4,825 | +€3,798 | +370% |
| Taxes, remuneration and social security | 45 | €2,209 | €1,203 | -€1,006 | -45.5% |
| Taxes | 450/3 | - | €1,203 | +€1,203 | |
| Remuneration and social security | 454/9 | €2,209 | - | -€2,209 | |
| Remuneration, social security and pensions | 62 | €10,682 | - | -€10,682 | |
| Other operating charges | 640/8 | €125 | €125 | = | 0.0% |
| Gross operating margin | 9900 | €10,901 | €3,202 | -€7,699 | -70.6% |
| Operating profit (loss) | 9901 | €94 | €3,077 | +€2,983 | +3,164% |
| Financial income | 75/76B | €142 | €164 | +€22 | +15.5% |
| Recurring financial income | 75 | €142 | €164 | +€22 | +15.5% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €191 | €3,197 | +€3,005 | +1,570% |
| Profit (loss) for the period | 9904 | €191 | €3,197 | +€3,005 | +1,570% |
| Profit (loss) for the period to be appropriated | 9905 | €191 | €3,197 | +€3,005 | +1,570% |
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 19 October 2026 via checked.be.