Magic - Home: 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 - Home
Largest movements
- Tangible fixed assets -€19,396
down €19,396 (-16.7%), from €115,828 to €96,432
of which Land and buildings: -€10,740
- Cash -€3,155
no longer reported in 2025 (was €3,155)
mainly Net result for the year (-€25,860) and Short-term financial debts (-€4,229)
- Profit (loss) carried forward -€25,860
new in 2025: -€25,860
- Other debts +€9,114
up €9,114 (+24.0%), from €37,933 to €47,047
- Short-term financial debts -€4,229
down €4,229 (-24.3%), from €17,431 to €13,203
- Current portion of long-term debt -€2,750
no longer reported in 2025 (was €2,750)
- Gross operating margin -€33,850
down €33,850, from €32,080 to -€1,770
- Taxes -€7,544
down €7,544 (-95.8%), from €7,873 to €329
- Depreciation +€6,060
up €6,060 (+45.4%), from €13,336 to €19,396
- Financial charges +€406
up €406 (+24.9%), from €1,630 to €2,035
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 | €137,086 | €113,560 | -€23,526 | -17.2% |
| Fixed assets | 21/28 | €115,828 | €96,432 | -€19,396 | -16.7% |
| Tangible fixed assets | 22/27 | €115,828 | €96,432 | -€19,396 | -16.7% |
| Land and buildings | 22 | €75,227 | €64,487 | -€10,740 | -14.3% |
| Plant, machinery and equipment | 23 | €4,948 | €3,717 | -€1,231 | -24.9% |
| Furniture and vehicles | 24 | €35,653 | €28,228 | -€7,424 | -20.8% |
| Current assets | 29/58 | €21,258 | €17,128 | -€4,131 | -19.4% |
| Amounts receivable within one year | 40/41 | €18,103 | €17,128 | -€976 | -5.4% |
| Trade receivables | 40 | €12,043 | €12,216 | +€174 | +1.4% |
| Other amounts receivable | 41 | €6,061 | €4,911 | -€1,150 | -19.0% |
| Cash at bank and in hand | 54/58 | €3,155 | - | -€3,155 | |
| Total equity and liabilities | 10/49 | €137,086 | €113,560 | -€23,526 | -17.2% |
| Equity | 10/15 | €61,769 | €35,909 | -€25,860 | -41.9% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €55,572 | €55,572 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €53,713 | €53,713 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€25,860 | -€25,860 | |
| Amounts payable | 17/49 | €75,317 | €77,651 | +€2,334 | +3.1% |
| Amounts payable within one year | 42/48 | €75,317 | €77,651 | +€2,334 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €2,750 | - | -€2,750 | |
| Financial debts | 43 | €17,431 | €13,203 | -€4,229 | -24.3% |
| Credit institutions | 430/8 | €17,431 | €13,203 | -€4,229 | -24.3% |
| Trade debts | 44 | €16,048 | €16,246 | +€199 | +1.2% |
| Suppliers | 440/4 | €16,048 | €16,246 | +€199 | +1.2% |
| Taxes, remuneration and social security | 45 | €1,155 | €1,155 | = | 0.0% |
| Taxes | 450/3 | €1,155 | €1,155 | = | 0.0% |
| Other amounts payable | 47/48 | €37,933 | €47,047 | +€9,114 | +24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,336 | €19,396 | +€6,060 | +45.4% |
| Other operating charges | 640/8 | €2,374 | €2,330 | -€44 | -1.8% |
| Gross operating margin | 9900 | €32,080 | -€1,770 | -€33,850 | |
| Operating profit (loss) | 9901 | €16,370 | -€23,496 | -€39,866 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,630 | €2,035 | +€406 | +24.9% |
| Recurring financial charges | 65 | €1,630 | €2,035 | +€406 | +24.9% |
| Profit (loss) for the period before taxes | 9903 | €14,742 | -€25,531 | -€40,273 | |
| Income taxes | 67/77 | €7,873 | €329 | -€7,544 | -95.8% |
| Profit (loss) for the period | 9904 | €6,868 | -€25,860 | -€32,728 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,868 | -€25,860 | -€32,728 |
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 8 October 2026 via checked.be.