MAGIC LAGOON: 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 LAGOON
Largest movements
- Tangible fixed assets -€52,842
down €52,842 (-18.6%), from €284,087 to €231,245
of which Land and buildings: -€49,257
- Profit (loss) carried forward -€36,877
down €36,877 (-49.6%), from -€74,331 to -€111,208
- Other debts -€23,990
down €23,990 (-9.3%), from €259,178 to €235,188
- Trade debts +€4,030
up €4,030 (+17.7%), from €22,780 to €26,810
- Tax, wage and social debts +€3,026
up €3,026 (+45.3%), from €6,677 to €9,703
of which Taxes: +€2,258
- Gross operating margin +€24,938
up €24,938 (+100.3%), from €24,852 to €49,789
- Staff costs +€5,673
up €5,673 (+30.9%), from €18,371 to €24,044
- Financial income +€698
up €698 (+997285.7%), from €0 to €698
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 | €294,671 | €240,860 | -€53,811 | -18.3% |
| Fixed assets | 21/28 | €284,187 | €231,345 | -€52,842 | -18.6% |
| Tangible fixed assets | 22/27 | €284,087 | €231,245 | -€52,842 | -18.6% |
| Land and buildings | 22 | €273,100 | €223,843 | -€49,257 | -18.0% |
| Plant, machinery and equipment | 23 | €8,447 | €5,458 | -€2,989 | -35.4% |
| Furniture and vehicles | 24 | €538 | €162 | -€376 | -69.9% |
| Other tangible fixed assets | 26 | €2,002 | €1,782 | -€220 | -11.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €10,484 | €9,515 | -€969 | -9.2% |
| Stocks and contracts in progress | 3 | €2,165 | €1,757 | -€408 | -18.9% |
| Stocks | 30/36 | €2,165 | €1,757 | -€408 | -18.9% |
| Amounts receivable within one year | 40/41 | €6,075 | €3,876 | -€2,199 | -36.2% |
| Trade receivables | 40 | €6,026 | €3,873 | -€2,153 | -35.7% |
| Other amounts receivable | 41 | €49 | €3 | -€46 | -93.3% |
| Cash at bank and in hand | 54/58 | €1,496 | €2,384 | +€888 | +59.3% |
| Deferred charges and accrued income | 490/1 | €748 | €1,498 | +€750 | +100.3% |
| Total equity and liabilities | 10/49 | €294,671 | €240,860 | -€53,811 | -18.3% |
| Equity | 10/15 | €6,036 | -€30,841 | -€36,877 | |
| Contributions | 10/11 | €68,592 | €68,592 | = | 0.0% |
| Reserves | 13 | €11,775 | €11,775 | = | 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 | €9,916 | €9,916 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,331 | -€111,208 | -€36,877 | -49.6% |
| Amounts payable | 17/49 | €288,635 | €271,701 | -€16,934 | -5.9% |
| Amounts payable within one year | 42/48 | €288,635 | €271,701 | -€16,934 | -5.9% |
| Trade debts | 44 | €22,780 | €26,810 | +€4,030 | +17.7% |
| Suppliers | 440/4 | €22,780 | €26,810 | +€4,030 | +17.7% |
| Taxes, remuneration and social security | 45 | €6,677 | €9,703 | +€3,026 | +45.3% |
| Taxes | 450/3 | €4,446 | €6,704 | +€2,258 | +50.8% |
| Remuneration and social security | 454/9 | €2,231 | €2,999 | +€768 | +34.4% |
| Other amounts payable | 47/48 | €259,178 | €235,188 | -€23,990 | -9.3% |
| Remuneration, social security and pensions | 62 | €18,371 | €24,044 | +€5,673 | +30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,330 | €52,842 | -€488 | -0.9% |
| Other operating charges | 640/8 | €8,666 | €8,809 | +€143 | +1.7% |
| Gross operating margin | 9900 | €24,852 | €49,789 | +€24,938 | +100.3% |
| Operating profit (loss) | 9901 | -€55,515 | -€35,906 | +€19,610 | +35.3% |
| Financial income | 75/76B | €0 | €698 | +€698 | +997285.7% |
| Recurring financial income | 75 | €0 | €698 | +€698 | +997285.7% |
| Financial charges | 65/66B | €1,627 | €1,669 | +€42 | +2.6% |
| Recurring financial charges | 65 | €1,627 | €1,669 | +€42 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | -€57,143 | -€36,877 | +€20,266 | +35.5% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€57,143 | -€36,877 | +€20,266 | +35.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,143 | -€36,877 | +€20,266 | +35.5% |
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 3 October 2026 via checked.be.