Magic Parentco: what changed
What changed
Magic Parentco
filed annual accounts (NBB)
Net result for the year
-€30,801
2024 · -€11,205-€19,596
Equity
€122.0m
2024 · €151.2m-€29.1m
Cash
€2,096
2024 · €352+€1,744
Balance sheet total
€122.2m
2024 · €151.4m-€29.1m
Largest movements
Assets
- Financial fixed assets -€29.1m
down €29.1m (-19.2%), from €151.3m to €122.2m
Equity and liabilities
- Contributions -€29.1m
down €29.1m (-19.2%), from €151.3m to €122.2m
Income statement
No income-statement line moved by more than 1% of the activity.
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€11,205
Other operating charges
-€31
Other operating items
-€18,893
Financial income
-€15
Financial charges
-€648
Taxes
-€8
Result 2025
-€30,801
lowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1,744
Investment
+€29.1m
Financing
-€29.1m
Cash 2024
€352
From operations (derived)
+€1,744
Net result for the year
-€30,801
Smaller working-capital items
+€32,545
Investment (derived)
+€29.1m
Investment in fixed assets (net)
+€29.1m
Financing
-€29.1m
Contributions, distributions and other
-€29.1m
Cash 2025
€2,096
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €151,359,532 | €122,240,462 | -€29.1m | -19.2% |
| Fixed assets | 21/28 | €151,333,331 | €122,231,560 | -€29.1m | -19.2% |
| Financial fixed assets | 28 | €151,333,331 | €122,231,560 | -€29.1m | -19.2% |
| Affiliated companies | 280/1 | €151,333,331 | €122,231,560 | -€29.1m | -19.2% |
| Participating interests | 280 | €151,333,331 | €122,231,560 | -€29.1m | -19.2% |
| Current assets | 29/58 | €26,201 | €8,902 | -€17,299 | -66.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €7,515 | €6,806 | -€709 | -9.4% |
| Trade receivables | 40 | €0 | €6,789 | +€6,789 | |
| Other amounts receivable | 41 | €7,515 | €17 | -€7,498 | -99.8% |
| Cash at bank and in hand | 54/58 | €352 | €2,096 | +€1,744 | +495% |
| Deferred charges and accrued income | 490/1 | €18,333 | €0 | -€18,333 | -100% |
| Total equity and liabilities | 10/49 | €151,359,532 | €122,240,462 | -€29.1m | -19.2% |
| Equity | 10/15 | €151,179,332 | €122,046,760 | -€29.1m | -19.3% |
| Contributions | 10/11 | €151,333,331 | €122,231,560 | -€29.1m | -19.2% |
| Profit (loss) carried forward | 14 | -€153,999 | -€184,799 | -€30,801 | -20.0% |
| Amounts payable | 17/49 | €180,199 | €193,701 | +€13,502 | +7.5% |
| Amounts payable within one year | 42/48 | €180,199 | €193,701 | +€13,502 | +7.5% |
| Trade debts | 44 | €18,073 | €7,575 | -€10,498 | -58.1% |
| Suppliers | 440/4 | €18,073 | €7,575 | -€10,498 | -58.1% |
| Other amounts payable | 47/48 | €162,126 | €186,126 | +€24,000 | +14.8% |
| Operating charges | 60/66A | €10,322 | €29,246 | +€18,924 | +183% |
| Services and other goods | 61 | €9,354 | €28,247 | +€18,893 | +202% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Operating profit (loss) | 9901 | -€10,322 | -€29,246 | -€18,924 | -183% |
| Financial income | 75/76B | €22 | €7 | -€15 | -68.8% |
| Recurring financial income | 75 | €22 | €7 | -€15 | -68.8% |
| Income from current assets | 751 | €22 | €7 | -€15 | -68.8% |
| Financial charges | 65/66B | €914 | €1,562 | +€648 | +70.9% |
| Recurring financial charges | 65 | €914 | €1,562 | +€648 | +70.9% |
| Debt charges | 650 | €1 | €1 | -€1 | -56.9% |
| Other financial charges | 652/9 | €912 | €1,561 | +€649 | +71.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,214 | -€30,801 | -€19,587 | -175% |
| Income taxes | 67/77 | -€8 | -€0 | +€8 | +99.9% |
| Taxes | 670/3 | €0 | - | = | |
| Tax adjustments and reversals of tax provisions | 77 | €8 | €0 | -€8 | -99.9% |
| Profit (loss) for the period | 9904 | -€11,205 | -€30,801 | -€19,596 | -175% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,205 | -€30,801 | -€19,596 | -175% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.