MAGIC PENTHOUSE: 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 PENTHOUSE
Largest movements
- Tangible fixed assets +€25,742
up €25,742 (+89.6%), from €28,723 to €54,465
of which Furniture and vehicles: +€19,966
- Cash -€10,580
down €10,580 (-43.7%), from €24,200 to €13,620
mainly Investment in fixed assets (net) (-€35,010) and Contributions, distributions and other (-€5,000)
- Receivables within one year -€2,479
down €2,479 (-3.1%), from €80,415 to €77,935
of which Other amounts receivable: -€2,547
- Tax, wage and social debts +€7,281
up €7,281 (+27.7%), from €26,243 to €33,524
of which Taxes: +€5,781
- Reserves +€5,000
up €5,000 (+16.4%), from €30,500 to €35,500
of which Distributable reserves: +€5,000
- Debts after one year -€3,848
down €3,848 (-36.9%), from €10,418 to €6,570
- Profit (loss) carried forward +€3,534
up €3,534 (+7.9%), from €44,558 to €48,092
- Trade debts +€2,338
up €2,338 (+82.8%), from €2,825 to €5,163
- Turnover +€619,542
new in 2024: €619,542
- Purchases and services +€587,271
new in 2024: €587,271
- Gross operating margin -€62,750
down €62,750 (-64.6%), from €97,201 to €34,451
- Taxes -€14,068
down €14,068 (-63.1%), from €22,296 to €8,228
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €133,720 | €146,021 | +€12,300 | +9.2% |
| Fixed assets | 21/28 | €28,723 | €54,465 | +€25,742 | +89.6% |
| Tangible fixed assets | 22/27 | €28,723 | €54,465 | +€25,742 | +89.6% |
| Plant, machinery and equipment | 23 | €5,913 | €11,689 | +€5,776 | +97.7% |
| Furniture and vehicles | 24 | €22,810 | €42,776 | +€19,966 | +87.5% |
| Current assets | 29/58 | €104,998 | €91,555 | -€13,442 | -12.8% |
| Amounts receivable within one year | 40/41 | €80,415 | €77,935 | -€2,479 | -3.1% |
| Trade receivables | 40 | €77,209 | €77,277 | +€68 | +0.1% |
| Other amounts receivable | 41 | €3,206 | €659 | -€2,547 | -79.4% |
| Cash at bank and in hand | 54/58 | €24,200 | €13,620 | -€10,580 | -43.7% |
| Deferred charges and accrued income | 490/1 | €383 | - | -€383 | |
| Total equity and liabilities | 10/49 | €133,720 | €146,021 | +€12,300 | +9.2% |
| Equity | 10/15 | €80,058 | €88,592 | +€8,534 | +10.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €30,500 | €35,500 | +€5,000 | +16.4% |
| Non-distributable reserves | 130/1 | €30,500 | €30,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Other | 1319 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | - | €5,000 | +€5,000 | |
| Profit (loss) carried forward | 14 | €44,558 | €48,092 | +€3,534 | +7.9% |
| Amounts payable | 17/49 | €53,662 | €57,428 | +€3,766 | +7.0% |
| Amounts payable after more than one year | 17 | €10,418 | €6,570 | -€3,848 | -36.9% |
| Financial debts | 170/4 | €10,418 | €6,570 | -€3,848 | -36.9% |
| Amounts payable within one year | 42/48 | €43,245 | €50,858 | +€7,614 | +17.6% |
| Current portion of amounts payable after more than one year | 42 | €3,631 | €3,848 | +€217 | +6.0% |
| Trade debts | 44 | €2,825 | €5,163 | +€2,338 | +82.8% |
| Suppliers | 440/4 | €2,825 | €5,163 | +€2,338 | +82.8% |
| Taxes, remuneration and social security | 45 | €26,243 | €33,524 | +€7,281 | +27.7% |
| Taxes | 450/3 | €24,743 | €30,524 | +€5,781 | +23.4% |
| Remuneration and social security | 454/9 | €1,500 | €3,000 | +€1,500 | +100.0% |
| Other amounts payable | 47/48 | €10,546 | €8,324 | -€2,222 | -21.1% |
| Turnover | 70 | - | €619,542 | +€619,542 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €587,271 | +€587,271 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,568 | €9,268 | +€5,700 | +159.7% |
| Other operating charges | 640/8 | €2,600 | €2,477 | -€123 | -4.7% |
| Gross operating margin | 9900 | €97,201 | €34,451 | -€62,750 | -64.6% |
| Operating profit (loss) | 9901 | €91,033 | €22,707 | -€68,326 | -75.1% |
| Financial income | 75/76B | €3 | €30 | +€27 | +877.5% |
| Recurring financial income | 75 | €3 | €30 | +€27 | +877.5% |
| Financial charges | 65/66B | €590 | €975 | +€385 | +65.3% |
| Recurring financial charges | 65 | €590 | €975 | +€385 | +65.3% |
| Profit (loss) for the period before taxes | 9903 | €90,446 | €21,762 | -€68,684 | -75.9% |
| Income taxes | 67/77 | €22,296 | €8,228 | -€14,068 | -63.1% |
| Profit (loss) for the period | 9904 | €68,151 | €13,534 | -€54,617 | -80.1% |
| Profit (loss) for the period to be appropriated | 9905 | €68,151 | €13,534 | -€54,617 | -80.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.