Magic Sun Belgium: 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 Sun Belgium
Largest movements
- Receivables within one year +€25,583
up €25,583 (+98.0%), from €26,111 to €51,694
of which Other amounts receivable: +€31,753
- Tangible fixed assets -€8,995
down €8,995 (-59.5%), from €15,128 to €6,132
- Cash -€887
down €887 (-88.3%), from €1,005 to €118
mainly Receivables within one year (-€25,583) and Trade debts (-€6,130)
- Other debts +€14,604
up €14,604 (+21.6%), from €67,708 to €82,313
- Profit (loss) carried forward +€7,226
up €7,226 (+14.4%), from -€50,194 to -€42,968
- Trade debts -€6,130
no longer reported in 2025 (was €6,130)
- Gross operating margin +€26,572
up €26,572, from -€9,827 to €16,745
- Depreciation +€855
up €855 (+10.5%), from €8,141 to €8,995
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 | €42,244 | €57,944 | +€15,701 | +37.2% |
| Fixed assets | 21/28 | €15,128 | €6,132 | -€8,995 | -59.5% |
| Tangible fixed assets | 22/27 | €15,128 | €6,132 | -€8,995 | -59.5% |
| Furniture and vehicles | 24 | €15,128 | €6,132 | -€8,995 | -59.5% |
| Current assets | 29/58 | €27,116 | €51,812 | +€24,696 | +91.1% |
| Amounts receivable within one year | 40/41 | €26,111 | €51,694 | +€25,583 | +98.0% |
| Trade receivables | 40 | €6,170 | - | -€6,170 | |
| Other amounts receivable | 41 | €19,941 | €51,694 | +€31,753 | +159% |
| Cash at bank and in hand | 54/58 | €1,005 | €118 | -€887 | -88.3% |
| Total equity and liabilities | 10/49 | €42,244 | €57,944 | +€15,701 | +37.2% |
| Equity | 10/15 | -€31,594 | -€24,368 | +€7,226 | +22.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,194 | -€42,968 | +€7,226 | +14.4% |
| Amounts payable | 17/49 | €73,838 | €82,313 | +€8,475 | +11.5% |
| Amounts payable within one year | 42/48 | €73,838 | €82,313 | +€8,475 | +11.5% |
| Trade debts | 44 | €6,130 | - | -€6,130 | |
| Suppliers | 440/4 | €6,130 | - | -€6,130 | |
| Other amounts payable | 47/48 | €67,708 | €82,313 | +€14,604 | +21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,141 | €8,995 | +€855 | +10.5% |
| Other operating charges | 640/8 | €285 | €295 | +€10 | +3.4% |
| Gross operating margin | 9900 | -€9,827 | €16,745 | +€26,572 | |
| Operating profit (loss) | 9901 | -€18,252 | €7,455 | +€25,708 | |
| Financial charges | 65/66B | €151 | €229 | +€79 | +52.2% |
| Recurring financial charges | 65 | €151 | €229 | +€79 | +52.2% |
| Profit (loss) for the period before taxes | 9903 | -€18,403 | €7,226 | +€25,629 | |
| Profit (loss) for the period | 9904 | -€18,403 | €7,226 | +€25,629 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,403 | €7,226 | +€25,629 |
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 27 October 2026 via checked.be.