MAGIC THULIN-FRAMERIES: 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 THULIN-FRAMERIES
Largest movements
- Cash +€5,066
up €5,066 (+37.2%), from €13,617 to €18,683
mainly Net result for the year (+€5,623) and Receivables within one year (+€1,124)
- Receivables within one year -€1,124
down €1,124 (-15.8%), from €7,128 to €6,004
- Profit (loss) carried forward +€5,623
up €5,623 (+44.9%), from €12,528 to €18,151
- Trade debts -€1,707
down €1,707 (-36.7%), from €4,648 to €2,941
- Financial charges -€3,193
down €3,193 (-94.7%), from €3,373 to €180
of which Non-recurring financial charges: -€3,200
- Gross operating margin +€3,061
up €3,061 (+26.3%), from €11,646 to €14,707
- Purchases and services -€2,251
down €2,251 (-33.9%), from €6,644 to €4,393
- Staff costs +€1,626
up €1,626 (+17.5%), from €9,278 to €10,904
- Turnover +€810
up €810 (+4.4%), from €18,290 to €19,100
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 | €20,745 | €24,687 | +€3,942 | +19.0% |
| Current assets | 29/58 | €20,745 | €24,687 | +€3,942 | +19.0% |
| Amounts receivable within one year | 40/41 | €7,128 | €6,004 | -€1,124 | -15.8% |
| Trade receivables | 40 | €7,128 | €6,004 | -€1,124 | -15.8% |
| Cash at bank and in hand | 54/58 | €13,617 | €18,683 | +€5,066 | +37.2% |
| Total equity and liabilities | 10/49 | €20,745 | €24,687 | +€3,942 | +19.0% |
| Equity | 10/15 | €16,097 | €21,720 | +€5,623 | +34.9% |
| Contributions | 10/11 | €3,569 | €3,569 | = | 0.0% |
| Capital | 10 | €3,569 | €3,569 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,528 | €18,151 | +€5,623 | +44.9% |
| Amounts payable | 17/49 | €4,648 | €2,967 | -€1,681 | -36.2% |
| Amounts payable within one year | 42/48 | €4,648 | €2,941 | -€1,707 | -36.7% |
| Trade debts | 44 | €4,648 | €2,941 | -€1,707 | -36.7% |
| Suppliers | 440/4 | €4,648 | €2,941 | -€1,707 | -36.7% |
| Accrued charges and deferred income | 492/3 | - | €26 | +€26 | |
| Turnover | 70 | €18,290 | €19,100 | +€810 | +4.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €6,644 | €4,393 | -€2,251 | -33.9% |
| Remuneration, social security and pensions | 62 | €9,278 | €10,904 | +€1,626 | +17.5% |
| Gross operating margin | 9900 | €11,646 | €14,707 | +€3,061 | +26.3% |
| Operating profit (loss) | 9901 | €2,368 | €3,803 | +€1,435 | +60.6% |
| Financial income | 75/76B | €2,000 | €2,000 | = | 0.0% |
| Recurring financial income | 75 | €2,000 | €2,000 | = | 0.0% |
| Financial charges | 65/66B | €3,373 | €180 | -€3,193 | -94.7% |
| Recurring financial charges | 65 | €173 | €180 | +€8 | +4.3% |
| Non-recurring financial charges | 66B | €3,200 | - | -€3,200 | |
| Profit (loss) for the period before taxes | 9903 | €996 | €5,623 | +€4,627 | +465% |
| Profit (loss) for the period | 9904 | €996 | €5,623 | +€4,627 | +465% |
| Profit (loss) for the period to be appropriated | 9905 | €996 | €5,623 | +€4,627 | +465% |
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 24 October 2026 via checked.be.