MAGIC TOURS: 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 TOURS
Largest movements
- Tangible fixed assets -€9,703
down €9,703 (-4.3%), from €224,618 to €214,915
- Receivables within one year +€9,124
up €9,124 (+21.9%), from €41,588 to €50,711
of which Trade receivables: +€12,149
- Deferred charges and accrued income +€4,467
up €4,467 (+59.9%), from €7,452 to €11,918
- Trade debts +€41,420
up €41,420 (+71.5%), from €57,963 to €99,383
- Profit (loss) carried forward -€31,899
down €31,899, from €10,048 to -€21,851
- Debts after one year -€25,986
down €25,986 (-20.8%), from €125,067 to €99,081
- Other debts +€16,936
up €16,936 (+93.2%), from €18,181 to €35,117
- Gross operating margin -€36,546
down €36,546 (-30.5%), from €119,649 to €83,103
- Depreciation +€17,248
up €17,248 (+85.0%), from €20,302 to €37,550
- Staff costs +€14,253
up €14,253 (+26.4%), from €53,976 to €68,229
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 | €319,822 | €323,707 | +€3,886 | +1.2% |
| Fixed assets | 21/28 | €227,574 | €217,323 | -€10,250 | -4.5% |
| Intangible fixed assets | 21 | €886 | €339 | -€547 | -61.7% |
| Tangible fixed assets | 22/27 | €224,618 | €214,915 | -€9,703 | -4.3% |
| Furniture and vehicles | 24 | €224,618 | €214,915 | -€9,703 | -4.3% |
| Financial fixed assets | 28 | €2,070 | €2,070 | = | 0.0% |
| Current assets | 29/58 | €92,248 | €106,384 | +€14,136 | +15.3% |
| Amounts receivable within one year | 40/41 | €41,588 | €50,711 | +€9,124 | +21.9% |
| Trade receivables | 40 | €38,227 | €50,376 | +€12,149 | +31.8% |
| Other amounts receivable | 41 | €3,361 | €335 | -€3,026 | -90.0% |
| Cash at bank and in hand | 54/58 | €43,209 | €43,754 | +€545 | +1.3% |
| Deferred charges and accrued income | 490/1 | €7,452 | €11,918 | +€4,467 | +59.9% |
| Total equity and liabilities | 10/49 | €319,822 | €323,707 | +€3,886 | +1.2% |
| Equity | 10/15 | €80,048 | €48,149 | -€31,899 | -39.9% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,048 | -€21,851 | -€31,899 | |
| Amounts payable | 17/49 | €239,774 | €275,559 | +€35,785 | +14.9% |
| Amounts payable after more than one year | 17 | €125,067 | €99,081 | -€25,986 | -20.8% |
| Financial debts | 170/4 | €125,067 | €99,081 | -€25,986 | -20.8% |
| Amounts payable within one year | 42/48 | €114,707 | €176,478 | +€61,772 | +53.9% |
| Current portion of amounts payable after more than one year | 42 | €25,298 | €25,986 | +€688 | +2.7% |
| Trade debts | 44 | €57,963 | €99,383 | +€41,420 | +71.5% |
| Suppliers | 440/4 | €57,963 | €99,383 | +€41,420 | +71.5% |
| Taxes, remuneration and social security | 45 | €13,264 | €15,991 | +€2,727 | +20.6% |
| Taxes | 450/3 | €918 | €673 | -€245 | -26.7% |
| Remuneration and social security | 454/9 | €12,345 | €15,318 | +€2,972 | +24.1% |
| Other amounts payable | 47/48 | €18,181 | €35,117 | +€16,936 | +93.2% |
| Non-recurring operating income | 76A | €61,642 | - | -€61,642 | |
| Remuneration, social security and pensions | 62 | €53,976 | €68,229 | +€14,253 | +26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,302 | €37,550 | +€17,248 | +85.0% |
| Other operating charges | 640/8 | €1,718 | €833 | -€886 | -51.5% |
| Gross operating margin | 9900 | €119,649 | €83,103 | -€36,546 | -30.5% |
| Operating profit (loss) | 9901 | €43,653 | -€23,509 | -€67,162 | |
| Financial income | 75/76B | €236 | €80 | -€156 | -66.2% |
| Recurring financial income | 75 | €236 | €80 | -€156 | -66.2% |
| Financial charges | 65/66B | €7,532 | €8,158 | +€626 | +8.3% |
| Recurring financial charges | 65 | €7,532 | €8,158 | +€626 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €36,357 | -€31,587 | -€67,944 | |
| Income taxes | 67/77 | €840 | €313 | -€528 | -62.8% |
| Profit (loss) for the period | 9904 | €35,517 | -€31,899 | -€67,416 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,517 | -€31,899 | -€67,416 |
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 30 September 2026 via checked.be.