MAGIC TRADING: 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 TRADING
Largest movements
- Stocks and contracts +€91,352
up €91,352 (+1,326%), from €6,892 to €98,244
- Cash +€30,795
up €30,795 (+1,473%), from €2,091 to €32,886
mainly Trade debts (+€109,415) and Other debts (+€16,712)
- Tangible fixed assets +€9,960
new in 2024: €9,960
- Receivables within one year +€5,951
up €5,951 (+726%), from €819 to €6,770
- Trade debts +€109,415
up €109,415 (+7,545%), from €1,450 to €110,866
- Other debts +€16,712
up €16,712 (+227%), from €7,371 to €24,083
- Profit (loss) carried forward +€7,989
up €7,989, from -€1,519 to €6,469
- Tax, wage and social debts +€3,943
new in 2024: €3,943
- Turnover +€1.1m
new in 2024: €1.1m
- Purchases and services +€1.0m
new in 2024: €1.0m
- Gross operating margin +€76,155
up €76,155, from -€1,397 to €74,759
- Staff costs +€57,199
new in 2024: €57,199
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.
Derived cash bridge
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 | €9,802 | €147,860 | +€138,058 | +1,408% |
| Fixed assets | 21/28 | - | €9,960 | +€9,960 | |
| Tangible fixed assets | 22/27 | - | €9,960 | +€9,960 | |
| Plant, machinery and equipment | 23 | - | €9,960 | +€9,960 | |
| Current assets | 29/58 | €9,802 | €137,900 | +€128,098 | +1,307% |
| Stocks and contracts in progress | 3 | €6,892 | €98,244 | +€91,352 | +1,326% |
| Stocks | 30/36 | €6,892 | €98,244 | +€91,352 | +1,326% |
| Amounts receivable within one year | 40/41 | €819 | €6,770 | +€5,951 | +726% |
| Other amounts receivable | 41 | €819 | €6,770 | +€5,951 | +726% |
| Cash at bank and in hand | 54/58 | €2,091 | €32,886 | +€30,795 | +1,473% |
| Total equity and liabilities | 10/49 | €9,802 | €147,860 | +€138,058 | +1,408% |
| Equity | 10/15 | €981 | €8,969 | +€7,989 | +815% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,519 | €6,469 | +€7,989 | |
| Amounts payable | 17/49 | €8,821 | €138,891 | +€130,070 | +1,474% |
| Amounts payable within one year | 42/48 | €8,821 | €138,891 | +€130,070 | +1,474% |
| Trade debts | 44 | €1,450 | €110,866 | +€109,415 | +7,545% |
| Suppliers | 440/4 | €1,450 | €110,866 | +€109,415 | +7,545% |
| Taxes, remuneration and social security | 45 | - | €3,943 | +€3,943 | |
| Taxes | 450/3 | - | €3,943 | +€3,943 | |
| Other amounts payable | 47/48 | €7,371 | €24,083 | +€16,712 | +227% |
| Turnover | 70 | - | €1,096,867 | +€1.1m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,022,108 | +€1.0m | |
| Remuneration, social security and pensions | 62 | - | €57,199 | +€57,199 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €8,540 | +€8,540 | |
| Other operating charges | 640/8 | - | €359 | +€359 | |
| Gross operating margin | 9900 | -€1,397 | €74,759 | +€76,155 | |
| Operating profit (loss) | 9901 | -€1,397 | €8,661 | +€10,057 | |
| Financial charges | 65/66B | €123 | €672 | +€549 | +447% |
| Recurring financial charges | 65 | €123 | €672 | +€549 | +447% |
| Profit (loss) for the period before taxes | 9903 | -€1,519 | €7,989 | +€9,508 | |
| Profit (loss) for the period | 9904 | -€1,519 | €7,989 | +€9,508 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,519 | €7,989 | +€9,508 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.