MAGICGYP: 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.
MAGICGYP
Largest movements
- Tangible fixed assets +€65,010
up €65,010 (+1862.2%), from €3,491 to €68,501
- Cash -€40,943
down €40,943 (-43.5%), from €94,095 to €53,152
mainly Investment in fixed assets (net) (-€85,269) and Accrued charges and deferred income (-€15,854)
- Receivables within one year -€6,495
down €6,495 (-29.0%), from €22,361 to €15,866
of which Trade receivables: -€8,172
- Profit (loss) carried forward +€42,084
up €42,084 (+69.8%), from €60,270 to €102,354
- Accrued charges and deferred income -€15,854
no longer reported in 2025 (was €15,854)
- Trade debts -€11,848
down €11,848 (-78.2%), from €15,159 to €3,311
- Other debts +€3,613
up €3,613 (+361.3%), from €1,000 to €4,613
- Gross operating margin +€41,965
up €41,965 (+120.5%), from €34,829 to €76,794
- Depreciation +€16,265
up €16,265 (+407.2%), from €3,994 to €20,259
- Taxes +€5,185
up €5,185 (+67.8%), from €7,650 to €12,835
- Other operating charges +€830
up €830 (+169.6%), from €489 to €1,319
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 | €121,467 | €138,293 | +€16,826 | +13.9% |
| Fixed assets | 21/28 | €3,491 | €68,501 | +€65,010 | +1862.2% |
| Tangible fixed assets | 22/27 | €3,491 | €68,501 | +€65,010 | +1862.2% |
| Furniture and vehicles | 24 | €3,491 | €68,501 | +€65,010 | +1862.2% |
| Current assets | 29/58 | €117,976 | €69,792 | -€48,184 | -40.8% |
| Amounts receivable within one year | 40/41 | €22,361 | €15,866 | -€6,495 | -29.0% |
| Trade receivables | 40 | €19,687 | €11,516 | -€8,172 | -41.5% |
| Other amounts receivable | 41 | €2,673 | €4,350 | +€1,677 | +62.7% |
| Cash at bank and in hand | 54/58 | €94,095 | €53,152 | -€40,943 | -43.5% |
| Deferred charges and accrued income | 490/1 | €1,521 | €775 | -€746 | -49.1% |
| Total equity and liabilities | 10/49 | €121,467 | €138,293 | +€16,826 | +13.9% |
| Equity | 10/15 | €83,249 | €125,333 | +€42,084 | +50.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €21,979 | €21,979 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €21,879 | €21,879 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,270 | €102,354 | +€42,084 | +69.8% |
| Amounts payable | 17/49 | €38,218 | €12,961 | -€25,257 | -66.1% |
| Amounts payable within one year | 42/48 | €22,364 | €12,961 | -€9,403 | -42.0% |
| Trade debts | 44 | €15,159 | €3,311 | -€11,848 | -78.2% |
| Suppliers | 440/4 | €15,159 | €3,311 | -€11,848 | -78.2% |
| Taxes, remuneration and social security | 45 | €6,205 | €5,037 | -€1,168 | -18.8% |
| Taxes | 450/3 | €4,455 | €3,287 | -€1,168 | -26.2% |
| Remuneration and social security | 454/9 | €1,750 | €1,750 | = | 0.0% |
| Other amounts payable | 47/48 | €1,000 | €4,613 | +€3,613 | +361.3% |
| Accrued charges and deferred income | 492/3 | €15,854 | - | -€15,854 | |
| Non-recurring operating income | 76A | - | €359 | +€359 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,994 | €20,259 | +€16,265 | +407.2% |
| Other operating charges | 640/8 | €489 | €1,319 | +€830 | +169.6% |
| Gross operating margin | 9900 | €34,829 | €76,794 | +€41,965 | +120.5% |
| Operating profit (loss) | 9901 | €30,345 | €55,216 | +€24,871 | +82.0% |
| Financial income | 75/76B | - | €23 | +€23 | |
| Recurring financial income | 75 | - | €23 | +€23 | |
| Financial charges | 65/66B | €1 | €320 | +€319 | +24549.2% |
| Recurring financial charges | 65 | €1 | €320 | +€319 | +24549.2% |
| Profit (loss) for the period before taxes | 9903 | €30,344 | €54,919 | +€24,575 | +81.0% |
| Income taxes | 67/77 | €7,650 | €12,835 | +€5,185 | +67.8% |
| Profit (loss) for the period | 9904 | €22,694 | €42,084 | +€19,390 | +85.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,694 | €42,084 | +€19,390 | +85.4% |
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 4 October 2026 via checked.be.