MAGICORAL BE: 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.
MAGICORAL BE
Largest movements
- Receivables within one year +€31,309
up €31,309 (+103%), from €30,296 to €61,605
of which Trade receivables: +€31,309
- Stocks and contracts +€7,307
up €7,307 (+9.8%), from €74,501 to €81,808
- Cash +€6,162
up €6,162 (+31.1%), from €19,825 to €25,988
mainly Trade debts (+€29,450) and Tax, wage and social debts (+€6,865)
- Deferred charges and accrued income -€3,388
down €3,388 (-100%), from €3,388 to €0
- Trade debts +€29,450
up €29,450 (+40.8%), from €72,205 to €101,655
- Tax, wage and social debts +€6,865
up €6,865 (+35.0%), from €19,613 to €26,478
of which Taxes: +€4,313
- Profit (loss) carried forward +€4,680
up €4,680 (+40.3%), from €11,612 to €16,292
- Current portion of long-term debt +€3,790
up €3,790 (+35.1%), from €10,793 to €14,583
- Accrued charges and deferred income -€3,650
down €3,650 (-100%), from €3,650 to €0
- Staff costs +€23,607
up €23,607 (+20.1%), from €117,408 to €141,015
- Gross operating margin +€20,241
up €20,241 (+15.1%), from €133,762 to €154,002
- Taxes +€1,924
up €1,924 (+1,009%), from €191 to €2,114
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 | €139,872 | €181,008 | +€41,136 | +29.4% |
| Fixed assets | 21/28 | €11,862 | €11,607 | -€254 | -2.1% |
| Tangible fixed assets | 22/27 | €912 | €657 | -€254 | -27.9% |
| Plant, machinery and equipment | 23 | €912 | €657 | -€254 | -27.9% |
| Financial fixed assets | 28 | €10,950 | €10,950 | = | 0.0% |
| Current assets | 29/58 | €128,010 | €169,401 | +€41,390 | +32.3% |
| Stocks and contracts in progress | 3 | €74,501 | €81,808 | +€7,307 | +9.8% |
| Stocks | 30/36 | €74,501 | €81,808 | +€7,307 | +9.8% |
| Amounts receivable within one year | 40/41 | €30,296 | €61,605 | +€31,309 | +103% |
| Trade receivables | 40 | €29,354 | €60,663 | +€31,309 | +107% |
| Other amounts receivable | 41 | €942 | €942 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19,825 | €25,988 | +€6,162 | +31.1% |
| Deferred charges and accrued income | 490/1 | €3,388 | €0 | -€3,388 | -100% |
| Total equity and liabilities | 10/49 | €139,872 | €181,008 | +€41,136 | +29.4% |
| Equity | 10/15 | €33,612 | €38,292 | +€4,680 | +13.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,612 | €16,292 | +€4,680 | +40.3% |
| Amounts payable | 17/49 | €106,260 | €142,716 | +€36,456 | +34.3% |
| Amounts payable within one year | 42/48 | €102,610 | €142,716 | +€40,106 | +39.1% |
| Current portion of amounts payable after more than one year | 42 | €10,793 | €14,583 | +€3,790 | +35.1% |
| Trade debts | 44 | €72,205 | €101,655 | +€29,450 | +40.8% |
| Suppliers | 440/4 | €72,205 | €101,655 | +€29,450 | +40.8% |
| Taxes, remuneration and social security | 45 | €19,613 | €26,478 | +€6,865 | +35.0% |
| Taxes | 450/3 | €9,852 | €14,165 | +€4,313 | +43.8% |
| Remuneration and social security | 454/9 | €9,761 | €12,313 | +€2,552 | +26.1% |
| Accrued charges and deferred income | 492/3 | €3,650 | €0 | -€3,650 | -100% |
| Remuneration, social security and pensions | 62 | €117,408 | €141,015 | +€23,607 | +20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €254 | €254 | = | 0.0% |
| Other operating charges | 640/8 | €4,786 | €5,322 | +€536 | +11.2% |
| Gross operating margin | 9900 | €133,762 | €154,002 | +€20,241 | +15.1% |
| Operating profit (loss) | 9901 | €11,313 | €7,411 | -€3,902 | -34.5% |
| Financial income | 75/76B | €195 | €1,481 | +€1,286 | +660% |
| Recurring financial income | 75 | €195 | €1,481 | +€1,286 | +660% |
| Financial charges | 65/66B | €3,030 | €2,098 | -€932 | -30.8% |
| Recurring financial charges | 65 | €3,030 | €2,098 | -€932 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | €8,478 | €6,794 | -€1,683 | -19.9% |
| Income taxes | 67/77 | €191 | €2,114 | +€1,924 | +1,009% |
| Profit (loss) for the period | 9904 | €8,287 | €4,680 | -€3,607 | -43.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,287 | €4,680 | -€3,607 | -43.5% |
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 14 October 2026 via checked.be.