MAGICSTREET: 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.
MAGICSTREET
Largest movements
- Cash +€55,946
up €55,946 (+157%), from €35,566 to €91,512
mainly Accrued charges and deferred income (+€48,990) and Other debts (+€17,673)
- Deferred charges and accrued income +€17,471
up €17,471 (+2,216%), from €788 to €18,260
- Receivables within one year +€8,777
up €8,777 (+17.9%), from €49,005 to €57,782
of which Trade receivables: +€16,114
- Stocks and contracts -€4,524
no longer reported in 2025 (was €4,524)
- Tangible fixed assets +€3,897
up €3,897 (+43.1%), from €9,033 to €12,930
of which Plant, machinery and equipment: +€4,149
- Accrued charges and deferred income +€48,990
up €48,990 (+8,025%), from €610 to €49,600
- Other debts +€17,673
up €17,673 (+23.8%), from €74,121 to €91,794
- Profit (loss) carried forward +€7,479
up €7,479 (+121%), from €6,196 to €13,675
- Tax, wage and social debts +€4,041
up €4,041 (+1,796%), from €225 to €4,266
- Trade debts +€2,388
up €2,388 (+12.6%), from €19,005 to €21,392
- Gross operating margin +€60,960
up €60,960, from -€44,955 to €16,005
- Financial charges -€809
down €809 (-49.7%), from €1,628 to €819
- Depreciation +€459
up €459 (+6.7%), from €6,848 to €7,306
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 | €103,156 | €183,728 | +€80,571 | +78.1% |
| Fixed assets | 21/28 | €13,273 | €16,175 | +€2,902 | +21.9% |
| Intangible fixed assets | 21 | €4,239 | €3,244 | -€995 | -23.5% |
| Tangible fixed assets | 22/27 | €9,033 | €12,930 | +€3,897 | +43.1% |
| Plant, machinery and equipment | 23 | €6,645 | €10,794 | +€4,149 | +62.4% |
| Furniture and vehicles | 24 | €2,389 | €2,136 | -€252 | -10.6% |
| Current assets | 29/58 | €89,884 | €167,553 | +€77,669 | +86.4% |
| Stocks and contracts in progress | 3 | €4,524 | - | -€4,524 | |
| Stocks | 30/36 | €4,524 | - | -€4,524 | |
| Amounts receivable within one year | 40/41 | €49,005 | €57,782 | +€8,777 | +17.9% |
| Trade receivables | 40 | €41,668 | €57,782 | +€16,114 | +38.7% |
| Other amounts receivable | 41 | €7,337 | - | -€7,337 | |
| Cash at bank and in hand | 54/58 | €35,566 | €91,512 | +€55,946 | +157% |
| Deferred charges and accrued income | 490/1 | €788 | €18,260 | +€17,471 | +2,216% |
| Total equity and liabilities | 10/49 | €103,156 | €183,728 | +€80,571 | +78.1% |
| Equity | 10/15 | €9,196 | €16,675 | +€7,479 | +81.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,196 | €13,675 | +€7,479 | +121% |
| Amounts payable | 17/49 | €93,961 | €167,053 | +€73,092 | +77.8% |
| Amounts payable within one year | 42/48 | €93,350 | €117,453 | +€24,103 | +25.8% |
| Trade debts | 44 | €19,005 | €21,392 | +€2,388 | +12.6% |
| Suppliers | 440/4 | €19,005 | €21,392 | +€2,388 | +12.6% |
| Taxes, remuneration and social security | 45 | €225 | €4,266 | +€4,041 | +1,796% |
| Taxes | 450/3 | €225 | €4,266 | +€4,041 | +1,796% |
| Other amounts payable | 47/48 | €74,121 | €91,794 | +€17,673 | +23.8% |
| Accrued charges and deferred income | 492/3 | €610 | €49,600 | +€48,990 | +8,025% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,848 | €7,306 | +€459 | +6.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €432 | - | -€432 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€44,955 | €16,005 | +€60,960 | |
| Operating profit (loss) | 9901 | -€52,622 | €8,298 | +€60,921 | |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €1,628 | €819 | -€809 | -49.7% |
| Recurring financial charges | 65 | €1,628 | €819 | -€809 | -49.7% |
| Profit (loss) for the period before taxes | 9903 | -€54,246 | €7,479 | +€61,725 | |
| Profit (loss) for the period | 9904 | -€54,246 | €7,479 | +€61,725 | |
| Profit (loss) for the period to be appropriated | 9905 | -€54,246 | €7,479 | +€61,725 |
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 18 October 2026 via checked.be.