MAGIK TROTT: 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.
MAGIK TROTT
Largest movements
- Tangible fixed assets -€5,473
down €5,473 (-100%), from €5,473 to €0
of which Plant, machinery and equipment: -€4,505
- Cash -€1,007
down €1,007 (-92.1%), from €1,093 to €86
mainly Current portion of long-term debt (-€5,435) and Other debts (-€2,965)
- Receivables within one year -€854
down €854 (-85.2%), from €1,003 to €149
of which Trade receivables: -€848
- Current portion of long-term debt -€5,435
down €5,435 (-100%), from €5,435 to €0
- Other debts -€2,965
down €2,965 (-21.2%), from €13,975 to €11,011
- Tax, wage and social debts +€873
up €873 (+844%), from €103 to €976
- Profit (loss) carried forward +€450
up €450 (+1.9%), from -€23,517 to -€23,067
- Trade debts -€319
down €319 (-17.7%), from €1,803 to €1,484
- Depreciation -€11,067
no longer reported in 2025 (was €11,067)
- Gross operating margin -€4,958
down €4,958 (-72.4%), from €6,848 to €1,890
- Other operating charges +€593
up €593 (+90.7%), from €654 to €1,248
- Financial charges -€249
down €249 (-56.4%), from €441 to €193
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 | €7,800 | €404 | -€7,396 | -94.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €5,643 | €169 | -€5,473 | -97.0% |
| Intangible fixed assets | 21 | €169 | €169 | = | 0.0% |
| Tangible fixed assets | 22/27 | €5,473 | €0 | -€5,473 | -100% |
| Plant, machinery and equipment | 23 | €4,505 | €0 | -€4,505 | -100% |
| Furniture and vehicles | 24 | €969 | €0 | -€969 | -100% |
| Current assets | 29/58 | €2,158 | €235 | -€1,923 | -89.1% |
| Amounts receivable within one year | 40/41 | €1,003 | €149 | -€854 | -85.2% |
| Trade receivables | 40 | €997 | €149 | -€848 | -85.1% |
| Other amounts receivable | 41 | €5 | €0 | -€5 | -100% |
| Cash at bank and in hand | 54/58 | €1,093 | €86 | -€1,007 | -92.1% |
| Deferred charges and accrued income | 490/1 | €62 | €0 | -€62 | -100% |
| Total equity and liabilities | 10/49 | €7,800 | €404 | -€7,396 | -94.8% |
| Equity | 10/15 | -€13,517 | -€13,067 | +€450 | +3.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,517 | -€23,067 | +€450 | +1.9% |
| Amounts payable | 17/49 | €21,317 | €13,471 | -€7,846 | -36.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €21,317 | €13,471 | -€7,846 | -36.8% |
| Current portion of amounts payable after more than one year | 42 | €5,435 | €0 | -€5,435 | -100% |
| Trade debts | 44 | €1,803 | €1,484 | -€319 | -17.7% |
| Suppliers | 440/4 | €1,803 | €1,484 | -€319 | -17.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €103 | €976 | +€873 | +844% |
| Taxes | 450/3 | €103 | €976 | +€873 | +844% |
| Other amounts payable | 47/48 | €13,975 | €11,011 | -€2,965 | -21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,067 | - | -€11,067 | |
| Other operating charges | 640/8 | €654 | €1,248 | +€593 | +90.7% |
| Gross operating margin | 9900 | €6,848 | €1,890 | -€4,958 | -72.4% |
| Operating profit (loss) | 9901 | -€4,874 | €643 | +€5,516 | |
| Financial charges | 65/66B | €441 | €193 | -€249 | -56.4% |
| Recurring financial charges | 65 | €441 | €193 | -€249 | -56.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,315 | €450 | +€5,765 | |
| Profit (loss) for the period | 9904 | -€5,315 | €450 | +€5,765 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,315 | €450 | +€5,765 |
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 20 October 2026 via checked.be.