MAGIQUE: 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.
MAGIQUE
Largest movements
- Cash +€22,931
up €22,931 (+67.5%), from €33,990 to €56,921
mainly Depreciation (+€15,976) and Other debts (+€5,353)
- Tangible fixed assets -€14,154
down €14,154 (-16.3%), from €86,956 to €72,802
of which Land and buildings: -€9,289
- Receivables within one year -€4,125
down €4,125 (-53.4%), from €7,724 to €3,599
of which Trade receivables: -€2,915
- Other debts +€5,353
up €5,353 (+21.8%), from €24,526 to €29,879
- Debts after one year -€3,155
down €3,155 (-100%), from €3,155 to €0
- Current portion of long-term debt -€2,024
down €2,024 (-30.4%), from €6,652 to €4,628
- Reserves +€1,882
up €1,882 (+2.1%), from €87,953 to €89,836
- Tax, wage and social debts +€1,417
up €1,417 (+402%), from €352 to €1,769
- Gross operating margin -€2,184
down €2,184 (-7.3%), from €29,918 to €27,734
- Other operating charges +€974
up €974 (+53.0%), from €1,838 to €2,812
- Financial charges -€367
down €367 (-14.0%), from €2,619 to €2,252
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 | €129,969 | €134,977 | +€5,007 | +3.9% |
| Fixed assets | 21/28 | €86,956 | €72,802 | -€14,154 | -16.3% |
| Tangible fixed assets | 22/27 | €86,956 | €72,802 | -€14,154 | -16.3% |
| Land and buildings | 22 | €77,160 | €67,870 | -€9,289 | -12.0% |
| Furniture and vehicles | 24 | €9,797 | €4,931 | -€4,865 | -49.7% |
| Current assets | 29/58 | €43,013 | €62,175 | +€19,162 | +44.5% |
| Amounts receivable within one year | 40/41 | €7,724 | €3,599 | -€4,125 | -53.4% |
| Trade receivables | 40 | €6,510 | €3,595 | -€2,915 | -44.8% |
| Other amounts receivable | 41 | €1,214 | €4 | -€1,210 | -99.7% |
| Cash at bank and in hand | 54/58 | €33,990 | €56,921 | +€22,931 | +67.5% |
| Deferred charges and accrued income | 490/1 | €1,299 | €1,656 | +€356 | +27.4% |
| Total equity and liabilities | 10/49 | €129,969 | €134,977 | +€5,007 | +3.9% |
| Equity | 10/15 | €94,159 | €96,041 | +€1,882 | +2.0% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €87,953 | €89,836 | +€1,882 | +2.1% |
| Distributable reserves | 133 | €87,953 | €89,836 | +€1,882 | +2.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €35,810 | €38,936 | +€3,125 | +8.7% |
| Amounts payable after more than one year | 17 | €3,155 | €0 | -€3,155 | -100% |
| Financial debts | 170/4 | €3,155 | €0 | -€3,155 | -100% |
| Amounts payable within one year | 42/48 | €32,656 | €37,946 | +€5,290 | +16.2% |
| Current portion of amounts payable after more than one year | 42 | €6,652 | €4,628 | -€2,024 | -30.4% |
| Financial debts | 43 | €51 | €217 | +€166 | +323% |
| Credit institutions | 430/8 | €51 | €217 | +€166 | +323% |
| Trade debts | 44 | €1,074 | €1,453 | +€378 | +35.2% |
| Suppliers | 440/4 | €1,074 | €1,453 | +€378 | +35.2% |
| Taxes, remuneration and social security | 45 | €352 | €1,769 | +€1,417 | +402% |
| Taxes | 450/3 | €352 | €1,769 | +€1,417 | +402% |
| Other amounts payable | 47/48 | €24,526 | €29,879 | +€5,353 | +21.8% |
| Accrued charges and deferred income | 492/3 | - | €990 | +€990 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,928 | €15,976 | +€48 | +0.3% |
| Other operating charges | 640/8 | €1,838 | €2,812 | +€974 | +53.0% |
| Gross operating margin | 9900 | €29,918 | €27,734 | -€2,184 | -7.3% |
| Operating profit (loss) | 9901 | €12,152 | €8,946 | -€3,205 | -26.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €2,619 | €2,252 | -€367 | -14.0% |
| Recurring financial charges | 65 | €2,619 | €2,252 | -€367 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €9,532 | €6,694 | -€2,838 | -29.8% |
| Income taxes | 67/77 | €3,974 | €3,979 | +€4 | +0.1% |
| Profit (loss) for the period | 9904 | €5,558 | €2,715 | -€2,843 | -51.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,558 | €2,715 | -€2,843 | -51.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.