Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAGIC LAGOON from Soignies, company number BE0435415083, closed financial year 2025 with a result of € -36,877 after tax. For that financial year MAGIC LAGOON recorded a gross margin of € 49,789 and equity of € -30,841. Compared with financial year 2024, the result moved from € -57,143 to € -36,877. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ -30,841
▼ € 36,877 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -36,877
▲ 35 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2,384
▲ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -99,433.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 24,044
▲ 31% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 162
▼ 70% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 26,810
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,703
▲ 45% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 102,070 | € 47,840 | € 24,852 | € 49,789 | ▲ 100% |
| Profit after taxes | € -2,047 | € -56,755 | € -57,143 | € -36,877 | ▲ € 20,266 |
| Equity | € 119,934 | € 63,179 | € 6,036 | € -30,841 | ▼ € 36,877 |
| Total debts | € 294,239 | € 283,008 | € 288,635 | € 271,701 | ▼ 6% |
| Cash | € 18,725 | € 2,382 | € 1,496 | € 2,384 | ▲ 59% |
| Land & buildings | € 371,615 | € 322,357 | € 273,100 | € 223,843 | ▼ 18% |
| Retained profit | € 51,342 | € -5,413 | € -62,556 | € -99,433 | ▼ € 36,877 |
| Bank debt | € 120,849 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 414,173 | € 346,186 | € 294,671 | € 240,860 | ▼ 18% |
Key figures of MAGIC LAGOON, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MAGIC LAGOON?
What happened at MAGIC LAGOON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 36,877. filed late Source: NBB ↗
- New establishment in Silly. KBO
- New establishment in Soignies. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,047 loss in 2022 to € 36,877 loss in 2025.
Paid € 2 in corporate taxes since 2022.
Management
Behind MAGIC LAGOON is Thierry Mallinus.
Directors
According to the 2025 annual accounts
Thierry Mallinus
Director
Establishments
Establishment units
Physical locations of this company
Chaussée de Lessines 373
7060 Soignies
Chaussée de Ghislenghien(Silly) 93
7830 Silly
Active since 20 October 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0435.415.083
- VAT number
- BE 0435.415.083
- Registered office
- Chaussée de Lessines 373, 7060 Soignies
- Names & denominations
- MAGIC LAGOON
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 September 1988
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
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