Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
41 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MAGIC from Ukkel, company number BE0445857827, closed financial year 2025 with a result of € -39,020 after tax. For that financial year MAGIC recorded a gross margin of € -31,866 and equity of € -73,308. Compared with financial year 2024, the result moved from € 1,778 to € -39,020. 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 April 23, 2026.
€ -73,308
▼ € 39,020 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -39,020
▼ still € 1,778 profit in 2024
Profit after tax over the fiscal year.
€ 26,403
▲ 115% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -135,281.
People and assets in 2025
€ 6,644
▲ 44% 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.
€ 30,777
▼ 73% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,281
▼ 80% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 13,696 | € -239 | € 9,864 | € -31,866 | ▼ € 41,731 |
| Profit after taxes | € 3,905 | € -5,390 | € 1,778 | € -39,020 | ▼ € 40,798 |
| Equity | € -30,676 | € -36,066 | € -34,288 | € -73,308 | ▼ € 39,020 |
| Total debts | € 215,481 | € 147,700 | € 191,684 | € 123,917 | ▼ 35% |
| Cash | € 34,368 | € 19,286 | € 12,262 | € 26,403 | ▲ 115% |
| Retained profit | € -92,649 | € -98,039 | € -96,261 | € -135,281 | ▼ € 39,020 |
| Balance sheet total | € 184,805 | € 111,634 | € 157,396 | € 50,609 | ▼ 68% |
Key figures of MAGIC, 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?
What happened at MAGIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 39,020 (▼ € 40,798 vs 2024). Source: NBB ↗
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,905 profit in 2022 to € 39,020 loss in 2025.
Paid € 8,449 in corporate taxes since 2022.
Best year ever: 2022, with € 3,905 profit.
Establishments
Establishment units
Physical locations of this company
Winston Churchilllaan 11 box 10
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 41 companies are registered at this address.
All companies at this address →IMMOBILIERE ROBIN
€ 283,628 gross margin · 2024
Compagnie Bruxelloise Immobilière
€ 117,464 gross margin · 2025
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+36 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.857.827
- VAT number
- BE 0445.857.827
- Registered office
- Winston Churchilllaan 11 bus 10, 1180 Ukkel
- Names & denominations
- MAGIC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 1991
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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