Financials
Financial year 2025
MAGIC IMAGE from Vorst, company number BE0462754534, closed financial year 2025 with a result of € 159,786 after tax. For that financial year MAGIC IMAGE recorded a gross margin of € 567,497 and equity of € 327,895. Compared with financial year 2024, the result moved from € 93,885 to € 159,786. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 7, 2026.
€ 327,895
▲ 95% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 159,786
▲ 70% vs 2024
Profit after tax over the fiscal year.
€ 35,098
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 265,895.
People and assets in 2025
1.6
Average over the fiscal year, from the social balance sheet.
€ 113,987
▲ 29% vs 2024
€ 71,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 877
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.7 million
▼ 10% vs 2024
€ 180,706 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 26,107
▼ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,604
▼ 30% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 210,000 | - | - | - | |
| Gross margin | € 175,693 | € 161,554 | € 378,619 | € 567,497 | ▲ 50% |
| Profit after taxes | € -89,891 | € -122,556 | € 93,885 | € 159,786 | ▲ 70% |
| Equity | € 1,220,806 | € 1,098,250 | € 168,109 | € 327,895 | ▲ 95% |
| Total debts | € 4,684,182 | € 4,386,251 | € 6,235,569 | € 3,337,967 | ▼ 46% |
| Cash | € 62,298 | € 16,089 | € 34,218 | € 35,098 | ▲ 3% |
| Land & buildings | € 29,747 | € 29,747 | € 29,747 | € 29,747 | |
| Retained profit | € 280,210 | € 225,239 | € 106,109 | € 265,895 | ▲ 151% |
| Bank debt | € 2,311,400 | € 2,152,163 | € 1,860,715 | € 1,682,681 | ▼ 10% |
| Balance sheet total | € 5,904,987 | € 5,484,500 | € 6,403,678 | € 3,665,862 | ▼ 43% |
| Employees (FTE) | 2 | 1.7 | 1.6 | 1.6 |
Key figures of MAGIC IMAGE, fiscal years 2021 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 IMAGE?
What happened at MAGIC IMAGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- nWave Studios stepped down as director. NBB
- Matthieu Gondinet stepped down as director. NBB
- Matthieu Zeller stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 159,786 (▲ 70% vs 2024). filed late Source: NBB ↗
- nWave Studios became a director. NBB
- Matthieu Gondinet became a director. NBB
- Matthieu Zeller became a director. NBB
- New establishment in Vorst. KBO
In short
From € 89,891 loss in 2021 to € 159,786 profit in 2025.
Paid € 5,907 in corporate taxes since 2021.
Best year ever: 2025, with € 159,786 profit.
On average € 354,700 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of nWave Studios, DSV 2D comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MAGIC IMAGEThe shares are held by nWave Studios (100%) and DSV 2D.
Directors
According to the 2025 annual accounts
Matthieu Gondinet
Director
Also active at: nWave Studios, nWave Digital, MOVIDA WALLONIE, NWAVE PICTURES
since 2021 · until 2027
since 2021 · until 2027
Director · represented by Matthieu Zeller
Also active at: nWave Digital, MOVIDA WALLONIE, NWAVE PICTURES
since 2024 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Van Volxemlaan 297
1190 Vorst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0462.754.534
- VAT number
- BE 0462.754.534
- Registered office
- Van Volxemlaan 297, 1190 Vorst
- Names & denominations
- MAGIC IMAGE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 1998
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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