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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
49 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Magic Finco from Brussel, company number BE0750528293, closed financial year 2025 with a result of € -2.4 million after tax. Compared with financial year 2024, the result moved from € 206,470 to € -2.4 million. 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 July 3, 2026.
€ -6.5 million
▼ € 2.4 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.4 million
▼ still € 206,470 profit in 2024
Profit after tax over the fiscal year.
€ 2.1 million
▲ € 1.7 million vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6.5 million.
Debts at end 2025
€ 135.7 million
▲ 43% vs 2024
€ 3.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 35 years.
€ 189,303
▼ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 323 days on average.
€ 959,685
▲ 36% 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 | |
|---|---|---|---|---|---|
| Profit after taxes | € -919,220 | € -2,472,806 | € 206,470 | € -2,430,620 | ▼ € 2.6 million |
| Equity | € -1,826,835 | € -4,299,641 | € -4,093,171 | € -6,523,791 | ▼ € 2.4 million |
| Total debts | € 103,265,052 | € 115,319,222 | € 141,765,771 | € 156,515,616 | ▲ 10% |
| Cash | € 697,697 | € 673,937 | € 407,329 | € 2,132,341 | ▲ € 1.7 million |
| Retained profit | € -1,826,935 | € -4,299,741 | € -4,093,271 | € -6,523,891 | ▼ € 2.4 million |
| Bank debt | € 93,713,309 | € 94,957,313 | € 94,690,586 | € 135,650,000 | ▲ 43% |
| Balance sheet total | € 101,438,218 | € 111,019,582 | € 137,672,600 | € 149,991,825 | ▲ 9% |
Key figures of Magic Finco, 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 Finco?
What happened at Magic Finco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2.4 million (▼ € 2.6 million vs 2024). Source: NBB ↗
- Laurent Marcelis became a director. NBB
- XPS became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 919,220 loss in 2022 to € 2.4 million loss in 2025.
Paid € 727,182 in corporate taxes since 2022.
Best year ever: 2024, with € 206,470 profit.
Management
The stake of Magic Bidco comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Magic FincoBehind Magic Finco are Laurent Marcelis and XPS. The shares are held by Magic Bidco (100%).
Directors
According to the 2025 annual accounts
since 2024
Director · represented by Peter SCHRAMME
Also active at: ENHESA, ENHESA GROUP, Magic Midco, Magic Bidco, Magic Parentco
since 2020
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louizalaan 287
1050 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 49 companies are registered at this address.
All companies at this address →Schiedel Metaloterm
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€ 6.9 million revenue · 2025
G.L. - METAL
LYONNAISE BELGIQUE - BELGIE
+44 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
- 0750.528.293
- VAT number
- BE 0750.528.293
- Registered office
- Louizalaan 287, 1050 Brussel
- Names & denominations
- Magic Finco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 July 2020
- Peppol
- Active · Active since 24 Jul 2026
- Activities · NACE
Activiteiten van hoofdkantoren
Activiteiten van holdings
Activiteiten van geldmarkt- en niet-geldmarktbeleggingsfondsen
Beleggingstrusts en -fondsen en vergelijkbare financiële instellingen
Holdings