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 2 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 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ART-MAGIC from De Panne, company number BE0818175006, closed financial year 2025 with a result of € -48,948 after tax. For that financial year ART-MAGIC recorded a gross margin of € -27,536 and equity of € -76,156. Compared with financial year 2024, the result moved from € -49,196 to € -48,948. 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 May 21, 2026.
€ -76,156
▼ € 48,948 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -48,948
▲ 1 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2,966
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -233,156.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 27,303
▼ 40% vs 2024
€ 18,130 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 4,431
▼ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 332
▼ 55% 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 | € 20,779 | € 14,185 | € -27,287 | € -27,536 | ▼ € 248 |
| Profit after taxes | € 52 | € -8,644 | € -49,196 | € -48,948 | ▲ € 248 |
| Equity | € 30,632 | € 21,988 | € -27,208 | € -76,156 | ▼ € 48,948 |
| Total debts | € 163,038 | € 201,655 | € 238,911 | € 276,693 | ▲ 16% |
| Cash | € 6,138 | € 7,226 | € 3,994 | € 2,966 | ▼ 26% |
| Land & buildings | € 185,458 | € 215,159 | € 202,216 | € 189,272 | ▼ 6% |
| Retained profit | € -126,368 | € -135,012 | € -184,208 | € -233,156 | ▼ € 48,948 |
| Bank debt | € 79,994 | € 62,709 | € 45,147 | € 27,303 | ▼ 40% |
| Balance sheet total | € 193,671 | € 223,643 | € 211,703 | € 200,537 | ▼ 5% |
Key figures of ART-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 ART-MAGIC?
What happened at ART-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 € 48,948. Source: NBB ↗
- Patrick Oosterlinck became a director. NBB
- New establishment in De Panne. KBO
- Start of the company according to the CBE. KBO
In short
From € 52 profit in 2022 to € 48,948 loss in 2025.
Paid € 376 in corporate taxes since 2022.
Best year ever: 2022, with € 52 profit.
Management
Behind ART-MAGIC is Patrick Oosterlinck.
Directors
According to the 2025 annual accounts
Patrick Oosterlinck
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Hendrik Consciencelaan 4 box 2/01
8660 De Panne
Hendrik Consciencelaan 4 box 201
8660 De Panne
Active since 1 September 2009
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0818.175.006
- VAT number
- BE 0818.175.006
- Registered office
- Hendrik Consciencelaan 4 bus 2/01, 8660 De Panne
- Names & denominations
- ART-MAGIC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 2009
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Beoefening van uitvoerende kunsten door zelfstandig werkende artiesten
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen