Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 21.9 to 16.3.
Financials
Financial year 2025
MAGIC from Comines-Warneton, company number BE0836863144, closed financial year 2025 with a result of € 29,380 after tax. For that financial year MAGIC recorded a gross margin of € 875,458 and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 232,367 to € 29,380. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 2.5 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 29,380
▼ 87% vs 2024
Profit after tax over the fiscal year.
€ 234,265
▼ 50% 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 € 2.5 million.
People and assets in 2025
16.3
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 450,531
▼ 5% vs 2024
€ 27,600 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.
€ 270,696
▲ € 238,094 vs 2024
Of which on lease € 256,116.
Debts at end 2025
€ 256,055
▲ € 203,780 vs 2024
€ 79,541 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 337,980
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 65,865
▼ 51% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,602,553 | € 1,705,180 | € 1,273,217 | € 875,458 | ▼ 31% |
| Profit after taxes | € 573,860 | € 563,313 | € 232,367 | € 29,380 | ▼ 87% |
| Equity | € 1,665,456 | € 2,228,769 | € 2,461,136 | € 2,490,516 | ▲ 1% |
| Total debts | € 1,394,994 | € 1,277,949 | € 698,626 | € 661,221 | ▼ 5% |
| Cash | € 475,501 | € 583,042 | € 472,410 | € 234,265 | ▼ 50% |
| Land & buildings | € 650,563 | € 632,523 | € 614,482 | € 596,441 | ▼ 3% |
| Retained profit | € 1,659,256 | € 2,222,569 | € 2,454,936 | € 2,484,316 | ▲ 1% |
| Bank debt | € 190,880 | € 122,493 | € 52,275 | € 256,055 | ▲ € 203,780 |
| Balance sheet total | € 3,060,450 | € 3,506,718 | € 3,159,762 | € 3,151,737 | |
| Employees (FTE) | 20.6 | 21.9 | 16.5 | 16.3 | ▼ 0.2 |
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: profit of € 29,380 (▼ 87% vs 2024). filed late Source: NBB ↗
- New establishment in Comines-Warneton. KBO
- New establishment in Comines-Warneton. KBO
- New establishment in Comines-Warneton. KBO
- New establishment in Comines-Warneton. KBO
- New establishment in Comines-Warneton. KBO
- New establishment in Comines-Warneton. KBO
- Start of the company according to the CBE. KBO
In short
From € 573,860 profit in 2022 to € 29,380 profit in 2025.
Paid € 637,639 in corporate taxes since 2022.
Best year ever: 2022, with € 573,860 profit.
On average € 53,700 of value added per employee in 2025.
A new publication or filing at MAGIC? We notify you, reason included.
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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
Establishments
Establishment units
Physical locations of this company
Drie-Bisdommenstraat(Biz) 2 box a
7783 Comines-Warneton
Drie-Bisdommenstraat(Biz) 2A
7783 Comines-Warneton
Active since 1 October 2011
Eeuwfeeststraat(Biz) 15/17
7783 Comines-Warneton
Active since 1 August 2013
Touquetstraat(Biz) 22
7783 Comines-Warneton
Active since 16 October 2015
Drie-Bisdommenstraat(Biz) 7
7783 Comines-Warneton
Active since 1 September 2018
Chapelle Rompue straat(Biz) 57 box A
7783 Comines-Warneton
Active since 1 August 2020
Eeuwfeeststraat(Biz) 9
7783 Comines-Warneton
Active since 17 November 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0836.863.144
- VAT number
- BE 0836.863.144
- Registered office
- Drie-Bisdommenstraat(Biz) 2 bus a, 7783 Comines-Warneton
- Names & denominations
- MAGIC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 June 2011
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
Detailhandel in tabaksproducten
Groothandel in tabaksproducten
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis