Financials
- Financial year
- 2025
- Total assets
- €200,537
- Loss
- -€48,948
- Solvency
- -38.0%
Total assets▼ 5.3%
Net result
20182025
ART-MAGIC
ActiveSummary
ART-MAGIC has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€76,156) and a net result of -€48,948. Equity is shrinking by about 32% per year across the filed financial years. Its solvency ranks better than 10% of 2,464 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Activity
Performing arts by independent artists
NACE 90201
1 site
Size
€200,537total assets 2025
- Equity
- -€76,156
- Loss
- -€48,948
Turnover not published (abbreviated or micro format)
Structure
2025 accounts 71 days early7 deeds in the Belgian Official Gazette
Why 52raises riskCapped at 59: negative equityNegative equity -€76,156Loss of €48,948, the second in a row (financial year 2025)lowers riskSize: total assets €200,537Sector: Arts creation and performing arts activities (NACE 90)Show the evidence
Checked score
Score 2025
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 5% of its sector peers (NACE 90, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
0-12
equity -38.0% of total assets
Liquidity
2=
short-term debt 133.2% · cash 1.5%
Profitability
0=
return on assets -24.4%
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025lowest value
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.4%▲ +0.2 percentage points vs 07-2025
09-2025: 0.8%▲ +0.4 percentage points vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.9%▲ +0.1 percentage points vs 01-2026
03-2026: 0.9%● unchanged vs 02-2026highest value
04-2026: 0.8%▼ -0.1 percentage points vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026
08-2026: 0.8%● unchanged vs 07-2026
09-2026: 0.8%● unchanged vs 08-2026
10-2026: 0.8%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.04, compared with 0.04 in 2024, below 1; short-term debt: 133.2% and cash: 1.5% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 90, micro): better than 6% on solvency, 3% on liquidity, 7% on profitability and 3% on growth.
The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€76,156
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-05-2026, 71 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
71 days early
2024
on the day
2023
35 days early
2022
13 days early
2021
45 days early
2020
11 days early
2019
18 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 28 days before the deadline; the sector median (NACE 90) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Weakest financial yearnet -€49,196
Key points
- Risk: Negative equityfinancial year 2025: debts exceed assets -€76,156 View
- Risk: 3 loss-making years in a rowloss financial year 2025 -€48,948 View
- Caution: Among the weakest 5% on net resultsector median €6,370 · 2,460 companies -€48,948 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
By topic
Timeline
- Events
- 18
- Since
- 2011
- Next accounts
- by 31-07-2027
- 26-06-2024Annual accounts filed
- 18-07-2023Annual accounts filed
- 31-12-2022Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Performing arts by independent artistsNACE 90201
- Founded
- 01-07-2009
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about ART-MAGIC
- What is the company number of ART-MAGIC?
- 0818.175.006. In Belgium the VAT number is the company number with BE in front: BE 0818.175.006.
- Where is ART-MAGIC based?
- The registered office is at Hendrik Consciencelaan 4, 8660 De Panne.Company details
- What does ART-MAGIC do?
- According to the KBO register, the main activity is performing arts by independent artists (NACE 90201).
- What is the legal form of ART-MAGIC?
- Private limited company (pre-2019) (BVBA).
- When was ART-MAGIC founded?
- On 01-07-2009.
- Is ART-MAGIC still active?
- Yes, ART-MAGIC is an active enterprise in the KBO register.
- What is the turnover of ART-MAGIC?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is ART-MAGIC profitable?
- In financial year 2025, ART-MAGIC made a loss of €48,948.
- Where can I find the annual accounts of ART-MAGIC?
- ART-MAGIC filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ART-MAGIC due?
- By 31-07-2027, for financial year 2026.Timeline
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