Equity
-€3,825
Debts exceed assets in financial year 2025.
BELMAGIC
Lifetime
1 annual account with figurespeak €35,220 (2025)
€35,220
lowest -€4,825 (2025)
-€4,825
peak -€3,825 (2025)
-€3,825
€31,893
Board2 names since 2025
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Loss of €4,825Incorporation 14-031 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsDebts
€31,893 114% of the balance sheet
Suppliers 46%Taxes and wages 28%Other 26%
Position in the sector
-13.6%
Lower solvency than 90% of companies in building services and landscaping. Sector median 40.5% · 5,730 companies.
2025 accounts filed 31 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,322 companies had the same profile as BELMAGIC has now. Each dot stands for 4 companies, two years later.
90.2%
were still trading
5.5%
stopped another way
4.2%
went bankrupt
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,322 companies, not a prediction for BELMAGIC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1020919060
First establishment
Prudent Bolslaan 71, Brussels
Incorporation
Founding capital of €1,000, 100 shares · Founder: · Appointment: (director) · published on 14-03-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BELMAGIC Brussels | €28,068 | €35,220 | -13.6% | - |
| IMCO MULTI-SERVICES Anderlecht | €33,335 | €33,003 | 71.3% | - |
| LUME ONE Saint-Josse-ten-Noode | €33,429 | €29,703 | 81.2% | - |
| Zazai & Sons Kortrijk | €33,282 | €32,618 | 94.1% | - |
| Cleaning PRO-MAX Genk | €27,355 | €36,069 | 73.2% | - |
| ANN GROUP Koekelberg | €27,452 | €35,317 | 98.0% | - |
| WASSEP Peer | €29,535 | €27,277 | 70.1% | - |
These companies have the same main activity as BELMAGIC: other building cleaning and industrial cleaning (NACE 81220). They are comparable in size and age: total assets between €27,400 and €33,400, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 12-03-2025Normal situation
- Activity
- Other building cleaning and industrial cleaningNACE 81220and 2 others
- Establishment unit
- 2.373.190.7161020 Brussels, since 01-04-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 04-12-2025
Insights on BELMAGIC
The 2025 annual accounts show negative equity (-€3,825) and a net result of -€4,825. Its solvency ranks better than 9% of 5,730 sector peers (NACE 81, financial year 2025).
The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BELMAGIC
- What is the company number of BELMAGIC?
- The company number of BELMAGIC is 1020.919.060. The VAT number is the same number with BE in front: BE 1020.919.060.
- Where is BELMAGIC based?
- The registered office is at Prudent Bolslaan 71/b003, 1020 Brussels.Company details
- What does BELMAGIC do?
- According to the KBO register, the main activity is other building cleaning and industrial cleaning (NACE 81220).
- What is the legal form of BELMAGIC?
- BELMAGIC is a private limited company (BV).
- When was BELMAGIC founded?
- BELMAGIC was founded on 12-03-2025.
- Is BELMAGIC still active?
- Yes, BELMAGIC is an active enterprise in the KBO register.
- How many employees does BELMAGIC have?
- BELMAGIC had an average of 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of BELMAGIC?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €35,220 and 34 comparable companies (NACE 812). It probably lies between €97,000 and €250,000.
- Is BELMAGIC profitable?
- In financial year 2025, BELMAGIC made a loss of €4,825.
- Where can I find the annual accounts of BELMAGIC?
- BELMAGIC filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See whether the workforce is growing and whether people stay.Employer check
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