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MAG'C

Active Private limited companyfounded 2003active for 23 yearsMortelputstraat 45, 9830 Sint-Martens-LatemKBO/BCE: BE 0479.337.970

Lifetime

20 annual accounts with figures on one time axis, 23 filings since 2004
peak €133,389 (2024)
€110,809▼ 3.1%
lowest -€21,734 (2019)
€559▼ 87.8%
peak €165,228 (2020)
€162,631▲ 0.3%
€458,115▼ 4.5%
peak 1 FTE (2018)
-not published
Board1 name since 2021
1 director
Documentsfilings and deeds
30-10-20261 day before the deadline
2026micro format
Result from €4,570 to €559Cash from €41,156 to €78,738

Key points

from the 2026 annual accounts

Equity

€162,631 ▲ 0.3%

MAG'C has made a profit without a break since 2022.

Turnover

≈ €270,000 estimated

The micro format states no turnover.

Debts

€458,115 74% of the balance sheet
Financial debts 43%Suppliers 1%Taxes and wages 3%Other 53%

Of this, €264,170 falls due within a year.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 4,684 companies had the same profile as MAG'C has now. Each dot stands for 12 companies, two years later.

97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 4,684 companies, not a prediction for MAG'C. 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

Board and ownership

Director, since 15-03-2021
  • all the sharesdeed of 18-09-2018
Board & ownership

Recent changes

Registered office moved within Sint-Martens-Latem New registered office: Mortelputstraat 45, B-9830 Sint-Martens-Latem · Previous registered office: Deurle (B-9831 Sint-Martens-Latem), Mortelstraat 13 · Appointment: (director) · General meeting of 15-03-2021 · Gazette deed
Capital decrease of €105,268.17 to €37,200 Capital from €142,468.17 to €37,200 · Gazette deed
Merger: CORPO CARE takes over ADICII Company renamed from CORPO CARE to MAG'C · Capital increase of €18,600 to €142,468.17 · Capital from €123,868.17 to €142,468.17, 211 new shares · General meeting of 31-10-2018 · Gazette deed
Merger proposal: Corpo Care takes over Adicii holds 186 shares · Name change: Mag'c · holds all the shares · General meeting of 30-08-2018 · Gazette deed
All 38 events

Comparable companies

same main activity, similar in size and age
Company
MAG'C Sint-Martens-Latem €620,746 €110,809 26.2% -
NATSY Jette €570,228 €119,806 37.3% -
LABORATOIRE DENTAIRE FONTAINE Frasnes-lez-Anvaing €638,611 €130,606 69.3% -
OPTIEK SCHROEYERS Antwerp €535,182 €133,065 82.3% -
LA.BO.WI. Liège €611,961 €120,082 70.0% 2.1
VRIJENS As €700,119 €143,477 87.3% 1
Optiek Caenen Lanaken €458,949 €100,978 41.2% -

These companies have the same main activity as MAG'C: manufacture of medical and dental instruments and supplies (NACE 32500). They are comparable in size and age: total assets between €459,000 and €700,000, founded between 1998 and 2005.

Official details

Source: KBO
Status
Active since 16-01-2003Normal situation
Activity
Manufacture of medical and dental instruments and suppliesNACE 32500and 2 others
Establishment unit
2.126.481.4119830 Sint-Martens-Latem, since 19-03-2003
Financial year end
31 March
Peppol
Reachable
Company details

Annual accounts to 31-03-2026

€620,746▼ 3.3%
Filing
Filed on 30-10-2026, 1 day before the end of the filing period
Financials

Insights on MAG'C

MAG'C files the micro format. That format states no turnover. The gross margin rose from €35,138 in 2007 to €110,809 in 2026.

The balance sheet grew most from 2021 to 2023 through fixed assets.

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 MAG'C

What is the company number of MAG'C?
The company number of MAG'C is 0479.337.970. The VAT number is the same number with BE in front: BE 0479.337.970.
Where is MAG'C based?
The registered office is at Mortelputstraat 45, 9830 Sint-Martens-Latem.Company details
What does MAG'C do?
According to the KBO register, the main activity is manufacture of medical and dental instruments and supplies (NACE 32500).
What is the legal form of MAG'C?
MAG'C is a private limited company (BV).
When was MAG'C founded?
MAG'C was founded on 16-01-2003.
Is MAG'C still active?
Yes, MAG'C is an active enterprise in the KBO register.
What is the turnover of MAG'C?
The turnover in financial year 2026 is ≈ €270,000. This figure is estimated from the gross margin of €110,809 and 2,459 comparable companies of the same size. It probably lies between €180,000 and €430,000. It is a rough estimate.Financials
Is MAG'C profitable?
In financial year 2026, MAG'C made a profit of €559.
Where can I find the annual accounts of MAG'C?
MAG'C filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of MAG'C due?
MAG'C must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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