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ERGOLINE Blue Magic

Active
Private limited companyfounded 2016active for 10 yearsPourbusstraat 23, 2000 Antwerpen, BelgiumKBO/BCE: BE 0656.879.347
Summary

ERGOLINE Blue Magic has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17,564 and a net result of €3,418. Equity is growing by about 33% per year across the filed financial years. Its solvency ranks better than 32% of 1,363 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

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ERGOLINE Blue MagicActiveChecked score 68/100
Risk analysis ReportCompare

Overview

Activity
Day spas, saunas and steam baths
NACE 96230
1 site
Size
€159,556total assets 2025
Equity
€17,564
Profit
€3,418
Turnover not published (abbreviated or micro format)
Financial health
68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
2025 accounts 16 days early1 of 4 deeds summarised
Why 68raises riskProfit of €3,418 (financial year 2025)Liquidity: current ratio 1.06, cash €5,326Equity €17,564 (11.0% of total assets)lowers riskSize: total assets €159,556Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 41% of its sector peers (NACE 96, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 36+2
equity 11.0% of total assets
Liquidity 5+3
short-term debt 89.0% · cash 3.3%
Profitability 71-29
return on assets 2.1%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,611 companies, NACE 96, micro)
Last 24 months 11-2024: 1.6% 12-2024: 1.6%● unchanged vs 11-2024 01-2025: 1.6%● unchanged vs 12-2024 02-2025: 1.6%● unchanged vs 01-2025 03-2025: 1.6%● unchanged vs 02-2025 04-2025: 1.6%● unchanged vs 03-2025 05-2025: 1.6%● unchanged vs 04-2025 06-2025: 1.6%● unchanged vs 05-2025 07-2025: 1.6%● unchanged vs 06-2025 08-2025: 2.3%▲ +0.7 percentage points vs 07-2025highest value 09-2025: 1.2%▼ -1.1 percentage points vs 08-2025 10-2025: 1.1%▼ -0.1 percentage points vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 0.8%▼ -0.3 percentage points vs 07-2026 09-2026: 0.7%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: 0.7%● unchanged vs 09-2026lowest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.06, compared with 1.02 in 2024, below the usual 1.5; short-term debt: 89% and cash: 3.3% of total assets), and 89% of the assets are financed with debt and provisions.
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 96, micro): better than 37% on solvency, 6% on liquidity, 51% on profitability and 70% 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

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €159,556
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Profit of €3,418 (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.06, cash €5,326
NBB · annual accounts
raises risk · Equity €17,564 (11.0% of total assets)
NBB · annual accounts
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 15-07-2026, 16 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
16 days early
2024
2 days early
2023
1 day early
2022
32 days late
2020
26 days late
2019
145 days late
2018
51 days late
← 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 34 days after the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% 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 31 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Resignation: ACHEIKH Ilias (director)Appointment: CHANNOUF Yassine (director) ·…

Key points

  • One director decidessole director in office 1 View
  • Total assets 20256 financial years filed €159,556 View
  • Active since 2016founded 22-06-2016 10 years View

By topic

Financials

Financial year
2025
Total assets
€159,556
Profit
€3,418
Solvency
11.0%
Turnover▼ 15.5%
Net result
20182020
Go to Financials

Timeline

Events
13
Since
2018
Next accounts
by 31-07-2027
  1. 31-12-2024Back to profit
  2. 31-12-2024Liquidity more than triples
  3. 30-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Day spas, saunas and steam bathsNACE 96230
Founded
22-06-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
30
Who signs
Each director alone
Annual meeting
Last Friday of June at 18:00
Purpose
“Uitbating van sauna’s, solaria (zonnebank), baden; Detailhandel in cosmetica en…” (deed in Dutch)
Go to Articles of association

Key facts about ERGOLINE Blue Magic

What is the company number of ERGOLINE Blue Magic?
0656.879.347. In Belgium the VAT number is the company number with BE in front: BE 0656.879.347.
Where is ERGOLINE Blue Magic based?
The registered office is at Pourbusstraat 23, 2000 Antwerpen.Company details
What does ERGOLINE Blue Magic do?
According to the KBO register, the main activity is day spas, saunas and steam baths (NACE 96230).
What is the legal form of ERGOLINE Blue Magic?
Private limited company (BV).
When was ERGOLINE Blue Magic founded?
On 22-06-2016.
Is ERGOLINE Blue Magic still active?
Yes, ERGOLINE Blue Magic is an active enterprise in the KBO register.
How many employees does ERGOLINE Blue Magic have?
On average 1.1 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
What is the turnover of ERGOLINE Blue Magic?
€100,976 in financial year 2020, according to the filed annual accounts.
Is ERGOLINE Blue Magic profitable?
In financial year 2025, ERGOLINE Blue Magic made a profit of €3,418.
Where can I find the annual accounts of ERGOLINE Blue Magic?
ERGOLINE Blue Magic filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ERGOLINE Blue Magic due?
By 31-07-2027, for financial year 2026.Timeline

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