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MAGIATECH

Active
Private limited companyfounded 2025active for 1 yearVeldekens 61, 9991 Maldegem, BelgiumKBO/BCE: BE 1023.738.691
Summary

The computed 12-month bankruptcy probability of MAGIATECH is 1.8% (moderate). The 2025 annual accounts show equity of €15,219 and a net result of €13,219. Its solvency ranks better than 78% of 3,232 sector peers (NACE 95, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
NACE 95220
1 site
Size
€22,670total assets 2025
Equity
€15,219
Profit
€13,219
Turnover not published (micro format)
Financial health
56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.8%
Structure
Accounts 31 days early
Why 56raises riskFounded in 2025Size: total assets €22,670Liquidity: current ratio 2.89, cash €134Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 66% of its sector peers (NACE 95, micro)
Financial strength
Strong
Solvency 92
equity 67.1% of total assets
Liquidity 36
short-term debt 32.9% · cash 0.6%
Profitability 100
return on assets 58.3%
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,129 companies, NACE 95, micro)
Last 24 months 06-2026: 1.8%highest value 07-2026: 1.4%▼ -0.4 percentage points vs 06-2026lowest value 08-2026: 1.4%● unchanged vs 07-2026lowest value 09-2026: 1.7%▲ +0.3 percentage points vs 08-2026 10-2026: 1.8%▲ +0.1 percentage points vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity ample (current ratio 2.89, above the usual 1.5; short-term debt: 32.9% and cash: 0.6% of total assets), and 32.9% 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 95, micro): better than 77% on solvency, 28% on liquidity and 94% on profitability.

The bankruptcy probability was computed on 20-10-2026 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.
raises riskneutral
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €22,670
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 2.89, cash €134
NBB · annual accounts
raises risk · Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
KBO
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 30-06-2026, 31 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
31 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: ROUSSEAU David (director) ·…

Key points

  • Founded 16 months agofounded 27-05-2025 16 months View
  • Total assets 2025first financial year filed €22,670 View

By topic

Financials

Financial year
2025
Total assets
€22,670
Profit
€13,219
Solvency
67.1%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Repair and maintenance of computers, personal and household…NACE 95220
Founded
27-05-2025
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
26
Annual meeting
Last Monday of May at 12:00
Purpose
“Herstelling en installatie van machines en apparaten voor huis,tuin en algemene publiek…” (deed in Dutch)
Statutory auditor
No statutory auditor
Go to Articles of association

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