Turnover
The accounts state no turnover.
The accounts state no turnover.
Of this, €452,633 falls due within a year.
Two of the last ten came late. The 2024 accounts came in latest, 29 days after the end of the period.
Lower solvency than 86% of companies in social work without accommodation. Sector median 39.9% · 732 companies.
Wallonia-Brussels support, mostly Subventions aux services d'actions restauratrices et éducatives.
In July 2024, 1,220 companies had the same profile as MAGIC has now. Each dot stands for 4 companies, two years later.
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.
| 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 1,220 companies, not a prediction for MAGIC. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| MAGIC Brussels | - | - | 1.9% | - |
| SERVICE VERVIETOIS D'ACCOMPAGNEMENT ET GUIDANCE Verviers | - | - | 19.3% | - |
| Association francophone pour la Promotion de l'emploi et des aides techniques personnes déficientes visuelles Charleroi | - | - | 88.8% | - |
| ASBL LE COUP DE POUCE Arlon | €18,270 | 4.8% | 4.7% | 6.3 |
| Inter-Actions Bertrix | - | - | 33.3% | 6 |
| GEMEENSCHAPSCENTRUM NEKKERSDAL Brussels | €6,040 | - | 68.4% | 10.9 |
| GROUPE D'ACTIONS PSYCHO-SOCIALES Ixelles | - | - | 11.3% | 10 |
These companies have the same main activity as MAGIC: other social work without accommodation (NACE 88999). They are comparable in size and age: total assets between €474,000 and €749,000, founded between 1985 and 1992.
MAGIC files the micro format. That format states no turnover. The gross margin rose from €322,973 in 2007 to €562,484 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €660,000. Estimated: probably between €620,000 and €760,000.
Higher than 13% of 732 companies in 2025.
Higher than 43% of 718 companies in 2025.
Higher than 30% of 722 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: top quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
664,900 | 570,376 | 595,786 | 469,658 | 325,069 | 271,316 | 234,209 | 160,308 | 174,077 | 220,886 | 168,910 | 163,462 | 156,077 | 172,124 | 187,892 | 166,420 | 175,683 | 248,341 | 236,611 | |
21/28 |
5,191 | 9,011 | 12,830 | 15,209 | 19,547 | 21,485 | 25,342 | 24,610 | 2,999 | 838 | 1,517 | 1,102 | 927 | 629 | 1,711 | 1,414 | 1,021 | 3,996 | 7,113 | |
22/27 |
5,191 | 9,011 | 12,830 | 15,209 | 19,547 | 21,485 | 25,342 | 24,610 | 2,999 | 838 | 1,517 | 1,102 | 927 | 629 | 1,711 | 1,414 | 1,021 | 3,996 | 7,113 | |
23 |
5,191 | 7,728 | 10,265 | 12,802 | 15,339 | 17,876 | 20,413 | 21,780 | - | - | - | - | - | - | - | - | 245 | 951 | 1,517 | |
24 |
- | 1,283 | 2,566 | 2,408 | 4,208 | 3,609 | 4,930 | 2,830 | 2,999 | 838 | 1,517 | 1,102 | 927 | 629 | 1,711 | 1,414 | 776 | 1,470 | 2,446 | |
26 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,575 | 3,150 | |
29/58 |
659,709 | 561,365 | 582,956 | 454,449 | 305,522 | 249,832 | 208,867 | 135,698 | 171,077 | 220,048 | 167,393 | 162,359 | 155,150 | 171,495 | 186,181 | 165,006 | 174,662 | 244,345 | 229,498 | |
29 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 264 | |
291 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 264 | |
40/41 |
17,056 | 12,543 | - | 7,786 | 5,866 | 5,893 | 4,641 | 9,257 | 3,852 | 1,252 | 15,838 | 9,580 | 9,845 | 8,166 | 14,973 | 10,326 | 13,254 | 9,983 | 11,767 | |
40 |
- | - | - | - | 1,133 | 2,560 | - | - | - | - | - | - | - | - | - | - | - | - | 650 | |
41 |
17,056 | 12,543 | - | 7,786 | 4,733 | 3,333 | 4,641 | 9,257 | 3,852 | 1,252 | 15,838 | 9,580 | 9,845 | 8,166 | 14,973 | 10,326 | 13,254 | 9,983 | 11,117 | |
54/58 |
634,200 | 539,221 | 574,925 | 440,866 | 291,527 | 240,580 | 199,180 | 125,406 | 163,330 | 212,653 | 146,552 | 149,250 | 139,894 | 152,525 | 164,539 | 144,842 | 156,537 | 231,695 | 214,824 | |
490/1 |
8,453 | 9,601 | 8,031 | 5,797 | 8,129 | 3,359 | 5,046 | 1,035 | 3,895 | 6,143 | 5,002 | 3,530 | 5,411 | 10,804 | 6,669 | 9,838 | 4,871 | 2,667 | 2,643 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
664,900 | 570,376 | 595,786 | 469,658 | 325,069 | 271,316 | 234,209 | 160,308 | 174,077 | 220,886 | 168,910 | 163,462 | 156,077 | 172,124 | 187,892 | 166,420 | 175,683 | 248,341 | 236,611 | |
10/15 |
12,715 | 11,883 | 13,817 | 30,230 | 16,136 | 7,246 | 17,036 | 4,882 | -5,991 | -5,175 | -5,955 | 3,437 | -11,114 | -20,250 | -10,795 | -4,233 | -1,886 | 4,754 | 7,697 | |
14 |
12,715 | 11,883 | 13,817 | 29,262 | 14,200 | 4,342 | 13,164 | 4,882 | -5,991 | -5,175 | -5,955 | 3,437 | -11,114 | -20,250 | -10,795 | -4,233 | -1,886 | 4,754 | 7,697 | |
15 |
- | - | - | 968 | 1,936 | 2,904 | 3,872 | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
652,185 | 558,493 | 581,969 | 439,428 | 308,934 | 264,070 | 217,173 | 155,426 | 180,068 | 226,061 | 174,865 | 160,025 | 167,191 | 192,374 | 198,687 | 170,653 | 177,569 | 243,587 | 228,914 | |
42/48 |
452,633 | 448,166 | 581,969 | 230,552 | 239,277 | 261,510 | 156,687 | 154,755 | 179,992 | 159,593 | 144,760 | 160,025 | 161,633 | 174,813 | 190,376 | 98,912 | 139,751 | 241,471 | 200,750 | |
42 |
- | - | - | - | - | - | 76,161 | 76,161 | 76,161 | 71,019 | 67,760 | 67,760 | 67,937 | 67,936 | 69,330 | 19,790 | 53,819 | 174,856 | 145,730 | |
44 |
9,488 | 14,179 | 14,056 | 5,470 | 1,898 | 3,975 | 2,947 | 1,429 | 5,210 | 2,728 | 1,136 | 4,747 | 301 | 116 | 1,618 | 651 | 2,767 | 7,835 | 2,510 | |
440/4 |
9,488 | 14,179 | 14,056 | 5,470 | 1,898 | 3,975 | 2,947 | 1,429 | 5,210 | 2,728 | 1,136 | 4,747 | 301 | 116 | 1,618 | 651 | 2,767 | 7,835 | 2,510 | |
45 |
96,253 | 87,095 | 66,771 | 64,880 | 83,128 | 103,499 | 77,579 | 77,165 | 98,620 | 85,846 | 75,864 | 87,518 | 89,892 | 102,147 | 115,923 | 74,967 | 79,695 | 58,780 | 52,145 | |
450/3 |
13,980 | 12,644 | 11,340 | 13,327 | 15,305 | 13,930 | - | 12,760 | 13,696 | 13,960 | - | 14,559 | 12,754 | 12,730 | 21,866 | 9,016 | 10,466 | 7,008 | 11,684 | |
454/9 |
82,274 | 74,451 | 55,431 | 51,553 | 67,823 | 89,569 | 77,579 | 64,404 | 84,924 | 71,887 | 75,864 | 72,959 | 77,138 | 89,417 | 94,057 | 65,951 | 69,229 | 51,772 | 40,461 | |
47/48 |
346,891 | 346,891 | 501,143 | 160,201 | 154,251 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
492/3 |
199,552 | 110,328 | - | 208,876 | 69,656 | 2,560 | 60,486 | 670 | 76 | 66,467 | 30,104 | - | 5,558 | 17,561 | 8,311 | 71,741 | 37,818 | 2,116 | 28,164 | |
| Income statement | ||||||||||||||||||||
70/76A |
- | - | - | - | - | - | - | - | - | - | - | - | - | 508,258 | 548,699 | 459,955 | 443,015 | 414,069 | 366,688 | |
73 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 414,069 | 366,688 | |
9900 |
562,484 | 524,832 | 486,862 | 505,405 | 563,510 | 586,960 | 512,421 | 571,412 | 527,789 | 494,407 | 483,302 | 507,043 | 513,296 | 454,123 | 487,117 | 408,541 | 394,470 | 363,599 | 322,973 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 54,135 | 61,582 | 51,414 | 48,545 | 50,470 | 43,715 | |
62 |
558,793 | 523,631 | 498,282 | 486,837 | 543,575 | 586,390 | 503,845 | 552,676 | 526,330 | 489,930 | 492,307 | 493,561 | 507,607 | 465,449 | 492,704 | 409,193 | 395,366 | 365,892 | 318,429 | |
630 |
3,820 | 3,820 | 4,787 | 4,338 | 4,338 | 3,858 | 5,277 | 4,352 | 2,098 | 679 | 1,142 | 623 | 912 | 1,022 | 1,349 | 1,146 | 3,399 | 3,851 | 3,794 | |
640/8 |
- | - | - | - | 6,374 | 6,178 | 85 | 2,921 | 73 | 2,963 | - | 97 | 262 | 19 | 169 | 7 | 6,188 | 1,484 | 20 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | 160 | - | 587 | - | 267 | 1,603 | |
9901 |
-129 | -2,619 | -16,207 | 14,230 | 9,222 | -9,466 | 3,214 | 11,462 | -712 | 837 | -10,148 | 12,762 | 4,515 | -12,367 | -7,105 | -1,805 | -10,483 | -7,628 | 730 | |
75/76B |
1,248 | 995 | 1,097 | 1,165 | 968 | 968 | 968 | 45 | 110 | 388 | 1,090 | 2,038 | 756 | 4,261 | 832 | 278 | 1,934 | 5,098 | 4,546 | |
75 |
1,248 | 995 | 1,097 | 1,165 | 968 | 968 | 968 | 45 | 110 | 388 | 1,090 | 2,038 | 756 | 4,261 | 832 | 278 | 1,934 | 5,098 | 4,546 | |
65/66B |
287 | 310 | 334 | 333 | 333 | 323 | 448 | 634 | 215 | 444 | 334 | 250 | 181 | 893 | 289 | 233 | 469 | 1,138 | 940 | |
65 |
287 | 310 | 334 | 333 | 333 | 323 | 448 | 634 | 215 | 444 | 334 | 250 | 181 | 893 | 289 | 233 | 469 | 1,138 | 940 | |
9903 |
832 | -1,934 | -15,445 | 15,062 | 9,858 | -8,822 | 3,733 | 10,874 | -816 | 780 | -9,391 | 14,550 | 5,091 | -8,999 | -6,562 | -1,760 | -9,018 | -3,668 | 4,336 | |
9904 |
832 | -1,934 | -15,445 | 15,062 | 9,858 | -8,822 | 3,733 | 10,874 | -816 | 780 | -9,391 | 14,550 | 5,091 | -9,159 | -6,562 | -2,347 | -9,018 | -3,935 | 2,733 | |
9905 |
832 | -1,934 | -15,445 | 15,062 | 9,858 | -8,822 | 3,733 | 10,874 | -816 | 780 | -9,391 | 14,550 | 5,091 | - | - | - | - | - | - | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
12,715 | 11,883 | 13,817 | 29,262 | 14,200 | 4,342 | 8,616 | 4,882 | -5,991 | -5,175 | -5,955 | 3,437 | -15,159 | - | - | - | - | - | - | |
14P |
11,883 | 13,817 | 29,262 | 14,200 | 4,342 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | 4,548 | - | - | - | - | - | 4,046 | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||||
9087 |
- | - | - | - | 7.7 | 7.8 | 8.6 | 9.1 | 8.7 | 9.1 | 9.1 | 8.4 | 9 | 9.5 | 9 | 8.9 | 8.8 | 8.1 | 7.7 | |
Hours worked1013 |
- | - | - | - | 12,212 | 13,963 | 12,479 | 14,470 | 14,406 | 13,327 | 5,648 | 12,888 | 13,813 | 13,566 | 14,087 | 13,713 | 13,683 | 13,398 | 11,468 | |
| Document | ||||||||||||||||||||
The accounts for financial year 2006 were filed as a document without figures as data, a scan for example.
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 15-05-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 15-05-2026 | 2026-00111610 | |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00440986 | |
| 31-12-2023 | micro format | 27-06-2024 | 2024-00178353 | |
| 31-12-2022 | micro format | 07-08-2023 | 2023-00319449 | |
| 31-12-2021 | full format | 14-06-2022 | 2022-20061564 | |
| 31-12-2020 | full format | 18-06-2021 | 2021-21300188 | |
| 31-12-2019 | full format | 25-06-2020 | 2020-20500157 | |
| 31-12-2018 | full format | 20-06-2019 | 2019-20700569 | |
| 31-12-2017 | full format | 22-06-2018 | 2018-22000373 | |
| 31-12-2016 | full format | 08-06-2017 | 2017-16200015 | |
| 31-12-2015 | full format | 24-06-2016 | 2016-22100229 | |
| 31-12-2014 | full format | 29-05-2015 | 2015-13700226 | |
| 31-12-2013 | full format | 19-06-2014 | 2014-19600574 | |
| 31-12-2012 | full format | 29-08-2013 | 2013-52000333 | |
| 31-12-2011 | full format | 08-06-2012 | 2012-15600453 | |
| 31-12-2010 | full format | 14-06-2011 | 2011-16100153 | |
| 31-12-2009 | full format | 02-06-2010 | 2010-14600056 | |
| 31-12-2008 | full format | 27-06-2009 | 2009-31600176 | |
| 31-12-2007 | full format | 25-06-2008 | 2008-28700316 | |
| 31-12-2006 | full format | 25-07-2007 | 2007-47100265 |
| Year | Entries | Paid |
|---|---|---|
| 2025 | 13 | €708,075 |
| 2023 | 2 | €697,285 |
| 2022 | 2 | €652,088 |
| 2021 | 1 | €2,295 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,691 | 1,200 | -11,420 | 18,568 | 13,560 | -5,609 | 8,491 | 15,814 | 1,386 | 1,515 | -9,006 | 13,385 | 5,427 | -11,345 | -5,756 | -659 | -7,084 | -3,777 | 4,524 | ||
| 4,652 | 1,885 | -10,657 | 19,400 | 14,195 | -4,964 | 9,011 | 15,226 | 1,282 | 1,459 | -8,249 | 15,173 | 6,003 | -8,137 | -5,213 | -1,201 | -5,619 | -84 | 6,527 | ||
| 0 | 0 | 2,409 | 0 | 2,400 | 0 | 6,009 | 25,963 | 4,259 | 0 | 1,557 | 798 | 1,210 | -60 | 1,646 | 1,539 | 424 | 734 | 2,133 | ||
| 94,979 | -35,704 | 134,059 | 149,339 | 50,948 | 41,400 | 73,774 | -37,924 | -49,323 | 66,100 | -2,697 | 9,356 | -12,631 | -12,014 | 19,697 | -11,695 | -75,158 | 16,871 | - | ||
| 207,076 | 113,200 | 987 | 223,897 | 66,245 | -11,679 | 52,180 | -19,057 | -8,914 | 60,454 | 22,633 | 2,334 | -6,483 | -3,318 | -4,195 | 66,094 | 34,911 | 2,874 | 28,748 | ||
| 1.9% | 2.1% | 2.3% | 6.4% | 5.0% | 2.7% | 7.3% | 3.0% | -3.4% | -2.3% | -3.5% | 2.1% | -7.1% | -11.8% | -5.7% | -2.5% | -1.1% | 1.9% | 3.3% | ||
| 1.46 | 1.25 | 1.00 | 1.97 | 1.28 | 0.96 | 1.33 | 0.88 | 0.95 | 1.38 | 1.16 | 1.01 | 0.96 | 0.98 | 0.98 | 1.67 | 1.25 | 1.01 | 1.14 | ||
| 51.29 | 47.00 | 42.12 | 14.54 | 19.15 | 36.44 | 12.75 | 31.83 | - | - | - | 46.57 | - | - | - | - | - | 51.24 | 29.74 | ||
| 6.5% | -16.3% | -111.8% | 49.8% | 61.1% | -121.7% | 21.9% | 222.7% | - | - | - | 423.4% | - | - | - | - | - | -82.8% | 35.5% | ||
| 0.1% | -0.3% | -2.6% | 3.2% | 3.0% | -3.3% | 1.6% | 6.8% | -0.5% | 0.4% | -5.6% | 8.9% | 3.3% | -5.3% | -3.5% | -1.4% | -5.1% | -1.6% | 1.2% | ||
| 12.86 | 3.87 | -34.19 | 55.77 | 40.73 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 1 day | 10 days | 5 days | 21 days | 57 days | 21 days |
EBIT margin not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2021 |
|---|---|
| Employees at the balance-sheet date | 10 |
| full-time | 6 |
| part-time | 4 |
| in full-time equivalents | 7.8 |
| 7.7 | |
| On a permanent contract | 10 |
Source: social balance sheet in the 2021 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €2,409 | - | €2,400 |
| €3,820 | €3,820 | €4,787 | €4,338 | €4,338 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €129, smaller than the loss of €2,619 in 2024.
Debt's share of the balance-sheet total rises from 97.9% to 98.1%. Equity and debt are higher.
This non-profit association has no shareholders or capital.
MAGIC has no parent and no holdings in its annual accounts. MAGIC shares no director with another company.
| Mélèzes Invest
establishment since 19-11-1997 · founded in 1997 · group Alva |
total assets €14.1m (2025) 0461.646.556 |
| GRANDE PRAIRIE
establishment since 28-03-2002 · founded in 2002 |
total assets €3.0m (2023) 0476.870.014 |
| Brussel Onthaal
registered office since 10-01-2007 · founded in 1980 |
12 FTE (2025) 0420.809.259 |
| Bruxelles Accueil
registered office since 01-02-2005 · founded in 1980 |
2 FTE (2025) 0474.363.058 |
| BELGIAN WORLD AIRLINES
establishment since 12-01-1998 · founded in 1997 |
total assets €53,438 (2025) 0462.246.174 |
| Peeters, Tim (sole trader)
establishment since 24-04-2022 |
founded in 2022 0785.345.058 |
| ELAN
registered office since 17-09-2002 |
founded in 2002 0478.313.928 |
| Vastapane, Philippe (sole trader)
establishment since 03-02-1993 |
founded in 1993 0534.308.563 |
| Brussels Airport Restaurants
registered office since 30-12-1970 |
founded in 1970 0407.825.117 |
| Immobilière et Industrielle
registered office since 01-01-1968 |
founded in 1968 0403.373.906 |
The 2026 accounts are due by 31-07-2027.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Start date | Unit number |
|---|---|---|
| Sainctelettesquare 12 registered office 1000 Brussels | 29-09-2008 | 2.175.315.961 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21812N1454/00E010 | 561 m² | 1 · 372 m² | 37.9 m · 11 |
If something looks wrong or is missing, please tell us.