Equity
Debts exceed assets in financial year 2011.
Debts exceed assets in financial year 2011.
Every financial year from 2006 to 2011 closed with a loss. 2007 was the heaviest.
2012 accounts not filed: deadline was 31-07-2013.
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.
The latest annual accounts of MAGIC were filed more than 90 days after the deadline. The 2011 annual accounts show negative equity (-€34,744) and a net result of -€1,459.
Equity has been shrinking by about 3.8% per year since 2007. The company has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
| Line | Trend | 2011 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
20 | 7 | 39 | 90 | 93,543 | |
21/28 |
- | - | - | - | 92,966 | |
28 |
- | - | - | - | 92,966 | |
29/58 |
20 | 7 | 39 | 90 | 577 | |
54/58 |
20 | 7 | 39 | 90 | 577 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
20 | 7 | 39 | 90 | 93,543 | |
10/15 |
-34,744 | -32,176 | -30,873 | -29,819 | 73,769 | |
10/11 |
86,962 | 86,962 | 86,962 | 86,962 | 86,962 | |
100 |
86,962 | 86,962 | 86,962 | 86,962 | 86,962 | |
14 |
-121,707 | -119,138 | -117,836 | -116,781 | -13,193 | |
17/49 |
34,764 | 32,183 | 30,912 | 29,909 | 19,774 | |
42/48 |
34,764 | 32,183 | 30,912 | 29,909 | 19,774 | |
44 |
1,695 | 2,636 | 1,365 | 564 | 695 | |
440/4 |
1,695 | 2,636 | 1,365 | 564 | 695 | |
47/48 |
33,069 | 29,547 | 29,547 | 29,345 | 19,079 | |
| Income statement | ||||||
9900 |
-250 | -302 | -250 | -250 | - | |
640/8 |
945 | 969 | 774 | 1,104 | 696 | |
66A |
- | - | - | 102,052 | - | |
9901 |
-1,195 | -1,271 | -1,024 | -1,354 | -696 | |
65/66B |
264 | 31 | 31 | 181 | 60 | |
65 |
264 | 31 | 31 | 181 | 60 | |
9903 |
-1,459 | -1,302 | -1,055 | -103,588 | -755 | |
9904 |
-1,459 | -1,302 | -1,055 | -103,588 | -755 | |
9905 |
-1,459 | -1,302 | -1,055 | -103,588 | -755 | |
| Appropriation of the result | ||||||
9906 |
-121,707 | -119,138 | -117,836 | -116,781 | -13,193 | |
| Document | ||||||
The accounts for 15 older financial years (1991-2005) were filed as documents without figures as data, scans for example.
Source: Annual accounts 2011 (PDF), filed on 30-11-2012.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2011 | abbreviated format | 30-11-2012 | 2012-65600525 | |
| 31-12-2010 | abbreviated format | 30-11-2012 | 2012-65600524 | |
| 31-12-2009 | abbreviated format | 30-08-2010 | 2010-46100507 | |
| 31-12-2008 | abbreviated format | 18-06-2010 | 2010-20600207 | |
| 31-12-2007 | abbreviated format | 26-05-2010 | 2010-12600487 | |
| 31-12-2006 | abbreviated format | 31-08-2007 | 2007-66300039 | |
| 31-12-2005 | abbreviated format | 23-10-2006 | 2006-84403819 | |
| 31-12-2004 | abbreviated format | 30-09-2005 | 2005-77200281 | |
| 31-12-2003 | abbreviated format | 02-11-2004 | 2004-75900048 | |
| 31-12-2002 | abbreviated format | 29-09-2003 | 2003-68900148 | |
| 31-12-2001 | abbreviated format | 01-10-2002 | 2002-59900122 | |
| 31-12-2000 | abbreviated format | 15-10-2001 | 2001-63800002 | |
| 31-12-1999 | abbreviated format | 19-10-2000 | 2000-66100014 | |
| 31-12-1998 | abbreviated format | 16-09-1999 | 1999-46501634 | |
| 31-12-1997 | abbreviated format | 14-10-1998 | 1998-52901801 | |
| 31-12-1996 | abbreviated format | 02-09-1997 | 1997-40901445 | |
| 31-12-1995 | abbreviated format | 16-09-1996 | 1996-43802802 | |
| 31-12-1994 | abbreviated format | 22-08-1995 | 1995-46403629 | |
| 31-12-1993 | abbreviated format | 14-10-1994 | 1994-44100630 | |
| 31-12-1992 | abbreviated format | 27-10-1993 | 1993-41300829 | |
| 31-12-1991 | abbreviated format | 10-11-1992 | 1992-37601830 |
| Line | Trend | 2011 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|
| - | - | - | 9,086 | - | ||
| - | -31 | -52 | -487 | - | ||
| -34,744 | -32,176 | -30,873 | -29,819 | -19,197 | ||
| - | - | - | - | 78.9% | ||
| - | - | - | - | 0.03 | ||
| - | - | - | - | 0.27 | ||
| - | - | - | - | -1.0% | ||
| - | - | - | - | -0.8% |
The ratios are withheld because a balance sheet total of €20 is too small for a meaningful ratio.
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.
The operating result for 2011 is a loss of €1,195, larger than the loss of €1,019 in 2010.
Equity is negative. Debt (€34,764) exceeds the balance-sheet total (€20).
Source: list of holdings in its own 2007 accounts. The amounts are in that list and come from the holdings' accounts at 31-12-2007, in their own currency.
| FONDATION DU DOCIP
establishment since 01-08-2016 |
founded in 2015 0659.751.933 |
| Coen, Renée (sole trader)
establishment since 01-04-2011 |
founded in 2011 0553.412.021 |
| VIADUC
registered office since 17-11-2004 |
founded in 2004 0870.006.757 |
| Association du Quartier Léopold
registered office since 02-05-1987 |
founded in 1987 0434.110.236 |
| Name | 2006 | 2007 |
|---|---|---|
| 73.33% | ||
Source: list of holdings in its own accounts
See the function holders in the KBO register.
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 | Since | Unit number |
|---|---|---|
| Vautierstraat 44 registered office 1050 Ixelles | ||
| Visitandinenstraat 3 1000 Brussels 5913001 Motion picture, video and television programme production, sound recording and music publishing activities | 27-07-1990 | 2.052.108.541 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21809K1450/00R000 | 1,082 m² | - | - |
| 21442A0026/00R009 | 272 m² | 1 · 99 m² | 16.8 m · 5 |
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