MAGIC
Annual accounts 2025
micro format, filed on 23-07-2026, 8 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €54,000. Estimated: probably between €32,000 and €100,000.
Balance sheet
balance sheet total €43,361 on 31-12-2025in euro
in euro
Position in the sector
43.3%
Higher than 63% of 5,755 companies in 2025.
1.54
Higher than 62% of 5,319 companies in 2025.
2.3%
Higher than 42% of 5,364 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
43,361 | 35,470 | 39,755 | 37,032 | 70,050 | 79,025 | 97,895 | 63,811 | 80,075 | |
21/28 |
6,083 | 10,890 | 12,370 | 15,942 | 40,059 | 53,820 | 71,395 | 32,560 | 38,943 | |
21 |
1,250 | 4,250 | 7,250 | 10,250 | 13,250 | 16,250 | 19,250 | 22,250 | 25,250 | |
22/27 |
4,833 | 6,640 | 5,120 | 5,692 | 26,809 | 37,570 | 52,145 | 10,310 | 13,693 | |
23 |
1,834 | 3,026 | 889 | 845 | 1,742 | 874 | 1,913 | 1,489 | 1,480 | |
24 |
- | - | - | - | 24,515 | 35,184 | 46,590 | 3,049 | 4,311 | |
26 |
2,999 | 3,615 | 4,231 | 4,847 | 552 | 1,512 | 3,642 | 5,772 | 7,902 | |
29/58 |
37,278 | 24,580 | 27,385 | 21,090 | 29,991 | 25,204 | 26,500 | 31,251 | 41,133 | |
3 |
14,246 | 17,539 | 17,896 | 15,956 | 21,747 | 22,222 | 23,069 | 28,285 | 30,120 | |
30/36 |
14,246 | 17,539 | 17,896 | 15,956 | 21,747 | 22,222 | 23,069 | 28,285 | 30,120 | |
40/41 |
16,752 | 605 | 861 | 873 | 2,711 | 1,371 | 1,047 | 1,174 | 2,512 | |
40 |
7,472 | - | 669 | 532 | 2,486 | 1,122 | 150 | 392 | 2,512 | |
41 |
9,279 | 605 | 193 | 341 | 226 | 248 | 897 | 783 | - | |
54/58 |
5,964 | 5,856 | 8,259 | 3,909 | 4,714 | 948 | 1,006 | 1,759 | 8,484 | |
490/1 |
317 | 580 | 369 | 351 | 818 | 663 | 1,377 | 32 | 17 | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
43,361 | 35,470 | 39,755 | 37,032 | 70,050 | 79,025 | 97,895 | 63,811 | 80,075 | |
10/15 |
18,789 | 32,777 | 29,296 | 14,966 | 14,756 | 11,068 | 24,485 | 36,653 | 24,331 | |
10/11 |
14,476 | 14,476 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | |
11 |
- | - | - | - | 18,600 | 18,600 | - | - | - | |
1109/19 |
- | - | - | - | 18,600 | 18,600 | - | - | - | |
13 |
935 | 935 | 935 | 935 | 935 | 935 | 935 | 935 | 287 | |
130/1 |
- | - | - | 935 | 935 | 935 | - | - | - | |
130 |
- | - | - | - | - | - | 935 | 935 | 287 | |
1311 |
- | - | - | 935 | 935 | 935 | - | - | - | |
133 |
935 | 935 | 935 | - | - | - | - | - | - | |
14 |
3,378 | 17,366 | 9,760 | -4,569 | -4,779 | -8,468 | 4,949 | 17,118 | 5,445 | |
17/49 |
24,573 | 2,693 | 10,460 | 22,066 | 55,294 | 67,957 | 73,410 | 27,158 | 55,744 | |
17 |
- | - | - | 4,730 | 11,199 | 19,655 | 23,453 | 9,167 | 12,037 | |
170/4 |
- | - | - | 4,730 | 11,199 | 19,655 | 23,453 | 9,167 | 12,037 | |
42/48 |
24,255 | 2,637 | 10,460 | 17,336 | 44,094 | 48,301 | 49,956 | 17,992 | 43,708 | |
42 |
- | - | 4,730 | 6,470 | 8,225 | 7,772 | 7,895 | 2,870 | 2,741 | |
43 |
- | - | - | - | - | 778 | - | - | - | |
430/8 |
- | - | - | - | - | 778 | - | - | - | |
44 |
1,511 | 1,738 | 1,002 | 679 | 6,827 | 7,515 | 9,204 | 2,592 | 4,977 | |
440/4 |
1,511 | 1,738 | 1,002 | 679 | 6,827 | 7,515 | 9,204 | 2,592 | 4,977 | |
45 |
351 | 899 | 2,962 | 1,965 | 4,402 | 1,718 | 2,023 | 2,834 | 9,691 | |
450/3 |
351 | 649 | 1,462 | 1,965 | 2,174 | 521 | 474 | 2,074 | 6,408 | |
454/9 |
0 | 250 | 1,500 | - | 2,228 | 1,198 | 1,549 | 760 | 3,283 | |
47/48 |
22,394 | - | 1,766 | 8,222 | 24,640 | 30,517 | 30,834 | 9,696 | 26,299 | |
492/3 |
318 | 57 | - | - | - | - | - | - | - | |
| Income statement | ||||||||||
9900 |
7,963 | 14,034 | 19,194 | 22,203 | 38,300 | 27,466 | 27,665 | 41,749 | 41,770 | |
62 |
0 | - | - | 15,662 | 17,674 | 20,588 | 24,461 | 15,624 | 18,201 | |
630 |
4,807 | 4,437 | 4,188 | 4,513 | 15,452 | 17,575 | 13,221 | 7,481 | 13,824 | |
640/8 |
520 | 587 | 159 | 200 | 190 | 100 | 248 | 350 | 479 | |
66A |
70 | - | - | - | - | - | - | - | - | |
9901 |
2,566 | 9,011 | 14,847 | 1,828 | 4,985 | -10,797 | -10,265 | 18,295 | 9,266 | |
75/76B |
120 | 0 | - | 0 | 5 | 0 | 3 | 0 | 13 | |
75 |
120 | 0 | - | 0 | 5 | 0 | 3 | 0 | 13 | |
65/66B |
785 | 316 | 517 | 1,264 | 831 | 1,970 | 961 | 1,852 | 942 | |
65 |
785 | 316 | 517 | 1,264 | 831 | 1,970 | 961 | 1,852 | 942 | |
9903 |
1,901 | 8,695 | 14,330 | 564 | 4,159 | -12,767 | -11,224 | 16,443 | 8,337 | |
67/77 |
889 | 1,089 | - | 354 | 471 | 504 | 128 | 3,468 | 2,606 | |
9904 |
1,012 | 7,606 | 14,330 | 210 | 3,688 | -13,271 | -11,352 | 12,975 | 5,731 | |
9905 |
1,012 | 7,606 | 14,330 | 210 | 3,688 | -13,271 | -11,352 | 12,975 | 5,731 | |
| Appropriation of the result | ||||||||||
9906 |
18,378 | 17,366 | 9,760 | -4,569 | -4,779 | -8,322 | 5,765 | 18,419 | 5,731 | |
14P |
17,366 | 9,760 | -4,569 | -4,779 | -8,468 | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | 649 | 287 | |
6920 |
- | - | - | - | - | - | - | 649 | 287 | |
694/7 |
15,000 | - | - | - | - | 146 | 816 | 653 | - | |
694 |
15,000 | - | - | - | - | 146 | 816 | 653 | - | |
| Social balance sheet | ||||||||||
9087 |
- | - | - | 0.5 | 0.7 | 1.1 | 1.2 | 1.2 | 0.8 | |
Hours worked1013 |
- | - | - | 872 | 1,100 | 1,349 | 2,066 | 1,804 | 1,788 | |
| Document | ||||||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 23-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 23-07-2026 | 2026-00320170 | |
| 31-12-2024 | abbreviated format | 25-08-2025 | 2025-00403255 | |
| 31-12-2023 | abbreviated format | 29-08-2024 | 2024-00427770 | |
| 31-12-2022 | abbreviated format | 24-08-2023 | 2023-00371232 | |
| 31-12-2021 | abbreviated format | 12-07-2022 | 2022-20182397 | |
| 31-12-2020 | abbreviated format | 12-07-2021 | 2021-34500471 | |
| 31-12-2019 | abbreviated format | 26-08-2020 | 2020-45200364 | |
| 31-12-2018 | abbreviated format | 08-07-2019 | 2019-30300453 | |
| 31-12-2017 | abbreviated format | 03-07-2018 | 2018-28600553 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| 7,373 | 13,447 | 19,035 | 6,341 | 20,437 | 6,777 | 2,955 | 25,775 | 23,090 | ||
| 5,819 | 12,043 | 18,518 | 4,723 | 19,140 | 4,303 | 1,868 | 20,455 | 19,555 | ||
| 0 | 2,957 | 617 | 4,911 | 1,690 | 0 | 52,055 | 1,098 | 50,207 | ||
| 108 | -2,403 | 4,349 | -805 | 3,766 | -58 | -753 | -6,725 | - | ||
| 13,023 | 21,943 | 16,925 | 3,754 | -14,103 | -23,097 | -23,457 | 13,259 | -2,575 | ||
| 43.3% | 92.4% | 73.7% | 40.4% | 21.1% | 14.0% | 25.0% | 57.4% | 30.4% | ||
| 1.54 | 9.32 | 2.62 | 1.22 | 0.68 | 0.52 | 0.53 | 1.74 | 0.94 | ||
| 0.95 | 2.67 | 0.91 | 0.30 | 0.19 | 0.06 | 0.07 | 0.16 | 0.25 | ||
| 1.31 | 0.08 | 0.36 | 1.47 | 3.75 | 6.14 | 3.00 | 0.74 | 2.29 | ||
| 5.4% | 23.2% | 48.9% | 1.4% | 25.0% | -119.9% | -46.4% | 35.4% | 23.6% | ||
| 2.3% | 21.4% | 36.0% | 0.6% | 5.3% | -16.8% | -11.6% | 20.3% | 7.2% | ||
| 9.39 | 42.55 | 36.82 | 5.02 | 24.60 | - | - | - | - |
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.
Social balance sheet
| Item | 31-12-2022 | 31-12-2021 |
|---|---|---|
| Employees at the balance-sheet date | - | 1 |
| part-time | - | 1 |
| in full-time equivalents | - | 0.7 |
| 0.5 | 0.7 | |
| Joined | 1 | 1 |
| Left | 2 | 1 |
Source: social balance sheet in the 2021 to 2022 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €2,957 | €617 | €4,911 | €1,690 |
| €4,807 | €4,437 | €4,188 | €4,513 | €15,452 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on MAGIC
The operating result for 2025 is 72% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 7.6% to 56.7%. Equity is lower and debt is higher.