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Magic Beam Services

Active
Private limited companyfounded 20242 yrs activeRue d'Aubel 232, 4852 Plombières, BelgiumKBO/BCE: BE 1008.532.259
Summary

The computed 12-month bankruptcy probability of Magic Beam Services is 1.7% (moderate). The 2024 annual accounts show equity of €7,618 and a net result of €4,618. Its solvency ranks better than 54% of 221 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability94
Solvency58
Growth-
Track record67
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
33.1%
Return on assets
20.1%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 14
Relative position
BE, all sectors
reference
Manufacture of wearing apparel (NACE 14)
about 12% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
29 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 29 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Magic Beam Services was incorporated on 18 April 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€7,618
Total assets
€22,988
Net result
€4,618
Working capital
€4,153

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €22,988
Fixed assets €3,465
Current assets €19,523
Equity and liabilities €22,988
Equity €7,618
Debt €15,370
Debt finances 66.9% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€6,137
Cash flow
€4,888
Current ratio
1.27
Quick ratio
0.30
Debt to equity
2.02
ROE
60.6%
ROA
20.1%
Interest coverage
38.93
Debt ≤ 1 year
€15,370
Income taxes
€1,120

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 37 lines
Balance sheet Code2024
Assets
Total assets20/58€22,988
Fixed assets21/28€3,465
Tangible fixed assets22/27€3,465
Plant, machinery and equipment23€3,465
Current assets29/58€19,523
Stocks and contracts in progress3€14,890
Stocks30/36€14,890
Amounts receivable within one year40/41€2,467
Trade receivables40€2,467
Cash at bank and in hand54/58€2,166
Equity and liabilities
Total equity and liabilities10/49€22,988
Equity10/15€7,618
Contributions10/11€3,000
Reserves13€4,618
Distributable reserves133€4,618
Amounts payable17/49€15,370
Amounts payable within one year42/48€15,370
Trade debts44€3,089
Suppliers440/4€3,089
Taxes, remuneration and social security45€3,325
Taxes450/3€3,325
Other amounts payable47/48€8,957
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€270
Other operating charges640/8€1
Gross operating margin9900€6,138
Operating profit (loss)9901€5,867
Financial income75/76B€28
Recurring financial income75€28
Financial charges65/66B€158
Recurring financial charges65€158
Profit (loss) for the period before taxes9903€5,737
Income taxes67/77€1,120
Profit (loss) for the period9904€4,618
Profit (loss) for the period to be appropriated9905€4,618
Appropriation of the result
Profit (loss) to be appropriated9906€4,618
Transfer to equity691/2€4,618
To other reserves6921€4,618

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€270
Other operating charges640/8€1
Gross operating margin9900€6,138
Operating profit (loss)9901€5,867
Financial income75/76B€28
Recurring financial income75€28
Financial charges65/66B€158
Recurring financial charges65€158
Profit (loss) for the period before taxes9903€5,737
Income taxes67/77€1,120
Profit (loss) for the period9904€4,618
Profit (loss) for the period to be appropriated9905€4,618
Line2024
Assets
Total assets20/58€22,988
Fixed assets21/28€3,465
Tangible fixed assets22/27€3,465
Plant, machinery and equipment23€3,465
Current assets29/58€19,523
Stocks and contracts in progress3€14,890
Stocks30/36€14,890
Amounts receivable within one year40/41€2,467
Trade receivables40€2,467
Cash at bank and in hand54/58€2,166
Equity and liabilities
Total equity and liabilities10/49€22,988
Equity10/15€7,618
Contributions10/11€3,000
Reserves13€4,618
Distributable reserves133€4,618
Amounts payable17/49€15,370
Amounts payable within one year42/48€15,370
Trade debts44€3,089
Suppliers440/4€3,089
Taxes, remuneration and social security45€3,325
Taxes450/3€3,325
Other amounts payable47/48€8,957
Line2024
Profit (loss) for the period9904€4,618
+ Depreciation and write-downs630€270
Operating cash flow (approximation)€4,888

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Plombières · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
4,119 m²
Building footprint
174 m²
Volume, LiDAR
820 m³
2 parcels, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Magic Beam Services
Place Albert Ier 17, 4880 AubelManufacture of wearing apparel
since 20242.358.449.783
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63037B0641/00B000 Wallonia 3,998 m² 1 · 106 m² 3.0 m · 1 fl.
63003B1009/00B000 Wallonia 121 m² 1 · 69 m² 11.3 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 540 companies in sector 14299 we hold annual accounts for 105. 54 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-04-2024
Fiscal year end31-12
Activities, NACEBEL 2025
14299Manufacture of wearing apparel
47120Other non-specialised retail sale
47762Retail sale of pets, pet food and pet supplies
47789Other retail sale of new goods
E-invoicing
Reachable via Peppol
Peppol ID 0208:1008532259
Registered 08-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.