Magic Finco
ActiveSummary
Magic Finco has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (-€6.5m) and a net result of -€2.4m. Equity is shrinking by ~31% per year across the filed fiscal years. Its solvency ranks better than 8% of 3241 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 03-07-2026, 28 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
28 d early
2024
31 d early
2023
5 d early
2022
4 d late
2021
60 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average on the deadline day; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€2.4m
2024 · €206,470
Working capital
-€9.2m
2024 · €775,034
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€538,621-€6.0m-€227,087-€283,850▼ 25.0%-€570,536▼ 101%
Net result-€907,715below the sector's middle half--€919,220below the sector's middle half▼ 1.3%-€2.5mbelow the sector's middle half▼ 169%€206,470within the sector's middle half-€2.4mbelow the sector's middle half
Equity-€907,615below the sector's middle half--€1.8mbelow the sector's middle half▼ 101%-€4.3mbelow the sector's middle half▼ 135%-€4.1mbelow the sector's middle half▲ 4.8%-€6.5mbelow the sector's middle half▼ 59.4%
Total assets€68.4mabove the sector's middle half-€101.4mabove the sector's middle half▲ 48.4%€111.0mabove the sector's middle half▲ 9.4%€137.7mabove the sector's middle half▲ 24.0%€150.0mabove the sector's middle half▲ 8.9%
Debt€69.3m-€103.3m▲ 49.1%€115.3m▲ 11.7%€141.8m▲ 22.9%€156.5m▲ 10.4%
Working capital€7.2mabove the sector's middle half-€1.0mabove the sector's middle half▼ 85.6%€1.9mabove the sector's middle half▲ 81.5%€775,034above the sector's middle half▼ 58.7%-€9.2mbelow the sector's middle half
Solvency-1.3%below the sector's middle half--1.8%below the sector's middle half▼ 0.5pp-3.9%below the sector's middle half▼ 2.1pp-3.0%below the sector's middle half▲ 0.9pp-4.3%below the sector's middle half▼ 1.4pp
Current ratio1.92within the sector's middle half-1.07within the sector's middle half▼ 0.851.08within the sector's middle half▲ 0.011.02within the sector's middle half▼ 0.060.66within the sector's middle half▼ 0.35
Return on assets (ROA)-1.3%below the sector's middle half--0.9%below the sector's middle half▲ 0.4pp-2.2%below the sector's middle half▼ 1.3pp0.1%within the sector's middle half▲ 2.4pp-1.6%below the sector's middle half▼ 1.8pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €570,536 in 2025 against €283,850 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €150.0m
Fixed assets
€131.9m ▲ 51.1%
Current assets
€18.1m ▼ 64.1%
Key figures and ratios
Debt ≤ 1 year
€27.3m▼
2024 · €49.6m
Debt > 1 year
€128.2m▲
2024 · €90.2m
Income taxes
€16,576▼
2024 · €642,015
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €7,922 | €7.2m | €0 | - | €16,670 | - |
| Other operating income74 | €7,922 | €7.2m | €0 | - | €16,670 | - |
| Operating charges60/66A | €546,543 | €1.2m | €227,087 | €283,850 | €587,206 | ▲ 107% |
| Services and other goods61 | €545,825 | €1.2m | €202,840 | €282,882 | €214,016 | ▼ 24.3% |
| Other operating charges640/8 | €718 | €0 | €24,248 | €968 | €373,190 | ▲ 38,472% |
| Operating profit (loss)9901 | -€538,621 | €6.0m | -€227,087 | -€283,850 | -€570,536 | ▼ 101% |
| Financial income75/76B | €6.2m | €6.4m | €10.3m | €11.5m | €10.0m | ▼ 12.5% |
| Recurring financial income75 | €6.2m | €6.4m | €10.3m | €11.5m | €10.0m | ▼ 12.5% |
| Income from financial fixed assets750 | €4.7m | €5.1m | €9.3m | €9.7m | €8.4m | ▼ 13.6% |
| Income from current assets751 | - | €1,812 | €7,352 | €18,051 | €26,158 | ▲ 44.9% |
| Other financial income752/9 | €1.5m | €1.3m | €1.1m | €1.7m | €1.6m | ▼ 7.2% |
| Financial charges65/66B | €6.6m | €13.3m | €12.5m | €10.3m | €11.9m | ▲ 14.9% |
| Recurring financial charges65 | €6.6m | €13.3m | €12.5m | €10.3m | €11.9m | ▲ 14.9% |
| Debt charges650 | €5.3m | €9.8m | €10.5m | €9.9m | €8.3m | ▼ 15.8% |
| Other financial charges652/9 | €1.3m | €3.6m | €2.1m | €442,888 | €3.5m | ▲ 701% |
| Profit (loss) for the period before taxes9903 | -€907,715 | -€918,677 | -€2.4m | €848,485 | -€2.4m | ▼ 385% |
| Income taxes67/77 | - | €543 | €68,048 | €642,015 | €16,576 | ▼ 97.4% |
| Taxes670/3 | - | €544 | €68,048 | €710,064 | €17,120 | ▼ 97.6% |
| Tax adjustments and reversals of tax provisions77 | - | €0 | €0 | €68,049 | €544 | ▼ 99.2% |
| Profit (loss) for the period9904 | -€907,715 | -€919,220 | -€2.5m | €206,470 | -€2.4m | ▼ 1,277% |
| Profit (loss) for the period to be appropriated9905 | -€907,715 | -€919,220 | -€2.5m | €206,470 | -€2.4m | ▼ 1,277% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €68.4m | €101.4m | €111.0m | €137.7m | €150.0m | ▲ 8.9% |
| Fixed assets21/28 | €53.4m | €86.3m | €85.3m | €87.3m | €131.9m | ▲ 51.1% |
| Financial fixed assets28 | €53.4m | €86.3m | €85.3m | €87.3m | €131.9m | ▲ 51.1% |
| Affiliated companies280/1 | €53.4m | €86.3m | €85.3m | €87.3m | €131.9m | ▲ 51.1% |
| Amounts receivable281 | €53.4m | €86.3m | €85.3m | €87.3m | €131.9m | ▲ 51.1% |
| Current assets29/58 | €15.0m | €15.2m | €25.7m | €50.4m | €18.1m | ▼ 64.1% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €10.2m | €14.4m | €15.8m | €30.6m | €14.1m | ▼ 53.8% |
| Trade receivables40 | €1.4m | €8.0m | €0 | €6.6m | €749,170 | ▼ 88.6% |
| Other amounts receivable41 | €8.8m | €6.4m | €15.8m | €24.0m | €13.4m | ▼ 44.3% |
| Cash at bank and in hand54/58 | €49,135 | €697,697 | €673,937 | €407,329 | €2.1m | ▲ 423% |
| Deferred charges and accrued income490/1 | €4.7m | €8,163 | €9.3m | €19.4m | €1.8m | ▼ 90.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €68.4m | €101.4m | €111.0m | €137.7m | €150.0m | ▲ 8.9% |
| Equity10/15 | -€907,615 | -€1.8m | -€4.3m | -€4.1m | -€6.5m | ▼ 59.4% |
| Contributions10/11 | €100 | €100 | €100 | €100 | €100 | = |
| Profit (loss) carried forward14 | -€907,715 | -€1.8m | -€4.3m | -€4.1m | -€6.5m | ▼ 59.4% |
| Amounts payable17/49 | €69.3m | €103.3m | €115.3m | €141.8m | €156.5m | ▲ 10.4% |
| Amounts payable after more than one year17 | €61.3m | €89.0m | €89.0m | €90.2m | €128.2m | ▲ 42.1% |
| Financial debts170/4 | €61.3m | €89.0m | €89.0m | €90.2m | €128.2m | ▲ 42.1% |
| Credit institutions173 | - | €80.3m | €80.3m | €83.3m | €128.2m | ▲ 53.9% |
| Other loans174 | €61.3m | €8.7m | €8.7m | €6.9m | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €7.8m | €14.1m | €23.8m | €49.6m | €27.3m | ▼ 44.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €3.7m | - |
| Financial debts43 | - | €4.7m | €6.0m | €4.5m | €3.8m | ▼ 16.3% |
| Credit institutions430/8 | - | €4.7m | €6.0m | €4.5m | €3.8m | ▼ 16.3% |
| Trade debts44 | €25,590 | €355,426 | €65,363 | €6.2m | €189,303 | ▼ 97.0% |
| Suppliers440/4 | €25,590 | €355,426 | €65,363 | €6.2m | €189,303 | ▼ 97.0% |
| Taxes, remuneration and social security45 | - | - | €65,843 | €704,806 | €959,685 | ▲ 36.2% |
| Taxes450/3 | - | - | €65,843 | €704,806 | €959,685 | ▲ 36.2% |
| Other amounts payable47/48 | €7.8m | €9.0m | €17.7m | €38.2m | €18.7m | ▼ 51.0% |
| Accrued charges and deferred income492/3 | €162,928 | €173,937 | €2.5m | €2.0m | €1.0m | ▼ 47.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€907,715 | -€919,220 | -€2.5m | €206,470 | -€2.4m | ▼ 1,277% |
| Operating cash flow (approximation) | -€907,715 | -€919,220 | -€2.5m | €206,470 | -€2.4m | ▼ 1,277% |
| Investment in fixed assets (approximation) | - | -€32.9m | €979,093 | -€2.0m | -€44.6m | ▼ 2,150% |
| Change in cash | - | €648,561 | -€23,760 | -€266,607 | €1.7m | ▲ 747% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €206,470
Net result €206,470 after 3 loss-making years.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet -€2.5m
Net result drops to -€2.5m, the lowest in the series; recovery starts the following year.
04-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 4 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are 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, Brussel · 1 establishment unit since 2020
Ground area
3,384 m²
Building footprint
2,779 m²
Volume, LiDAR
47,299 m³
Parcel 21807G0172/00G000, Brussels · tallest building 31.7 m, ±8 floors. Linked by address, not a title deed.
74
companies at this address
See who is registered here
1 establishment unit
Magic Finco
since 20202.314.274.401
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0172/00G000 | Brussels | 3,384 m² | 1 · 2,779 m² | 31.7 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- Magic Midco
- Magic Parentco
- Magic Bidco
- Magic Finco
Highest known parent: Magic Midco. The sources do not say who stands above it.
Owners 1
- Magic Bidcoparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
699400H4GYUYEC3K2362
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Identification & contact
Identification
Legal formPrivate limited company
Founded10-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
64210Activities of holding companies
64310Financial service activities, except insurance and pension funding
E-invoicing
Reachable via Peppol
Peppol ID
0208:0750528293
Also
9925:BE0750528293
Registered
24-07-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.