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BE 0772.899.166Public limited companyOpen bankruptcy
Magic Loom
Rue Destrée 52 ·6001 Charleroi, Belgium· 4 yrs active
Sector: NACE 59111
(59111)
Conclusion
A bankruptcy procedure is open for Magic Loom according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-50k) and a net result of €-192k.
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €-50k |
| Net result | €-192k |
| Better than sector | 13% |
| Active | 4 yrs |
Snowflake analysis
34
/ 100
Fragile profile — watch health in particular.
Health
0
Profitability
100
Solvency
38
Growth
32
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview
Annual accounts filed on 18-09-2024 with the NBB · fiscal year 2023 · volledig
Sector comparison
Fiscal year 2023 · NACE 59 · compared across all schema types (micro, abbreviated and full combined)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -11.0% | 41.4% | |
| Net result | €-192k | €9k | |
| Equity | €-50k | €22k | |
| Gross operating margin | €-52k | €23k | |
| Total assets | €454k | €65k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€-52k
+56.5%
21–23
€-192k
+24.8%
21–23
€-64k
+53.1%
21–23
€454k
-28.6%
21–23
€-50k
—
21–23
€-41k
—
21–23
€505k
-14.1%
21–23
€132k
-2.1%
21–23
€373k
-17.7%
21–23
0.69
-36.3%
21–23
0.69
-36.3%
21–23
-11.0%
—
21–23
-10.06
—
21–23
382.3%
—
21–23
-42.2%
-5.3%
21–23
-4.46
+39.6%
21–23
Figures by fiscal year
| Fiscal year | 2023 |
|---|---|
| Revenue | — |
| EBITDA | €-52k |
| Net profit | €-192k |
| Cash flow | €-64k |
| Staff costs | — |
| Income taxes | — |
| Dividends | — |
| Total assets | €454k |
| Equity | €-50k |
| Debt | €505k |
| of which ≤ 1y | €132k |
| of which > 1y | €373k |
| Working capital | €-41k |
| Employees (FTE) | — |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 0.69 |
| Quick ratio | 0.69 |
| Working capital ratio | -9.0% |
| Solvency | -11.0% |
| Debt / equity | -10.06 |
| Long-term debt ratio | -7.44 |
| Interest coverage | -4.46 |
| Gross margin | — |
| Net margin | — |
| ROA | -42.2% |
| ROE | 382.3% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €454k |
| Fixed assets | 21/28 | €364k |
| Intangible fixed assets | 21 | €4k |
| Tangible fixed assets | 22/27 | €359k |
| Current assets | 29/58 | €91k |
| Amounts receivable within one year | 40/41 | €25k |
| Cash & bank | 54/58 | €56k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €454k |
| Equity | 10/15 | €-50k |
| Contributions / capital | 10/11 | €560k |
| Accumulated profits (losses) | 14 | €-610k |
| Amounts payable | 17/49 | €505k |
| Amounts payable after one year | 17 | €373k |
| Amounts payable within one year | 42/48 | €132k |
| Trade debts payable within one year | 44 | €52k |
| Income statement | ||
| Gross operating margin | 9900 | €-52k |
| Operating result | 9901 | €-180k |
| Financial charges | 65 | €12k |
| Result before taxes | 9903 | €-192k |
| Net result for the period | 9904 | €-192k |
| Result to be appropriated | 9905 | €-192k |
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | THOMAS VINCART RUE TUMELAIRE 43, 6000 CHAR-
LEROI- .
Date provisoire de cessation de paiement : 05/08/2025 |
05-08-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | 59111 |
| Legal form | Public limited company(014) |
| Incorporation | 26-08-2021 |
| Status | Active |
| Postal code | 6001 |
| First BS signal | 11-08-2025 |
| Latest BS signal | 11-08-2025 |
Company structure — linked entities
Mandates
↔
1
of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units
Magic Loom
since 20212.320.857.335
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52045A0535/00E002 | Wallonia | 1.2 ha | 1 · 4,527 m² | 14.2 m · 3 fl. |
| 21447B0140/00A014 | Brussels | 533 m² | 1 · 315 m² | 19.3 m · 6 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
11-08-2025
Bankruptcy
Opening
2024
18-09-2024
NBB filing
Annual accounts filed
2023
27-12-2023
NBB filing
Annual accounts filed
2022
22-07-2022
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
11-08-2025
Bankruptcy
Opening
Time machine — BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Productie van bioscoopfilms59111Productie van bioscoopfilms59111Productie van televisiefilms59112Productie van televisiefilms59112Productie van films, m.u.v. bioscoop- en televisiefilms59113Productie van video en film, muv bioscoop- en televisiefilms59113
Primary activity highlighted.
Names & trade names
| Legal nameFR | Magic Loom |
Registered office
Rue Destrée 52
6001 Charleroi, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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