MAGIC MEMO
ActiveSummary
MAGIC MEMO has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €235,294 and a net result of €9,994. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 74% of 162 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▲+49
Solvency100=
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity tight (current ratio 1.44 against 0.09 in 2024; short-term debt: 5.1% and cash: 6% of total assets), and 20.6% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 60
Relative position
BE, all sectors
reference
Programming, broadcasting, news agency and other content distribution activities (NACE 60)
about 22% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
79.4%
Return on assets
3.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
61 d late
2022
30 d late
2021
31 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 35 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% 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 31 August (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
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
In the rankings
#6 company by equity in East Flanders, Programming and broadcasting sector#10 company by total assets in East Flanders, Programming and broadcasting sector
Equity
€235,294▲ 4.4%
2024 · €225,300
Total assets
€296,407▲ 3.1%
2024 · €287,581
Net result
€9,994
2024 · -€11,206
Working capital
€6,615
2024 · -€12,241
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 60, Programming, broadcasting, news agency and other content distribution 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-€1,420€2,040€816▼ 60.0%-€8,095€14,287
Net result-€1,868below the sector's middle half€1,472within the sector's middle half€330within the sector's middle half▼ 77.6%-€11,206below the sector's middle half€9,994within the sector's middle half
Equity€234,704above the sector's middle half▼ 0.8%€236,176above the sector's middle half▲ 0.6%€236,506above the sector's middle half▲ 0.1%€225,300above the sector's middle half▼ 4.7%€235,294above the sector's middle half▲ 4.4%
Total assets€274,513above the sector's middle half▼ 3.0%€276,240above the sector's middle half▲ 0.6%€273,653above the sector's middle half▼ 0.9%€287,581above the sector's middle half▲ 5.1%€296,407above the sector's middle half▲ 3.1%
Debt€39,809▼ 14.4%€40,064▲ 0.6%€37,147▼ 7.3%€62,281▲ 67.7%€61,113▼ 1.9%
Working capital-€14,535below the sector's middle half▼ 43.0%-€26,062below the sector's middle half▼ 79.3%-€23,746below the sector's middle half▲ 8.9%-€12,241below the sector's middle half▲ 48.5%€6,615within the sector's middle half
Solvency85.5%above the sector's middle half▲ 1.9pp85.5%above the sector's middle half=86.4%above the sector's middle half▲ 0.9pp78.3%within the sector's middle half▼ 8.1pp79.4%within the sector's middle half▲ 1.0pp
Current ratio0.08below the sector's middle half▼ 0.200.02below the sector's middle half▼ 0.070.09below the sector's middle half▲ 0.070.09below the sector's middle half▲ 0.011.44within the sector's middle half▲ 1.34
Return on assets (ROA)-0.7%within the sector's middle half▼ 2.0pp0.5%within the sector's middle half▲ 1.2pp0.1%within the sector's middle half▼ 0.4pp-3.9%within the sector's middle half▼ 4.0pp3.4%within the sector's middle half▲ 7.3pp
above
within
below
the middle half (P25 to P75) of NACE 60, Programming, broadcasting, news agency and other content distribution activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €14,287 after a loss of €8,095 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €296,407
Fixed assets
€274,723 ▼ 4.0%
Current assets
€21,684 ▲ 1,598%
Equity and liabilities €296,407
Equity
€235,294 ▲ 4.4%
Debt
€61,113 ▼ 1.9%
Debt's share of the balance-sheet total falls from 21.7% to 20.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€25,868▲
2024 · €3,567
Cash flow
€21,575▲
2024 · €456
Debt to equity
0.26▼
2024 · 0.28
ROE
4.2%▲
2024 · -5.0%
Interest coverage
8.30▲
2024 · 1.21
Debt ≤ 1 year
€15,069▲
2024 · €13,518
Debt > 1 year
€43,000=
2024 · €43,000
Income taxes
€1,176▲
2024 · €174
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 17,027 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,731 | €8,601 | €10,269 | €11,662 | €11,581 | ▼ 0.7% |
| Other operating charges640/8 | €2,459 | €2,731 | €2,574 | €3,886 | €2,252 | ▼ 42.0% |
| Gross operating margin9900 | €10,770 | €13,372 | €13,659 | €7,453 | €28,120 | ▲ 277% |
| Operating profit (loss)9901 | -€1,420 | €2,040 | €816 | -€8,095 | €14,287 | ▲ 276% |
| Financial income75/76B | €4 | - | - | - | - | - |
| Recurring financial income75 | €4 | - | - | - | - | - |
| Financial charges65/66B | €306 | €271 | €322 | €2,937 | €3,117 | ▲ 6.1% |
| Recurring financial charges65 | €306 | €271 | €322 | €2,937 | €3,117 | ▲ 6.1% |
| Profit (loss) for the period before taxes9903 | -€1,722 | €1,769 | €494 | -€11,032 | €11,170 | ▲ 201% |
| Income taxes67/77 | €146 | €297 | €164 | €174 | €1,176 | ▲ 576% |
| Profit (loss) for the period9904 | -€1,868 | €1,472 | €330 | -€11,206 | €9,994 | ▲ 189% |
| Profit (loss) for the period to be appropriated9905 | -€1,868 | €1,472 | €330 | -€11,206 | €9,994 | ▲ 189% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €274,513 | €276,240 | €273,653 | €287,581 | €296,407 | ▲ 3.1% |
| Fixed assets21/28 | €273,189 | €275,788 | €271,341 | €286,304 | €274,723 | ▼ 4.0% |
| Tangible fixed assets22/27 | €273,189 | €275,788 | €271,341 | €286,304 | €274,723 | ▼ 4.0% |
| Land and buildings22 | €273,189 | €275,788 | €271,341 | €286,304 | €274,723 | ▼ 4.0% |
| Current assets29/58 | €1,324 | €452 | €2,312 | €1,277 | €21,684 | ▲ 1,598% |
| Amounts receivable within one year40/41 | €1,234 | - | €843 | €757 | €3,970 | ▲ 424% |
| Trade receivables40 | €1,035 | - | - | - | €3,970 | - |
| Other amounts receivable41 | €199 | - | €843 | €757 | - | - |
| Cash at bank and in hand54/58 | €90 | €452 | €1,469 | €520 | €17,714 | ▲ 3,307% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €274,513 | €276,240 | €273,653 | €287,581 | €296,407 | ▲ 3.1% |
| Equity10/15 | €234,704 | €236,176 | €236,506 | €225,300 | €235,294 | ▲ 4.4% |
| Contributions10/11 | €45,000 | €45,000 | €45,000 | €45,000 | €45,000 | = |
| Revaluation surpluses12 | €14,250 | €14,250 | €14,250 | €14,250 | €14,250 | = |
| Reserves13 | €103,278 | €104,750 | €104,750 | €104,750 | €114,744 | ▲ 9.5% |
| Non-distributable reserves130/1 | €4,500 | €4,500 | €4,500 | €4,500 | €4,500 | = |
| Reserves not available under the articles1311 | €4,500 | €4,500 | €4,500 | €4,500 | €4,500 | = |
| Tax-exempt reserves132 | €33,900 | €33,900 | €33,900 | €33,900 | €33,900 | = |
| Distributable reserves133 | €64,878 | €66,350 | €66,350 | €66,350 | €76,344 | ▲ 15.1% |
| Profit (loss) carried forward14 | €72,176 | €72,176 | €72,506 | €61,300 | €61,300 | = |
| Amounts payable17/49 | €39,809 | €40,064 | €37,147 | €62,281 | €61,113 | ▼ 1.9% |
| Amounts payable after more than one year17 | €19,950 | €8,550 | €6,000 | €43,000 | €43,000 | = |
| Financial debts170/4 | €19,950 | €8,550 | €6,000 | €43,000 | €43,000 | = |
| Amounts payable within one year42/48 | €15,859 | €26,514 | €26,058 | €13,518 | €15,069 | ▲ 11.5% |
| Current portion of amounts payable after more than one year42 | €11,400 | €11,400 | €9,500 | - | - | - |
| Trade debts44 | €831 | €12,455 | €108 | €1,817 | €1,309 | ▼ 28.0% |
| Suppliers440/4 | €831 | €12,455 | €108 | €1,817 | €1,309 | ▼ 28.0% |
| Taxes, remuneration and social security45 | €356 | €1,192 | €410 | €528 | €4,924 | ▲ 833% |
| Taxes450/3 | €356 | €1,192 | €410 | €528 | €4,924 | ▲ 833% |
| Other amounts payable47/48 | €3,272 | €1,467 | €16,040 | €11,173 | €8,836 | ▼ 20.9% |
| Accrued charges and deferred income492/3 | €4,000 | €5,000 | €5,089 | €5,763 | €3,044 | ▼ 47.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,868 | €1,472 | €330 | -€11,206 | €9,994 | ▲ 189% |
| + Depreciation and write-downs630 | €9,731 | €8,601 | €10,269 | €11,662 | €11,581 | ▼ 0.7% |
| Operating cash flow (approximation) | €7,863 | €10,073 | €10,599 | €456 | €21,575 | ▲ 4,631% |
| Investment in fixed assets (approximation) | - | -€11,200 | -€5,822 | -€26,625 | €0 | ▲ 100% |
| Change in cash | - | €362 | €1,017 | -€949 | €17,194 | ▲ 1,912% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €9,994
Net result €9,994 after one loss-making year.
31-12
Financial
Liquidity times 15current ratio 1.44
Current ratio from 0.09 to 1.44.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet -€11,206
Net result drops to -€11,206, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €1,472
Net result €1,472 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €2,449
Net result €2,449 after one loss-making year.
Show earlier events
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Haaltert · 1 establishment unit since 2004
Ground area
1,106 m²
Building footprint
164 m²
Volume, LiDAR
1,213 m³
Parcel 41010B1177/00S002, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MAGIC MEMO
since 20042.138.734.489
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41010B1177/00S002 | Flanders | 1,106 m² | 1 · 164 m² | 11.6 m · 3 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.
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Of 719 companies in sector 60310 we hold annual accounts for 157. 112 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 (pre-2019)
Founded22-07-2004
Fiscal year end31-12
Activities, NACEBEL 2025
60310News agency activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0866475363
Also
9925:BE0866475363
Registered
18-12-2025
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.