MAGIC PRO CONSTRUCT
Dissolution or liquidationOverview
Activity
Activity not known1 site
Size
€129,148total assets 2021
- Equity
- €67,100
- Profit
- €45,280
Financial health
Dissolution or liquidation: no score
Structure
0 of 4 deeds read
Signalsraises riskRegister: dissolution or liquidationAdministrative warnings in the KBO publicationsneutralFiled after the deadlineShow the evidence
Signals
Three signals.
raises riskneutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2021 was due by 31-01-2022 and was filed on 13-04-2022, 72 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
72 days late
2020
40 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 56 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Late accounts filing
- Late accounts filingKBO administration
- Closure of the judicial dissolutionFrench-language Enterprise Court of Brussels…
- Judicial dissolution, liquidator appointedFrench-language Enterprise Court of Brussels…
Financials · financial year 2021, micro format
Turnover
€810,277
EBIT margin
2.7%
Net result
€45,280▲ 190%
2020 · €15,621
Working capital
€58,847
2020 · -€2,008
Trend over the years
2020 to 2021, 2 financial years
The operating result rises in 2021; 2021 is 186% above 2020.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€63,406
2021
Net result€45,280
2021
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€129,148
2021
Equity€67,100
2021
Debt€62,047
2021
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€58,847
2021
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20202021
Turnover€810,277-
Operating result€22,140-€63,406▲ 186%
Net result€15,621-€45,280▲ 190%
EBIT margin2.7%-
Equity€21,821-€67,100▲ 208%
Total assets€240,065-€129,148▼ 46.2%
Debt€218,245-€62,047▼ 71.6%
Working capital-€2,008-€58,847
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €129,148
Fixed assets
€23,306 ▼ 47.1%
Current assets
€105,842 ▼ 46.0%
Equity and liabilities €129,148
Equity
€67,100 ▲ 208%
Debt
€62,047 ▼ 71.6%
Debt's share of the balance-sheet total falls from 90.9% to 48.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€79,605▲
2020 · €45,351
Cash flow
€61,479▲
2020 · €38,832
Current ratio
2.25▲
2020 · 0.99
Debt to equity
0.92▼
2020 · 0.93
ROE
67.5%▼
2020 · 71.6%
ROA
35.1%▲
2020 · 6.5%
Interest coverage
over 100
Debt ≤ 1 year
€46,994▼
2020 · €197,995
Debt > 1 year
€15,053▼
2020 · €20,250
Income taxes
€17,580▲
2020 · €5,831
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Turnover70 | €810,277 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,211 | €16,199 | ▼ 30.2% |
| Other operating charges640/8 | - | €4,274 | - |
| Gross operating margin9900 | €48,825 | €83,879 | ▲ 71.8% |
| Operating profit (loss)9901 | €22,140 | €63,406 | ▲ 186% |
| Financial charges65/66B | - | €546 | - |
| Recurring financial charges65 | €688 | €546 | ▼ 20.6% |
| Profit (loss) for the period before taxes9903 | €21,452 | €62,860 | ▲ 193% |
| Income taxes67/77 | €5,831 | €17,580 | ▲ 201% |
| Profit (loss) for the period9904 | €15,621 | €45,280 | ▲ 190% |
| Profit (loss) for the period to be appropriated9905 | €15,621 | €45,280 | ▲ 190% |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €240,065 | €129,148 | ▼ 46.2% |
| Fixed assets21/28 | €44,079 | €23,306 | ▼ 47.1% |
| Tangible fixed assets22/27 | €44,079 | €23,306 | ▼ 47.1% |
| Furniture and vehicles24 | - | €23,306 | - |
| Current assets29/58 | €195,987 | €105,842 | ▼ 46.0% |
| Amounts receivable within one year40/41 | €182,561 | €88,968 | ▼ 51.3% |
| Trade receivables40 | - | €43,533 | - |
| Other amounts receivable41 | - | €45,435 | - |
| Cash at bank and in hand54/58 | €13,426 | €16,873 | ▲ 25.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €240,065 | €129,148 | ▼ 46.2% |
| Equity10/15 | €21,821 | €67,100 | ▲ 208% |
| Contributions10/11 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | - |
| Reserves not available under the articles1311 | - | €1,860 | - |
| Profit (loss) carried forward14 | €13,761 | €59,040 | ▲ 329% |
| Amounts payable17/49 | €218,245 | €62,047 | ▼ 71.6% |
| Amounts payable after more than one year17 | €20,250 | €15,053 | ▼ 25.7% |
| Financial debts170/4 | - | €15,053 | - |
| Amounts payable within one year42/48 | €197,995 | €46,994 | ▼ 76.3% |
| Trade debts44 | €195,964 | €33,656 | ▼ 82.8% |
| Suppliers440/4 | - | €26,914 | - |
| Bills of exchange payable441 | - | €6,742 | - |
| Taxes, remuneration and social security45 | - | €13,338 | - |
| Taxes450/3 | - | €13,338 | - |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €15,621 | €45,280 | ▲ 190% |
| + Depreciation and write-downs630 | €23,211 | €16,199 | ▼ 30.2% |
| Operating cash flow (approximation) | €38,832 | €61,479 | ▲ 58.3% |
| Investment in fixed assets (approximation) | - | €4,574 | - |
| Change in cash | - | €3,448 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Public contracts: not fully processed yet. The notices from August 2024 to September 2026 are still being read.
Directors
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the directors and other office holders in the KBO →
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2026
03-04
KBO administration
Late accounts filing
2025
10-10
Bankruptcy
Closure of the judicial dissolution
French-language Enterprise Court of Brussels · judgment of 02-10-2025
2023
05-10
Bankruptcy
Judicial dissolution, liquidator appointed
French-language Enterprise Court of Brussels · liquidator: G. Pirard · judgment of 21-09-2023
2022
13-04
NBB filing
Annual accounts filed
financial year 2021 · micro format · 72 days late
2021
30-06
Financial
Liquidity more than doublescurrent ratio 2.25
Current ratio from 0.99 to 2.25; short-term debt falls from €197,995 to €46,994.
12-03
NBB filing
Annual accounts filed
financial year 2020 · full format · 40 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 4 deeds read
About the unread acts
We know of 4 Belgian Official 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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Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded13-03-2019
Financial year end30-06
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 11 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Ganshoren · 1 establishment unit since 2019
Ground area
1.3 ha
Building footprint
1,416 m²
Building volume
38,171 m³
2 parcels, Brussels · tallest building 40.5 m. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
MAGIC PRO CONSTRUCT
since 2019unit no. 2.289.199.010
2 parcels
Brussels
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21008A0223/00S003 | Brussels | 7,506 m² | 1 · 310 m² | 40.5 m · 12 |
| 21392A0068/00R006 | Brussels | 5,273 m² | 1 · 1,106 m² | 27.5 m · 8 |
How the parcels are linked
Good to know
Both parcels match the address exactly.