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MAGIC THULIN-FRAMERIES

Active
Non-profit associationfounded 2012active for 14 yearsRue Elie Bélenger(TH) 74, 7350 Hensies, BelgiumKBO/BCE: BE 0846.378.448
Summary

MAGIC THULIN-FRAMERIES has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21,720 and a net result of €5,623. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 93% of 2,844 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
MAGIC THULIN-FRAMERIESActiveChecked score 98/100
Risk analysis ReportCompare

Overview

Activity
Operation of sports facilities
NACE 93110
Size
€19,100turnover 2025
Equity
€21,720
Surplus
€5,623
Financial health
98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts 36 days early0 of 3 deeds read
Why 98raises riskSize: turnover €19,100, total assets €24,687lowers riskLegal form: non-profit associationLiquidity: current ratio 8.39, cash €18,683Equity €21,720 (88.0% of total assets)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 84% of its sector peers (NACE 93, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 88.0% of total assets
Liquidity 99+7
short-term debt 11.9% · cash 75.7%
Profitability 94+45
return on assets 22.8%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (4,255 companies, NACE 93, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity ample (current ratio 8.39, compared with 4.46 in 2024, above the usual 1.5; short-term debt: 11.9% and cash: 75.7% of total assets), and 12% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 93, micro): better than 92% on solvency, 95% on liquidity, 84% on profitability and 67% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 8.39, cash €18,683
NBB · annual accounts
lowers risk · Equity €21,720 (88.0% of total assets)
NBB · annual accounts
raises risk · Size: turnover €19,100, total assets €24,687
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
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 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 days early
2024
9 days early
2023
30 days late
2022
29 days late
2021
82 days late
2020
96 days late
2019
42 days 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 33 days after the deadline; the sector median (NACE 93) for financial year 2024 is 1 day before the deadline, and 42% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 filed years within 53 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Positive: Among the best 8% on solvencysector median 27.9% · 2,844 companies 88.0% View
  • Positive: 6 profitable years in a rowprofit 2025: €5,623 6 years View
  • Turnover 20256 financial years filed €19,100 View

By topic

Financials

Financial year
2025
Turnover
€19,100
Profit
€5,623
Solvency
88.0%
Turnover▲ 4.4%
Net result
20182025
Go to Financials

Timeline

Events
17
Since
2014
Next accounts
by 31-07-2027
  1. 29-08-2023Annual accounts filed
  2. 31-12-2022Liquidity more than 12 times
  3. 21-10-2022Annual accounts filed
Go to Timeline

Company details

Legal form
Non-profit association
Activity
Operation of sports facilitiesNACE 93110
Founded
30-05-2012
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about MAGIC THULIN-FRAMERIES

What is the company number of MAGIC THULIN-FRAMERIES?
0846.378.448. In Belgium the VAT number is the company number with BE in front: BE 0846.378.448.
Where is MAGIC THULIN-FRAMERIES based?
The registered office is at Rue Elie Bélenger(TH) 74, 7350 Hensies.Company details
What does MAGIC THULIN-FRAMERIES do?
According to the KBO register, the main activity is operation of sports facilities (NACE 93110).
What is the legal form of MAGIC THULIN-FRAMERIES?
Non-profit association (VZW).
When was MAGIC THULIN-FRAMERIES founded?
On 30-05-2012.
Is MAGIC THULIN-FRAMERIES still active?
Yes, MAGIC THULIN-FRAMERIES is an active enterprise in the KBO register.
What is the turnover of MAGIC THULIN-FRAMERIES?
€19,100 in financial year 2025, according to the filed annual accounts.Financials
Is MAGIC THULIN-FRAMERIES profitable?
In financial year 2025, MAGIC THULIN-FRAMERIES made a profit of €5,623.
Where can I find the annual accounts of MAGIC THULIN-FRAMERIES?
MAGIC THULIN-FRAMERIES filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MAGIC THULIN-FRAMERIES due?
By 31-07-2027, for financial year 2026.Timeline

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