MAGIC VIDEO
ActiveSummary
MAGIC VIDEO has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.57M and a net result of €80k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 95% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▲+1
Solvency100=
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 38.54 against 56.27 in 2024; short-term debt: 1.8% and cash: 6.9% of total assets), and 2.8% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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
97.2%
Return on assets
4.9%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €1.57M
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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
20 d late
2024
61 d late
2023
104 d late
2022
130 d late
2021
152 d late
2020
115 d late
2019
84 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, abbreviated schema
Equity
€1.57M▲ 5.4%
2024 · €1.49M
Total assets
€1.62M▲ 6.5%
2024 · €1.52M
Net result
€80k▲ 17.3%
2024 · €68k
Working capital
€1.12M▲ 26.4%
2024 · €883k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-64k▲ 14.4%€-8k▲ 88.2%€25k€50k▲ 101%€85k▲ 71.2%
Net result€-65k▲ 10.8%€-9k▲ 86.2%€31k€68k▲ 118%€80k▲ 17.3%
Equity€1.40M▼ 4.4%€1.39M▼ 0.6%€1.42M▲ 2.2%€1.49M▲ 4.8%€1.57M▲ 5.4%
Total assets€1.43M▼ 4.0%€1.42M▼ 0.7%€1.45M▲ 2.5%€1.52M▲ 4.5%€1.62M▲ 6.5%
Debt€27k▲ 26.0%€25k▼ 4.8%€30k▲ 17.5%€26k▼ 11.3%€45k▲ 70.2%
Working capital€184k▲ 94.3%€352k▲ 91.5%€606k▲ 72.1%€883k▲ 45.6%€1.12M▲ 26.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 71% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.62M
Fixed assets
€469k ▼ 24.1%
Current assets
€1.15M ▲ 27.5%
Equity and liabilities €1.62M
Equity
€1.57M ▲ 5.4%
Debt
€45k ▲ 70.2%
Debt's share of the balance-sheet total rises from 1.7% to 2.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€258k▼
2024 · €258k
Cash flow
€252k▼
2024 · €277k
Current ratio
38.54▼
2024 · 56.27
Debt to equity
0.03▲
2024 · 0.02
ROE
5.1%▲
2024 · 4.6%
ROA
4.9%▲
2024 · 4.5%
Interest coverage
305.46▼
2024 · 522.93
Debt ≤ 1 year
€30k▲
2024 · €16k
Debt > 1 year
€10k=
2024 · €10k
Income taxes
€13k▲
2024 · €1k
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €214k | €233k | €220k | €209k | €173k | ▼ 17.3% |
| Other operating charges640/8 | €8k | €4k | €5k | €5k | €5k | ▲ 2.0% |
| Non-recurring operating charges66A | - | - | - | - | €4k | - |
| Gross operating margin9900 | €159k | €230k | €250k | €263k | €267k | ▲ 1.4% |
| Operating profit (loss)9901 | €-64k | €-8k | €25k | €50k | €85k | ▲ 71.2% |
| Financial income75/76B | €9 | €0 | €8k | €20k | €9k | ▼ 54.4% |
| Recurring financial income75 | €9 | €0 | €8k | €20k | €9k | ▼ 54.4% |
| Financial charges65/66B | €269 | €331 | €491 | €494 | €843 | ▲ 70.7% |
| Recurring financial charges65 | €269 | €331 | €491 | €494 | €843 | ▲ 70.7% |
| Profit (loss) for the period before taxes9903 | €-64k | €-8k | €32k | €69k | €93k | ▲ 35.0% |
| Income taxes67/77 | €1k | €1k | €1k | €1k | €13k | ▲ 1,210% |
| Profit (loss) for the period9904 | €-65k | €-9k | €31k | €68k | €80k | ▲ 17.3% |
| Profit (loss) for the period to be appropriated9905 | €-65k | €-9k | €31k | €68k | €80k | ▲ 17.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.43M | €1.42M | €1.45M | €1.52M | €1.62M | ▲ 6.5% |
| Fixed assets21/28 | €1.22M | €1.05M | €826k | €618k | €469k | ▼ 24.1% |
| Tangible fixed assets22/27 | €1.19M | €1.02M | €795k | €586k | €438k | ▼ 25.4% |
| Land and buildings22 | €806k | €689k | €573k | €458k | €368k | ▼ 19.8% |
| Plant, machinery and equipment23 | €37k | €53k | €25k | €3k | - | - |
| Furniture and vehicles24 | €61k | €48k | €31k | €13k | €1k | ▼ 89.9% |
| Other tangible fixed assets26 | €287k | €225k | €166k | €112k | €69k | ▼ 38.6% |
| Financial fixed assets28 | €31k | €31k | €31k | €31k | €31k | = |
| Current assets29/58 | €204k | €370k | €626k | €899k | €1.15M | ▲ 27.5% |
| Amounts receivable within one year40/41 | €122k | €95k | €73k | €80k | €80k | ▲ 0.8% |
| Trade receivables40 | €52k | €69k | €72k | €73k | €76k | ▲ 3.1% |
| Other amounts receivable41 | €70k | €26k | €1k | €6k | €5k | ▼ 25.5% |
| Current investments50/53 | - | - | - | - | €950k | - |
| Cash at bank and in hand54/58 | €81k | €273k | €550k | €817k | €112k | ▼ 86.3% |
| Deferred charges and accrued income490/1 | €2k | €2k | €2k | €3k | €3k | ▲ 32.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.43M | €1.42M | €1.45M | €1.52M | €1.62M | ▲ 6.5% |
| Equity10/15 | €1.40M | €1.39M | €1.42M | €1.49M | €1.57M | ▲ 5.4% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €1.33M | €1.33M | €1.35M | €1.41M | €1.49M | ▲ 5.7% |
| Non-distributable reserves130/1 | €362k | €362k | €362k | €362k | €362k | = |
| Legal reserve130 | €362k | €362k | €362k | €362k | €362k | = |
| Tax-exempt reserves132 | €19k | €19k | €19k | €19k | €19k | = |
| Distributable reserves133 | €947k | €947k | €967k | €1.03M | €1.11M | ▲ 7.8% |
| Profit (loss) carried forward14 | €11k | €2k | €13k | €16k | €16k | ▼ 1.1% |
| Amounts payable17/49 | €27k | €25k | €30k | €26k | €45k | ▲ 70.2% |
| Amounts payable after more than one year17 | €6k | €6k | €10k | €10k | €10k | = |
| Other amounts payable178/9 | €6k | €6k | €10k | €10k | €10k | = |
| Amounts payable within one year42/48 | €21k | €17k | €19k | €16k | €30k | ▲ 86.2% |
| Trade debts44 | €9k | €3k | €4k | €1k | €5k | ▲ 243% |
| Suppliers440/4 | €9k | €3k | €4k | €1k | €5k | ▲ 243% |
| Taxes, remuneration and social security45 | €10k | €14k | €15k | €13k | €23k | ▲ 80.1% |
| Taxes450/3 | €10k | €14k | €15k | €13k | €23k | ▲ 80.1% |
| Other amounts payable47/48 | €1k | €571 | €42 | €2k | €2k | ▲ 2.8% |
| Accrued charges and deferred income492/3 | - | €2k | - | - | €5k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-65k | €-9k | €31k | €68k | €80k | ▲ 17.3% |
| + Depreciation and write-downs630 | €214k | €233k | €220k | €209k | €173k | ▼ 17.3% |
| Operating cash flow (approximation) | €149k | €224k | €251k | €277k | €252k | ▼ 8.8% |
| Investment in fixed assets (approximation) | - | €-58k | €0 | €0 | €-24k | - |
| Change in cash | - | €192k | €277k | €267k | €-704k | ▼ 364% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 20 days late
2025
31-12
Financial
Highest result since 2019net €80k ▲17.3%
Operating result €85k, net result €80k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
12-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 104 days late
2023
31-12
Financial
Back to profitnet €31k
Net result €31k after 3 loss-making years.
08-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 130 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 21.15
Current ratio from 9.95 to 21.15; short-term debt falls from €21k to €17k.
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 152 days late
2021
23-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 115 days late
2020
31-12
Financial
Weakest financial yearnet €-73k
Net result drops to €-73k, the lowest in the series; recovery starts the following year.
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2018
26-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
18-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
8 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, Herstal · 1 establishment unit since 2000
Ground area
1,920 m²
Building footprint
1,198 m²
Volume, LiDAR
5,172 m³
Parcel 62051C0238/00Y000, Wallonia · tallest building 16.6 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Rue du Crucifix 61, 4040 Herstal
since 20002.096.678.457
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62051C0238/00Y000 | Wallonia | 1,920 m² | 1 · 1,198 m² | 16.6 m · 1 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.
Similar companies · same sector, comparable size
A.C.S. Immobilière
BE 0714.896.532
Houffalize · Eq €1,570,784
Immo Jardinico
BE 0422.921.384
Avelgem · Eq €1,567,852
Miferouti
BE 0818.392.067
Roeselare · Eq €1,566,918
RP-ANDERLUES
BE 1018.380.927
Gembloux · Eq €1,573,514
immo Take
BE 0896.705.810
Lubbeek · Eq €1,564,852
Of 12,041 companies in sector 68203 we hold annual accounts for 5,994. 3,840 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded16-06-2000
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
77399Renting and leasing of other machinery, equipment and tangible goods
Scores and ratios are computed by Checked and are not a credit decision.