MAGICARS
Open bankruptcyAre you a creditor?
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Liège, Liège division
- Declared bankrupt
- 8 December 2025
- Supervising judge
- Michel Beguin
- Official Gazette
- 12-12-2025 (pdf) ↗search the document for 2025/151884
Deadlines
- Appeal or third-party opposition until
- passed on 27 December 2025Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 7 January 2026art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 22 January 2026Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- 8 December 2026A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law
Trustee
- Julien StockmanRue Des Champs, 58, 4020 Liege 2j.stockman@leges.be
What to do now
- Stop delivering on credit unless the trustee agrees.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the trustee's reports appear there.
These deadlines come from the publication of the judgment. Check them in RegSol before you file anything; once a deadline has passed, it is too late for that step.
General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company
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Overview
- Equity
- -€16,773
- Loss
- -€23,209
Signalsraises riskOpen bankruptcyShow the evidence
Signals
Searched, nothing found (1)
- OpeningEnterprise Court of Liège, Liège…
- Annual accounts filedfinancial year 2023 · micro…
- Annual accounts filedfinancial year 2022 · micro…
Financials · financial year 2023, micro format
2023 annual accounts filed late (141 days) Filed on 19 December 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00621599.
2022 to 2023, 2 financial years
The operating result stays negative: a loss of €22,736 in 2023 against €3,457 in 2022; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,042 | €1,619 | ▲ 55.3% |
| Other operating charges640/8 | - | €700 | - |
| Gross operating margin9900 | -€2,415 | -€20,417 | ▼ 745% |
| Operating profit (loss)9901 | -€3,457 | -€22,736 | ▼ 558% |
| Financial income75/76B | - | €7 | - |
| Recurring financial income75 | - | €7 | - |
| Financial charges65/66B | €107 | €480 | ▲ 349% |
| Recurring financial charges65 | €107 | €480 | ▲ 349% |
| Profit (loss) for the period before taxes9903 | -€3,564 | -€23,209 | ▼ 551% |
| Profit (loss) for the period9904 | -€3,564 | -€23,209 | ▼ 551% |
| Profit (loss) for the period to be appropriated9905 | -€3,564 | -€23,209 | ▼ 551% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €10,231 | €19,119 | ▲ 86.9% |
| Fixed assets21/28 | - | €7,381 | - |
| Tangible fixed assets22/27 | - | €7,381 | - |
| Plant, machinery and equipment23 | - | €4,338 | - |
| Furniture and vehicles24 | - | €3,043 | - |
| Current assets29/58 | €10,231 | €11,738 | ▲ 14.7% |
| Stocks and contracts in progress3 | €1,950 | €4,800 | ▲ 146% |
| Stocks30/36 | €1,950 | €4,800 | ▲ 146% |
| Amounts receivable within one year40/41 | €4,050 | €788 | ▼ 80.5% |
| Trade receivables40 | - | €788 | - |
| Other amounts receivable41 | €4,050 | - | - |
| Cash at bank and in hand54/58 | €2,542 | €4,775 | ▲ 87.8% |
| Deferred charges and accrued income490/1 | €1,688 | €1,375 | ▼ 18.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €10,231 | €19,119 | ▲ 86.9% |
| Equity10/15 | €6,436 | -€16,773 | - |
| Contributions10/11 | €10,000 | €10,000 | = |
| Contributions outside capital11 | - | €10,000 | - |
| Other1109/19 | - | €10,000 | - |
| Profit (loss) carried forward14 | -€3,564 | -€26,773 | ▼ 651% |
| Amounts payable17/49 | €3,795 | €35,892 | ▲ 846% |
| Amounts payable within one year42/48 | €2,695 | €33,692 | ▲ 1,150% |
| Trade debts44 | €1,196 | €3,987 | ▲ 233% |
| Suppliers440/4 | €1,196 | €3,987 | ▲ 233% |
| Taxes, remuneration and social security45 | €1,498 | €504 | ▼ 66.4% |
| Taxes450/3 | €1,498 | €504 | ▼ 66.4% |
| Other amounts payable47/48 | - | €29,202 | - |
| Accrued charges and deferred income492/3 | €1,100 | €2,200 | ▲ 100% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€3,564 | -€23,209 | ▼ 551% |
| + Depreciation and write-downs630 | €1,042 | €1,619 | ▲ 55.3% |
| Operating cash flow (approximation) | -€2,522 | -€21,590 | ▼ 756% |
| Change in cash | - | €2,232 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 19-12-2024 | 2024-00621599 |
| 31-12-2022 | micro format | 15-06-2023 | 2023-00128892 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Julien Stockman Rue Des Champs, 58, 4020 Liege 2 |
08-12-2025 → present |
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
About the unread acts
We know of 2 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
Register as of 18 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
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 61078E0304/00L000 | Wallonia | 2,561 m² | 1 · 153 m² | - |
| 91087A0522/00T000 | Wallonia | 481 m² | 1 · 64 m² | - |