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magiCo

Active Private limited companyfounded 2011active for 15 yearsVisésteenweg 203, 3770 RiemstKBO/BCE: BE 0838.019.820

Lifetime

3 annual accounts with figures on one time axis
peak €205,152 (2023)
€169,571▼ 4.2%
peak €21,307 (2023)
€2,512▼ 59.7%
peak €111,739 (2025)
€111,739▲ 2.3%
€86,933▼ 26.3%
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
09-06-202652 days before the deadline
2025micro format
Gross margin from €60,116 to €49,212Result from €6,229 to €2,512Debts from €117,939 to €86,933

Key points

from the 2025 annual accounts

Equity

€111,739 ▲ 2.3%

magiCo has made a profit in every financial year since 2023.

Filings

3 annual accounts since 2023
AprilJune31 JulyOctober202320242025

The last three annual accounts were filed 40 to 52 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 10,902 companies had the same profile as magiCo has now. Each dot stands for 28 companies, two years later.

95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 10,902 companies, not a prediction for magiCo. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0838019820
Appointments: (director) and (director) “De aan- en verkoop,de in- en uitvoer,de klein-en groothandel,het vervaardigen,plaatsen en herstellen van…” (deed in Dutch) · General meeting of 04-12-2023 · Gazette deed
Incorporation published on 25-07-2011 · Gazette deed
First establishment Visésteenweg 203, Riemst
All 8 events

Comparable companies

same main activity, similar in size and age
Company
magiCo Riemst €198,672 €49,212 56.2% -
ND3 Brussels €173,835 €50,664 28.2% -
OZ TAN Sint-Niklaas €169,531 €41,654 63.0% -
GREAT LIVING Lanaken €184,529 €36,404 36.0% -
Seat and More Lommel €154,967 €53,158 -15.7% -
ZECCTWO Enghien €232,531 €60,052 46.7% -
BIRGUTE Grez-Doiceau €155,040 €47,675 10.7% -

These companies have the same main activity as magiCo: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €155,000 and €233,000, founded between 2009 and 2015.

Official details

Source: KBO
Status
Active since 20-07-2011Normal situation
Activity
Retail sale of household furnitureNACE 47551and 2 others
Establishment unit
2.209.217.9563770 Riemst, since 20-07-2011
Financial year end
31 December
Peppol
Reachable since 31-10-2025
Company details

Annual accounts 2025

€198,672▼ 12.5%
Filing
Filed on 09-06-2026, 52 days before the end of the filing period
Financials

Insights on magiCo

Solvency rose in 2025 from 48.1% to 56.2% because of the retained profit and lower debts.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about magiCo

What is the company number of magiCo?
The company number of magiCo is 0838.019.820. The VAT number is the same number with BE in front: BE 0838.019.820.
Where is magiCo based?
The registered office is at Visésteenweg 203, 3770 Riemst.Company details
What does magiCo do?
According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
What is the legal form of magiCo?
magiCo is a private limited company (BV).
When was magiCo founded?
magiCo was founded on 20-07-2011.
Is magiCo still active?
Yes, magiCo is an active enterprise in the KBO register.
What is the turnover of magiCo?
The turnover of magiCo was €169,571 in financial year 2025, according to the filed annual accounts.Financials
Is magiCo profitable?
In financial year 2025, magiCo made a profit of €2,512.
Where can I find the annual accounts of magiCo?
magiCo filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of magiCo due?
magiCo must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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