magiCo
ActivemagiCo has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €109k and a net result of €6k. Its solvency ranks better than 63% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▼-5
Solvency73▲+9
Growth35
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.63 against 0.52 in 2023; short-term debt: 19.9% and cash: 3.8% of total assets), and 51.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
48.1%
Return on assets
2.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
40 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€177k▼ 13.7%
2023 · €205k
2023: €205k
2023 → 2024
EBIT margin
12.9%▼ 4.6pp
2023 · 17.5%
2023: 17.5%
2023 → 2024
Net result
€6k▼ 70.8%
2023 · €21k
2023: €21k
2023 → 2024
Working capital
€-17k▲ 37.4%
2023 · €-27k
2023: €-27k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Turnover€205k-€177k▼ 13.7%
Equity€103k-€109k▲ 6.0%
Operating result€36k-€23k▼ 36.5%
Net result€21k-€6k▼ 70.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 37% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €227k
Fixed assets
€198k▼ 15.1%
Current assets
€28k▼ 0.3%
Equity and liabilities €227k
Equity
€109k▲ 6.0%
Debt
€118k▼ 26.4%
The debt ratio falls from 60.9% to 51.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59k▼
2023 · €69k
Cash flow
€42k▼
2023 · €55k
Solvency
48.1%▲
2023 · 39.1%
Current ratio
0.63▲
2023 · 0.52
Quick ratio
0.63▲
2023 · 0.52
Debt / equity
1.08▼
2023 · 1.55
ROE
5.7%▼
2023 · 20.7%
ROA
2.7%▼
2023 · 8.1%
Interest coverage
7.78▼
2023 · 9.68
Debt
€118k▼
2023 · €160k
Debt ≤ 1 year
€45k▼
2023 · €55k
Debt > 1 year
€73k▼
2023 · €105k
Income taxes
€9k▲
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€263k€227k▼
Formation expenses20€1k€585▼
Fixed assets21/28€233k€198k▼
Tangible fixed assets22/27€233k€198k▼
Plant, machinery and equipment23€180k€159k▼
Furniture and vehicles24€53k€39k▼
Current assets29/58€29k€28k▼
Amounts receivable within one year40/41€13k€16k▲
Trade receivables40€11k€11k▲
Other amounts receivable41€2k€5k▲
Cash at bank and in hand54/58€16k€9k▼
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€263k€227k▼
Equity10/15€103k€109k▲
Contributions10/11€9k€9k=
Reserves13€94k€100k▲
Distributable reserves133€94k€100k▲
Amounts payable17/49€160k€118k▼
Amounts payable after more than one year17€105k€73k▼
Financial debts170/4€105k€73k▼
Amounts payable within one year42/48€55k€45k▼
Financial debts43€54k€39k▼
Credit institutions430/8€54k€37k▼
Other loans439-€2k
Trade debts44€1k€6k▲
Suppliers440/4€1k€6k▲
Income statement
Code20232024
Turnover70€205k€177k▼
Goods, raw materials, services and sundry goods60/61€133k€117k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€36k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€72k€60k▼
Operating profit (loss)9901€36k€23k▼
Financial income75/76B€18€8▼
Recurring financial income75€18€8▼
Financial charges65/66B€7k€8k▲
Recurring financial charges65€7k€8k▲
Profit (loss) for the period before taxes9903€29k€15k▼
Income taxes67/77€7k€9k▲
Profit (loss) for the period9904€21k€6k▼
Profit (loss) for the period to be appropriated9905€21k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€6k▼
Transfer to equity691/2€21k€6k▼
To other reserves6921€21k€6k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
Directors · office · real estate
Directors
2 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, Riemst · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Visésteenweg 2033770 RiemstGround area
642 m²
Building footprint
212 m²
Volume, LiDAR
1,241 m³
Parcel 73102C0523/00X000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
magiCo
since 20112.209.217.956
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73102C0523/00X000 | Flanders | 642 m² | 1 · 212 m² | 10.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Copimo
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THE NIGHT-STORE II
BE 0876.521.494
Beringen · Eq €109k
DE RUGSHOP
BE 0808.369.987
Diest · Eq €109k
HORIZON 7
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Beersel · Eq €109k
Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 1,330 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-07-2011
Fiscal year end31-12
Activities, NACEBEL
47551Retail sale of household furniture
47591Retail trade
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.