Skip to content

Magics Technologies

Active
Public limited companyfounded 201511 yrs activeCipalstraat 3, 2440 Geel, BelgiumKBO/BCE: BE 0634.891.526
Summary

The annual accounts of Magics Technologies for fiscal year 2025 show a net loss of 76% of the equity at the start of that year. The 2025 annual accounts show equity of €11.1m and a net result of -€3.0m. Equity is growing by ~25% per year across the filed fiscal years. Its solvency ranks better than 68% of 217 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

What they do
Other research and development on natural sciences
NACE 72109Engineering and related technical consultancy, excluding land surveyors NACE 71121NACE 72190
#2 employer in Geel, Professional and technical services sector1 site
How big
€14.8mtotal assets 2025
Staff
38.8 FTE
Equity
€11.1m
Loss
-€3.0m
Net result -82%: other schema
Financially healthy?
59 Fair Checked score 2025
Bankruptcy chance 12 m
0.3%
Who decides
Largest shareholder
INVEST FOR JOBS · 20.21%
Board
15 members
Holdings
1
Auditor: Baker Tilly BedrijfsrevisorenAccounts 16 d early
Why 59+ Lower-failure-rate sector+ Lower-risk legal form+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2025
59 / 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-1
Solvency100▲+40
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €650,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.14 against 1.33 in 2024; short-term debt: 21.6% and cash: 16.9% of total assets), and 25.5% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Scientific research and development (NACE 72)
about 30% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
74.5%
Return on assets
-20.3%
Age of the figures
9 mo
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 15-07-2026, 16 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
16 d early
2024
21 d early
2023
12 d late
2022
48 d early
2021
11 d early
2020
15 d early
2019
8 d early
← 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 15 days before the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% of the sector filed late.

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. Usually files around 15 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Weakest financial yearnet -€3.0m
  3. Equity above €10mEq €11.1m ▲178%

Key points

  • Risk: 5 loss-making years in a rowloss fiscal year 2025 -€3.0m View
  • Caution: Result fell in 2025different schema filed ▼ 82.5% View
  • Caution: Among the weakest 11% on net resultsector median €5,022 · 216 companies -€3.0m View
  • EU research moneyEU contribution €2.6m View

By topic

Financials

Fiscal year
2025
Total assets
€14.8m
Loss
-€3.0m
Solvency
74.5%
Total assets▲ 29.0%
Net result
20182025
Go to Financials

Board & ownership

Board
15 members
Largest shareholder
INVEST FOR JOBS · 20.21%
Auditor
Baker Tilly Bedrijfsrevisoren
Go to Board & ownership

Timeline

Events
32
Since
2015
Next accounts
by 31-07-2027
  1. 15-07-2026Annual accounts filed
  2. 31-12-2025Weakest financial year
  3. 31-12-2025Equity above €10m
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other research and development on natural sciencesNACE 72109
Founded
04-08-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
Onderzoek, studie, ontwerp, ontwikkeling, dienstverlening en commercialisering van…
Go to Articles of association

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.