MAGICSTREET
ActiveMAGICSTREET has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17k and a net result of €7k. Equity is shrinking by ~20.8% per year across the filed fiscal years. Its solvency ranks better than 21% of 1973 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+74
Solvency34=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.43 against 0.96 in 2024; short-term debt: 63.9% and cash: 49.8% of total assets), and 90.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
9.1%
Return on assets
4.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 1973 sector peers (2025).
NBB · sector comparisonPosition among 1973 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 6 filingsDeviation from the deadline
2025
25 d late
2024
25 d late
2023
26 d late
2022
25 d late
2021
1 d early
2020
31 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€17k▲ 81.3%
2024 · €9k
2020: €24k
2021: €45k
2022: €35k
2023: €63k
2024: €9k
2020 → 2025
Total assets
€184k▲ 78.1%
2024 · €103k
2020: €49k
2021: €121k
2022: €123k
2023: €159k
2024: €103k
2020 → 2025
Net result
€7k
2024 · €-54k
2020: €22k
2021: €22k
2022: €-9k
2023: €28k
2024: €-54k
2020 → 2025
Working capital
€50k
2024 · €-3k
2020: €17k
2021: €33k
2022: €17k
2023: €48k
2024: €-3k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€45k-€35k▼ 20.8%€63k▲ 78.9%€9k▼ 85.5%€17k▲ 81.3%
Operating result€25k-€-9k€33k€-53k€8k
Net result€22k-€-9k€28k€-54k€7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €8k after a loss of €53k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €184k
Fixed assets
€16k▲ 21.9%
Current assets
€168k▲ 86.4%
Equity and liabilities €184k
Equity
€17k▲ 81.3%
Debt
€167k▲ 77.8%
The debt ratio falls from 91.1% to 90.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16k▲
2024 · €-46k
Cash flow
€15k▲
2024 · €-47k
Solvency
9.1%▲
2024 · 8.9%
Current ratio
1.43▲
2024 · 0.96
Quick ratio
1.43▲
2024 · 0.91
Debt / equity
10.02▼
2024 · 10.22
ROE
44.9%▲
2024 · -589.9%
ROA
4.1%▲
2024 · -52.6%
Interest coverage
19.05▲
2024 · -28.11
Debt
€167k▲
2024 · €94k
Debt ≤ 1 year
€117k▲
2024 · €93k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€103k€184k▲
Fixed assets21/28€13k€16k▲
Intangible fixed assets21€4k€3k▼
Tangible fixed assets22/27€9k€13k▲
Plant, machinery and equipment23€7k€11k▲
Furniture and vehicles24€2k€2k▼
Current assets29/58€90k€168k▲
Stocks and contracts in progress3€5k-
Stocks30/36€5k-
Amounts receivable within one year40/41€49k€58k▲
Trade receivables40€42k€58k▲
Other amounts receivable41€7k-
Cash at bank and in hand54/58€36k€92k▲
Deferred charges and accrued income490/1€788€18k▲
Equity and liabilities
Total equity and liabilities10/49€103k€184k▲
Equity10/15€9k€17k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€6k€14k▲
Amounts payable17/49€94k€167k▲
Amounts payable within one year42/48€93k€117k▲
Trade debts44€19k€21k▲
Suppliers440/4€19k€21k▲
Taxes, remuneration and social security45€225€4k▲
Taxes450/3€225€4k▲
Other amounts payable47/48€74k€92k▲
Accrued charges and deferred income492/3€610€50k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€432-
Other operating charges640/8€387€400▲
Gross operating margin9900€-45k€16k▲
Operating profit (loss)9901€-53k€8k▲
Financial income75/76B€4-
Recurring financial income75€4-
Financial charges65/66B€2k€819▼
Recurring financial charges65€2k€819▼
Profit (loss) for the period before taxes9903€-54k€7k▲
Profit (loss) for the period9904€-54k€7k▲
Profit (loss) for the period to be appropriated9905€-54k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€14k▲
Profit (loss) brought forward from the previous period14P€60k€6k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Weakest financial yearnet €-54k ▼294%
Net result drops to €-54k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Vorst · 1 establishment unit since 2020
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.
Brugmannlaan 1291190 VorstGround area
280 m²
Building footprint
137 m²
Volume, LiDAR
2,200 m³
Parcel 21383B0082/00L006, Brussels · tallest building 20.4 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
MAGICSTREET
since 20202.300.552.067
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21383B0082/00L006 | Brussels | 280 m² | 1 · 137 m² | 20.4 m · 6 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.
Public money · subsidies and aid
Wallonia-Brussels Federation
2024 · 1 entry · 568 EUR in total| Year | Entries | paid |
|---|---|---|
| 2024 | 1 | 568 EUR |
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Of 3,394 companies in sector 90393 we hold annual accounts for 938. 583 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-02-2020
Fiscal year end31-12
Activities, NACEBEL
90393Specialised image, lighting and sound technical services
90031Arts creation and performing arts activities
90111Literary creation
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.