MAGICWORLDS
ActiveSummary
MAGICWORLDS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-50k) and a net result of €27k. Equity is shrinking by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 9% of 7058 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability98▲+98
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.88 against 0.26 in 2024; short-term debt: 101% and cash: 35.1% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-42.2%
Return on assets
23.2%
Age of the figures
15 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 7058 sector peers (2025).
NBB · sector comparisonPosition among 7058 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 13-04-2026, 72 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 · 10 filingsDeviation from the deadline
2025
72 d late
2024
124 d late
2023
19 d early
2022
on the day
2021
3 d early
2020
85 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-50k▲ 35.4%
2024 · €-77k
2019: €-23khighest in 7 years
2020: €-40k▼ -70.0% vs 2019
2021: €-53k▼ -32.4% vs 2020
2022: €-60k▼ -14.6% vs 2021
2023: €-67k▼ -12.0% vs 2022
2024: €-77k▼ -14.6% vs 2023lowest in 7 years
2025: €-50k▲ +35.4% vs 2024
2019 → 2025
Total assets
€118k▲ 485%
2024 · €20k
2019: €421khighest in 7 years
2020: €204k▼ -51.5% vs 2019
2021: €182k▼ -10.7% vs 2020
2022: €18k▼ -90.2% vs 2021
2023: €9k▼ -48.8% vs 2022lowest in 7 years
2024: €20k▲ +120% vs 2023
2025: €118k▲ +485% vs 2024
2019 → 2025
Net result
€27k
2024 · €-10k
2019: €64khighest in 7 years
2020: €-16k▼ -125% vs 2019lowest in 7 years
2021: €-13k▲ +21.4% vs 2020
2022: €-8k▲ +40.3% vs 2021
2023: €-7k▲ +5.7% vs 2022
2024: €-10k▼ -36.6% vs 2023
2025: €27k▲ +377% vs 2024
2019 → 2025
Working capital
€-14k▲ 75.7%
2024 · €-59k
2019: €-5khighest in 7 years
2020: €-19k▼ -255% vs 2019
2021: €-28k▼ -51.9% vs 2020
2022: €-35k▼ -23.2% vs 2021
2023: €-49k▼ -40.3% vs 2022
2024: €-59k▼ -20.1% vs 2023lowest in 7 years
2025: €-14k▲ +75.7% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-53k-€-60k▼ 14.6%€-67k▼ 12.0%€-77k▼ 14.6%€-50k▲ 35.4%
2021: €-53k
2022: €-60k▼ -14.6% vs 2021
2023: €-67k▼ -12.0% vs 2022
2024: €-77k▼ -14.6% vs 2023lowest in 5 years
2025: €-50k▲ +35.4% vs 2024highest in 5 years
Operating result€-9k-€-7k▲ 26.4%€-7k▼ 2.7%€-10k▼ 38.6%€31k
2021: €-9k
2022: €-7k▲ +26.4% vs 2021
2023: €-7k▼ -2.7% vs 2022
2024: €-10k▼ -38.6% vs 2023lowest in 5 years
2025: €31k▲ +413% vs 2024highest in 5 years
Net result€-13k-€-8k▲ 40.3%€-7k▲ 5.7%€-10k▼ 36.6%€27k
2021: €-13klowest in 5 years
2022: €-8k▲ +40.3% vs 2021
2023: €-7k▲ +5.7% vs 2022
2024: €-10k▼ -36.6% vs 2023
2025: €27k▲ +377% vs 2024highest in 5 years
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: €31k after a loss of €10k in 2024, the highest result in the available series.
Balance-sheet composition
Assets €118k
Fixed assets
€13k
Current assets
€105k
Key figures and ratios
EBITDA
€33k
Cash flow
€30k
Solvency
-42.2%▲
2024 · -382.7%
Current ratio
0.88▲
2024 · 0.26
Quick ratio
0.39▲
2024 · 0.26
Debt to equity
-3.37▼
2024 · -1.26
ROA
23.2%▲
2024 · -48.9%
Interest coverage
10.15
Debt
€168k▲
2024 · €97k
Debt ≤ 1 year
€119k▲
2024 · €79k
Debt > 1 year
€49k▲
2024 · €19k
Income taxes
€262
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€20k€118k▲
Fixed assets21/28-€13k
Tangible fixed assets22/27-€13k
Plant, machinery and equipment23-€1k
Furniture and vehicles24-€10k
Other tangible fixed assets26-€2k
Current assets29/58€20k€105k▲
Stocks and contracts in progress3-€59k
Stocks30/36-€59k
Amounts receivable within one year40/41€12k€4k▼
Trade receivables40€6k€3k▼
Other amounts receivable41€6k€1k▼
Cash at bank and in hand54/58€8k€41k▲
Deferred charges and accrued income490/1-€579
Equity and liabilities
Total equity and liabilities10/49€20k€118k▲
Equity10/15€-77k€-50k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133-€2k
Profit (loss) carried forward14€-98k€-70k▲
Amounts payable17/49€97k€168k▲
Amounts payable after more than one year17€19k€49k▲
Financial debts170/4-€3k
Other amounts payable178/9€19k€46k▲
Amounts payable within one year42/48€79k€119k▲
Current portion of amounts payable after more than one year42-€15k
Financial debts43-€1k
Credit institutions430/8-€1k
Trade debts44€780€28k▲
Suppliers440/4€780€28k▲
Taxes, remuneration and social security45-€14k
Taxes450/3-€12k
Remuneration and social security454/9-€1k
Other amounts payable47/48€78k€61k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2k
Other operating charges640/8€384€855▲
Non-recurring operating charges66A€1k€0▼
Gross operating margin9900€-8k€34k▲
Operating profit (loss)9901€-10k€31k▲
Financial income75/76B€5€24▲
Recurring financial income75€5€24▲
Financial charges65/66B-€3k
Recurring financial charges65-€3k
Profit (loss) for the period before taxes9903€-10k€28k▲
Income taxes67/77-€262
Profit (loss) for the period9904€-10k€27k▲
Profit (loss) for the period to be appropriated9905€-10k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-98k€-70k▲
Profit (loss) brought forward from the previous period14P€-88k€-98k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €1k | €295 | - | €2k | - |
| Other operating charges640/8 | - | €348 | €348 | €384 | €855 | ▲ 123% |
| Non-recurring operating charges66A | - | - | - | €1k | €0 | ▼ 100% |
| Gross operating margin9900 | €-6k | €-5k | €-6k | €-8k | €34k | ▲ 510% |
| Operating profit (loss)9901 | €-9k | €-7k | €-7k | €-10k | €31k | ▲ 413% |
| Financial income75/76B | - | €0 | €0 | €5 | €24 | ▲ 349% |
| Recurring financial income75 | €1 | €0 | €0 | €5 | €24 | ▲ 349% |
| Financial charges65/66B | - | €723 | €100 | - | €3k | - |
| Recurring financial charges65 | €3k | €723 | €100 | - | €3k | - |
| Profit (loss) for the period before taxes9903 | €-13k | €-8k | €-7k | €-10k | €28k | ▲ 380% |
| Income taxes67/77 | - | - | - | - | €262 | - |
| Profit (loss) for the period9904 | €-13k | €-8k | €-7k | €-10k | €27k | ▲ 377% |
| Profit (loss) for the period to be appropriated9905 | €-13k | €-8k | €-7k | €-10k | €27k | ▲ 377% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €182k | €18k | €9k | €20k | €118k | ▲ 485% |
| Fixed assets21/28 | €1k | €295 | €0 | - | €13k | - |
| Tangible fixed assets22/27 | €1k | €295 | €0 | - | €13k | - |
| Plant, machinery and equipment23 | - | - | - | - | €1k | - |
| Furniture and vehicles24 | - | €0 | - | - | €10k | - |
| Other tangible fixed assets26 | - | €295 | €0 | - | €2k | - |
| Current assets29/58 | €181k | €18k | €9k | €20k | €105k | ▲ 420% |
| Stocks and contracts in progress3 | - | - | - | - | €59k | - |
| Stocks30/36 | - | - | - | - | €59k | - |
| Amounts receivable within one year40/41 | €181k | €5k | €8k | €12k | €4k | ▼ 67.5% |
| Trade receivables40 | - | €2k | €3k | €6k | €3k | ▼ 53.3% |
| Other amounts receivable41 | - | €4k | €5k | €6k | €1k | ▼ 81.9% |
| Cash at bank and in hand54/58 | - | €12k | €2k | €8k | €41k | ▲ 411% |
| Deferred charges and accrued income490/1 | - | €278 | €35 | - | €579 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €182k | €18k | €9k | €20k | €118k | ▲ 485% |
| Equity10/15 | €-53k | €-60k | €-67k | €-77k | €-50k | ▲ 35.4% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €0 | ▼ 100% |
| Distributable reserves133 | - | - | - | - | €2k | - |
| Profit (loss) carried forward14 | €-73k | €-81k | €-88k | €-98k | €-70k | ▲ 28.0% |
| Amounts payable17/49 | €235k | €78k | €77k | €97k | €168k | ▲ 72.5% |
| Amounts payable after more than one year17 | €19k | €19k | €19k | €19k | €49k | ▲ 162% |
| Financial debts170/4 | - | - | - | - | €3k | - |
| Other amounts payable178/9 | - | €19k | €19k | €19k | €46k | ▲ 148% |
| Amounts payable within one year42/48 | €209k | €52k | €58k | €79k | €119k | ▲ 51.3% |
| Current portion of amounts payable after more than one year42 | - | €0 | - | - | €15k | - |
| Financial debts43 | - | €0 | - | - | €1k | - |
| Credit institutions430/8 | - | €0 | - | - | €1k | - |
| Trade debts44 | €4k | €91 | €907 | €780 | €28k | ▲ 3,531% |
| Suppliers440/4 | - | €91 | €629 | €780 | €28k | ▲ 3,531% |
| Bills of exchange payable441 | - | - | €278 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | €14k | - |
| Taxes450/3 | - | - | - | - | €12k | - |
| Remuneration and social security454/9 | - | - | - | - | €1k | - |
| Other amounts payable47/48 | - | €52k | €57k | €78k | €61k | ▼ 21.7% |
| Accrued charges and deferred income492/3 | - | €7k | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-13k | €-8k | €-7k | €-10k | €27k | ▲ 377% |
| + Depreciation and write-downs630 | €2k | €1k | €295 | - | €2k | - |
| Operating cash flow (approximation) | €-11k | €-7k | €-7k | €-10k | €30k | ▲ 402% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | - | €-10k | €7k | €33k | ▲ 406% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 72 days late
2025
30-06
Financial
Back to profitnet €27k
Net result €27k after 5 loss-making years.
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 124 days late
2024
12-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 85 days late
2020
30-06
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 43 days late
2018
01-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
8 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, Halle · 1 establishment unit since 2008
Ground area
233 m²
Building footprint
232 m²
Volume, LiDAR
1,546 m³
Parcel 23013B0098/00X000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
Mamuli
since 20082.174.515.316
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23013B0098/00X000 | Flanders | 233 m² | 1 · 232 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
Flemish government
2025 · 1 entry · 233 EUR awarded · 233 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 233 EUR | 233 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteHalle2.174.515.316
Dual-learning approval
6 endedAanvuller (so)
Kassier (so)
Verkoper (so)
Winkelbediende (so)
Winkelmedewerker (vwo)
Winkelmedewerker duaal (so)
Similar companies · same sector and region
Admax Consulting
BE 0762.617.661
Halle
BENNANI CONSULTING
BE 0820.217.647
Halle
Joly Productions
BE 0892.564.997
Halle
KETTE
BE 0712.871.212
Halle
ALTA
BE 0418.181.846
Sint-Gillis (bij-Brussel)
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,862 companies in sector 73110 we hold annual accounts for 3,753. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-06-2008
Fiscal year end30-06
Activities, NACEBEL 2025
73110Advertising agencies
Scores and ratios are computed by Checked and are not a credit decision.