Equity
-€49,891
Debts exceed assets in financial year 2025.
MAGICWORLDS
Lifetime
17 annual accounts with figures on one time axispeak €195,911 (2012)
€34,244▲ €42,592
lowest -€139,826 (2016)
€27,372▲ €37,250
peak €45,966 (2014)
-€49,891▲ €27,372
€168,071▲ 72.5%
peak 0.4 FTE (2013)
-not published
Board2 names since 2022
1 directorSylvie Emma Schollier
Documentsfilings and deeds
13-04-202672 days late
2025micro format
Gross margin from -€8,347 to €34,244Back to profit: €27,372Equity from -€77,263 to -€49,891Debts from €97,455 to €168,071Cash from €8,113 to €41,465
Key points
from the 2025 annual accountsDebts
€168,071 142% of the balance sheet
Financial debts 2%Suppliers 17%Taxes and wages 8%Other 73%
Of this, €119,309 falls due within a year.
Investments
€15,599 6.3 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.88 was 0.26 in 2024
Short-term debts rose from €78,855 to €119,309.
Filings
17 annual accounts 72 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-€49,891
Less equity than 95% of companies in advertising and market research. Sector median €58,793 · 8,621 companies.
Checked score
55
Fair
Financially stronger than 46% of micro companies in advertising and market research (NACE 73)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,228 companies (NACE 73, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%lowest value
01-2025: 0.7%▲ +0.1 percentage points vs 12-2024
02-2025: 1.0%▲ +0.3 percentage points vs 01-2025
03-2025: 1.0%● unchanged vs 02-2025
04-2025: 1.0%● unchanged vs 03-2025
05-2025: 1.1%▲ +0.1 percentage points vs 04-2025
06-2025: 1.5%▲ +0.4 percentage points vs 05-2025
07-2025: 1.3%▼ -0.2 percentage points vs 06-2025
08-2025: 1.3%● unchanged vs 07-2025
09-2025: 1.4%▲ +0.1 percentage points vs 08-2025
10-2025: 1.4%● unchanged vs 09-2025
11-2025: 1.4%● unchanged vs 10-2025
12-2025: 1.3%▼ -0.1 percentage points vs 11-2025
01-2026: 1.3%● unchanged vs 12-2025
02-2026: 1.6%▲ +0.3 percentage points vs 01-2026
03-2026: 1.6%● unchanged vs 02-2026highest value
04-2026: 1.5%▼ -0.1 percentage points vs 03-2026
05-2026: 0.8%▼ -0.7 percentage points vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026
08-2026: 0.8%● unchanged vs 07-2026
09-2026: 0.8%● unchanged vs 08-2026
10-2026: 0.7%▼ -0.1 percentage points vs 09-2026
11-2026: 0.7%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: negative equity
Last filed accounts filed 73 days late; 2 of the last 3 accounts late
Negative equity -€49,891
lowers risk
Founded in 2008
Size: total assets €118,180
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro). It does better than 5% of them on solvency, 27% on liquidity, 74% on profitability and 78% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,632 companies had the same profile as MAGICWORLDS has now. Each dot stands for 10 companies, two years later.
91.9%
were still trading
4.8%
stopped another way
2.9%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MAGICWORLDS itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 3,632 companies, not a prediction for MAGICWORLDS. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.88 (0.26 in 2024), below 1. Short-term debt is 101% and cash 35.1% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 8614 sector peers (2025).
NBB · sector comparisonPosition among 8614 sector peers
Solvency
better than 8%
← weakest
strongest →
raises risk · 2025 accounts filed 72 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
72 days late
2024
124 days late
2023
19 days early
2022
on the day
2021
3 days early
2020
85 days late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 37 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (4 of the last 5 accounts filed within 72 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0898361243
Appointment: Sylvie Emma Schollier (director)
General meeting of 01-08-2024 · Gazette deed
Resignation: OOSTERLYNCK, Dimitri (director)
Reappointment: OOSTERLYNCK, Dimitri (director) · General meeting of 18-12-2023 · Gazette deed
Incorporation
published on 16-06-2008 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MAGICWORLDS Halle | €118,180 | €34,244 | -42.2% | - |
| PUB EVENTS Virton | €119,764 | €34,767 | 26.1% | - |
| GROEP DE WIT Heist-op-den-Berg | €111,076 | €32,649 | 58.3% | - |
| W-GRAPHIC Soignies | €132,136 | €41,162 | 72.2% | - |
| BON MATIN Woluwe-Saint-Lambert | €133,520 | €35,926 | 42.3% | - |
| SoPink Auderghem | €99,082 | €31,512 | 43.7% | - |
| CAZAC Meerhout | €138,361 | €30,662 | 37.4% | - |
These companies have the same main activity as MAGICWORLDS: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €99,100 and €138,000, founded between 2005 and 2010.
Official details
Source: KBO- Status
- Active since 05-06-2008Normal situation
- Activity
- Advertising agenciesNACE 73110
- Establishment unit
- 2.174.515.3161501 Halle, since 05-06-2008
- Financial year end
- 30 June
- Peppol
- Reachable since 05-11-2025
Insights on MAGICWORLDS
MAGICWORLDS files the micro format. That format states no turnover. The gross margin rose from €23,585 in 2009 to €34,244 in 2025.
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 MAGICWORLDS
- What is the company number of MAGICWORLDS?
- The company number of MAGICWORLDS is 0898.361.243. The VAT number is the same number with BE in front: BE 0898.361.243.
- Where is MAGICWORLDS based?
- The registered office is at Nachtegaalstraat 198, 1501 Halle.Company details
- What does MAGICWORLDS do?
- According to the KBO register, the main activity is advertising agencies (NACE 73110).
- What is the legal form of MAGICWORLDS?
- MAGICWORLDS is a private limited company (BV).
- When was MAGICWORLDS founded?
- MAGICWORLDS was founded on 05-06-2008.
- Is MAGICWORLDS still active?
- Yes, MAGICWORLDS is an active enterprise in the KBO register.
- What is the turnover of MAGICWORLDS?
- The turnover in financial year 2025 is ≈ €91,000. This figure is estimated from the gross margin of €34,244 and 45 comparable companies (NACE 73). It probably lies between €63,000 and €120,000.Financials
- Is MAGICWORLDS profitable?
- In financial year 2025, MAGICWORLDS made a profit of €27,372.
- Where can I find the annual accounts of MAGICWORLDS?
- MAGICWORLDS filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MAGICWORLDS due?
- MAGICWORLDS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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