Magicworx
ActiveMagicworx has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €113k and a net result of €-33k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 59% of 20786 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-73
Solvency95▲+11
Growth52=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity ample (current ratio 3.75 against 2.28 in 2023; short-term debt: 25% and cash: 72.3% of total assets), and 29.9% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
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
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
70.1%
Return on assets
-20.2%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-07-2026, 340 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
340 d late
2023
210 d late
2022
513 d late
2021
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€113k▼ 22.4%
2023 · €146k
2021: €54k
2022: €148k
2023: €146k
2021 → 2024
Total assets
€162k▼ 35.0%
2023 · €248k
2021: €141k
2022: €305k
2023: €248k
2021 → 2024
Net result
€-33k
2023 · €8k
2021: €87k
2022: €94k
2023: €8k
2021 → 2024
Working capital
€111k▼ 15.2%
2023 · €131k
2021: €51k
2022: €141k
2023: €131k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€54k-€148k▲ 174%€146k▼ 1.4%€113k▼ 22.4%
Operating result€100k-€121k▲ 20.9%€10k▼ 91.6%€-34k
Net result€87k-€94k▲ 7.8%€8k▼ 91.5%€-33k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €34k after €10k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €162k
Fixed assets
€10k▼ 32.6%
Current assets
€151k▼ 35.1%
Equity and liabilities €162k
Equity
€113k▼ 22.4%
Debt
€48k▼ 52.9%
The debt ratio falls from 41.2% to 29.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-28k▼
2023 · €16k
Cash flow
€-27k▼
2023 · €13k
Solvency
70.1%▲
2023 · 58.8%
Current ratio
3.75▲
2023 · 2.28
Quick ratio
3.75▲
2023 · 2.28
Debt / equity
0.43▼
2023 · 0.70
ROE
-28.9%▼
2023 · 5.5%
ROA
-20.2%▼
2023 · 3.2%
Interest coverage
-67.74▼
2023 · 310.07
Debt
€48k▼
2023 · €102k
Debt ≤ 1 year
€40k▼
2023 · €102k
Income taxes
€-50▼
2023 · €2k
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€248k€162k▼
Fixed assets21/28€15k€10k▼
Tangible fixed assets22/27€15k€10k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€11k€8k▼
Current assets29/58€233k€151k▼
Amounts receivable within one year40/41€2k€34k▲
Trade receivables40-€10k
Other amounts receivable41€2k€25k▲
Cash at bank and in hand54/58€229k€117k▼
Deferred charges and accrued income490/1€1k€137▼
Equity and liabilities
Total equity and liabilities10/49€248k€162k▼
Equity10/15€146k€113k▼
Contributions10/11€3k€3k=
Capital10€3k-
Issued capital100€3k-
Profit (loss) carried forward14€143k€110k▼
Amounts payable17/49€102k€48k▼
Amounts payable within one year42/48€102k€40k▼
Taxes, remuneration and social security45€66k€40k▼
Taxes450/3€66k€40k▼
Other amounts payable47/48€36k-
Accrued charges and deferred income492/3-€8k
Income statement
Code20232024
Remuneration, social security and pensions62€48-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€384€1k▲
Gross operating margin9900€16k€-27k▼
Operating profit (loss)9901€10k€-34k▼
Financial income75/76B-€1k
Recurring financial income75-€1k
Financial charges65/66B€50€418▲
Recurring financial charges65€50€418▲
Profit (loss) for the period before taxes9903€10k€-33k▼
Income taxes67/77€2k€-50▼
Profit (loss) for the period9904€8k€-33k▼
Profit (loss) for the period to be appropriated9905€8k€-33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€143k€110k▼
Profit (loss) brought forward from the previous period14P€135k€143k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 340 days late
2025
26-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 210 days late
2024
31-12
Financial
Weakest financial yearnet €-33k ▼509%
Net result drops to €-33k, the lowest in the series.
25-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 513 days late
2022
31-12
Financial
Highest result since 2021net €94k ▲7.8%
Operating result €121k, net result €94k, both a record.
31-12
Financial
Equity above €100kEq €148k ▲174%
2 profitable years in a row build equity to €148k.
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 27 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, Berlare · 1 establishment unit since 2021
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.
Dorp(B) 819290 BerlareGround area
567 m²
Building footprint
136 m²
Volume, LiDAR
648 m³
Parcel 42003B0411/00E000, Flanders · tallest building 9.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Magicworx
since 20212.318.557.841
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42003B0411/00E000 | Flanders | 567 m² | 1 · 136 m² | 9.1 m · 1 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.
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BE A PROJECT
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Of 16,869 companies in sector 62100 we hold annual accounts for 8,779. 6,955 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-05-2021
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.
Contact details
1 entryE-mail:brainpop.eu@gmail.com