Magicworx
ActiveSummary
The annual accounts of Magicworx for financial year 2025 show a net loss of 56% of total assets. The 2025 annual accounts show equity of €70,971 and a net result of -€42,322. Equity has been shrinking by about 8.6% per year since 2021. Its solvency ranks better than 94% of 21,130 sector peers (NACE 62, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 07-05-2021 Normal situation
- Activity
- Computer programming NACE 62100and 2 others
- Establishment unit
- 2.318.557.841 9290 Berlare, since 07-05-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- -€38,122
- ▼ 41.0%
- Loss
- €42,322
- ▲ 29.5%
- Equity
- €70,971
- ▼ 37.4%
- Total assets
- €75,238
- ▼ 53.4%
- 2025 accounts filed 47 days after the deadline
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLast filed accounts filed 47 days late; 3 of the last 3 accounts lateLoss of €42,322, the second in a row (financial year 2025)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 14.66, cash €22,764, halvedShow the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 62, micro). It does better than 85% of them on solvency, 73% on liquidity, 5% on profitability and 18% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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Signals
The company filed its last 5 accounts on average 227 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Magicworx: computer programming (NACE 62100). They are comparable in size and age: total assets between €67,200 and €94,900, founded between 2020 and 2021.
| Company | Total assets | Gross margin |
|---|---|---|
| Magicworx Berlare | €75,238 | -€38,122 |
| kad.ai Gent | €67,231 | €673 |
| DATA ANALYTICS Gent | €94,854 | -€62,480 |
| CO.ADIUVO Roeselare | €76,508 | -€4,973 |
| ARYX Antwerpen | €73,862 | -€9,960 |
| Blinde Vink Rijkevorsel | €73,406 | -€4,127 |
| NAHAL.BE Brussel | €85,341 | -€10,809 |
Key facts about Magicworx
- What is the company number of Magicworx?
- The company number of Magicworx is 0767.941.377. The VAT number is the same number with BE in front: BE 0767.941.377.
- Where is Magicworx based?
- The registered office is at Dorp(B) 81, 9290 Berlare.Company details
- What does Magicworx do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of Magicworx?
- The legal form of Magicworx is Private limited company (BV).
- When was Magicworx founded?
- Magicworx was founded on 07-05-2021.
- Is Magicworx still active?
- Yes, Magicworx is an active enterprise in the KBO register.
- What is the turnover of Magicworx?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is Magicworx profitable?
- In financial year 2025, Magicworx made a loss of €42,322.
- Where can I find the annual accounts of Magicworx?
- Magicworx filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Magicworx due?
- Magicworx must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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