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MAGIX L.

Active
Private limited company (pre-2019)founded 2000active for 26 yearsRue Bruyère-Saint-Jean 137, 1410 Waterloo, BelgiumKBO/BCE: BE 0470.131.878
Summary

The computed 12-month bankruptcy probability of MAGIX L. is 2.3% (moderate). The 2025 annual accounts show equity of €48,818 and a net result of -€5,184. Equity is shrinking by about 4.1% per year across the filed financial years. Its solvency ranks better than 44% of 8,449 sector peers (NACE 73, financial year 2025). The company has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Advertising agencies
NACE 73110
1 site
Size
€105,757total assets 2025
Equity
€48,818
Loss
-€5,184
Financial health
52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.3%
Structure
Accounts 26 days early2 of 5 deeds read
Why 52raises risk2 changes of registered office in 24 monthsLiquidity: current ratio 0.05, cash €1,058lowers riskSize: total assets €105,757Sector: Advertising, market research and public relations activities (NACE 73)Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 27% of its sector peers (NACE 73, micro)
Financial strength · tick = 2024
Weak
Solvency 71-3
equity 46.2% of total assets
Liquidity 24-1
short-term debt 53.8% · cash 1.0%
Profitability 13-54
return on assets -4.9%
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,204 companies, NACE 73, micro)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.8%▲ +0.1 percentage points vs 04-2025 06-2025: 0.7%▼ -0.1 percentage points vs 05-2025 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025 08-2025: 1.2%▲ +0.4 percentage points vs 07-2025 09-2025: 0.7%▼ -0.5 percentage points vs 08-2025lowest value 10-2025: 0.7%● unchanged vs 09-2025lowest value 11-2025: 2.2%▲ +1.5 percentage points vs 10-2025 12-2025: 2.2%● unchanged vs 11-2025 01-2026: 2.2%● unchanged vs 12-2025 02-2026: 2.2%● unchanged vs 01-2026 03-2026: 2.2%● unchanged vs 02-2026 04-2026: 2.3%▲ +0.1 percentage points vs 03-2026 05-2026: 2.3%● unchanged vs 04-2026highest value 06-2026: 2.2%▼ -0.1 percentage points vs 05-2026 07-2026: 2.3%▲ +0.1 percentage points vs 06-2026 08-2026: 2.3%● unchanged vs 07-2026 09-2026: 2.3%● unchanged vs 08-2026 10-2026: 2.3%● unchanged vs 09-2026
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.05, compared with 0.06 in 2024; short-term debt: 53.8% and cash: 1% of total assets), and 53.8% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 46% on solvency, 13% on liquidity, 17% on profitability and 31% on growth.

The bankruptcy probability was computed on 10-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: total assets €105,757
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector: Advertising, market research and public relations activities (NACE 73)
KBO
raises risk · Liquidity: current ratio 0.05, cash €1,058
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€5,184
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-07-2026, 26 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
26 days early
2024
11 days late
2023
37 days early
2022
45 days early
2021
32 days early
2020
33 days early
2019
50 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 30 days before the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
11-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Registered officeRegistered-office move
  3. Registered officeRegistered-office move

Key points

  • Risk: 5 loss-making years in a rowloss financial year 2025 -€5,184 View
  • Caution: Among the weakest 19% on net resultsector median €14,967 · 8,450 companies -€5,184 View
  • Active since 2000founded 28-01-2000 26 years View

By topic

Financials

Financial year
2025
Total assets
€105,757
Loss
-€5,184
Solvency
46.2%
Total assets▼ 3.6%
Net result
20182025
Go to Financials

Timeline

Events
29
Since
2001
Next accounts
by 31-07-2027
  1. 11-08-2025Annual accounts filed
  2. 24-06-2024Annual accounts filed
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Advertising agenciesNACE 73110
Founded
28-01-2000
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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