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MGI MAGIC

Active
Private limited company (pre-2019)founded 201412 yrs activeDuquesnoystraat 28, 1000 Brussel, BelgiumKBO/BCE: BE 0556.625.194
Summary

MGI MAGIC has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,121 and a net result of €1,950. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 11293 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Risk analysisWatch ReportCompare
MGI MAGICActiveChecked score 50/100
Risk analysis ReportCompare

Overview

What they do
Retail sale of newspapers and periodicals
NACE 47621NACE 47620
1 site
How big
€103,333total assets 2025
Equity
€8,121
Profit
€1,950
Turnover not published (abridged schema)
Financially healthy?
50 Fair Checked score 2025
Bankruptcy chance 12 m
1.4%
Who decides
Accounts filed 31 d late0 of 3 deeds read
Why 50- Higher-failure-rate region- Higher-failure-rate sector- Weak solvency vs sector+ Long track record+ Growing equityFiled after the deadlineShow the evidence

Checked score

Score 2025
50 / 100
Fair
Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+36
Solvency33▲+1
Growth58=
Track record100
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 12 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 11293 sector peers (2025).
NBB · sector comparison
Position among 11293 sector peers
Solvency
better than 18%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €8,121
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filings
Deviation from the deadline
2025
31 d late
2024
30 d late
2023
26 d late
2022
31 d late
2021
105 d late
2020
279 d late
2019
644 d late
← 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 164 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Among the weakest 15% on equitysector median €247,818 · 11,303 companies €8,121 View
  • Positive: 5 profitable years in a rowprofit 2025: €1,950 5 years View
  • Total assets 20256 fiscal years filed €103,333 View

By topic

Financials

Fiscal year
2025
Total assets
€103,333
Profit
€1,950
Solvency
7.9%
Total assets▲ 9.2%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2016
Next accounts
by 31-07-2027
  1. 31-08-2026Annual accounts filed
  2. 30-08-2025Annual accounts filed
  3. 26-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Retail sale of newspapers and periodicalsNACE 47621
Founded
15-07-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

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