Mix-Magic
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 10-06-2026 PDF all 5 filings
Every figure per financial year
The operating result for 2025 is a loss of €13,958, larger than the loss of €1,435 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The micro format does not require them.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €1,008 | €490 | €557 | €569 | €186 | ▼ 67.4% |
| Gross operating margin9900 | -€8,011 | €14,239 | €10,281 | -€866 | -€13,772 | ▼ 1,491% |
| Operating profit (loss)9901 | -€9,019 | €13,749 | €9,724 | -€1,435 | -€13,958 | ▼ 873% |
| Financial income75/76B | - | €16 | - | €0 | - | - |
| Recurring financial income75 | - | €16 | - | €0 | - | - |
| Financial charges65/66B | €39 | €171 | €183 | €183 | €215 | ▲ 17.4% |
| Recurring financial charges65 | €39 | €171 | €183 | €183 | €215 | ▲ 17.4% |
| Profit (loss) for the period before taxes9903 | -€9,058 | €13,594 | €9,540 | -€1,618 | -€14,173 | ▼ 776% |
| Income taxes67/77 | - | €1,016 | €1,972 | - | €0 | - |
| Profit (loss) for the period9904 | -€9,058 | €12,579 | €7,569 | -€1,618 | -€14,173 | ▼ 776% |
| Profit (loss) for the period to be appropriated9905 | -€9,058 | €12,579 | €7,569 | -€1,618 | -€14,173 | ▼ 776% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €980 | €17,284 | €23,865 | €23,028 | €8,850 | ▼ 61.6% |
| Current assets29/58 | €980 | €17,284 | €23,865 | €23,028 | €8,850 | ▼ 61.6% |
| Amounts receivable within one year40/41 | €458 | €2,208 | €1,007 | €1,106 | €3,812 | ▲ 245% |
| Trade receivables40 | - | - | €0 | €0 | €1,000 | - |
| Other amounts receivable41 | €458 | €2,208 | €1,007 | €1,106 | €2,812 | ▲ 154% |
| Cash at bank and in hand54/58 | €522 | €15,076 | €22,858 | €21,922 | €5,038 | ▼ 77.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €980 | €17,284 | €23,865 | €23,028 | €8,850 | ▼ 61.6% |
| Equity10/15 | -€4,058 | €8,521 | €16,090 | €14,472 | €299 | ▼ 97.9% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€9,058 | €3,521 | €11,090 | €9,472 | -€4,701 | - |
| Amounts payable17/49 | €5,037 | €8,763 | €7,776 | €8,556 | €8,552 | ▼ 0.1% |
| Amounts payable within one year42/48 | €5,037 | €8,763 | €7,776 | €8,556 | €8,552 | ▼ 0.1% |
| Trade debts44 | €290 | €2,789 | €6,698 | €7,574 | €7,569 | ▼ 0.1% |
| Suppliers440/4 | €290 | €2,789 | €6,698 | €7,574 | €7,569 | ▼ 0.1% |
| Taxes, remuneration and social security45 | - | €1,016 | - | €150 | €150 | = |
| Taxes450/3 | - | €1,016 | - | €150 | €150 | = |
| Other amounts payable47/48 | €4,747 | €4,958 | €1,077 | €833 | €833 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,058 | €12,579 | €7,569 | -€1,618 | -€14,173 | ▼ 776% |
| Operating cash flow (approximation) | -€9,058 | €12,579 | €7,569 | -€1,618 | -€14,173 | ▼ 776% |
| Change in cash | - | €14,554 | €7,783 | -€936 | -€16,884 | ▼ 1,704% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 646 companies had the same profile as Mix-Magic has now. Two years later, 86.1% were still going and 7.3% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency under 10%
- a loss of 10% of the balance sheet or more
Another 0.9% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Mix-Magic itself: 2.5% within 12 months.
Test of the method
The method was tested on the 497,446 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 646 companies, not a prediction for Mix-Magic. 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.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 10-06-2026 | 2026-00149526 | |
| 31-12-2024 | micro format | 18-06-2025 | 2025-00148849 | |
| 31-12-2023 | micro format | 26-08-2024 | 2024-00368853 | |
| 31-12-2022 | micro format | 12-06-2023 | 2023-00118824 | |
| 31-12-2021 | micro format | 14-06-2022 | 2022-20060834 |