SELECT MAGIC
ActiveSELECT MAGIC has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €98k and a net result of €9k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 41% of 10310 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-1
Solvency54▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 1.01 in 2024; short-term debt: 57.3% and cash: 0.3% of total assets), and 70.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.2%
Return on assets
2.6%
Age of the figures
9 mo
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 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €98k
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
6 d early
2023
30 d late
2022
13 d early
2021
4 d early
2020
1 d early
2019
31 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€98k▲ 9.7%
2024 · €89k
2018: €82k
2019: €95k
2020: €92k
2021: €85k
2022: €77k
2023: €77k
2024: €89k
2018 → 2025
Total assets
€336k▼ 6.1%
2024 · €357k
2018: €426k
2019: €426k
2020: €398k
2021: €383k
2022: €368k
2023: €348k
2024: €357k
2018 → 2025
Net result
€9k▼ 26.6%
2024 · €12k
2018: €14k
2019: €14k
2020: €-3k
2021: €-7k
2022: €-8k
2023: €501
2024: €12k
2018 → 2025
Working capital
€20k▲ 642%
2024 · €3k
2018: €-3k
2019: €10k
2020: €1k
2021: €-1k
2022: €-4k
2023: €-452
2024: €3k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€85k-€77k▼ 9.6%€77k▲ 0.7%€89k▲ 15.3%€98k▲ 9.7%
Operating result€-4k-€-6k▼ 51.0%€2k€13k▲ 446%€10k▼ 26.8%
Net result€-7k-€-8k▼ 15.5%€501€12k▲ 2,262%€9k▼ 26.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 27% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €336k
Fixed assets
€123k▼ 12.1%
Current assets
€213k▼ 2.2%
Equity and liabilities €336k
Equity
€98k▲ 9.7%
Provisions
€15k▼ 10.9%
Debt
€222k▼ 11.4%
The debt ratio falls from 70.3% to 66.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28k▼
2024 · €31k
Cash flow
€27k▼
2024 · €29k
Solvency
29.2%▲
2024 · 25.0%
Current ratio
1.11▲
2024 · 1.01
Quick ratio
0.12▲
2024 · 0.11
Debt / equity
2.27▼
2024 · 2.82
ROE
8.9%▼
2024 · 13.3%
ROA
2.6%▼
2024 · 3.3%
Interest coverage
8.94▲
2024 · 8.80
Debt
€222k▼
2024 · €251k
Debt ≤ 1 year
€192k▼
2024 · €215k
Debt > 1 year
€30k▼
2024 · €36k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€357k€336k▼
Fixed assets21/28€140k€123k▼
Tangible fixed assets22/27€140k€123k▼
Land and buildings22€122k€108k▼
Plant, machinery and equipment23€4k€4k▼
Furniture and vehicles24€14k€11k▼
Current assets29/58€217k€213k▼
Stocks and contracts in progress3€193k€190k▼
Stocks30/36€193k€190k▼
Amounts receivable within one year40/41€18k€18k▼
Trade receivables40€17k€17k▲
Other amounts receivable41€2k€654▼
Cash at bank and in hand54/58€3k€1k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€357k€336k▼
Equity10/15€89k€98k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€65k€59k▼
Tax-exempt reserves132€63k€57k▼
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€6k€20k▲
Provisions and deferred taxes16€17k€15k▼
Deferred taxes168€17k€15k▼
Amounts payable17/49€251k€222k▼
Amounts payable after more than one year17€36k€30k▼
Financial debts170/4€36k€30k▼
Amounts payable within one year42/48€215k€192k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€5k-
Suppliers440/4€5k-
Other amounts payable47/48€203k€186k▼
Accrued charges and deferred income492/3€173€173=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€18k▲
Other operating charges640/8€726€777▲
Gross operating margin9900€32k€29k▼
Operating profit (loss)9901€13k€10k▼
Financial income75/76B€14€94▲
Recurring financial income75€14€94▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€10k€7k▼
Transfer from deferred taxes780€2k€2k=
Profit (loss) for the period9904€12k€9k▼
Transfer from tax-exempt reserves789€6k€6k=
Profit (loss) for the period to be appropriated9905€17k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6k€20k▲
Profit (loss) brought forward from the previous period14P€-12k€6k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €501
Net result €501 after 3 loss-making years.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Ieper · 1 establishment unit since 1987
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.
Pilkemseweg 1398904 IeperGround area
1,077 m²
Building footprint
174 m²
Volume, LiDAR
668 m³
2 parcels, Flanders · tallest building 9.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SELECT MAGIC
since 19872.030.095.479
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33003B0607/00C000 | Flanders | 842 m² | 1 · 70 m² | 3.7 m · 1 fl. |
| 33003B0602/00N000 | Flanders | 235 m² | 1 · 104 m² | 9.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
A.I.T.
BE 0744.367.211
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Group Ramcom
BE 0818.471.152
Heusden-Zolder · Eq €97k
LABAIRTEC
BE 0807.647.437
Landen · Eq €99k
DEPOT D'ALBERT
BE 0451.467.197
Beringen · Eq €97k
BRASPENNINCX
BE 0425.564.536
Antwerpen · Eq €99k
Of 4,246 companies in sector 47789 we hold annual accounts for 1,021. 818 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-08-1987
Fiscal year end31-12
Activities, NACEBEL
47789Other retail sale of new goods
46497Wholesale trade
47640Retail sale of games and toys
47650Retail trade
51476
52489
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.