Equity
€3,383 from €73,224 in 2006
Equity fell by 95% in 19 years.
WEB IS MAGIC
Lifetime
20 annual accounts with figures on one time axis, 26 filings since 2000peak €2,894 (2017)
-€6,267▼ €103
lowest -€22,277 (2018)
-€7,036▼ €114
peak €73,224 (2006)
€3,383▼ 67.5%
€78▼ 17.8%
Board1 name since 2000
1 directorWAEYENBERGH, Michel Guy Joseph Lucien
Documentsfilings and deeds
04-06-202657 days before the deadline
2025micro format
Loss of €7,036Equity from €10,419 to €3,383Debts from €95 to €78Cash from €253 to €47
Key points
from the 2025 annual accountsLosses
-€29,806 in six years
Every financial year from 2020 to 2025 closed with a loss. 2023 was the heaviest.
Position in the sector
€3,383
Less equity than 89% of companies in computer programming and consultancy. Sector median €69,072 · 21,214 companies.
Checked score
54
Fair
Financially stronger than 33% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.2%▼ -0.1 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025lowest value
02-2026: 0.2%● unchanged vs 01-2026lowest value
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €7,036, the second in a row (financial year 2025)
Liquidity: current ratio 35.63, cash €47, halved
lowers risk
Size: total assets €3,461
Sector: Computer programming, consultancy and related activities (NACE 62)
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, 33% on liquidity, 5% on profitability and 10% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 5,831 companies had the same profile as WEB IS MAGIC has now. Each dot stands for 15 companies, two years later.
84.5%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of WEB IS MAGIC itself is lower: 0.2% within 12 months. It rests on far more data about WEB IS MAGIC than the profile alone.
Test of the method
The method was tested on the 497,447 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 5,831 companies, not a prediction for WEB IS 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.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
The balance sheet total is too small for a liquidity verdict.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
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 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€7,036
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 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 days early
2024
23 days early
2023
30 days late
2022
20 days early
2021
5 days early
2020
61 days early
2019
22 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 23 days before 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)
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 11 July (4 of the last 5 accounts filed within 37 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0471323196
Resignation: WAEYENBERGH, Michel Guy Joseph Lucien (manager)
Reappointment: WAEYENBERGH, Michel Guy Joseph Lucien (director) · “A. L'établissement de centres de formation informatique; B. Le consulting,le support,l'organisation de…” (deed in French) · Director discharge: WAEYENBERGH, Michel Guy Joseph Lucien · General meeting of 22-11-2023 · Gazette deed
First establishment
Marie-Josélaan 128, Woluwe-Saint-Lambert
Incorporation
published on 10-03-2000 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WEB IS MAGIC Woluwe-Saint-Lambert | €3,461 | -€6,267 | 97.8% | - |
| AXONIS Anderlecht | €3,103 | -€1,547 | -272.4% | - |
| ICEVISTA Brussels | €3,951 | -€27,450 | -1165.7% | - |
| INTEGRICTY Pepingen | €3,221 | -€8,017 | -1685.9% | - |
| ALEX VERVAET Bornem | €3,189 | -€54,776 | -21209.1% | - |
| NARF Sint-Pieters-Leeuw | €3,171 | -€5,334 | -825.5% | - |
| ANY-WARE Hechtel-Eksel | €4,082 | -€3,092 | -3232.4% | - |
These companies have the same main activity as WEB IS MAGIC: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €3,100 and €4,080, founded between 1999 and 2002.
Official details
Source: KBO- Status
- Active since 01-03-2000Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Establishment unit
- 2.093.739.3571200 Woluwe-Saint-Lambert, since 29-03-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Annual accounts 2025
- €3,461▼ 67.1%
- Filing
- Filed on 04-06-2026, 57 days before the end of the filing period
Insights on WEB IS MAGIC
WEB IS MAGIC files the micro format. That format states no turnover. The gross margin fell from -€723 in 2006 to -€6,267 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about WEB IS MAGIC
- What is the company number of WEB IS MAGIC?
- The company number of WEB IS MAGIC is 0471.323.196. The VAT number is the same number with BE in front: BE 0471.323.196.
- Where is WEB IS MAGIC based?
- The registered office is at Marie-Josélaan 128, 1200 Woluwe-Saint-Lambert.Company details
- What does WEB IS MAGIC do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of WEB IS MAGIC?
- WEB IS MAGIC is a private limited company (BV).
- When was WEB IS MAGIC founded?
- WEB IS MAGIC was founded on 01-03-2000.
- Is WEB IS MAGIC still active?
- Yes, WEB IS MAGIC is an active enterprise in the KBO register.
- What is the turnover of WEB IS MAGIC?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is WEB IS MAGIC profitable?
- In financial year 2025, WEB IS MAGIC made a loss of €7,036.
- Where can I find the annual accounts of WEB IS MAGIC?
- WEB IS MAGIC filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WEB IS MAGIC due?
- WEB IS MAGIC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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