WEB IS MAGIC
ActiveSummary
The annual accounts of WEB IS MAGIC for fiscal year 2025 show a net loss of 203% of total assets and of 68% of the equity at the start of that year. The 2025 annual accounts show equity of €3k and a net result of €-7k. Equity is shrinking by ~16.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 95% of 17090 sector peers (fiscal year 2025). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
59
/ 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; 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.
balance sheet total too small for a liquidity verdict.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer 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 dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
Age of the figures
9 mo
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 €-7k
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 d early
2024
23 d early
2023
30 d late
2022
20 d early
2021
5 d early
2020
61 d early
2019
22 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-7k▼ 1.6%
2024 · €-7k
2018: €-22klowest in 8 years
2019: €326▲ +101% vs 2018highest in 8 years
2020: €-2k▼ -750% vs 2019
2021: €-854▲ +59.7% vs 2020
2022: €-5k▼ -461% vs 2021
2023: €-8k▼ -68.4% vs 2022
2024: €-7k▲ +14.3% vs 2023
2025: €-7k▼ -1.6% vs 2024
2018 → 2025
Working capital
€3k▼ 71.5%
2024 · €9k
2018: €33k
2019: €33k▲ +0.8% vs 2018highest value
2020: €31k▼ -6.4% vs 2019
2022: €25k
2023: €16k▼ -36.2% vs 2022
2024: €9k▼ -41.3% vs 2023
2025: €3k▼ -71.5% vs 2024lowest value
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€30k-€25k▼ 15.9%€17k▼ 31.8%€10k▼ 39.9%€3k▼ 67.5%
2021: €30khighest in 5 years
2022: €25k▼ -15.9% vs 2021
2023: €17k▼ -31.8% vs 2022
2024: €10k▼ -39.9% vs 2023
2025: €3k▼ -67.5% vs 2024lowest in 5 years
Operating result€-3k-€-5k▼ 81.3%€-8k▼ 69.3%€-7k▲ 14.5%€-7k▼ 1.7%
2021: €-3khighest in 5 years
2022: €-5k▼ -81.3% vs 2021
2023: €-8k▼ -69.3% vs 2022lowest in 5 years
2024: €-7k▲ +14.5% vs 2023
2025: €-7k▼ -1.7% vs 2024
Net result€-854-€-5k▼ 461%€-8k▼ 68.4%€-7k▲ 14.3%€-7k▼ 1.6%
2021: €-854highest in 5 years
2022: €-5k▼ -461% vs 2021
2023: €-8k▼ -68.4% vs 2022lowest in 5 years
2024: €-7k▲ +14.3% vs 2023
2025: €-7k▼ -1.6% vs 2024
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2025 against €7k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3k
Fixed assets
€690 ▼ 28.1%
Current assets
€3k ▼ 71.0%
Equity and liabilities €3k
Equity
€3k ▼ 67.5%
Debt
€78 ▼ 17.8%
Debt's share of the balance-sheet total rises from 0.9% to 2.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-7k▼
2024 · €-7k
Cash flow
€-7k▼
2024 · €-7k
Interest coverage
-67.03▼
2024 · -65.10
Debt ≤ 1 year
€78▼
2024 · €95
Ratios withheld: a balance sheet total of €3k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 29 lines
Balance sheet
Code20242025
Assets
Total assets20/58€11k€3k▼
Fixed assets21/28€959€690▼
Tangible fixed assets22/27€809€540▼
Furniture and vehicles24€809€540▼
Financial fixed assets28€150€150=
Current assets29/58€10k€3k▼
Amounts receivable within one year40/41€9k€3k▼
Other amounts receivable41€9k€3k▼
Cash at bank and in hand54/58€253€47▼
Deferred charges and accrued income490/1€30€30=
Equity and liabilities
Total equity and liabilities10/49€11k€3k▼
Equity10/15€10k€3k▼
Contributions10/11€9k€9k=
Profit (loss) carried forward14€1k€-6k▼
Amounts payable17/49€95€78▼
Amounts payable within one year42/48€95€78▼
Trade debts44€95€78▼
Suppliers440/4€95€78▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€270€270=
Other operating charges640/8€387€400▲
Gross operating margin9900€-6k€-6k▼
Operating profit (loss)9901€-7k€-7k▼
Financial charges65/66B€101€99▼
Recurring financial charges65€101€99▼
Profit (loss) for the period before taxes9903€-7k€-7k▼
Profit (loss) for the period9904€-7k€-7k▼
Profit (loss) for the period to be appropriated9905€-7k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1k€-6k▼
Profit (loss) brought forward from the previous period14P€8k€1k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €270 | €270 | €270 | = |
| Other operating charges640/8 | €348 | €348 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €-2k | €-4k | €-7k | €-6k | €-6k | ▼ 1.7% |
| Operating profit (loss)9901 | €-3k | €-5k | €-8k | €-7k | €-7k | ▼ 1.7% |
| Financial income75/76B | €2k | - | - | - | - | - |
| Recurring financial income75 | €2k | - | - | - | - | - |
| Financial charges65/66B | €101 | €83 | €96 | €101 | €99 | ▼ 1.2% |
| Recurring financial charges65 | €101 | €83 | €96 | €101 | €99 | ▼ 1.2% |
| Profit (loss) for the period before taxes9903 | €-854 | €-5k | €-8k | €-7k | €-7k | ▼ 1.6% |
| Profit (loss) for the period9904 | €-854 | €-5k | €-8k | €-7k | €-7k | ▼ 1.6% |
| Profit (loss) for the period to be appropriated9905 | €-854 | €-5k | €-8k | €-7k | €-7k | ▼ 1.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €30k | €26k | €17k | €11k | €3k | ▼ 67.1% |
| Fixed assets21/28 | €150 | €150 | €1k | €959 | €690 | ▼ 28.1% |
| Tangible fixed assets22/27 | - | - | €1k | €809 | €540 | ▼ 33.3% |
| Furniture and vehicles24 | - | - | €1k | €809 | €540 | ▼ 33.3% |
| Financial fixed assets28 | €150 | €150 | €150 | €150 | €150 | = |
| Current assets29/58 | €30k | €26k | €16k | €10k | €3k | ▼ 71.0% |
| Amounts receivable within one year40/41 | €29k | €25k | €16k | €9k | €3k | ▼ 70.9% |
| Trade receivables40 | €105 | €210 | - | - | - | - |
| Other amounts receivable41 | €29k | €24k | €16k | €9k | €3k | ▼ 70.9% |
| Cash at bank and in hand54/58 | €1k | €844 | €366 | €253 | €47 | ▼ 81.4% |
| Deferred charges and accrued income490/1 | €32 | €29 | €29 | €30 | €30 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €30k | €26k | €17k | €11k | €3k | ▼ 67.1% |
| Equity10/15 | €30k | €25k | €17k | €10k | €3k | ▼ 67.5% |
| Contributions10/11 | €7k | €7k | €7k | €9k | €9k | = |
| Capital10 | €7k | €7k | - | - | - | - |
| Issued capital100 | €19k | €19k | - | - | - | - |
| Uncalled capital101 | €11k | €11k | - | - | - | - |
| Reserves13 | €2k | €2k | €2k | - | - | - |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Legal reserve130 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €2k | - | - | - |
| Profit (loss) carried forward14 | €21k | €16k | €8k | €1k | €-6k | ▼ 634% |
| Amounts payable17/49 | - | €313 | €64 | €95 | €78 | ▼ 17.8% |
| Amounts payable within one year42/48 | - | €313 | €64 | €95 | €78 | ▼ 17.8% |
| Trade debts44 | - | €313 | €64 | €95 | €78 | ▼ 17.8% |
| Suppliers440/4 | - | €313 | €64 | €95 | €78 | ▼ 17.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-854 | €-5k | €-8k | €-7k | €-7k | ▼ 1.6% |
| + Depreciation and write-downs630 | - | - | €270 | €270 | €270 | = |
| Operating cash flow (approximation) | €-854 | €-5k | €-8k | €-7k | €-7k | ▼ 1.7% |
| Investment in fixed assets (approximation) | - | €0 | €-1k | €0 | €0 | - |
| Change in cash | - | €-542 | €-478 | €-113 | €-206 | ▼ 81.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-07
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
Liquidity triplescurrent ratio 253.55
Current ratio from 81.71 to 253.55; short-term debt falls from €313 to €64.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €326
Net result €326 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 654.71
Current ratio from 275.16 to 654.71; short-term debt falls from €120 to €51.
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 14 days late
2018
15-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 15 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2000
Ground area
137 m²
Building footprint
76 m²
Volume, LiDAR
920 m³
Parcel 21673D0154/00P016, Brussels · tallest building 18.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Marie-Josélaan 128, 1200 Sint-Lambrechts-Woluwe
since 20002.093.739.357
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21673D0154/00P016 | Brussels | 137 m² | 1 · 76 m² | 18.1 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 4,644 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-03-2000
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.