ELECTRA MAGIC
ActiveFrom the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
ELECTRA MAGIC has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40,094 and a net result of €29,459. Its solvency ranks better than 85% of 1,684 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Official details
KBO- Status
- Active since 22-03-2024 Normal situation
- Legal form
- Private limited company
- Registered office
- Oudesmidsestraat 20, 1700 Dilbeek
- Activity
- Repair, maintenance and installation of machinery and equipment NACE 33130and 5 others
- Establishment unit
- 2.357.479.288 1000 Brussel, since 01-04-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.8%
- Turnover
- €158,534
- ▲ 158%
- Profit
- €29,459
- ▲ 241%
- Equity
- €40,094
- ▲ 277%
- Total assets
- €51,028
- ▲ 266%
Score breakdownraises riskSize: turnover €158,534, total assets €51,028Founded in 2024lowers riskLiquidity: current ratio 3.38, cash €13,438Equity €40,094 (78.6% of total assets)Show the evidence
Checked score
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 33, micro). It does better than 91% of them on solvency, 74% on liquidity, 90% on profitability and 94% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
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).
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Signals
The company filed its last 2 accounts on average 6 days before the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 11-07-2026
- Format
- micro format
- Reference
- 2026-00281767
2024 to 2025, 2 financial years
The operating result for 2025 is nearly 3.4 times that of 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Repair, maintenance and installation of machinery and equipment (NACE 33). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Companies with the same profile, two years later
Historical observationIn July 2024, 39,278 companies had the same profile as ELECTRA MAGIC has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of ELECTRA MAGIC itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,445 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 39,278 companies, not a prediction for ELECTRA 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Turnover70 | €61,511 | €158,534 | ▲ 158% |
| Goods, raw materials, services and sundry goods60/61 | €52,295 | €119,511 | ▲ 129% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,108 | €2,931 | ▲ 165% |
| Other operating charges640/8 | - | €856 | - |
| Gross operating margin9900 | €12,178 | €41,108 | ▲ 238% |
| Operating profit (loss)9901 | €11,070 | €37,321 | ▲ 237% |
| Financial income75/76B | - | €256 | - |
| Recurring financial income75 | - | €256 | - |
| Financial charges65/66B | €59 | €55 | ▼ 7.7% |
| Recurring financial charges65 | €59 | €55 | ▼ 7.7% |
| Profit (loss) for the period before taxes9903 | €11,011 | €37,522 | ▲ 241% |
| Income taxes67/77 | €2,376 | €8,063 | ▲ 239% |
| Profit (loss) for the period9904 | €8,635 | €29,459 | ▲ 241% |
| Profit (loss) for the period to be appropriated9905 | €8,635 | €29,459 | ▲ 241% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €13,923 | €51,028 | ▲ 266% |
| Fixed assets21/28 | €4,592 | €14,038 | ▲ 206% |
| Tangible fixed assets22/27 | €4,592 | €14,038 | ▲ 206% |
| Furniture and vehicles24 | €4,592 | €14,038 | ▲ 206% |
| Current assets29/58 | €9,331 | €36,989 | ▲ 296% |
| Amounts receivable within one year40/41 | €6,279 | €23,551 | ▲ 275% |
| Trade receivables40 | €5,808 | €18,389 | ▲ 217% |
| Other amounts receivable41 | €471 | €5,163 | ▲ 996% |
| Cash at bank and in hand54/58 | €3,052 | €13,438 | ▲ 340% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €13,923 | €51,028 | ▲ 266% |
| Equity10/15 | €10,635 | €40,094 | ▲ 277% |
| Contributions10/11 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €8,635 | €38,094 | ▲ 341% |
| Amounts payable17/49 | €3,288 | €10,934 | ▲ 233% |
| Amounts payable within one year42/48 | €3,288 | €10,934 | ▲ 233% |
| Trade debts44 | - | €495 | - |
| Suppliers440/4 | - | €495 | - |
| Taxes, remuneration and social security45 | €2,694 | €10,439 | ▲ 287% |
| Taxes450/3 | €2,694 | €10,439 | ▲ 287% |
| Other amounts payable47/48 | €594 | - | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €8,635 | €29,459 | ▲ 241% |
| + Depreciation and write-downs630 | €1,108 | €2,931 | ▲ 165% |
| Operating cash flow (approximation) | €9,743 | €32,390 | ▲ 232% |
| Investment in fixed assets (approximation) | - | -€12,378 | - |
| Change in cash | - | €10,386 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Comparable companies
These companies have the same main activity as ELECTRA MAGIC: repair, maintenance and installation of machinery and equipment (NACE 33130). They are comparable in size and age: total assets between €47,000 and €76,000, founded between 2022 and 2024.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| ELECTRA MAGIC Dilbeek | 2024 | €51,028 | €40,094 | €41,108 | €158,534 | €29,459 | 2025 |
| Proron Hulshout | 2024 | €63,854 | €50,848 | €37,283 | - | €27,816 | 2025 |
| AUDIVISION Sint-Agatha-Berchem | 2024 | €47,033 | €39,542 | €31,350 | - | €27,786 | 2025 |
| SMC OPTIC'S Châtelet | 2023 | €54,876 | €2,877 | €47,760 | - | -€6,054 | 2025 |
| OBSAVERS Chaudfontaine | 2024 | €65,793 | €57,044 | €26,742 | - | €24,036 | 2025 |
| ADN ELEC Verlaine | 2022 | €52,795 | €13,407 | €50,465 | - | €3,383 | 2025 |
| Jumi Technics Veurne | 2023 | €76,011 | €27,276 | €30,215 | - | €13,009 | 2025 |
They were chosen from the 84 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| AHMAD Hassan |
|
The board according to the articles of association
Board and representation
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alone
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Één of meer bestuurders, natuurlijke personen of rechtspersonen al dan niet aandeelhouder”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Algemene vergadering, vereisten voor statutenwijziging”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Bestuurder(s) in functie als vereffenaar(s) krachtens statuten indien geen andere vereffenaar benoemd”
Articles of association, deed of 26-03-2024
Owners and capital
Capital transactions
- AHMAD Hassan 100 shares (100%) · €2,000 in cash
- 26-03-2024 Incorporation · €2,000 · 100 shares
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “100, Ieder aandeel geeft een gelijk recht in de winstverdeling”“Op naam, register van aandelen op naam”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Ten minste vijftien dagen, Nieuwe aandelen waarop in geld wordt ingeschreven”
Other provisionsThese rules from the articles cover subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 26-03-2024 (in Dutch)
Group and network
Connections & network
1 current directorThe network starts from the directors of ELECTRA MAGIC. Every other company they run is a node.
History
Acts, filings and financial milestones
30-10
Gazette deed
Registered officeRegistered-office move2 points ▸
- Board meeting, 15-09-2024
- Registered-office move, Oudesmidsestraat 20,1700 Dilbeek
26-03
Gazette deed
IncorporationAppointment: AHMAD Hassan (director) · Founder · Founding capital10 points ▸
- Founder, AHMAD Hassan (comparant)
- Other provision, “beëdigd vertaler Frans-Arabisch, bijstand bij oprichtingsakte” (deed in Dutch)
- Incorporation, “ELECTRA MAGIC” (deed in Dutch)
- Founding capital, €2,000
- Bank account, 2000, EUR
- Other provision, “vanaf heden, beschikking over gestort bedrag” (deed in Dutch)
- Board rule, 1
- Director appointment, AHMAD Hassan (director (not named in the articles))
- Other provision, “begin werkzaamheden, dag van verkrijging rechtspersoonlijkheid, hetzij dag van neerlegging ter griffie van uitgifte oprichtingsakte overeenkomstig wet” (deed in Dutch)
- Other provision, “vertaling akte, akte en commentaar in het Arabisch vertalen” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1007.481.590
Financial year and general meeting
Accounts at the NBBThe scores and ratios are Checked's own calculations, not a credit decision.
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21814P0431/00X015 | Brussels | 2,856 m² | 1 · 2,182 m² | 12.0 m · 2 |
| 23016D0063/00W002 | Flanders | 300 m² | 1 · 299 m² | 12.6 m · 3 |