MAGIC
ActiveSummary
MAGIC has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9,442 and a net result of €8,188. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 34% of 22,581 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MAGIC
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Onbepaalde duur, voorzitter benoemd door algemene vergadering met gewone meerderheid van stemmen” (deed in Dutch)“Algemene vergadering gerechtigd opzeggingsvergoeding of -termijn toe te kennen, wanneer bestuurders collegiaal orgaan vormen en plaats…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Monday of May at 17:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Onder alle aandelen gelijk in natura en/of in geld verdeeld, vroegtijdige ontbinding” (deed in Dutch)