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MAGIC

Active Public limited companyfounded 1991active for 34 yearsWinston Churchilllaan 11, 1180 UccleKBO/BCE: BE 0445.857.827

Lifetime

20 annual accounts with figures on one time axis, 34 filings since 1992
peak €235,419 (2006)
-€31,866▼ €41,731
lowest -€79,337 (2007)
-€39,020▼ €40,798
peak -€5,514 (2020)
-€73,308▼ €39,020
€123,917▼ 35.4%
peak 3.5 FTE (2006)
-not published
Board2 names since 2020
2 directors and 1 other
Documentsfilings and deeds
23-04-202699 days before the deadline
2025financial year
Gross margin from €9,864 to -€31,866Loss of €39,020Equity from -€34,288 to -€73,308Debts from €191,684 to €123,917Investments €3,925Cash from €12,262 to €26,403

Key points

from the 2025 annual accounts

Equity

-€73,308
202020212022202320242025

Debts exceed assets in financial year 2025.

Debts

€123,917 245% of the balance sheet
Suppliers 25%Taxes and wages 1%Other 74%

Of this, €109,404 falls due within a year.

Investments

€3,925 2.1 × depreciation
2021202320242025

Green is investment, beige is depreciation.

Liquidity

0.40 was 0.85 in 2024

Short-term debts fell from €180,224 to €109,404.

Position in the sector

-144.9%

Lower solvency than 95% of companies in wholesale trade. Sector median 43.8% · 3,761 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,618 companies had the same profile as MAGIC has now. Each dot stands for 17 companies, two years later.

84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 1.0% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 6,618 companies, not a prediction for 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
  • 1,225 sharesdeed of 05-06-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0445857827
Registered office moved from Forest to Uccle New registered office: Avenue Winston Churchill 11, 1180 Uccle · Previous registered office: Rue Saint-Denis 117, 1190 Forest · holds 1,225 shares · General meeting of 20-05-2020 · Gazette deed
First establishment MAGIC SA, Winston Churchilllaan 11, Uccle
All 44 events

Comparable companies

same main activity, similar in size and age
Company
MAGIC Uccle €50,609 -€31,866 -144.9% -
ETS DAOUD Anderlecht €49,132 €1,283 -261.6% -
Bruno Services Mettet €54,358 €460 98.2% -
LA CHAUMIERE CADEAUX Wavre €46,330 -€5,045 90.3% -
KEEP ON ROCKIN' Beveren-Kruibeke-Zwijndrecht €55,088 -€13,576 84.4% -
GALERIE ANNETTE DE KEYSER Antwerp €41,683 -€20,362 -200.0% -
PLANT TECHNOLOGY PRODUCTIONS Brussels €67,856 -€1,628 74.6% -

These companies have the same main activity as MAGIC: wholesale of other household goods (NACE 46499). They are comparable in size and age: total assets between €41,700 and €67,900, founded between 1990 and 1993.

Official details

Source: KBO
Status
Active since 06-12-1991Normal situation
Registered office
64 active companies are registered at this addressSource: KBO register, as of 12 November 2026.
Activity
Wholesale of other household goodsNACE 46499and 1 other
Establishment unit
2.056.555.5941180 Uccle, since 13-03-1992
Financial year end
31 December
Peppol
Reachable since 29-12-2025
Company details

Annual accounts 2025

€50,609▼ 67.8%
Filing
Filed on 23-04-2026, 99 days before the end of the filing period
Financials

Insights on MAGIC

MAGIC has existed since 1991. The gross margin fell from €235,419 in 2006 to €28,769 in 2007.

Solvency fell in 2025 from -21.8% to -144.9% because of the loss.

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 MAGIC

What is the company number of MAGIC?
The company number of MAGIC is 0445.857.827. The VAT number is the same number with BE in front: BE 0445.857.827.
Where is MAGIC based?
The registered office is at Winston Churchilllaan 11, 1180 Uccle.Company details
What does MAGIC do?
According to the KBO register, the main activity is wholesale of other household goods (NACE 46499).
What is the legal form of MAGIC?
MAGIC is a public limited company (NV).
When was MAGIC founded?
MAGIC was founded on 06-12-1991.
Is MAGIC still active?
Yes, MAGIC is an active enterprise in the KBO register.
How many employees does MAGIC have?
MAGIC had an average of 0.7 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
What is the turnover of MAGIC?
The annual accounts for financial year 2025 state no turnover.
Is MAGIC profitable?
In financial year 2025, MAGIC made a loss of €39,020.
Where can I find the annual accounts of MAGIC?
MAGIC filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MAGIC due?
MAGIC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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