Equity
€27,847 from €91,264 in 2012
Equity fell by 69% in 13 years.
Magic
Lifetime
20 annual accounts with figures on one time axis, 29 filings since 1997peak €350,355 (2009)
-€10,559▼ €19,613
lowest -€56,275 (2022)
-€12,207▼ €19,412
peak €91,264 (2012)
€27,847▼ 30.5%
€100,341▼ 43.1%
peak 1.5 FTE (2006)
-not published
Board4 names since 2020
2 directors and 1 other
Owners
75%
Documentsfilings and deeds
29-08-202629 days late
2025financial year
Gross margin from €9,054 to -€10,559Loss of €12,207Equity from €40,054 to €27,847Debts from €176,269 to €100,341Cash from €50,022 to €16,038
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,450 companies had the same profile as Magic has now. Each dot stands for 7 companies, two years later.
93.3%
were still trading
5.0%
stopped another way
1.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 2,450 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
Managing director,
Director, since 24-06-2023
- 75%score equity €26,696 (2025) · 2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0458109224
Capital increase of €25,673.61 to €132,646.99
Capital from €106,973.38 to €132,646.99, 600 new shares · Contribution: · General meeting of 30-05-2024 · Gazette deed
Capital increase of €45,000 to €106,973.38
Capital from €61,973.38 to €106,973.38 · Reappointments: (managing director and chair of the board) and (director) · Permanent representative: · Gazette deed
Registered office moved within Oudenaarde
New registered office: Doornikse Heerweg 174 te 9700 Oudenaarde · Previous registered office: Melden 46 te 9700 Oudenaarde · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Magic Oudenaarde | €128,188 | -€10,559 | 21.7% | - |
| CLOSE MUSIC Haacht | €115,650 | -€9,294 | 96.2% | - |
| PURE MUSIC Uccle | €124,091 | -€18,761 | -165.4% | - |
| SHA - DO Uccle | €229,825 | -€4,425 | 68.0% | - |
| HOT TOWN MUSIC Ninove | €101,803 | €3,525 | 99.5% | - |
| ABSYNTHE MINDED Destelbergen | €91,421 | -€13,599 | 45.7% | - |
| DEPOORTERE JAN-FRANS Kampenhout | €86,474 | -€2,095 | 40.3% | - |
These companies have the same main activity as Magic: motion picture, video and television programme production, sound recording and music publishing activities (NACE 59203). They are comparable in size and age: total assets between €86,500 and €230,000, founded between 1991 and 2007.
Official details
Source: KBO- Status
- Active since 10-06-1996Normal situation
- Activity
- Motion picture, video and television programme production, sound recording and music publishing activitiesNACE 59203and 2 others
- Establishment unit
- 2.122.380.7849700 Oudenaarde, since 11-02-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Insights on Magic
Magic has existed since 1996. The gross margin fell from €211,761 in 2014 to €88,975 in 2015.
holds 75% of the shares. In June 2023, the Official Gazette published the appointment of as managing director.
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 0458.109.224. The VAT number is the same number with BE in front: BE 0458.109.224.
- Where is Magic based?
- The registered office is at Doornikse Heerweg 174, 9700 Oudenaarde.Company details
- What does Magic do?
- According to the KBO register, the main activity is motion picture, video and television programme production, sound recording and music publishing activities (NACE 59203).
- What is the legal form of Magic?
- Magic is a public limited company (NV).
- When was Magic founded?
- Magic was founded on 10-06-1996.
- Is Magic still active?
- Yes, Magic is an active enterprise in the KBO register.
- What is the turnover of Magic?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is Magic profitable?
- In financial year 2025, Magic made a loss of €12,207.
- Where can I find the annual accounts of Magic?
- Magic filed 29 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
Next steps
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