Debts
€43,515 122% of the balance sheet
After one year 3%Within one year 97%
Of this, €42,160 falls due within a year.
MAGIC
Lifetime
6 annual accounts with figures on one time axispeak €24,668 (2018)
€7,572▼ 63.0%
lowest -€17,333 (2017)
€3,962▲ 11×
peak €18,606 (2015)
-€7,990▲ €3,962
€43,515▲ 23.0%
Board3 names since 2019
-
Documentsfilings and deeds
24-08-202124 days late
2020micro format
Gross margin from €20,467 to €7,572Result from €349 to €3,962Resignation: Basaran Faruk (director) 04-09Equity from -€11,952 to -€7,990Debts from €35,373 to €43,515Cash from €286 to €6
Key points
from the 2020 annual accounts, the last ones filedLiquidity
0.65 was 0.24 in 2019
Short-term debts rose from €16,552 to €42,160.
Filings
6 annual accounts 6 late
The 2015 accounts came latest: 54 days after the end of the period.
No score
Recent changes
Bankruptcy closure (by liquidation)
Enterprise Court of Antwerp, Hasselt division · judgment of 21-01-2025 · Bankruptcy
Bankruptcy published
Enterprise Court of Antwerp, Hasselt division · judgment of 19-10-2023 · Bankruptcy
Judicial dissolution, liquidator appointed
Enterprise Court of Antwerp, Hasselt division · Geeraert Vincent · judgment of 05-10-2023 · Bankruptcy
Resignation: Basaran Faruk (director)
Appointment: Oulkadi Mostafa (director) · General meeting of 14-08-2020 · Gazette deed
Official details
Source: KBO- Status
- Inactivedeed of incorporation of 21-11-2014 · bankruptcy closed on 21-01-2025
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on MAGIC
Equity fell from €18,606 in 2015 to -€7,990 in 2020, while debts rose from €33,250 to €43,515.
On 19 October 2023 the court declared MAGIC bankrupt.
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 0567.950.044. The VAT number is the same number with BE in front: BE 0567.950.044.
- What is the legal form of MAGIC?
- Legal form of MAGIC: BVBA.
- Is MAGIC still active?
- No. MAGIC is inactive in the KBO register.Company details
- What is the turnover of MAGIC?
- The turnover in financial year 2020 is ≈ €58,000. This figure is estimated from the gross margin of €7,572 and 6,299 comparable companies of the same size. It probably lies between €26,000 and €140,000. It is a rough estimate. In financial year 2018 turnover was €116,812.Financials
- Is MAGIC profitable?
- In financial year 2020, MAGIC made a profit of €3,962.
- Where can I find the annual accounts of MAGIC?
- MAGIC filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2020.