Equity
€18,789 ▼ 42.7%
MAGIC paid out €15,000 in dividends. That is 1,482% of the 2025 profit.
MAGIC
Lifetime
9 annual accounts with figures on one time axispeak €41,770 (2017)
€7,963▼ 43.3%
lowest -€13,271 (2020)
€1,012▼ 86.7%
peak €36,653 (2018)
€18,789▼ 42.7%
€24,573▲ 812%
peak 1.2 FTE (2018)
-not published
Board1 name since 2016
1 director
Documentsfilings and deeds
23-07-20268 days before the deadline
2025micro format
Gross margin from €14,034 to €7,963Result from €7,606 to €1,012Dividend €15,000Equity from €32,777 to €18,789Debts from €2,693 to €24,573
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, 10,902 companies had the same profile as MAGIC has now. Each dot stands for 28 companies, two years later.
95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
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.
| 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 10,902 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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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0656624573
Reappointment: (director)
“Kapsalon; Klein en groothandel,import en export van alle producten te maken met kappersproducten en…” (deed in Dutch) · Legal-form conversion: from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company · Gazette deed
Incorporation
Founders: , and · Founding capital of €18,600, 100 shares · Appointment: (director) · published on 16-06-2016 · Gazette deed
First establishment
MAGIC TRENDY & CHIC HAIR, August Van Landeghemstraat 14, Willebroek
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MAGIC Willebroek | €43,361 | €7,963 | 43.3% | - |
| CHAFIK Kortrijk | €45,971 | €8,785 | -43.2% | - |
| MALIMAY Berchem-Sainte-Agathe | €47,445 | €8,498 | 31.0% | - |
| A.B. Coiffure Visagiste Saint-Ghislain | €39,563 | €10,616 | 20.4% | - |
| Nasro Antwerp | €33,999 | €6,890 | 82.2% | - |
| MAIKEL NISSAN Mechelen | €30,004 | €6,993 | 76.0% | - |
| A & A Bornem | €36,633 | €13,509 | 5.5% | - |
These companies have the same main activity as MAGIC: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €30,000 and €47,400, founded between 2015 and 2017.
Official details
Source: KBO- Status
- Active since 14-06-2016Normal situation
- Activity
- Hairdressing and barber servicesNACE 96210and 3 others
- Joint committee
- 314Hairdressing and beauty care · annual accounts 2024
- Establishment unit
- 2.253.966.8282830 Willebroek, since 14-06-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 23-09-2025
Annual accounts 2025
- ≈ €54,000estimated
- €43,361▲ 22.2%
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Insights on MAGIC
MAGIC files the micro format. That format states no turnover. The gross margin fell from €41,770 in 2017 to €7,963 in 2025.
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 0656.624.573. The VAT number is the same number with BE in front: BE 0656.624.573.
- Where is MAGIC based?
- The registered office is at August Van Landeghemstraat 14, 2830 Willebroek.Company details
- What does MAGIC do?
- According to the KBO register, the main activity is hairdressing and barber services (NACE 96210).
- What is the legal form of MAGIC?
- MAGIC is a private limited company (BV).
- When was MAGIC founded?
- MAGIC was founded on 14-06-2016.
- 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 0.5 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- Which joint committee does MAGIC fall under?
- In its 2024 annual accounts, MAGIC states joint committee 314 (Hairdressing and beauty care).
- What is the turnover of MAGIC?
- The turnover in financial year 2025 is ≈ €54,000. This figure is estimated from the gross margin of €7,963 and 93 comparable companies (NACE 96210). It probably lies between €32,000 and €100,000. It is a rough estimate.
- Is MAGIC profitable?
- In financial year 2025, MAGIC made a profit of €1,012.
- Where can I find the annual accounts of MAGIC?
- MAGIC filed 9 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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