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MAGIC-ARTISTS

Inactive
KBO/BCE: BE 0770.656.783

MAGIC-ARTISTS was declared bankrupt on 02-07-2024 (Tribunal de l’entreprise du Hainaut, division Charleroi); the bankruptcy was closed for insufficient assets by judgment of 19-01-2026, published in the Belgian State Gazette on 30-01-2026.

Summary

Inactive; last annual accounts for fiscal year 2022.

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MAGIC-ARTISTSInactive
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 08-01-2024, 161 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filing
Deviation from the deadline
2022
161 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2022 accounts 161 days after the deadline; the Belgian median for financial year 2022 is 3 days before the deadline, and 42% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MAGIC-ARTISTS has filed annual accounts once, for fiscal year 2022.1 On 2 July 2024 the company was declared bankrupt; the bankruptcy was closed on 19 January 2026.23

  1. 1National Bank, annual accounts 2022
  2. 2Belgian State Gazette, 10-07-2024
  3. 3Belgian State Gazette, 30-01-2026

Financials · fiscal year 2022, abbreviated schema

Equity
€582
Total assets
€1,160
Net result
-€1,418
Working capital
Not included in this filing

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Equity and liabilities €1,160
Equity €582
Debt €578
Debt finances 49.9% of the balance-sheet total.
Key figures and ratios
2022 value
EBITDA
-€1,077
Cash flow
-€1,128
Interest coverage
-20.79
Debt ≤ 1 year
€578
Ratios withheld: a balance sheet total of €1,160 is too small for a meaningful ratio.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 · 24 lines
Balance sheet Code2022
Assets
Total assets20/58€1,160
Formation expenses20€1,160
Equity and liabilities
Total equity and liabilities10/49€1,160
Equity10/15€582
Contributions10/11€2,000
Capital10€2,000
Issued capital100€2,000
Profit (loss) carried forward14-€1,418
Amounts payable17/49€578
Amounts payable within one year42/48€578
Financial debts43€490
Credit institutions430/8€490
Other amounts payable47/48€88
Income statement Code2022
Goods, raw materials, services and sundry goods60/61€1,179
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€290
Other operating charges640/8€548
Gross operating margin9900-€529
Operating profit (loss)9901-€1,367
Financial charges65/66B€52
Recurring financial charges65€52
Profit (loss) for the period before taxes9903-€1,418
Profit (loss) for the period9904-€1,418
Profit (loss) for the period to be appropriated9905-€1,418
Appropriation of the result
Profit (loss) to be appropriated9906-€1,418
Line2022
Goods, raw materials, services and sundry goods60/61€1,179
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€290
Other operating charges640/8€548
Gross operating margin9900-€529
Operating profit (loss)9901-€1,367
Financial charges65/66B€52
Recurring financial charges65€52
Profit (loss) for the period before taxes9903-€1,418
Profit (loss) for the period9904-€1,418
Profit (loss) for the period to be appropriated9905-€1,418
Line2022
Assets
Total assets20/58€1,160
Formation expenses20€1,160
Equity and liabilities
Total equity and liabilities10/49€1,160
Equity10/15€582
Contributions10/11€2,000
Capital10€2,000
Issued capital100€2,000
Profit (loss) carried forward14-€1,418
Amounts payable17/49€578
Amounts payable within one year42/48€578
Financial debts43€490
Credit institutions430/8€490
Other amounts payable47/48€88
Line2022
Profit (loss) for the period9904-€1,418
+ Depreciation and write-downs630€290
Operating cash flow (approximation)-€1,128

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
30-01
Bankruptcy Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise du Hainaut, division Charleroi · event 19-01-2026
2024
10-07
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · event 02-07-2024
08-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 161 days late
SignalNBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint

Insolvency mandates

1 mandate
Role Name Tenure
Curator ANNE-CATHERINE SCIAMANNA
RUE DU PARC, 42, 6140 FONTAINE-L’EVEQUE- . Date provisoire de cessation de paiement : 02/07/2024
 02-07-2024 → 19-01-2026

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