MAGIC DRIVE
The computed 12-month bankruptcy probability of MAGIC DRIVE is 3.6% (moderate). The 2025 annual accounts show equity of €39k and a net result of €-1k. Equity is growing by ~37.6% per year across the filed fiscal years. Its solvency ranks better than 91% of 4219 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €39k |
| Net result | €-1k |
| Better than sector | 91% |
| Active | 3 yrs |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 87.6% | 39.2% | |
| Net result | €-1k | €6k | |
| Equity | €39k | €38k | |
| Gross operating margin | €17k | €41k | |
| Staff costs | €9k | €50k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | €90k | - |
| EBITDA | €6k | €35k | €9k |
| Net profit | €-1k | €31k | €8k |
| Cash flow | €5k | €35k | €9k |
| Staff costs | €9k | €7k | €2k |
| Income taxes | €1k | - | - |
| Dividends | - | - | - |
| Total assets | €45k | €59k | €29k |
| Equity | €39k | €40k | €10k |
| Debt | €6k | €19k | €20k |
| of which ≤ 1y | €6k | €19k | €20k |
| of which > 1y | - | - | - |
| Working capital | €21k | €33k | €-2k |
| Employees (FTE) | - | - | - |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 4.79 | 2.75 | 0.91 |
| Quick ratio | 4.79 | 2.75 | 0.91 |
| Working capital ratio | 46.9% | 55.9% | -6.3% |
| Solvency | 87.6% | 68.1% | 33.1% |
| Debt / equity | 0.14 | 0.47 | 2.02 |
| Long-term debt ratio | - | - | - |
| Interest coverage | 57.10 | 984.30 | 5026.88 |
| Gross margin | - | 47.9% | - |
| Net margin | - | 33.9% | - |
| ROA | -2.8% | 51.7% | 26.3% |
| ROE | -3.2% | 76.0% | 79.4% |
| EBITDA margin | - | 38.8% | - |
| Days sales outstanding | - | 77d | - |
| Days payable outstanding | - | 6d | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €45k | €59k | €29k |
| Fixed assets | 21/28 | €18k | €7k | €12k |
| Tangible fixed assets | 22/27 | €18k | €7k | €12k |
| Current assets | 29/58 | €26k | €52k | €18k |
| Amounts receivable within one year | 40/41 | €8k | €19k | €5k |
| Cash & bank | 54/58 | €19k | €33k | €13k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €45k | €59k | €29k |
| Equity | 10/15 | €39k | €40k | €10k |
| Contributions / capital | 10/11 | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €37k | €38k | €8k |
| Amounts payable | 17/49 | €6k | €19k | €20k |
| Amounts payable within one year | 42/48 | €6k | €19k | €20k |
| Trade debts payable within one year | 44 | €1k | €826 | €1k |
| Income statement | ||||
| Turnover | 70 | - | €90k | - |
| Gross operating margin | 9900 | €17k | €43k | €11k |
| Operating result | 9901 | €-89 | €31k | €8k |
| Financial income | 75 | - | - | €0 |
| Financial charges | 65 | €107 | €36 | €2 |
| Result before taxes | 9903 | €-196 | €31k | €8k |
| Income taxes | 67/77 | €1k | - | - |
| Net result for the period | 9904 | €-1k | €31k | €8k |
| Result to be appropriated | 9905 | €-1k | €31k | €8k |
-
Current31-07-2026 → present
Former directors (1)
-
Former- → 12-08-2026
| NACE primary | On-demand passenger transport by chauffeured vehicle(49330) |
| Legal form | Private limited company(610) |
| Incorporation | 25-11-2022 |
| Status | Active |
| Postal code | 2830 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12040A0297/00F004 | Flanders | 197 m² | - | - |
| 12342C0034/00X003 | Flanders | 153 m² | 1 · 89 m² | 9.1 m · 2 fl. |
12-08
State Gazette act
Registered office · Capital & shares · Resignations & appointmentsGeneral meeting · Director resignation · Director appointment5 facts ▸
- General meeting, 31/07/2026
- Director resignation, Dhalfa Mourad (bestuurder)
- Director appointment, Dhalfa Hicham (bestuurder)
- Share transfer, Dhalfa Mourad → Dhalfa Hicham
- Registered-office move, Boomsesteenweg 54 /101, 2830 Willebroek
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
12-08-2026 General meeting · Officer resignation · Officer appointment · Share transfer
- Publication: 12/08/2026 · MAGIC DRIVE
- Filing: 04/08/2026 · MAGIC DRIVE
- General meeting: 31/07/2026 · MAGIC DRIVE
- Officer resignation: role: bestuurder · Dhalfa Mourad
- Officer appointment: role: bestuurder, start_date: 2026-07-31 · Dhalfa Hicham
- Share transfer: count: 100 · Dhalfa Mourad
- Seat change: to: Boomsesteenweg 54 /101, 2830 Willebroek, from: Parklaan 12, 2830 Willebroek · MAGIC DRIVE
Technical details
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}| Legal nameNL | MAGIC DRIVE |