Starting capital
€5,000 100 shares
MAGIC DRIVER
Lifetime
1 annual account with figurespeak €61,113 (2024)
€61,113
peak €6,321 (2024)
€6,321
peak €11,321 (2024)
€11,321
€12,316
Board2 names since 2024
1 directorAghasiARSHAKYAN
Documentsfilings and deeds
23-09-202554 days late
2024micro format
Registered office moved within Wemmel 05-11Incorporation 21-021 establishment registeredFirst year with figures
Key points
from the 2024 annual accountsAt the same address
41 companies
2024 accounts filed 54 days after the deadline
Checked score
38
Weak
Financially stronger than 59% of micro companies in land transport (NACE 49)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.9% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 9,097 companies (NACE 49, micro).
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
03-2025: 6.5%
04-2025: 6.5%● unchanged vs 03-2025
05-2025: 6.7%▲ +0.2 percentage points vs 04-2025
06-2025: 6.9%▲ +0.2 percentage points vs 05-2025
07-2025: 7.1%▲ +0.2 percentage points vs 06-2025
08-2025: 7.6%▲ +0.5 percentage points vs 07-2025
09-2025: 7.9%▲ +0.3 percentage points vs 08-2025
10-2025: 5.6%▼ -2.3 percentage points vs 09-2025
11-2025: 5.5%▼ -0.1 percentage points vs 10-2025lowest value
12-2025: 5.5%● unchanged vs 11-2025lowest value
01-2026: 5.7%▲ +0.2 percentage points vs 12-2025
02-2026: 5.8%▲ +0.1 percentage points vs 01-2026
03-2026: 5.9%▲ +0.1 percentage points vs 02-2026
04-2026: 7.0%▲ +1.1 percentage points vs 03-2026
05-2026: 7.5%▲ +0.5 percentage points vs 04-2026
06-2026: 7.6%▲ +0.1 percentage points vs 05-2026
07-2026: 7.6%● unchanged vs 06-2026
08-2026: 7.9%▲ +0.3 percentage points vs 07-2026
09-2026: 7.8%▼ -0.1 percentage points vs 08-2026
10-2026: 10.5%▲ +2.7 percentage points vs 09-2026highest value
11-2026: 5.9%▼ -4.6 percentage points vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
1 financial year not filed after the legal deadline; last filed accounts filed 54 days late; 1 of the last 3 accounts late
Figures for financial year 2024 (filed on 24-09-2025)
Size: turnover €61,113, total assets €23,638
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro). It does better than 60% of them on solvency, 31% on liquidity and 85% on profitability.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as MAGIC DRIVER has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MAGIC DRIVER itself is higher: 5.9% within 12 months. It rests on far more data about MAGIC DRIVER than the profile alone.
Test of the method
The method was tested on the 497,447 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 39,278 companies, not a prediction for MAGIC DRIVER. 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
No publishable credit limit, so credit only on tighter terms
Liquidity is insufficient, with a current ratio of 0.72, below 1. Short-term debt is 52.1% and cash 8.8% of total assets. 52.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises risk
raises risk · 2024 accounts filed 54 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2024
54 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its 2024 accounts 54 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1006163875
Appointment: AZIZYAN Ara (director)
General meeting of 02-09-2025 · Gazette deed
Registered office moved within Wemmel
New registered office: Koningin Astridlaan 59b - bus 9, 1780 Wemmel · Previous registered office: Lt Graffplein 15, 1780 Wemmel · Gazette deed
Incorporation
Founding capital of €5,000, 100 shares · Founder: ARSHAKYAN Aghasi (comparant) · Appointment: AghasiARSHAKYAN (director) · published on 21-02-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MAGIC DRIVER Wemmel | €23,638 | €10,731 | 47.9% | - |
| AL CHEIKH LILAS Wezembeek-Oppem | €21,413 | €9,166 | 54.6% | - |
| M&E eu Limousines Asse | €23,492 | €11,089 | 57.4% | - |
| AD MOBILITY Aalst | €24,531 | €10,553 | 57.2% | - |
| NOHAYA Brussels | €24,933 | €10,884 | 13.7% | - |
| OSYIF Waregem | €23,800 | €9,695 | -1.8% | - |
| Express Lelou La Louvière | €24,524 | €11,974 | 41.8% | - |
These companies have the same main activity as MAGIC DRIVER: on-demand passenger transport by chauffeured vehicle (NACE 49330). They are comparable in size and age: total assets between €21,400 and €24,900, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 19-02-2024Normal situation
- Registered office
- 42 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- On-demand passenger transport by chauffeured vehicleNACE 49330and 2 others
- Establishment unit
- 2.356.506.2211780 Wemmel, since 19-02-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Insights on MAGIC DRIVER
The computed 12-month bankruptcy probability of MAGIC DRIVER is 5.9% (elevated). The 2024 annual accounts show equity of €11,321 and a net result of €6,321.
Its solvency ranks better than 61% of 6,605 sector peers (NACE 49, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
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 DRIVER
- What is the company number of MAGIC DRIVER?
- The company number of MAGIC DRIVER is 1006.163.875. The VAT number is the same number with BE in front: BE 1006.163.875.
- Where is MAGIC DRIVER based?
- The registered office is at Koningin Astridlaan 59b, 1780 Wemmel.Company details
- What does MAGIC DRIVER do?
- According to the KBO register, the main activity is on-demand passenger transport by chauffeured vehicle (NACE 49330).
- What is the legal form of MAGIC DRIVER?
- MAGIC DRIVER is a private limited company (BV).
- When was MAGIC DRIVER founded?
- MAGIC DRIVER was founded on 19-02-2024.
- Is MAGIC DRIVER still active?
- Yes, MAGIC DRIVER is an active enterprise in the KBO register.
- What is the turnover of MAGIC DRIVER?
- The turnover of MAGIC DRIVER was €61,113 in financial year 2024, according to the filed annual accounts.Financials
- Is MAGIC DRIVER profitable?
- In financial year 2024, MAGIC DRIVER made a profit of €6,321.
- Where can I find the annual accounts of MAGIC DRIVER?
- MAGIC DRIVER filed 1 annual account with the National Bank of Belgium, for financial year 2024.
Next steps
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