Starting capital
€5,000 100 shares
MAGIC DRIVER
Overview
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.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
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.
Financials
Annual accounts 2024
micro format, filed on 23-09-2025, 54 days late€61,113
€8,122
€10,731
€8,930
47.9%
0.72
Money flows
of every €100 of turnover, €10.34 remains as profit in 2024Balance sheet
balance sheet total €23,638 on 31-12-2024What the company ownsHow it is paid for
Position in the sector
47.9%
Higher than 61% of 6,605 companies in 2024.
0.72
Higher than 24% of 6,323 companies in 2024.
26.7%
Higher than 87% of 6,384 companies in 2024.
MAGIC DRIVER
Middle half of the sector
80% of the sector
Micro accounts in land transport (NACE 49)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
23,638 | |
21/28 |
14,755 | |
22/27 |
14,755 | |
24 |
14,755 | |
29/58 |
8,882 | |
40/41 |
6,808 | |
40 |
17 | |
41 |
6,791 | |
54/58 |
2,074 | |
| Balance sheet: equity and liabilities | ||
10/49 |
23,638 | |
10/15 |
11,321 | |
10/11 |
5,000 | |
13 |
6,321 | |
133 |
6,321 | |
17/49 |
12,316 | |
42/48 |
12,316 | |
44 |
47 | |
440/4 |
47 | |
45 |
9,382 | |
450/3 |
9,382 | |
47/48 |
2,887 | |
| Income statement | ||
70 |
61,113 | |
9900 |
10,731 | |
60/61 |
50,382 | |
630 |
2,609 | |
9901 |
8,122 | |
75/76B |
55 | |
75 |
55 | |
65/66B |
93 | |
65 |
93 | |
9903 |
8,083 | |
67/77 |
1,762 | |
9904 |
6,321 | |
9905 |
6,321 | |
| Appropriation of the result | ||
9906 |
6,321 | |
691/2 |
6,321 | |
6921 |
6,321 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 23-09-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank2024 annual accounts filed 54 days after the deadline. Filed on 23 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00500819.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 23-09-2025 | 2025-00500819 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 |
|---|---|---|
| 10,731 | ||
| 8,930 | ||
| 17,364 | ||
| -3,434 | ||
| 13.3% | ||
| 47.9% | ||
| 0.72 | ||
| 1.09 | ||
| 55.8% | ||
| 26.7% | ||
| over 100 | ||
| 0 days | ||
| 0 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2024 |
|---|---|
| Tangible fixed assets | €17,364 |
| €2,609 |
Source: notes to the 2024 annual accounts (statement of fixed assets)
Insights on MAGIC DRIVER
Debt's share of the balance-sheet total is 52.1%.
Board & ownership
Board
2 directors, no change since 2025Director (not named in the articles)
appointed by deed of 21-02-2024
term without a fixed end
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “TITEL IV. BESTUUR - CONTROLE Artikel 10. Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of…”deed of 21-02-2024
Mandates through the years
2 names, the dashed line is todayAghasiARSHAKYAN
Director (not named in the articles)
Director (not named in the articles)
AZIZYAN Ara
Director
Director
Board
Mandates as a list
- AghasiARSHAKYAN
- Director (not named in the articles), appointed by deed of 21-02-2024, still in office
- AZIZYAN Ara
- Director, appointed by deed of 16-09-2025, still in office
Control
Founder
ARSHAKYANAghasi
This company
MAGIC DRIVER
Equity €11,321
Profit €6,321 in 2024
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €113 in 2024
- Source
- deed of 21-02-2024
Articles of association
deed of 21-02-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Artikel 12, algemene vergadering beslist of mandaat al dan niet ten kosteloze titel”
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 100 shares
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Monday of June at 19:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, een of meerdere vereffenaars aanduiden bevoegdheden omlijnen vergoeding bepalen”
Shareholders
At incorporation
deed of 21-02-2024 ↗
- ARSHAKYANAghasi 100 shares (100%) · €5,000 in cash
Network & group
No group
MAGIC DRIVER has no parent and no holdings in its annual accounts. MAGIC DRIVER shares no director with another company.
At the same address
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total assets €1.6m (2025) 0794.537.094 |
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total assets €1.3m (2025) 0715.655.013 |
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total assets €1.1m (2023) 0792.288.476 |
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| MALYA
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| FREDERIK DE VULDER - AVOCAT
registered office since 21-09-2015 · founded in 2015 |
total assets €643,147 (2025) 0632.606.581 |
Timeline
Timeline
6 events since 2024Board
Filings
Establishments
Address
202420252026
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1006163875
Annual accounts 2024 filed PDFmicro format · 54 days late
- General meeting, 02-09-2025
- Director appointment, AZIZYAN Ara
2024
Registered office moved within WemmelNew registered office: Koningin Astridlaan 59b - bus 9, 1780 Wemmel · Previous registered office: Lt Graffplein 15, 1780 Wemmel1 point ▸
- Registered-office move, Koningin Astridlaan 59b - bus 9, 1780 Wemmel
- The deed holds 1 more point.
IncorporationFounding capital of €5,000, 100 shares · Founder: ARSHAKYAN Aghasi (comparant) · Appointment: AghasiARSHAKYAN (director) · published on 21-02-20244 points ▸
- Founder, ARSHAKYAN Aghasi (comparant)
- Founding capital, €5,000, 100 shares
- Registered office clause, 1780Wemmel, LuitenantGraffplein15
- Director appointment, AghasiARSHAKYAN (director (not named in the articles))
- The deed holds 4 more points.
First establishment Koningin Astridlaan 59b, Wemmel
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 1006.163.875
- VAT number
- BE 1006.163.875
- Peppol ID
- 0208:1006163875
- Other Peppol ID
- 9925:BE1006163875
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 19-02-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Monday of June at 19:00deed of 21-02-2024 (in Dutch)
- Peppol
- Reachable since 23-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- MAGIC DRIVER in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 21-02-2024 (in Dutch)
Activities
NACEBEL 202549330
On-demand passenger transport by chauffeured vehicle main activity
52250
Logistics services
Codes under NACEBEL 2008
49320
Taxi operation main activity
49390
Land transport and transport via pipelines
52290
Warehousing and support activities for transportation
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Alleactiviteitenvanbriefwisseling,expresdienstenalleleverdienstenvanproducten,voedingen goederen van allesoorten…”deed of 21-02-2024 (in Dutch)
16 activities
- Alleactiviteitenvanbriefwisseling,expresdienstenalleleverdienstenvanproducten,voedingen goederen van allesoorten;
- Exploitatievanpersonenvervoersactiviteiten(taxi's,minibussen,limousines,enz.)entaxibedrijven;
- Verrichtenvanlogistiekedienstenentransportdiensten;
- Ondernemingvannationaleeninternationalevervoervangoederen en langs de weg;
- Groot-enkleinhandel,import,export,aankoop,verkoop,verhuurenreparatievanallevoertuigen,aldannietgemotoriseerd,elektrisch,enz.(auto's,vrachtwagens,bestelwagens,motorfietsen,fietsen,scooters,enz.),nieuw oftweedehands,aldannietvoorbedrijfsmatiggebruik,voorparticulierofberoepsmatiggebruik,alsmedeonderdelenen toebehoren daarvoor;
- Alleactiviteitenvanvoertuigenhandelaar,nieuw oftweedehandsenvoorbijgaanvantechnischecontrolevanvoertuigen;
- Exploitatievancarrosseriebedrijven,garages,benzinestation,carwash,onderhouds-enreparatiewerkplaatsenvoormotorvoertuigenofgemechaniseerdevoertuigen,vanbandenreparatie-,montage-envervangingswerkplaatsen,alsmededeexploitatievanwinkelsinonderdelen,gereedschappentoebehorenvoordezevoertuigen;
- Aankoop,verkoop,import,export,groot-endetailhandel,inclusiefe-commerce,vanalleartikelen,productenengoederen,foodennon-food;
- Algemeneondernemingvanbouwwerkenindebreedstezinvanhetwoord,metselwerk,tegelplaatsing,plafonneringswerk,beschotwerk,elektriciteit,plaveien,schilderwerk,dakwerken,sanitair,allegebouwwerken,vernieuwingenverbouwingevenalsbinnen-enbuitendecoratiewerkenvangebouwen,tuinen,afbraakwerken,afwerkingenplaatsingvansteigers,enz.;
- Koop,verkoop,import,exportingrooteninklein-handelvanallematerialenenvanuitrustingennodiginhetbouweninalgemeen;
- Alleloodgieters-encentrale-verwarmingswerkzaamheden,inclusiefinstallatieenreparatie;
- Alleactiviteiteninverbandmethetdomeinvanelektriciteit,indebreedstezinvanhetwoord,zoalskoop,verkoopingrooteninklein-handel,import,export,vanelektrischematerialen,installatie,aanverwanteactiviteitenenandere,enz.;
- Import,exportenplaatsingvanvenstersenraamwerkenzonnepanelen;
- Reiniging,desinfectieenonderhoudvanruiten,kantoren,lokalen,appartementen,huizen,gebouwen,commerciëleruimtes,bedrijven,industriëleruimtesenalleandereruimtesengebouwen;
- Onderhoudvanallerleiwerktuigen;
- Reinigingvanallerleistukkenenproducten,enditopalle mogelijke manieren zoals, onder meer, door zandstraling.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Koningin Astridlaan 59b registered office 1780 Wemmel | 19-02-2024 | 2.356.506.221 |
Buildings and parcels at the address
- Ground area
- 6,201 m²
- Buildings
- 1,886 m²
- Volume, LiDAR
- 19,322 m³
- Tallest building
- 15.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 22662B0407/00D011 | 6,201 m² | 1 · 1,886 m² | 15.3 m · 3 |