MAGIC HANDS

Active

Private limited company (pre-2019)founded 2014active for 12 yearsEmile Bockstaellaan 280, 1020 Brussel, BelgiumKBO/BCE: BE 0550.924.168

From the official registers: KBO 12 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

MAGIC HANDS has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,623 and a net result of €3,197. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 59% of 5,700 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow Report Compare

MAGIC HANDSActiveChecked score 89/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 25-04-2014 Normal situation
Legal form: Private limited company (pre-2019)
Registered office: Emile Bockstaellaan 280, 1020 Brussel
Activity: Hairdressing and barber services NACE 96210
Establishment unit: 2.232.686.414 1020 Brussel, since 25-04-2014
Financial year end: 31 December
Peppol: Reachable since 16-04-2026

Company details

Who decides

Board

EL FAQUIH Mauttaki AllahDirector

Board & ownership

How it is doing

89 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.3%

Annual accounts 2025

Gross margin: €3,202; ▼ 70.6%
Turnover: ≈ €22,000; estimated
Profit: €3,197; ▲ 17×
Equity: €3,623; ▲ 750%
Total assets: €9,650; ▲ 164%

2025 accounts filed 30 days late

Filed on 30-08-2026at the National Bank

Financials

Why 89raises riskLast filed accounts filed 30 days late; 2 of the last 3 lateSize: total assets €9,650lowers riskFounded in 2014Liquidity: current ratio 1.60, cash €2,663Show the evidence

Checked score

Score 2025

89 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 76% of its sector peers (NACE 96, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 63+26

equity 37.5% of total assets

Liquidity 52+28

short-term debt 62.5% · cash 27.6%

Profitability 100+49

return on assets 33.1%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,624 companies, NACE 96, micro)

Last 24 months 11-2024: 2.5% 12-2024: 3.2%▲ +0.7 percentage points vs 11-2024 01-2025: 4.8%▲ +1.6 percentage points vs 12-2024highest value 02-2025: 1.5%▼ -3.3 percentage points vs 01-2025 03-2025: 1.6%▲ +0.1 percentage points vs 02-2025 04-2025: 1.5%▼ -0.1 percentage points vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.4%▼ -0.1 percentage points vs 05-2025 07-2025: 1.5%▲ +0.1 percentage points vs 06-2025 08-2025: 1.9%▲ +0.4 percentage points vs 07-2025 09-2025: 1.9%● unchanged vs 08-2025 10-2025: 3.0%▲ +1.1 percentage points vs 09-2025 11-2025: 1.0%▼ -2.0 percentage points vs 10-2025 12-2025: 0.9%▼ -0.1 percentage points vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.7%▼ -0.2 percentage points vs 01-2026 03-2026: 0.8%▲ +0.1 percentage points vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.7%▼ -0.1 percentage points vs 05-2026 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 1.1%▲ +0.3 percentage points vs 07-2026 09-2026: 0.3%▼ -0.8 percentage points vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026lowest value

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 96, micro): better than 59% on solvency, 54% on liquidity, 93% on profitability and 99% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises risk

Last filed accounts filed 30 days late; 2 of the last 3 late

NBB · filings

Founded in 2014

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Liquidity: current ratio 1.60, cash €2,663

NBB · annual accounts

Size: total assets €9,650

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €3,623

2025 accounts filed 30 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 10 filings

Deviation from the deadline

2025

30 days late

2024

61 days late

2023

153 days late

2022

31 days late

2021

3 days early

2020

27 days late

2019

28 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 47 days after the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 filed years within 34 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Documents

Key facts about MAGIC HANDS

What is the company number of MAGIC HANDS?: 0550.924.168. In Belgium the VAT number is the company number with BE in front: BE 0550.924.168.
Where is MAGIC HANDS based?: The registered office is at Emile Bockstaellaan 280, 1020 Brussel.Company details
What does MAGIC HANDS do?: According to the KBO register, the main activity is hairdressing and barber services (NACE 96210).
What is the legal form of MAGIC HANDS?: Private limited company (pre-2019) (BVBA).
When was MAGIC HANDS founded?: On 25-04-2014.
Is MAGIC HANDS still active?: Yes, MAGIC HANDS is an active enterprise in the KBO register.
How many employees does MAGIC HANDS have?: On average 0.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of MAGIC HANDS?: ≈ €22,000 in financial year 2025. Estimated from the gross margin of €3,202: probably between €13,000 and €41,000, based on 94 comparable companies, NACE 96210. A rough estimate.
Is MAGIC HANDS profitable?: In financial year 2025, MAGIC HANDS made a profit of €3,197.
Where can I find the annual accounts of MAGIC HANDS?: MAGIC HANDS filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of MAGIC HANDS due?: By 31-07-2027, for financial year 2026.Timeline

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Overview