3 directorsName hiddenVisible after signing in and 2 others
Documentsfilings and deeds
27-07-20264 days before the deadline
2025micro format
Gross margin from €7,194 to €26,623Result from €2,462 to €14,9341 director appointed, 1 resignation23-12Registered office moved from Leopoldsburg to Hasselt05-03Equity from €2,872 to €10,806Debts from €34,234 to €18,967
The 2022 accounts came latest: 31 days after the end of the period.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 26,973 companies had the same profile as MAGIC MIST GROUP has now. Each dot stands for 68 companies, two years later.
94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
Micro
5 to 10 years old
solvency 30% or more
a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
The companies in ten equal groups, from the lowest to the highest expected share
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
2.9%
3.1%
10
5.6%
6.1%
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 26,973 companies, not a prediction for MAGIC MIST GROUP. 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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
1 director appointed, 1 resignation
Resignation: Name after signing inVisible after signing in · Permanent representative: Name hiddenVisible after signing in · Appointment: Hidden nameVisible after signing in · General meeting of 21-10-2025 · Gazette deed
Registered office moved from Leopoldsburg to Hasselt
New registered office: Heidestraat 35, 3500 Hasselt · Previous registered office: Antwerpsesteenweg 318, 3970 Leopoldsburg · Board meeting of 02-01-2025 · Gazette deed
Resignation: Name after signing inVisible after signing in (director)
Permanent representative: Name hiddenVisible after signing in · Director discharge: Hidden nameVisible after signing in · General meeting of 19-04-2021 · Gazette deed
Registered office moved to Leopoldsburg
New registered office: Antwerpsesteenweg 318, 3970 Leopoldsburg · Appointments: Name after signing inVisible after signing in (director) and Name hiddenVisible after signing in (director) · Permanent representative: Hidden nameVisible after signing in · General meeting of 25-09-2020 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as MAGIC MIST GROUP: renting and leasing of other machinery, equipment and tangible goods (NACE 77399). They are comparable in size and age: total assets between €23,800 and €65,700, founded between 2019 and 2022.
The company number of MAGIC MIST GROUP is 0738.423.980. The VAT number is the same number with BE in front: BE 0738.423.980.
Where is MAGIC MIST GROUP based?
The registered office is at Heidestraat 35, 3500 Hasselt.Company details
What does MAGIC MIST GROUP do?
According to the KBO register, the main activity is renting and leasing of other machinery, equipment and tangible goods (NACE 77399).
What is the legal form of MAGIC MIST GROUP?
MAGIC MIST GROUP is a private limited company (BV).
When was MAGIC MIST GROUP founded?
MAGIC MIST GROUP was founded on 26-11-2019.
Is MAGIC MIST GROUP still active?
Yes, MAGIC MIST GROUP is an active enterprise in the KBO register.
What is the turnover of MAGIC MIST GROUP?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €26,623 and 2,936 comparable companies of the same size. It probably lies between €64,000 and €190,000. It is a rough estimate.Financials
Is MAGIC MIST GROUP profitable?
In financial year 2025, MAGIC MIST GROUP made a profit of €14,934.
Where can I find the annual accounts of MAGIC MIST GROUP?
MAGIC MIST GROUP filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MAGIC MIST GROUP due?
MAGIC MIST GROUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline