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MAGIC MIST GROUP

Active Private limited companyfounded 2019active for 6 yearsHeidestraat 35, 3500 HasseltKBO/BCE: BE 0738.423.980

Lifetime

6 annual accounts with figures on one time axis
peak €50,483 (2022)
€26,623▲ 270%
lowest -€39,453 (2021)
€14,934▲ 506%
peak €10,806 (2025)
€10,806▲ 276%
€18,967▼ 44.6%
Board5 names since 2019
3 directors 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 resignation 23-12Registered office moved from Leopoldsburg to Hasselt 05-03Equity from €2,872 to €10,806Debts from €34,234 to €18,967

Key points

from the 2025 annual accounts

Turnover

≈ €110,000 estimated

The micro format states no turnover.

Liquidity

1.29 was 0.84 in 2024

Short-term debts fell from €34,234 to €18,967.

Filings

6 annual accounts 3 late
AprilJune31 JulyOctober202020222024

The 2022 accounts came latest: 31 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

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

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Signals

Board and ownership

Director, , since 20-11-2019
Director, since 01-06-2020
Director, , since 30-09-2025
  • founderdeed of 28-11-2019
  • founderdeed of 28-11-2019
  • founderdeed of 28-11-2019
Board & ownership

Recent changes

1 director appointed, 1 resignation Resignation: · Permanent representative: · Appointment: · 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: (director) Permanent representative: · Director discharge: · General meeting of 19-04-2021 · Gazette deed
Registered office moved to Leopoldsburg New registered office: Antwerpsesteenweg 318, 3970 Leopoldsburg · Appointments: (director) and (director) · Permanent representative: · General meeting of 25-09-2020 · Gazette deed
All 14 events

Comparable companies

same main activity, similar in size and age
Company
MAGIC MIST GROUP Hasselt €29,774 €26,623 36.3% -
S-Tent Lochristi €35,823 €19,421 69.4% -
PPT Belgium Bullange €50,668 €20,975 66.5% -
3GScan Eghezée €23,799 €25,387 89.2% -
The Water Loo Zoersel €45,841 €19,602 42.9% -
DRYFAST INDUSTRIAL Pelt €55,228 €21,788 58.4% -
VHR-FOOD Evergem €65,670 €14,968 -107.2% -

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.

Official details

Source: KBO
Status
Active since 26-11-2019Normal situation
Activity
Renting and leasing of other machinery, equipment and tangible goodsNACE 77399and 5 others
Establishment unit
2.296.746.2043500 Hasselt, since 26-11-2019
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€29,774▼ 19.8%
Filing
Filed on 27-07-2026, 4 days before the end of the filing period
Financials

Insights on MAGIC MIST GROUP

MAGIC MIST GROUP files the micro format. That format states no turnover. The gross margin rose from -€9,915 in 2020 to €26,623 in 2025.

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 MIST GROUP

What is the company number of MAGIC MIST GROUP?
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

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