Summary
Magiq is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €176,523 and a net result of €48,335. Equity is growing by about 24% per year across the filed financial years. Its solvency ranks better than 13% of 6,673 sector peers (NACE 64, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Magiq
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuursorgaan” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, een of meer” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Gelijk recht in winstverdeling en vereffeningsaldo, 120” (deed in Dutch)“Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager en helft kopers naar evenredigheid, gemeen overleg of voorzitter ondernemingsrechtbank zoals in kortgeding” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Alle aandeelhouders kunnen afstand doen bij besluit algemene vergadering tot uitgifte, algemene vergadering over uitgifte van nieuwe…” (deed in Dutch)“Personen waaraan volgens wet of statuten vrij mag worden overgedragen, ten minste drie vierden aandelen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Wednesday of June at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed