Mahoujin Guru Guru

A old anime about magic and demons in chibi form
Although old, it was very comical :] How I miss my childhood days T_T

There is a sequel called Doki Doki Densetsu Mahoujin Guru Guru which consists of 38 episodes

Following information taken from Anime News Network

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Alternative title:
Guru Guru, il girotondo della magia (Italian)
Los Caballeros de Kodai (Spanish)
Magical Circle Guruguru
Волшебный круг Гуру-гуру [russian]
غورو غورو (Arabic)
魔法陣グルグル (Japanese)

Genres: action, adventure, comedy, fantasy

Objectionable content: Mild (mild bad language and/or bloodless violence)

Plot Summary: The seal that confined the evil monster Guruguru for hundreds of years has worn off. A young boy named Nike is chosen (against his will) as the hero. He sets off with Kukuri, a girl who is the lone survivor of a tribe that uses black magic for good, to save the world, RPG style.

Total episodes: 45 (finished)
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

The two openings followed by the two endings (don't worry, there aren't any main spoilers):