BLUE MAGMA

Active

Private limited company (pre-2019)founded 2010active for 16 yearsPapedelle 93, 1160 Oudergem, BelgiumKBO/BCE: BE 0824.778.825

Summary

BLUE MAGMA has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show negative equity (-€9,327) and a net result of €2,981. Equity is growing by about 9.4% per year across the filed financial years. Its solvency ranks better than 10% of 52 sector peers (NACE 93, financial year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow Report Compare

BLUE MAGMAActiveChecked score 55/100

Risk analysis Report Compare

Activity

Other amusement and recreation activities

NACE 93299

1 site

Size

€7,353total assets 2026

Equity: -€9,327
Profit: €2,981

Turnover not published (micro format)

Financial health

55 Fair Checked score 2026

Bankruptcy probabilitywithin 12 months: 0.3%

Structure

2026 accounts 173 days early3 deeds in the Belgian Official Gazette

Why 55raises riskCapped at 59: negative equityNegative equity -€9,327lowers riskSize: total assets €7,353Figures for financial year 2026 (filed 13-05-2026)Founded in 2010Show the evidence

Checked score

Score 2026

55 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 46% of its sector peers (NACE 93, micro)

Negative equity caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick = 2025

Weak

Solvency 0=

equity -126.8% of total assets

Liquidity 7+7

short-term debt 226.8% · cash 5.5%

Profitability 100+100

return on assets 40.5%

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 0.3% (4,257 companies, NACE 93, micro)

Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.0%● unchanged vs 06-2025highest value 08-2025: 1.0%● unchanged vs 07-2025highest value 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 0.3%▼ -0.7 percentage points vs 05-2026lowest value 07-2026: 0.3%● unchanged vs 06-2026lowest value 08-2026: 0.3%● unchanged vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value

No credit on open account

Liquidity insufficient (current ratio 0.44, below 1; short-term debt: 226.8% and cash: 5.5% of total assets), and equity is negative.

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 93, micro): better than 9% on solvency, 9% on liquidity, 94% on profitability and 72% on growth.

The bankruptcy probability was computed on 24-10-2026 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 riskneutral

Size: total assets €7,353

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

NBB · annual accounts

Negative equity -€9,327

NBB · annual accounts

Figures for financial year 2026 (filed 13-05-2026)

NBB · annual accounts

Founded in 2010

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

KBO

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 52 sector peers (2026).

NBB · sector comparison

Position among 52 sector peers

Solvency

better than 10%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 11-05-2026, 173 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2026

173 days early

2025

166 days early

2024

148 days early

2023

34 days early

2022

154 days early

2021

163 days early

2020

169 days early

← 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 144 days before the deadline; the sector median (NACE 93) for financial year 2024 is 1 day before the deadline, and 42% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 30 May (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

25-10-2026 today31-03-2027 year end31-10-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

11-05-2026 Annual accounts filedfinancial year 2026 · micro…
31-03-2026 Back to profitnet €2,981
18-05-2025 Annual accounts filedfinancial year 2025 · micro…

Key points

Risk: Negative equityfinancial year 2026: debts exceed assets -€9,327 View
Caution: Among the weakest 10% on solvencysector median 28.4% · 52 companies -126.8% View
Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View

By topic

Financials

Financial year: 2026
Total assets: €7,353
Profit: €2,981
Solvency: -126.8%

Total assets▲ 148%

Net result

20192026

Go to Financials

Timeline

Events: 18
Since: 2012
Next accounts: by 31-10-2027

05-06-2024Annual accounts filed
27-09-2023Annual accounts filed
31-03-2023Back to profit

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company (pre-2019)
Activity: Other amusement and recreation activitiesNACE 93299
Founded: 08-04-2010
Year ends: 31-03
Peppol: Reachable for e-invoices

Go to Company details

Key facts about BLUE MAGMA

What is the company number of BLUE MAGMA?: 0824.778.825. In Belgium the VAT number is the company number with BE in front: BE 0824.778.825.
Where is BLUE MAGMA based?: The registered office is at Papedelle 93, 1160 Oudergem.Company details
What does BLUE MAGMA do?: According to the KBO register, the main activity is other amusement and recreation activities (NACE 93299).
What is the legal form of BLUE MAGMA?: Private limited company (pre-2019) (BVBA).
When was BLUE MAGMA founded?: On 08-04-2010.
Is BLUE MAGMA still active?: Yes, BLUE MAGMA is an active enterprise in the KBO register.
What is the turnover of BLUE MAGMA?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is BLUE MAGMA profitable?: In financial year 2026, BLUE MAGMA made a profit of €2,981.
Where can I find the annual accounts of BLUE MAGMA?: BLUE MAGMA filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of BLUE MAGMA due?: By 31-10-2027, for financial year 2027.Timeline