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Decoratie Magda

Active
Private limited companyfounded 2006active for 20 yearsWatermolenstraat 1, 2275 Lille, BelgiumKBO/BCE: BE 0879.191.766
Summary

Decoratie Magda has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60,737 and a net result of €2,208. Equity has been growing by about 4.4% per year since 2018. Its solvency ranks better than 95% of 22,774 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 07-02-2006 Normal situation
Activity
Retail sale of lighting equipment NACE 47552and 1 other
Establishment unit
2.152.239.463 2275 Lille, since 15-03-2006
Financial year end
31 December
Peppol
Reachable since 28-05-2025

Board and ownership

Board

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€1,294
▼ 80.2%
Turnover
≈ €13,000
estimated
Profit
€2,208
▼ 73.9%
Equity
€60,737
▲ 3.8%
Total assets
€64,995
▲ 9.9%
Score breakdownraises riskSize: total assets €64,995lowers riskFounded in 2006Equity €60,737 (93.4% of total assets)Liquidity: current ratio 15.04, cash €9,181Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 64% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 93.4% of total assets
Liquidity 68-2
short-term debt 6.6% · cash 14.1%
Profitability 54-33
return on assets 3.4%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,281 companies, NACE 47, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025highest value 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.1%▼ -0.3 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 15.04 (95.94 in 2024), above the usual 1.5. Short-term debt is 6.6% and cash 14.1% of total assets. 6.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 47, micro). It does better than 92% of them on solvency, 74% on liquidity, 39% on profitability and 49% on growth.

The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Size: total assets €64,995
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2006
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €60,737 (93.4% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 15.04, cash €9,181
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 days early
2024
58 days early
2023
57 days early
2022
47 days early
2021
52 days early
2020
57 days early
2019
42 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 51 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 95% of companies in retail tradesector median 33.2% · 22,774 companies 93.4% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Change of role: PEETERS Gert, from manager to director
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as Decoratie Magda: retail sale of lighting equipment (NACE 47552). They are comparable in size and age: total assets between €37,500 and €119,000, founded between 2001 and 2007.

CompanyTotal assetsGross margin
Decoratie Magda Lille€64,995€1,294
PRUNE Sint-Genesius-Rode€71,556-€6,273
Fastronaut Gent€58,815-€4,227
BC + Elsene€58,674-€114
DAMLA Gent€69,147€1,698
SUPREME BELGIUM Roeselare€37,517-€7,591
IMMO CHRY Huy€118,975-€17,861
Full comparison

Key facts about Decoratie Magda

What is the company number of Decoratie Magda?
The company number of Decoratie Magda is 0879.191.766. The VAT number is the same number with BE in front: BE 0879.191.766.
Where is Decoratie Magda based?
The registered office is at Watermolenstraat 1, 2275 Lille.Company details
What does Decoratie Magda do?
According to the KBO register, the main activity is retail sale of lighting equipment (NACE 47552).
What is the legal form of Decoratie Magda?
The legal form of Decoratie Magda is Private limited company (BV).
When was Decoratie Magda founded?
Decoratie Magda was founded on 07-02-2006.
Is Decoratie Magda still active?
Yes, Decoratie Magda is an active enterprise in the KBO register.
What is the turnover of Decoratie Magda?
The turnover in financial year 2025 is ≈ €13,000. This figure is estimated from the gross margin of €1,294 and 61 comparable companies (NACE 475). It probably lies between €7,200 and €33,000. It is a rough estimate.Financials
Is Decoratie Magda profitable?
In financial year 2025, Decoratie Magda made a profit of €2,208.
Where can I find the annual accounts of Decoratie Magda?
Decoratie Magda filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Decoratie Magda due?
Decoratie Magda must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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