Decoratie Magda
ActiveSummary
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
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- 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
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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
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)
Key points
Recent changes
- · Gazette deed Change of role: PEETERS Gert, from manager to director
- · Gazette deed Incorporation
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.
| Company | Total assets | Gross 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 |
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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