GALLERY MAGDY
ActiveSummary
The computed 12-month bankruptcy probability of GALLERY MAGDY is 1.8% (moderate). The 2025 annual accounts show equity of €22k and a net result of €3k. Equity is growing by ~23.4% per year across the filed fiscal years. Its solvency ranks better than 41% of 18280 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-4
Solvency49▼-2
Growth52=
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.35 in 2024; short-term debt: 76% and cash: 0.1% of total assets), and 76% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
24%
Return on assets
3.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-09-2026, 50 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
50 d late
2024
25 d late
2023
59 d late
2022
55 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€22k▲ 15.7%
2024 · €19k
2022: €11k
2023: €14k
2024: €19k
2022 → 2025
Total assets
€91k▲ 25.9%
2024 · €72k
2022: €14k
2023: €33k
2024: €72k
2022 → 2025
Net result
€3k▼ 39.0%
2024 · €5k
2022: €6k
2023: €4k
2024: €5k
2022 → 2025
Working capital
€22k▲ 17.4%
2024 · €19k
2022: €10k
2023: €13k
2024: €19k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€11k-€14k▲ 34.0%€19k▲ 34.6%€22k▲ 15.7%
Operating result€5k-€4k▼ 14.8%€6k▲ 43.4%€4k▼ 38.0%
Net result€6k-€4k▼ 35.2%€5k▲ 36.4%€3k▼ 39.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 38% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €91k
Equity
€22k ▲ 15.7%
Debt
€69k ▲ 29.5%
Debt's share of the balance-sheet total rises from 73.9% to 76.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4k▼
2024 · €6k
Cash flow
€3k▼
2024 · €5k
Current ratio
1.31▼
2024 · 1.35
Quick ratio
0.65▼
2024 · 0.75
Debt to equity
3.17▲
2024 · 2.83
ROE
13.5%▼
2024 · 25.7%
ROA
3.3%▼
2024 · 6.7%
Interest coverage
11.09▼
2024 · 30.99
Debt ≤ 1 year
€69k▲
2024 · €54k
Income taxes
€805▼
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€72k€91k▲
Formation expenses20€437€187▼
Current assets29/58€72k€91k▲
Stocks and contracts in progress3€32k€46k▲
Stocks30/36€32k€46k▲
Amounts receivable within one year40/41€40k€45k▲
Trade receivables40€39k€38k▼
Other amounts receivable41€2k€7k▲
Cash at bank and in hand54/58€17€102▲
Equity and liabilities
Total equity and liabilities10/49€72k€91k▲
Equity10/15€19k€22k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€14k€17k▲
Amounts payable17/49€54k€69k▲
Amounts payable within one year42/48€54k€69k▲
Trade debts44€990€20k▲
Suppliers440/4€990€20k▲
Advances received on contracts in progress46€46k€46k=
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Other amounts payable47/48€4k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€250€250=
Other operating charges640/8€400€400▼
Gross operating margin9900€7k€4k▼
Operating profit (loss)9901€6k€4k▼
Financial income75/76B€484€467▼
Recurring financial income75€484€467▼
Financial charges65/66B€198€352▲
Recurring financial charges65€198€352▲
Profit (loss) for the period before taxes9903€6k€4k▼
Income taxes67/77€1k€805▼
Profit (loss) for the period9904€5k€3k▼
Profit (loss) for the period to be appropriated9905€5k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€17k▲
Profit (loss) brought forward from the previous period14P€9k€14k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 50 days late
2025
31-12
Financial
Weakest financial yearnet €3k ▼39%
Net result drops to €3k, the lowest in the series.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
28-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 59 days late
2023
24-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 55 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wemmel · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lt. Graffplein 151780 WemmelGround area
147 m²
Building footprint
144 m²
Volume, LiDAR
1,543 m³
Parcel 22662B0387/00R004, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
GALLERY MAGDY
since 20212.323.008.161
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0387/00R004 | Flanders | 147 m² | 1 · 144 m² | 14.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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PLEINSUD
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MCUISINES
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Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 933 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47551Retail sale of household furniture
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.