HET MAGAZIJN
ActiveHET MAGAZIJN has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €289k and a net result of €42k. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 49% of 801 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74=
Solvency54▼-8
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 1.56 in 2024; short-term debt: 34.9% and cash: 31.5% of total assets), and 70.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
29.2%
Return on assets
4.2%
Age of the figures
9 mo
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
37 d early
2023
29 d early
2022
31 d early
2021
31 d early
2020
30 d early
2019
42 d early
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€42k▼ 3.4%
2024 · €43k
2018: €56k
2019: €8k
2020: €39k
2021: €33k
2022: €19k
2023: €50k
2024: €43k
2018 → 2025
Working capital
€41k▼ 65.7%
2024 · €121k
2018: €46k
2019: €62k
2020: €99k
2021: €132k
2022: €555
2023: €77k
2024: €121k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€227k-€246k▲ 8.3%€309k▲ 25.7%€352k▲ 13.9%€289k▼ 17.9%
Operating result€38k-€30k▼ 19.8%€88k▲ 190%€82k▼ 6.9%€68k▼ 17.3%
Net result€33k-€19k▼ 42.6%€50k▲ 165%€43k▼ 13.4%€42k▼ 3.4%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €990k
Fixed assets
€604k▼ 2.3%
Current assets
€387k▲ 14.6%
Equity and liabilities €990k
Equity
€289k▼ 17.9%
Debt
€701k▲ 16.2%
The debt ratio rises from 63.1% to 70.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€121k▼
2024 · €129k
Cash flow
€94k▲
2024 · €90k
Solvency
29.2%▼
2024 · 36.9%
Current ratio
1.12▼
2024 · 1.56
Quick ratio
1.08▼
2024 · 1.50
Debt / equity
2.42▲
2024 · 1.71
ROE
14.4%▲
2024 · 12.2%
ROA
4.2%▼
2024 · 4.5%
Interest coverage
9.94▲
2024 · 8.64
Debt
€701k▲
2024 · €603k
Debt ≤ 1 year
€345k▲
2024 · €217k
Debt > 1 year
€356k▼
2024 · €386k
Income taxes
€17k▼
2024 · €26k
Staff costs
€391k▲
2024 · €384k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€956k€990k▲
Fixed assets21/28€618k€604k▼
Tangible fixed assets22/27€618k€604k▼
Land and buildings22€594k€585k▼
Plant, machinery and equipment23€11k€6k▼
Furniture and vehicles24€13k€13k▼
Current assets29/58€337k€387k▲
Stocks and contracts in progress3€11k€13k▲
Stocks30/36€11k€13k▲
Amounts receivable within one year40/41€22k€36k▲
Trade receivables40€13k€17k▲
Other amounts receivable41€9k€19k▲
Current investments50/53€100k-
Cash at bank and in hand54/58€159k€312k▲
Deferred charges and accrued income490/1€45k€25k▼
Equity and liabilities
Total equity and liabilities10/49€956k€990k▲
Equity10/15€352k€289k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€290k€227k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€284k€221k▼
Amounts payable17/49€603k€701k▲
Amounts payable after more than one year17€386k€356k▼
Financial debts170/4€386k€356k▼
Amounts payable within one year42/48€217k€345k▲
Current portion of amounts payable after more than one year42€30k€31k▲
Trade debts44€30k€47k▲
Suppliers440/4€30k€47k▲
Advances received on contracts in progress46€3k€8k▲
Taxes, remuneration and social security45€87k€88k▲
Taxes450/3€38k€36k▼
Remuneration and social security454/9€48k€52k▲
Other amounts payable47/48€68k€172k▲
Accrued charges and deferred income492/3€174-
Income statement
Code20242025
Remuneration, social security and pensions62€384k€391k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€53k▲
Other operating charges640/8€6k€6k▼
Gross operating margin9900€520k€518k▼
Operating profit (loss)9901€82k€68k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€15k€12k▼
Recurring financial charges65€15k€12k▼
Profit (loss) for the period before taxes9903€69k€58k▼
Income taxes67/77€26k€17k▼
Profit (loss) for the period9904€43k€42k▼
Profit (loss) for the period to be appropriated9905€43k€42k▼
Appropriation of the result
Profit (loss) to be appropriated9906€43k€42k▼
Transfer from equity791/2-€105k
Transfer to equity691/2€43k€42k▼
To other reserves6921€43k€42k▼
Profit to be distributed694/7-€105k
Return on contributions (dividend)694-€105k
Social balance
Average headcount (FTE)90877.16.8▼
The notes to these accounts (11 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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200kEq €227k ▲16.8%
4 profitable years in a row build equity to €227k.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €8k ▼85.7%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €156k ▲5.4%
2 profitable years in a row build equity to €156k.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Bilzen-Hoeselt · 1 establishment unit since 1997
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.
Korenstraat 23740 Bilzen-HoeseltGround area
146 m²
Building footprint
146 m²
Volume, LiDAR
1,264 m³
Parcel 73006M0393/00R000, Flanders · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Korenstraat 2, 3740 Bilzen-Hoeselt
since 19972.082.474.984
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73006M0393/00R000 | Flanders | 146 m² | 1 · 146 m² | 13.0 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBilzen-Hoeselt2.082.474.984
Similar companies · same sector, comparable size
CAPRICCIO
BE 0702.772.720
Tervuren · Eq €289k
I.E.S.-DISTRIBUTION
BE 0428.072.777
Lasne · Eq €289k
De Geestige Put
BE 0752.732.074
Waregem · Eq €290k
HET LANDHUYS NOKERE
BE 0821.482.211
Kruisem · Eq €290k
MARATEA
BE 0447.049.640
Schoten · Eq €290k
Of 20,499 companies in sector 56111 we hold annual accounts for 11,455. 7,753 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-10-1996
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
55401
55522
56210Event catering
56301Cafés and bars
68310Real estate agency activities
68311Real estate activities
70311
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.