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LE MAGNOLIA

Active
Non-profit associationfounded 2007active for 19 yearsRue Omer Lescot(H) 12, 7334 Saint-Ghislain, BelgiumKBO/BCE: BE 0892.780.773
Summary

LE MAGNOLIA has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €627,162 and a net result of €23,084. Equity has been shrinking by about 5.8% per year since 2018. Its solvency ranks better than 43% of 696 sector peers (NACE 87, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 12-10-2007 Normal situation
Activity
Residential care activities NACE 87202
Establishment units
2.173.284.010 7334 Saint-Ghislain, since 22-09-2008
2.379.422.074 7334 Saint-Ghislain, since 03-08-2018and 1 other
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • DESCAMPS HOLDINGManaging director · permanent representative DESCAMPS François-Xavier
  • Maryse FAGNARTDirector · since 14-09-2015
  • SRL Patrimonia B&DDirector · since 12-06-2023
and 1 other

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€2.7m
▲ 5.8%
Turnover
≈ €2.9m
estimated
Surplus
€23,084
Equity
€627,162
▲ 3.8%
Total assets
€1.7m
▼ 1.6%
Employees on 31-12-2025
58
▲ 3.6%
Score breakdownraises riskSize: 43.3 FTE, total assets €1.7mlowers riskLegal form: non-profit associationLiquidity: current ratio 1.51, cash €402,646Sector: Residential care activities (NACE 87)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 51% of small companies in residential care (NACE 87)
Financial strength · tick: 2024
Strong
Solvency 63+2
equity 37.8% of total assets
Liquidity 61=
short-term debt 40.6% · cash 24.3%
Profitability 70+15
return on assets 1.4%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median < 0.1% (613 companies, NACE 87, small)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025highest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged 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 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 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 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.51 (1.43 in 2024), above the usual 1.5. Short-term debt is 40.6% and cash 24.3% of total assets. However, 62.2% 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 87, small). It does better than 41% of them on solvency, 54% on liquidity, 55% on profitability and 55% 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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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 1.51, cash €402,646
NBB · annual accounts
lowers risk · Sector: Residential care activities (NACE 87)
KBO
raises risk · Size: 43.3 FTE, total assets €1.7m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
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 18-05-2026, 74 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
74 days early
2024
62 days early
2023
49 days early
2022
11 days early
2021
25 days early
2020
38 days early
2019
36 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 42 days before the deadline. In the sector (NACE 87), the median for financial year 2024 was 27 days before the deadline, and 25% 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 13 June (4 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
04-11-2026 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: 8th largest company by total assets in Saint-Ghislain, Health and social work…in the Checked rankings No. 8 View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View

Recent changes

  1. · Gazette deed Resignations & appointments
  2. · Gazette deed 1 director appointed, 3 reappointedReappointments: Maryse FAGNART, DESCAMPS HOLDING and PATRIMONIA B&D · Permanent representative: DESCAMPS François-Xavier · Appointment: DESCAMPS HOLDING (managing director)
  3. · Gazette deed Reappointments: SRL Patrimonia B&D (director) and SRL Descamps Holding (director)
All 18 events

Comparable companies

These companies have the same main activity as LE MAGNOLIA: residential care activities (NACE 87202). They are comparable in size and age: total assets between €1.2m and €2.7m, founded between 2005 and 2011.

CompanyTotal assetsGross margin
LE MAGNOLIA Saint-Ghislain€1.7m€2.7m
CIGALINE Merbes-le-Château€1.7m€2.6m
LE JARDIN DES ANGES Dour€1.6m€2.7m
DIAGONALES Boussu€1.2m€2.4m
Confort Social Péruwelz€1.7m€3.4m
RESIDENCE NICOLA PREMIER Saint-Ghislain€2.7m€2.3m
L'EVASION ASBL Mons€1.8m€2.2m
Full comparison

Key facts about LE MAGNOLIA

What is the company number of LE MAGNOLIA?
The company number of LE MAGNOLIA is 0892.780.773. The VAT number is the same number with BE in front: BE 0892.780.773.
Where is LE MAGNOLIA based?
The registered office is at Rue Omer Lescot(H) 12, 7334 Saint-Ghislain.Company details
What does LE MAGNOLIA do?
According to the KBO register, the main activity is residential care activities (NACE 87202).
What is the legal form of LE MAGNOLIA?
The legal form of LE MAGNOLIA is Non-profit association (VZW).
When was LE MAGNOLIA founded?
LE MAGNOLIA was founded on 12-10-2007.
Is LE MAGNOLIA still active?
Yes, LE MAGNOLIA is an active enterprise in the KBO register.
How many employees does LE MAGNOLIA have?
LE MAGNOLIA had an average of 43.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of LE MAGNOLIA?
The turnover in financial year 2025 is ≈ €2.9m. This figure is estimated from the gross margin of €2.7m and 30 comparable companies (NACE 872). It probably lies between €2.6m and €3.3m. In financial year 2024 turnover was €3.9m.
Is LE MAGNOLIA profitable?
In financial year 2025, LE MAGNOLIA made a profit of €23,084.
Where can I find the annual accounts of LE MAGNOLIA?
LE MAGNOLIA filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LE MAGNOLIA due?
LE MAGNOLIA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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