Skip to content

M.A.G.

Active
Private limited companyfounded 198838 years activeNoorderlaan 133, 2030 Antwerpen, BelgiumKBO/BCE: BE 0434.442.709
Summary

The computed 12-month bankruptcy probability of M.A.G. is 2.0% (moderate). The 2025 annual accounts show equity of €3.0m and a net result of -€74,270. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 45% of 12,411 sector peers (NACE 47, fiscal year 2025). The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of hardware, building materials, paint and glass (general range)
NACE 47521
4 sites
Size
€9.2mtotal assets 2025
Staff
30 FTE
Equity
€3.0m
Loss
-€74,270
Turnover not published (abridged schema)
Financial health
52 Fair Checked score 2025
Bankruptcy probability, 12 months
2.0%
Structure
Parent
C.B. BOUWMARKTEN · 100%
Accounts filed 40 days late0 of 11 deeds read
Why 52- Liquidity: current ratio 1.45, cash €4,801, halved- 1 change of registered office in 24 months- Latest accounts 40 days late; 1 of the last 3 late+ Founded in 1988Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 26% of its sector peers (NACE 47, small)
Financial strength · tick = 2024
Weak
Solvency 57-1
equity 32.4% of total assets
Liquidity 14-1
short-term debt 67.6% · cash 0.1%
Profitability 18-8
return on assets -0.8%
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,686 companies)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 1.0%▲ +0.1 percentage points vs 05-2025 07-2025: 1.2%▲ +0.2 percentage points vs 06-2025 08-2025: 1.9%▲ +0.7 percentage points vs 07-2025 09-2025: 0.5%▼ -1.4 percentage points vs 08-2025lowest value 10-2025: 0.5%● unchanged vs 09-2025lowest value 11-2025: 0.5%● unchanged vs 10-2025lowest value 12-2025: 0.9%▲ +0.4 percentage points vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 1.0%▲ +0.1 percentage points vs 03-2026 05-2026: 1.1%▲ +0.1 percentage points vs 04-2026 06-2026: 1.2%▲ +0.1 percentage points vs 05-2026 07-2026: 1.2%● unchanged vs 06-2026 08-2026: 1.9%▲ +0.7 percentage points vs 07-2026 09-2026: 2.5%▲ +0.6 percentage points vs 08-2026highest value 10-2026: 2.0%▼ -0.5 percentage points vs 09-2026
Credit up to €150,000 at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.45 in 2024; short-term debt: 67.6% and cash: 0.1% of total assets), and 67.6% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, small): better than 52% on solvency, 12% on liquidity, 12% on profitability and 30% on growth.

The bankruptcy probability was computed on 06-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 1.45, cash €4,801, halved
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
raises risk · Latest accounts 40 days late; 1 of the last 3 late
NBB · filings
lowers risk · Founded in 1988
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 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 · 10 filings
Deviation from the deadline
2025
40 days late
2024
28 days late
2023
30 days late
2022
30 days late
2021
31 days late
2020
4 days late
2019
14 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 21 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

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. Usually files around 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Weakest financial yearnet -€74,270
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Caution: From profit to loss in 2025after €529,956 in 2024 -€74,270 View
  • Caution: Among the weakest 7% on net resultsector median €28,351 · 12,399 companies -€74,270 View
  • Controlled by C.B. BOUWMARKTENultimately: Bourrelier Group SA 100% View

By topic

Financials

Fiscal year
2025
Total assets
€9.2m
Loss
-€74,270
Solvency
32.4%
Total assets▼ 0.7%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 31-12-2024Highest result since 2018
  2. 30-08-2024Annual accounts filed
  3. 30-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
4
Legal form
Private limited company
Activity
Retail sale of hardware, building materials, paint and…NACE 47521
Founded
30-05-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.