MAG CONCEPT
ActiveMAG CONCEPT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €178k and a net result of €101k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 26% of 1638 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▲+10
Solvency42=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.95 against 0.98 in 2024; short-term debt: 63.4% and cash: 0.8% of total assets), and 83.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
16.6%
Return on assets
9.4%
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 31-08-2026, 31 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 filingsDeviation from the deadline
2025
31 d late
2024
3 d early
2023
29 d late
2022
70 d late
2021
92 d late
2020
31 d late
2019
97 d late
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€101k▲ 39.9%
2024 · €72k
2018: €70k
2019: €49k
2020: €104k
2021: €111k
2022: €101k
2023: €-129k
2024: €72k
2018 → 2025
Working capital
€-37k▼ 226%
2024 · €-11k
2018: €146k
2019: €137k
2020: €148k
2021: €142k
2022: €139k
2023: €-100k
2024: €-11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€218k-€219k▲ 0.3%€90k▼ 59.0%€178k▲ 98.3%€178k▲ 0.4%
Operating result€163k-€84k▼ 48.4%€-125k€90k€181k▲ 102%
Net result€111k-€101k▼ 9.1%€-129k€72k€101k▲ 39.9%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 102% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.07M
Fixed assets
€429k▼ 0.6%
Current assets
€643k▲ 4.5%
Equity and liabilities €1.07M
Equity
€178k▲ 0.4%
Provisions
€5k▼ 8.8%
Debt
€889k▲ 2.9%
The debt ratio rises from 82.5% to 82.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€203k▲
2024 · €113k
Cash flow
€123k▲
2024 · €95k
Solvency
16.6%▼
2024 · 17.0%
Current ratio
0.95▼
2024 · 0.98
Quick ratio
0.51▼
2024 · 0.58
Debt / equity
4.98▲
2024 · 4.86
ROE
56.4%▲
2024 · 40.5%
ROA
9.4%▲
2024 · 6.9%
Interest coverage
3.40▲
2024 · 2.61
Debt
€889k▲
2024 · €864k
Debt ≤ 1 year
€680k▲
2024 · €627k
Debt > 1 year
€176k▼
2024 · €198k
Income taxes
€50k▲
2024 · €11k
Staff costs
€622k▼
2024 · €761k
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€1.05M€1.07M▲
Fixed assets21/28€431k€429k▼
Intangible fixed assets21€6k€4k▼
Tangible fixed assets22/27€425k€425k=
Land and buildings22€394k€408k▲
Plant, machinery and equipment23€29k-
Furniture and vehicles24€3k€17k▲
Current assets29/58€616k€643k▲
Stocks and contracts in progress3€249k€298k▲
Stocks30/36€249k€298k▲
Amounts receivable within one year40/41€360k€337k▼
Trade receivables40€139k€85k▼
Other amounts receivable41€221k€252k▲
Cash at bank and in hand54/58€5k€8k▲
Deferred charges and accrued income490/1€2k€346▼
Equity and liabilities
Total equity and liabilities10/49€1.05M€1.07M▲
Equity10/15€178k€178k▲
Contributions10/11€30k€30k=
Reserves13€133k€134k▲
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Tax-exempt reserves132€32k€32k=
Distributable reserves133€98k€99k▲
Profit (loss) carried forward14€-1k-
Investment grants15€16k€15k▼
Provisions and deferred taxes16€5k€5k▼
Deferred taxes168€5k€5k▼
Amounts payable17/49€864k€889k▲
Amounts payable after more than one year17€198k€176k▼
Financial debts170/4€198k€176k▼
Amounts payable within one year42/48€627k€680k▲
Current portion of amounts payable after more than one year42€36k€99k▲
Financial debts43€25k€27k▲
Credit institutions430/8€25k€27k▲
Trade debts44€135k€104k▼
Suppliers440/4€135k€104k▼
Taxes, remuneration and social security45€432k€342k▼
Taxes450/3€254k€170k▼
Remuneration and social security454/9€178k€172k▼
Other amounts payable47/48-€107k
Accrued charges and deferred income492/3€39k€33k▼
Income statement
Code20242025
Non-recurring operating income76A€14k-
Remuneration, social security and pensions62€761k€622k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€22k▼
Other operating charges640/8€39k€31k▼
Non-recurring operating charges66A€4k€90▼
Gross operating margin9900€916k€856k▼
Operating profit (loss)9901€90k€181k▲
Financial income75/76B€41k€29k▼
Recurring financial income75€41k€29k▼
Financial charges65/66B€48k€60k▲
Recurring financial charges65€43k€60k▲
Non-recurring financial charges66B€5k-
Profit (loss) for the period before taxes9903€83k€150k▲
Transfer from deferred taxes780€471€471=
Income taxes67/77€11k€50k▲
Profit (loss) for the period9904€72k€101k▲
Profit (loss) for the period to be appropriated9905€72k€101k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-57k€99k▲
Profit (loss) brought forward from the previous period14P€-129k€-1k▲
Transfer from equity791/2€56k€98k▲
Transfer to equity691/2-€99k
To other reserves6921-€99k
Profit to be distributed694/7-€98k
Return on contributions (dividend)694-€98k
Social balance
Average headcount (FTE)908721.418.0▼
The notes to these accounts (23 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €72k
Net result €72k after one loss-making year.
31-12
Financial
Equity above €150kEq €178k ▲98.3%
Equity rises from €90k to €178k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €-129k ▼228%
Net result drops to €-129k, the lowest in the series; recovery starts the following year.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 70 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 92 days late
2021
31-12
Financial
Highest result since 2018net €111k ▲6.3%
Net result €111k, the highest in the series.
31-12
Financial
Equity above €200kEq €218k ▲31.9%
4 profitable years in a row build equity to €218k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Equity above €150kEq €165k ▲24.6%
3 profitable years in a row build equity to €165k.
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 97 days late
2019
21-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 113 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 58 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Verviers · 1 establishment unit since 2004
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.
Place Verte 12/4ET4800 VerviersGround area
8,035 m²
Building footprint
4,144 m²
Volume, LiDAR
46,426 m³
2 parcels, Wallonia · tallest building 23.8 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
MAG CONCEPT
since 20042.137.786.067
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63059B0264/00S006 | Wallonia | 5,726 m² | 1 · 3,477 m² | 15.2 m · 3 fl. |
| 63079A0297/00P000 | Wallonia | 2,309 m² | 1 · 666 m² | 23.8 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
WOTIC
BE 0452.945.854
Mechelen · Eq €178k
ULTRA VIOLET
BE 0453.699.484
Jodoigne · Eq €178k
GGC Consult
BE 0873.755.709
Juprelle · Eq €179k
KICK AND RUSH
BE 0457.855.935
Wavre · Eq €178k
FORZA COMUNICATIVA
BE 0830.398.093
Mortsel · Eq €178k
Of 9,862 companies in sector 73110 we hold annual accounts for 3,755. 2,865 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-05-2004
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
73120Media representation
74401
74402
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:087/680.510