Mag HR Consult
ActiveSummary
Mag HR Consult has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €23k and a net result of €70k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 25% of 997 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency46▼-36
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.23 against 2.21 in 2023; short-term debt: 78.9% and cash: 55% of total assets), and 78.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Sector 78
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
21.1%
Return on assets
64%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 997 sector peers (2024).
NBB · sector comparisonPosition among 997 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
30 d early
2022
29 d early
2021
8 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€23k▲ 2.3%
2023 · €22k
2021: €17k
2022: €20k
2023: €22k
2021 → 2024
Total assets
€109k▲ 177%
2023 · €39k
2021: €21k
2022: €25k
2023: €39k
2021 → 2024
Net result
€70k▲ 452%
2023 · €13k
2021: €16k
2022: €3k
2023: €13k
2021 → 2024
Working capital
€19k▼ 4.1%
2023 · €20k
2021: €15k
2022: €16k
2023: €20k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€17k-€20k▲ 16.6%€22k▲ 13.1%€23k▲ 2.3%
Operating result€23k-€6k▼ 73.9%€18k▲ 197%€89k▲ 401%
Net result€16k-€3k▼ 82.4%€13k▲ 346%€70k▲ 452%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 401% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €109k
Fixed assets
€3k ▲ 64.4%
Current assets
€105k ▲ 184%
Equity and liabilities €109k
Equity
€23k ▲ 2.3%
Debt
€86k ▲ 412%
Debt's share of the balance-sheet total rises from 42.7% to 78.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€91k▲
2023 · €19k
Cash flow
€71k▲
2023 · €14k
Current ratio
1.23▼
2023 · 2.21
Debt to equity
3.73▲
2023 · 0.75
ROE
302.9%▲
2023 · 56.2%
ROA
64.0%▲
2023 · 32.2%
Interest coverage
103.64▲
2023 · 20.65
Debt ≤ 1 year
€86k▲
2023 · €17k
Income taxes
€19k▲
2023 · €4k
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 · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€39k€109k▲
Fixed assets21/28€2k€3k▲
Tangible fixed assets22/27€2k€3k▲
Plant, machinery and equipment23€722-
Furniture and vehicles24€1k€3k▲
Financial fixed assets28€193€193=
Current assets29/58€37k€105k▲
Amounts receivable within one year40/41€16k€45k▲
Trade receivables40€15k€44k▲
Other amounts receivable41€691€1k▲
Cash at bank and in hand54/58€22k€60k▲
Deferred charges and accrued income490/1-€372
Equity and liabilities
Total equity and liabilities10/49€39k€109k▲
Equity10/15€22k€23k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€21k€22k▲
Amounts payable17/49€17k€86k▲
Amounts payable within one year42/48€17k€86k▲
Trade debts44€791€3k▲
Suppliers440/4€791€3k▲
Taxes, remuneration and social security45€3k€10k▲
Taxes450/3€1k€7k▲
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€12k€72k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€516€931▲
Gross operating margin9900€20k€92k▲
Operating profit (loss)9901€18k€89k▲
Financial income75/76B€3€3▼
Recurring financial income75€3€3▼
Financial charges65/66B€927€878▼
Recurring financial charges65€927€878▼
Profit (loss) for the period before taxes9903€17k€89k▲
Income taxes67/77€4k€19k▲
Profit (loss) for the period9904€13k€70k▲
Profit (loss) for the period to be appropriated9905€13k€70k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€91k▲
Profit (loss) brought forward from the previous period14P€19k€21k▲
Profit to be distributed694/7€10k€69k▲
Return on contributions (dividend)694€10k€69k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €70k ▲452%
Operating result €89k, net result €70k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €3k ▼82.4%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Wavre · 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.
Avenue des Hortensias 351300 WavreGround area
732 m²
Building footprint
136 m²
Volume, LiDAR
816 m³
Parcel 25055B0471/00F000, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mag HR Consult
since 20212.311.848.807
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25055B0471/00F000 | Wallonia | 732 m² | 1 · 136 m² | 8.6 m · 2 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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Of 1,014 companies in sector 78200 we hold annual accounts for 645. 372 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
Founded13-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
78200Temporary employment agencies and other provision of personnel
68321Property management for co-owned buildings (syndics)
78100Employment placement agencies
82990Other business support services
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:maghrconsult@gmail.com