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MAG SHIPPING BVBA

Active
Private limited companyfounded 2005active for 20 yearsVenneborglaan 192, 2100 Antwerpen, BelgiumKBO/BCE: BE 0878.172.672
Summary

MAG SHIPPING BVBA has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €79,099 and a net result of €6,211. Equity has been growing by about 9.1% per year since 2018. Its solvency ranks better than 42% of 1,184 sector peers (NACE 52, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 26-12-2005 Normal situation
Activity
Logistics services NACE 52250
Establishment unit
2.153.650.319 2100 Antwerpen, since 21-12-2005
Financial year end
31 December
Peppol
Reachable since 14-06-2024

Board and ownership

Board
  • MAGLIZZA IVANCICADirector

Financial position

69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€113,750
▲ 192%
Turnover
≈ €290,000
estimated
Profit
€6,211
Equity
€79,099
▲ 8.5%
Total assets
€241,035
▼ 40.0%
Score breakdownraises riskSector: Warehousing and support activities for transportation (NACE 52)Liquidity: current ratio 1.50, cash €8,418Size: total assets €241,035lowers riskFounded in 2005Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 35% of micro companies in warehousing and transport support (NACE 52)
Financial strength · tick: 2024
Weak
Solvency 58+15
equity 32.8% of total assets
Liquidity 19+11
short-term debt 66.6% · cash 3.5%
Profitability 44+44
return on assets 2.6%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (2,304 companies, NACE 52, micro)
Last 24 months 12-2024: 0.9% 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: 1.0%▲ +0.1 percentage points vs 03-2025 05-2025: 1.3%▲ +0.3 percentage points vs 04-2025 06-2025: 1.2%▼ -0.1 percentage points vs 05-2025 07-2025: 1.3%▲ +0.1 percentage points vs 06-2025 08-2025: 2.5%▲ +1.2 percentage points vs 07-2025 09-2025: 2.5%● unchanged vs 08-2025 10-2025: 2.5%● unchanged vs 09-2025 11-2025: 2.5%● unchanged vs 10-2025 12-2025: 2.5%● unchanged vs 11-2025 01-2026: 2.5%● unchanged vs 12-2025 02-2026: 2.5%● unchanged vs 01-2026 03-2026: 2.5%● unchanged vs 02-2026 04-2026: 2.7%▲ +0.2 percentage points vs 03-2026highest value 05-2026: 1.5%▼ -1.2 percentage points vs 04-2026 06-2026: 1.4%▼ -0.1 percentage points vs 05-2026 07-2026: 1.6%▲ +0.2 percentage points vs 06-2026 08-2026: 0.6%▼ -1.0 percentage point vs 07-2026lowest value 09-2026: 0.6%● unchanged vs 08-2026lowest value 10-2026: 0.6%● unchanged vs 09-2026lowest value 11-2026: 0.6%● unchanged vs 10-2026lowest value
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.5 (1.23 in 2024), above the usual 1.5. Short-term debt is 66.6% and cash 3.5% of total assets. However, 67.2% 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 52, micro). It does better than 42% of them on solvency, 14% on liquidity, 28% on profitability and 55% on growth.

The bankruptcy probability was computed on 02-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 1.50, cash €8,418
NBB · annual accounts
raises risk · Size: total assets €241,035
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
16 days early
2023
14 days early
2022
14 days early
2021
2 days early
2020
1 day early
2019
14 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 9 days before the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% 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 18 July (5 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
02-11-2026 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: Back in profit in 2025after a loss of €142,451 in 2024 €6,211 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Registered office moved from Antwerpen to DeurnePermanent representative: Van Loon Dirk
  2. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as MAG SHIPPING BVBA: logistics services (NACE 52250). They are comparable in size and age: total assets between €164,000 and €361,000, founded between 2001 and 2009.

CompanyTotal assetsGross margin
MAG SHIPPING BVBA Antwerpen€241,035€113,750
GLOBAL PROBLEM SOLVING COUNSELLORS Knokke-Heist€187,573€91,757
SPINCITY Wommelgem€185,089€157,052
GUSE BELGIUM Stabroek€163,644€137,960
SUCOBEL Antwerpen€207,434€66,965
ACBI Brecht€361,201€104,986
INLAND MARINE INTERNATIONAL Zoersel€329,876€81,531
Full comparison

Key facts about MAG SHIPPING BVBA

What is the company number of MAG SHIPPING BVBA?
The company number of MAG SHIPPING BVBA is 0878.172.672. The VAT number is the same number with BE in front: BE 0878.172.672.
Where is MAG SHIPPING BVBA based?
The registered office is at Venneborglaan 192, 2100 Antwerpen.Company details
What does MAG SHIPPING BVBA do?
According to the KBO register, the main activity is logistics services (NACE 52250).
What is the legal form of MAG SHIPPING BVBA?
The legal form of MAG SHIPPING BVBA is Private limited company (BV).
When was MAG SHIPPING BVBA founded?
MAG SHIPPING BVBA was founded on 26-12-2005.
Is MAG SHIPPING BVBA still active?
Yes, MAG SHIPPING BVBA is an active enterprise in the KBO register.
What is the turnover of MAG SHIPPING BVBA?
The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €113,750 and 2,211 comparable companies of the same size. It probably lies between €190,000 and €440,000. It is a rough estimate.Financials
Is MAG SHIPPING BVBA profitable?
In financial year 2025, MAG SHIPPING BVBA made a profit of €6,211.
Where can I find the annual accounts of MAG SHIPPING BVBA?
MAG SHIPPING BVBA filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MAG SHIPPING BVBA due?
MAG SHIPPING BVBA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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