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MAG. VAN MECHELEN

Active
Private limited companyfounded 1968active for 58 yearsVluchtenburgstraat 9, 2630 Aartselaar, BelgiumKBO/BCE: BE 0404.920.461
Summary

MAG. VAN MECHELEN has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €793,802 and a net result of -€4,975. Equity grew by about 3.8% per year on average since 2018. In 2025 it fell by 0.6%. Its solvency ranks better than 95% of 11,268 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active Normal situation
Activity
Renting and operating of own or leased residential real estate, excluding social housing NACE 68201
Establishment unit
2.003.718.409 2630 Aartselaar, since 01-07-1944
Financial year end
31 December
Peppol
Reachable since 21-10-2026

Board and ownership

Board
  • JOWARDDirector · permanent representative Ward Van Thielen
  • Julie V.T.Director · since 07-05-2025 · permanent representative Julie Van Thielen
Shareholders
  • JOWARD· score 9330-09-2025 annual accounts of JOWARD

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€42,770
▼ 78.4%
Turnover
≈ €70,000
estimated
Loss
€4,975
Equity
€793,802
▼ 0.6%
Total assets
€823,970
▲ 0.9%
Score breakdownraises riskLoss of €4,975 (financial year 2025)lowers riskLiquidity: current ratio 10.80, cash €301,130Size: total assets €823,970Equity €793,802 (96.3% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 70% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 96.3% of total assets
Liquidity 96+17
short-term debt 3.7% · cash 36.5%
Profitability 68-18
return on assets -0.6%
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 0.2% (26,628 companies, NACE 68, micro)
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 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: < 0.1%▼ -0.1 percentage points vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025highest value 08-2025: < 0.1%▼ -0.1 percentage points 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 12-2025lowest value 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 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €75,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 10.8 (16.02 in 2024), above the usual 1.5. Short-term debt is 3.7% and cash 36.5% of total assets. 3.7% 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 68, micro). It does better than 91% of them on solvency, 94% on liquidity, 54% on profitability and 43% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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 · Liquidity: current ratio 10.80, cash €301,130
NBB · annual accounts
lowers risk · Size: total assets €823,970
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €793,802 (96.3% of total assets)
NBB · annual accounts
raises risk · Loss of €4,975 (financial year 2025)
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
9 days early
2024
24 days early
2023
7 days early
2022
11 days early
2021
2 days early
2020
2 days early
2019
1 day 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 8 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 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 22 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
05-11-2026 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

  • Caution: From profit to loss in 2025after a profit of €115,228 in 2024 -€4,975 View
  • Positive: Higher solvency than 94% of companies in real estatesector median 30.7% · 11,268 companies 96.3% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed 2 directors appointed, 1 director resigningResignation: Ward Van Thielen (director) · Appointments: Joward BV (director) and Julie V.T. BV (director) · Permanent representatives: Ward Van Thielen and Julie Van Thielen
  2. · Gazette deed Appointment: VAN THIELEN Edward (director)Legal-form conversion: from private limited company (pre-2019) to private limited company
All 17 events

Comparable companies

These companies have the same main activity as MAG. VAN MECHELEN: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €692,000 and €1.2m, founded between 1968 and 1983.

CompanyTotal assetsGross margin
MAG. VAN MECHELEN Aartselaar€0.8m€0.04m
HET ZWANEPAND Antwerp€0.7m€0.03m
BAEKEN et MARDEGAN La Bruyère€0.8m€0.04m
D.L.M. INVEST Gistel€0.7m€0.06m
Huis Traen - Coucke Bruges€1.2m€0.05m
LE VIEUX LOGIS Waterloo€1.1m€0.03m
FRAMARI Hasselt€1.2m€0.05m
Full comparison

Key facts about MAG. VAN MECHELEN

What is the company number of MAG. VAN MECHELEN?
The company number of MAG. VAN MECHELEN is 0404.920.461. The VAT number is the same number with BE in front: BE 0404.920.461.
Where is MAG. VAN MECHELEN based?
The registered office is at Vluchtenburgstraat 9, 2630 Aartselaar.Company details
What does MAG. VAN MECHELEN do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of MAG. VAN MECHELEN?
MAG. VAN MECHELEN is a private limited company (BV).
When was MAG. VAN MECHELEN founded?
MAG. VAN MECHELEN was founded on 01-01-1968.
Is MAG. VAN MECHELEN still active?
Yes, MAG. VAN MECHELEN is an active enterprise in the KBO register.
What is the turnover of MAG. VAN MECHELEN?
The turnover in financial year 2025 is ≈ €70,000. This figure is estimated from the gross margin of €42,770 and 51 comparable companies (NACE 682). It probably lies between €52,000 and €100,000.Financials
Is MAG. VAN MECHELEN profitable?
In financial year 2025, MAG. VAN MECHELEN made a loss of €4,975.
Where can I find the annual accounts of MAG. VAN MECHELEN?
MAG. VAN MECHELEN filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MAG. VAN MECHELEN due?
MAG. VAN MECHELEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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