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MAGBAZA

Active
Private limited company (pre-2019)founded 2008active for 18 yearsKlein-Hulststraat 49, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0898.301.360
Summary

MAGBAZA has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62,261 and a net result of €12,179. Equity has been growing by about 8.3% per year since 2018. Its solvency ranks better than 88% of 1,009 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 03-06-2008 Normal situation
Activity
Artisanal bread and fresh pastry making NACE 10712and 1 other
Establishment unit
2.199.870.126 9100 Sint-Niklaas, since 10-03-2011
Financial year end
31 December
Peppol
Reachable since 30-01-2025

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€16,978
▼ 14.7%
Turnover
≈ €110,000
estimated
Profit
€12,179
▼ 16.2%
Equity
€62,261
▲ 24.3%
Total assets
€82,403
▲ 38.9%
Score breakdownraises riskSector: Manufacture of food products (NACE 10)lowers riskLiquidity: current ratio 4.06, cash €76,245Equity €62,261 (75.6% of total assets)Founded in 2008Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 78% of micro companies in food products (NACE 10)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 75.6% of total assets
Liquidity 91-6
short-term debt 24.4% · cash 92.5%
Profitability 74-25
return on assets 14.8%
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 1.1% (3,083 companies, NACE 10, 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%● unchanged vs 05-2025highest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged 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%▼ -0.1 percentage points vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: 0.1%▲ +0.1 percentage points 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 €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.06 (6.35 in 2024), above the usual 1.5. Short-term debt is 24.4% and cash 92.5% of total assets. 24.4% 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 10, micro). It does better than 93% of them on solvency, 92% on liquidity, 55% on profitability and 72% 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 4.06, cash €76,245
NBB · annual accounts
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
lowers risk · Equity €62,261 (75.6% of total assets)
NBB · annual accounts
lowers risk · Founded in 2008
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 days early
2024
41 days early
2023
29 days early
2022
42 days early
2021
13 days early
2020
3 days early
2018
23 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 28 days before the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% 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 20 June (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

  • Positive: Higher solvency than 87% of companies in food productssector median 33.6% · 1,009 companies 75.6% View
  • Positive: Filed on time since financial year 2017accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as MAGBAZA: artisanal bread and fresh pastry making (NACE 10712). They are comparable in size and age: total assets between €72,600 and €115,000, founded between 2004 and 2014.

CompanyTotal assetsGross margin
MAGBAZA Sint-Niklaas€82,403€16,978
CAVDAR Schaerbeek€82,891€20,693
ZABIZAK Brussels€94,897€19,340
CHABRÉ Lommel€114,520€15,681
BOKE Brecht€79,089€14,377
HAYK 12 Evere€101,636€22,426
SADRI Antwerp€72,634€17,625
Full comparison

Key facts about MAGBAZA

What is the company number of MAGBAZA?
The company number of MAGBAZA is 0898.301.360. The VAT number is the same number with BE in front: BE 0898.301.360.
Where is MAGBAZA based?
The registered office is at Klein-Hulststraat 49, 9100 Sint-Niklaas.Company details
What does MAGBAZA do?
According to the KBO register, the main activity is artisanal bread and fresh pastry making (NACE 10712).
What is the legal form of MAGBAZA?
MAGBAZA is a private limited company (pre-2019) (BVBA).
When was MAGBAZA founded?
MAGBAZA was founded on 03-06-2008.
Is MAGBAZA still active?
Yes, MAGBAZA is an active enterprise in the KBO register.
What is the turnover of MAGBAZA?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €16,978 and 2,711 comparable companies of the same size. It probably lies between €48,000 and €290,000. It is a rough estimate.Financials
Is MAGBAZA profitable?
In financial year 2025, MAGBAZA made a profit of €12,179.
Where can I find the annual accounts of MAGBAZA?
MAGBAZA filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MAGBAZA due?
MAGBAZA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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