MagCam

Active

Public limited companyfounded 2009active for 16 yearsRomeinse straat 18, 3001 Leuven, BelgiumKBO/BCE: BE 0820.600.204

Summary

MagCam has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €945,364 and a net result of -€88,628. Equity remains stable across the filed financial years (±2.5% per year). Its solvency ranks better than 68% of 172 sector peers (NACE 26, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow Report Compare

MagCamActiveChecked score 88/100

Risk analysis Report Compare

Activity

Manufacture of computer, electronic and optical products

NACE 26510Computer programming NACE 62100

1 site

Size

€1.1mturnover 2025

Staff: 4.6 FTE
Equity: €945,364
Loss: -€88,628

Financial health

88 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Structure

Largest shareholder: Allegro Investment Fund · 15%

2025 accounts 39 days early4 deeds in the Belgian Official Gazette

Why 88raises riskLoss of €88,628 (financial year 2025)lowers riskFigures for financial year 2025 (filed 22-06-2026)Sector: Manufacture of computer, electronic and optical products (NACE 26)Equity €945,364 (68.3% of total assets)Show the evidence

Checked score

Score 2025

88 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 37% of its sector peers (NACE 26, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 93-5

equity 68.3% of total assets

Liquidity 45-9

short-term debt 31.1% · cash 6.7%

Profitability 10-56

return on assets -6.4%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (447 companies, NACE 26, micro)

Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.5%▼ -0.1 percentage points vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.2 percentage points vs 07-2025 09-2025: 0.9%▲ +0.1 percentage points vs 08-2025highest value 10-2025: 0.1%▼ -0.8 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 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: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026

Credit of up to €80,000 on 30-day terms is acceptable

Liquidity ample (current ratio 2.43, compared with 3.87 in 2024, above the usual 1.5; short-term debt: 31.1% and cash: 6.7% of total assets), and 31.7% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 26, micro): better than 69% on solvency, 31% on liquidity, 24% on profitability and 24% on growth.

The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Loss of €88,628 (financial year 2025)

NBB · annual accounts

Figures for financial year 2025 (filed 22-06-2026)

NBB · annual accounts

Sector: Manufacture of computer, electronic and optical products (NACE 26)

KBO

Equity €945,364 (68.3% of total assets)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

39 days early

2024

30 days late

2023

21 days late

2022

29 days late

2021

31 days late

2020

27 days late

2019

35 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 9 days after the deadline; the sector median (NACE 26) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)

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 29 August (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

22-06-2026 Annual accounts filedfinancial year 2025 · full…
30-08-2025 Annual accounts filedfinancial year 2024 · abbreviated…
31-12-2024 Back to profitnet €100,039

Key points

Caution: From profit to loss in 2025after €100,039 in 2024 -€88,628 View
Flemish supportawarded from 2022 to 2025 €405,020 View
Turnover 20256 financial years filed €1.1m View

By topic

Financials

Financial year: 2025
Turnover: €1.1m
Loss: -€88,628
Solvency: 68.3%

Turnover▼ 23.4%

Net result

20202025

Go to Financials

Board & ownership

Largest shareholder: Allegro Investment Fund · 15%

Go to Board & ownership

Timeline

Events: 22
Since: 2011
Next accounts: by 31-07-2027

31-12-2024Equity above €1m
21-08-2024Annual accounts filed
29-08-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Manufacture of computer, electronic and optical productsNACE 26510
Founded: 12-11-2009
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about MagCam

What is the company number of MagCam?: 0820.600.204. In Belgium the VAT number is the company number with BE in front: BE 0820.600.204.
Where is MagCam based?: The registered office is at Romeinse straat 18, 3001 Leuven.Company details
What does MagCam do?: According to the KBO register, the main activity is manufacture of computer, electronic and optical products (NACE 26510).
What is the legal form of MagCam?: Public limited company (NV).
When was MagCam founded?: On 12-11-2009.
Is MagCam still active?: Yes, MagCam is an active enterprise in the KBO register.
How many employees does MagCam have?: On average 4.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MagCam?: €1.1m in financial year 2025, according to the filed annual accounts.
Is MagCam profitable?: In financial year 2025, MagCam made a loss of €88,628.
Where can I find the annual accounts of MagCam?: MagCam filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MagCam due?: By 31-07-2027, for financial year 2026.Timeline