MAGDAL
ActiveMAGDAL has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €373k and a net result of €44k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▼-5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 44.36 against 36.15 in 2024; short-term debt: 2.3% and cash: 96.3% of total assets), and 2.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.7%
Return on assets
11.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
30 d late
2024
25 d late
2023
30 d late
2022
35 d early
2021
23 d late
2020
59 d early
2019
51 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€373k▲ 13.2%
2024 · €330k
2018: €177k
2019: €186k
2020: €210k
2021: €222k
2022: €245k
2023: €284k
2024: €330k
2018 → 2025
Total assets
€382k▲ 12.6%
2024 · €339k
2018: €204k
2019: €227k
2020: €233k
2021: €241k
2022: €258k
2023: €297k
2024: €339k
2018 → 2025
Net result
€44k▼ 5.1%
2024 · €46k
2018: €35k
2019: €35k
2020: €24k
2021: €13k
2022: €23k
2023: €39k
2024: €46k
2018 → 2025
Working capital
€373k▲ 13.2%
2024 · €330k
2018: €182k
2019: €186k
2020: €210k
2021: €222k
2022: €245k
2023: €284k
2024: €330k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€222k-€245k▲ 10.3%€284k▲ 15.7%€330k▲ 16.2%€373k▲ 13.2%
Operating result€21k-€34k▲ 59.7%€56k▲ 64.9%€60k▲ 7.8%€64k▲ 7.0%
Net result€13k-€23k▲ 81.6%€39k▲ 68.0%€46k▲ 19.3%€44k▼ 5.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 7% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €382k
Equity
€373k▲ 13.2%
Debt
€9k▼ 8.2%
The debt ratio falls from 2.8% to 2.3%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
97.7%▲
2024 · 97.2%
Current ratio
44.36▲
2024 · 36.15
Quick ratio
44.36▲
2024 · 36.15
Debt / equity
0.02▼
2024 · 0.03
ROE
11.7%▼
2024 · 13.9%
ROA
11.4%▼
2024 · 13.5%
Debt
€9k▼
2024 · €9k
Debt ≤ 1 year
€9k▼
2024 · €9k
Income taxes
€21k▼
2024 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€339k€382k▲
Current assets29/58€339k€382k▲
Amounts receivable within one year40/41€12k€14k▲
Trade receivables40€12k€14k▲
Other amounts receivable41-€150
Cash at bank and in hand54/58€327k€368k▲
Equity and liabilities
Total equity and liabilities10/49€339k€382k▲
Equity10/15€330k€373k▲
Contributions10/11€12k€12k=
Reserves13€317k€361k▲
Distributable reserves133€317k€361k▲
Amounts payable17/49€9k€9k▼
Amounts payable within one year42/48€9k€9k▼
Trade debts44€3k-
Suppliers440/4€3k-
Taxes, remuneration and social security45€7k€9k▲
Taxes450/3€7k€9k▲
Income statement
Code20242025
Other operating charges640/8€592€610▲
Gross operating margin9900€61k€65k▲
Operating profit (loss)9901€60k€64k▲
Financial income75/76B€7k-
Recurring financial income75€7k-
Financial charges65/66B€110€175▲
Recurring financial charges65€110€175▲
Profit (loss) for the period before taxes9903€67k€64k▼
Income taxes67/77€21k€21k▼
Profit (loss) for the period9904€46k€44k▼
Profit (loss) for the period to be appropriated9905€46k€44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€44k▼
Transfer to equity691/2€46k€44k▼
To other reserves6921€46k€44k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Highest result since 2018net €46k ▲19.3%
Net result €46k, the highest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Weakest financial yearnet €13k ▼47.7%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €210k ▲13%
3 profitable years in a row build equity to €210k.
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Nazareth-De Pinte · 1 establishment unit since 2001
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.
Koning Albertlaan 179840 Nazareth-De PinteGround area
115 m²
Building footprint
115 m²
Volume, LiDAR
859 m³
Parcel 44012B0695/00W000, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Koning Albertlaan 17, 9840 Nazareth-De Pinte
since 20012.116.148.337
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44012B0695/00W000 | Flanders | 115 m² | 1 · 115 m² | 12.1 m · 3 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.
Similar companies · same sector, comparable size
Elies
BE 0540.665.528
Kortrijk · Eq €373k
DYBO
BE 0827.679.125
Aalst · Eq €374k
DSP Kortenberg
BE 0786.523.411
Haacht · Eq €373k
DORPSHART
BE 0895.717.695
Roeselare · Eq €375k
QUALITY RENOVATIE
BE 0776.532.312
Zulte · Eq €372k
Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 4,996 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-01-2001
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
70111
68201Renting and operating of own or leased residential real estate, excluding social housing
70201
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.