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MAGE CONSTRUCT

Active
Private limited companyfounded 2004active for 21 yearsRue Jules Cousin 18, 7080 Frameries, BelgiumKBO/BCE: BE 0870.371.793
Summary

MAGE CONSTRUCT has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €38,026. Equity has been growing by about 7.3% per year since 2018. Its solvency ranks better than 78% of 2,797 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 03-12-2004 Normal situation
Activity
General construction of residential buildings NACE 41001and 3 others
Joint committee
209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 2024
Establishment unit
2.148.680.454 7080 Frameries, since 25-08-2005
Financial year end
31 December
Peppol
Reachable since 03-07-2026

Board and ownership

Board

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€343,458
▲ 21.8%
Turnover
≈ €730,000
estimated
Profit
€38,026
▼ 45.1%
Equity
€1.5m
▲ 2.5%
Total assets
€2.3m
▲ 5.9%
Employees on 31-12-2025
1
▼ 50.0%
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 2 of the last 3 accounts lateSector: Construction of residential and non-residential buildings (NACE 41)lowers riskFounded in 2004Size: 1 FTE, total assets €2.3mShow the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 52% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Strong
Solvency 91-2
equity 66.1% of total assets
Liquidity 47-12
short-term debt 33.9% · cash 9.6%
Profitability 71-2
return on assets 1.6%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,452 companies, NACE 41, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025 09-2025: 0.6%▲ +0.1 percentage points vs 08-2025highest value 10-2025: 0.2%▼ -0.4 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.3%▼ -0.1 percentage points vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €130,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.86 (3.03 in 2024), above the usual 1.5. Short-term debt is 33.9% and cash 9.6% of total assets. 33.9% 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 41, micro). It does better than 75% of them on solvency, 46% on liquidity, 43% on profitability and 42% on growth.

The bankruptcy probability was computed on 01-11-2026 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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Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 31 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Founded in 2004
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 1 FTE, total assets €2.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
29 days late
2023
31 days late
2022
164 days late
2021
31 days late
2020
123 days late
2019
87 days late
← 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 71 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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 31 August (4 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: 2nd largest company by total assets in Frameries, Construction sectorin the Checked rankings No. 2 View
  • Positive: 8 profitable years in a rowprofit 2025: €38,026 8 years View

Recent changes

  1. · Gazette deed Reappointment: D’ANGELO Antony (director)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as MAGE CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €1.6m and €2.4m, founded between 2000 and 2010.

CompanyTotal assetsGross margin
MAGE CONSTRUCT Frameries€2.3m€0.3m
ART TECH BETON Soignies€1.8m€0.3m
DE MEESTER PROJECTS Rijkevorsel€2.0m€0.3m
DE RAEDT B & M Laarne€2.4m€0.3m
JOHAN VAN DRIESSCHE Denderleeuw€2.1m€0.3m
BOUWWERKEN HERMAN DE MEESTER Rijkevorsel€1.6m€0.4m
VANA-CONSTRUCT Staden€2.1m€0.4m
Full comparison

Key facts about MAGE CONSTRUCT

What is the company number of MAGE CONSTRUCT?
The company number of MAGE CONSTRUCT is 0870.371.793. The VAT number is the same number with BE in front: BE 0870.371.793.
Where is MAGE CONSTRUCT based?
The registered office is at Rue Jules Cousin 18, 7080 Frameries.Company details
What does MAGE CONSTRUCT do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of MAGE CONSTRUCT?
The legal form of MAGE CONSTRUCT is Private limited company (BV).
When was MAGE CONSTRUCT founded?
MAGE CONSTRUCT was founded on 03-12-2004.
Is MAGE CONSTRUCT still active?
Yes, MAGE CONSTRUCT is an active enterprise in the KBO register.
How many employees does MAGE CONSTRUCT have?
MAGE CONSTRUCT had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MAGE CONSTRUCT fall under?
In its 2024 annual accounts, MAGE CONSTRUCT states joint committee 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid).
What is the turnover of MAGE CONSTRUCT?
The turnover in financial year 2025 is ≈ €730,000. This figure is estimated from the gross margin of €343,458 and 30 comparable companies (NACE 41001). It probably lies between €590,000 and €1.1m.
Is MAGE CONSTRUCT profitable?
In financial year 2025, MAGE CONSTRUCT made a profit of €38,026.
Where can I find the annual accounts of MAGE CONSTRUCT?
MAGE CONSTRUCT filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MAGE CONSTRUCT due?
MAGE CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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