Debts
€420,807 75% of the balance sheet
Financial debts 86%Suppliers 9%Taxes and wages 0%Other 5%
Of this, €59,500 falls due within a year.
MAGEBO
Lifetime
2 annual accounts with figures on one time axispeak €133,934 (2024)
€87,324▼ 34.8%
peak €88,439 (2024)
€44,990▼ 49.1%
peak €140,930 (2025)
€140,930▲ 46.9%
€420,807▲ 22.9%
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €133,934 to €87,324Result from €88,439 to €44,990Registered office moved within Wommelgem 09-04Equity from €95,939 to €140,930Debts from €342,289 to €420,807Investments €172,210
Key points
from the 2025 annual accountsInvestments
€365,429 20.8 × depreciation
Green is investment, beige is depreciation. Machinery stands 648.5% higher than in 2024.
Position in the sector
€44,990
Higher net result than 86% of companies in retail trade. Sector median €5,052 · 22,922 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,602 companies had the same profile as MAGEBO has now. Each dot stands for 5 companies, two years later.
96.5%
were still trading
0.9%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,602 companies, not a prediction for MAGEBO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, since 22-05-2023
Director
- 50 sharesdeed of 24-05-2023
- 50 sharesdeed of 24-05-2023
Recent changes
Registered office moved within Wommelgem
New registered office: Sint-Damiaanstraat 40 GVL, 2160 Wommelgem · Previous registered office: Adolf Mortelmansstraat 2, 2160 Wommelgem · General meeting of 13-03-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0801956210
Incorporation
Founding capital of €7,500, 100 shares · Founders: and · Appointments: (director) and (director) · published on 24-05-2023 · Gazette deed
First establishment
Sint-Damiaanstraat 40, Wommelgem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MAGEBO Wommelgem | €561,736 | €87,324 | 25.1% | - |
| Ortho Technick Mortsel | €431,355 | €150,212 | 40.2% | - |
| ARTOPEDIC Frameries | €397,282 | €123,734 | 47.2% | - |
| HelderHoren Antwerp | €493,540 | €124,961 | 9.5% | - |
| OrthoPedico Schoentechniek Sint-Truiden | €640,397 | €164,345 | 19.0% | - |
| DENTAL NEGOCE Tournai | €789,303 | €136,264 | 3.2% | 0 |
| HYGEMED Mons | €570,164 | €194,123 | 55.8% | 1.7 |
These companies have the same main activity as MAGEBO: retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses (NACE 47741). They are comparable in size and age: total assets between €397,000 and €789,000, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 22-05-2023Normal situation
- Activity
- Retail sale of medical and orthopaedic goods, excluding prescription glasses and lensesNACE 47741and 1 other
- Establishment unit
- 2.345.454.1592160 Wommelgem, since 22-05-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Annual accounts 2025
- ≈ €420,000estimated
- €561,736▲ 28.2%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on MAGEBO
The 2025 annual accounts show equity of €140,930 and a net result of €44,990. Its solvency ranks better than 43% of 22,939 sector peers (NACE 47, financial year 2025).
The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MAGEBO
- What is the company number of MAGEBO?
- The company number of MAGEBO is 0801.956.210. The VAT number is the same number with BE in front: BE 0801.956.210.
- Where is MAGEBO based?
- The registered office is at Sint-Damiaanstraat 40, 2160 Wommelgem.Company details
- What does MAGEBO do?
- According to the KBO register, the main activity is retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses (NACE 47741).
- What is the legal form of MAGEBO?
- MAGEBO is a private limited company (BV).
- When was MAGEBO founded?
- MAGEBO was founded on 22-05-2023.
- Is MAGEBO still active?
- Yes, MAGEBO is an active enterprise in the KBO register.
- What is the turnover of MAGEBO?
- The turnover in financial year 2025 is ≈ €420,000. This figure is estimated from the gross margin of €87,324 and 45 comparable companies (NACE 477). It probably lies between €220,000 and €570,000.Financials
- Is MAGEBO profitable?
- In financial year 2025, MAGEBO made a profit of €44,990.
- Where can I find the annual accounts of MAGEBO?
- MAGEBO filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MAGEBO due?
- MAGEBO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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