Equity
€523,827 ▲ 54.0%
Equity rose in 2025 from €340,217 to €523,827.
MAGECON
Lifetime
3 annual accounts with figures on one time axispeak €263,635 (2025)
€263,635▲ 6.1%
peak €183,447 (2025)
€183,447▲ 8.8%
peak €523,827 (2025)
€523,827▲ 54.0%
€194,406▼ 14.0%
Board1 name since 2023
1 directorGEUKENS Martin Ludovicus Kristina
Documentsfilings and deeds
24-02-2026157 days before the deadline
2025micro format
Equity from €340,217 to €523,827Cash from €90,660 to €225,551
Key points
from the 2025 annual accountsTurnover
≈ €660,000 estimated
The micro format states no turnover.
Position in the sector
€183,447
Higher net result than 95% of companies in architecture and engineering. Sector median €16,709 · 11,795 companies.
Checked score
97
Excellent
Financially stronger than 78% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: 0.1%▲ +0.1 percentage points vs 07-2025highest value
09-2025: 0.1%● unchanged vs 08-2025highest value
10-2025: 0.1%● unchanged vs 09-2025highest value
11-2025: 0.1%● unchanged vs 10-2025highest value
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: < 0.1%▼ -0.1 percentage points vs 02-2026lowest value
04-2026: < 0.1%● unchanged vs 03-2026lowest value
05-2026: < 0.1%● unchanged vs 04-2026lowest value
06-2026: < 0.1%● unchanged vs 05-2026lowest value
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
Financial strengthStrong
Score breakdown
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Liquidity: current ratio 3.51, cash €225,551
Size: total assets €718,233
Figures for financial year 2025 (filed on 24-02-2026)
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 71, micro). It does better than 72% of them on solvency, 68% on liquidity, 88% on profitability and 83% on growth.
The bankruptcy probability was computed on 08-11-2026 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).
Comparable companies, two years later
In July 2024, 3,127 companies had the same profile as MAGECON has now. Each dot stands for 8 companies, two years later.
97.2%
were still trading
1.9%
stopped another way
0.8%
went bankrupt
That fits the bankruptcy probability of MAGECON itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 3,127 companies, not a prediction for MAGECON. 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
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.51 (2.42 in 2024), above the usual 1.5. Short-term debt is 25.7% and cash 31.4% of total assets. 27.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 24-02-2026, 157 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
157 days early
2024
23 days early
2023
37 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 72 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 25 June (3 of the last 3 accounts filed within 121 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- GEUKENS Martin Ludovicus Kristina 75 sharesdeed of 13-04-2023
- VERSPREET Nicole Maria 75 sharesdeed of 13-04-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0800615729
Incorporation
Founding capital of €15,000, 150 shares · Founders: GEUKENS Martin Ludovicus Kristina and VERSPREET Nicole Maria · Appointment: GEUKENS Martin Ludovicus Kristina (director) · published on 13-04-2023 · Gazette deed
First establishment
De Heuvels 12A, Laakdal
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MAGECON Laakdal | €718,233 | €263,635 | 72.9% | - |
| VDL KTI Process Engineering Mol | €864,393 | €268,324 | 67.5% | - |
| BIOXQ Hasselt | €651,871 | €285,680 | 69.8% | - |
| ROBOTICS VENTURES Antwerp | €681,627 | €385,380 | 80.3% | - |
| ROMBE PARTNERING Bonheiden | €837,532 | €283,617 | 97.3% | - |
| VANERI CONSULTING Kapellen | €534,861 | €190,133 | 28.5% | - |
| Provecta Mechelen | €814,022 | €362,071 | 9.7% | - |
These companies have the same main activity as MAGECON: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €535,000 and €864,000, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 11-04-2023Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 4 others
- Establishment unit
- 2.344.325.8902430 Laakdal, since 11-04-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 18-02-2025
Annual accounts 2025
- €718,233▲ 26.8%
- Filing
- Filed on 24-02-2026, 157 days before the end of the filing period
Insights on MAGECON
MAGECON files the micro format. That format states no turnover. The gross margin rose from €223,932 in 2023 to €263,635 in 2025.
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 MAGECON
- What is the company number of MAGECON?
- The company number of MAGECON is 0800.615.729. The VAT number is the same number with BE in front: BE 0800.615.729.
- Where is MAGECON based?
- The registered office is at De Heuvels 12A, 2430 Laakdal.Company details
- What does MAGECON do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of MAGECON?
- MAGECON is a private limited company (BV).
- When was MAGECON founded?
- MAGECON was founded on 11-04-2023.
- Is MAGECON still active?
- Yes, MAGECON is an active enterprise in the KBO register.
- What is the turnover of MAGECON?
- The turnover in financial year 2025 is ≈ €660,000. This figure is estimated from the gross margin of €263,635 and 40 comparable companies (NACE 711). It probably lies between €460,000 and €860,000.Financials
- Is MAGECON profitable?
- In financial year 2025, MAGECON made a profit of €183,447.
- Where can I find the annual accounts of MAGECON?
- MAGECON filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MAGECON due?
- MAGECON must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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