Active BE 0867.038.854Private limited company (pre-2019)Open bankruptcy

MAGEEN

Markt 6 ·3740 Bilzen-Hoeselt, Belgium· 21 yrs active

Sector: Cafés (56301)

Conclusion Checked

A bankruptcy procedure is open for MAGEEN according to publications in the Belgian State Gazette. The 2020 annual accounts show negative equity (€-48k) and a net result of €-61k.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€-48k
Net result	€-61k
Staff (FTE)	0.8
Active	21 yrs

Snowflake analysis 5 axes · computed by Checked

37 / 100

Fragile profile — watch health in particular.

Health 0

Profitability 100

Solvency 33

Growth 50

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High risk

Components

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2020 · computed

0 / 100 Critical

050100

Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 22-01-2025 with the NBB · fiscal year 2024 · micro

Highlight YoY changes (±10%)

Fiscal year	2020
Revenue	—
EBITDA	€-10k
Net profit	€-61k
Cash flow	€-60k
Staff costs	—
Income taxes	—
Dividends	—
Total assets	€2k
Equity	€-48k
Debt	€51k
of which ≤ 1y	€33k
of which > 1y	€17k
Working capital	€-32k
Employees (FTE)	0.8

Ratios (computed)

	2020
Current ratio	0.05
Quick ratio	0.02
Working capital ratio	-1328.2%
Solvency	-2022.8%
Debt / equity	-0.35
Long-term debt ratio	-0.35
Interest coverage	—
Gross margin	—
Net margin	—
ROA	-2541.2%
ROE	125.6%
EBITDA margin	—
Days sales outstanding	—
Days payable outstanding	—
Inventory turnover	—
Days inventory (DSI)	—

Balance-sheet composition 2020

Assets

Fixed assets €753 · 31.5% Current assets €2k · 68.5%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2020
Balance sheet — Assets
TOTAL ASSETS	20/58	€2k
Fixed assets	21/28	€753
Tangible fixed assets	22/27	€753
Current assets	29/58	€2k
Stocks & contracts in progress	3	€984
Amounts receivable within one year	40/41	€212
Cash & bank	54/58	€383
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€2k
Equity	10/15	€-48k
Contributions / capital	10/11	€12k
Accumulated profits (losses)	14	€-61k
Amounts payable	17/49	€51k
Amounts payable after one year	17	€17k
Amounts payable within one year	42/48	€33k
Trade debts payable within one year	44	€700
Income statement
Gross operating margin	9900	€9k
Operating result	9901	€-11k
Financial income	75	€20
Financial charges	65	€3k
Result before taxes	9903	€-13k
Net result for the period	9904	€-13k
Result to be appropriated	9905	€-13k

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	ILSE VRANKEN KUNSTLAAN 10 BUS A01, 3500 HASSELT ↔ Also on 76 other cases	13-03-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	Cafés(56301)
Legal form	Private limited company (pre-2019)(015)
Incorporation	01-09-2004
Status	Active
Postal code	3740
First BS signal	19-03-2025
Latest BS signal	19-03-2025

Company structure — linked entities1 linked entities

Mandates

↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.

Establishment units 1 location

MAGEEN

Markt 6, 3740 Bilzen-Hoeseltproductie van verse kant- en klaarmaaltijden die vlees bevatten.

since 20042.142.475.424

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
73006M0587/00E000	Flanders	190 m²	1 · 190 m²	14.1 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data — this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

19-03-2025

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Hasselt · MAGEEN BV MARKT 6, 3740 BILZEN-HOESELT · event 13-03-2025

22-01-2025