General partnership · founded 2014 · active for 12 yearsAvenue des Fougères(Be) 31, 7100 La Louvière, BelgiumKBO/BCE: BE 0562.814.388
Summary
MAGELAN Software Inc. has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low). No figures have been read from the filed annual accounts.
Signalsraises riskLatest accounts 175 days late; 1 of the last 3 lateFiled more than 90 days latelowers riskLegal form: general partnershipSector: Publishing activities (NACE 58)Founded in 2014Show the evidence
Bankruptcy probability
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
0.6%Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Sector median < 0.1% (514 companies, NACE 58, without accounts)
Last 24 months11-2024: 0.8%highest value12-2024: 0.8%● unchanged vs 11-202401-2025: 0.8%● unchanged vs 12-202402-2025: 0.8%● unchanged vs 01-202503-2025: 0.8%● unchanged vs 02-202504-2025: 0.8%● unchanged vs 03-202505-2025: 0.8%● unchanged vs 04-202506-2025: 0.8%● unchanged vs 05-202507-2025: 0.8%● unchanged vs 06-202508-2025: 0.8%● unchanged vs 07-202509-2025: 0.7%▼ -0.1 percentage points vs 08-202510-2025: 0.7%● unchanged vs 09-202511-2025: 0.7%● unchanged vs 10-202512-2025: 0.7%● unchanged vs 11-202501-2026: 0.7%● unchanged vs 12-202502-2026: 0.7%● unchanged vs 01-202603-2026: 0.7%● unchanged vs 02-202604-2026: 0.7%● unchanged vs 03-202605-2026: 0.7%● unchanged vs 04-202606-2026: 0.7%● unchanged vs 05-202607-2026: 0.6%▼ -0.1 percentage points vs 06-2026lowest value08-2026: 0.6%● unchanged vs 07-2026lowest value09-2026: 0.6%● unchanged vs 08-2026lowest value10-2026: 0.6%● unchanged vs 09-2026lowest value
The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 22-01-2018, 175 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.