MAGELLAN BE

Active

Public limited companyfounded 20251 yr activeBrusselsesteenweg 340, 3090 Overijse, BelgiumKBO/BCE: BE 1026.077.678

MAGELLAN BE has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.28M and a net result of €784k. Its solvency ranks better than 23% of 4827 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

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Checked score

Score 2025

64 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes

Profitability70

Solvency46

Growth-

Track record67

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €80k at 30 days only on tighter terms

Liquidity tight (current ratio 1.28; short-term debt: 77.9% and cash: 40.1% of total assets), and 78.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

21.2%

Return on assets

13%

Age of the figures

9 mo

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 4827 sector peers (2025).

NBB · sector comparison

Position among 4827 sector peers

Solvency

better than 23%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

31 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover

€4.97M

EBIT margin

22.5%

Net result

€784k

Working capital

€1.34M

Balance-sheet composition

Equity and liabilities €6.05M

21.2%

78.8%

Equity €1.28M

Debt €4.76M

Debt finances 78.8% of the balance-sheet total.

Key figures and ratios

2025 value

Solvency

21.2%

Current ratio

1.28

Quick ratio

1.14

Debt / equity

3.71

ROE

61.1%

ROA

13.0%

Debt

€4.76M

Debt ≤ 1 year

€4.71M

Income taxes

€261k

Filed annual accounts

As filed with the NBB · 2025

Balance sheet Code2025

Assets

Total assets20/58€6.05M

Current assets29/58€6.05M

Stocks and contracts in progress3€654k

Stocks30/36€654k

Goods purchased for resale34€654k

Amounts receivable within one year40/41€2.97M

Trade receivables40€2.49M

Other amounts receivable41€475k

Cash at bank and in hand54/58€2.43M

Equity and liabilities

Total equity and liabilities10/49€6.05M

Equity10/15€1.28M

Contributions10/11€500k

Capital10€500k

Issued capital100€500k

Reserves13€39k

Non-distributable reserves130/1€39k

Legal reserve130€39k

Profit (loss) carried forward14€745k

Amounts payable17/49€4.76M

Amounts payable within one year42/48€4.71M

Trade debts44€4.45M

Suppliers440/4€4.45M

Taxes, remuneration and social security45€261k

Taxes450/3€261k

Accrued charges and deferred income492/3€52k

Income statement Code2025

Operating income70/76A€4.97M

Turnover70€4.97M

Operating charges60/66A€3.85M

Goods for resale, raw materials and consumables60€3.83M

Purchases600/8€4.49M

Change in stocks: decrease (increase)609€-654k

Services and other goods61€15k

Operating profit (loss)9901€1.12M

Financial income75/76B€3k

Recurring financial income75€3k

Income from current assets751€3k

Financial charges65/66B€75k

Recurring financial charges65€75k

Debt charges650€3k

Other financial charges652/9€72k

Profit (loss) for the period before taxes9903€1.05M

Income taxes67/77€261k

Taxes670/3€261k

Profit (loss) for the period9904€784k

Profit (loss) for the period to be appropriated9905€784k

Appropriation of the result

Profit (loss) to be appropriated9906€784k

Transfer to equity691/2€39k

To the legal reserve6920€39k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 1Filings 1

2026

30-06

NBB filing Annual accounts filed

fiscal year 2025 · full schema

NBB filing

Directors · office · real estate

Directors

3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Overijse · 1 establishment unit since 2025

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Brusselsesteenweg 3403090 Overijse

Ground area

1.3 ha

Building footprint

2,301 m²

Volume, LiDAR

23,300 m³

Parcel 23062B0379/00D004, Flanders · tallest building 12.2 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

Brusselsesteenweg 340, 3090 Overijse

Agents in the wholesale of industrial machinery, ships and aircraft

since 20252.376.543.847

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23062B0379/00D004	Flanders	1.3 ha	1 · 2,301 m²	12.2 m · 4 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

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

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

Recognitions · licences · registrations

Legal Entity Identifier

984500E8496FE5047A68

live in the LEI register

Similar companies · same sector, comparable size

Erpe-Mere · Eq €1.28M

LAMELLO BELGIUM

BE 0442.029.097

Kruisem · Eq €1.27M

Danfoss Power Solutions

Lochristi · Eq €1.25M

Of 828 companies in sector 46620 we hold annual accounts for 642. 503 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPublic limited company

Founded31-07-2025

Fiscal year end31-12

Activities, NACEBEL

46620Wholesale of machine tools

46140Agents in the wholesale of industrial machinery, ships and aircraft

46630Wholesale trade

77310Rental and leasing activities

77320Rental and leasing activities

Sources

Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.