MAGELLAN & CIE
ActiveSummary
The computed 12-month bankruptcy probability of MAGELLAN & CIE is 1.9% (moderate). The 2025 annual accounts show negative equity (-€193,251) and a net result of -€14,270. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 8% of 22,793 sector peers (NACE 47, financial year 2025). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 17-04-2002 Normal situation
- Activity
- Retail sale of bicycles NACE 47632and 2 others
- Joint committee
- 149 Paritair Comité voor de sectors die aan de metaal-, machine- en elektrische bouw verwant zijn · annual accounts 2022
- Establishment unit
- 2.094.696.192 1180 Ukkel, since 08-05-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Board and ownership
- Félix VANDERHOEVENManaging director
- Thierry VANDERHOEVENManaging director
- Félix VANDERHOVENManaging director
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.9%
- Gross margin
- €21,593
- Turnover
- ≈ €160,000
- estimated
- Loss
- €14,270
- ▼ 57.2%
- Equity
- -€193,251
- ▼ 8.8%
- Total assets
- €159,612
- ▼ 18.2%
- Staff
- ≈ 0.6 FTE
- estimated
- Negative equity on 31-12-2025
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLoss of €14,270, the second in a row (financial year 2025)Negative equity -€193,251Sector: Retail trade (NACE 47)lowers riskSize: total assets €159,612Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 47, micro). It does better than 6% of them on solvency, 39% on liquidity, 21% on profitability and 27% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
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).
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Signals
The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Appointments: Victor VANDERHOEVEN, Félix VANDERHOVEN and Thierry VANDERHOVEN
- · Gazette deed Appointments: Félix VANDERHOEVEN (director) and Thierry VANDERHOEVEN (managing director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as MAGELLAN & CIE: retail sale of bicycles (NACE 47632). They are comparable in size and age: total assets between €98,500 and €217,000, founded between 1991 and 2006.
| Company | Total assets | Gross margin |
|---|---|---|
| MAGELLAN & CIE Ukkel | €159,612 | €21,593 |
| MATMALOU Ittre | €184,242 | €25,918 |
| GHM Rendeux | €156,869 | €25,306 |
| EUROMOTO Bornem | €217,143 | €22,845 |
| MAGIC VELOS Brussel | €98,501 | €26,414 |
| TOP BIKE Mouscron | €151,655 | €24,340 |
| BIKE Kortrijk | €169,433 | €39,786 |
Key facts about MAGELLAN & CIE
- What is the company number of MAGELLAN & CIE?
- The company number of MAGELLAN & CIE is 0477.353.628. The VAT number is the same number with BE in front: BE 0477.353.628.
- Where is MAGELLAN & CIE based?
- The registered office is at Waterloosesteenweg 1126, 1180 Ukkel.Company details
- What does MAGELLAN & CIE do?
- According to the KBO register, the main activity is retail sale of bicycles (NACE 47632).
- What is the legal form of MAGELLAN & CIE?
- The legal form of MAGELLAN & CIE is Private limited company (BV).
- When was MAGELLAN & CIE founded?
- MAGELLAN & CIE was founded on 17-04-2002.
- Is MAGELLAN & CIE still active?
- Yes, MAGELLAN & CIE is an active enterprise in the KBO register.
- How many employees does MAGELLAN & CIE have?
- MAGELLAN & CIE had an average of 1.4 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does MAGELLAN & CIE fall under?
- In its 2022 annual accounts, MAGELLAN & CIE states joint committee 149 (Paritair Comité voor de sectors die aan de metaal-, machine- en elektrische bouw verwant zijn).
- What is the turnover of MAGELLAN & CIE?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €21,593 and 42 comparable companies (NACE 476). It probably lies between €82,000 and €360,000. It is a rough estimate.
- Is MAGELLAN & CIE profitable?
- In financial year 2025, MAGELLAN & CIE made a loss of €14,270.
- Where can I find the annual accounts of MAGELLAN & CIE?
- MAGELLAN & CIE filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MAGELLAN & CIE due?
- MAGELLAN & CIE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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