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MAGENCO

Active
Private limited companyfounded 2024active for 2 yearsDrève Richelle 161/K, 1410 Waterloo, BelgiumKBO/BCE: BE 1008.439.813
Summary

MAGENCO has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €154,854 and a net result of €211,854. Its solvency ranks better than 20% of 39,275 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 16-04-2024 Normal situation
Activity
Business and other management consultancy NACE 70200and 2 others
Establishment unit
2.359.683.762 1410 Waterloo, since 22-05-2024
Financial year end
31 December
Peppol
Reachable since 20-11-2025

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€321,037
Turnover
≈ €460,000
estimated
Profit
€211,854
Equity
€154,854
Total assets
€980,103
Score breakdownraises risk1 change of registered office in 24 monthslowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €980,103Figures for financial year 2025 (filed on 24-07-2026)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 42% of micro companies in head offices and management consultancy (NACE 70)
Financial strength
Strong
Solvency 41
equity 15.8% of total assets
Liquidity 55
short-term debt 36.9% · cash 17.1%
Profitability 92
return on assets 21.6%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,536 companies, NACE 70, micro)
Last 24 months 05-2025: 0.4% 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.5%▲ +0.1 percentage points vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.6%▲ +0.1 percentage points vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026highest value 06-2026: 0.6%● unchanged vs 05-2026highest value 07-2026: 0.6%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.6 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.2%▲ +0.2 percentage points vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €13,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is insufficient, with a current ratio of 0.55, below 1. Short-term debt is 36.9% and cash 17.1% of total assets. 84.2% of the assets are financed with debt and provisions.
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 70, micro). It does better than 21% of them on solvency, 44% on liquidity and 61% on profitability.

The bankruptcy probability was computed on 03-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: total assets €980,103
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 24-07-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 39275 sector peers (2025).
NBB · sector comparison
Position among 39275 sector peers
Solvency
better than 20%
← weakest strongest →
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
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 24-07-2026, 7 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
7 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Key points

  • Positive: Higher net result than 95% of companies in head offices and management consultancysector median €27,193 · 39,291 companies €211,854 View

Recent changes

  1. · Gazette deed Registered office moved to WaterlooNew seat: Drève Richelle 161/K bte 13 1410 Waterloo
  2. · Gazette deed IncorporationStarting capital €1,000 · Appointments: PIRET-GÉRARD Ghislain Arnold Martin Mercédes (director) and PIRET-GÉRARD Martin Marie Gregory Daniel (director) · Permanent representative: PIRET-GÉRARD Martin Marie Gregory Daniel
All 3 events

Comparable companies

These companies have the same main activity as MAGENCO: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €813,000 and €992,000, founded between 2023 and 2024.

CompanyTotal assetsGross margin
MAGENCO Waterloo€980,103€321,037
EMMANUEL TERRASSE Sint-Pieters-Woluwe€876,787€343,958
Sky Management Jette€951,871€355,574
MON COURTIER ENERGIE BELGIUM Grâce-Hollogne€846,868€317,216
Nnba Schaarbeek€981,914€360,214
AVM360 Beveren-Kruibeke-Zwijndrecht€992,442€288,064
Lamoer Merelbeke-Melle€813,482€338,032
Full comparison

Key facts about MAGENCO

What is the company number of MAGENCO?
The company number of MAGENCO is 1008.439.813. The VAT number is the same number with BE in front: BE 1008.439.813.
Where is MAGENCO based?
The registered office is at Drève Richelle 161/K, 1410 Waterloo.Company details
What does MAGENCO do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of MAGENCO?
The legal form of MAGENCO is Private limited company (BV).
When was MAGENCO founded?
MAGENCO was founded on 16-04-2024.
Is MAGENCO still active?
Yes, MAGENCO is an active enterprise in the KBO register.
What is the turnover of MAGENCO?
The turnover in financial year 2025 is ≈ €460,000. This figure is estimated from the gross margin of €321,037 and 95 comparable companies (NACE 70200). It probably lies between €380,000 and €800,000.Financials
Is MAGENCO profitable?
In financial year 2025, MAGENCO made a profit of €211,854.
Where can I find the annual accounts of MAGENCO?
MAGENCO filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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