MAGENTA
ActiveSummary
MAGENTA has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.74M and a net result of €-94k. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 49% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability18▼-54
Solvency55=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity tight (current ratio 1.49 against 2.42 in 2023; short-term debt: 6.6% and cash: 9.4% of total assets), and 70% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
30%
Return on assets
-1.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
23 d early
2023
4 d late
2022
2 d late
2021
31 d early
2020
24 d early
2019
17 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.74M▲ 109%
2023 · €830k
2018: €528k
2019: €583k
2020: €644k
2021: €705k
2022: €766k
2023: €830k
2018 → 2024
Total assets
€5.79M▲ 107%
2023 · €2.79M
2018: €597k
2019: €641k
2020: €703k
2021: €752k
2022: €882k
2023: €2.79M
2018 → 2024
Net result
€-94k
2023 · €64k
2018: €54k
2019: €56k
2020: €61k
2021: €62k
2022: €62k
2023: €64k
2018 → 2024
Working capital
€189k▼ 53.0%
2023 · €403k
2018: €50k
2019: €142k
2020: €238k
2021: €284k
2022: €322k
2023: €403k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€644k-€705k▲ 9.5%€766k▲ 8.8%€830k▲ 8.3%€1.74M▲ 109%
Operating result€80k-€82k▲ 1.8%€83k▲ 0.9%€101k▲ 22.3%€21k▼ 78.8%
Net result€61k-€62k▲ 1.4%€62k▲ 1.1%€64k▲ 2.8%€-94k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 79% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.79M
Fixed assets
€5.21M ▲ 148%
Current assets
€574k ▼ 16.5%
Equity and liabilities €5.79M
Equity
€1.74M ▲ 109%
Debt
€4.05M ▲ 107%
Debt's share of the balance-sheet total falls from 70.3% to 70.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€22k▼
2023 · €120k
Cash flow
€-94k▼
2023 · €83k
Current ratio
1.49▼
2023 · 2.42
Debt to equity
2.33▼
2023 · 2.36
ROE
-5.4%▼
2023 · 7.7%
ROA
-1.6%▼
2023 · 2.3%
Interest coverage
0.19▼
2023 · 7.47
Debt ≤ 1 year
€385k▲
2023 · €284k
Debt > 1 year
€3.66M▲
2023 · €1.67M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.79M€5.79M▲
Fixed assets21/28€2.10M€5.21M▲
Tangible fixed assets22/27€2.10M€5.21M▲
Land and buildings22€325k€3.19M▲
Plant, machinery and equipment23€102€1.49M▲
Furniture and vehicles24-€532k
Assets under construction and advance payments27€1.78M-
Current assets29/58€687k€574k▼
Amounts receivable within one year40/41€19k€25k▲
Trade receivables40€3k€2k▼
Other amounts receivable41€16k€24k▲
Cash at bank and in hand54/58€658k€544k▼
Deferred charges and accrued income490/1€9k€4k▼
Equity and liabilities
Total equity and liabilities10/49€2.79M€5.79M▲
Equity10/15€830k€1.74M▲
Contributions10/11€62k€1.06M▲
Capital10€62k€1.06M▲
Issued capital100€62k€1.06M▲
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€762k€668k▼
Amounts payable17/49€1.96M€4.05M▲
Amounts payable after more than one year17€1.67M€3.66M▲
Financial debts170/4€1.67M€3.66M▲
Amounts payable within one year42/48€284k€385k▲
Current portion of amounts payable after more than one year42-€345k
Trade debts44€252k€10k▼
Suppliers440/4€252k€10k▼
Taxes, remuneration and social security45€2k-
Taxes450/3€2k-
Other amounts payable47/48€30k€30k=
Accrued charges and deferred income492/3€12k€12k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€102▼
Other operating charges640/8€9k€10k▲
Gross operating margin9900€130k€32k▼
Operating profit (loss)9901€101k€21k▼
Financial income75/76B€348€981▲
Recurring financial income75€348€981▲
Financial charges65/66B€16k€116k▲
Recurring financial charges65€16k€116k▲
Profit (loss) for the period before taxes9903€85k€-94k▼
Transfer from deferred taxes780€89-
Income taxes67/77€21k-
Profit (loss) for the period9904€64k€-94k▼
Profit (loss) for the period to be appropriated9905€64k€-94k▼
Appropriation of the result
Profit (loss) to be appropriated9906€762k€668k▼
Profit (loss) brought forward from the previous period14P€698k€762k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-94k
Net result drops to €-94k, the lowest in the series.
31-12
Financial
Equity above €1MEq €1.74M ▲109%
Equity rises from €830k to €1.74M.
04-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 4 days late
2023
31-12
Financial
Highest result since 2018net €64k ▲2.8%
Operating result €101k, net result €64k, both a record.
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity doublescurrent ratio 4.04
Current ratio from 1.85 to 4.04; short-term debt falls from €59k to €47k.
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Zemst · 1 establishment unit since 2002
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.
Erasmuslaan 111804 Zemst1 establishment unit
MAGENTA
since 20022.101.861.920
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,384. 2,793 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-04-2002
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
17250Manufacture of paper and paper products
73200Market research and public opinion polling
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filings
Scores and ratios are computed by Checked and are not a credit decision.