MAGESCO - BD
ActiveSummary
MAGESCO - BD has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €230k and a net result of €818. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 95% of 12707 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
92
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-3
Solvency100=
Growth35=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 22.81 against 8.91 in 2024; short-term debt: 2% and cash: 35.2% of total assets), and 2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 69
Relative position
BE, all sectors
reference
Sector 69
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
98%
Return on assets
0.3%
Age of the figures
9 mo
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 04-05-2026, 88 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
88 d early
2024
87 d early
2023
86 d early
2022
103 d early
2021
79 d early
2020
61 d early
2019
81 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€79k▼ 13.0%
2024 · €91k
2023: €112k
2024: €91k
2023 → 2025
EBIT margin
4.0%▼ 4.2pp
2024 · 8.2%
2023: 12.3%
2024: 8.2%
2023 → 2025
Net result
€818▼ 78.3%
2024 · €4k
2018: €12k
2019: €3k
2020: €-6k
2021: €-6k
2022: €-5k
2023: €17k
2024: €4k
2018 → 2025
Working capital
€104k▲ 11.6%
2024 · €94k
2018: €48k
2019: €41k
2020: €43k
2021: €40k
2022: €42k
2023: €76k
2024: €94k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€112k€91k▼ 19.1%€79k▼ 13.0%
Equity€214k-€209k▼ 2.4%€226k▲ 7.9%€229k▲ 1.7%€230k▲ 0.4%
Operating result€-5k-€-5k▲ 16.7%€14k€7k▼ 46.1%€3k▼ 57.9%
Net result€-6k-€-5k▲ 13.7%€17k€4k▼ 77.3%€818▼ 78.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 58% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €235k
Fixed assets
€126k ▼ 7.4%
Current assets
€109k ▲ 3.6%
Equity and liabilities €235k
Equity
€230k ▲ 0.4%
Debt
€5k ▼ 59.5%
Debt's share of the balance-sheet total falls from 4.9% to 2.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14k▼
2024 · €22k
Cash flow
€12k▼
2024 · €18k
Current ratio
22.81▲
2024 · 8.91
Debt to equity
0.02▼
2024 · 0.05
ROE
0.4%▼
2024 · 1.6%
ROA
0.3%▼
2024 · 1.6%
Interest coverage
9.73▼
2024 · 10.50
Debt ≤ 1 year
€5k▼
2024 · €12k
Income taxes
€1k▼
2024 · €2k
Staff costs
€4k▲
2024 · €4k
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 · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€241k€235k▼
Fixed assets21/28€136k€126k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€136k€126k▼
Land and buildings22€136k€125k▼
Plant, machinery and equipment23-€979
Financial fixed assets28€97€97=
Current assets29/58€105k€109k▲
Amounts receivable within one year40/41€2k€8k▲
Trade receivables40€2k€8k▲
Other amounts receivable41€197€202▲
Current investments50/53€14k€14k▲
Cash at bank and in hand54/58€88k€83k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€241k€235k▼
Equity10/15€229k€230k▲
Contributions10/11€19k€19k=
Reserves13€210k€210k=
Tax-exempt reserves132€456€456=
Distributable reserves133€210k€210k=
Profit (loss) carried forward14€378€1k▲
Amounts payable17/49€12k€5k▼
Amounts payable within one year42/48€12k€5k▼
Trade debts44€10k€5k▼
Suppliers440/4€10k€5k▼
Taxes, remuneration and social security45€2k€236▼
Taxes450/3€2k€236▼
Other amounts payable47/48€4-
Income statement
Code20242025
Turnover70€91k€79k▼
Goods, raw materials, services and sundry goods60/61€62k€58k▼
Remuneration, social security and pensions62€4k€4k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€11k▼
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A-€399
Gross operating margin9900€29k€21k▼
Operating profit (loss)9901€7k€3k▼
Financial income75/76B€350€383▲
Recurring financial income75€350€383▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€6k€2k▼
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€4k€818▼
Profit (loss) for the period to be appropriated9905€4k€818▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€1k▼
Profit (loss) brought forward from the previous period14P€17k€378▼
Transfer to equity691/2€20k-
To other reserves6921€20k-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity triplescurrent ratio 22.81
Current ratio from 8.91 to 22.81; short-term debt falls from €12k to €5k.
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €17k
Net result €17k after 3 loss-making years.
19-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Marche-en-Famenne · 2 establishment units since 2001
Ground area
1,798 m²
Building footprint
169 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
Marche, Avenue de France 189, 6900 Marche-en-Famenne
since 20012.228.649.432
Marloie, Rue Mionvaux 11, 6900 Marche-en-Famenne
since 20172.271.765.437
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83053D0334/00Y005 | Wallonia | 910 m² | 1 · 99 m² | - |
| 83034A0689/00Y004 | Wallonia | 888 m² | 1 · 70 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 6,265 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 formPrivate limited company
Founded28-03-2001
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.