MAGIMI
Bankruptcy closedInactive since 19-05-2026; last annual accounts for fiscal year 2019.
Summary
MAGIMI was declared bankrupt on 17-11-2025 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 12-05-2026, published in the Belgian State Gazette on 29-05-2026.
Signals
1 signal.
+raises risk
Checked, nothing found (1)
History
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Financials · fiscal year 2019, micro schema
Turnover
€67,693▲ 33.0%
2018 · €50,888
EBIT margin
27.1%▼ 11.3pp
2018 · 38.4%
Net result
€15,992▼ 18.2%
2018 · €19,549
Working capital
€39,695▼ 36.9%
2018 · €62,859
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019
Turnover€50,888-€67,693▲ 33.0%
Operating result€19,549-€18,329▼ 6.2%
Net result€19,549-€15,992▼ 18.2%
EBIT margin38.4%-27.1%▼ 11.3pp
Equity€6,245-€22,237▲ 256%
Total assets€95,887-€127,158▲ 32.6%
Debt€89,642-€104,921▲ 17.0%
Working capital€62,859-€39,695▼ 36.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2019; 2019 is 6% below 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Equity and liabilities €127,158
Equity
€22,237 ▲ 256%
Debt
€104,921 ▲ 17.0%
Debt's share of the balance-sheet total falls from 93.5% to 82.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18,629
Cash flow
€16,292
Current ratio
1.45▼
2018 · 2.92
Debt to equity
0.79▼
2018 · 9.11
ROE
71.9%▼
2018 · 313.0%
ROA
12.6%▼
2018 · 20.4%
Debt ≤ 1 year
€87,463▲
2018 · €32,728
Debt > 1 year
€17,458▼
2018 · €56,914
Income taxes
€2,224
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Turnover70 | €50,888 | €67,693 | ▲ 33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €300 | - |
| Gross operating margin9900 | €20,497 | €18,629 | ▼ 9.1% |
| Operating profit (loss)9901 | €19,549 | €18,329 | ▼ 6.2% |
| Recurring financial charges65 | - | €113 | - |
| Profit (loss) for the period before taxes9903 | €19,549 | €18,216 | ▼ 6.8% |
| Income taxes67/77 | - | €2,224 | - |
| Profit (loss) for the period9904 | €19,549 | €15,992 | ▼ 18.2% |
| Profit (loss) for the period to be appropriated9905 | €19,549 | €15,992 | ▼ 18.2% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €95,887 | €127,158 | ▲ 32.6% |
| Fixed assets21/28 | €300 | - | - |
| Intangible fixed assets21 | €300 | - | - |
| Current assets29/58 | €95,587 | €127,158 | ▲ 33.0% |
| Amounts receivable within one year40/41 | €89,672 | €95,737 | ▲ 6.8% |
| Cash at bank and in hand54/58 | €5,667 | €31,173 | ▲ 450% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €95,887 | €127,158 | ▲ 32.6% |
| Equity10/15 | €6,245 | €22,237 | ▲ 256% |
| Contributions10/11 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€12,355 | €3,637 | ▲ 129% |
| Amounts payable17/49 | €89,642 | €104,921 | ▲ 17.0% |
| Amounts payable after more than one year17 | €56,914 | €17,458 | ▼ 69.3% |
| Amounts payable within one year42/48 | €32,728 | €87,463 | ▲ 167% |
| Trade debts44 | €32,063 | €84,573 | ▲ 164% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €19,549 | €15,992 | ▼ 18.2% |
| + Depreciation and write-downs630 | - | €300 | - |
| Operating cash flow (approximation) | €19,549 | €16,292 | ▼ 16.7% |
| Change in cash | - | €25,506 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
29-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · event 12-05-2026
2025
24-11
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 17-11-2025
2020
05-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 127 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
26-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
26-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 332 days late
26-11
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 697 days late
2013
06-05
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 126 days late
2011
30-12
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
SignalNBB filing
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Anderlecht
Ground area
135 m²
Building footprint
122 m²
Volume, LiDAR
1,997 m³
Parcel 21308H0684/00B002, Brussels · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0684/00B002 | Brussels | 135 m² | 1 · 122 m² | 18.4 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LUCILLE BERMOND CHAUSSEE DE LA HULPE 187,
1170 WATERMAEL-BOITSFORT |
17-11-2025 → 12-05-2026 |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded26-07-2010
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.