MAGIMMO
ActiveSummary
MAGIMMO has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €136,389 and a net result of -€5,061. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability31▼-8
Solvency54=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity short (current ratio 0.27 against 0.28 in 2024; short-term debt: 7% and cash: 1.3% of total assets), and 71.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
11 d late
2024
71 d late
2023
119 d late
2022
1 d late
2021
294 d late
2020
254 d late
2019
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 125 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Turnover
€3,100
EBIT margin
-25.8%
Net result
-€5,061
2024 · €1,964
Working capital
-€24,073▼ 14.5%
2024 · -€21,026
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
Line20212022202320242025
Turnover
Operating result€1,124-€5,550€102,904€15,514▼ 84.9%€9,927▼ 36.0%
Net result€1,074-€5,603€96,256€1,964▼ 98.0%-€5,061
EBIT margin
Equity€48,833▲ 2.2%€43,229▼ 11.5%€139,486▲ 223%€141,450▲ 1.4%€136,389▼ 3.6%
Total assets€114,007▲ 0.8%€110,023▼ 3.5%€550,941▲ 401%€487,938▼ 11.4%€474,258▼ 2.8%
Debt€65,174▼ 0.2%€66,794▲ 2.5%€411,455▲ 516%€346,488▼ 15.8%€337,869▼ 2.5%
Working capital-€46,809▲ 4.8%-€51,104▼ 9.2%-€24,010▲ 53.0%-€21,026▲ 12.4%-€24,073▼ 14.5%
Turnover and EBIT margin not published: the abbreviated or 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 36% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €474,258
Fixed assets
€465,220 ▼ 3.0%
Current assets
€9,039 ▲ 11.7%
Equity and liabilities €474,258
Equity
€136,389 ▼ 3.6%
Debt
€337,869 ▼ 2.5%
Debt's share of the balance-sheet total rises from 71.0% to 71.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€24,551▼
2024 · €30,140
Cash flow
€9,562▼
2024 · €16,590
Current ratio
0.27▼
2024 · 0.28
Debt to equity
2.48▲
2024 · 2.45
ROE
-3.7%▼
2024 · 1.4%
ROA
-1.1%▼
2024 · 0.4%
Interest coverage
1.64▼
2024 · 2.35
Debt ≤ 1 year
€33,112▲
2024 · €29,121
Debt > 1 year
€304,757▼
2024 · €317,367
Income taxes
€0▼
2024 · €736
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,508 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a small loss
1.4%
went bankrupt
1.7%
stopped otherwise
96%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,508 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,308 | €1,308 | €1,262 | €14,626 | €14,623 | = |
| Other operating charges640/8 | €19 | €239 | €59,358 | €3,210 | €3,654 | ▲ 13.9% |
| Gross operating margin9900 | €2,450 | -€4,002 | €163,524 | €33,349 | €28,205 | ▼ 15.4% |
| Operating profit (loss)9901 | €1,124 | -€5,550 | €102,904 | €15,514 | €9,927 | ▼ 36.0% |
| Financial charges65/66B | €50 | €54 | €1,041 | €12,814 | €14,988 | ▲ 17.0% |
| Recurring financial charges65 | €50 | €54 | €1,041 | €12,814 | €14,988 | ▲ 17.0% |
| Profit (loss) for the period before taxes9903 | €1,074 | -€5,603 | €101,863 | €2,700 | -€5,061 | ▼ 287% |
| Income taxes67/77 | - | - | €5,607 | €736 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €1,074 | -€5,603 | €96,256 | €1,964 | -€5,061 | ▼ 358% |
| Profit (loss) for the period to be appropriated9905 | €1,074 | -€5,603 | €96,256 | €1,964 | -€5,061 | ▼ 358% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €114,007 | €110,023 | €550,941 | €487,938 | €474,258 | ▼ 2.8% |
| Fixed assets21/28 | €95,641 | €94,334 | €492,915 | €479,843 | €465,220 | ▼ 3.0% |
| Tangible fixed assets22/27 | €95,641 | €94,334 | €492,915 | €479,843 | €465,220 | ▼ 3.0% |
| Land and buildings22 | €94,748 | €93,700 | €492,541 | €478,252 | €463,964 | ▼ 3.0% |
| Plant, machinery and equipment23 | €894 | €634 | €374 | €1,590 | €1,256 | ▼ 21.0% |
| Current assets29/58 | €18,366 | €15,690 | €58,025 | €8,095 | €9,039 | ▲ 11.7% |
| Amounts receivable within one year40/41 | - | - | - | €3,502 | €624 | ▼ 82.2% |
| Trade receivables40 | - | - | - | €3,502 | €624 | ▼ 82.2% |
| Cash at bank and in hand54/58 | €17,961 | €15,262 | €55,850 | €2,769 | €6,263 | ▲ 126% |
| Deferred charges and accrued income490/1 | €405 | €427 | €2,175 | €1,823 | €2,152 | ▲ 18.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €114,007 | €110,023 | €550,941 | €487,938 | €474,258 | ▼ 2.8% |
| Equity10/15 | €48,833 | €43,229 | €139,486 | €141,450 | €136,389 | ▼ 3.6% |
| Contributions10/11 | €123,947 | €123,947 | €123,947 | €123,947 | €123,947 | = |
| Capital10 | €123,947 | €123,947 | €123,947 | €123,947 | €123,947 | = |
| Issued capital100 | €123,947 | €123,947 | €123,947 | €123,947 | €123,947 | = |
| Reserves13 | - | - | €777 | €875 | €875 | = |
| Non-distributable reserves130/1 | - | - | €777 | €875 | €875 | = |
| Legal reserve130 | - | - | €777 | €875 | €875 | = |
| Profit (loss) carried forward14 | -€75,114 | -€80,717 | €14,762 | €16,628 | €11,567 | ▼ 30.4% |
| Amounts payable17/49 | €65,174 | €66,794 | €411,455 | €346,488 | €337,869 | ▼ 2.5% |
| Amounts payable after more than one year17 | - | - | €329,419 | €317,367 | €304,757 | ▼ 4.0% |
| Financial debts170/4 | - | - | €329,419 | €317,367 | €304,757 | ▼ 4.0% |
| Amounts payable within one year42/48 | €65,174 | €66,794 | €82,035 | €29,121 | €33,112 | ▲ 13.7% |
| Current portion of amounts payable after more than one year42 | - | - | €10,581 | €12,055 | €12,609 | ▲ 4.6% |
| Trade debts44 | - | €1,450 | €727 | €705 | €697 | ▼ 1.1% |
| Suppliers440/4 | - | €1,450 | €727 | €705 | €697 | ▼ 1.1% |
| Taxes, remuneration and social security45 | - | - | €5,557 | €6,292 | €736 | ▼ 88.3% |
| Taxes450/3 | - | - | €5,557 | €6,292 | €736 | ▼ 88.3% |
| Other amounts payable47/48 | €65,174 | €65,344 | €65,171 | €10,069 | €19,069 | ▲ 89.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,074 | -€5,603 | €96,256 | €1,964 | -€5,061 | ▼ 358% |
| + Depreciation and write-downs630 | €1,308 | €1,308 | €1,262 | €14,626 | €14,623 | = |
| Operating cash flow (approximation) | €2,382 | -€4,295 | €97,519 | €16,590 | €9,562 | ▼ 42.4% |
| Investment in fixed assets (approximation) | - | €0 | -€399,844 | -€1,554 | €0 | ▲ 100% |
| Change in cash | - | -€2,699 | €40,588 | -€53,081 | €3,494 | ▲ 107% |
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
Next filing, fiscal year 2026, expected by
2026
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 11 days late
10-07
State Gazette act
Reappointment: Emile Lepot (managing director)Director discharge7 facts ▸
State Gazette act
Reappointment: Emile Lepot (managing director)
Director discharge7 facts ▸
- General meeting, 30-06-2026
- Other statement, présence à l'assemblée générale extraordinaire, 30-06-2026
- Other statement, présence à l'assemblée générale extraordinaire, 30-06-2026
- Other statement, présence à l'assemblée générale extraordinaire, 30-06-2026
- Other statement, présence à l'assemblée générale extraordinaire, 30-06-2026
- Director discharge, Emile Lepot (director and managing director)
- Director reappointment, Emile Lepot (managing director)
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
2024
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 119 days late
2023
31-12
Financial
Back to profitnet €96,256
Net result €96,256 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €139,486 ▲223%
Equity rises from €43,229 to €139,486.
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
21-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 294 days late
2022
31-12
Financial
Weakest financial yearnet -€5,603
Net result drops to -€5,603, the lowest in the series; recovery starts the following year.
11-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 254 days late
2021
31-12
Financial
Back to profitnet €1,074
Net result €1,074 after 3 loss-making years.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
Show earlier events
2019
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 3 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 11 acts read
About the unread acts
Of the 11 Belgian State Gazette acts we know for this company, 1 has been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 office holder
Day-to-day management 1
Emile Lepot
CurrentManaging director
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
10 of this company's 11 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 1997
Ground area
221 m²
Building footprint
118 m²
Volume, LiDAR
1,381 m³
Parcel 62802D0061/00X000, Wallonia · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Rue Louis-Fraigneux 37, 4000 Liège
since 19972.081.394.425
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62802D0061/00X000 | Wallonia | 221 m² | 1 · 118 m² | 15.0 m · 4 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.
Mandate history
1 person since 2026, 1 in office
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Emile Lepot |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Identification & contact
Identification
Legal formPublic limited company
Founded13-12-1996
Fiscal year end31-12
Contact
E-mail
elepot@lepot.be
Phone
+32479650041
E-invoicing
Reachable via Peppol
Peppol ID
0208:0459445052
Registered
24-10-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.