MAGINEL
Open bankruptcyA bankruptcy procedure is open for MAGINEL according to publications in the Belgian State Gazette; curator: BEN DE GROOF.
Summary
The 2023 annual accounts show equity of €1,997 and a net result of €2,844.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Turnhout division
- Declared bankrupt
- 9 December 2025
- Supervising judge
- Hans Geerts
- Official Gazette
- 15-12-2025 (pdf) ↗search the document for 2025/152159
Deadlines
- Provisional date payments stopped
- 9 December 2025A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 30 December 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 8 January 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 20 January 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 9 December 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Ben De GroofDe Merodelei 112, 2300 Turnhoutb.degroof@schuermans-law.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
Embed in an article
Writing about this bankruptcy? Put the card of MAGINEL in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
- Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
€1,997
2022 · -€847
Total assets
€4,199▲ 554%
2022 · €642
Net result
€2,844
2022 · -€17,217
Working capital
€1,997
2022 · -€847
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
Line20182019202020222023
Operating result€1,976-€5,212▲ 164%-€1,756-€17,202-€2,856
Net result€1,235-€3,345▲ 171%-€1,756-€17,217-€2,844
Equity€8,932-€12,276▲ 37.4%€10,520▼ 14.3%-€847-€1,997
Total assets€10,529-€18,119▲ 72.1%€29,183▲ 61.1%€642-€4,199▲ 554%
Debt€1,597-€5,843▲ 266%€18,663▲ 219%€1,489-€2,202▲ 47.9%
Working capital€8,849-€12,276▲ 38.7%€10,520▼ 14.3%-€847-€1,997
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 returns to profit in 2023: €2,856 after a loss of €17,202 in 2022.
Balance-sheet composition
Equity and liabilities €4,199
Equity
€1,997
Debt
€2,202
Debt finances 52.4% of the balance-sheet total.
Key figures and ratios
Debt ≤ 1 year
€2,202▲
2022 · €1,489
Ratios withheld: a balance sheet total of €4,199 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €82 | €0 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €0 | €585 | - |
| Gross operating margin9900 | €4,392 | €6,318 | -€1,308 | -€17,202 | €3,441 | ▲ 120% |
| Operating profit (loss)9901 | €1,976 | €5,212 | -€1,756 | -€17,202 | €2,856 | ▲ 117% |
| Financial charges65/66B | - | - | - | €16 | €13 | ▼ 18.4% |
| Recurring financial charges65 | €160 | €207 | €0 | €16 | €13 | ▼ 18.4% |
| Profit (loss) for the period before taxes9903 | €1,817 | €5,006 | -€1,756 | -€17,217 | €2,844 | ▲ 117% |
| Income taxes67/77 | €582 | €1,661 | €0 | €0 | - | - |
| Profit (loss) for the period9904 | €1,235 | €3,345 | -€1,756 | -€17,217 | €2,844 | ▲ 117% |
| Profit (loss) for the period to be appropriated9905 | €1,235 | €3,345 | -€1,756 | -€17,217 | €2,844 | ▲ 117% |
| Line | 2018 | 2019 | 2020 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10,529 | €18,119 | €29,183 | €642 | €4,199 | ▲ 554% |
| Fixed assets21/28 | €82 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €82 | €0 | - | - | - | - |
| Current assets29/58 | €10,446 | €18,119 | €29,183 | €642 | €4,199 | ▲ 554% |
| Stocks and contracts in progress3 | €490 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €260 | €432 | €11,496 | €642 | €4,108 | ▲ 540% |
| Other amounts receivable41 | - | - | - | €642 | €4,108 | ▲ 540% |
| Cash at bank and in hand54/58 | €9,696 | €17,687 | €17,687 | €0 | - | - |
| Deferred charges and accrued income490/1 | - | - | - | - | €91 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10,529 | €18,119 | €29,183 | €642 | €4,199 | ▲ 554% |
| Equity10/15 | €8,932 | €12,276 | €10,520 | -€847 | €1,997 | ▲ 336% |
| Contributions10/11 | €6,200 | - | - | €6,200 | €6,200 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | €872 | €4,217 | €2,461 | -€8,906 | -€6,063 | ▲ 31.9% |
| Amounts payable17/49 | €1,597 | €5,843 | €18,663 | €1,489 | €2,202 | ▲ 47.9% |
| Amounts payable within one year42/48 | €1,597 | €5,843 | €18,663 | €1,489 | €2,202 | ▲ 47.9% |
| Trade debts44 | €285 | €1,986 | €10,219 | €0 | €713 | - |
| Suppliers440/4 | - | - | - | €0 | €713 | - |
| Taxes, remuneration and social security45 | - | - | - | €1,489 | €1,489 | = |
| Taxes450/3 | - | - | - | €1,489 | €1,489 | = |
| Other amounts payable47/48 | - | - | - | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,235 | €3,345 | -€1,756 | -€17,217 | €2,844 | ▲ 117% |
| + Depreciation and write-downs630 | €82 | €0 | - | - | - | - |
| Operating cash flow (approximation) | €1,317 | €3,345 | -€1,756 | -€17,217 | €2,844 | ▲ 117% |
| Investment in fixed assets (approximation) | - | €82 | - | - | - | - |
| Change in cash | - | €7,991 | €0 | - | - | - |
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
2025
15-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 09-12-2025
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 294 days late
20-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 659 days late
2023
31-12
Financial
Back to profitnet €2,844
Net result €2,844 after 2 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 1.91
Current ratio from 0.43 to 1.91.
2022
31-12
Financial
Weakest financial yearnet -€17,217
Net result drops to -€17,217, the lowest in the series.
25-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 209 days late
2021
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 427 days late
2019
31-12
Financial
Highest result since 2018net €3,345 ▲171%
Operating result €5,212, net result €3,345, both a record.
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Show earlier events
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
12-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
30-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has 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
3 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, Hoogstraten
Ground area
633 m²
Building footprint
259 m²
Volume, LiDAR
1,303 m³
Parcel 13051D0513/00C000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13051D0513/00C000 | Flanders | 633 m² | 1 · 259 m² | 7.9 m · 2 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 | BEN DE GROOF DE MERODELEI 112, 2300 TURNHOUT- |
09-12-2025 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded04-12-1998
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 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.