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BE 0756.930.986Private limited companyOpen bankruptcy
Maginet
Marebeekstraat 64 ·9620 Zottegem, Belgium· 5 yrs active
Sector: Specialised construction
(43310)
Conclusion
A bankruptcy procedure is open for Maginet according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €114k and a net result of €-18k.
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €114k |
| Net result | €-18k |
| Better than sector | 54% |
| Active | 5 yrs |
Snowflake analysis
27
/ 100
Fragile profile, watch profitability in particular.
Health
3
Profitability
0
Solvency
81
Growth
52
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
3
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview
Annual accounts filed on 27-08-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 44.3% | 40.9% | |
| Net result | €-18k | €11k | |
| Equity | €114k | €34k | |
| Gross operating margin | €22k | €35k | |
| Total assets | €258k | €93k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€12k
-80.5%
-29% vs sector
€-18k
-
far below sector median
€9k
-84.2%
-58% vs sector
€258k
-8.9%
+173% vs sector
€114k
-3.2%
+258% vs sector
€79k
+35.7%
+214% vs sector
€6k
-60.1%
+142% vs sector
€144k
-12.9%
+128% vs sector
€120k
+10.7%
+91% vs sector
€23k
-58.4%
-27% vs sector
1.65
+7.9%
+7% vs sector
1.24
+15.4%
-6% vs sector
44.3%
+6.2%
+14% vs sector
1.26
-10.0%
+41% vs sector
-16.0%
-
far below sector median
-7.1%
-
far below sector median
3.43
-86.5%
-21% vs sector
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €12k |
| Net profit | €-18k |
| Cash flow | €9k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €258k |
| Equity | €114k |
| Debt | €144k |
| of which ≤ 1y | €120k |
| of which > 1y | €23k |
| Working capital | €79k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 1.65 |
| Quick ratio | 1.24 |
| Working capital ratio | 30.5% |
| Solvency | 44.3% |
| Debt / equity | 1.26 |
| Long-term debt ratio | 0.20 |
| Interest coverage | 3.43 |
| Gross margin | - |
| Net margin | - |
| ROA | -7.1% |
| ROE | -16.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €258k |
| Fixed assets | 21/28 | €59k |
| Intangible fixed assets | 21 | €3k |
| Tangible fixed assets | 22/27 | €55k |
| Financial fixed assets | 28 | €750 |
| Current assets | 29/58 | €199k |
| Stocks & contracts in progress | 3 | €50k |
| Amounts receivable within one year | 40/41 | €90k |
| Cash & bank | 54/58 | €19k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €258k |
| Equity | 10/15 | €114k |
| Contributions / capital | 10/11 | €20k |
| Reserves | 13 | €94k |
| Amounts payable | 17/49 | €144k |
| Amounts payable after one year | 17 | €23k |
| Amounts payable within one year | 42/48 | €120k |
| Trade debts payable within one year | 44 | €102k |
| Income statement | ||
| Gross operating margin | 9900 | €22k |
| Operating result | 9901 | €-15k |
| Financial income | 75 | €77 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €-18k |
| Net result for the period | 9904 | €-18k |
| Result to be appropriated | 9905 | €-18k |
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | JAN DE POORTER EDELAREBERG 24, 9700 OUDEN-
AARDE |
25-09-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Specialised construction(43310) |
| Legal form | Private limited company(610) |
| Incorporation | 23-10-2020 |
| Status | Active |
| Postal code | 9620 |
| First BS signal | 06-10-2025 |
| Latest BS signal | 06-10-2025 |
Company structure, linked entities
Mandates
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41017D1147/00V000 | Flanders | 1,337 m² | 1 · 504 m² | 9.3 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
06-10-2025
Bankruptcy
Opening
27-08-2025
NBB filing
Annual accounts filed
2024
22-07-2024
NBB filing
Annual accounts filed
2023
31-08-2023
NBB filing
Annual accounts filed
2022
31-08-2022
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
06-10-2025
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Stukadoorswerk43310Stukadoorswerk43310Overige werkzaamheden in verband met de afwerking van gebouwen43350Overige werkzaamheden in verband met de afwerking van gebouwen43390
Primary activity highlighted.
Names & trade names
| Legal nameNL | Maginet |
Registered office
Marebeekstraat 64
9620 Zottegem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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