MAGISTER ONTWIKKELING
ActiveSummary
MAGISTER ONTWIKKELING has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €546k and a net result of €81k. Equity is growing by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 67% of 7453 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-2
Solvency85▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 2.47 against 4.16 in 2024; short-term debt: 40.4% and cash: 90.6% of total assets), and 40.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
59.6%
Return on assets
8.8%
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
2 d early
2023
1 d early
2022
on the day
2021
4 d early
2020
5 d early
2019
105 d late
← 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
Equity
€546k▼ 28.9%
2024 · €767k
2018: €290k
2019: €315k
2020: €345k
2021: €417k
2022: €551k
2023: €657k
2024: €767k
2018 → 2025
Total assets
€916k▼ 9.3%
2024 · €1.01M
2018: €574k
2019: €554k
2020: €534k
2021: €626k
2022: €780k
2023: €870k
2024: €1.01M
2018 → 2025
Net result
€81k▼ 26.6%
2024 · €110k
2018: €36k
2019: €126k
2020: €30k
2021: €72k
2022: €134k
2023: €106k
2024: €110k
2018 → 2025
Working capital
€546k▼ 28.8%
2024 · €767k
2018: €285k
2019: €315k
2020: €345k
2021: €417k
2022: €551k
2023: €656k
2024: €767k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€417k-€551k▲ 32.0%€657k▲ 19.3%€767k▲ 16.7%€546k▼ 28.9%
Operating result€100k-€190k▲ 90.5%€151k▼ 20.8%€156k▲ 3.5%€113k▼ 27.7%
Net result€72k-€134k▲ 84.7%€106k▼ 20.4%€110k▲ 3.6%€81k▼ 26.6%
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 2025; 2025 is 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €916k
Fixed assets
€104 ▼ 83.5%
Current assets
€916k ▼ 9.3%
Equity and liabilities €916k
Equity
€546k ▼ 28.9%
Debt
€371k ▲ 52.5%
Debt's share of the balance-sheet total rises from 24.0% to 40.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€113k▼
2024 · €156k
Cash flow
€81k▼
2024 · €111k
Current ratio
2.47▼
2024 · 4.16
Debt to equity
0.68▲
2024 · 0.32
ROE
14.8%▲
2024 · 14.3%
ROA
8.8%▼
2024 · 10.9%
Interest coverage
316.38▼
2024 · 552.33
Debt ≤ 1 year
€371k▲
2024 · €243k
Income taxes
€32k▼
2024 · €45k
Staff costs
€46k▲
2024 · €45k
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.01M€916k▼
Fixed assets21/28€632€104▼
Tangible fixed assets22/27€632€104▼
Furniture and vehicles24€632€104▼
Current assets29/58€1.01M€916k▼
Amounts receivable within one year40/41€81k€86k▲
Trade receivables40€78k€78k▼
Other amounts receivable41€3k€8k▲
Cash at bank and in hand54/58€928k€830k▼
Deferred charges and accrued income490/1€698€0▼
Equity and liabilities
Total equity and liabilities10/49€1.01M€916k▼
Equity10/15€767k€546k▼
Contributions10/11€10k€10k=
Reserves13€757k€536k▼
Distributable reserves133€757k€536k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€243k€371k▲
Amounts payable within one year42/48€243k€371k▲
Trade debts44€127k€162k▲
Suppliers440/4€127k€162k▲
Taxes, remuneration and social security45€28k€20k▼
Taxes450/3€12k€5k▼
Remuneration and social security454/9€16k€15k▼
Other amounts payable47/48€88k€188k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€45k€46k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€528€528=
Other operating charges640/8€1k€5k▲
Gross operating margin9900€203k€164k▼
Operating profit (loss)9901€156k€113k▼
Financial income75/76B€0€6▲
Recurring financial income75€0€6▲
Financial charges65/66B€283€358▲
Recurring financial charges65€283€358▲
Profit (loss) for the period before taxes9903€156k€112k▼
Income taxes67/77€45k€32k▼
Profit (loss) for the period9904€110k€81k▼
Profit (loss) for the period to be appropriated9905€110k€81k▼
Appropriation of the result
Profit (loss) to be appropriated9906€110k€81k▼
Transfer from equity791/2-€302k
Transfer to equity691/2€110k€81k▼
To other reserves6921€110k€81k▼
Profit to be distributed694/7-€302k
Return on contributions (dividend)694-€302k
The notes to these accounts (5 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €134k ▲84.7%
Operating result €190k, net result €134k, both a record.
31-12
Financial
Equity above €500kEq €551k ▲32%
5 profitable years in a row build equity to €551k.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €30k ▼75.9%
Net result drops to €30k, the lowest in the series; recovery starts the following year.
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 105 days late
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
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.
Directors · office · real estate
Directors
1 act for this company is 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, Brecht · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Dremelheidebaan 342960 BrechtGround area
778 m²
Building footprint
154 m²
Volume, LiDAR
1,147 m³
Parcel 11332L0028/00K003, Flanders · tallest building 20.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Magister Ontwikkeling
since 20072.158.644.829
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11332L0028/00K003 | Flanders | 778 m² | 1 · 154 m² | 20.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
GREEN CONSTRUCT
BE 0895.551.312
Theux · Eq €545,773
WINGMAN
BE 0472.941.415
Zele · Eq €545,511
BOUWBEDRIJF J. VAN HAMME
BE 0417.604.893
Brugge · Eq €545,952
Algemene Bouwwerken en Promotie Rappoort
BE 0414.546.524
Tremelo · Eq €545,376
LUTIMMO BUILD
BE 0546.836.411
Assesse · Eq €546,262
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 8,897 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
Founded12-12-2006
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.