MAGISTRAT
BankruptcySummary
The KBO register records for MAGISTRAT the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show equity of €7k and a net result of €-33k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 28-05-2024, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
64 d early
2022
59 d early
2021
52 d early
2020
36 d early
2019
48 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€7k▼ 81.9%
2022 · €41k
2018: €680k
2019: €670k
2020: €68k
2021: €68k
2022: €41k
2018 → 2023
Total assets
€77k▼ 52.2%
2022 · €161k
2018: €4.15M
2019: €2.16M
2020: €1.49M
2021: €590k
2022: €161k
2018 → 2023
Net result
€-33k▼ 24.7%
2022 · €-27k
2018: €-62k
2019: €-10k
2020: €525k
2021: €358k
2022: €-27k
2018 → 2023
Working capital
€49k▼ 60.2%
2022 · €122k
2018: €1.07M
2019: €1.09M
2020: €332k
2021: €126k
2022: €122k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€670k-€68k▼ 89.9%€68k=€41k▼ 39.6%€7k▼ 81.9%
Operating result€16k-€527k▲ 3,117%€461k▼ 12.4%€-11k€-43k▼ 285%
Net result€-10k-€525k€358k▼ 31.7%€-27k€-33k▼ 24.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €43k in 2023 against €11k in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €77k
Equity
€7k ▼ 81.9%
Provisions
€41k ▼ 4.7%
Debt
€29k ▼ 63.0%
Debt's share of the balance-sheet total falls from 47.9% to 37.0%. Equity and debt are lower.
Key figures and ratios
Current ratio
2.70▼
2022 · 4.09
Debt to equity
3.86▲
2022 · 1.89
ROE
-452.0%▼
2022 · -65.7%
ROA
-43.4%▼
2022 · -16.6%
Debt ≤ 1 year
€29k▼
2022 · €39k
Income taxes
€-13k▼
2022 · €13k
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 · 2023 against 2022 · 36 lines
Balance sheet
Code20222023
Assets
Total assets20/58€161k€77k▼
Current assets29/58€161k€77k▼
Amounts receivable within one year40/41€140k€63k▼
Other amounts receivable41€140k€63k▼
Cash at bank and in hand54/58€22k€12k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€161k€77k▼
Equity10/15€41k€7k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€-27k€-60k▼
Provisions and deferred taxes16€43k€41k▼
Provisions for liabilities and charges160/5€43k€41k▼
Major repairs and maintenance162€43k€41k▼
Amounts payable17/49€77k€29k▼
Amounts payable within one year42/48€39k€29k▼
Trade debts44€38k€29k▼
Suppliers440/4€38k€29k▼
Other amounts payable47/48€1k-
Accrued charges and deferred income492/3€38k-
Income statement
Code20222023
Provisions for liabilities and charges: additions (uses and reversals)635/8€-15k€-2k▲
Other operating charges640/8€868€2k▲
Gross operating margin9900€-25k€-43k▼
Operating profit (loss)9901€-11k€-43k▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€-14k€-46k▼
Income taxes67/77€13k€-13k▼
Profit (loss) for the period9904€-27k€-33k▼
Profit (loss) for the period to be appropriated9905€-27k€-33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-27k€-60k▼
Profit (loss) brought forward from the previous period14P-€-27k
Timeline · acts, filings and financial milestones
2024
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 4.09
Current ratio from 1.27 to 4.09; short-term debt falls from €464k to €39k.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €525k
Net result €525k after 2 loss-making years.
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
10-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
17-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2006
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.
Slotlaan 211200 Sint-Lambrechts-WoluweGround area
820 m²
Building footprint
290 m²
Volume, LiDAR
4,580 m³
2 parcels, Brussels · tallest building 25.4 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
MAGISTRAT
since 20062.156.591.496
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0054/00X002 | Brussels | 536 m² | 1 · 178 m² | 25.4 m · 7 fl. |
| 21673D0117/00R002 | Brussels | 283 m² | 1 · 113 m² | 14.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,747 companies in sector 68310 we hold annual accounts for 6,905. 2,521 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 formPublic limited company
Founded15-09-2006
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.