Turnover—
EBIT margin—
Net result€-11k
Working capital€131k+5.4%
Directors1
Conclusion
the dossier summarised in one paragraphThe file of MAGITEC SERVICES contains 2 historical bankruptcy publications and 1 administrative flag, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 12.9% (high). The 2021 annual accounts show equity of €141k and a net result of €-11k. Equity is growing by ~28.8% per year across the filed fiscal years. Its solvency ranks better than 88% of 286 sector peers (fiscal year 2021).
Based on the State Gazette, CBE and 3 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone12.9%
High
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile
+Recent warning signals
+Young company
+
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
Insolvency timeline
3 events24-12-2025
Bankruptcy
Bankruptcy closure (insufficient assets)
25-07-2025
KBO administration
Address strikeout main
05-12-2022
Bankruptcy
Opening
Financials
FY 2021
€141k
equity
Turnover—
Net result€-11kHealth70/100 · Healthy
See full annual accounts
People & board
No director data processed yet.
To directors Publicationslatest 24-12-2025
5
publications in the State Gazette1 director appointed, 1 resigningAll publications & acts Network & structure
No network or structure data processed.
To structure
Trust signals
1 signalPrior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette — no current open procedure.
Administrative Flags
1 eventAddress struck
Company registry (CBE)
Crossroads BankActivities
Loodgieterswerk43221Sanitaire werkzaamheden43221Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Handelsbemiddeling in meubelen, huishoudelijke artikelen en ijzerwaren46150Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren46150Groothandel in sanitair46736Groothandel in sanitair46836
Primary activity highlighted.
Names & trade names
| Legal nameNL | MAGITEC SERVICES |
Registration history
- 25-07-2025 Address strikeout main
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.