MAGMA NOVA
ActiveSummary
The computed 12-month bankruptcy probability of MAGMA NOVA is 3.1% (moderate). The 2024 annual accounts show negative equity (-€227,024) and a net result of -€45,322. Equity is shrinking by ~50.7% per year across the filed fiscal years. The company has been active since 2011 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
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Signals
This company filed its last 6 accounts on average 1261 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
History
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Financials · fiscal year 2024, full schema
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Peer companies
Historical observationOf the 1,216 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- negative equity
- a small loss
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,216 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33,098 | €34,244 | €34,244 | €30,800 | €30,260 | ▼ 1.8% |
| Other operating charges640/8 | €1,250 | €33,368 | €67,805 | €61,618 | €58,576 | ▼ 4.9% |
| Gross operating margin9900 | €27,402 | €28,356 | €46,780 | €80,322 | €87,043 | ▲ 8.4% |
| Operating profit (loss)9901 | -€6,946 | -€39,256 | -€55,268 | -€12,096 | -€1,794 | ▲ 85.2% |
| Financial charges65/66B | €7,916 | €6,859 | €5,791 | €5,680 | €4,452 | ▼ 21.6% |
| Recurring financial charges65 | €7,916 | €6,859 | €5,791 | €5,680 | €4,452 | ▼ 21.6% |
| Profit (loss) for the period before taxes9903 | -€14,862 | -€46,115 | -€61,059 | -€17,776 | -€6,245 | ▲ 64.9% |
| Income taxes67/77 | €23,584 | €18,010 | €18,010 | €39,877 | €39,077 | ▼ 2.0% |
| Profit (loss) for the period9904 | -€38,446 | -€64,125 | -€79,069 | -€57,652 | -€45,322 | ▲ 21.4% |
| Profit (loss) for the period to be appropriated9905 | -€38,446 | -€64,125 | -€79,069 | -€57,652 | -€45,322 | ▲ 21.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €778,304 | €738,045 | €745,951 | €753,079 | €759,434 | ▲ 0.8% |
| Fixed assets21/28 | €769,650 | €735,406 | €701,163 | €670,363 | €640,103 | ▼ 4.5% |
| Tangible fixed assets22/27 | €769,650 | €735,406 | €701,163 | €670,363 | €640,103 | ▼ 4.5% |
| Land and buildings22 | €769,650 | €735,406 | €701,163 | €670,363 | €640,103 | ▼ 4.5% |
| Current assets29/58 | €8,654 | €2,639 | €44,788 | €82,716 | €119,332 | ▲ 44.3% |
| Cash at bank and in hand54/58 | €8,654 | €2,639 | €44,788 | €82,716 | €119,332 | ▲ 44.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €778,304 | €738,045 | €745,951 | €753,079 | €759,434 | ▲ 0.8% |
| Equity10/15 | €19,144 | -€44,981 | -€124,050 | -€181,702 | -€227,024 | ▼ 24.9% |
| Contributions10/11 | €378,000 | €378,000 | €378,000 | €378,000 | €378,000 | = |
| Capital10 | €378,000 | €378,000 | €378,000 | €378,000 | €378,000 | = |
| Issued capital100 | €450,000 | €450,000 | €450,000 | €450,000 | €450,000 | = |
| Uncalled capital101 | €72,000 | €72,000 | €72,000 | €72,000 | €72,000 | = |
| Profit (loss) carried forward14 | -€358,856 | -€422,981 | -€502,050 | -€559,702 | -€605,024 | ▼ 8.1% |
| Amounts payable17/49 | €759,160 | €783,026 | €870,001 | €934,781 | €986,459 | ▲ 5.5% |
| Amounts payable after more than one year17 | €157,465 | €131,949 | €105,868 | €71,705 | €43,229 | ▼ 39.7% |
| Financial debts170/4 | €153,770 | €126,989 | €99,508 | €71,295 | €42,319 | ▼ 40.6% |
| Other amounts payable178/9 | €3,695 | €4,960 | €6,360 | €410 | €910 | ▲ 122% |
| Amounts payable within one year42/48 | €601,695 | €651,077 | €764,133 | €863,076 | €943,230 | ▲ 9.3% |
| Current portion of amounts payable after more than one year42 | €26,110 | €26,781 | €27,481 | €28,213 | €28,976 | ▲ 2.7% |
| Taxes, remuneration and social security45 | €59,381 | €43,092 | €74,856 | €133,067 | €212,448 | ▲ 59.7% |
| Taxes450/3 | €59,381 | €43,092 | €74,856 | €133,067 | €212,448 | ▲ 59.7% |
| Other amounts payable47/48 | €516,204 | €581,204 | €661,796 | €701,796 | €701,806 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€38,446 | -€64,125 | -€79,069 | -€57,652 | -€45,322 | ▲ 21.4% |
| + Depreciation and write-downs630 | €33,098 | €34,244 | €34,244 | €30,800 | €30,260 | ▼ 1.8% |
| Operating cash flow (approximation) | -€5,348 | -€29,881 | -€44,826 | -€26,853 | -€15,062 | ▲ 43.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€6,015 | €42,149 | €37,928 | €36,616 | ▼ 3.5% |
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
17-07
State Gazette act
End & cessation · MiscellaneousJudicial annulment1 fact ▸
- Judicial annulment, 18-06-2026
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0011/00K012 | Brussels | 188 m² | - | - |
Linked by address, not proof of ownership
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.