Financials
- Fiscal year
- 2025
- Total assets
- €1,411
- Loss
- -€50,847
- Solvency
- -4982.5%
Total assets▼ 32.5%
Net result
20192025
MAGNA
ActiveSummary
The computed 12-month bankruptcy probability of MAGNA is 1.7% (moderate). The 2025 annual accounts show negative equity (-€70,295) and a net result of -€50,847. Equity is shrinking by ~82.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 11293 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110
1 site
Size
€1,411total assets 2025
- Equity
- -€70,295
- Loss
- -€50,847
Turnover not published (abridged schema)
Structure
- Board
- 1 member
Accounts 3 d early1 of 2 deeds read
Why 52- Loss of €50,847 (FY 2025)- Negative equity -€70,295- 1 of the last 3 late+ Size: total assets €1,411Show the evidence
Checked score
Score 2025
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 7% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency
0
equity -4982.5% of total assets
Liquidity
13
short-term debt 5082.5% · cash 10.1%
Profitability
0
return on assets -3604.0%
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 4 months
07-2026: 1.8%highest value
08-2026: 1.8%▼ -0.5% vs 07-2026
09-2026: 1.7%▼ -6.2% vs 08-2026lowest value
10-2026: 1.7%● 0.0% vs 09-2026lowest value
- Size: total assets €1,411 lowers the probability for this profile
- Loss of €50,847 (FY 2025) raises the probability
- Negative equity -€70,295 raises the probability
- 1 of the last 3 late raises the probability
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 6%, liquidity 12%, profitability 6%, growth against the median 2%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€70,295
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 28-07-2026, 3 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
3 d early
2024
153 d late
2023
6 d early
2022
30 d late
2021
389 d late
2020
27 d late
2019
153 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 106 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
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. Usually files around 30 August (4 of the last 5 filed years within 123 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Reappointment: JOUNDI Karim (non-statutory director)Resignation: Satif (director) · Registered-office…
- Annual accounts filedfiscal year 2025 · abbreviated…
- Weakest financial yearnet -€50,847
Key points
- Risk: Negative equityfiscal year 2025: debts exceed assets -€70,295 View
- Caution: Equity fell in 2025from -€19,449 to -€70,295 ▼ 261% View
- Caution: Among the weakest 5% on solvencysector median 37.2% · 11,293 companies -4982.5% View
- Caution: A director leftlatest change 02-10-2026 · 1 in office 1 left View
By topic
Board & ownership
- Board
- 1 member
Go to Board & ownership
Timeline
- Events
- 9
- Since
- 2020
- Next accounts
- by 31-07-2027
- 02-10-2026Reappointment: JOUNDI Karim (non-statutory director)
- 28-07-2026Annual accounts filed
- 31-12-2025Weakest financial year
Company details
- Sites
- 1
- Legal form
- Public limited company
- Founded
- 18-04-2018
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 56
- Financial year
- From 1 October to 30 September
- Annual meeting
- Last Monday of March at 18:00
- Purpose
- De groot- en kleinhandel, aankoop, verkoop, invoer, uitvoer, doorvoer, distributie…
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