MAGNA
ActiveThe computed 12-month bankruptcy probability of MAGNA is 3.0% (moderate). The 2025 annual accounts show negative equity (€-53k) and a net result of €-6k. Equity is shrinking by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 1027 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability53▼-17
Solvency33=
Growth58=
Stability94
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.0 against 0.02 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-424.1%
Return on assets
-44.9%
Age of the figures
8 mo
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€53k
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 27-07-2026, 4 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
4 d early
2024
13 d late
2023
30 d late
2022
31 d late
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-53k▼ 11.8%
2024 · €-48k
2022: €-26k
2023: €-41k
2024: €-48k
2022 → 2025
Total assets
€13k▼ 17.4%
2024 · €15k
2022: €42k
2023: €31k
2024: €15k
2022 → 2025
Net result
€-6k▲ 15.6%
2024 · €-7k
2022: €-31k
2023: €-15k
2024: €-7k
2022 → 2025
Working capital
€-66k▼ 6.0%
2024 · €-62k
2022: €-59k
2023: €-57k
2024: €-62k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-26k-€-41k▼ 58.4%€-48k▼ 16.3%€-53k▼ 11.8%
Operating result€-31k-€-15k▲ 51.5%€-7k▲ 56.3%€-5k▲ 16.9%
Net result€-31k-€-15k▲ 51.1%€-7k▲ 55.8%€-6k▲ 15.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2025 against €7k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13k
Fixed assets
€12k▼ 13.6%
Current assets
€253▼ 73.8%
Key figures and ratios
EBITDA
€-3k▲
2024 · €-5k
Cash flow
€-4k▲
2024 · €-5k
Solvency
-424.1%▼
2024 · -313.0%
Current ratio
0.00▼
2024 · 0.02
Quick ratio
0.00▼
2024 · 0.02
Debt / equity
-1.24▲
2024 · -1.32
ROE
10.6%▼
2024 · 14.0%
ROA
-44.9%▼
2024 · -43.9%
Interest coverage
-15.78▲
2024 · -29.65
Debt
€66k▲
2024 · €63k
Debt ≤ 1 year
€66k▲
2024 · €63k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€15k€13k▼
Fixed assets21/28€14k€12k▼
Tangible fixed assets22/27€12k€10k▼
Land and buildings22€4k€3k▼
Plant, machinery and equipment23€697€336▼
Furniture and vehicles24€1k€901▼
Other tangible fixed assets26€6k€5k▼
Financial fixed assets28€3k€3k=
Current assets29/58€967€253▼
Amounts receivable within one year40/41€967€253▼
Other amounts receivable41€967€253▼
Equity and liabilities
Total equity and liabilities10/49€15k€13k▼
Equity10/15€-48k€-53k▼
Contributions10/11€5k€5k=
Capital10€5k-
Issued capital100€5k-
Outside capital11-€5k
Other1109/19-€5k
Profit (loss) carried forward14€-53k€-58k▼
Amounts payable17/49€63k€66k▲
Amounts payable within one year42/48€63k€66k▲
Financial debts43€446€496▲
Credit institutions430/8€446€496▲
Trade debts44-€55
Suppliers440/4-€55
Taxes, remuneration and social security45€236-
Taxes450/3€236-
Other amounts payable47/48€62k€65k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k-
Other operating charges640/8€11€90▲
Gross operating margin9900€-537€-3k▼
Operating profit (loss)9901€-7k€-5k▲
Financial charges65/66B€155€221▲
Recurring financial charges65€155€221▲
Profit (loss) for the period before taxes9903€-7k€-6k▲
Profit (loss) for the period9904€-7k€-6k▲
Profit (loss) for the period to be appropriated9905€-7k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-53k€-58k▼
Profit (loss) brought forward from the previous period14P€-46k€-53k▼
The notes to these accounts (4 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
NBB filing
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-07-2023
Resigned as Director
Location & real-estate footprint
Registered office, Seraing · 1 establishment unit since 2021
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.
Rue d'Ougrée 474100 SeraingGround area
91 m²
Building footprint
54 m²
Volume, LiDAR
457 m³
Parcel 62019A0706/00W000, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue d'Ougrée 47, 4100 Seraing
since 20212.325.078.518
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62019A0706/00W000 | Wallonia | 91 m² | 1 · 54 m² | 10.0 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 and region
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 24,816 companies in sector 96220 we hold annual accounts for 1,425.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-2021
Fiscal year end31-12
Activities, NACEBEL
96022Beauty treatment
96220Beauty care and other beauty treatments
85510Sports and recreation education
93110Operation of sports facilities
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:admin@agencemagna.be