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MAGNET

Active
Private limited companyfounded 20251 yr activeRue de l'Industrie 20, 1400 Nivelles, BelgiumKBO/BCE: BE 1019.641.432
Summary

MAGNET has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,937 and a net result of €22,937. Its solvency ranks better than 29% of 17213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes
Profitability100
Solvency57
Growth-
Track record67
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 1.52; short-term debt: 44.3% and cash: 56.5% of total assets), but 68.3% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
31.7%
Return on assets
26%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
39 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MAGNET was incorporated on 5 February 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€27,937
Total assets
€88,131
Net result
€22,937
Working capital
€20,226

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €88,131
Fixed assets €28,861
Current assets €59,271
Equity and liabilities €88,131
Equity €27,937
Debt €60,194
Debt finances 68.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€31,062
Cash flow
€23,366
Current ratio
1.52
Debt to equity
2.15
ROE
82.1%
ROA
26.0%
Interest coverage
18.16
Debt ≤ 1 year
€39,044
Debt > 1 year
€21,150
Income taxes
€5,986

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 11,280 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€88,131
Fixed assets21/28€28,861
Tangible fixed assets22/27€25,327
Leasing and similar rights25€25,327
Financial fixed assets28€3,534
Current assets29/58€59,271
Amounts receivable within one year40/41€8,990
Trade receivables40€8,990
Cash at bank and in hand54/58€49,773
Deferred charges and accrued income490/1€508
Equity and liabilities
Total equity and liabilities10/49€88,131
Equity10/15€27,937
Contributions10/11€5,000
Profit (loss) carried forward14€22,937
Amounts payable17/49€60,194
Amounts payable after more than one year17€21,150
Financial debts170/4€21,150
Amounts payable within one year42/48€39,044
Current portion of amounts payable after more than one year42€3,763
Trade debts44€1,554
Suppliers440/4€1,554
Taxes, remuneration and social security45€15,116
Taxes450/3€15,116
Other amounts payable47/48€18,611
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€429
Other operating charges640/8€320
Gross operating margin9900€31,382
Operating profit (loss)9901€30,633
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€1,710
Recurring financial charges65€1,710
Profit (loss) for the period before taxes9903€28,923
Income taxes67/77€5,986
Profit (loss) for the period9904€22,937
Profit (loss) for the period to be appropriated9905€22,937
Appropriation of the result
Profit (loss) to be appropriated9906€22,937

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€429
Other operating charges640/8€320
Gross operating margin9900€31,382
Operating profit (loss)9901€30,633
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€1,710
Recurring financial charges65€1,710
Profit (loss) for the period before taxes9903€28,923
Income taxes67/77€5,986
Profit (loss) for the period9904€22,937
Profit (loss) for the period to be appropriated9905€22,937
Line2025
Assets
Total assets20/58€88,131
Fixed assets21/28€28,861
Tangible fixed assets22/27€25,327
Leasing and similar rights25€25,327
Financial fixed assets28€3,534
Current assets29/58€59,271
Amounts receivable within one year40/41€8,990
Trade receivables40€8,990
Cash at bank and in hand54/58€49,773
Deferred charges and accrued income490/1€508
Equity and liabilities
Total equity and liabilities10/49€88,131
Equity10/15€27,937
Contributions10/11€5,000
Profit (loss) carried forward14€22,937
Amounts payable17/49€60,194
Amounts payable after more than one year17€21,150
Financial debts170/4€21,150
Amounts payable within one year42/48€39,044
Current portion of amounts payable after more than one year42€3,763
Trade debts44€1,554
Suppliers440/4€1,554
Taxes, remuneration and social security45€15,116
Taxes450/3€15,116
Other amounts payable47/48€18,611
Line2025
Profit (loss) for the period9904€22,937
+ Depreciation and write-downs630€429
Operating cash flow (approximation)€23,366

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
08-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 39 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Nivelles · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
4,842 m²
Building footprint
2,423 m²
Volume, LiDAR
14,623 m³
Parcel 25782C0642/00C000, Wallonia · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
59 companies at this address See who is registered here
1 establishment unit
MAGNET
Rue de l'Industrie 20, 1400 NivellesComputer programming
since 20252.370.035.642
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25782C0642/00C000 Wallonia 4,842 m² 1 · 2,423 m² 9.6 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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, comparable size

Of 16,915 companies in sector 62100 we hold annual accounts for 8,786. 6,274 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded05-02-2025
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID 0208:1019641432

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.