Financials
- Financial year
- 2020
- Total assets
- €150,346
- Profit
- €5,174
- Solvency
- -57.2%
Total assets▼ 1.3%
Net result
20182020
MAGNIFICAR
ActiveSummary
The computed 12-month bankruptcy probability of MAGNIFICAR is 14.7% (high). The 2020 annual accounts show negative equity (-€85,988) and a net result of €5,174. Equity is growing by about 10% per year across the filed financial years. The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Activity not known
Size
€150,346total assets 2020
- Equity
- -€85,988
- Profit
- €5,174
Turnover not published (micro format)
Financial health
- Bankruptcy probabilitywithin 12 months
- 14.7%
2020 figures too old to score
Structure
Accounts 1535 days overdue
Signalsraises riskFigures for financial year 2020 (filed 13-10-2021)3 financial years not filed after the legal deadline; latest accounts 62 days late; 3 of the last 3 lateNo registered site in the KBOlowers riskSize: total assets €150,346neutralNo filing for yearsFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Bankruptcy probability: High
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2020 · tick = 2019
Weak
Solvency
0=
equity -57.2% of total assets
Liquidity
1+1
short-term debt 126.2% · cash 0.9%
Profitability
46+7
return on assets 3.4%
Bankruptcy probability, 12 months
14.7%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 14.6%lowest value
12-2024: 14.6%● unchanged vs 11-2024lowest value
01-2025: 14.6%● unchanged vs 12-2024lowest value
02-2025: 14.6%● unchanged vs 01-2025lowest value
03-2025: 14.6%● unchanged vs 02-2025lowest value
04-2025: 14.6%● unchanged vs 03-2025lowest value
05-2025: 14.6%● unchanged vs 04-2025lowest value
06-2025: 14.6%● unchanged vs 05-2025lowest value
07-2025: 14.6%● unchanged vs 06-2025lowest value
08-2025: 14.6%● unchanged vs 07-2025lowest value
09-2025: 14.6%● unchanged vs 08-2025lowest value
10-2025: 14.6%● unchanged vs 09-2025lowest value
11-2025: 14.6%● unchanged vs 10-2025lowest value
12-2025: 14.6%● unchanged vs 11-2025lowest value
01-2026: 14.6%● unchanged vs 12-2025lowest value
02-2026: 14.6%● unchanged vs 01-2026lowest value
03-2026: 14.8%▲ +0.2 percentage points vs 02-2026highest value
04-2026: 14.8%● unchanged vs 03-2026highest value
05-2026: 14.8%● unchanged vs 04-2026highest value
06-2026: 14.7%▼ -0.1 percentage points vs 05-2026
07-2026: 14.7%● unchanged vs 06-2026
08-2026: 14.7%● unchanged vs 07-2026
09-2026: 14.7%● unchanged vs 08-2026
10-2026: 14.7%● unchanged vs 09-2026
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Signals
Six signals.
lowers riskraises riskneutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 9 filingsPosition against the passed deadline
31-12-2021 year end31-07-2022 deadline13-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 01-10-2021, 62 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
62 days late
2019
98 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 80 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2020 · micro…
- Highest result from 2018 to 2020net €5,174 ▲452%
- Annual accounts filedfinancial year 2019 · micro…
Key points
By topic
Timeline
- Events
- 11
- Since
- 2011
- 31-12-2019Weakest financial year
- 30-09-2019Annual accounts filed
- 25-09-2018Annual accounts filed
Company details
- Legal form
- Private limited company (pre-2019)
- Founded
- 28-09-2007
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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