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Magnis Group

Active
Private limited companyfounded 2015active for 10 yearsGeorges Ottenbourgsstraat 2, 3500 Hasselt, BelgiumKBO/BCE: BE 0644.548.271
Summary

Magnis Group has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €82,926 and a net result of €11,060. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 50% of 13,749 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 16-12-2015 Normal situation
Activity
Agents specialised in the wholesale of other particular products NACE 46180and 1 other
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2021
Establishment units
2.248.406.946 3500 Hasselt, since 16-12-2015
2.300.966.296 3500 Hasselt, since 01-02-2020
Financial year end
31 December
Peppol
Reachable since 05-05-2025

Board and ownership

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€107,286
▲ 72.5%
Turnover
≈ €410,000
estimated
Profit
€11,060
Equity
€82,926
▲ 15.4%
Total assets
€204,223
▲ 23.7%
Employees on 31-12-2025
3
▲ 200%
Score breakdownraises riskSector: Wholesale trade (NACE 46)lowers riskLiquidity: current ratio 1.67, cash €102,290Founded in 2015Equity €82,926 (40.6% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 60% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 66-3
equity 40.6% of total assets
Liquidity 70-3
short-term debt 57.2% · cash 50.1%
Profitability 60+21
return on assets 5.4%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,896 companies, NACE 46, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026highest value 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.1%▼ -0.1 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.67 (1.69 in 2024), above the usual 1.5. Short-term debt is 57.2% and cash 50.1% of total assets. However, 59.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 49% of them on solvency, 75% on liquidity, 44% on profitability and 71% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.67, cash €102,290
NBB · annual accounts
lowers risk · Founded in 2015
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Wholesale trade (NACE 46)
KBO
lowers risk · Equity €82,926 (40.6% of total assets)
NBB · annual accounts
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 days early
2024
37 days early
2023
2 days early
2022
52 days early
2021
25 days early
2020
16 days early
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 22 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
  • Higher gross margin than 81% of companies in wholesale tradesector median €28,685 · 13,722 companies €107,286 View

Recent changes

  1. · Gazette deed 2 managers resigning, 2 directors reappointedResignations: NIJS Gilbert Mathieu (manager) and MAGIELS Seppe (manager) · Reappointments: NIJS Gilbert Mathieu (director) and MAGIELS Seppe (director) · “Verstrekken van advies,consultancy,bemiddeling,coördinatie,organisatie,planning,toezicht,engineering,studiewer…” (deed in Dutch)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as Magnis Group: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €179,000 and €234,000, founded between 2015 and 2016.

CompanyTotal assetsGross margin
Magnis Group Hasselt€204,223€107,286
Multi Business Projects Zonhoven€189,770€123,691
NUMIDES Tongeren-Borgloon€219,564€89,366
HOMEDRESSERS Aarschot€212,723€116,874
BiosenSource Vilvoorde€233,668€98,004
MELM Eeklo€204,561€78,047
DAYEKH EMPIRE Sint-Jans-Molenbeek€179,229€79,769
Full comparison

Key facts about Magnis Group

What is the company number of Magnis Group?
The company number of Magnis Group is 0644.548.271. The VAT number is the same number with BE in front: BE 0644.548.271.
Where is Magnis Group based?
The registered office is at Georges Ottenbourgsstraat 2, 3500 Hasselt.Company details
What does Magnis Group do?
According to the KBO register, the main activity is agents specialised in the wholesale of other particular products (NACE 46180).
What is the legal form of Magnis Group?
The legal form of Magnis Group is Private limited company (BV).
When was Magnis Group founded?
Magnis Group was founded on 16-12-2015.
Is Magnis Group still active?
Yes, Magnis Group is an active enterprise in the KBO register.
How many employees does Magnis Group have?
Magnis Group had an average of 2.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Magnis Group fall under?
In its 2021 annual accounts, Magnis Group states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of Magnis Group?
The turnover in financial year 2025 is ≈ €410,000. This figure is estimated from the gross margin of €107,286 and 31 comparable companies (NACE 461). It probably lies between €190,000 and €980,000.
Is Magnis Group profitable?
In financial year 2025, Magnis Group made a profit of €11,060.
Where can I find the annual accounts of Magnis Group?
Magnis Group filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Magnis Group due?
Magnis Group must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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