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Magnis Group

Active
Private limited companyfounded 201510 yrs activeGeorges Ottenbourgsstraat 2, 3500 Hasselt, BelgiumKBO/BCE: BE 0644.548.271

Magnis Group has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €83k and a net result of €11k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 49% of 11282 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
68 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▲+21
Solvency66▼-3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.67 against 1.69 in 2024; short-term debt: 57.2% and cash: 50.1% of total assets), but 59.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
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
40.6%
Return on assets
5.4%
Age of the figures
9 mo
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 d early
2024
37 d early
2023
2 d early
2022
52 d early
2021
25 d early
2020
16 d early
2019
28 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 months
Position in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€83k▲ 15.4%
2024 · €72k
2018: €50k 2019: €31k 2020: €64k 2021: €24k 2022: €54k 2023: €72k 2024: €72k
2018 → 2025
Total assets
€204k▲ 23.7%
2024 · €165k
2018: €78k 2019: €78k 2020: €108k 2021: €120k 2022: €161k 2023: €147k 2024: €165k
2018 → 2025
Net result
€11k
2024 · €-529
2018: €6k 2019: €-18k 2020: €33k 2021: €-41k 2022: €31k 2023: €18k 2024: €-529
2018 → 2025
Working capital
€79k▲ 28.6%
2024 · €61k
2018: €55k 2019: €34k 2020: €84k 2021: €26k 2022: €43k 2023: €51k 2024: €61k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€24k-€54k▲ 128%€72k▲ 33.2%€72k▼ 0.7%€83k▲ 15.4%
Operating result€-40k-€33k€23k▼ 30.8%€7k▼ 70.7%€23k▲ 246%
Net result€-41k-€31k€18k▼ 41.0%€-529€11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-60k€-40k€-20k€0€20k€40kOperating result 2021: €-40k€-40kNet result 2021: €-41k€-41kOperating result 2022: €33k€33kNet result 2022: €31k€31kOperating result 2023: €23k€23kNet result 2023: €18k€18kOperating result 2024: €7k€7kNet result 2024: €-529€-529Operating result 2025: €23k€23kNet result 2025: €11k€11k20212022202320242025
The operating result recovers in 2025; 2025 is 246% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €204k
Fixed assets €9k▼ 41.8%
Current assets €196k▲ 30.1%
Equity and liabilities €204k
Equity €83k▲ 15.4%
Debt €121k▲ 30.1%
The debt ratio rises from 56.5% to 59.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€30k
2024 · €14k
Cash flow
€18k
2024 · €7k
Solvency
40.6%
2024 · 43.5%
Current ratio
1.67
2024 · 1.69
Quick ratio
1.67
2024 · 1.69
Debt / equity
1.46
2024 · 1.30
ROE
13.3%
2024 · -0.7%
ROA
5.4%
2024 · -0.3%
Interest coverage
4.13
2024 · 2.45
Debt
€121k
2024 · €93k
Debt ≤ 1 year
€117k
2024 · €89k
Income taxes
€5k
2024 · €2k
Staff costs
€76k
2024 · €45k
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€165k€204k
Fixed assets21/28€15k€9k
Intangible fixed assets21€365€162
Tangible fixed assets22/27€13k€7k
Plant, machinery and equipment23€10k€6k
Furniture and vehicles24€4k€2k
Financial fixed assets28€1k€1k=
Current assets29/58€150k€196k
Amounts receivable within one year40/41€55k€90k
Trade receivables40€54k€83k
Other amounts receivable41€1k€7k
Cash at bank and in hand54/58€75k€102k
Deferred charges and accrued income490/1€20k€3k
Equity and liabilities
Total equity and liabilities10/49€165k€204k
Equity10/15€72k€83k
Contributions10/11€20k€20k=
Reserves13€52k€63k
Distributable reserves133€52k€63k
Amounts payable17/49€93k€121k
Amounts payable within one year42/48€89k€117k
Current portion of amounts payable after more than one year42€33k€50k
Trade debts44€33k€38k
Suppliers440/4€33k€38k
Taxes, remuneration and social security45€23k€28k
Taxes450/3€18k€18k
Remuneration and social security454/9€5k€10k
Other amounts payable47/48€64€707
Accrued charges and deferred income492/3€4k€4k
Income statement Code20242025
Remuneration, social security and pensions62€45k€76k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€113-
Other operating charges640/8€4k€2k
Gross operating margin9900€62k€107k
Operating profit (loss)9901€7k€23k
Financial income75/76B€916€696
Recurring financial income75€916€696
Financial charges65/66B€6k€7k
Recurring financial charges65€6k€7k
Profit (loss) for the period before taxes9903€2k€16k
Income taxes67/77€2k€5k
Profit (loss) for the period9904€-529€11k
Profit (loss) for the period to be appropriated9905€-529€11k
Appropriation of the result
Profit (loss) to be appropriated9906€-529€11k
Transfer from equity791/2€529-
Transfer to equity691/2-€11k
To other reserves6921-€11k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €11k
Net result €11k after one loss-making year.
24-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
09-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €31k
Net result €31k after one loss-making year.
06-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet €-41k ▼223%
Net result drops to €-41k, the lowest in the series; recovery starts the following year.
15-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €33k
Net result €33k after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 4.97
Current ratio from 1.84 to 4.97; short-term debt falls from €41k to €21k.
28-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
20-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
01-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 1 day late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are 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, Hasselt · 2 establishment units since 2015
establishment All 2 establishment units on the map
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.

Georges Ottenbourgsstraat 23500 Hasselt
Ground area
3,695 m²
Building footprint
1,282 m²
Volume, LiDAR
13,909 m³
2 parcels, Flanders · tallest building 18.3 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Magnis Group
Georges Ottenbourgsstraat 2, 3500 HasseltAgents specialised in the wholesale of other particular products
since 20152.248.406.946
Magnis Group
Ilgatlaan 9, 3500 HasseltPre-press and pre-media services
since 20202.300.966.296
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71326F0174/00C002 Flanders 2,305 m² 1 · 812 m² 10.3 m · 3 fl.
71328D0376/00F000 Flanders 1,389 m² 1 · 471 m² 18.2 m · 6 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 4,422 companies in sector 46180 we hold annual accounts for 1,886. 1,411 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded16-12-2015
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.