MAGNUM BAR
ActiveSummary
The computed 12-month bankruptcy probability of MAGNUM BAR is 7.8% (elevated). For MAGNUM BAR, at least two annual filings are missing. The 2022 annual accounts show equity of €8,124 and a net result of -€3,085. Its solvency ranks better than 62% of 16,305 sector peers (NACE 56, financial year 2022). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 20-07-2020 Normal situation
- Activity
- Cafés and bars NACE 56301and 5 others
- Establishment unit
- 2.305.726.028 4800 Verviers, since 01-08-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 26-03-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 7.8%
2022 figures too old to score
Annual accounts 2022
- Turnover
- €67,200
- ▲ 21.6%
- Loss
- €3,085
- Equity
- €8,124
- ▼ 27.5%
- Total assets
- €18,843
- ▼ 19.3%
- Staff
- 2.6 FTE
- 2023 accounts not filed, 825 days past the deadline
Signalsraises riskFigures for financial year 2022 (filed on 09-08-2023)3 financial years not filed after the legal deadline; last filed accounts filed 4 days lateNo filing in 24 months (latest 09-08-2023)Size: turnover €67,200, total assets €18,843Two or more financial years not filed2022 accounts filed 4 days lateShow the evidence
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2022. They are too old for a current score.
Bankruptcy probability: Elevated
Filing: At least two annual filings are missing
Financial strength, FY 2022 · tick: 2021
Average
Solvency
68-5
equity 43.1% of total assets
Liquidity
36+2
short-term debt 56.9% · cash 12.2%
Profitability
30-67
return on assets -16.4%
Bankruptcy probability within 12 months
7.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 5.5%lowest value
01-2025: 7.0%▲ +1.5 percentage points vs 12-2024
02-2025: 7.0%● unchanged vs 01-2025
03-2025: 7.0%● unchanged vs 02-2025
04-2025: 6.4%▼ -0.6 percentage points vs 03-2025
05-2025: 6.4%● unchanged vs 04-2025
06-2025: 6.3%▼ -0.1 percentage points vs 05-2025
07-2025: 6.3%● unchanged vs 06-2025
08-2025: 8.0%▲ +1.7 percentage points vs 07-2025
09-2025: 8.4%▲ +0.4 percentage points vs 08-2025highest value
10-2025: 8.2%▼ -0.2 percentage points vs 09-2025
11-2025: 8.2%● unchanged vs 10-2025
12-2025: 8.2%● unchanged vs 11-2025
01-2026: 8.2%● unchanged vs 12-2025
02-2026: 8.3%▲ +0.1 percentage points vs 01-2026
03-2026: 8.3%● unchanged vs 02-2026
04-2026: 8.2%▼ -0.1 percentage points vs 03-2026
05-2026: 8.2%● unchanged vs 04-2026
06-2026: 8.2%● unchanged vs 05-2026
07-2026: 8.2%● unchanged vs 06-2026
08-2026: 7.8%▼ -0.4 percentage points vs 07-2026
09-2026: 7.8%● unchanged vs 08-2026
10-2026: 7.8%● unchanged vs 09-2026
11-2026: 7.8%● unchanged vs 10-2026
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Signals
Six signals.
raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2023 year end31-07-2024 deadline03-11-2026 today
raises risk · 2022 accounts filed 4 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 04-08-2023, 4 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 · 2 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
4 days late
2021
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 17 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
Recent changes
- · Gazette deed 2 directors appointed, 1 director resigningResignation: VAN ACKER Christina (director) · Appointments: VAN ACKER Christellie (director) and ANNIBALE Jennifer (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as MAGNUM BAR: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €18,600 and €24,300, founded between 2020 and 2021.
| Company | Total assets | Gross margin |
|---|---|---|
| MAGNUM BAR Verviers | €18,843 | €26,656 |
| STAMINEE PAJOT Liedekerke | €22,830 | €24,012 |
| ARGONNE Sint-Gillis (bij-Brussel) | €18,611 | €21,345 |
| KAFFEÏNE Oudergem | €20,954 | €21,938 |
| LE NEW DAKAR Watermaal-Bosvoorde | €21,936 | €28,695 |
| IGG-SOLUTIONS Farciennes | €22,362 | €20,074 |
| LE FOGNY Namur | €24,276 | €32,345 |
Key facts about MAGNUM BAR
- What is the company number of MAGNUM BAR?
- The company number of MAGNUM BAR is 0750.924.609. The VAT number is the same number with BE in front: BE 0750.924.609.
- Where is MAGNUM BAR based?
- The registered office is at Rue Courtois 4, 4800 Verviers.Company details
- What does MAGNUM BAR do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of MAGNUM BAR?
- The legal form of MAGNUM BAR is Private limited company (BV).
- When was MAGNUM BAR founded?
- MAGNUM BAR was founded on 20-07-2020.
- Is MAGNUM BAR still active?
- Yes, MAGNUM BAR is an active enterprise in the KBO register.
- How many employees does MAGNUM BAR have?
- MAGNUM BAR had an average of 2.6 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of MAGNUM BAR?
- The turnover of MAGNUM BAR was €67,200 in financial year 2022, according to the filed annual accounts.
- Is MAGNUM BAR profitable?
- In financial year 2022, MAGNUM BAR made a loss of €3,085.
- Where can I find the annual accounts of MAGNUM BAR?
- MAGNUM BAR filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2022.
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