Financials
- Financial year
- 2023
- Total assets
- €135,347
- Loss
- -€3,882
- Solvency
- -2.2%
Total assets▲ 191%
Net result
20212023
MAGNUM TRANS
ActiveSummary
The computed 12-month bankruptcy probability of MAGNUM TRANS is at least 25% (high). For MAGNUM TRANS, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€2,977) and a net result of -€3,882. Equity is shrinking by about 110% per year across the filed financial years. Its solvency ranks better than 14% of 5,975 sector peers (NACE 49, financial year 2023). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).
Overview
Activity
Freight transport by road
NACE 49410
1 site
Size
€135,347total assets 2023
- Equity
- -€2,977
- Loss
- -€3,882
Financial health
- Bankruptcy probabilitywithin 12 months
- ≥ 25%
2023 figures too old to score
Structure
- Toussaint CyrilDirector
2024 accounts not filed, 450 days past the deadline2 of 3 deeds summarised
Signalsraises risk2 financial years not filed after the legal deadline; last filed accounts filed 97 days late; 3 of the last 3 lateEx-officio strike-off in the KBO1 change of registered office in 24 monthsFigures for financial year 2023 (filed 06-11-2024)Two or more financial years not filed2023 accounts filed 97 days lateAdministrative warnings in the KBO publicationsShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency
23-4
equity -2.2% of total assets
Liquidity
0=
short-term debt 102.2%
Profitability
30+30
return on assets -2.9%
Bankruptcy probability, 12 months
≥ 25%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 3 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 16.5%
12-2024: 13.0%▼ -3.5 percentage points vs 11-2024lowest value
01-2025: 13.0%● unchanged vs 12-2024lowest value
02-2025: 13.0%● unchanged vs 01-2025lowest value
03-2025: 13.1%▲ +0.1 percentage points vs 02-2025
04-2025: 14.7%▲ +1.6 percentage points vs 03-2025
05-2025: 15.5%▲ +0.8 percentage points vs 04-2025
06-2025: 20.5%▲ +5.0 percentage points vs 05-2025
07-2025: 20.1%▼ -0.4 percentage points vs 06-2025
08-2025: 19.9%▼ -0.2 percentage points vs 07-2025
09-2025: 20.3%▲ +0.4 percentage points vs 08-2025
10-2025: 22.0%▲ +1.7 percentage points vs 09-2025
11-2025: 22.2%▲ +0.2 percentage points vs 10-2025
12-2025: 22.4%▲ +0.2 percentage points vs 11-2025
01-2026: 24.2%▲ +1.8 percentage points vs 12-2025
02-2026: 24.2%● unchanged vs 01-2026
03-2026: 24.3%▲ +0.1 percentage points vs 02-2026
04-2026: 17.9%▼ -6.4 percentage points vs 03-2026
05-2026: 17.9%● unchanged vs 04-2026
06-2026: ≥ 25%▲ +11.1 percentage points vs 05-2026
07-2026: ≥ 25%● unchanged vs 06-2026
08-2026: ≥ 25%● unchanged vs 07-2026highest value
09-2026: ≥ 25%● unchanged vs 08-2026highest value
10-2026: ≥ 25%● unchanged vs 09-2026highest value
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Signals
Seven signals.
raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 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 · 3 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline24-10-2026 today
raises risk · 2023 accounts filed 97 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 05-11-2024, 97 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
97 days late
2022
463 days late
2021
76 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 212 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout annulled
- Address strikeout annulledKBO administration
- Address struckevent 22-04-2026
- Resignation: Khalifi Zouinate Ibrahim (director)Appointment: Toussaint Cyril (director) ·…
Key points
- Risk: 2024 accounts not fileddeadline was 31-07-2025 450 days past the deadline View
- Risk: Negative equityfinancial year 2023: debts exceed assets -€2,977 View
- Risk: 3 loss-making years in a rowloss financial year 2023 -€3,882 View
- Caution: Among the weakest 14% on equitysector median €35,361 · 5,990 companies -€2,977 View
By topic
Board & ownership
- Board
- 1 member
- Toussaint CyrilDirector
Timeline
- Events
- 8
- Since
- 2022
- 05-11-2024Annual accounts filed
- 05-11-2024Annual accounts filed
- 20-03-2024Resignation: Hamzaoui El-Mahdi (director)
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Freight transport by roadNACE 49410
- Founded
- 03-11-2020
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
Key facts about MAGNUM TRANS
- What is the company number of MAGNUM TRANS?
- 0757.778.153. In Belgium the VAT number is the company number with BE in front: BE 0757.778.153.
- Where is MAGNUM TRANS based?
- The registered office is at Krekelenberg 84, 1170 Watermaal-Bosvoorde.Company details
- What does MAGNUM TRANS do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of MAGNUM TRANS?
- Private limited company (BV).
- When was MAGNUM TRANS founded?
- On 03-11-2020.
- Is MAGNUM TRANS still active?
- Yes, MAGNUM TRANS is an active enterprise in the KBO register.
- What is the turnover of MAGNUM TRANS?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is MAGNUM TRANS profitable?
- In financial year 2023, MAGNUM TRANS made a loss of €3,882.
- Where can I find the annual accounts of MAGNUM TRANS?
- MAGNUM TRANS filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2023.
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