Magnus Immo
ActiveMagnus Immo has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €33k and a net result of €12k. Equity is growing by ~56.6% per year across the filed fiscal years. Its solvency ranks better than 26% of 19358 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability47▲+10
Solvency30▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.29 against 0.38 in 2023; short-term debt: 31.6% and cash: 9.1% of total assets), and 94.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
5.2%
Return on assets
1.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
30 d early
2022
6 d early
2021
30 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€33k▲ 55.2%
2023 · €21k
2021: €8k
2022: €21k
2023: €21k
2021 → 2024
Total assets
€644k▼ 2.8%
2023 · €662k
2021: €383k
2022: €383k
2023: €662k
2021 → 2024
Net result
€12k▲ 3,315%
2023 · €346
2021: €6k
2022: €13k
2023: €346
2021 → 2024
Working capital
€-144k▼ 19.1%
2023 · €-121k
2021: €-52k
2022: €-48k
2023: €-121k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€8k-€21k▲ 150%€21k▲ 1.6%€33k▲ 55.2%
Operating result€15k-€21k▲ 43.2%€10k▼ 50.8%€32k▲ 208%
Net result€6k-€13k▲ 113%€346▼ 97.3%€12k▲ 3,315%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 208% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €644k
Fixed assets
€584k▼ 0.6%
Current assets
€60k▼ 19.8%
Equity and liabilities €644k
Equity
€33k▲ 55.2%
Debt
€611k▼ 4.7%
The debt ratio falls from 96.8% to 94.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€47k▲
2023 · €21k
Cash flow
€28k▲
2023 · €11k
Solvency
5.2%▲
2023 · 3.2%
Current ratio
0.29▼
2023 · 0.38
Quick ratio
0.29▼
2023 · 0.38
Debt / equity
18.41▼
2023 · 29.98
ROE
35.6%▲
2023 · 1.6%
ROA
1.8%▲
2023 · 0.1%
Interest coverage
3.09▲
2023 · 2.16
Debt
€611k▼
2023 · €641k
Debt ≤ 1 year
€204k▲
2023 · €196k
Debt > 1 year
€407k▼
2023 · €445k
Income taxes
€4k▲
2023 · €86
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€662k€644k▼
Fixed assets21/28€588k€584k▼
Tangible fixed assets22/27€588k€584k▼
Land and buildings22€588k€584k▼
Current assets29/58€75k€60k▼
Amounts receivable within one year40/41€59k-
Other amounts receivable41€59k-
Cash at bank and in hand54/58€16k€59k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€662k€644k▼
Equity10/15€21k€33k▲
Contributions10/11€3k€3k=
Reserves13€19k€31k▲
Distributable reserves133€19k€31k▲
Amounts payable17/49€641k€611k▼
Amounts payable after more than one year17€445k€407k▼
Financial debts170/4€445k€407k▼
Amounts payable within one year42/48€196k€204k▲
Current portion of amounts payable after more than one year42€34k€38k▲
Trade debts44€160€258▲
Suppliers440/4€160€258▲
Taxes, remuneration and social security45€3k€7k▲
Taxes450/3€3k€7k▲
Other amounts payable47/48€158k€158k=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€16k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€23k€49k▲
Operating profit (loss)9901€10k€32k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€10k€15k▲
Recurring financial charges65€10k€15k▲
Profit (loss) for the period before taxes9903€432€16k▲
Income taxes67/77€86€4k▲
Profit (loss) for the period9904€346€12k▲
Profit (loss) for the period to be appropriated9905€346€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€346€12k▲
Transfer to equity691/2€346€12k▲
To other reserves6921€346€12k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €346 ▼97.3%
Net result drops to €346, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €13k ▲113%
Net result €13k, the highest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Halen · 1 establishment unit since 2020
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.
Lobosstraat 23545 HalenGround area
2,735 m²
Building footprint
431 m²
Volume, LiDAR
4,083 m³
Parcel 71063B1016/00H000, Flanders · tallest building 23.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Magnus Immo
since 20202.306.550.726
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71063B1016/00H000 | Flanders | 2,735 m² | 1 · 431 m² | 23.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 587 companies in sector 68204 we hold annual accounts for 317. 137 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-08-2020
Fiscal year end31-12
Activities, NACEBEL
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.