Magnus Opus

Active

Private limited companyfounded 20224 yrs activeBargestraat 16, 8340 Damme, BelgiumKBO/BCE: BE 0783.326.369

The computed 12-month bankruptcy probability of Magnus Opus is 3.2% (moderate). The 2024 annual accounts show equity of €39k and a net result of €-2k. Equity is shrinking by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 36373 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

73 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability63=

Solvency100=

Growth58=

Track record94

Bankruptcy probability, 12 months

3.2% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €2.5k at 30 days acceptable

cash: 53.3% of total assets, and 0% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

100%

Return on assets

-4.9%

Age of the figures

21 mo

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 · 3 filings

Deviation from the deadline

2025

not confirmed

2024

24 d early

2023

30 d early

2022

6 d early

← before the deadline after the deadline →

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 2024, micro schema

Equity

€39k▼ 4.7%

2023 · €41k

2022: €43k 2023: €41k

2022 → 2024

Total assets

€39k▼ 4.7%

2023 · €41k

2022: €43k 2023: €41k

2022 → 2024

Net result

€-2k▼ 4.2%

2023 · €-2k

2022: €-7k 2023: €-2k

2022 → 2024

Working capital

Not included in this filing

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€43k-€41k▼ 4.3%€39k▼ 4.7%

Operating result€-7k-€-2k▲ 76.8%€-2k▼ 6.4%

Net result€-7k-€-2k▲ 74.6%€-2k▼ 4.2%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €2k in 2024 against €2k in 2023; the loss grows.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €39k

30.7%

69.3%

Fixed assets €12k▼ 31.4%

Current assets €27k▲ 15.0%

Key figures and ratios

2024 value · change against 2023

EBITDA

€4k▼

2023 · €4k

Cash flow

€4k▼

2023 · €4k

Solvency

100.0%=

2023 · 100.0%

ROE

-4.9%▼

2023 · -4.5%

ROA

-4.9%▼

2023 · -4.5%

Interest coverage

21.56▲

2023 · 19.07

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€41k€39k▼

Fixed assets21/28€17k€12k▼

Tangible fixed assets22/27€17k€12k▼

Furniture and vehicles24€17k€12k▼

Current assets29/58€23k€27k▲

Amounts receivable within one year40/41€6k€6k▼

Trade receivables40€6k€6k=

Other amounts receivable41€327€206▼

Current investments50/53€17k-

Cash at bank and in hand54/58-€21k

Equity and liabilities

Total equity and liabilities10/49€41k€39k▼

Equity10/15€41k€39k▼

Contributions10/11€50k€50k=

Profit (loss) carried forward14€-9k€-11k▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=

Other operating charges640/8€681€679▼

Gross operating margin9900€4k€4k▼

Operating profit (loss)9901€-2k€-2k▼

Financial charges65/66B€200€172▼

Recurring financial charges65€200€172▼

Profit (loss) for the period before taxes9903€-2k€-2k▼

Profit (loss) for the period9904€-2k€-2k▼

Profit (loss) for the period to be appropriated9905€-2k€-2k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-9k€-11k▼

Profit (loss) brought forward from the previous period14P€-7k€-9k▼

The notes to these accounts (4 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

All 3Filings 3

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

25-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

NBB filing

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, Damme · 1 establishment unit since 2022

establishment The establishment unit 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.

Bargestraat 168340 Damme

Ground area

3,966 m²

Parcel 31019C1038/00M000, Flanders. Linked by address, not a title deed.

1 establishment unit

Magnus Opus

Bargestraat 16, 8340 DammeManufacture of other builders' carpentry and joinery

since 20222.328.947.432

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31019C1038/00M000	Flanders	3,966 m²	-	-

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.

Similar companies · same sector, comparable size

Phoebe’s Construction

BE 0792.686.275

Antwerpen · Eq €39k

WAVE TECH ENGINEERING

BE 0767.498.840

Antwerpen · Eq €39k

Of 4,097 companies in sector 43240 we hold annual accounts for 1,631. 1,294 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded11-03-2022

Fiscal year end31-12

Activities, NACEBEL

43240Other construction installation

43299Specialised construction activities

43990Other specialised construction activities

43999Specialised construction activities

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.