MAGPIE
ActiveSummary
The annual accounts of MAGPIE for financial year 2025 show a net loss of 86% of total assets. The 2025 annual accounts show equity of €10,216 and a net result of -€9,784. Its solvency ranks better than 92% of 17,119 sector peers (NACE 68, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
Source: KBO- Status
- Active since 23-05-2025 Normal situation
- Activity
- Buying and selling of own real estate NACE 68110and 5 others
- Establishment unit
- 2.374.471.908 9050 Gent, since 23-05-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- -€7,882
- Loss
- €9,784
- Equity
- €10,216
- Total assets
- €11,348
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year1 change of registered office in 24 monthsLoss of €9,784 (financial year 2025)lowers riskSector: Real estate activities (NACE 68)Liquidity: current ratio 6.86, cash €4,450Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 91% of them on solvency, 96% on liquidity and 4% on profitability.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
Searched, nothing found (1)
Key points
- Positive: Higher solvency than 91% of companies in real estatesector median 29.0% · 17,119 companies 90.0% View
Recent changes
- · Gazette deed Registered office moved from Gent to Gentbrugge
- · Gazette deed IncorporationStarting capital €250,000 · Appointments: PINE Samuel (director) and PINE Kristi (director)
Comparable companies
These companies have the same main activity as MAGPIE: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €8,020 and €15,600, founded between 2024 and 2025.
| Company | Total assets | Gross margin |
|---|---|---|
| MAGPIE Gent | €11,348 | -€7,882 |
| TOCH INVEST Destelbergen | €10,069 | €569 |
| OSIRIS HABITAT Courcelles | €15,457 | -€5,361 |
| GUINCO Havelange | €8,022 | -€1,879 |
| B.R.S.I.Invest Sint-Jans-Molenbeek | €9,865 | -€2,670 |
| KALYOS PROJECT Nivelles | €13,420 | €976 |
| BUSI Hensies | €15,597 | -€6,671 |
Key facts about MAGPIE
- What is the company number of MAGPIE?
- The company number of MAGPIE is 1023.667.526. The VAT number is the same number with BE in front: BE 1023.667.526.
- Where is MAGPIE based?
- The registered office is at Klokstraat 53, 9050 Gent.Company details
- What does MAGPIE do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of MAGPIE?
- The legal form of MAGPIE is Private limited company (BV).
- When was MAGPIE founded?
- MAGPIE was founded on 23-05-2025.
- Is MAGPIE still active?
- Yes, MAGPIE is an active enterprise in the KBO register.
- What is the turnover of MAGPIE?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is MAGPIE profitable?
- In financial year 2025, MAGPIE made a loss of €9,784.
- Where can I find the annual accounts of MAGPIE?
- MAGPIE filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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