MAGRACON
ActiveMAGRACON has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €510k and a net result of €10k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 87% of 265 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▲+2
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 5.54 against 4.71 in 2024; short-term debt: 18% and cash: 1.8% of total assets), and 18% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
82%
Return on assets
1.5%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Sector 23
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
21 d early
2023
20 d late
2022
33 d early
2021
11 d early
2020
26 d early
2019
44 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€510k▲ 1.9%
2024 · €501k
2018: €466k
2019: €472k
2020: €476k
2021: €485k
2022: €493k
2023: €497k
2024: €501k
2018 → 2025
Total assets
€623k▼ 2.1%
2024 · €636k
2018: €623k
2019: €581k
2020: €589k
2021: €616k
2022: €630k
2023: €630k
2024: €636k
2018 → 2025
Net result
€10k▲ 132%
2024 · €4k
2018: €6k
2019: €6k
2020: €4k
2021: €9k
2022: €7k
2023: €4k
2024: €4k
2018 → 2025
Working capital
€510k▲ 1.9%
2024 · €501k
2018: €466k
2019: €472k
2020: €476k
2021: €485k
2022: €493k
2023: €497k
2024: €501k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€485k-€493k▲ 1.5%€497k▲ 0.8%€501k▲ 0.8%€510k▲ 1.9%
Operating result€14k-€11k▼ 22.8%€6k▼ 40.6%€7k▲ 5.9%€14k▲ 107%
Net result€9k-€7k▼ 21.6%€4k▼ 47.4%€4k▲ 6.3%€10k▲ 132%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 107% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €623k
Equity
€510k▲ 1.9%
Debt
€112k▼ 16.8%
The debt ratio falls from 21.2% to 18.0%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
82.0%▲
2024 · 78.8%
Current ratio
5.54▲
2024 · 4.71
Quick ratio
5.54▲
2024 · 4.71
Debt / equity
0.22▼
2024 · 0.27
ROE
1.9%▲
2024 · 0.8%
ROA
1.5%▲
2024 · 0.6%
Debt
€112k▼
2024 · €135k
Debt ≤ 1 year
€112k▼
2024 · €135k
Income taxes
€4k▲
2024 · €3k
Staff costs
€1.05M▼
2024 · €1.06M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€636k€623k▼
Current assets29/58€636k€623k▼
Amounts receivable within one year40/41€619k€611k▼
Trade receivables40€618k€611k▼
Other amounts receivable41€1k€489▼
Cash at bank and in hand54/58€17k€11k▼
Equity and liabilities
Total equity and liabilities10/49€636k€623k▼
Equity10/15€501k€510k▲
Contributions10/11€20k€20k=
Reserves13€481k€490k▲
Distributable reserves133€481k€490k▲
Amounts payable17/49€135k€112k▼
Amounts payable within one year42/48€135k€112k▼
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€133k€111k▼
Taxes450/3€73k€65k▼
Remuneration and social security454/9€60k€46k▼
Income statement
Code20242025
Remuneration, social security and pensions62€1.06M€1.05M▼
Other operating charges640/8€593€608▲
Gross operating margin9900€1.07M€1.06M▼
Operating profit (loss)9901€7k€14k▲
Financial income75/76B-€6
Recurring financial income75-€6
Financial charges65/66B€29€29▲
Recurring financial charges65€29€29▲
Profit (loss) for the period before taxes9903€7k€14k▲
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€4k€10k▲
Profit (loss) for the period to be appropriated9905€4k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€10k▲
Transfer to equity691/2€4k€10k▲
To other reserves6921€4k€10k▲
Social balance
Average headcount (FTE)908715.913.2▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €10k ▲132%
Operating result €14k, net result €10k, both a record.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €500kEq €501k ▲0.8%
7 profitable years in a row build equity to €501k.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 20 days late
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €4k ▼41.7%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Ravels · 1 establishment unit since 2017
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.
Klein Ravels 912380 RavelsGround area
2.0 ha
Building footprint
4,821 m²
Volume, LiDAR
31,061 m³
2 parcels, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MAGRACON
since 20172.264.711.854
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13035A0077/00P011 | Flanders | 2.0 ha | 1 · 4,438 m² | 10.5 m · 2 fl. |
| 13035A0077/00D005 | Flanders | 390 m² | 1 · 383 m² | 6.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
VAN LIERDE NATUURSTEEN
BE 0424.341.445
Menen · Eq €508k
Robert Radermacher
BE 0428.908.462
Raeren · Eq €513k
MARBRERIE DELOBEL
BE 0477.179.721
Gedinne · Eq €507k
GRANIDESIGN CULOT
BE 0479.148.722
Londerzeel · Eq €515k
Natuursteen Baeken
BE 0404.139.810
Turnhout · Eq €503k
Of 738 companies in sector 23700 we hold annual accounts for 491. 397 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-08-2000
Fiscal year end31-12
Activities, NACEBEL
23700Cutting, shaping and finishing of stone
26700
74501
78100Employment placement agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.