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MAGRE

Active Private limited company (pre-2019)founded 2012active for 13 yearsKonkelstraat 4, 1150 Woluwe-Saint-PierreKBO/BCE: BE 0500.758.738

Lifetime

13 annual accounts with figures on one time axis
peak €14,636 (2017)
€2,150▲ €3,144
lowest -€27,348 (2020)
€1,705▲ €4,033
peak €24,015 (2017)
-€43,206▲ €1,705
€57,535▼ 2.0%
Board1 name since 2012
1 director
Documentsfilings and deeds
21-08-202621 days late
2025micro format
Gross margin from -€994 to €2,150Back to profit: €1,705

Key points

from the 2025 annual accounts

Equity

-€43,206
202020212022202320242025

Debts exceed assets in financial year 2025.

Debts

€57,535 402% of the balance sheet
Financial debts 47%Suppliers 15%Taxes and wages 1%Other 38%

Of this, €30,535 falls due within a year.

Position in the sector

-301.5%

Lower solvency than 95% of companies in food and beverage service. Sector median 29.7% · 18,509 companies.

2025 accounts filed 21 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,631 companies had the same profile as MAGRE has now. Each dot stands for 10 companies, two years later.

91.8%
were still trading
4.8%
stopped another way
2.9%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit of 5% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,631 companies, not a prediction for MAGRE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, since 13-11-2012
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0500758738
Incorporation published on 23-11-2012 · Gazette deed
First establishment Konkelstraat 4, Woluwe-Saint-Pierre
All 21 events

Comparable companies

same main activity, similar in size and age
Company
MAGRE Woluwe-Saint-Pierre €14,329 €2,150 -301.5% -
BERIL Schaerbeek €16,456 €1,790 56.1% -
LE PETIT PARIS Rixensart €13,589 €2,835 -487.9% -
EAT-IN-WEMMEL Wemmel €17,058 €1,414 63.9% -
BENSOTIER Tessenderlo-Ham €13,128 €2,696 -139.3% -
SOUSA & SOUSA Sint-Gillis (bij-Brussel) €14,159 €2,668 -76.7% -
IKS Lennik €9,778 €1,859 -1018.4% -

These companies have the same main activity as MAGRE: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €9,780 and €17,100, founded between 2009 and 2017.

Official details

Source: KBO
Status
Active since 13-11-2012Normal situation
Activity
Full-service restaurantsNACE 56111and 1 other
Establishment unit
2.214.933.8301150 Woluwe-Saint-Pierre, since 08-11-2012
Financial year end
31 December
Peppol
Reachable since 16-01-2026
Company details

Annual accounts 2025

≈ €23,000estimated
€14,329▲ 4.0%
Filing
Filed on 21-08-2026
Financials

Insights on MAGRE

MAGRE files the micro format. That format states no turnover. The gross margin fell from €11,818 in 2013 to €2,150 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MAGRE

What is the company number of MAGRE?
The company number of MAGRE is 0500.758.738. The VAT number is the same number with BE in front: BE 0500.758.738.
Where is MAGRE based?
The registered office is at Konkelstraat 4, 1150 Woluwe-Saint-Pierre.Company details
What does MAGRE do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of MAGRE?
MAGRE is a private limited company (pre-2019) (BVBA).
When was MAGRE founded?
MAGRE was founded on 13-11-2012.
Is MAGRE still active?
Yes, MAGRE is an active enterprise in the KBO register.
What is the turnover of MAGRE?
The turnover in financial year 2025 is ≈ €23,000. This figure is estimated from the gross margin of €2,150 and 89 comparable companies (NACE 56111). It probably lies between €11,000 and €46,000. It is a rough estimate.Financials
Is MAGRE profitable?
In financial year 2025, MAGRE made a profit of €1,705.
Where can I find the annual accounts of MAGRE?
MAGRE filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MAGRE due?
MAGRE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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