The computed 12-month bankruptcy probability of MAGRIG is 3.1% (moderate). The 2024 annual accounts show equity of €7k and a net result of €6k. Its solvency ranks better than 58% of 9982 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Axes, FY 2024
Profitability100
Solvency75
Growth-
Track record79
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
49.6%
Return on assets
41.5%
Age of the figures
27 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 13-12-2024, 49 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
49 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€7k
Total assets
€15k
Net result
€6k
Working capital
€7k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €15k
Equity
€7k
Debt
€8k
Debt finances 50.4% of the balance-sheet total.
Key figures and ratios
Solvency
49.6%
Current ratio
1.98
Quick ratio
1.98
Debt / equity
1.02
ROE
83.7%
ROA
41.5%
Debt
€8k
Debt ≤ 1 year
€8k
Income taxes
€2k
Filed annual accounts
As filed with the NBB · 2024
Balance sheet
Code2024
Assets
Total assets20/58€15k
Current assets29/58€15k
Amounts receivable within one year40/41€8k
Other amounts receivable41€8k
Cash at bank and in hand54/58€7k
Equity and liabilities
Total equity and liabilities10/49€15k
Equity10/15€7k
Contributions10/11€1k
Profit (loss) carried forward14€6k
Amounts payable17/49€8k
Amounts payable within one year42/48€8k
Trade debts44€478
Suppliers440/4€478
Taxes, remuneration and social security45€7k
Taxes450/3€2k
Remuneration and social security454/9€5k
Income statement
Code2024
Other operating charges640/8€596
Gross operating margin9900€9k
Operating profit (loss)9901€8k
Financial charges65/66B€249
Recurring financial charges65€249
Profit (loss) for the period before taxes9903€8k
Income taxes67/77€2k
Profit (loss) for the period9904€6k
Profit (loss) for the period to be appropriated9905€6k
Appropriation of the result
Profit (loss) to be appropriated9906€6k
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
2024
13-12
NBB filing
Annual accounts filed
fiscal year 2024 · 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
1 establishment unit since 2022
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.
Ground area
1.1 ha
Building footprint
876 m²
Volume, LiDAR
9,898 m³
2 parcels, Brussels, Flanders · tallest building 15.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MAGRIG
since 20222.344.890.074
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22001A0006/00W002 | Flanders | 1.1 ha | 1 · 794 m² | 13.0 m · 4 fl. |
| 21463D0281/00W007 | Brussels | 83 m² | 1 · 82 m² | 15.2 m · 4 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
DUMAS
BE 1021.548.075
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DUBART RONALD
BE 0792.173.264
Péruwelz · Eq €7k
VARO
BE 0795.679.617
Retie · Eq €7k
BC BATI SERVICES
BE 0756.468.257
Frameries · Eq €7k
TDM CONSTRUCT
BE 0879.945.101
La Louvière · Eq €7k
Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 8,067 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-12-2022
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
43211General electrical installation work
43221Plumbing work
43240Other construction installation
43299Specialised construction activities
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress 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.