MAGRITTE IMMO
ActiveMAGRITTE IMMO has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €489k and a net result of €459k. Its solvency ranks better than 25% of 4530 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▲+31
Solvency37▲+11
Growth78
Track record82
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days only on tighter terms
Liquidity tight (current ratio 1.14 against 1.01 in 2024; short-term debt: 87.8% and cash: 18% of total assets), and 87.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
12.2%
Return on assets
11.5%
Age of the figures
9 mo
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 06-07-2026, 25 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
25 d early
2024
16 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€459k
2024 · €-32k
2024: €-32k
2024 → 2025
Working capital
€489k▲ 1,581%
2024 · €29k
2024: €29k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€29k-€489k▲ 1,581%
Operating result€81k-€723k▲ 788%
Net result€-32k-€459k
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 788% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €4.01M
Equity
€489k▲ 1,581%
Debt
€3.52M▲ 3.9%
The debt ratio falls from 99.1% to 87.8%. Equity and debt are higher.
Key figures and ratios
Solvency
12.2%▲
2024 · 0.9%
Current ratio
1.14▲
2024 · 1.01
Quick ratio
0.22▲
2024 · 0.00
Debt / equity
7.21
ROE
94.1%▲
2024 · -111.7%
ROA
11.5%▲
2024 · -0.9%
Debt
€3.52M▲
2024 · €3.39M
Debt ≤ 1 year
€3.52M▲
2024 · €3.39M
Income taxes
€142k▲
2024 · €57
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€3.42M€4.01M▲
Current assets29/58€3.42M€4.01M▲
Stocks and contracts in progress3€3.41M€3.24M▼
Stocks30/36-€3.24M
Contracts in progress37€3.41M€0▼
Amounts receivable within one year40/41€242€41k▲
Trade receivables40€242€41k▲
Other amounts receivable41€0€0=
Current investments50/53-€0
Cash at bank and in hand54/58€5k€723k▲
Equity and liabilities
Total equity and liabilities10/49€3.42M€4.01M▲
Equity10/15€29k€489k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13-€6k
Non-distributable reserves130/1-€6k
Legal reserve130-€6k
Profit (loss) carried forward14€-32k€421k▲
Amounts payable17/49€3.39M€3.52M▲
Amounts payable within one year42/48€3.39M€3.52M▲
Financial debts43€1.62M€1.87M▲
Credit institutions430/8€1.62M€1.87M▲
Trade debts44€923k€559k▼
Suppliers440/4€923k€559k▼
Advances received on contracts in progress46€0€0=
Taxes, remuneration and social security45€22k€237k▲
Taxes450/3€22k€237k▲
Other amounts payable47/48€825k€850k▲
Income statement
Code20242025
Other operating charges640/8€356€6k▲
Gross operating margin9900€82k€729k▲
Operating profit (loss)9901€81k€723k▲
Financial income75/76B€194€927▲
Recurring financial income75€194€927▲
Financial charges65/66B€114k€122k▲
Recurring financial charges65€114k€122k▲
Profit (loss) for the period before taxes9903€-32k€602k▲
Income taxes67/77€57€142k▲
Profit (loss) for the period9904€-32k€459k▲
Profit (loss) for the period to be appropriated9905€-32k€459k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-32k€427k▲
Profit (loss) brought forward from the previous period14P-€-32k
Transfer to equity691/2-€6k
To the legal reserve6920-€6k
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €459k
Net result €459k after one loss-making year.
31-12
Financial
Equity above €200kEq €489k ▲1581%
Equity rises from €29k to €489k.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Ans · 1 establishment unit since 2023
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.
Rue des Anglais 6A4430 AnsGround area
1.2 ha
Parcel 62332B0085/00C000, Wallonia. Linked by address, not a title deed.
1 establishment unit
MAGRITTE IMMO SA
since 20232.352.127.759
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62332B0085/00C000 | Wallonia | 1.2 ha | - | - |
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
BEWO-PROJECTS
BE 0843.423.611
Aalter · Eq €488k
2MY CONSULTING
BE 0752.564.305
Manage · Eq €489k
RPH Associés Immobilières
BE 0807.132.644
Arlon · Eq €488k
MATHILO
BE 0691.726.301
Merelbeke-Melle · Eq €488k
C.C.S.
BE 0419.207.274
Ieper · Eq €488k
Of 9,695 companies in sector 68121 we hold annual accounts for 7,381. 4,724 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-11-2023
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.