MAGRITTE SHOP
A bankruptcy procedure is open for MAGRITTE SHOP according to publications in the Belgian State Gazette. The file additionally contains 1 judicial reorganisation. The 2023 annual accounts show negative equity (€-147k) and a net result of €21k.
| Equity | €-147k |
| Net result | €21k |
| Staff (FTE) | 8.6 |
| Better than sector | 12% |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -25.4% | 18.0% | |
| Net result | €21k | €11k | |
| Equity | €-147k | €80k | |
| Gross operating margin | €308k | €162k | |
| Staff costs | €248k | €187k |
| Fiscal year | 2023 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €57k |
| Net profit | €21k |
| Cash flow | €44k |
| Staff costs | €248k |
| Income taxes | - |
| Dividends | - |
| Total assets | €578k |
| Equity | €-147k |
| Debt | €725k |
| of which ≤ 1y | €550k |
| of which > 1y | €174k |
| Working capital | €-110k |
| Employees (FTE) | 8.6 |
| 2023 | |
|---|---|
| Current ratio | 0.80 |
| Quick ratio | 0.34 |
| Working capital ratio | -19.0% |
| Solvency | -25.4% |
| Debt / equity | -4.94 |
| Long-term debt ratio | -1.19 |
| Interest coverage | 4.37 |
| Gross margin | - |
| Net margin | - |
| ROA | 3.7% |
| ROE | -14.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €578k |
| Fixed assets | 21/28 | €138k |
| Intangible fixed assets | 21 | €24k |
| Tangible fixed assets | 22/27 | €113k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €440k |
| Stocks & contracts in progress | 3 | €255k |
| Amounts receivable within one year | 40/41 | €157k |
| Cash & bank | 54/58 | €25k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €578k |
| Equity | 10/15 | €-147k |
| Contributions / capital | 10/11 | €25k |
| Accumulated profits (losses) | 14 | €-172k |
| Amounts payable | 17/49 | €725k |
| Amounts payable after one year | 17 | €174k |
| Amounts payable within one year | 42/48 | €550k |
| Trade debts payable within one year | 44 | €242k |
| Income statement | ||
| Gross operating margin | 9900 | €308k |
| Operating result | 9901 | €34k |
| Financial income | 75 | €22 |
| Financial charges | 65 | €13k |
| Result before taxes | 9903 | €21k |
| Net result for the period | 9904 | €21k |
| Result to be appropriated | 9905 | €21k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | GENEVIEVE DEDOBBELEER RUE DE CHARLEROI 2,
1400 NIVELLES |
11-07-2025 → present | Belgian State Gazette |
| NACE primary | Overige niet-gespecialiseerde detailhandel(47120) |
| Legal form | Private limited company(610) |
| Incorporation | 13-09-2021 |
| Status | Active |
| Postal code | 1180 |
| First BS signal | 20-02-2025 |
| Latest BS signal | 17-07-2025 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094A0072/00K000 | Flanders | 8,564 m² | - | - |
| 21804D1152/00R000 | Brussels | 2,208 m² | 1 · 3,622 m² | 32.7 m · 7 fl. |
| 21004A0485/00L000 ProtectedArchitectural ensemble · Site or landscape · MonumentDen Cruywagen - uitbreiding van de bescherming met bepaalde delenSource ↗ |
Brussels | 1,665 m² | 1 · 154 m² | 25.6 m · 7 fl. |
| 21612C0056/02F082 | Brussels | 552 m² | 1 · 62 m² | 10.6 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 1 further earlier event in this file, covering 14-02-2025 to 11-07-2025.
| Legal nameFR | MAGRITTE SHOP |