Financials
- Fiscal year
- 2024
- Total assets
- €105,959
- Loss
- -€1,539
- Solvency
- -2745.8%
Total assets▲ 99.1%
Net result
20182024
MAGUSTA
ActiveSummary
The computed 12-month bankruptcy probability of MAGUSTA is 2.3% (moderate). The 2024 annual accounts show negative equity (-€2.9m) and a net result of -€1,539. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 5% of 26033 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Retail sale of prescription glasses, lenses and sunglasses
NACE 47742Retail trade NACE 47782
1 site
Size
€105,959total assets 2024
- Equity
- -€2.9m
- Loss
- -€1,539
Turnover not published (abridged schema)
Structure
Accounts 65 d overdue0 of 4 deeds read
Why 51- Figures for FY 2024 (filed 04-07-2025)- Liquidity: current ratio 0.04, cash €449+ Size: total assets €105,959+ Founded in 2010Show the evidence
Checked score
Score 2024
51
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 17% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
0=
equity -2745.8% of total assets
Liquidity
1=
short-term debt 2266.8% · cash 0.4%
Profitability
17-83
return on assets -1.5%
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.9%
12-2024: 1.9%● 0.0% vs 11-2024
01-2025: 1.9%● 0.0% vs 12-2024
02-2025: 1.9%● 0.0% vs 01-2025
03-2025: 1.9%▼ -2.1% vs 02-2025
04-2025: 2.0%▲ +7.6% vs 03-2025
05-2025: 2.3%▲ +14.1% vs 04-2025
06-2025: 2.3%▼ -3.0% vs 05-2025
07-2025: 2.5%▲ +9.8% vs 06-2025highest value
08-2025: 1.9%▼ -23.6% vs 07-2025
09-2025: 1.9%● 0.0% vs 08-2025
10-2025: 1.9%● 0.0% vs 09-2025
11-2025: 1.9%● 0.0% vs 10-2025
12-2025: 1.9%▲ +0.2% vs 11-2025
01-2026: 1.9%● 0.0% vs 12-2025
02-2026: 1.9%▼ -0.7% vs 01-2026
03-2026: 1.8%▼ -2.1% vs 02-2026
04-2026: 0.8%▼ -54.0% vs 03-2026
05-2026: 0.8%▼ -3.3% vs 04-2026
06-2026: 0.8%▼ -3.5% vs 05-2026lowest value
07-2026: 0.8%▲ +3.9% vs 06-2026
08-2026: 1.5%▲ +78.2% vs 07-2026
09-2026: 1.8%▲ +20.5% vs 08-2026
10-2026: 2.3%▲ +28.7% vs 09-2026
- Figures for FY 2024 (filed 04-07-2025) raises the probability
- Size: total assets €105,959 lowers the probability for this profile
- Founded in 2010 lowers the probability for this profile
- Liquidity: current ratio 0.04, cash €449 raises the probability
No credit on open account
Liquidity short (current ratio 0.04 against 0.02 in 2023; cash: 0.4% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 6%, liquidity 2%, profitability 20%, growth against the median 38%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€2.9m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
33 d early
2022
35 d early
2021
2 d early
2020
32 d early
2019
16 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 25 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · micro…
Key points
By topic
Timeline
- Events
- 12
- Since
- 2016
- 30-06-2025Annual accounts filed
- 28-06-2024Annual accounts filed
- 26-06-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Retail sale of prescription glasses, lenses and sunglassesNACE 47742
- Founded
- 31-08-2010
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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