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Magellan Immo

Active
Private limited company· 8 yrs active
Rue Armand Guerlache 16 ·1367 Ramillies, Belgium
KBO/BCE: BE 0696.783.563
Watch Print / PDF
Belgian State Gazette acts: 0 of 4 read
Age8 yrs
Real estate1 parcel · 267 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Magellan Immo is 1.5% (low). The 2025 annual accounts show equity of €639k and a net result of €-21k. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.5% Low
0%0,5%1,5%4%10%≥25%
No NACE activity registered +Higher-failure-rate region +Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Filing behaviour

From the deposit records, complete market-wide
Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
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.
How we compute the deadline
The year end is derived from 7 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 26-08-2026 26 d late 2026-00438809
31-12-2024 31-07-2025 28-08-2025 28 d late 2025-00427670
31-12-2023 31-07-2024 29-08-2024 29 d late 2024-00441699
31-12-2022 31-07-2023 28-08-2023 28 d late 2023-00425685
31-12-2021 31-07-2022 26-08-2022 26 d late 2022-20387256
31-12-2020 31-07-2021 02-08-2021 2 d late 2021-46000349
31-12-2019 31-07-2020 30-07-2020 1 d early 2020-38500084

Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2018, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (micro schema)
EBIT marginNot published (micro schema)
Net result€-21k
Working capital€-185k

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 26-08-2026 with the NBB · fiscal year 2025 · micro
Fiscal year2025
Depositmicro
Revenue-
EBITDA€152k
Net profit€-21k
Cash flow€112k
Staff costs-
Income taxes-
Dividends-
Total assets€2.86M
Equity€639k
Debt€2.22M
of which ≤ 1y€205k
of which > 1y€2.01M
Working capital€-185k
Employees (FTE)-
Ratios (computed)
2025
Current ratio0.10
Quick ratio0.10
Working capital ratio-6.5%
Solvency22.3%
Debt / equity3.48
Long-term debt ratio3.15
Interest coverage3.76
Gross margin-
Net margin-
ROA-0.7%
ROE-3.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€2.86M
Fixed assets 21/28€2.84M
Tangible fixed assets 22/27€2.83M
Financial fixed assets 28€12k
Current assets 29/58€20k
Amounts receivable within one year 40/41€96
Cash & bank 54/58€19k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.86M
Equity 10/15€639k
Contributions / capital 10/11€977k
Accumulated profits (losses) 14€-338k
Amounts payable 17/49€2.22M
Amounts payable after one year 17€2.01M
Amounts payable within one year 42/48€205k
Trade debts payable within one year 44€93k
Income statement
Gross operating margin 9900€170k
Operating result 9901€19k
Financial income 75€431
Financial charges 65€40k
Result before taxes 9903€-21k
Net result for the period 9904€-21k
Result to be appropriated 9905€-21k
Ratios computed by Checked.

Health barometer

FY 2025 · computed
23 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
2 companies at this address See who is registered here
Parcels1
Ground area267 m²
Buildings1
Building footprint160 m²
Volume (LiDAR)1,400 m³
Tallest building10.1 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25002C0199/00H000 Wallonia 267 m² 1 · 160 m² 10.1 m · 3 fl.
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.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 act
All acts · 1 updated 2 years ago
2024
09-01-2024 Publication in the Belgian Official Gazette, Miscellaneous Miscellaneous·Olivier JAMAR
Summary: otherNotary: Olivier JAMAR · Chaumont-Gistoux

Analysis

Financial profile

4 of 5 axes measured
Health23Profitability0Solvency20Growth-Stability85
32 / 100

Fragile profile, watch profitability in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 23
Profitability 0
Solvency 20
Growth -
Stability 85

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameFR Magellan Immo
Registered office
Rue Armand Guerlache 16
1367 Ramillies, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.