MAGGY TEXTILES
ActiveMAGGY TEXTILES has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €508k and a net result of €37k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 87% of 10345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-1
Solvency100▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 4.39 against 3.61 in 2024; short-term debt: 21.8% and cash: 5.1% of total assets), and 21.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
78.2%
Return on assets
5.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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.
NBB · 10 filingsDeviation from the deadline
2025
6 d late
2024
1 d late
2023
29 d late
2022
21 d late
2021
30 d late
2020
31 d late
2019
90 d late
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€508k▲ 7.9%
2024 · €470k
2018: €329k
2019: €365k
2020: €376k
2021: €401k
2022: €407k
2023: €429k
2024: €470k
2018 → 2025
Total assets
€649k▲ 0.8%
2024 · €644k
2018: €402k
2019: €445k
2020: €482k
2021: €573k
2022: €700k
2023: €556k
2024: €644k
2018 → 2025
Net result
€37k▼ 9.2%
2024 · €41k
2018: €-23k
2019: €45k
2020: €11k
2021: €25k
2022: €6k
2023: €23k
2024: €41k
2018 → 2025
Working capital
€481k▲ 5.9%
2024 · €454k
2018: €238k
2019: €312k
2020: €367k
2021: €387k
2022: €382k
2023: €409k
2024: €454k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€401k-€407k▲ 1.4%€429k▲ 5.6%€470k▲ 9.6%€508k▲ 7.9%
Operating result€15k-€-7k€16k€36k▲ 126%€29k▼ 20.5%
Net result€25k-€6k▼ 77.6%€23k▲ 305%€41k▲ 81.2%€37k▼ 9.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €649k
Fixed assets
€27k▲ 63.6%
Current assets
€622k▼ 0.9%
Equity and liabilities €649k
Equity
€508k▲ 7.9%
Debt
€142k▼ 18.6%
The debt ratio falls from 27.0% to 21.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€31k▼
2024 · €39k
Cash flow
€40k▼
2024 · €44k
Solvency
78.2%▲
2024 · 73.0%
Current ratio
4.39▲
2024 · 3.61
Quick ratio
2.72▲
2024 · 2.44
Debt / equity
0.28▼
2024 · 0.37
ROE
7.3%▼
2024 · 8.7%
ROA
5.7%▼
2024 · 6.4%
Interest coverage
8.29▼
2024 · 21.57
Debt
€142k▼
2024 · €174k
Debt ≤ 1 year
€142k▼
2024 · €174k
Income taxes
€15k▼
2024 · €17k
Staff costs
€88k▼
2024 · €91k
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€644k€649k▲
Fixed assets21/28€16k€27k▲
Tangible fixed assets22/27€16k€27k▲
Furniture and vehicles24€1k€14k▲
Other tangible fixed assets26€15k€12k▼
Financial fixed assets28€505€0▼
Current assets29/58€628k€622k▼
Amounts receivable after more than one year29€248k€263k▲
Other amounts receivable291€248k€263k▲
Stocks and contracts in progress3€202k€238k▲
Stocks30/36€202k€238k▲
Amounts receivable within one year40/41€88k€79k▼
Trade receivables40€14k€0▼
Other amounts receivable41€74k€79k▲
Cash at bank and in hand54/58€80k€33k▼
Deferred charges and accrued income490/1€9k€10k▲
Equity and liabilities
Total equity and liabilities10/49€644k€649k▲
Equity10/15€470k€508k▲
Contributions10/11€171k€171k=
Reserves13€299k€336k▲
Non-distributable reserves130/1€17k€17k=
Reserves not available under the articles1311€17k€17k=
Distributable reserves133€282k€319k▲
Amounts payable17/49€174k€142k▼
Amounts payable within one year42/48€174k€142k▼
Financial debts43€0-
Other loans439€0-
Trade debts44€44k€14k▼
Suppliers440/4€44k€14k▼
Taxes, remuneration and social security45€59k€46k▼
Taxes450/3€44k€28k▼
Remuneration and social security454/9€15k€18k▲
Other amounts payable47/48€71k€82k▲
Income statement
Code20242025
Remuneration, social security and pensions62€91k€88k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€44k€8k▼
Other operating charges640/8€696€2k▲
Gross operating margin9900€175k€129k▼
Operating profit (loss)9901€36k€29k▼
Financial income75/76B€24k€28k▲
Recurring financial income75€24k€28k▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€58k€53k▼
Income taxes67/77€17k€15k▼
Profit (loss) for the period9904€41k€37k▼
Profit (loss) for the period to be appropriated9905€41k€37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€41k€37k▼
Transfer to equity691/2€41k€37k▼
To other reserves6921€41k€37k▼
Social balance
Average headcount (FTE)90871.01.8▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 6 days late
2025
31-12
Financial
Equity above €500kEq €508k ▲7.9%
7 profitable years in a row build equity to €508k.
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 1 day late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 21 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 90 days late
2019
31-12
Financial
Back to profitnet €45k
Net result €45k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Dendermonde · 1 establishment unit since 2002
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.
Vlasmarkt (DEN) 89200 DendermondeGround area
88 m²
Building footprint
88 m²
Volume, LiDAR
909 m³
Parcel 42006D0011/00D000, Flanders · tallest building 17.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Vlasmarkt (DEN) 8, 9200 Dendermonde
since 20022.095.808.130
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42006D0011/00D000 | Flanders | 88 m² | 1 · 88 m² | 17.4 m · 4 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 27,822 EUR awarded · 27,822 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 14,197 EUR | 14,197 EUR |
| 2024 | 1 | 10,530 EUR | 10,530 EUR |
| 2022 | 1 | 3,095 EUR | 3,095 EUR |
Schemes
Individueel Maatwerk
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Similar companies · same sector, comparable size
LICA MODA
BE 0812.368.664
Anderlecht · Eq €505k
PLUGERS
BE 0436.993.809
Tongeren-Borgloon · Eq €510k
PHILIANE SOLUTIONS
BE 0809.944.555
Vorst · Eq €512k
GRIS
BE 0425.079.338
Gent · Eq €512k
G-STAR RETAIL BELGIUM
BE 0688.603.295
Antwerpen · Eq €513k
Of 6,503 companies in sector 47716 we hold annual accounts for 2,440. 1,440 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-02-2002
Fiscal year end31-12
Activities, NACEBEL
47711Retail sale of women's outerwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
52421
52423
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.