Checked.be
Active
BE 1023.667.526Private limited company
MAGPIE
Klokstraat 53 ·9050 Gent, Belgium· 1 yrs active
Sector: Buying and selling of own real estate
(68110)
Conclusion
MAGPIE has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10k and a net result of €-10k. Its solvency ranks better than 91% of 13549 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €10k |
| Net result | €-10k |
| Better than sector | 91% |
| Active | 1 yrs |
Financial profile
56
/ 100
Mixed profile: strong on solvency, weaker on profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
55
Profitability
0
Solvency
100
Growth
-
Stability
67
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Young company
Founded in 2025, under 3 years, statistically higher risk.
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.
Checked score
55
/ 100
Fair
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.
Indicative credit limit
€500
estimate, not credit advice
Score components
Liquidity
Current ratio 6.86 (≥ 1.5)
+10
Quick ratio
Quick ratio 6.86 (≥ 1.0)
+5
Leverage
Debt/equity 0.11 (< 1.0)
+10
Profitability
Negatieve ROE -96%
-10
Interest coverage
Interest coverage -174.0× (< 1.5×)
-10
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 31-07-2026 with the NBB · fiscal year 2025 · micro schema
Sector comparison
Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 90.0% | 29.9% | |
| Net result | €-10k | €6k | |
| Equity | €10k | €79k | |
| Gross operating margin | €-8k | €41k | |
| Total assets | €11k | €416k |
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €-8k |
| Net profit | €-10k |
| Cash flow | €-8k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €11k |
| Equity | €10k |
| Debt | €1k |
| of which ≤ 1y | €1k |
| of which > 1y | - |
| Working capital | €7k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 6.86 |
| Quick ratio | 6.86 |
| Working capital ratio | 58.5% |
| Solvency | 90.0% |
| Debt / equity | 0.11 |
| Long-term debt ratio | - |
| Interest coverage | -173.98 |
| Gross margin | - |
| Net margin | - |
| ROA | -86.2% |
| ROE | -95.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts (20 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €11k |
| Fixed assets | 21/28 | €3k |
| Formation expenses | 20 | €838 |
| Tangible fixed assets | 22/27 | €3k |
| Current assets | 29/58 | €8k |
| Amounts receivable within one year | 40/41 | €3k |
| Cash & bank | 54/58 | €4k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €11k |
| Equity | 10/15 | €10k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-10k |
| Amounts payable | 17/49 | €1k |
| Amounts payable within one year | 42/48 | €1k |
| Trade debts payable within one year | 44 | €10 |
| Income statement | ||
| Gross operating margin | 9900 | €-8k |
| Operating result | 9901 | €-10k |
| Financial charges | 65 | €47 |
| Result before taxes | 9903 | €-10k |
| Net result for the period | 9904 | €-10k |
| Result to be appropriated | 9905 | €-10k |
Legal Structure
| NACE primary | Buying and selling of own real estate(68110) |
| Legal form | Private limited company(610) |
| Incorporation | 23-05-2025 |
| Status | Active |
| Postal code | 9050 |
Establishment units
Magpie
since 20252.374.471.908
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44022A0400/00N005 | Flanders | 259 m² | 1 · 146 m² | 9.8 m · 2 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.
Updates
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
16-03
State Gazette act
Registered-office change
Notaris niet vermeld
2025
27-05
State Gazette act
Incorporation
oprichting
State Gazette actNBB filing
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
Address history · 1
16-03-2026
Registered-office move
All acts · 2
updated 5 months ago
2026
16-03-2026 Registered office moved from Gent to Gentbrugge
- Turrepoortsteeg 1, 9000 Gent → Klokstraat 53, 9050 Gentbrugge
Notary:
Notaris niet vermeld · Gent
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Klokstraat 53, 9050 Gentbrugge",
"city": "Gentbrugge",
"region": "vlaams_gewest",
"street": "Klokstraat",
"country": "BE",
"postcode": "9050",
"box_number": null,
"street_number": "53",
"locality_suffix": null
},
"old_address": {
"raw": "Turrepoortsteeg 1, 9000 Gent",
"city": "Gent",
"region": "vlaams_gewest",
"street": "Turrepoortsteeg",
"country": "BE",
"postcode": "9000",
"box_number": null,
"street_number": "1",
"locality_suffix": null
},
"effective_date": "2025-08-25",
"evidence_quote": "Het bestuursorgaan besluit de maatschappelijke zetel (hoofdzetel) van de vennootschap te verplaatsen van Turrepoortsteeg 1, 9000 Gent naar Klokstraat 53, 9050 Gentbrugge, met ingang van 25 augustus 2025.",
"region_changed": false,
"is_statute_change": false,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "retroactive",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Notaris niet vermeld",
"firm_city": null,
"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2026-03-16",
"filing_date": "2026-03-06",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2025-12-17",
"unanimous": true
},
"subject_company": {
"kbo": "1023.667.526",
"name_full": "Magpie",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Samuel Pine",
"org_rep_person_name": null,
"person_role_at_subject": "bestuurder"
},
"co_filed_documents": [
"Uittreksel uit de notulen van de vergadering van het bestuursorgaan"
]
}2025
27-05-2025 Incorporation of a new BV
Summary:
oprichting
Technical details
{
"kind": "oprichting",
"seat": "Turrepoortsteeg 1, 9000 Gent",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "PINE Samuel",
"niss": null,
"address": "Turrepoortsteeg 1, 9000 Gent"
},
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 10000,
"holder_person_name": "PINE Samuel",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 125000,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "PINE Kristi",
"niss": null,
"address": "Turrepoortsteeg 1, 9000 Gent"
},
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 10000,
"holder_person_name": "PINE Kristi",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 125000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 250000,
"subject_company": {
"kbo": "1023.667.526",
"name_full": "MAGPIE",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2025-05-23",
"post_incorporation_mandates": []
}Credit advice
Company registry (CBE)
Activities
Buying and selling of own real estate68110Renting and operating of own or leased residential real estate, excluding social housing68201Renting and operating of own or leased non-residential real estate, excluding land68203Activities of head offices70100Business and other management consultancy70200Other business support services82990
Names & trade names
| Legal nameNL | MAGPIE |
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