MAGWAT
The computed 12-month bankruptcy probability of MAGWAT is 1.9% (moderate). The 2024 annual accounts show equity of €310k and a net result of €18k. Its solvency ranks better than 49% of 866 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €310k |
| Net result | €18k |
| Staff (FTE) | 13.8 |
| Better than sector | 49% |
Fragile profile, watch solvency in particular.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 16.7% | 17.3% | |
| Net result | €18k | €14k | |
| Equity | €310k | €100k | |
| Gross operating margin | €458k | €213k | |
| Staff costs | €688k | €219k |
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €-264k |
| Net profit | €18k |
| Cash flow | €144k |
| Staff costs | €688k |
| Income taxes | €8k |
| Dividends | - |
| Total assets | €1.86M |
| Equity | €310k |
| Debt | €1.55M |
| of which ≤ 1y | €1.10M |
| of which > 1y | €413k |
| Working capital | €45k |
| Employees (FTE) | 13.8 |
| 2024 | |
|---|---|
| Current ratio | 1.04 |
| Quick ratio | 0.69 |
| Working capital ratio | 2.4% |
| Solvency | 16.7% |
| Debt / equity | 4.99 |
| Long-term debt ratio | 1.33 |
| Interest coverage | -3.71 |
| Gross margin | - |
| Net margin | - |
| ROA | 1.0% |
| ROE | 5.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.86M |
| Fixed assets | 21/28 | €695k |
| Formation expenses | 20 | €18k |
| Intangible fixed assets | 21 | €672k |
| Tangible fixed assets | 22/27 | €23k |
| Current assets | 29/58 | €1.14M |
| Stocks & contracts in progress | 3 | €386k |
| Amounts receivable within one year | 40/41 | €241k |
| Cash & bank | 54/58 | €515k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.86M |
| Equity | 10/15 | €310k |
| Contributions / capital | 10/11 | €275k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €33k |
| Amounts payable | 17/49 | €1.55M |
| Amounts payable after one year | 17 | €413k |
| Amounts payable within one year | 42/48 | €1.10M |
| Trade debts payable within one year | 44 | €705k |
| Income statement | ||
| Gross operating margin | 9900 | €458k |
| Operating result | 9901 | €-390k |
| Financial income | 75 | €220 |
| Financial charges | 65 | €71k |
| Result before taxes | 9903 | €27k |
| Income taxes | 67/77 | €8k |
| Net result for the period | 9904 | €18k |
| Result to be appropriated | 9905 | €18k |
| NACE primary | Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110) |
| Legal form | Public limited company(014) |
| Incorporation | 26-05-2023 |
| Status | Active |
| Postal code | 1410 |
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. |
|---|---|---|---|---|
| 25764N0872/00D000 | Wallonia | 9,463 m² | 1 · 1,793 m² | 9.4 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
20-10-2025 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": false,
"seat_change": false,
"object_change": false,
"effective_date": "2025-10-16",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0802.151.101",
"name_full": "MAGWAT",
"legal_form": "SA"
},
"signature_regime": null,
"special_mandates": [],
"governance_change": {
"admin_delegated_added": []
}
}05-01-2024 Registered office moved from Woluwe-Saint-Pierre to Waterloo
- Avenue de Tervueren 412, 1150 Woluwe-Saint-Pierre → Chaussée de Louvain 281, 1410 Waterloo
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Waterloo",
"region": "Waals",
"street": "Chauss\u00E9e de Louvain",
"country": "BE",
"postcode": "1410",
"box_number": null,
"street_number": "281"
},
"old_address": {
"city": "Woluwe-Saint-Pierre",
"region": "Vlaams",
"street": "Avenue de Tervueren",
"country": "BE",
"postcode": "1150",
"box_number": "13",
"street_number": "412"
},
"effective_date": "2023-11-23",
"evidence_quote": "L\u0027an deux mil vingt-trois, le 23 novembre \u00E0 15 heures ... d\u00E9cide de transf\u00E9rer le si\u00E8ge social. A dater de ce jour le si\u00E8ge social est \u00E9tabli Chauss\u00E9e de Louvain 281 \u00E0 1410 Waterloo; rien ne restant \u00E0 l\u0027ancienne adresse"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0802.151.101",
"name_full": "MAGWAT",
"legal_form": "SA"
}
}31-05-2023 Incorporation of a new SNC
Technical details
{
"kind": "oprichting",
"seat": "1380 Lasne, Rue de l\u0027Ancienne Gare 4 bte 2001",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1982-02-04",
"name": "DU MONCEAU de BERGENDAL Ashley Philippe-Andr\u00E9",
"niss": null,
"address": "1150 Woluwe-Saint-Pierre, Avenue des Fleurs 7"
},
"share_class": "A, B",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 275000,
"holder_person_name": "DU MONCEAU de BERGENDAL Ashley Philippe-Andr\u00E9",
"is_subscriber_only": false,
"n_shares_subscribed": 5999,
"amount_subscribed_eur": 275000,
"is_anonymous_silent_partner": false
},
{
"org": {
"kbo": "0444.175.173",
"name": "ITM BELGIUM"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "A",
"partner_role": null,
"holder_org_kbo": "0444.175.173",
"holder_org_name": "ITM BELGIUM",
"contribution_type": "cash",
"amount_paid_in_eur": 0,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 1,
"amount_subscribed_eur": 0,
"is_anonymous_silent_partner": false
},
{
"org": {
"kbo": "0742.758.989",
"name": "OURAL"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "A",
"partner_role": null,
"holder_org_kbo": "0742.758.989",
"holder_org_name": "OURAL",
"contribution_type": "cash",
"amount_paid_in_eur": 25000,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 250,
"amount_subscribed_eur": 25000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 275000,
"subject_company": {
"kbo": "0802.151.101",
"name_full": "MAGWAT",
"legal_form": "SNC"
},
"initial_directors": [],
"incorporation_date": "2023-05-25",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | MAGWAT |