Bankrupt · Opening faillissement (CBE)

MAGMI

BE0848591137

Rechtspersoon Private limited company 1 establishment

MAGMI is a repair service in Elsene. Private Limited, started on 11 September 2012, 1 establishment.

Louizalaan 32A, 1050 Elsene [email protected]

Start date

11 September 2012

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 2 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2021 and 2022.

  • Late annual account NBB

    Fiscal year 2022 was filed 554 days after the legal deadline.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

MAGMI from Elsene, company number BE0848591137, closed financial year 2022 with a result of € -38,868 after tax. For that financial year MAGMI recorded a gross margin of € 294,313 and equity of € -141,924. Compared with financial year 2021, the result moved from € -176,249 to € -38,868. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 4, 2025.

What it is worth Caution

€ -141,924

▼ € 38,868 vs 2021

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -38,868

▲ 78 % less loss than in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 33,565

▼ 53% vs 2021

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -160,524.

People and assets in 2022

Full-time equivalents

5.1

▼ 7 vs 2021

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 263,411

▼ 55% vs 2021

€ 51,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 21,464

▲ 125% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 629,034

▲ 193% vs 2021

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 541,494

▼ 13% vs 2021

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202020212022Change 2021 → 2022
Revenue € 947,317 - -
Gross margin € 446,879 € 430,524 € 294,313 ▼ 32%
Profit after taxes € 86,823 € -176,249 € -38,868 ▲ € 137,381
Equity € 73,193 € -103,056 € -141,924 ▼ € 38,868
Total debts € 666,771 € 834,895 € 1,170,528 ▲ 40%
Cash € 72,670 € 72,157 € 33,565 ▼ 53%
Retained profit € 54,593 € -121,656 € -160,524 ▼ € 38,868
Balance sheet total € 739,964 € 731,839 € 1,028,604 ▲ 41%
Employees (FTE) 10.3 12.1 5.1 ▼ 7

Key figures of MAGMI, fiscal years 2020 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to MAGMI?

What happened at MAGMI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

MAGMI is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: loss of € 38,868. filed late Source: NBB ↗
  • New establishment in Grez-Doiceau. KBO
  • Start of the company according to the CBE. KBO

In short

From € 86,823 profit in 2020 to € 38,868 loss in 2022.

Best year ever: 2020, with € 86,823 profit.

On average € 57,700 of value added per employee in 2022.

Establishments

Establishment units

Physical locations of this company

Registered office

Louizalaan 32A

1050 Elsene

2.313.794.349

Chaussée de Wavre 455

1390 Grez-Doiceau

Active since 1 June 2019

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0848.591.137
VAT number
BE 0848.591.137
Registered office
Louizalaan 32A, 1050 Elsene
Names & denominations
MAGMI
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
11 September 2012
Peppol
Not registered
Activities · NACE

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)

Frequently asked questions

What does MAGMI do?
MAGMI is a repair service in Elsene. Private Limited, started on 11 September 2012, 1 establishment.
What is the address of MAGMI?
The registered office of MAGMI is located at Louizalaan 32A, 1050 Elsene.
Is MAGMI still active?
No. The CBE lists MAGMI with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is MAGMI registered on Peppol?
No, MAGMI is currently not registered on the Peppol network.
What is the enterprise number of MAGMI?
The enterprise number of MAGMI is BE0848591137.
When was MAGMI founded?
MAGMI was founded on 11 September 2012.