Bankrupt · Opening faillissement (CBE)

MAGEEN

BE0867038854

Rechtspersoon Private limited company 1 establishment

MAGEEN is a bar in Bilzen-Hoeselt. Private Limited, started on 1 September 2004, 1 establishment.

Markt 6, 3740 Bilzen-Hoeselt

Start date

1 September 2004

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 3 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Tight liquidity NBB

    Cash and receivables cover 5 % of short-term debt in 2024; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

MAGEEN from Bilzen-Hoeselt, company number BE0867038854, closed financial year 2024 with a result of € -26,734 after tax. For that financial year MAGEEN recorded a gross margin of € -5,798 and equity of € -67,936. Compared with financial year 2023, the result moved from € -28,245 to € -26,734. 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 January 22, 2025.

What it is worth Caution

€ -67,936

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

Loss Caution

€ -26,734

▲ 5 % less loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 2,853

▼ 31% vs 2023

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 € -80,336.

People and assets in 2024

Wage cost

€ 17,360

▲ 27% vs 2023

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2024

Bank debt

€ 2,474

▼ 84% vs 2023

Loans from banks and other lenders, long and short.

Taxes and wages

€ 4,437

▲ 23% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202220232024Change 2023 → 2024
Gross margin € 690 € -6,539 € -5,798 ▲ € 741
Profit after taxes € -8,603 € -28,245 € -26,734 ▲ € 1,511
Equity € -68,191 € -67,936 € -67,936
Total debts € 72,619 € 86,048 € 74,040 ▼ 14%
Cash € 1,062 € 4,158 € 2,853 ▼ 31%
Land & buildings € 285 € 142 -
Retained profit € -80,591 € -80,336 € -80,336
Bank debt € 16,396 € 15,064 € 2,474 ▼ 84%
Balance sheet total € 4,428 € 18,112 € 6,103 ▼ 66%

Key figures of MAGEEN, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 January 2026.

What happened to MAGEEN?

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

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

  • New annual accounts for financial year 2024: loss of € 26,734. Source: NBB ↗
  • New establishment in Bilzen-Hoeselt. KBO
  • Start of the company according to the CBE. KBO

In short

From € 8,603 loss in 2022 to € 26,734 loss in 2024.

Establishments

Establishment units

Physical locations of this company

Registered office

Markt 6

3740 Bilzen-Hoeselt

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

Details

Company number
0867.038.854
VAT number
BE 0867.038.854
Registered office
Markt 6, 3740 Bilzen-Hoeselt
Names & denominations
MAGEEN
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
1 September 2004
Peppol
Not registered
Activities · NACE

Cafés en bars

Fastfoodzaken, snackbars, frituren en dergelijke

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Frequently asked questions

What does MAGEEN do?
MAGEEN is a bar in Bilzen-Hoeselt. Private Limited, started on 1 September 2004, 1 establishment.
What is the address of MAGEEN?
The registered office of MAGEEN is located at Markt 6, 3740 Bilzen-Hoeselt.
Is MAGEEN still active?
No. The CBE lists MAGEEN 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 MAGEEN registered on Peppol?
No, MAGEEN is currently not registered on the Peppol network.
What is the enterprise number of MAGEEN?
The enterprise number of MAGEEN is BE0867038854.
When was MAGEEN founded?
MAGEEN was founded on 1 September 2004.