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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MAGEGROUP from Wavre, company number BE0402326405, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year MAGEGROUP recorded revenue of € 361,000 and equity of € 22.2 million. Compared with financial year 2024, the result moved from € 3 million to € 1.4 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 22.2 million
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▼ 53% vs 2024
Profit after tax over the fiscal year.
€ 205,082
▲ 123% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.6 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 108,124
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 27,918
▼ 30% vs 2024
€ 12,216 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 3,299
▼ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 3 days on average.
€ 8,273
▲ € 8,223 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 283,000 | € 313,000 | € 365,500 | € 361,000 | ▼ 1% |
| Profit after taxes | € 613,750 | € 1,196,306 | € 3,003,590 | € 1,421,943 | ▼ 53% |
| Equity | € 7,122,599 | € 21,977,805 | € 23,382,696 | € 22,204,639 | ▼ 5% |
| Total debts | € 1,006,797 | € 79,913 | € 49,888 | € 1,242,441 | ▲ € 1.2 million |
| Cash | € 65,020 | € 92,657 | € 91,903 | € 205,082 | ▲ 123% |
| Retained profit | € 3,373,299 | € 4,569,605 | € 7,573,196 | € 6,395,139 | ▼ 16% |
| Dividend | € 950,000 | € 0 | € 0 | € 2,600,000 | |
| Bank debt | € 25,000 | € 51,463 | € 39,836 | € 27,918 | ▼ 30% |
| Balance sheet total | € 8,129,396 | € 22,057,719 | € 23,432,584 | € 23,447,080 |
Key figures of MAGEGROUP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MAGEGROUP?
What happened at MAGEGROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- François MAIRLOT stepped down as director. NBB
- Philippe MAIRLOT stepped down as director. NBB
- Eric DAMSEAUX stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.4 million (▼ 53% vs 2024). Source: NBB ↗
- François MAIRLOT became a director. NBB
- Philippe MAIRLOT became a director. NBB
- Eric DAMSEAUX became a director. NBB
- New establishment in Wavre. KBO
In short
From € 613,750 profit in 2022 to € 1.4 million profit in 2025.
Paid € 2,285 in corporate taxes since 2022.
Best year ever: 2024, with € 3 million profit.
Paid out € 3.6 million in dividends to the owners in total.
Management
It owns 66% of MAGEPAR itself.
Directors
According to the 2025 annual accounts
François MAIRLOT
Managing director
Also active at: Magemar, MAGETRA INTERNATIONAL, MAGEMAR INTERNATIONAL, COWATCH, FINANCIERE SAINTE - GUDULE, FRANVESCO, CURAVAC EUROPE, PALIFOR LOGISTICS +3 more
since 2022 · until 2028
Philippe MAIRLOT
Director
Also active at: MAGETRA INTERNATIONAL, MAGEMAR INTERNATIONAL, GALIPAR, be.Asia, GALIPSO, BE.CHINA, MG PARTNERSHIP
since 2022 · until 2028
Eric DAMSEAUX
Director
Also active at: Magemar, MAGETRA INTERNATIONAL, MAGEMAR INTERNATIONAL, FRANVESCO, PALIFOR LOGISTICS, RAPHélec, MAIRLINVEST, BE.CHINA +2 more
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Rue d'Angoussart 60
1301 Wavre
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →COWATCH same network
€ 66,673 revenue · 2025
FRANVESCO same network
€ 363,730 revenue · 2025
BIRDBLUE same network
€ 148,800 revenue · 2025
Fondation Maggy Barankitse
MAIRLINVEST same network
€ -102,596 gross margin · 2025
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.326.405
- VAT number
- BE 0402.326.405
- Registered office
- Rue d'Angoussart 60, 1301 Wavre
- Names & denominations
- MAGEGROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1952
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Verhuisactiviteiten
Vrachtbehandeling in zeehavens