Warning lights
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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Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Les Entreprises Magerat et Compagnie from Wellin, company number BE0404366571, closed financial year 2025 with a result of € 276,739 after tax. For that financial year Les Entreprises Magerat et Compagnie recorded a gross margin of € 1.8 million and equity of € 354,223. Compared with financial year 2024, the result moved from € -344,708 to € 276,739. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 16, 2025.
€ 354,223
▲ € 275,177 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 276,739
▲ still € 344,708 loss in 2024
Profit after tax over the fiscal year.
€ 204
▲ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 48,223.
People and assets in 2025
21.3
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
€ 58,100 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.
€ 416,737
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.6 million
▼ 27% vs 2024
€ 224,858 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 831,829
▲ 251% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 62,111
▲ 4% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,328,572 | € 1,397,564 | € 1,174,090 | € 1,807,836 | ▲ 54% |
| Profit after taxes | € 8,877 | € -30,215 | € -344,708 | € 276,739 | ▲ € 621,448 |
| Equity | € 457,102 | € 425,317 | € 79,046 | € 354,223 | ▲ € 275,177 |
| Total debts | € 1,993,435 | € 2,528,804 | € 2,522,806 | € 2,510,774 | |
| Cash | € 827 | € 71 | € 159 | € 204 | ▲ 28% |
| Land & buildings | € 322,729 | € 269,388 | € 216,047 | € 165,588 | ▼ 23% |
| Retained profit | € 146,407 | € 116,192 | € -228,516 | € 48,223 | ▲ € 276,739 |
| Bank debt | € 1,415,627 | € 1,994,190 | € 2,225,933 | € 1,616,834 | ▼ 27% |
| Balance sheet total | € 2,450,537 | € 2,954,120 | € 2,601,851 | € 2,864,997 | ▲ 10% |
| Employees (FTE) | - | 21.1 | 22.3 | 21.3 | ▼ 1 |
Key figures of Les Entreprises Magerat et Compagnie, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Les Entreprises Magerat et Compagnie?
What happened at Les Entreprises Magerat et Compagnie in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 276,739. Source: NBB ↗
- MCA Management SRL stepped down as director. NBB
- Mathieu Holding SA stepped down as director. NBB
- MCA Management SRL became a director. NBB
- Mathieu Holding SA became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Wellin. KBO
In short
From € 8,877 profit in 2022 to € 276,739 profit in 2025.
Paid € 1,492 in corporate taxes since 2022.
Best year ever: 2025, with € 276,739 profit.
On average € 84,900 of value added per employee in 2025.
Management
The stake of MATHIEU HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Les Entreprises Magerat et CompagnieThe shares are held by MATHIEU HOLDING (100%).
Directors
According to the 2025 annual accounts
Director · represented by Caroline Mathieu
Also active at: FAMENNE - BETONS, Concassage, Forage, Criblage, SABEMA, Entreprises MATHIEU, Transports, Garages et Entrepôts, FRECAMAT, JOSMAT, MATHIEU HOLDING
since 2017 · until 2025
Managing director · represented by Frédéric Mathieu
Also active at: CARRIERES DE PREALLE, FAMENNE - BETONS, Concassage, Forage, Criblage, SABEMA, Entreprises MATHIEU, Transports, Garages et Entrepôts, FRECAMAT, JOSMAT
since 2017 · until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Paul-Dubois 58
6920 Wellin
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0404.366.571
- VAT number
- BE 0404.366.571
- Registered office
- Rue Paul-Dubois 58, 6920 Wellin
- Names & denominations
- Les Entreprises Magerat et Compagnie
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 29 Sept 2025
- Activities · NACE
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