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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
MAGILAN from Morlanwelz, company number BE0420041375, closed financial year 2025 with a result of € -37,972 after tax. For that financial year MAGILAN recorded a gross margin of € 47,017 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € -47,931 to € -37,972. The company made a loss. 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 August 31, 2026.
€ 1.6 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -37,972
▲ 21 % less loss than in 2024
Profit after tax over the fiscal year.
€ 22,410
▼ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.5 million.
People and assets in 2025
€ 132
▼ 98% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 176,564
▼ 16% vs 2024
€ 29,025 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 1,442
▲ 111% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 20,364 | € 31,949 | € 31,613 | € 47,017 | ▲ 49% |
| Profit after taxes | € -48,747 | € -37,029 | € -47,931 | € -37,972 | ▲ € 9,959 |
| Equity | € 1,749,941 | € 1,712,912 | € 1,664,981 | € 1,627,009 | ▼ 2% |
| Total debts | € 262,048 | € 248,678 | € 212,943 | € 178,006 | ▼ 16% |
| Cash | € 403,579 | € 352,126 | € 44,160 | € 22,410 | ▼ 49% |
| Land & buildings | € 986,667 | € 1,247,151 | € 1,238,427 | € 1,189,150 | ▼ 4% |
| Retained profit | € 1,649,941 | € 1,602,912 | € 1,554,981 | € 1,517,009 | ▼ 2% |
| Bank debt | € 259,143 | € 244,642 | € 210,071 | € 176,564 | ▼ 16% |
| Balance sheet total | € 2,131,538 | € 2,074,901 | € 1,985,476 | € 1,906,854 | ▼ 4% |
Key figures of MAGILAN, 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 MAGILAN?
What happened at MAGILAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 37,972. filed late Source: NBB ↗
- New establishment in Morlanwelz. KBO
- Start of the company according to the CBE. KBO
In short
From € 48,747 loss in 2022 to € 37,972 loss in 2025.
Paid € 6,560 in corporate taxes since 2022.
Management
Behind MAGILAN are Marianne DE BODT and Bernard SNOECK.
Directors
According to the 2025 annual accounts
Marianne DE BODT
Director
Bernard SNOECK
Director
Establishments
Establishment units
Physical locations of this company
Rue Ernest Solvay(CAR) 66
7141 Morlanwelz
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0420.041.375
- VAT number
- BE 0420.041.375
- Registered office
- Rue Ernest Solvay(CAR) 66, 7141 Morlanwelz
- Names & denominations
- MAGILAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 1980
- Peppol
- Active · Active since 4 Sept 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Overige fiscale dienstverlening
Boekhouders en boekhouders-fiscalisten