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 56 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
21 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MAGELLAN PARTNERS from Vorst, company number BE0421456486, closed financial year 2025 with a result of € 33,844 after tax. For that financial year MAGELLAN PARTNERS recorded a gross margin of € 47,074 and equity of € 297,189. Compared with financial year 2024, the result moved from € 43,908 to € 33,844. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 11, 2026.
€ 297,189
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 33,844
▼ 23% vs 2024
Profit after tax over the fiscal year.
€ 51,948
▲ 129% 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 € 135,189.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 51,843
▲ € 46,007 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 39,557
▲ 125% 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 | |
|---|---|---|---|---|---|
| Gross margin | € 35,203 | € 37,796 | € 56,295 | € 47,074 | ▼ 16% |
| Profit after taxes | € 1,571 | € 11,251 | € 43,908 | € 33,844 | ▼ 23% |
| Equity | € 208,187 | € 219,437 | € 263,345 | € 297,189 | ▲ 13% |
| Total debts | € 251,614 | € 326,763 | € 455,092 | € 105,493 | ▼ 77% |
| Cash | € 11,040 | € 6,324 | € 22,663 | € 51,948 | ▲ 129% |
| Retained profit | € 46,187 | € 57,437 | € 101,345 | € 135,189 | ▲ 33% |
| Balance sheet total | € 459,801 | € 546,200 | € 718,438 | € 402,682 | ▼ 44% |
Key figures of MAGELLAN PARTNERS, 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 MAGELLAN PARTNERS?
What happened at MAGELLAN PARTNERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 33,844 (▼ 23% vs 2024). filed late Source: NBB ↗
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,571 profit in 2022 to € 33,844 profit in 2025.
Paid € 44,678 in corporate taxes since 2022.
Best year ever: 2024, with € 43,908 profit.
Establishments
Establishment units
Physical locations of this company
Pierre Decosterstraat 96
1190 Vorst
Edith Cavellstraat 167
1180 Ukkel
Active since 15 April 1981
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 21 companies are registered at this address.
All companies at this address →Socavi
Easytel
€ 39,854 gross margin · 2024
PROJECT 21
€ 76,217 gross margin · 2025
INSIS AND T
€ 46,994 gross margin · 2025
C@RLITO'S WAY
€ -14,642 gross margin · 2025
+16 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
- 0421.456.486
- VAT number
- BE 0421.456.486
- Registered office
- Pierre Decosterstraat 96, 1190 Vorst
- Names & denominations
- MAGELLAN PARTNERS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 March 1981
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
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