What does Magreco - Invest do?

Magreco - Invest is a property company in Sint-Niklaas. Public Limited, started on 27 May 1981.

What is the address of Magreco - Invest?

The registered office of Magreco - Invest is located at Koningin Elisabethplein 22, 9100 Sint-Niklaas.

Is Magreco - Invest still active?

Yes. According to the CBE (30 October 2026) Magreco - Invest is active, legal situation “Normale toestand”, started on 27 May 1981.

Is Magreco - Invest registered on Peppol?

Yes, Magreco - Invest is registered on the Peppol network with ID 0208:0421686021.

What is the enterprise number of Magreco - Invest?

The enterprise number of Magreco - Invest is BE0421686021.

When was Magreco - Invest founded?

Magreco - Invest was founded on 27 May 1981.

Who are the directors of Magreco - Invest?

According to the 2025 annual accounts, the directors of Magreco - Invest are: Martine Cauberghe, Anthony D'Hooghe, Davina D'Hooghe.

Is Magreco - Invest a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 May 1981; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did Magreco - Invest make in 2025?

Magreco - Invest recorded a loss after taxes of € 7,425 in financial year 2025.

What is the revenue of Magreco - Invest?

As a small company, Magreco - Invest is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 124,095.

Magreco - Invest (Public Limited) - Sint-Niklaas

Dossier Magreco - Invest, printed on 30 October 2026 from databakkes.be/en/0421686021/magreco-invest. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Magreco - Invest from Sint-Niklaas, company number BE0421686021, closed financial year 2025 with a result of € -7,425 after tax. For that financial year Magreco - Invest recorded a gross margin of € 124,095 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € -15,475 to € -7,425. 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 July 8, 2026.

What it is worth Healthy

€ 1.7 million

▼ 7% vs 2024

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

Loss Caution

€ -7,425

▲ 52 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 74,670

▲ 8% vs 2024

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 € 1.4 million.

People and assets in 2025

Vehicles and equipment

€ 21,409

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 9 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 967,526

▼ 10% vs 2024

€ 103,889 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 668

▼ 42% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 3,177

▼ 11% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 653,171 Gross margin 2022: € 653,171 First fiscal year in the series	€ 230,478 Gross margin 2023: € 230,478 ▼ 65% vs 2022 (€ 653,171) Unfavourable step	€ 109,521 Gross margin 2024: € 109,521 ▼ 52% vs 2023 (€ 230,478) Unfavourable step	€ 124,095 Gross margin 2025: € 124,095 ▲ 13% vs 2024 (€ 109,521) Favourable step	▲ 13%
Profit after taxes	€ 446,941 Profit after taxes 2022: € 446,941 First fiscal year in the series	€ 122,565 Profit after taxes 2023: € 122,565 ▼ 73% vs 2022 (€ 446,941) Unfavourable step	€ -15,475 Profit after taxes 2024: € -15,475 ▼ € 138,040 vs 2023 (€ 122,565) Unfavourable step	€ -7,425 Profit after taxes 2025: € -7,425 ▲ € 8,051 vs 2024 (€ -15,475) Favourable step	▲ € 8,051
Equity	€ 1,729,582 Equity 2022: € 1,729,582 First fiscal year in the series	€ 1,852,147 Equity 2023: € 1,852,147 ▲ 7% vs 2022 (€ 1,729,582) Favourable step	€ 1,799,919 Equity 2024: € 1,799,919 ▼ 3% vs 2023 (€ 1,852,147) Unfavourable step	€ 1,678,813 Equity 2025: € 1,678,813 ▼ 7% vs 2024 (€ 1,799,919) Unfavourable step	▼ 7%
Total debts	€ 1,425,585 Total debts 2022: € 1,425,585 First fiscal year in the series	€ 1,287,334 Total debts 2023: € 1,287,334 ▼ 10% vs 2022 (€ 1,425,585) Favourable step	€ 1,294,701 Total debts 2024: € 1,294,701 ▲ 1% vs 2023 (€ 1,287,334) Unfavourable step	€ 1,292,915 Total debts 2025: € 1,292,915 Unchanged (€ 1,294,701) Favourable step
Cash	€ 622,881 Cash 2022: € 622,881 First fiscal year in the series	€ 139,608 Cash 2023: € 139,608 ▼ 78% vs 2022 (€ 622,881) Unfavourable step	€ 69,456 Cash 2024: € 69,456 ▼ 50% vs 2023 (€ 139,608) Unfavourable step	€ 74,670 Cash 2025: € 74,670 ▲ 8% vs 2024 (€ 69,456) Favourable step	▲ 8%
Land & buildings	€ 2,236,010 Land & buildings 2022: € 2,236,010 First fiscal year in the series	€ 2,154,326 Land & buildings 2023: € 2,154,326 ▼ 4% vs 2022 (€ 2,236,010) Unchanged	€ 2,869,598 Land & buildings 2024: € 2,869,598 ▲ 33% vs 2023 (€ 2,154,326) Unchanged	€ 2,784,586 Land & buildings 2025: € 2,784,586 ▼ 3% vs 2024 (€ 2,869,598) Unchanged	▼ 3%
Retained profit	€ 1,415,782 Retained profit 2022: € 1,415,782 First fiscal year in the series	€ 1,538,347 Retained profit 2023: € 1,538,347 ▲ 9% vs 2022 (€ 1,415,782) Favourable step	€ 1,486,119 Retained profit 2024: € 1,486,119 ▼ 3% vs 2023 (€ 1,538,347) Unfavourable step	€ 1,365,013 Retained profit 2025: € 1,365,013 ▼ 8% vs 2024 (€ 1,486,119) Unfavourable step	▼ 8%
Dividend	€ 38,079 Dividend 2022: € 38,079 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 38,079) Unchanged	€ 36,752 Dividend 2024: € 36,752 Unchanged (€ 0) Unchanged	€ 113,681 Dividend 2025: € 113,681 ▲ 209% vs 2024 (€ 36,752) Unchanged	▲ 209%
Bank debt	€ 1,268,524 Bank debt 2022: € 1,268,524 First fiscal year in the series	€ 1,169,630 Bank debt 2023: € 1,169,630 ▼ 8% vs 2022 (€ 1,268,524) Favourable step	€ 1,069,512 Bank debt 2024: € 1,069,512 ▼ 9% vs 2023 (€ 1,169,630) Favourable step	€ 967,526 Bank debt 2025: € 967,526 ▼ 10% vs 2024 (€ 1,069,512) Favourable step	▼ 10%
Balance sheet total	€ 3,503,339 Balance sheet total 2022: € 3,503,339 First fiscal year in the series	€ 3,515,288 Balance sheet total 2023: € 3,515,288 Unchanged (€ 3,503,339) Unchanged	€ 3,457,926 Balance sheet total 2024: € 3,457,926 ▼ 2% vs 2023 (€ 3,515,288) Unchanged	€ 3,322,533 Balance sheet total 2025: € 3,322,533 ▼ 4% vs 2024 (€ 3,457,926) Unchanged	▼ 4%

Key figures of Magreco - Invest, 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 Magreco - Invest?

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

Jul 8, 2026 New annual accounts for financial year 2025: loss of € 7,425. Source: NBB ↗
May 27, 1981 Start of the company according to the CBE. KBO

In short

From € 446,941 profit in 2022 to € 7,425 loss in 2025.

Paid € 89,728 in corporate taxes since 2022.

Best year ever: 2022, with € 446,941 profit.

Paid out € 188,512 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Martine Cauberghe Anthony D'Hooghe Davina D'Hooghe

Magreco - Invest

Emilco - Invest

Viennéco

Behind Magreco - Invest are Martine Cauberghe, Anthony D'Hooghe and Davina D'Hooghe. Anthony D'Hooghe is also behind Emilco - Invest and Viennéco.

Directors

According to the 2025 annual accounts

Martine Cauberghe

Managing director

Anthony D'Hooghe

Director

Also active at: Emilco - Invest, Viennéco

Davina D'Hooghe

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Koningin Elisabethplein 22

9100 Sint-Niklaas

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

Details

Company number

0421.686.021

VAT number

BE 0421.686.021

Registered office

Koningin Elisabethplein 22, 9100 Sint-Niklaas

Names & denominations

Magreco - Invest

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

27 May 1981

Peppol

Active · Active since 6 Feb 2026

Activities · NACE

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Verhuur van woningen, exclusief sociale woningen

View on CBE Public ↗ Annual accounts (NBB) ↗

Magreco - Invest

Warning lights

Financials

What happened to Magreco - Invest?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions