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 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAG ACTIVITIES from Ath, company number BE0426058939, closed financial year 2025 with a result of € 73,740 after tax. For that financial year MAG ACTIVITIES recorded a gross margin of € 172,102 and equity of € 777,029. Compared with financial year 2024, the result moved from € -62,507 to € 73,740. Profitable, and profit is growing. 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 May 20, 2026.
€ 777,029
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 73,740
▲ still € 62,507 loss in 2024
Profit after tax over the fiscal year.
€ 16,150
▼ 64% 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 € 300,088.
Debts at end 2025
€ 161,776
▼ 26% vs 2024
€ 9,260 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 8,155
▼ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,629
▲ 22% 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 | € 38,271 | € 26,164 | € 38,214 | € 172,102 | ▲ € 133,889 |
| Profit after taxes | € -25,906 | € -37,784 | € -62,507 | € 73,740 | ▲ € 136,247 |
| Equity | € 803,581 | € 765,796 | € 703,289 | € 777,029 | ▲ 10% |
| Total debts | € 247,250 | € 482,519 | € 613,945 | € 506,807 | ▼ 17% |
| Cash | € 164,121 | € 20,250 | € 44,645 | € 16,150 | ▼ 64% |
| Land & buildings | € 769,626 | € 1,105,943 | € 1,185,170 | € 1,125,541 | ▼ 5% |
| Retained profit | € 326,640 | € 288,855 | € 226,348 | € 300,088 | ▲ 33% |
| Bank debt | € 0 | € 126,506 | € 219,657 | € 161,776 | ▼ 26% |
| Balance sheet total | € 1,086,794 | € 1,282,398 | € 1,349,438 | € 1,314,161 | ▼ 3% |
Key figures of MAG ACTIVITIES, 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 MAG ACTIVITIES?
What happened at MAG ACTIVITIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 73,740. Source: NBB ↗
- Benoit COSSEE de MAULDE became a director. NBB
- Grégory WINDERS became a director. NBB
- Marc WINDERS became a director. NBB
- New establishment in Ath. KBO
- Start of the company according to the CBE. KBO
In short
From € 25,906 loss in 2022 to € 73,740 profit in 2025.
Best year ever: 2025, with € 73,740 profit.
Management
Behind MAG ACTIVITIES are Benoit COSSEE de MAULDE, Grégory WINDERS and Marc WINDERS. Marc WINDERS is also behind Immobilière Terres et bois de la Catoire and Immobilière Saint Martin.
Directors
According to the 2025 annual accounts
Benoit COSSEE de MAULDE
Director
since 2025
Grégory WINDERS
Director
since 2025
Marc WINDERS
Managing director
Also active at: Immobilière Terres et bois de la Catoire, Immobilière Saint Martin
since 2025
Establishments
Establishment units
Physical locations of this company
Chemin du Stoquoi(M.E) 2 box A
7822 Ath
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.058.939
- VAT number
- BE 0426.058.939
- Registered office
- Chemin du Stoquoi(M.E) 2 bus A, 7822 Ath
- Names & denominations
- MAG ACTIVITIES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 1983
- Peppol
- Active · Active since 14 Oct 2025
- Activities · NACE
Teelt van andere granen dan rijst, en van peulgewassen en oliehoudende zaden
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen