Financials
Financial year 2025
MAGAN from Tongeren-Borgloon, company number BE0434411926, closed financial year 2025 with a result of € -24,449 after tax. For that financial year MAGAN recorded a gross margin of € 83,841 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 24,825 to € -24,449. 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 June 5, 2026.
€ 1.2 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -24,449
▼ still € 24,825 profit in 2024
Profit after tax over the fiscal year.
€ 5,282
▼ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.1 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,303
▼ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,713
▲ 50% 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 | € 656,486 | € 797,375 | € 121,086 | € 83,841 | ▼ 31% |
| Profit after taxes | € 459,688 | € 540,342 | € 24,825 | € -24,449 | ▼ € 49,274 |
| Equity | € 1,035,284 | € 1,219,523 | € 1,244,349 | € 1,219,900 | ▼ 2% |
| Total debts | € 330,301 | € 10,467 | € 22,979 | € 7,515 | ▼ 67% |
| Cash | € 36,387 | € 9,975 | € 11,632 | € 5,282 | ▼ 55% |
| Land & buildings | € 1,294,976 | € 781,700 | € 1,028,811 | € 973,493 | ▼ 5% |
| Retained profit | € 604,182 | € 1,144,523 | € 1,169,349 | € 1,144,900 | ▼ 2% |
| Balance sheet total | € 1,377,423 | € 1,299,939 | € 1,330,266 | € 1,282,818 | ▼ 4% |
Key figures of MAGAN, 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 MAGAN?
What happened at MAGAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 24,449 (▼ € 49,274 vs 2024). Source: NBB ↗
- Evanco BV became a director. NBB
- Beheer Company Verbakel BV became a director. NBB
- New establishment in Tongeren-Borgloon. KBO
- Start of the company according to the CBE. KBO
In short
From € 459,688 profit in 2022 to € 24,449 loss in 2025.
Paid € 175,389 in corporate taxes since 2022.
Best year ever: 2023, with € 540,342 profit.
Management
The stake of BEHEER COMPANY VERBAKEL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MAGANBehind MAGAN are Evanco BV and Beheer Company Verbakel BV. The shares are held by BEHEER COMPANY VERBAKEL (100%).
Directors
According to the 2025 annual accounts
Director · represented by Cornelius Verbakel
Also active at: IMMO ED & CO, VERBAKEL ENGINEERING EN BOUW
since 2023
Director · represented by Cornelius Verbakel
Also active at: EVANCO, IMMO ED & CO, VERBAKEL ENGINEERING EN BOUW
since 2023
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leemzaal 25
3840 Tongeren-Borgloon
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →EVANCO same network
€ 129,033 gross margin · 2025
VERBAKEL ENGINEERING EN BOUW same network
€ -43,859 gross margin · 2025
Veerle Verbakel Creative Consultancy & Management
€ -1,333 gross margin · 2025
Verbakel BTW-eenheid
MDC Invest
€ -13,047 gross margin · 2025
+3 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
- 0434.411.926
- VAT number
- BE 0434.411.926
- Registered office
- Leemzaal 25, 3840 Tongeren-Borgloon
- Names & denominations
- MAGAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 May 1988
- Peppol
- Active · Active since 29 Mar 2025
- Activities · NACE
Handel in eigen onroerend goed
Activiteiten van holdings
Holdings