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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MAGELEIN from Merelbeke-Melle, company number BE0434710646, closed financial year 2025 with a result of € -26,059 after tax. For that financial year MAGELEIN recorded a gross margin of € 48,048 and equity of € 3.3 million. Compared with financial year 2024, the result moved from € -55,827 to € -26,059. 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 17, 2026.
€ 3.3 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -26,059
▲ 53 % less loss than in 2024
Profit after tax over the fiscal year.
€ 98,745
▲ 144% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -224,140.
People and assets in 2025
€ 5,454
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 32,584 | € 40,704 | € 22,100 | € 48,048 | ▲ 117% |
| Profit after taxes | € -32,898 | € -62,892 | € -55,827 | € -26,059 | ▲ € 29,767 |
| Equity | € 3,691,800 | € 3,377,746 | € 3,321,920 | € 3,295,860 | ▼ 1% |
| Total debts | € 117,145 | € 33,957 | € 33,024 | € 32,650 | ▼ 1% |
| Cash | € 231,832 | € 200,133 | € 40,478 | € 98,745 | ▲ 144% |
| Land & buildings | € 2,465,390 | € 2,376,321 | € 2,287,251 | € 2,198,182 | ▼ 4% |
| Retained profit | € -79,362 | € -142,254 | € -198,080 | € -224,140 | ▼ € 26,059 |
| Balance sheet total | € 3,808,945 | € 3,411,703 | € 3,354,943 | € 3,328,510 | ▼ 1% |
Key figures of MAGELEIN, 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 MAGELEIN?
What happened at MAGELEIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 26,059. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,898 loss in 2022 to € 26,059 loss in 2025.
Establishments
Establishment units
Physical locations of this company
Merelbekestraat 13
9090 Merelbeke-Melle
Mageleinstraat 68
9000 Gent
Active since 11 August 1988
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0434.710.646
- VAT number
- BE 0434.710.646
- Registered office
- Merelbekestraat 13, 9090 Merelbeke-Melle
- Names & denominations
- MAGELEIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 June 1988
- Peppol
- Not registered