MAGO is a wholesaler in Asse. Private Limited, started on 4 July 1991, 1 establishment.

What is the address of MAGO?

The registered office of MAGO is located at Huinegem 24 A, 1730 Asse.

Is MAGO still active?

Yes. According to the CBE (29 October 2026) MAGO is active, legal situation “Normale toestand”, started on 4 July 1991.

Is MAGO registered on Peppol?

Yes, MAGO is registered on the Peppol network with ID 0208:0444650671.

What is the enterprise number of MAGO?

The enterprise number of MAGO is BE0444650671.

When was MAGO founded?

MAGO was founded on 4 July 1991.

Who are the directors of MAGO?

According to the 2024 annual accounts, the directors of MAGO are: Giuliano Maglione.

Is MAGO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 July 1991; 3 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did MAGO make in 2024?

MAGO posted a profit after taxes of € 6,265 in financial year 2024.

What is the revenue of MAGO?

As a small company, MAGO is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 44,545.

MAGO (Private Limited) - Asse - BE0444650671

Dossier MAGO, printed on 29 October 2026 from databakkes.be/en/0444650671/mago. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2024

MAGO from Asse, company number BE0444650671, closed financial year 2024 with a result of € 6,265 after tax. For that financial year MAGO recorded a gross margin of € 44,545 and equity of € 229,489. Compared with financial year 2023, the result moved from € 2,247 to € 6,265. 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 October 31, 2025.

What it is worth Growing

€ 229,489

▲ 3% vs 2023

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

Profit Growing

€ 6,265

▲ 179% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 31,800

▲ 23% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 210,889.

People and assets in 2024

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost estimate Staff cost at a one-person company Staff Only people on the payroll count here.€ 124 Likely the director’s social contribution or pension premium.The director’s pay Already netted into the gross margin, not shown separately in the accounts. Typical for one-person companies € 45,000 gross per year minimum for the reduced tax rate≈ € 2,100 net per month after contributions, tax and usually some benefits in kind, roughly Assumption based on the chart of accounts, not a figure from the source.

€ 124

▼ 96% vs 2023

No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.

Debts at end 2024

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 71,132

▼ 19% vs 2023

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

Taxes

€ 21,665

▲ 19% vs 2023

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	Change 2023 → 2024
Gross margin	€ 55,009 Gross margin 2022: € 55,009 First fiscal year in the series	€ 6,708 Gross margin 2023: € 6,708 ▼ 88% vs 2022 (€ 55,009) Unfavourable step	€ 44,545 Gross margin 2024: € 44,545 ▲ € 37,838 vs 2023 (€ 6,708) Favourable step	▲ € 37,838
Profit after taxes	€ -3,070 Profit after taxes 2022: € -3,070 First fiscal year in the series	€ 2,247 Profit after taxes 2023: € 2,247 ▲ € 5,317 vs 2022 (€ -3,070) Favourable step	€ 6,265 Profit after taxes 2024: € 6,265 ▲ 179% vs 2023 (€ 2,247) Favourable step	▲ 179%
Equity	€ 220,976 Equity 2022: € 220,976 First fiscal year in the series	€ 223,224 Equity 2023: € 223,224 ▲ 1% vs 2022 (€ 220,976) Favourable step	€ 229,489 Equity 2024: € 229,489 ▲ 3% vs 2023 (€ 223,224) Favourable step	▲ 3%
Total debts	€ 323,510 Total debts 2022: € 323,510 First fiscal year in the series	€ 124,539 Total debts 2023: € 124,539 ▼ 62% vs 2022 (€ 323,510) Favourable step	€ 118,215 Total debts 2024: € 118,215 ▼ 5% vs 2023 (€ 124,539) Favourable step	▼ 5%
Cash	€ 27,233 Cash 2022: € 27,233 First fiscal year in the series	€ 25,753 Cash 2023: € 25,753 ▼ 5% vs 2022 (€ 27,233) Unfavourable step	€ 31,800 Cash 2024: € 31,800 ▲ 23% vs 2023 (€ 25,753) Favourable step	▲ 23%
Retained profit	€ 202,376 Retained profit 2022: € 202,376 First fiscal year in the series	€ 204,624 Retained profit 2023: € 204,624 ▲ 1% vs 2022 (€ 202,376) Favourable step	€ 210,889 Retained profit 2024: € 210,889 ▲ 3% vs 2023 (€ 204,624) Favourable step	▲ 3%
Bank debt	€ 1,258 Bank debt 2022: € 1,258 First fiscal year in the series	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 1,258) Favourable step	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 544,487 Balance sheet total 2022: € 544,487 First fiscal year in the series	€ 347,763 Balance sheet total 2023: € 347,763 ▼ 36% vs 2022 (€ 544,487) Unchanged	€ 347,705 Balance sheet total 2024: € 347,705 Unchanged (€ 347,763) Unchanged

Key figures of MAGO, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to MAGO?

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

Oct 31, 2025 New annual accounts for financial year 2024: profit of € 6,265 (▲ 179% vs 2023). filed late Source: NBB ↗
Feb 14, 1992 New establishment in Asse. KBO
Jul 4, 1991 Start of the company according to the CBE. KBO

In short

From € 3,070 loss in 2022 to € 6,265 profit in 2024.

Paid € 38,554 in corporate taxes since 2022.

Best year ever: 2024, with € 6,265 profit.

Original PDFs at the National Bank ↗

Management

Giuliano Maglione

MAGO

Behind MAGO is Giuliano Maglione.

Directors

According to the 2024 annual accounts

Giuliano Maglione

Manager

Establishments

Establishment units

Physical locations of this company

Registered office

Huinegem 24 A

1730 Asse

2.056.183.333

Huinegem 24A

1730 Asse

Active since 14 February 1992

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

Details

Company number

0444.650.671

VAT number

BE 0444.650.671

Registered office

Huinegem 24 A, 1730 Asse

Names & denominations

MAGO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

4 July 1991

Peppol

Active · Active since 21 Dec 2025

Activities · NACE

Niet-gespecialiseerde groothandel in niet-diepgevroren voedingsmiddelen, dranken en genotmiddelen

Groothandel in andere voedingsmiddelen, neg

View on CBE Public ↗ Annual accounts (NBB) ↗

MAGO

Financials

What happened to MAGO?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions