Financials
Financial year 2025
BALFROID - MAGNEE from Wellin, company number BE0452986436, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year BALFROID - MAGNEE recorded a gross margin of € 4.3 million and equity of € 11.5 million. Compared with financial year 2024, the result moved from € 1.3 million to € 1.4 million. 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 August 3, 2026.
€ 11.5 million
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▲ 7% vs 2024
Profit after tax over the fiscal year.
€ 4.3 million
▲ 163% 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 € 11.5 million.
People and assets in 2025
34.4
▲ 2.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.1 million
▲ 8% vs 2024
€ 60,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 330,182
▼ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 143,000
▼ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 388,850
▲ 101% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,823,214 | € 3,888,433 | € 4,135,203 | € 4,268,847 | ▲ 3% |
| Profit after taxes | € 1,068,724 | € 1,120,641 | € 1,286,884 | € 1,376,326 | ▲ 7% |
| Equity | € 8,302,328 | € 8,856,022 | € 10,142,906 | € 11,519,232 | ▲ 14% |
| Total debts | € 575,237 | € 1,251,209 | € 768,306 | € 629,582 | ▼ 18% |
| Cash | € 2,545,124 | € 3,424,835 | € 1,627,966 | € 4,279,394 | ▲ 163% |
| Land & buildings | € 71,918 | € 64,874 | € 73,533 | € 65,111 | ▼ 11% |
| Retained profit | € 8,283,736 | € 8,837,430 | € 10,124,314 | € 11,500,640 | ▲ 14% |
| Dividend | € 0 | € 566,946 | € 0 | € 0 | |
| Balance sheet total | € 8,877,565 | € 10,107,232 | € 10,911,212 | € 12,148,813 | ▲ 11% |
| Employees (FTE) | 33.4 | 34.6 | 32.2 | 34.4 | ▲ 2.2 |
Key figures of BALFROID - MAGNEE, 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 BALFROID - MAGNEE?
What happened at BALFROID - MAGNEE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.4 million (▲ 7% vs 2024). filed late Source: NBB ↗
- New establishment in Wellin. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.1 million profit in 2022 to € 1.4 million profit in 2025.
Paid € 2.2 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.4 million profit.
On average € 124,100 of value added per employee in 2025.
Management
Behind BALFROID - MAGNEE is Damien BALFROID. Damien BALFROID is also behind BALFROID IMMOCONSTRUCTIONS and GESVESENIOR.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue Jean Meunier,Halma 10
6922 Wellin
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0452.986.436
- VAT number
- BE 0452.986.436
- Registered office
- Rue Jean Meunier,Halma 10, 6922 Wellin
- Names & denominations
- BALFROID - MAGNEE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 1994
- Peppol
- Active · Active since 26 Jan 2026
- Contact
- balfroid-magnee.be
- Activities · NACE
Bouwen van individuele huizen
Algemene bouw van residentiële gebouwen
Installatie van isolatie
Dakwerkzaamheden
Schrijnwerk
Isolatiewerkzaamheden
Schrijnwerk van hout of van kunststof
Dakbedekking en bouw van dakconstructies