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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
MAGEST from Quévy, company number BE0476323448, closed financial year 2026 with a result of € -64,819 after tax. For that financial year MAGEST recorded a gross margin of € -11,160 and equity of € -46,725. Compared with financial year 2025, the result moved from € -27,405 to € -64,819. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 1, 2026.
€ -46,725
▼ € 64,819 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -64,819
▼ 137 % more loss than in 2025
Profit after tax over the fiscal year.
€ 661
▼ 68% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -542,325.
Debts at end 2026
€ 17,935
▼ 54% vs 2025
Loans from banks and other lenders, long and short.
€ 92
▼ 87% vs 2025
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 23,784 | € 17,693 | € 11,885 | € -11,160 | ▼ € 23,045 |
| Profit after taxes | € -8,631 | € -8,665 | € -27,405 | € -64,819 | ▼ € 37,414 |
| Equity | € 54,164 | € 45,499 | € 18,094 | € -46,725 | ▼ € 64,819 |
| Total debts | € 325,266 | € 348,408 | € 345,823 | € 362,091 | ▲ 5% |
| Cash | € 144 | € 705 | € 2,047 | € 661 | ▼ 68% |
| Land & buildings | € 182,159 | € 199,405 | € 180,624 | € 161,844 | ▼ 10% |
| Retained profit | € -441,436 | € -450,101 | € -477,506 | € -542,325 | ▼ € 64,819 |
| Bank debt | € 80,124 | € 59,801 | € 39,073 | € 17,935 | ▼ 54% |
| Balance sheet total | € 379,430 | € 393,907 | € 363,917 | € 315,366 | ▼ 13% |
Key figures of MAGEST, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to MAGEST?
What happened at MAGEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ERIC GUYOT stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 64,819. Source: NBB ↗
- ERIC GUYOT became a director. NBB
- New establishment in Quévy. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,631 loss in 2023 to € 64,819 loss in 2026.
Management
The stake of SENIORIMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MAGESTThe shares are held by SENIORIMMO (100%).
Directors
According to the 2026 annual accounts
ERIC GUYOT
Director
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Grande(GEN) 5A
7040 Quévy
Rue Grande(GEN) 5 A
7040 Quévy
Active since 21 February 2002
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.323.448
- VAT number
- BE 0476.323.448
- Registered office
- Rue Grande(GEN) 5A, 7040 Quévy
- Names & denominations
- MAGEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 2001
- Peppol
- Active · Active since 14 Jan 2026