What does MAGIS TRADING do?

MAGIS TRADING is a wholesaler in Izegem. Public Limited, started on 7 May 2002, 1 establishment.

What is the address of MAGIS TRADING?

The registered office of MAGIS TRADING is located at Trienhoekstraat 1, 8870 Izegem.

Is MAGIS TRADING still active?

Yes. According to the CBE (30 October 2026) MAGIS TRADING is active, legal situation “Normale toestand”, started on 7 May 2002.

Is MAGIS TRADING registered on Peppol?

Yes, MAGIS TRADING is registered on the Peppol network with ID 0208:0477486656.

What is the enterprise number of MAGIS TRADING?

The enterprise number of MAGIS TRADING is BE0477486656.

When was MAGIS TRADING founded?

MAGIS TRADING was founded on 7 May 2002.

Who are the directors of MAGIS TRADING?

According to the 2025 annual accounts, the directors of MAGIS TRADING are: Bragima NV.

Is MAGIS TRADING a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 May 2002; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MAGIS TRADING make in 2025?

MAGIS TRADING posted a profit after taxes of € 820,165 in financial year 2025.

What is the revenue of MAGIS TRADING?

As a small company, MAGIS TRADING is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,151,360.

How much does an employee at MAGIS TRADING earn?

The average wage cost per full-time employee at MAGIS TRADING was € 74,900 in 2025: staff costs of € 164,752 for 2.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MAGIS TRADING have?

According to the 2025 annual accounts, MAGIS TRADING has 2.2 full-time equivalents (FTE).

MAGIS TRADING (Public Limited) - Izegem - BE0477486656

Dossier MAGIS TRADING, printed on 30 October 2026 from databakkes.be/en/0477486656/magis-trading. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MAGIS TRADING from Izegem, company number BE0477486656, closed financial year 2025 with a result of € 820,165 after tax. For that financial year MAGIS TRADING recorded a gross margin of € 1.2 million and equity of € 304,924. Compared with financial year 2024, the result moved from € 526,465 to € 820,165. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.

What it is worth Growing

€ 304,924

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

Profit Growing

€ 820,165

▲ 56% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1 million

▲ € 765,689 vs 2024

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

Where the profit goes Pays out

€ 800,000 paid out

98 % of the profit went to the shareholders, mostly to BRAGIMA (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

2.2

▲ 0.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 164,752

▼ 8% vs 2024

€ 74,900 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.

Vehicles and equipment

€ 395,357

▲ 243% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 258,236

▲ € 211,011 vs 2024

€ 87,199 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 643,167

▲ 49% vs 2024

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

Taxes and wages

€ 27,996

▼ 6% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,229,657 Gross margin 2022: € 1,229,657 First fiscal year in the series	€ 776,717 Gross margin 2023: € 776,717 ▼ 37% vs 2022 (€ 1,229,657) Unfavourable step	€ 873,018 Gross margin 2024: € 873,018 ▲ 12% vs 2023 (€ 776,717) Favourable step	€ 1,151,360 Gross margin 2025: € 1,151,360 ▲ 32% vs 2024 (€ 873,018) Favourable step	▲ 32%
Profit after taxes	€ 663,553 Profit after taxes 2022: € 663,553 First fiscal year in the series	€ 338,325 Profit after taxes 2023: € 338,325 ▼ 49% vs 2022 (€ 663,553) Unfavourable step	€ 526,465 Profit after taxes 2024: € 526,465 ▲ 56% vs 2023 (€ 338,325) Favourable step	€ 820,165 Profit after taxes 2025: € 820,165 ▲ 56% vs 2024 (€ 526,465) Favourable step	▲ 56%
Equity	€ 288,332 Equity 2022: € 288,332 First fiscal year in the series	€ 296,658 Equity 2023: € 296,658 ▲ 3% vs 2022 (€ 288,332) Favourable step	€ 303,942 Equity 2024: € 303,942 ▲ 2% vs 2023 (€ 296,658) Favourable step	€ 304,924 Equity 2025: € 304,924 Unchanged (€ 303,942) Favourable step
Total debts	€ 1,332,587 Total debts 2022: € 1,332,587 First fiscal year in the series	€ 1,486,160 Total debts 2023: € 1,486,160 ▲ 12% vs 2022 (€ 1,332,587) Unfavourable step	€ 1,383,907 Total debts 2024: € 1,383,907 ▼ 7% vs 2023 (€ 1,486,160) Favourable step	€ 2,094,180 Total debts 2025: € 2,094,180 ▲ 51% vs 2024 (€ 1,383,907) Unfavourable step	▲ 51%
Cash	€ 583,340 Cash 2022: € 583,340 First fiscal year in the series	€ 694,224 Cash 2023: € 694,224 ▲ 19% vs 2022 (€ 583,340) Favourable step	€ 241,933 Cash 2024: € 241,933 ▼ 65% vs 2023 (€ 694,224) Unfavourable step	€ 1,007,623 Cash 2025: € 1,007,623 ▲ € 765,689 vs 2024 (€ 241,933) Favourable step	▲ € 765,689
Retained profit	€ 163,332 Retained profit 2022: € 163,332 First fiscal year in the series	€ 171,658 Retained profit 2023: € 171,658 ▲ 5% vs 2022 (€ 163,332) Favourable step	€ 178,942 Retained profit 2024: € 178,942 ▲ 4% vs 2023 (€ 171,658) Favourable step	€ 179,924 Retained profit 2025: € 179,924 ▲ 1% vs 2024 (€ 178,942) Favourable step	▲ 1%
Dividend	€ 650,000 Dividend 2022: € 650,000 First fiscal year in the series	€ 330,000 Dividend 2023: € 330,000 ▼ 49% vs 2022 (€ 650,000) Unchanged	€ 500,000 Dividend 2024: € 500,000 ▲ 52% vs 2023 (€ 330,000) Unchanged	€ 800,000 Dividend 2025: € 800,000 ▲ 60% vs 2024 (€ 500,000) Unchanged	▲ 60%
Bank debt	€ 64,649 Bank debt 2022: € 64,649 First fiscal year in the series	€ 26,287 Bank debt 2023: € 26,287 ▼ 59% vs 2022 (€ 64,649) Favourable step	€ 47,225 Bank debt 2024: € 47,225 ▲ 80% vs 2023 (€ 26,287) Unfavourable step	€ 258,236 Bank debt 2025: € 258,236 ▲ € 211,011 vs 2024 (€ 47,225) Unfavourable step	▲ € 211,011
Balance sheet total	€ 1,620,919 Balance sheet total 2022: € 1,620,919 First fiscal year in the series	€ 1,782,817 Balance sheet total 2023: € 1,782,817 ▲ 10% vs 2022 (€ 1,620,919) Unchanged	€ 1,687,849 Balance sheet total 2024: € 1,687,849 ▼ 5% vs 2023 (€ 1,782,817) Unchanged	€ 2,399,103 Balance sheet total 2025: € 2,399,103 ▲ 42% vs 2024 (€ 1,687,849) Unchanged	▲ 42%
Employees (FTE)	3.1 Employees (FTE) 2022: 3.1 First fiscal year in the series	2.7 Employees (FTE) 2023: 2.7 ▼ 0.4 vs 2022 (3.1) Unchanged	2.1 Employees (FTE) 2024: 2.1 ▼ 0.6 vs 2023 (2.7) Unchanged	2.2 Employees (FTE) 2025: 2.2 ▲ 0.1 vs 2024 (2.1) Unchanged	▲ 0.1

Key figures of MAGIS TRADING, 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 MAGIS TRADING?

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

2029 Bragima NV stepped down as director. NBB
Jun 25, 2026 New annual accounts for financial year 2025: profit of € 820,165 (▲ 56% vs 2024). Source: NBB ↗
2023 Bragima NV became a director. NBB
Jun 17, 2002 New establishment in Izegem. KBO
May 7, 2002 Start of the company according to the CBE. KBO

In short

From € 663,553 profit in 2022 to € 820,165 profit in 2025.

Paid € 68,668 in corporate taxes since 2022.

Best year ever: 2025, with € 820,165 profit.

On average € 523,300 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

BRAGIMA 99.6%

The stake of BRAGIMA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

MAGIS TRADING

The shares are held by BRAGIMA (99.6%).

Directors

According to the 2025 annual accounts

Bragima NV

Director · represented by Eggermont Philip

since 2023 · until 2029

Shareholders

BRAGIMA

99.6%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Trienhoekstraat 1

8870 Izegem

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

Details

Company number

0477.486.656

VAT number

BE 0477.486.656

Registered office

Trienhoekstraat 1, 8870 Izegem

Names & denominations

MAGIS TRADING

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

7 May 2002

Peppol

Active · Active since 18 Dec 2025

Contact

[email protected]

Activities · NACE

Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)

Groothandel in motorvoertuigen

Groothandel in andere motorvoertuigen (> 3,5 ton)

Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)

Detailhandel in motorvoertuigen

Groothandel in auto's en lichte bestelwagens (= 3,5 ton)

Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)

Verhuur en lease van personenauto’s en andere lichte motorvoertuigen

View on CBE Public ↗ Annual accounts (NBB) ↗

MAGIS TRADING

Financials

What happened to MAGIS TRADING?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions