Financials
Financial year 2025
MAJARO from Kortrijk, company number BE0478143979, closed financial year 2025 with a result of € -121,623 after tax. For that financial year MAJARO recorded a gross margin of € -130,751 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 15,042 to € -121,623. 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 30, 2026.
€ 1.2 million
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -121,623
▼ still € 15,042 profit in 2024
Profit after tax over the fiscal year.
€ 76,633
▲ € 63,223 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.2 million.
People and assets in 2025
€ 5,295
▼ 23% 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.
€ 6,010
▼ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,730
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -4,056 | € -16,734 | € -17,312 | € -130,751 | ▼ € 113,439 |
| Profit after taxes | € 4,301 | € -5,953 | € 15,042 | € -121,623 | ▼ € 136,665 |
| Equity | € 1,319,092 | € 1,313,139 | € 1,328,181 | € 1,206,558 | ▼ 9% |
| Total debts | € 53,743 | € 62,402 | € 31,837 | € 28,920 | ▼ 9% |
| Cash | € 35,457 | € 50,323 | € 13,410 | € 76,633 | ▲ € 63,223 |
| Land & buildings | € 44,275 | € 37,127 | € 29,980 | € 22,832 | ▼ 24% |
| Retained profit | € 1,312,892 | € 1,306,939 | € 1,321,981 | € 1,200,358 | ▼ 9% |
| Balance sheet total | € 1,372,835 | € 1,375,541 | € 1,360,018 | € 1,235,478 | ▼ 9% |
Key figures of MAJARO, 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 MAJARO?
What happened at MAJARO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 121,623 (▼ € 136,665 vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,301 profit in 2022 to € 121,623 loss in 2025.
Paid € 1,404 in corporate taxes since 2022.
Best year ever: 2024, with € 15,042 profit.
A new publication or filing at MAJARO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MAJARO is Philip Sagaert. Philip Sagaert is also behind XAPHINA and CYKELL.
Establishments
Establishment units
Physical locations of this company
Karel Vandewoestijnestraat(Mar) 23
8510 Kortrijk
Karel Vandewoestijnestraat(Mar) 2
8510 Kortrijk
Active since 23 October 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.143.979
- VAT number
- BE 0478.143.979
- Registered office
- Karel Vandewoestijnestraat(Mar) 23, 8510 Kortrijk
- Names & denominations
- MAJARO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 2002
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
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