Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAG'C from Sint-Martens-Latem, company number BE0479337970, closed financial year 2025 with a result of € 4,570 after tax. For that financial year MAG'C recorded a gross margin of € 114,300 and equity of € 162,071. Compared with financial year 2024, the result moved from € 20,119 to € 4,570. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 162,071
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,570
▼ 77% vs 2024
Profit after tax over the fiscal year.
€ 41,156
▲ 120% 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 € 137,081.
People and assets in 2025
€ 60,020
▲ 4% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 9,833
▼ 58% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 244,587
▼ 9% vs 2024
€ 24,714 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 10,325
▲ 187% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,093
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 123,190 | € 116,798 | € 133,389 | € 114,300 | ▼ 14% |
| Profit after taxes | € 22,619 | € 8,060 | € 20,119 | € 4,570 | ▼ 77% |
| Equity | € 129,322 | € 137,382 | € 157,502 | € 162,071 | ▲ 3% |
| Total debts | € 437,564 | € 539,087 | € 498,026 | € 479,828 | ▼ 4% |
| Cash | € 29,266 | € 23,751 | € 18,707 | € 41,156 | ▲ 120% |
| Land & buildings | € 364,637 | € 564,717 | € 543,593 | € 520,478 | ▼ 4% |
| Retained profit | € 104,332 | € 112,392 | € 132,512 | € 137,081 | ▲ 3% |
| Bank debt | € 327,683 | € 299,274 | € 268,951 | € 244,587 | ▼ 9% |
| Balance sheet total | € 566,886 | € 676,469 | € 655,528 | € 641,899 | ▼ 2% |
Key figures of MAG'C, 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 October 2026.
What happened to MAG'C?
What happened at MAG'C in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,570 (▼ 77% vs 2024). Source: NBB ↗
- Gaétan Van Praet became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,619 profit in 2022 to € 4,570 profit in 2025.
Paid € 23,254 in corporate taxes since 2022.
Best year ever: 2022, with € 22,619 profit.
A new publication or filing at MAG'C? 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 MAG'C is Gaétan Van Praet. Gaétan Van Praet is also behind DIRAME ORTHO, LAUNCHPAD EUROPE and B&O.
Directors
According to the 2025 annual accounts
since 2021
Establishments
Establishment units
Physical locations of this company
Mortelputstraat 45
9830 Sint-Martens-Latem
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
- 0479.337.970
- VAT number
- BE 0479.337.970
- Registered office
- Mortelputstraat 45, 9830 Sint-Martens-Latem
- Names & denominations
- MAG'C
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 January 2003
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van medische en tandheelkundige instrumenten en benodigdheden
Vervaardiging van elektrische apparaten voor de geneeskunde, de tandheelkunde en de veeartsenijkunde
Groothandel in farmaceutische en medische artikelen
Detailhandel in medische en orthopedische artikelen, muv corrigerende brillen, lenzen en zonnebrillen
Vervaardiging van orthopedische artikelen en prothesen
Groothandel in farmaceutische producten
Vervaardiging van niet-elektrische apparaten en instrumenten voor de geneeskunde, de tandheelkunde en de veeartsenijkunde
Detailhandel in medische en orthopedische artikelen
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