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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MAGFORCE ET CONSTRUCTION from Etterbeek, company number BE0552914054, closed financial year 2025 with a result of € -18,846 after tax. For that financial year MAGFORCE ET CONSTRUCTION recorded a gross margin of € 23,649 and equity of € -2.2 million. Compared with financial year 2024, the result moved from € -1.1 million to € -18,846. 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 August 26, 2026.
€ -2.2 million
▼ € 18,846 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,846
▲ 98 % less loss than in 2024
Profit after tax over the fiscal year.
€ 948
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.2 million.
People and assets in 2025
€ 40,000
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 141,047
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 97,764 | € 347,519 | € 18,911 | € 23,649 | ▲ 25% |
| Profit after taxes | € -125,022 | € 39,989 | € -1,110,381 | € -18,846 | ▲ € 1.1 million |
| Equity | € -1,073,775 | € -1,033,785 | € -2,144,166 | € -2,163,012 | ▼ € 18,846 |
| Total debts | € 6,493,347 | € 4,549,709 | € 3,355,569 | € 3,362,585 | |
| Cash | € 583 | € 583 | - | € 948 | |
| Land & buildings | € 5,449,714 | € 1,144,975 | € 1,117,266 | € 1,089,557 | ▼ 2% |
| Retained profit | € -1,135,775 | € -1,095,785 | € -2,206,166 | € -2,225,012 | ▼ € 18,846 |
| Bank debt | € 2,277,179 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 8,843,808 | € 6,876,455 | € 1,211,403 | € 1,199,572 | ▼ 1% |
Key figures of MAGFORCE ET CONSTRUCTION, 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 MAGFORCE ET CONSTRUCTION?
What happened at MAGFORCE ET CONSTRUCTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18,846. filed late Source: NBB ↗
- CHRISTIAN CHAMPEAUX became a director. NBB
- JEAN-LUC HEUZER became a director. NBB
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 125,022 loss in 2022 to € 18,846 loss in 2025.
Best year ever: 2023, with € 39,989 profit.
A new publication or filing at MAGFORCE ET CONSTRUCTION? 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 MAGFORCE ET CONSTRUCTION are CHRISTIAN CHAMPEAUX and JEAN-LUC HEUZER. It owns 99% of MAGFORCE BE itself.
Directors
According to the 2025 annual accounts
CHRISTIAN CHAMPEAUX
Director
Also active at: COMPAGNIE FINANCIERE DES PALAIS D'OUTRE-PONTS, BUSINESS MEDICAL CENTER, EMBASSY, IMMOVA, TECHNET CAPITAL, FORUM LOUISE, T&R Concept, KLINICARE SHOP BENELUX +1 more
since 2025
JEAN-LUC HEUZER
Managing director
Also active at: SMART INDUSTRIES, COMPAGNIE FINANCIERE DES PALAIS D'OUTRE-PONTS, LURIANE, BUSINESS MEDICAL CENTER, SMART, EMBASSY, RISBART, IMMOVA +9 more
since 2025
Establishments
Establishment units
Physical locations of this company
Sint-Michielslaan 123
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →COMPAGNIE FINANCIERE DES PALAIS D'OUTRE-PONTS same network
€ -1,741 gross margin · 2025
Expert Technologies & Consulting
€ -4,892 gross margin · 2025
LURIANE same network
€ -6,196 gross margin · 2025
GREEN SPIRIT INDUSTRIES
€ 141,441 gross margin · 2025
RISBART same network
€ -2,841 gross margin · 2025
+12 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0552.914.054
- VAT number
- BE 0552.914.054
- Registered office
- Sint-Michielslaan 123, 1040 Etterbeek
- Names & denominations
- MAGFORCE ET CONSTRUCTION · MAG.I.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 2014
- Peppol
- Not registered
- Activities · NACE
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