Financials
Financial year 2025
MAGAX from Brasschaat, company number BE0645775421, closed financial year 2025 with a result of € 15,589 after tax. For that financial year MAGAX recorded a gross margin of € 30,553 and equity of € 11,297. Compared with financial year 2024, the result moved from € -4,903 to € 15,589. Profitable, and profit is growing. The buffer shrank hard: equity is 70 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 8, 2025.
€ 11,297
▼ 70% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,589
▲ still € 4,903 loss in 2024
Profit after tax over the fiscal year.
€ 38,649
▲ € 32,486 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 42,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 9,829
▼ 33% 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.
€ 1,467
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,955
▲ € 18,749 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 21,921 | € 37,580 | € 2,092 | € 30,553 | ▲ € 28,460 |
| Profit after taxes | € 7,166 | € 19,131 | € -4,903 | € 15,589 | ▲ € 20,492 |
| Equity | € 23,480 | € 42,611 | € 37,708 | € 11,297 | ▼ 70% |
| Total debts | € 196,302 | € 12,766 | € 1,792 | € 62,423 | ▲ € 60,631 |
| Cash | € 1,633 | € 13,975 | € 6,163 | € 38,649 | ▲ € 32,486 |
| Land & buildings | € 212,906 | - | - | - | |
| Retained profit | € 17,280 | € 36,411 | € 31,508 | € 5,097 | ▼ 84% |
| Dividend | € 0 | € 0 | € 0 | € 42,000 | |
| Bank debt | € 176,269 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 219,782 | € 55,376 | € 39,499 | € 73,720 | ▲ 87% |
Key figures of MAGAX, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MAGAX?
What happened at MAGAX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,589. Source: NBB ↗
- New establishment in Brasschaat. KBO
- MAGALI HOUTSAEGER became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 7,166 profit in 2022 to € 15,589 profit in 2025.
Paid € 20,275 in corporate taxes since 2022.
Best year ever: 2023, with € 19,131 profit.
Paid out € 42,000 in dividends to the owners in total.
Management
Behind MAGAX is MAGALI HOUTSAEGER.
Directors
According to the 2025 annual accounts
MAGALI HOUTSAEGER
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Baillet-Latourlei 143
2930 Brasschaat
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
- 0645.775.421
- VAT number
- BE 0645.775.421
- Registered office
- Baillet-Latourlei 143, 2930 Brasschaat
- Names & denominations
- MAGAX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 January 2016
- Peppol
- Active · Active since 11 Jan 2026
- Contact
- [email protected]
- Activities · NACE
Overige rechtskundige dienstverlening