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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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MAGENA from Wevelgem, company number BE0650604437, closed financial year 2025 with a result of € 244,908 after tax. For that financial year MAGENA recorded a gross margin of € 501,944 and equity of € 11 million. Compared with financial year 2024, the result moved from € -1.3 million to € 244,908. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 4, 2026.
€ 11 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 244,908
▲ still € 1.3 million loss in 2024
Profit after tax over the fiscal year.
€ 434,106
▼ 48% 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 € 4.6 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.8 million
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,606
▲ € 21,577 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 | € 23,129 | € 30,785 | € 194,808 | € 501,944 | ▲ 158% |
| Profit after taxes | € -351,967 | € -526,663 | € -1,344,696 | € 244,908 | ▲ € 1.6 million |
| Equity | € 12,615,098 | € 12,088,434 | € 10,743,738 | € 10,988,647 | ▲ 2% |
| Total debts | € 46,186,901 | € 41,072,277 | € 19,241,301 | € 19,230,121 | |
| Cash | € 7,372,703 | € 329,247 | € 834,383 | € 434,106 | ▼ 48% |
| Land & buildings | € 4,266,637 | € 4,185,568 | € 4,143,265 | € 4,024,980 | ▼ 3% |
| Retained profit | € 6,275,098 | € 5,748,434 | € 4,403,738 | € 4,648,647 | ▲ 6% |
| Bank debt | € 22,800,000 | € 17,500,000 | € 0 | € 0 | |
| Balance sheet total | € 58,990,224 | € 53,328,928 | € 30,133,248 | € 30,346,969 | ▲ 1% |
Key figures of MAGENA, 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 MAGENA?
What happened at MAGENA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 244,908. Source: NBB ↗
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 351,967 loss in 2022 to € 244,908 profit in 2025.
Paid € 27,650 in corporate taxes since 2022.
Best year ever: 2025, with € 244,908 profit.
Management
The stake of NARISART comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MAGENABehind MAGENA is Nadine Vanhalst. The shares are held by NARISART (100%). It owns 100% of Vastgoedbeheer Rouseré itself.
Directors
According to the 2025 annual accounts
Nadine Vanhalst
Managing director
Also active at: VASTGOEDBEHEER ROUSERE, DE VLASBLOMME, P & X Medical, NARISART, SAGITTAIRE FINANCE, PARKSIDE PROMOTION, GNVH
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Ballingstraat 116
8560 Wevelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →SV Center
€ 422,355 gross margin · 2025
VASTGOEDBEHEER ROUSERE same network
€ 62,743 gross margin · 2025
DE VLASBLOMME same network
€ 1.3 million gross margin · 2025
P & X Medical same network
€ -73,960 gross margin · 2025
NARISART same network
€ 75,959 gross margin · 2026
+5 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
- 0650.604.437
- VAT number
- BE 0650.604.437
- Registered office
- Ballingstraat 116, 8560 Wevelgem
- Names & denominations
- MAGENA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 February 2016
- Peppol
- Active · Active since 8 Oct 2024
- Activities · NACE
Verhuur en exploitatie van sociale woningen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen