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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Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAJAK from Gent, company number BE0701724229, closed financial year 2025 with a result of € 18,148 after tax. For that financial year MAJAK recorded a gross margin of € 31,997 and equity of € 10,395. Compared with financial year 2024, the result moved from € 6,491 to € 18,148. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 21, 2026.
€ 10,395
▼ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,148
▲ 180% vs 2024
Profit after tax over the fiscal year.
€ 3,795
▼ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 22,500 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.
€ 16,759
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 13,178
▼ 32% vs 2024
€ 6,392 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 3,956
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,782
▲ 243% 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 | € 13,489 | € 16,664 | € 21,071 | € 31,997 | ▲ 52% |
| Profit after taxes | € 6,139 | € 7,553 | € 6,491 | € 18,148 | ▲ 180% |
| Equity | € 22,203 | € 22,756 | € 14,747 | € 10,395 | ▼ 30% |
| Total debts | € 15,237 | € 7,945 | € 41,846 | € 38,580 | ▼ 8% |
| Cash | € 4,778 | € 1,973 | € 8,472 | € 3,795 | ▼ 55% |
| Retained profit | € 20,203 | € 20,756 | € 12,747 | € 8,395 | ▼ 34% |
| Dividend | € 6,139 | € 7,000 | € 14,500 | € 22,500 | ▲ 55% |
| Bank debt | € 0 | € 0 | € 19,399 | € 13,178 | ▼ 32% |
| Balance sheet total | € 37,441 | € 30,702 | € 56,593 | € 48,975 | ▼ 13% |
Key figures of MAJAK, 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 MAJAK?
What happened at MAJAK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,148 (▲ 180% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,139 profit in 2022 to € 18,148 profit in 2025.
Paid € 14,617 in corporate taxes since 2022.
Best year ever: 2025, with € 18,148 profit.
Paid out € 50,139 in dividends to the owners in total.
Management
Behind MAJAK is Ilja De Coster.
Directors
According to the 2025 annual accounts
Ilja De Coster
Director
Establishments
Establishment units
Physical locations of this company
Paul Fredericqstraat 70
9000 Gent
Kortrijksesteenweg 190 box 101
9000 Gent
Active since 1 October 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0701.724.229
- VAT number
- BE 0701.724.229
- Registered office
- Paul Fredericqstraat 70, 9000 Gent
- Names & denominations
- MAJAK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 August 2018
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
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