Financials
Financial year 2025
Worth noting
- More debts than assets in the latest financial year.
- A loss two years in a row.
- Little cash and receivables against the short-term debts.
Gross margin
€ -59,902
▼ 25% vs 2024
Profit
Caution€ -61,000
▼ 24% vs 2024
Debts
High€ 152,899
▲ 33% vs 2024
MAGI No.5 BelCo from Sint-Joost-ten-Node, company number BE0719535508, closed financial year 2025 with a result of € -61,000 after tax. For that financial year MAGI No.5 BelCo recorded a gross margin of € -59,902 and equity of € -152,508. Compared with financial year 2024, the result moved from € -49,064 to € -61,000. 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 3, 2026.
What happened at MAGI No.5 BelCo?
What happened at MAGI No.5 BelCo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 61,000. filed late Source: NBB ↗
- Hyunmyoung OH became a director. NBB
- Taekyoung GONG stepped down as director. NBB
- Taekyoung GONG became a director. NBB
- New establishment in Sint-Joost-ten-Node. KBO
- Gitte DE BRABANDER became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 34,011 loss in 2021 to € 61,000 loss in 2025.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
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Management
Behind MAGI No.5 BelCo are Hyunmyoung OH and Gitte DE BRABANDER. The same people are also behind B-Consumer SA, European Properties BelCo, Elix Assets Belgium, Trone Holding and ADP16 Brussels.
Directors
According to the 2025 annual accounts
Hyunmyoung OH
Director
since 2026
Gitte DE BRABANDER
Director
Also active at: B-Consumer SA, European Properties BelCo, Elix Assets Belgium +2 more
since 2019
Taekyoung GONG
Director
since 2023 · until 2026
Establishments
Establishment units
Physical locations of this company
Sint-Lazaruslaan 4-10
1210 Sint-Joost-ten-Node
Sint-Lazaruslaan 4-10 ET6
1210 Sint-Joost-ten-Node
Active since 29 January 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 103 companies are registered at this address.
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Details
- Company number
- 0719.535.508
- VAT number
- BE 0719.535.508
- Registered office
- Sint-Lazaruslaan 4-10, 1210 Sint-Joost-ten-Node
- Names & denominations
- MAGI No.5 BelCo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 January 2019
- Peppol
- Not registered