Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Busy address KBO
38 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Magnit Global Belgium from Mechelen, company number BE0719947856, closed financial year 2025 with a result of € -5,778 after tax. For that financial year Magnit Global Belgium recorded revenue of € 690,370 and equity of € -18,738. Compared with financial year 2024, the result moved from € 237,729 to € -5,778. 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 July 28, 2026.
€ -18,738
▼ € 5,778 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,778
▼ still € 237,729 profit in 2024
Profit after tax over the fiscal year.
€ 139,110
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -312,288.
People and assets in 2025
0.6
Average over the fiscal year, from the social balance sheet.
€ 34,549
▲ € 33,490 vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 121,690
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,562
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 690,370 | |
| Gross margin | € -171,030 | € -92,781 | € 56,923 | € 18,700 | ▼ 67% |
| Profit after taxes | € -248,368 | € -159,713 | € 237,729 | € -5,778 | ▼ € 243,508 |
| Equity | € -90,976 | € -250,689 | € -12,960 | € -18,738 | ▼ € 5,778 |
| Total debts | € 1,394,678 | € 2,478,350 | € 1,214,214 | € 329,984 | ▼ 73% |
| Cash | € 349,729 | € 746,537 | € 909,901 | € 139,110 | ▼ 85% |
| Retained profit | € -384,526 | € -544,239 | € -306,510 | € -312,288 | ▼ € 5,778 |
| Balance sheet total | € 1,303,702 | € 2,227,661 | € 1,201,254 | € 311,246 | ▼ 74% |
| Employees (FTE) | 0.4 | 0.4 | 0 | 0.6 |
Key figures of Magnit Global Belgium, 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 Magnit Global Belgium?
What happened at Magnit Global Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,778 (▼ € 243,508 vs 2024). Source: NBB ↗
- Penny Lea Queller became a director. NBB
- Catherine Coles became a director. NBB
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 248,368 loss in 2022 to € 5,778 loss in 2025.
Paid € 237 in corporate taxes since 2022.
Best year ever: 2024, with € 237,729 profit.
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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 Magnit Global Belgium are Penny Lea Queller and Catherine Coles.
Directors
According to the 2025 annual accounts
Penny Lea Queller
Director
since 2025
Catherine Coles
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Kardinaal Mercierplein 2
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 38 companies are registered at this address.
All companies at this address →FRUTAROM BELGIUM
€ 2.2 million revenue · 2025
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€ 931,294 gross margin · 2025
ESKENS BENELUX
€ 276,312 gross margin · 2025
HERA
€ 477,015 gross margin · 2025
ICON Clinical Research Belgium
€ 42.5 million revenue · 2024
+33 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
- 0719.947.856
- VAT number
- BE 0719.947.856
- Registered office
- Kardinaal Mercierplein 2, 2800 Mechelen
- Names & denominations
- Magnit Global Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 February 2019
- Peppol
- Active · Active since 5 Mar 2026
- Activities · NACE
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