What does MAGOTEC do?

MAGOTEC is a repair and maintenance company in Evergem. Private Limited, started on 5 March 2019, 1 establishment.

What is the address of MAGOTEC?

The registered office of MAGOTEC is located at Riemewegel 120, 9940 Evergem.

Is MAGOTEC still active?

Yes. According to the CBE (31 October 2026) MAGOTEC is active, legal situation “Normale toestand”, started on 5 March 2019.

Is MAGOTEC registered on Peppol?

Yes, MAGOTEC is registered on the Peppol network with ID 0208:0721840940.

What is the enterprise number of MAGOTEC?

The enterprise number of MAGOTEC is BE0721840940.

When was MAGOTEC founded?

MAGOTEC was founded on 5 March 2019.

Is MAGOTEC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 5 March 2019; 5 annual accounts filed, latest fiscal year 2025.

How much profit did MAGOTEC make in 2025?

MAGOTEC recorded a loss after taxes of € 24,806 in financial year 2025.

What is the revenue of MAGOTEC?

As a small company, MAGOTEC is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 15,664.

Does MAGOTEC have a website?

Yes, MAGOTEC has a website at magotec.be.

MAGOTEC (Private Limited) - Evergem - BE0721840940

Dossier MAGOTEC, printed on 31 October 2026 from databakkes.be/en/0721840940/magotec. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MAGOTEC from Evergem, company number BE0721840940, closed financial year 2025 with a result of € -24,806 after tax. For that financial year MAGOTEC recorded a gross margin of € 15,664 and equity of € 44,719. Compared with financial year 2024, the result moved from € 1,237 to € -24,806. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 14, 2026.

What it is worth Healthy

€ 44,719

▼ 36% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -24,806

▼ still € 1,237 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 20,237

▼ 73% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 32,319.

People and assets in 2025

Vehicles and equipment

€ 56,002

▲ € 49,700 vs 2024

Of which on lease € 55,553.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 211,034

▲ 23% vs 2024

€ 45,613 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 62,888

▼ 14% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 11,306

▼ 40% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 16,129 Gross margin 2022: € 16,129 First fiscal year in the series	€ 17,149 Gross margin 2023: € 17,149 ▲ 6% vs 2022 (€ 16,129) Favourable step	€ 25,253 Gross margin 2024: € 25,253 ▲ 47% vs 2023 (€ 17,149) Favourable step	€ 15,664 Gross margin 2025: € 15,664 ▼ 38% vs 2024 (€ 25,253) Unfavourable step	▼ 38%
Profit after taxes	€ 1,130 Profit after taxes 2022: € 1,130 First fiscal year in the series	€ 1,628 Profit after taxes 2023: € 1,628 ▲ 44% vs 2022 (€ 1,130) Favourable step	€ 1,237 Profit after taxes 2024: € 1,237 ▼ 24% vs 2023 (€ 1,628) Unfavourable step	€ -24,806 Profit after taxes 2025: € -24,806 ▼ € 26,042 vs 2024 (€ 1,237) Unfavourable step	▼ € 26,042
Equity	€ 66,660 Equity 2022: € 66,660 First fiscal year in the series	€ 68,288 Equity 2023: € 68,288 ▲ 2% vs 2022 (€ 66,660) Favourable step	€ 69,525 Equity 2024: € 69,525 ▲ 2% vs 2023 (€ 68,288) Favourable step	€ 44,719 Equity 2025: € 44,719 ▼ 36% vs 2024 (€ 69,525) Unfavourable step	▼ 36%
Total debts	€ 159,359 Total debts 2022: € 159,359 First fiscal year in the series	€ 293,497 Total debts 2023: € 293,497 ▲ 84% vs 2022 (€ 159,359) Unfavourable step	€ 272,838 Total debts 2024: € 272,838 ▼ 7% vs 2023 (€ 293,497) Favourable step	€ 291,157 Total debts 2025: € 291,157 ▲ 7% vs 2024 (€ 272,838) Unfavourable step	▲ 7%
Cash	€ 1,823 Cash 2022: € 1,823 First fiscal year in the series	€ 1,134 Cash 2023: € 1,134 ▼ 38% vs 2022 (€ 1,823) Unfavourable step	€ 75,125 Cash 2024: € 75,125 ▲ € 73,991 vs 2023 (€ 1,134) Favourable step	€ 20,237 Cash 2025: € 20,237 ▼ 73% vs 2024 (€ 75,125) Unfavourable step	▼ 73%
Land & buildings	€ 1,630 Land & buildings 2022: € 1,630 First fiscal year in the series	€ 23,110 Land & buildings 2023: € 23,110 ▲ € 21,479 vs 2022 (€ 1,630) Unchanged	€ 95,952 Land & buildings 2024: € 95,952 ▲ € 72,842 vs 2023 (€ 23,110) Unchanged	€ 101,847 Land & buildings 2025: € 101,847 ▲ 6% vs 2024 (€ 95,952) Unchanged	▲ 6%
Retained profit	€ 54,260 Retained profit 2022: € 54,260 First fiscal year in the series	€ 55,888 Retained profit 2023: € 55,888 ▲ 3% vs 2022 (€ 54,260) Favourable step	€ 57,125 Retained profit 2024: € 57,125 ▲ 2% vs 2023 (€ 55,888) Favourable step	€ 32,319 Retained profit 2025: € 32,319 ▼ 43% vs 2024 (€ 57,125) Unfavourable step	▼ 43%
Bank debt	€ 50,914 Bank debt 2022: € 50,914 First fiscal year in the series	€ 188,537 Bank debt 2023: € 188,537 ▲ 270% vs 2022 (€ 50,914) Unfavourable step	€ 171,588 Bank debt 2024: € 171,588 ▼ 9% vs 2023 (€ 188,537) Favourable step	€ 211,034 Bank debt 2025: € 211,034 ▲ 23% vs 2024 (€ 171,588) Unfavourable step	▲ 23%
Balance sheet total	€ 226,020 Balance sheet total 2022: € 226,020 First fiscal year in the series	€ 361,786 Balance sheet total 2023: € 361,786 ▲ 60% vs 2022 (€ 226,020) Unchanged	€ 342,363 Balance sheet total 2024: € 342,363 ▼ 5% vs 2023 (€ 361,786) Unchanged	€ 335,876 Balance sheet total 2025: € 335,876 ▼ 2% vs 2024 (€ 342,363) Unchanged	▼ 2%

Key figures of MAGOTEC, 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 MAGOTEC?

What happened at MAGOTEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 14, 2026 New annual accounts for financial year 2025: loss of € 24,806 (▼ € 26,042 vs 2024). filed late Source: NBB ↗
Mar 5, 2019 New establishment in Evergem. KBO
Mar 5, 2019 Start of the company according to the CBE. KBO

In short

From € 1,130 profit in 2022 to € 24,806 loss in 2025.

Paid € 504 in corporate taxes since 2022.

Best year ever: 2023, with € 1,628 profit.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Riemewegel 120

9940 Evergem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS magotec.be

Technologies

ApacheCookie ConsentGoogle FontsSwiperVarnish

Hosting & Email

Email provider

one.com Mail

Hosting

ONECOM, DK

Website info

HTTPS Ja

Indexable pages 4

Features

Contact page

Security

✓ HTTPS

✗ SPF

✗ DMARC

Network

✓ IPv6

Details

Company number: 0721.840.940
VAT number: BE 0721.840.940
Registered office: Riemewegel 120, 9940 Evergem
Names & denominations: MAGOTEC
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 5 March 2019
Peppol: Active · Active since 8 Jun 2025
Contact: magotec.be
Activities · NACE: Reparatie en onderhoud van machines

View on CBE Public ↗ Annual accounts (NBB) ↗

MAGOTEC