Financials
Financial year 2024
MAG PAINTINGS from Brussel, company number BE0759715975, closed financial year 2024 with a result of € 11,019 after tax. For that financial year MAG PAINTINGS recorded a gross margin of € 20,358 and equity of € 24,024. Compared with financial year 2023, the result moved from € 3,162 to € 11,019. 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 September 26, 2025.
€ 24,024
▲ 85% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,019
▲ 248% vs 2023
Profit after tax over the fiscal year.
€ 600
▼ 95% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 23,024.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 3,070
▼ 52% vs 2023
Of which on lease € 3,070.
Debts at end 2024
€ 35,818
▲ 25% vs 2023
€ 9,006 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 281
▼ 79% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 31
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 6,207 | € 14,464 | € 9,693 | € 20,358 | ▲ 110% |
| Profit after taxes | € 1,241 | € 7,602 | € 3,162 | € 11,019 | ▲ 248% |
| Equity | € 2,241 | € 9,843 | € 13,005 | € 24,024 | ▲ 85% |
| Total debts | € 37,761 | € 27,599 | € 42,880 | € 36,289 | ▼ 15% |
| Cash | € 9,476 | € 11,256 | € 11,355 | € 600 | ▼ 95% |
| Land & buildings | - | - | € 22,723 | € 21,573 | ▼ 5% |
| Retained profit | € 1,241 | € 8,843 | € 12,005 | € 23,024 | ▲ 92% |
| Bank debt | € 14,954 | € 12,219 | € 28,753 | € 35,818 | ▲ 25% |
| Balance sheet total | € 40,002 | € 37,441 | € 55,885 | € 60,313 | ▲ 8% |
Key figures of MAG PAINTINGS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MAG PAINTINGS?
What happened at MAG PAINTINGS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 11,019 (▲ 248% vs 2023). filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,241 profit in 2021 to € 11,019 profit in 2024.
Paid € 7,190 in corporate taxes since 2021.
Best year ever: 2024, with € 11,019 profit.
A new publication or filing at MAG PAINTINGS? We notify you, reason included.
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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 MAG PAINTINGS is GAETAN AREKION.
Directors
According to the 2024 annual accounts
GAETAN AREKION
Director
Establishments
Establishment units
Physical locations of this company
Congresstraat 46
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0759.715.975
- VAT number
- BE 0759.715.975
- Registered office
- Congresstraat 46, 1000 Brussel
- Names & denominations
- MAG PAINTINGS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 2020
- Peppol
- Active · Active since 22 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Slopen
Schilderen van gebouwen
Installatie van isolatie
Schrijnwerk
Isolatiewerkzaamheden