Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Late annual account NBB
Fiscal year 2024 was filed 272 days after the legal deadline.
Financials
Financial year 2024
MAGY M. from Knokke-Heist, company number BE0768904053, closed financial year 2024 with a result of € -232 after tax. For that financial year MAGY M. recorded a gross margin of € 52,787 and equity of € 86,161. Compared with financial year 2023, the result moved from € 42,686 to € -232. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.
€ 86,161
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -232
▼ still € 42,686 profit in 2023
Profit after tax over the fiscal year.
€ 70,828
▲ 83% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 85,161.
People and assets in 2024
€ 9,801
▲ 2% vs 2023
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 2024
€ 60,957
▼ 12% vs 2023
€ 18,682 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 31,776
▲ 39% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 3,609
▼ 75% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 28,207 | € 85,147 | € 81,974 | € 52,787 | ▼ 36% |
| Profit after taxes | € 4,919 | € 37,788 | € 42,686 | € -232 | ▼ € 42,918 |
| Equity | € 5,919 | € 43,707 | € 86,393 | € 86,161 | |
| Total debts | € 130,783 | € 99,827 | € 106,744 | € 96,342 | ▼ 10% |
| Cash | € 9,537 | € 27,333 | € 38,736 | € 70,828 | ▲ 83% |
| Retained profit | € 4,919 | € 42,707 | € 85,393 | € 85,161 | |
| Bank debt | € 71,900 | € 64,710 | € 69,387 | € 60,957 | ▼ 12% |
| Balance sheet total | € 136,702 | € 143,534 | € 193,137 | € 182,503 | ▼ 6% |
Key figures of MAGY M., 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 MAGY M.?
What happened at MAGY M. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 232 (▼ € 42,918 vs 2023). filed late Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Maxim Magy became a director. NBB
- Cindy Deruddere became a director. NBB
- Michel Magy became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 4,919 profit in 2021 to € 232 loss in 2024.
Paid € 24,956 in corporate taxes since 2021.
Best year ever: 2023, with € 42,686 profit.
A new publication or filing at MAGY M.? 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 MAGY M. are Maxim Magy, Cindy Deruddere and Michel Magy.
Directors
According to the 2024 annual accounts
Maxim Magy
Director
since 2021
Cindy Deruddere
Director
since 2021
Michel Magy
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Westkapellestraat 84 box 21
8301 Knokke-Heist
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0768.904.053
- VAT number
- BE 0768.904.053
- Registered office
- Westkapellestraat 84 bus 21, 8301 Knokke-Heist
- Names & denominations
- MAGY M.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 May 2021
- Peppol
- Active · Active since 3 Apr 2026
- Activities · NACE
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