Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAGINO from Deinze, company number BE0795147503, closed financial year 2025 with a result of € 576 after tax. For that financial year MAGINO recorded a gross margin of € 29,608 and equity of € 8,191. Compared with financial year 2024, the result moved from € 2,614 to € 576. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 22, 2025.
€ 8,191
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 576
▼ 78% vs 2024
Profit after tax over the fiscal year.
€ 5,033
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3,191.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 23,554
▲ 14% 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.
€ 3,549
▲ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,173
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 31,164 | € 29,608 | ▼ 5% |
| Profit after taxes | € 2,614 | € 576 | ▼ 78% |
| Equity | € 7,614 | € 8,191 | ▲ 8% |
| Total debts | € 33,721 | € 34,861 | ▲ 3% |
| Cash | € 8,464 | € 5,033 | ▼ 41% |
| Retained profit | € 2,614 | € 3,191 | ▲ 22% |
| Balance sheet total | € 41,335 | € 43,052 | ▲ 4% |
Key figures of MAGINO, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to MAGINO?
What happened at MAGINO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Kortrijk. KBO
- New annual accounts for financial year 2025: profit of € 576 (▼ 78% vs 2024). Source: NBB ↗
- New establishment in Deinze. KBO
- Lien BULTEEL became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2,614 profit in 2024 to € 576 profit in 2025.
Paid € 2,018 in corporate taxes since 2024.
Best year ever: 2024, with € 2,614 profit.
Management
Behind MAGINO is Lien BULTEEL.
Directors
According to the 2025 annual accounts
Lien BULTEEL
Bestuurder
since 2022
Establishments
Establishment units
Physical locations of this company
Machelenstraat 103
9800 Deinze
Tolpoortstraat 41
9800 Deinze
Active since 21 December 2022
Korte Steenstraat(Kor) 2A
8500 Kortrijk
Active since 1 December 2025
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
- 0795.147.503
- VAT number
- BE 0795.147.503
- Registered office
- Machelenstraat 103, 9800 Deinze
- Names & denominations
- MAGINO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 2022
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
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