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.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2024; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 71.9 to 64.7.
Financials
Financial year 2024
MAGA BELGIUM from Aubange, company number BE0806987144, closed financial year 2024 with a result of € -103,324 after tax. For that financial year MAGA BELGIUM recorded revenue of € 4.1 million and equity of € -300,960. Compared with financial year 2023, the result moved from € -71,118 to € -103,324. 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 September 30, 2025.
€ -300,960
▼ € 103,324 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -103,324
▼ 45 % more loss than in 2023
Profit after tax over the fiscal year.
€ 56
▼ 95% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -322,960.
People and assets in 2024
64.7
▼ 4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 3.6 million
▼ 2% vs 2023
€ 55,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,541
▼ 88% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 56,097
▼ 49% vs 2023
Loans from banks and other lenders, long and short.
€ 378,684
▲ 16% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 340,155
▲ 23% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 4,439,921 | € 4,537,590 | € 4,206,120 | € 4,104,692 | ▼ 2% |
| Gross margin | € 3,761,678 | € 3,757,114 | € 3,697,523 | € 3,569,335 | ▼ 3% |
| Profit after taxes | € -89,348 | € -75,727 | € -71,118 | € -103,324 | ▼ € 32,206 |
| Equity | € -50,790 | € -126,517 | € -197,635 | € -300,960 | ▼ € 103,324 |
| Total debts | € 827,896 | € 848,947 | € 714,258 | € 774,937 | ▲ 8% |
| Cash | € 19,660 | € 11,289 | € 1,122 | € 56 | ▼ 95% |
| Retained profit | € -70,790 | € -146,517 | € -219,635 | € -322,960 | ▼ € 103,324 |
| Bank debt | € 121,428 | € 136,293 | € 110,898 | € 56,097 | ▼ 49% |
| Balance sheet total | € 779,606 | € 724,930 | € 519,123 | € 476,477 | ▼ 8% |
| Employees (FTE) | 78.6 | 71.9 | 68.7 | 64.7 | ▼ 4 |
Key figures of MAGA BELGIUM, 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 MAGA BELGIUM?
What happened at MAGA BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 103,324. filed late Source: NBB ↗
- New establishment in Aubange. KBO
- Start of the company according to the CBE. KBO
In short
From € 89,348 loss in 2021 to € 103,324 loss in 2024.
Paid € 297,541 in corporate taxes since 2021.
On average € 55,200 of value added per employee in 2024.
A new publication or filing at MAGA BELGIUM? 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
Establishments
Establishment units
Physical locations of this company
Rue d'Athus - AUBANGE 28
6790 Aubange
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
- 0806.987.144
- VAT number
- BE 0806.987.144
- Registered office
- Rue d'Athus - AUBANGE 28, 6790 Aubange
- Names & denominations
- MAGA BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 October 2008
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Vervaardiging van metalen constructiewerken en delen daarvan
Overige gespecialiseerde bouwwerkzaamheden
Reparatie en onderhoud van producten van metaal