Financials
Financial year 2025
MAGI CONSTRUCT from Torhout, company number BE0809523101, closed financial year 2025 with a result of € 8,492 after tax. For that financial year MAGI CONSTRUCT recorded a gross margin of € 352,786 and equity of € 208,361. Compared with financial year 2024, the result moved from € 73,368 to € 8,492. 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 January 13, 2026.
€ 208,361
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,492
▼ 88% vs 2024
Profit after tax over the fiscal year.
€ 115,762
▼ 9% 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 € 202,161.
People and assets in 2025
5.9
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 307,399
▲ 9% vs 2024
€ 52,100 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 243,157
▲ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 100,877
▲ 83% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 778,885 | € 1,054,230 | € 413,624 | € 352,786 | ▼ 15% |
| Profit after taxes | € 335,587 | € 584,452 | € 73,368 | € 8,492 | ▼ 88% |
| Equity | € 117,049 | € 126,501 | € 199,869 | € 208,361 | ▲ 4% |
| Total debts | € 698,117 | € 852,113 | € 855,169 | € 448,293 | ▼ 48% |
| Cash | € 35,461 | € 114,319 | € 126,697 | € 115,762 | ▼ 9% |
| Retained profit | € 110,849 | € 120,301 | € 193,669 | € 202,161 | ▲ 4% |
| Dividend | € 335,000 | € 575,000 | € 0 | € 0 | |
| Balance sheet total | € 815,166 | € 978,614 | € 1,055,038 | € 656,654 | ▼ 38% |
| Employees (FTE) | 7.6 | 6.8 | 5.8 | 5.9 | ▲ 0.1 |
Key figures of MAGI CONSTRUCT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MAGI CONSTRUCT?
What happened at MAGI CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8,492 (▼ 88% vs 2024). Source: NBB ↗
- MAGI BV became a director. NBB
- New establishment in Torhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 335,587 profit in 2022 to € 8,492 profit in 2025.
Paid € 41,469 in corporate taxes since 2022.
Best year ever: 2023, with € 584,452 profit.
On average € 59,800 of value added per employee in 2025.
Management
The stake of MAGI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MAGI CONSTRUCTBehind MAGI CONSTRUCT is MAGI BV. The shares are held by MAGI (100%).
Directors
According to the 2025 annual accounts
since 2019
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ringaertstraat 12
8820 Torhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0809.523.101
- VAT number
- BE 0809.523.101
- Registered office
- Ringaertstraat 12, 8820 Torhout
- Names & denominations
- MAGI CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 January 2009
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
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