Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 8.2 to 4.6.
Financials
Financial year 2025
MagCam from Leuven, company number BE0820600204, closed financial year 2025 with a result of € -88,628 after tax. For that financial year MagCam recorded revenue of € 1.1 million and equity of € 945,364. Compared with financial year 2024, the result moved from € 100,039 to € -88,628. 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 June 22, 2026.
€ 945,364
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -88,628
▼ still € 100,039 profit in 2024
Profit after tax over the fiscal year.
€ 92,919
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 875,364.
People and assets in 2025
4.6
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 395,523
▲ 15% vs 2024
€ 86,000 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.
€ 4,939
▼ 47% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 281,008
▲ 42% vs 2024
€ 262,991 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 89,949
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 49,083
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,820,238 | € 1,479,519 | € 1,413,214 | € 1,082,823 | ▼ 23% |
| Gross margin | € 433,557 | € 517,014 | € 500,929 | € 362,604 | ▼ 28% |
| Profit after taxes | € -179,663 | € -113,808 | € 100,039 | € -88,628 | ▼ € 188,667 |
| Equity | € 1,047,760 | € 933,953 | € 1,033,991 | € 945,364 | ▼ 9% |
| Total debts | € 576,804 | € 479,735 | € 373,895 | € 439,232 | ▲ 17% |
| Cash | € 10,884 | € 85,735 | € 138,729 | € 92,919 | ▼ 33% |
| Retained profit | € 977,760 | € 863,953 | € 963,991 | € 875,364 | ▼ 9% |
| Bank debt | € 335,893 | € 237,193 | € 198,052 | € 281,008 | ▲ 42% |
| Balance sheet total | € 1,624,564 | € 1,413,688 | € 1,407,887 | € 1,384,595 | ▼ 2% |
| Employees (FTE) | - | 8.2 | 4.8 | 4.6 | ▼ 0.2 |
Key figures of MagCam, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MagCam?
What happened at MagCam in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 88,628 (▼ € 188,667 vs 2024). Source: NBB ↗
- Lieven Philips became a director. NBB
- Koen Vervaeke became a director. NBB
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 179,663 loss in 2022 to € 88,628 loss in 2025.
Paid € 7,449 in corporate taxes since 2022.
Best year ever: 2024, with € 100,039 profit.
On average € 78,800 of value added per employee in 2025.
A new publication or filing at MagCam? 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
The stake of Allegro Investment Fund comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MagCamBehind MagCam are Lieven Philips, Koen Vervaeke and Allegro investment fund. The shares are held by Allegro Investment Fund (15%).
Directors
According to the 2025 annual accounts
Lieven Philips
Director
since 2016
Koen Vervaeke
Director
since 2016
Director · represented by Van Den Bossche Alex
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Romeinse straat 18
3001 Leuven
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Domain
Domain
magcam.com
Registered
2009-01-19
Registrar
Realtime Register B.V.
Expires
2027-01-19
Website info
Features
Security
Details
- Company number
- 0820.600.204
- VAT number
- BE 0820.600.204
- Registered office
- Romeinse straat 18, 3001 Leuven
- Names & denominations
- MagCam
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 November 2009
- Peppol
- Active · Active since 7 Apr 2025
- Contact
- magcam.com
- Activities · NACE
Ontwerpen van computerprogramma’s
Vervaardiging van meet-, controle- en navigatie-instrumenten en -apparatuur
Ontwerpen en programmeren van computerprogramma's
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied
Overige vormen van onderwijs
Vervaardiging van computers en randapparatuur
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Computerconsultancy-activiteiten
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