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.
-
Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MAGUSTA from Brussel, company number BE0828861337, closed financial year 2024 with a result of € -1,539 after tax. For that financial year MAGUSTA recorded a gross margin of € 170 and equity of € -2.9 million. Compared with financial year 2023, the result moved from € 26,035 to € -1,539. 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 June 30, 2025.
€ -2.9 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,539
▼ still € 26,035 profit in 2023
Profit after tax over the fiscal year.
€ 449
▲ 28% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.9 million.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,210
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 613,500
Loans from banks and other lenders, long and short.
€ 5,881
▼ 66% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 340
▼ 87% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -30,424 | € 51,810 | € 27,715 | € 170 | ▼ 99% |
| Profit after taxes | € -31,192 | € 49,569 | € 26,035 | € -1,539 | ▼ € 27,573 |
| Equity | € -2,989,642 | € -2,933,873 | € -2,907,838 | € -2,909,377 | |
| Total debts | € 3,018,069 | € 2,975,192 | € 2,961,046 | € 3,015,337 | ▲ 2% |
| Cash | € 2,853 | € 18,205 | € 350 | € 449 | ▲ 28% |
| Retained profit | € -3,002,042 | € -2,952,473 | € -2,926,438 | € -2,927,977 | |
| Bank debt | € 613,500 | € 613,500 | € 613,500 | € 613,500 | |
| Balance sheet total | € 28,427 | € 41,319 | € 53,208 | € 105,959 | ▲ 99% |
Key figures of MAGUSTA, 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 MAGUSTA?
What happened at MAGUSTA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 1,539 (▼ € 27,573 vs 2023). Source: NBB ↗
- New establishment in Brussel. KBO
- William Nijs became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 31,192 loss in 2021 to € 1,539 loss in 2024.
Paid € 340 in corporate taxes since 2021.
Best year ever: 2022, with € 49,569 profit.
A new publication or filing at MAGUSTA? 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 MAGUSTA is William Nijs. William Nijs is also behind LLEMIN.
Directors
According to the 2024 annual accounts
since 2010
Establishments
Establishment units
Physical locations of this company
Voorlopig Bewindstraat 14 box 20
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0828.861.337
- VAT number
- BE 0828.861.337
- Registered office
- Voorlopig Bewindstraat 14 bus 20, 1000 Brussel
- Names & denominations
- MAGUSTA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 August 2010
- Peppol
- Active · Active since 14 Jan 2026
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