Financials
Financial year 2025
Magelaan from Gent, company number BE0843543573, closed financial year 2025 with a result of € -151,310 after tax. For that financial year Magelaan recorded a gross margin of € 312,602 and equity of € 85,545. Compared with financial year 2024, the result moved from € 3,858 to € -151,310. The company made a loss. The buffer shrank hard: equity is 64 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 85,545
▼ 64% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -151,310
▼ still € 3,858 profit in 2024
Profit after tax over the fiscal year.
€ 68,733
▲ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -33,055.
People and assets in 2025
€ 425,048
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,476
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 50,000
Loans from banks and other lenders, long and short.
€ 61,148
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 61,454
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 531,628 | € 559,684 | € 476,459 | € 312,602 | ▼ 34% |
| Profit after taxes | € 42,539 | € 31,137 | € 3,858 | € -151,310 | ▼ € 155,168 |
| Equity | € 201,861 | € 232,997 | € 236,855 | € 85,545 | ▼ 64% |
| Total debts | € 271,817 | € 193,623 | € 191,547 | € 187,670 | ▼ 2% |
| Cash | € 191,406 | € 63,341 | € 54,784 | € 68,733 | ▲ 25% |
| Retained profit | € 83,261 | € 114,397 | € 118,255 | € -33,055 | ▼ € 151,310 |
| Dividend | € 100,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 858 | € 0 | € 0 | € 50,000 | |
| Balance sheet total | € 473,678 | € 426,620 | € 428,402 | € 273,215 | ▼ 36% |
| Employees (FTE) | 8 | 7.9 | 6.8 | - |
Key figures of Magelaan, 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 Magelaan?
What happened at Magelaan in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 151,310 (▼ € 155,168 vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Tamino BV became a director. NBB
- Coryphella BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 42,539 profit in 2022 to € 151,310 loss in 2025.
Paid € 32,616 in corporate taxes since 2022.
Best year ever: 2022, with € 42,539 profit.
On average € 70,100 of value added per employee in 2024.
Management
The stake of CORYPHELLA, TAMINO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MagelaanBehind Magelaan are Leander Jacob De Cauter, Cathy Willem, Tamino BV and Coryphella BV. The shares are held by CORYPHELLA (47.8%) and TAMINO (47.8%).
Directors
According to the 2025 annual accounts
Managing director · represented by Leander Jacob De Cauter
since 2012
Managing director · represented by Cathy Willem
since 2012
Shareholders
47.8%
47.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Blekersdijk 14
9000 Gent
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
- 0843.543.573
- VAT number
- BE 0843.543.573
- Registered office
- Blekersdijk 14, 9000 Gent
- Names & denominations
- Magelaan
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 February 2012
- Peppol
- Active · Active since 26 May 2025
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