Financials
Financial year 2024
MAGISTER LABS from Eghezée, company number BE0844187238, closed financial year 2024 with a result of € -53,047 after tax. For that financial year MAGISTER LABS recorded a gross margin of € 45,542 and equity of € 123,324. Compared with financial year 2023, the result moved from € 26,489 to € -53,047. 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 July 11, 2025.
€ 123,324
▼ 30% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -53,047
▼ still € 26,489 profit in 2023
Profit after tax over the fiscal year.
€ 5,077
▼ 88% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 110,924.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,000
▲ 32% vs 2023
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 20,778
▼ 37% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 112,021
▼ 48% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 7,917
▼ 69% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 89,790 | € 95,077 | € 73,660 | € 45,542 | ▼ 38% |
| Profit after taxes | € 56,076 | € 18,703 | € 26,489 | € -53,047 | ▼ € 79,535 |
| Equity | € 169,179 | € 149,883 | € 176,371 | € 123,324 | ▼ 30% |
| Total debts | € 205,140 | € 480,400 | € 239,526 | € 129,895 | ▼ 46% |
| Cash | € 46,820 | € 8,382 | € 44,090 | € 5,077 | ▼ 88% |
| Retained profit | € 156,779 | € 137,483 | € 163,971 | € 110,924 | ▼ 32% |
| Dividend | € 0 | € 38,000 | € 0 | € 0 | |
| Balance sheet total | € 374,319 | € 684,666 | € 415,897 | € 253,219 | ▼ 39% |
Key figures of MAGISTER LABS, 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 MAGISTER LABS?
What happened at MAGISTER LABS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 53,047 (▼ € 79,535 vs 2023). Source: NBB ↗
- Gaëtan SEEL became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Gesves. KBO
In short
From € 56,076 profit in 2021 to € 53,047 loss in 2024.
Paid € 58,406 in corporate taxes since 2021.
Best year ever: 2021, with € 56,076 profit.
Paid out € 38,000 in dividends to the owners in total.
Management
Behind MAGISTER LABS is Gaëtan SEEL. Gaëtan SEEL is also behind 5th FLOOR SOFTWARE.
Directors
According to the 2024 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Place de Liernu 4
5310 Eghezée
Rue des Deux Chênes 5
5340 Gesves
Active since 1 March 2012
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
- 0844.187.238
- VAT number
- BE 0844.187.238
- Registered office
- Place de Liernu 4, 5310 Eghezée
- Names & denominations
- MAGISTER LABS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 March 2012
- Peppol
- Active · Active since 16 Oct 2025
- Activities · NACE
Overige diensten op het gebied van informatietechnologie en computer