Active · per the CBE, 16 September 2026

MAG-REEN

BE0873833012

Rechtspersoon Public limited company

Louizalaan 343, 1050 Elsene

Active for

21 year, 3 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Busy address KBO

    23 other companies have their registered office at the same address; threshold 10.

  • Not on Peppol Peppol

    Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

MAG-REEN from Elsene, company number BE0873833012, closed financial year 2025 with a result of € 83,451 after tax. For that financial year MAG-REEN recorded a gross margin of € -15,652 and equity of € 697,937. Compared with financial year 2024, the result moved from € 110,118 to € 83,451. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.

What it is worth Growing

€ 697,937

▲ 14% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 83,451

▼ 24% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 9,241

▼ 24% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -1.9 million.

Debts at end 2025

Bank debt

€ 6.2 million

▲ 1% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 1,544

▲ 21% vs 2024

Supplier invoices still open on the last day of the fiscal year.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € -16,395 € -8,155 € -17,516 € -15,652 ▲ € 1,864
Profit after taxes € 122,299 € 8,658 € 110,118 € 83,451 ▼ 24%
Equity € 495,711 € 504,369 € 614,487 € 697,937 ▲ 14%
Total debts € 6,225,550 € 6,234,918 € 6,097,575 € 6,152,837 ▲ 1%
Cash € 11,585 € 11,312 € 12,186 € 9,241 ▼ 24%
Retained profit € -2,120,289 € -2,111,631 € -2,001,513 € -1,918,063 ▲ € 83,451
Bank debt € 6,210,693 € 6,221,808 € 6,094,768 € 6,151,293 ▲ 1%
Balance sheet total € 6,721,261 € 6,739,287 € 6,712,061 € 6,850,774 ▲ 2%

Key figures of MAG-REEN, 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 MAG-REEN?

What happened at MAG-REEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 83,451 (▼ 24% vs 2024). filed late Source: NBB ↗
  • Start of the company according to the CBE. KBO

In short

From € 122,299 profit in 2022 to € 83,451 profit in 2025.

Best year ever: 2022, with € 122,299 profit.

Establishments

Establishment units

Physical locations of this company

Registered office

Louizalaan 343

1050 Elsene

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0873.833.012
VAT number
BE 0873.833.012
Registered office
Louizalaan 343, 1050 Elsene
Names & denominations
MAG-REEN
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
17 May 2005
Peppol
Not registered

Frequently asked questions

What is the address of MAG-REEN?
The registered office of MAG-REEN is located at Louizalaan 343, 1050 Elsene.
Is MAG-REEN still active?
Yes. According to the CBE (16 September 2026) MAG-REEN is active, legal situation “Normale toestand”, started on 17 May 2005.
Is MAG-REEN registered on Peppol?
No, MAG-REEN is currently not registered on the Peppol network.
What is the enterprise number of MAG-REEN?
The enterprise number of MAG-REEN is BE0873833012.
When was MAG-REEN founded?
MAG-REEN was founded on 17 May 2005.
Who owns MAG-REEN?
The shares are held by LUXEMBOURG CORPORATION INVEST IV (100%). It owns 98% of IMMO COMMERCE itself.