Financials
Financial year 2025
MAG&Co from Brussel, company number BE0877318874, closed financial year 2025 with a result of € 315,493 after tax. For that financial year MAG&Co recorded a gross margin of € 463,722 and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 326,480 to € 315,493. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 25, 2025.
€ 2.4 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 315,493
▼ 3% vs 2024
Profit after tax over the fiscal year.
€ 2 million
▲ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.3 million.
People and assets in 2025
€ 108,024
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 32,602
▼ 25% vs 2024
€ 13,982 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 20,652
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,486
▼ 20% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 625,036 | € 365,516 | € 468,364 | € 463,722 | ▼ 1% |
| Profit after taxes | € 400,046 | € 223,782 | € 326,480 | € 315,493 | ▼ 3% |
| Equity | € 1,763,162 | € 1,829,531 | € 2,043,511 | € 2,359,003 | ▲ 15% |
| Total debts | € 779,366 | € 856,564 | € 822,394 | € 746,567 | ▼ 9% |
| Cash | € 1,717,111 | € 1,907,884 | € 1,829,881 | € 2,009,180 | ▲ 10% |
| Land & buildings | € 39,304 | € 32,133 | € 24,962 | € 16,735 | ▼ 33% |
| Retained profit | € 1,733,162 | € 1,799,531 | € 2,013,511 | € 2,329,003 | ▲ 16% |
| Dividend | € 0 | € 157,413 | € 112,500 | € 0 | ▼ 100% |
| Bank debt | € 70,499 | € 56,031 | € 43,215 | € 32,602 | ▼ 25% |
| Balance sheet total | € 2,542,527 | € 2,686,094 | € 2,865,904 | € 3,105,570 | ▲ 8% |
Key figures of MAG&Co, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 November 2026.
What happened to MAG&Co?
What happened at MAG&Co in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 315,493 (▼ 3% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 400,046 profit in 2022 to € 315,493 profit in 2025.
Paid € 494,314 in corporate taxes since 2022.
Best year ever: 2022, with € 400,046 profit.
Paid out € 269,913 in dividends to the owners in total.
Management
Behind MAG&Co is Marie-Noëlle Godeau.
Directors
According to the 2025 annual accounts
Marie-Noëlle Godeau
Director
Establishments
Establishment units
Physical locations of this company
Pagodenlaan 427
1020 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0877.318.874
- VAT number
- BE 0877.318.874
- Registered office
- Pagodenlaan 427, 1020 Brussel
- Names & denominations
- MAG&Co
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 November 2005
- Peppol
- Active · Active since 26 May 2025
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