Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MAGES from Sint-Pieters-Woluwe, company number BE0877347380, closed financial year 2025 with a result of € 3,820 after tax. For that financial year MAGES recorded a gross margin of € 71,660 and equity of € 51,234. Compared with financial year 2024, the result moved from € 58,108 to € 3,820. 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 July 7, 2026.
€ 51,234
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,820
▼ 93% vs 2024
Profit after tax over the fiscal year.
€ 533
▼ 94% 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 € 45,034.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 54,781
▲ 184% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 17,875
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,605
▼ 64% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,206 | € -20,866 | € 92,513 | € 71,660 | ▼ 23% |
| Profit after taxes | € 3,595 | € -24,692 | € 58,108 | € 3,820 | ▼ 93% |
| Equity | € 13,998 | € -10,694 | € 47,414 | € 51,234 | ▲ 8% |
| Total debts | € 2,067 | € 12,760 | € 38,995 | € 23,480 | ▼ 40% |
| Cash | € 155 | € 155 | € 9,059 | € 533 | ▼ 94% |
| Retained profit | € 7,798 | € -16,894 | € 41,214 | € 45,034 | ▲ 9% |
| Bank debt | € 598 | € 19 | € 0 | € 0 | |
| Balance sheet total | € 16,065 | € 2,066 | € 86,409 | € 74,713 | ▼ 14% |
Key figures of MAGES, 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 MAGES?
What happened at MAGES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,820 (▼ 93% vs 2024). Source: NBB ↗
- Giuseppe Barbarino became a director. NBB
- New establishment in Sint-Pieters-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,595 profit in 2022 to € 3,820 profit in 2025.
Paid € 15,120 in corporate taxes since 2022.
Best year ever: 2024, with € 58,108 profit.
Management
Behind MAGES is Giuseppe Barbarino.
Directors
According to the 2025 annual accounts
Giuseppe Barbarino
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Meiersplein 2
1150 Sint-Pieters-Woluwe
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0877.347.380
- VAT number
- BE 0877.347.380
- Registered office
- Meiersplein 2, 1150 Sint-Pieters-Woluwe
- Names & denominations
- MAGES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 November 2005
- Peppol
- Active · Active since 12 Jan 2026
- Activities · NACE
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