Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MAGETEC from Sint-Jans-Molenbeek, company number BE0889128130, closed financial year 2024 with a result of € 3,311 after tax. For that financial year MAGETEC recorded revenue of € 213,184 and equity of € 5,307. Compared with financial year 2022, the result moved from € 502 to € 3,311. Profitable, and profit is growing. 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 September 15, 2025.
€ 5,307
▲ 256% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,311
▲ € 2,809 vs 2022
Profit after tax over the fiscal year.
€ 6,725
▼ 56% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -13,293.
People and assets in 2024
€ 71,090
▼ 3% vs 2022
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 2024
None
No bank loans on the last day of the fiscal year.
€ 20,280
Supplier invoices still open on the last day of the fiscal year.
€ 45,733
▼ 16% vs 2022
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2021 | 2022 | 2024 | Change 2022 → 2024 | |
|---|---|---|---|---|
| Revenue | - | - | € 213,184 | |
| Gross margin | € 34,324 | € 78,510 | € 76,508 | ▼ 3% |
| Profit after taxes | € -10,292 | € 502 | € 3,311 | ▲ € 2,809 |
| Equity | € 987 | € 1,489 | € 5,307 | ▲ 256% |
| Total debts | € 112,436 | € 89,713 | € 102,837 | ▲ 15% |
| Cash | € 11,769 | € 15,392 | € 6,725 | ▼ 56% |
| Retained profit | € -17,613 | € -17,111 | € -13,293 | ▲ € 3,818 |
| Balance sheet total | € 113,423 | € 91,202 | € 108,144 | ▲ 19% |
Key figures of MAGETEC, 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 MAGETEC?
What happened at MAGETEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 3,311 (▲ € 2,809 vs 2022). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Sint-Jans-Molenbeek. KBO
In short
From € 10,292 loss in 2021 to € 3,311 profit in 2024.
Best year ever: 2024, with € 3,311 profit.
A new publication or filing at MAGETEC? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Establishments
Establishment units
Physical locations of this company
Mommaertsstraat 77
1080 Sint-Jans-Molenbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0889.128.130
- VAT number
- BE 0889.128.130
- Registered office
- Mommaertsstraat 77, 1080 Sint-Jans-Molenbeek
- Names & denominations
- MAGETEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 May 2007
- Peppol
- Active · Active since 9 Oct 2024
- Activities · NACE
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2