Financials
Financial year 2025
MAGNECO from Waregem, company number BE1006431220, closed financial year 2025 with a result of € 14,420 after tax. For that financial year MAGNECO recorded a gross margin of € 22,786 and equity of € 44,459. Compared with financial year 2024, the result moved from € 28,423 to € 14,420. 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 February 18, 2026.
€ 44,459
▲ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,420
▼ 49% vs 2024
Profit after tax over the fiscal year.
€ 40,628
▲ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,666 paid out
12 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 768
▼ 46% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,138
▼ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,886
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 36,383 | € 22,786 | ▼ 37% |
| Profit after taxes | € 28,423 | € 14,420 | ▼ 49% |
| Equity | € 31,705 | € 44,459 | ▲ 40% |
| Total debts | € 23,673 | € 18,742 | ▼ 21% |
| Cash | € 26,629 | € 40,628 | ▲ 53% |
| Retained profit | € 26,705 | € 39,459 | ▲ 48% |
| Dividend | € 1,718 | € 1,666 | ▼ 3% |
| Balance sheet total | € 55,378 | € 63,201 | ▲ 14% |
Key figures of MAGNECO, fiscal years 2024 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 MAGNECO?
What happened at MAGNECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,420 (▼ 49% vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 28,423 profit in 2024 to € 14,420 profit in 2025.
Paid € 10,740 in corporate taxes since 2024.
Best year ever: 2024, with € 28,423 profit.
Paid out € 3,384 in dividends to the owners in total.
A new publication or filing at MAGNECO? We notify you, reason included.
Follow MAGNECODatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Management
Directors
According to the 2025 annual accounts
Joor Coorevits
Director
Establishments
Establishment units
Physical locations of this company
Leiestraat 64
8792 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1006.431.220
- VAT number
- BE 1006.431.220
- Registered office
- Leiestraat 64, 8792 Waregem
- Names & denominations
- MAGNECO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 2024
- Peppol
- Active · Active since 14 Oct 2024
- Activities · NACE
Algemene elektrotechnische installatiewerken