MAAGEN
ActiveSummary
For MAAGEN, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €866,029 and a net result of -€3,698. Equity remains stable across the filed financial years (±0.3% per year). The company has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).
Financials · financial year 2021, micro format
2022 annual accounts not yet filed, deadline passed on 31 July 2023 Financial year closed on 31 December 2022; filing due at the latest 7 months after the close (Companies Code art. 3:10). 4 financial years without a filing since the last one filed. Source: NBB filings, as of 13 October 2026.
2018 to 2021, 4 financial years 2018 to 2021, 4 financial years
The operating result stays negative: a loss of €15,310 in 2021 against €23,142 in 2020; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,918 | €20,703 | €20,703 | €20,703 | = |
| Other operating charges640/8 | - | - | - | €2,914 | - |
| Gross operating margin9900 | -€3,934 | €2,115 | €451 | €8,307 | ▲ 1,740% |
| Operating profit (loss)9901 | -€19,181 | -€23,530 | -€23,142 | -€15,310 | ▲ 33.8% |
| Financial income75/76B | - | - | - | €20,372 | - |
| Recurring financial income75 | €21,740 | €62,819 | €20,329 | €20,372 | ▲ 0.2% |
| Financial charges65/66B | - | - | - | €5,757 | - |
| Recurring financial charges65 | €12,146 | -€12,087 | €4,710 | €5,757 | ▲ 22.2% |
| Profit (loss) for the period before taxes9903 | -€9,587 | €60,451 | -€7,523 | -€695 | ▲ 90.8% |
| Income taxes67/77 | €305 | €19,138 | €1,385 | €3,003 | ▲ 117% |
| Profit (loss) for the period9904 | -€9,892 | €41,313 | -€8,908 | -€3,698 | ▲ 58.5% |
| Profit (loss) for the period to be appropriated9905 | -€9,892 | €41,313 | -€8,908 | -€3,698 | ▲ 58.5% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €895,896 | €900,551 | €882,964 | €872,698 | ▼ 1.2% |
| Fixed assets21/28 | €174,301 | €193,498 | €172,795 | €152,092 | ▼ 12.0% |
| Tangible fixed assets22/27 | €174,301 | €193,498 | €172,795 | €152,092 | ▼ 12.0% |
| Land and buildings22 | - | - | - | €139,073 | - |
| Plant, machinery and equipment23 | - | - | - | €3,044 | - |
| Furniture and vehicles24 | - | - | - | €9,975 | - |
| Current assets29/58 | €721,595 | €707,053 | €710,170 | €720,607 | ▲ 1.5% |
| Amounts receivable within one year40/41 | €12,335 | €6,084 | €5,240 | €3,050 | ▼ 41.8% |
| Other amounts receivable41 | - | - | - | €3,050 | - |
| Current investments50/53 | €701,496 | €696,318 | €701,118 | €706,202 | ▲ 0.7% |
| Cash at bank and in hand54/58 | €5,289 | €2,864 | €1,963 | €7,596 | ▲ 287% |
| Deferred charges and accrued income490/1 | - | - | - | €3,758 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €895,896 | €900,551 | €882,964 | €872,698 | ▼ 1.2% |
| Equity10/15 | €837,321 | €878,635 | €869,727 | €866,029 | ▼ 0.4% |
| Contributions10/11 | €173,525 | €173,525 | - | €173,525 | - |
| Reserves13 | €434,849 | €476,163 | €476,163 | €476,163 | = |
| Non-distributable reserves130/1 | - | - | - | €17,353 | - |
| Reserves not available under the articles1311 | - | - | - | €17,353 | - |
| Distributable reserves133 | - | - | - | €458,810 | - |
| Profit (loss) carried forward14 | €228,947 | €228,947 | €220,039 | €216,341 | ▼ 1.7% |
| Amounts payable17/49 | €58,575 | €21,916 | €13,238 | €6,669 | ▼ 49.6% |
| Amounts payable within one year42/48 | €57,282 | €21,194 | €13,177 | €6,597 | ▼ 49.9% |
| Trade debts44 | €59 | €225 | €118 | - | - |
| Other amounts payable47/48 | - | - | - | €6,597 | - |
| Accrued charges and deferred income492/3 | - | - | - | €73 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,892 | €41,313 | -€8,908 | -€3,698 | ▲ 58.5% |
| + Depreciation and write-downs630 | €12,918 | €20,703 | €20,703 | €20,703 | = |
| Operating cash flow (approximation) | €3,027 | €62,016 | €11,795 | €17,005 | ▲ 44.2% |
| Investment in fixed assets (approximation) | - | -€39,900 | €0 | €0 | - |
| Change in cash | - | -€2,426 | -€901 | €5,633 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2021 | micro format | 09-08-2022 | 2022-20286762 |
| 31-12-2020 | micro format | 14-06-2021 | 2021-20200363 |
| 31-12-2019 | micro format | 25-06-2020 | 2020-20200005 |
| 31-12-2018 | micro format | 19-06-2019 | 2019-19400194 |
| 31-12-2017 | micro format | 28-06-2018 | 2018-23800387 |
| 31-12-2016 | micro format | 30-06-2017 | 2017-23800172 |
| 31-12-2015 | full format | 28-07-2016 | 2016-38600333 |
| 31-12-2014 | full format | 03-07-2015 | 2015-25800210 |
| 31-12-2013 | full format | 06-08-2014 | 2014-39500331 |
| 31-12-2012 | full format | 28-06-2013 | 2013-22700015 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.