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MAGDUTON

Active Risk: not assessed Private limited companyfounded 1989active for 37 yearsBreidelstraat 16, 8000 BrugesKBO/BCE: BE 0438.069.024

Lifetime

20 annual accounts with figures on one time axis, 36 filings since 1990
peak €706,335 (2022)
€129,584▲ 3.2%
lowest -€204,182 (2021)
-€16,572▲ €8,126
peak €1.3m (2022)
€1.2m▼ 1.4%
€612,949▼ 31.3%
peak 3.6 FTE (2010)
0 FTE 
Board5 names since 2020
4 directorsVANAUDENAERDE Bram and 3 others
Documentsfilings and deeds
24-07-20267 days before the deadline
2025abbreviated format
Loss of €16,572Debts from €891,802 to €612,949Cash from €219,427 to €18,467

Key points

from the 2025 annual accounts

Losses

-€161,131 in three years
-119,8622023-24,6982024-16,5722025

Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.

Turnover

≈ €200,000 estimated

The accounts state no turnover.

Liquidity

0.22 was 0.84 in 2024

Short-term debts fell from €324,653 to €127,103.

Filings

36 annual accounts since 1990
AprilJune31 JulyOctober1990200020102020

Eight of the last ten came late. The 2023 accounts came latest: 76 days after the end of the period.

Position in the sector

-€16,572

Lower net result than 87% of companies in financial services. Sector median €51,427 · 6,707 companies.

Financial institution: outside the modelBankruptcy probability: sector outside the model

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.

Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

1 signal, which does not raise the risk
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 days early
2024
29 days late
2023
76 days late
2022
30 days late
2021
24 days late
2020
26 days late
2019
21 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 28 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 accounts filed within 36 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DM
Director, since 09-12-2024
VB
Director, since 09-12-2024
VB
Director, since 09-12-2024
VL
Director, since 09-12-2024
Board & ownership

Recent changes

Permanent representative: KristofNannan Board meeting of 25-02-2026 · Gazette deed
Environmental permit granted Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning), Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Antwerpen
Registered in the Peppol Directory Reachable for e-invoices through 0208:0438069024
3 directors appointed, 1 resignation Change of role: VANAUDENAERDE Luc Henri René, from director to statutory director · Appointments: DEPOVER Martine Georgette Pharaïlde (statutory director), Vanaudenaerde Bert (director) and Vanaudenaerde Bram (director) · Resignation: Vanaudenaerde Bram · General meeting of 11-12-2024 · Gazette deed
All 52 events

Comparable companies

same main activity, similar in size and age
Company
MAGDUTON Bruges €1.9m €129,584 61.4% 0
DUMOPLAN Tielt €2.5m €128,492 32.5% 0
IMVENA Kortrijk €2.2m €200,952 2.4% 0
MANOR HOUSE Zedelgem €2.8m €91,259 60.2% 0
VERMAUT Waregem €3.2m €176,863 53.3% 0
IBA Immo Westerlo €1.8m €143,615 19.1% 0
ALIMENTA TECHNIQUE Puurs-Sint-Amands €1.2m €131,384 68.5% 0

These companies have the same main activity as MAGDUTON: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €1.2m and €3.2m, founded between 1981 and 1993.

Official details

Source: KBO
Status
Active since 28-07-1989Normal situation
Activity
Activities of holding companiesNACE 64210
Establishment unit
2.062.333.7278000 Bruges, since 04-06-1993
Financial year end
31 December
Peppol
Reachable since 12-02-2025
Company details

Annual accounts 2025

€1.9m▼ 13.6%
Filing
Filed on 24-07-2026, 7 days before the end of the filing period
Financials

Insights on MAGDUTON

MAGDUTON files the abbreviated format. That format states no turnover. The gross margin fell from €147,466 in 2006 to €129,584 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MAGDUTON

What is the company number of MAGDUTON?
The company number of MAGDUTON is 0438.069.024. The VAT number is the same number with BE in front: BE 0438.069.024.
Where is MAGDUTON based?
The registered office is at Breidelstraat 16, 8000 Bruges.Company details
What does MAGDUTON do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of MAGDUTON?
MAGDUTON is a private limited company (BV).
When was MAGDUTON founded?
MAGDUTON was founded on 28-07-1989.
Is MAGDUTON still active?
Yes, MAGDUTON is an active enterprise in the KBO register.
How many employees does MAGDUTON have?
MAGDUTON had an average of 0.3 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of MAGDUTON?
The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €129,584 and 32 comparable companies (NACE 64210). It probably lies between €170,000 and €250,000.
Is MAGDUTON profitable?
In financial year 2025, MAGDUTON made a loss of €16,572.
Where can I find the annual accounts of MAGDUTON?
MAGDUTON filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MAGDUTON due?
MAGDUTON must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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