Equity
-€16,258 from €1.3m in 2013
Equity fell below zero in 2023.
MAGEC
Lifetime
15 annual accounts with figures on one time axis, 24 filings since 1998peak €1.9m (2013)
-€29,634
lowest -€1.2m (2023)
-€1.2m
peak €1.3m (2013)
-€16,258
€4.8m
peak 20.8 FTE (2008)
-not published
Board2 names since 2018
2 directorsJoséphineDebruyne and 1 other
Documentsfilings and deeds
26-09-2023127 days before the deadline
2023micro format
Bankruptcy published 25-09Loss of €1.2mNo figures for the year before
Key points
from the 2023 annual accounts, the last ones filedDebts
€4.8m 99% of the balance sheet
Financial debts 78%Suppliers 5%Taxes and wages 6%Other 12%
Of this, €2.5m falls due within a year.
Staff
8.9 FTE from 20.8 in 2008
Between 2008 and 2023, 57% of the full-time equivalents disappeared.
No scoreTurnover not published (abbreviated or micro format)
Recent changes
Bankruptcy closure (by liquidation)
Enterprise Court of Hainaut, Tournai division · judgment of 28-10-2025 · Bankruptcy
Bankruptcy published
Enterprise Court of Hainaut, Tournai division · judgment of 19-09-2023 · Bankruptcy
Algemene Vergadering - Boekjaar
General meeting of 08-12-2022 · Gazette deed
Amendment of the articles
General meeting of 20-05-2021 · Gazette deed
Official details
Source: KBO- Status
- Inactivedeed of incorporation of 04-04-1997 · bankruptcy closed on 28-10-2025
- Activity
- “De fabricage, verkoop, verhuring, plaatsing en onderhoud van machines, apparaten en alle bijhorigheden speciaal…” (deed in Dutch)From the articles, 6 activitiesNo NACE code in the KBO yet
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
Insights on MAGEC
Equity fell from €1.3m in 2013 to -€16,258 in 2023, while debts rose from €3.6m to €4.8m.
On 19 September 2023 the court declared MAGEC bankrupt.
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 MAGEC
- What is the company number of MAGEC?
- The company number of MAGEC is 0460.234.316. The VAT number is the same number with BE in front: BE 0460.234.316.
- What is the legal form of MAGEC?
- Legal form of MAGEC: NV.
- Is MAGEC still active?
- No. MAGEC is inactive in the KBO register.Company details
- How many employees did MAGEC have?
- MAGEC had an average of 8.9 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of MAGEC?
- The annual accounts for financial year 2023 state no turnover. The abbreviated or micro format does not require it.
- Is MAGEC profitable?
- In financial year 2023, MAGEC made a loss of €1.2m.
- Where can I find the annual accounts of MAGEC?
- MAGEC filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2023.