MAGEC

Inactive KBO/BCE: BE 0460.234.316

MAGEC

Financial year 2023

Follow Report

Annual accounts 2023

micro format, filed on 26-09-2023, 127 days before the deadline

-€29,634

-€757,013

-€716,504

-€1.2m

-0.3%

1.89

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.

Money flows

no detail for 2023

Balance sheet

balance sheet total €4.9m on 30-06-2023

What the company ownsHow it is paid for

Staff

€74,373

Staff costs divided by the average number of full-time equivalents.

-7 people

people who joined people who left

In 2023, 2 people joined and 9 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2023	2021	2020	2019	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
`20/58`	4.9m	5.5m	6.2m	5.9m	5.5m	5.5m	5.5m	4.8m	4.9m	4.3m	4.1m	3.3m	2.9m	2.6m	2.3m
`21/28`	75,199	127,844	219,994	184,545	117,013	61,738	66,992	74,578	81,903	140,121	153,917	107,617	102,901	139,048	202,851
`21`	-	-	-	-	-	-	-	-	366	1,465	2,197	2,929	-	-	-
`22/27`	46,299	98,944	191,094	155,645	88,113	32,590	37,844	44,365	48,774	110,619	120,352	71,725	76,368	115,911	171,849
`23`	3,220	1,293	-	-	-	-	-	-	-	397	892	1,488	592	1,333	4,627
`24`	21,493	13,452	5,090	8,952	17,158	24,794	18,587	1,987	6,947	19,773	35,107	16,122	26,529	55,328	41,902
`25`	21,586	84,199	-	-	-	-	-	-	-	-	-	-	-	-	-
`26`	-	-	904	1,542	2,500	3,138	-	-	-	-	-	-	-	-	-
`28`	28,900	28,900	28,900	28,900	28,900	29,148	29,148	30,213	32,763	28,037	31,368	32,963	26,533	23,137	31,002
`29/58`	4.8m	5.4m	6.0m	5.7m	5.4m	5.4m	5.4m	4.7m	4.8m	4.2m	3.9m	3.1m	2.8m	2.5m	2.1m
`3`	4.6m	4.6m	4.8m	5.1m	4.5m	4.3m	4.2m	3.8m	3.4m	2.7m	2.2m	2.0m	1.5m	853,872	705,211
`30/36`	1.3m	1.3m	1.4m	1.4m	1.4m	1.3m	1.3m	979,162	894,327	422,228	496,811	562,670	501,339	358,215	346,957
`37`	3.3m	3.3m	3.4m	3.7m	3.2m	3.0m	2.9m	2.8m	2.5m	2.3m	1.7m	1.4m	993,671	495,657	358,254
`40/41`	190,987	631,159	848,069	441,686	684,670	941,016	1.1m	819,560	1.2m	1.3m	1.4m	1.0m	1.1m	1.4m	912,098
`40`	190,987	631,159	848,069	432,342	684,670	940,121	988,893	819,560	1.2m	1.1m	1.3m	956,164	1.1m	1.4m	840,125
`41`	-	-	0	9,344	-	895	66,358	-	9,279	140,149	80,474	65,026	7,816	7,993	71,973
`54/58`	7,294	32,826	235,572	76,510	164,120	132,075	167,283	32,865	173,566	117,768	274,448	120,723	177,340	194,382	455,262
`490/1`	-	156,230	100,213	102,149	25,584	18,298	20,902	22,428	23,607	31,303	25,496	21,858	6,331	8,249	9,305
Balance sheet: equity and liabilities
`10/49`	4.9m	5.5m	6.2m	5.9m	5.5m	5.5m	5.5m	4.8m	4.9m	4.3m	4.1m	3.3m	2.9m	2.6m	2.3m
`10/15`	-16,258	1.2m	1.2m	1.1m	1.1m	1.2m	1.2m	1.2m	1.3m	1.3m	1.2m	1.2m	1.1m	1.0m	928,011
`10/11`	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000
`10`	150,000	150,000	-	-	-	-	-	-	-	-	-	-	-	-	-
`100`	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000
`13`	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000
`130/1`	15,000	15,000	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000
`14`	-181,258	1.0m	1.0m	940,899	915,956	1.1m	1.0m	1.0m	1.1m	1.1m	1.1m	1.0m	936,411	872,776	763,011
`16`	40,928	33,070	12,313	-	19,619	4,793	8,968	13,294	44,425	105,873	73,981	52,112	26,040	63,691	42,709
`160/5`	40,928	33,070	12,313	-	19,619	4,793	8,968	13,294	44,425	105,873	73,981	52,112	26,040	63,691	42,709
`164/5`	40,928	33,070	12,313	0	19,619	4,793	-	-	-	-	-	-	-	-	-
`17/49`	4.8m	4.3m	5.0m	4.8m	4.4m	4.2m	4.3m	3.6m	3.6m	2.9m	2.8m	2.0m	1.8m	1.5m	1.3m
`17`	2.3m	1.9m	1.7m	1.7m	977,636	1.0m	1.0m	805,300	694,541	79,322	83,218	53,872	45,566	55,239	120,821
`170/4`	2.3m	1.9m	1.7m	1.7m	977,636	1.0m	1.0m	805,300	694,541	79,322	83,218	53,872	45,566	55,239	120,821
`42/48`	2.5m	2.4m	3.3m	3.1m	3.4m	3.2m	3.3m	2.7m	2.8m	2.8m	2.6m	1.9m	1.7m	1.4m	1.2m
`42`	335,298	57,547	88,799	173,741	133,075	106,443	111,419	140,294	93,905	57,791	42,699	44,094	39,773	48,915	57,595
`43`	1.5m	1.5m	1.6m	1.7m	1.9m	1.7m	1.6m	1.6m	1.4m	1.0m	1.1m	591,912	488,629	250,000	-
`430/8`	1.5m	1.5m	1.6m	1.7m	1.9m	1.7m	1.6m	1.6m	1.4m	1.0m	1.1m	591,912	488,629	250,000	-
`44`	242,699	534,155	1.0m	802,031	976,975	1.2m	1.2m	730,222	1.1m	736,885	676,555	593,341	538,163	513,507	649,845
`440/4`	242,699	534,155	1.0m	802,031	976,975	1.2m	1.2m	730,222	1.1m	736,885	676,555	593,341	538,163	513,507	649,845
`45`	277,760	290,425	479,073	354,977	282,120	112,918	196,780	214,921	239,042	220,331	251,128	214,568	215,617	214,924	206,115
`450/3`	84,731	108,130	289,297	261,512	118,870	18,951	82,901	89,318	105,281	64,009	26,616	1,613	31,440	29,095	426
`454/9`	193,029	182,295	189,776	93,465	163,250	93,967	113,879	125,603	133,761	156,322	224,512	212,955	184,177	185,829	205,689
`47/48`	199,968	14,924	95,488	104,933	110,991	109,159	100,646	54,565	51,715	764,754	572,749	455,203	394,103	351,203	249,602
`492/3`	23,157	23,157	23,156	23,156	23,156	23,156	22,375	24,451	49,039	52,103	52,687	71,079	75,807	55,791	30,029
Income statement
`70`	-	-	-	-	-	-	-	-	-	4.6m	5.5m	5.1m	3.7m	4.9m	6.0m
`76A`	-	-	-	-	1,484	-	-	-	-	-	-	-	-	-	-
`9900`	-29,634	1.1m	1.0m	1.5m	948,182	1.1m	1.0m	943,079	1.9m	1.4m	1.5m	1.4m	1.3m	1.5m	1.3m
`60/61`	-	-	-	-	-	-	-	-	-	3.8m	4.3m	4.2m	3.0m	3.5m	4.9m
`62`	661,921	1.1m	728,092	1.3m	1.0m	923,214	909,811	961,185	1.6m	1.1m	1.0m	938,182	960,825	1.0m	955,173
`630`	40,509	113,039	62,005	55,794	23,757	23,829	28,820	43,553	90,705	93,452	81,088	78,058	74,202	94,908	108,486
`631/4`	-	-	-	-	-	-	-	-	-2,559	123	15,142	8,654	5,029	2,381	-3,024
`635/8`	7,859	20,756	23,310	-30,615	-24,412	-4,175	-4,326	-31,131	-61,449	31,892	21,869	26,072	-37,651	20,982	-31,154
`640/8`	17,090	7,204	5,752	11,267	7,212	5,396	5,977	15,802	14,895	10,258	8,363	7,858	13,776	9,811	17,325
`66A`	-	-	639	30,622	1,714	-	340	50	420	450	690	695	420	1,551	989
`9901`	-757,013	-137,527	187,036	165,811	-72,359	104,588	84,879	-46,330	186,608	199,126	277,924	305,855	248,324	387,729	245,076
`75/76B`	135,290	394,921	196	105	2,284	3	9	424	786	2,161	1,758	979	9,324	13,226	7,707
`75`	290	-	196	105	800	3	9	424	786	2,161	1,758	979	9,324	13,226	7,707
`76B`	135,000	394,921	-	-	1,484	-	-	-	-	-	-	-	-	-	-
`65/66B`	581,070	248,914	81,192	139,908	69,968	75,617	63,336	66,234	151,965	110,846	82,716	68,790	56,964	56,915	65,716
`65`	203,107	168,213	80,553	109,286	68,254	75,617	63,336	66,234	151,965	110,846	82,716	68,790	56,964	56,915	65,716
`66B`	377,963	80,701	639	30,622	1,714	-	-	-	-	-	-	-	-	-	-
`9903`	-1.2m	8,480	106,040	26,008	-140,043	28,974	21,212	-112,190	35,009	89,991	196,276	237,349	200,264	342,489	186,078
`67/77`	-	13,312	20,572	1,065	3,320	576	398	-5,390	7,712	33,908	70,869	82,640	72,729	121,724	67,032
`9904`	-1.2m	-4,832	85,468	24,943	-143,363	28,398	20,814	-106,800	27,297	56,083	125,407	154,709	127,535	220,765	119,046
`9905`	-1.2m	-4,832	85,468	24,943	-143,363	28,398	20,814	-106,800	27,297	56,083	125,407	154,709	127,535	220,765	119,046
Appropriation of the result
`9906`	-181,258	1.0m	1.0m	940,899	915,956	1.1m	1.0m	1.0m	1.1m	1.1m	1.1m	1.1m	1.0m	983,776	822,411
`14P`	1.0m	1.0m	-	-	-	-	-	-	-	-	-	-	-	-	-
`694/7`	-	-	-	-	-	-	-	-	-	28,200	79,800	75,000	63,900	111,000	59,400
`694`	-	-	-	-	-	-	-	-	-	28,200	79,800	75,000	63,900	111,000	59,400
Social balance sheet
`9087`	8.9	15.8	15.4	16.2	15.8	16.5	16.2	15.6	18.2	18.9	18.5	18	19.1	20.8	19.6
Hours worked`1013`	9,472	25,983	20,044	37,728	24,909	25,404	24,825	24,034	42,586	28,775	29,061	26,488	28,662	33,025	32,715
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 9 older financial years (1998-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2023 (PDF), filed on 26-09-2023.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
30-06-2023	micro format	26-09-2023	2023-00456327	PDF
31-12-2021	abbreviated format	30-09-2022	2022-20448349	PDF
30-06-2020	abbreviated format	23-09-2020	2020-55500381	PDF
30-06-2019	abbreviated format	27-11-2019	2019-74500447	PDF
31-12-2017	abbreviated format	31-08-2018	2018-59800567	PDF
31-12-2016	abbreviated format	16-08-2017	2017-43900200	PDF
31-12-2015	abbreviated format	24-06-2016	2016-24300117	PDF
31-12-2014	abbreviated format	25-06-2015	2015-22200505	PDF
31-12-2013	abbreviated format	13-06-2014	2014-17900083	PDF
30-06-2012	abbreviated format	22-11-2012	2012-64600554	PDF
30-06-2011	abbreviated format	28-11-2011	2011-61900292	PDF
30-06-2010	abbreviated format	25-11-2010	2010-61800206	PDF
30-06-2009	abbreviated format	27-11-2009	2009-86900002	PDF
30-06-2008	abbreviated format	24-11-2008	2008-82500175	PDF
30-06-2007	abbreviated format	22-11-2007	2007-80600329	PDF
30-06-2006	abbreviated format	27-11-2006	2006-88302628	PDF
30-06-2005	abbreviated format	25-11-2005	2005-87100261	PDF
30-06-2004	abbreviated format	25-11-2004	2004-80804140	PDF
30-06-2003	abbreviated format	06-11-2003	2003-78204028	PDF
30-06-2002	abbreviated format	24-12-2002	2002-78700341	PDF
30-06-2001	abbreviated format	29-10-2001	2001-66803800	PDF
30-06-2000	abbreviated format	08-09-2000	2000-55500343	PDF
30-06-1999	abbreviated format	24-09-1999	1999-48602674	PDF
30-06-1998	abbreviated format	02-10-1998	1998-50802720	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2023	2021	2020	2019	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
-716,504	-24,488	249,041	221,605	-48,602	128,417	113,699	-2,777	277,313	292,578	359,012	383,913	322,526	482,637	353,562
-1.2m	108,207	147,473	80,737	-119,606	52,227	49,634	-63,247	118,002	149,535	206,495	232,767	201,737	315,673	227,532
78,530	20,889	97,454	124,102	79,901	18,575	22,299	42,226	46,661	82,986	128,984	94,017	49,943	39,889	187,848
-	-202,746	159,062	-	32,045	-35,208	134,418	-140,701	55,798	-156,680	153,725	-56,617	-17,042	-260,880	-
2.3m	3.0m	2.7m	2.6m	2.0m	2.2m	2.2m	1.9m	2.0m	1.4m	1.3m	1.3m	1.1m	1.1m	918,719
-	-	-	-	-	-	-	-	-	4.3%	5.1%	6.0%	6.7%	8.0%	4.1%
-0.3%	21.4%	19.2%	18.7%	19.7%	22.4%	21.7%	24.7%	26.3%	29.2%	30.2%	36.3%	37.7%	40.1%	40.6%
1.89	2.27	1.83	1.83	1.58	1.69	1.66	1.71	1.71	1.48	1.49	1.66	1.68	1.78	1.79
0.08	0.34	0.36	0.20	0.26	0.34	0.38	0.32	0.49	0.51	0.65	0.61	0.79	1.16	1.18
-	3.64	4.19	4.35	4.07	3.45	3.61	3.04	2.77	2.35	2.25	1.71	1.63	1.44	1.42
-	-0.4%	7.2%	2.3%	-13.3%	2.3%	1.7%	-9.1%	2.1%	4.5%	10.2%	13.1%	11.6%	21.3%	12.8%
-24.8%	-0.1%	1.4%	0.4%	-2.6%	0.5%	0.4%	-2.2%	0.6%	1.3%	3.1%	4.7%	4.4%	8.5%	5.2%
-3.53	-0.15	-	-	-	-	-	-	-	-	-	-	-	-	-
-	-	-	-	-	-	-	-	-	89 days	88 days	69 days	111 days	104 days	51 days
-	-	-	-	-	-	-	-	-	70 days	57 days	52 days	66 days	54 days	49 days

A ratio outside any meaningful range has been withheld (balance sheet total €4.9m, equity -€16,258).

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	30-06-2023	31-12-2021
Employees at the balance-sheet date	9	16
full-time	7	15
part-time	2	1
in full-time equivalents	8.4	15.6
	8.9	15.8
On a permanent contract	9	16
Joined	2	2
Left	9	3

Source: social balance sheet in the 2021 to 2023 annual accounts

Investments

fixed assets acquired

Item	30-06-2023	2021
Tangible fixed assets	€78,530	€20,889
	€40,509	€113,039

Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)

Public contracts

1 award · 2018

La fourniture et l'installation d'équipements de cuisine: Equipements et appareillages de cuisine

buyer: Asbl Les Jours PaisiblesFurniture, furnishings and cleaning productsawarded 29-06-2018€192,9885 tendersTED 353056-2018

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.

Insights on MAGEC

The operating result for 2023 is a loss of €757,013, against a loss of €137,527 in 2021. Comparable figures for the intervening years are unavailable.

Equity is negative. Debt (€4.8m) exceeds the balance-sheet total (€4.9m).