MAGECON
Annual accounts 2025
micro format, filed on 24-02-2026, 157 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €660,000. Estimated: probably between €460,000 and €860,000.
Balance sheet
balance sheet total €718,233 on 31-12-2025in euro
in euro
Position in the sector
72.9%
Higher than 71% of 11,794 companies in 2025.
3.51
Higher than 70% of 11,521 companies in 2025.
25.5%
Higher than 73% of 11,605 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
718,233 | 566,316 | 274,226 | |
21/28 |
70,552 | 83,905 | 1,197 | |
22/27 |
70,552 | 83,905 | 1,197 | |
24 |
66,799 | 82,982 | - | |
26 |
3,753 | 923 | 1,197 | |
29/58 |
647,681 | 482,412 | 273,029 | |
40/41 |
30,242 | 30,799 | 29,850 | |
40 |
30,242 | 30,771 | 29,850 | |
41 |
- | 29 | - | |
50/53 |
390,713 | 357,856 | 117,500 | |
54/58 |
225,551 | 90,660 | 123,365 | |
490/1 |
1,176 | 3,097 | 2,314 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
718,233 | 566,316 | 274,226 | |
10/15 |
523,827 | 340,217 | 171,615 | |
10/11 |
15,000 | 15,000 | 15,000 | |
13 |
508,827 | 325,217 | 156,615 | |
133 |
508,827 | 325,217 | 156,615 | |
17/49 |
194,406 | 226,099 | 102,611 | |
17 |
10,096 | 26,878 | - | |
170/4 |
10,096 | 26,878 | - | |
42/48 |
184,310 | 199,220 | 102,611 | |
42 |
16,782 | 16,139 | - | |
44 |
2,366 | 6,644 | 3,571 | |
440/4 |
2,366 | 6,644 | 3,571 | |
45 |
161,061 | 164,715 | 90,421 | |
450/3 |
157,711 | 161,365 | 87,121 | |
454/9 |
3,350 | 3,350 | 3,300 | |
47/48 |
4,102 | 11,722 | 8,619 | |
| Income statement | ||||
9900 |
263,635 | 248,501 | 223,932 | |
630 |
18,751 | 8,008 | 175 | |
640/8 |
881 | 628 | 251 | |
9901 |
244,003 | 239,865 | 223,506 | |
75/76B |
5,138 | 4,272 | 551 | |
75 |
5,138 | 4,272 | 551 | |
65/66B |
1,901 | 1,788 | 182 | |
65 |
1,901 | 1,788 | 182 | |
9903 |
247,240 | 242,349 | 223,876 | |
67/77 |
63,793 | 73,747 | 67,261 | |
9904 |
183,447 | 168,603 | 156,615 | |
9905 |
183,447 | 168,603 | 156,615 | |
| Appropriation of the result | ||||
9906 |
183,447 | 168,603 | 156,615 | |
691/2 |
183,447 | 168,603 | 156,615 | |
6921 |
183,447 | 168,603 | 156,615 | |
| Document | ||||
The notes to these accounts have 6 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 2025 (PDF), filed on 24-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 262,754 | 247,873 | 223,681 | ||
| 202,198 | 176,610 | 156,790 | ||
| 5,399 | 90,715 | 1,372 | ||
| 134,891 | -32,705 | - | ||
| 463,371 | 283,191 | 170,418 | ||
| 72.9% | 60.1% | 62.6% | ||
| 3.51 | 2.42 | 2.66 | ||
| 0.37 | 0.66 | 0.60 | ||
| 35.0% | 49.6% | 91.3% | ||
| 25.5% | 29.8% | 57.1% | ||
| over 100 | over 100 | over 100 |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €5,399 | €90,715 | €1,372 |
| €18,751 | €8,008 | €175 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on MAGECON
The operating result for 2025 is 2% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 39.9% to 27.1%. Equity is higher and debt is lower.