MAGEGA
ActiveSummary
MAGEGA has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.7m and a net result of €324,686. Equity remains stable across the filed fiscal years (±1.6% per year). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability46=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €600,000 at 30 days acceptable
Liquidity ample (current ratio 4.54 against 3.75 in 2024; short-term debt: 2.9% and cash: 0.1% of total assets), and 2.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.1%
Return on assets
3.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 19-03-2026, 134 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
134 d early
2024
127 d early
2023
29 d early
2022
81 d early
2021
90 d early
2020
93 d early
2019
87 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 92 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€324,686▼ 2.2%
2024 · €332,070
Working capital
€1.0m▲ 6.5%
2024 · €975,914
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€20,545▲ 14.1%-€21,893▼ 6.6%-€20,720▲ 5.4%-€23,460▼ 13.2%-€21,074▲ 10.2%
Net result€407,257▲ 55.7%€468,793▲ 15.1%€320,560▼ 31.6%€332,070▲ 3.6%€324,686▼ 2.2%
Equity€9.5m▲ 4.5%€9.6m▲ 0.1%€9.6m▲ 0.4%€9.6m▲ 0.2%€9.7m▲ 0.7%
Total assets€9.6m▲ 4.2%€9.9m▲ 2.7%€10.1m▲ 3.0%€10.0m▼ 1.8%€10.0m=
Debt€45,631▼ 26.3%€296,230▲ 549%€555,114▲ 87.4%€354,432▼ 36.2%€293,506▼ 17.2%
Working capital€911,010▲ 80.8%€920,859▲ 1.1%€954,483▲ 3.7%€975,914▲ 2.2%€1.0m▲ 6.5%
Staff (FTE)000
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21,074 in 2025 against €23,460 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.0m
Fixed assets
€8.6m =
Current assets
€1.3m ▲ 0.2%
Equity and liabilities €10.0m
Equity
€9.7m ▲ 0.7%
Debt
€293,506 ▼ 17.2%
Debt's share of the balance-sheet total falls from 3.6% to 2.9%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
4.54▲
2024 · 3.75
Debt to equity
0.03▼
2024 · 0.04
ROE
3.4%▼
2024 · 3.5%
ROA
3.3%▼
2024 · 3.3%
Debt ≤ 1 year
€293,506▼
2024 · €354,432
Income taxes
€32,469▼
2024 · €33,207
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €868 | €868 | €960 | €968 | €998 | ▲ 3.2% |
| Gross operating margin9900 | -€19,677 | -€21,025 | -€19,760 | -€22,492 | -€20,075 | ▲ 10.7% |
| Operating profit (loss)9901 | -€20,545 | -€21,893 | -€20,720 | -€23,460 | -€21,074 | ▲ 10.2% |
| Financial income75/76B | €470,363 | €540,415 | €373,711 | €388,888 | €414,453 | ▲ 6.6% |
| Recurring financial income75 | €470,363 | €540,415 | €373,711 | €388,888 | €414,453 | ▲ 6.6% |
| Financial charges65/66B | €1,836 | €2,849 | €375 | €151 | €36,224 | ▲ 23,904% |
| Recurring financial charges65 | €1,836 | €2,849 | €375 | €151 | €36,224 | ▲ 23,904% |
| Profit (loss) for the period before taxes9903 | €447,983 | €515,673 | €352,616 | €365,277 | €357,155 | ▼ 2.2% |
| Income taxes67/77 | €40,726 | €46,879 | €32,056 | €33,207 | €32,469 | ▼ 2.2% |
| Profit (loss) for the period9904 | €407,257 | €468,793 | €320,560 | €332,070 | €324,686 | ▼ 2.2% |
| Profit (loss) for the period to be appropriated9905 | €407,257 | €468,793 | €320,560 | €332,070 | €324,686 | ▼ 2.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9.6m | €9.9m | €10.1m | €10.0m | €10.0m | = |
| Fixed assets21/28 | €8.6m | €8.6m | €8.6m | €8.6m | €8.6m | = |
| Financial fixed assets28 | €8.6m | €8.6m | €8.6m | €8.6m | €8.6m | = |
| Current assets29/58 | €956,641 | €1.2m | €1.5m | €1.3m | €1.3m | ▲ 0.2% |
| Amounts receivable within one year40/41 | - | - | €5,532 | €9,584 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | €5,532 | €9,584 | €0 | ▼ 100% |
| Current investments50/53 | - | - | - | - | €1.3m | - |
| Cash at bank and in hand54/58 | €956,641 | €1.2m | €1.5m | €1.3m | €11,512 | ▼ 99.1% |
| Deferred charges and accrued income490/1 | - | - | - | - | €2,582 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9.6m | €9.9m | €10.1m | €10.0m | €10.0m | = |
| Equity10/15 | €9.5m | €9.6m | €9.6m | €9.6m | €9.7m | ▲ 0.7% |
| Contributions10/11 | €7.1m | €7.1m | €7.1m | €7.1m | €7.1m | = |
| Reserves13 | €2.4m | €2.4m | €2.5m | €2.5m | €2.5m | ▲ 2.6% |
| Non-distributable reserves130/1 | €0 | - | - | - | - | - |
| Reserves not available under the articles1311 | €0 | - | - | - | - | - |
| Distributable reserves133 | €2.4m | €2.4m | €2.5m | €2.5m | €2.5m | ▲ 2.6% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €45,631 | €296,230 | €555,114 | €354,432 | €293,506 | ▼ 17.2% |
| Amounts payable within one year42/48 | €45,631 | €296,230 | €555,114 | €354,432 | €293,506 | ▼ 17.2% |
| Trade debts44 | €3,523 | €2,080 | €1,868 | €3,742 | €2,480 | ▼ 33.7% |
| Suppliers440/4 | €3,523 | €2,080 | €1,868 | €3,742 | €2,480 | ▼ 33.7% |
| Taxes, remuneration and social security45 | €41,826 | €47,979 | €33,156 | €34,307 | €23,742 | ▼ 30.8% |
| Taxes450/3 | €40,726 | €46,879 | €32,056 | €33,207 | €21,542 | ▼ 35.1% |
| Remuneration and social security454/9 | €1,100 | €1,100 | €1,100 | €1,100 | €2,200 | ▲ 100% |
| Other amounts payable47/48 | €282 | €246,171 | €520,090 | €316,383 | €267,284 | ▼ 15.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €407,257 | €468,793 | €320,560 | €332,070 | €324,686 | ▼ 2.2% |
| Operating cash flow (approximation) | €407,257 | €468,793 | €320,560 | €332,070 | €324,686 | ▼ 2.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €260,449 | €286,976 | -€183,304 | -€1.3m | ▼ 614% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
11-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €468,793 ▲15.1%
Net result €468,793, the highest in the series.
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity doublescurrent ratio 20.96
Current ratio from 9.14 to 20.96; short-term debt falls from €61,904 to €45,631.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €261,540 ▼15.8%
Net result drops to €261,540, the lowest in the series; recovery starts the following year.
05-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity times 9current ratio 8.01
Current ratio from 0.89 to 8.01; short-term debt falls from €621,187 to €34,574.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
14-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tournai · 1 establishment unit since 2012
Ground area
1,912 m²
Building footprint
264 m²
Volume, LiDAR
1,228 m³
Parcel 57078E0009/00E000, Wallonia · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Cazeau(TEM) 47, 7520 Tournai
since 20122.226.585.708
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57078E0009/00E000 | Wallonia | 1,911 m² | 1 · 263 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2021 list no shareholders, and no other source names one.
Holdings 1
- J.P.J.SFRSourceown accounts 20211.56%
According to the 2021 annual accounts of MAGEGA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
699400LJ1WN3ZQRHXP77
Identification & contact
Identification
Legal formPrivate limited company
Founded06-12-2012
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.