Equity
€22.2m ▼ 5.0%
MAGEGROUP paid out €2.6m in dividends. That is 183% of the 2025 profit.
MAGEGROUP
Lifetime
17 annual accounts with figures on one time axis, 48 filings since 1978peak €23.4m (2025)
€23.4m▲ 0.1%
lowest -€292,265 (2009)
€1.4m▼ 52.7%
peak €23.4m (2024)
€22.2m▼ 5.0%
€1.2m▲ 25×
peak 0.7 FTE (2009)
-not published
Board3 names since 2016
3 directorsEric DAMSEAUX and 2 others
Documentsfilings and deeds
30-07-20261 day before the deadline
2025financial year
Result from €3.0m to €1.4mDividend €2.6mDebts from €49,888 to €1.2mCash from €91,903 to €205,082
Key points
from the 2025 annual accountsFilings
48 annual accounts since 1978
Two of the last ten came late. The 2019 accounts came latest: 26 days after the end of the period.
Position in the sector
94.7%
Higher solvency than 95% of companies in land transport. Sector median 40.1% · 1,085 companies.
Net result -53%: one-off income
Checked score
94
Excellent
Financially stronger than 67% of medium-sized companies in land transport (NACE 49)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 275 companies (NACE 49, medium-sized).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025highest value
09-2025: 0.1%▼ -0.2 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.2%▲ +0.1 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.1%▼ -0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 3.43, cash €205,082
Sector: Land transport and transport via pipelines (NACE 49)
lowers risk
Founded in 1952
Size: turnover €361,000, total assets €23.4m
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, medium-sized). It does better than 97% of them on solvency, 80% on liquidity, 60% on profitability and 30% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit verdict
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.43, above the usual 1.5. Short-term debt is 5.2% and cash 0.9% of total assets. 5.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
21 days late
2023
7 days early
2022
5 days early
2021
30 days early
2020
11 days early
2019
26 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 1 day before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% 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 26 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0402326405
Amendment of the articles
Capital from FB 750,000 to FB 1,250,000 · Capital from FB 1,250,000 to FB 1,250,537 · Capital from €3,000,000 to €1,000,000 · General meeting of 24-11-2023 · Gazette deed
1 director appointed, 3 reappointments
Reappointments: François MAIRLOT, Philippe MAIRLOT and Eric DAMSEAUX · Appointment: François MAIRLOT (managing director) · Director discharge: Administrateurs · General meeting of 17-06-2022 · Gazette deed
First establishment
Rue d'Angoussart 60, Wavre
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MAGEGROUP Wavre | €361,000 | -2.1% | 94.7% | - |
| CASTELEIN STOR'IT Veurne | - | - | 76.6% | 11 |
| LOKAREA REAL ESTATE Schaerbeek | €340,552 | -94.1% | 82.7% | - |
| a.dk. - MOVES DEKEMPENEER Kortenberg | - | - | 63.7% | 17.1 |
| DEMOTRANS Brussels | - | - | 70.4% | - |
| CREST Evere | - | - | 34.4% | - |
| A. SOCQUET Grimbergen | €852,045 | 10.2% | 47.5% | 7.7 |
Grey: the largest companies of the sector (land transport (NACE 49)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as MAGEGROUP: removal services (NACE 49420). They are comparable in size and age: total assets between €2.6m and €14m, founded between 1987 and 2006.
Official details
Source: KBO- Status
- Active since 01-01-1952Normal situation
- Registered office
- 15 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Removal servicesNACE 49420and 1 other
- Establishment unit
- 2.105.173.0831301 Wavre, since 01-05-1974
- Financial year end
- 31 December
- Peppol
- Reachable since 02-12-2025
Annual accounts 2025
- €23.4m▲ 0.1%
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on MAGEGROUP
MAGEGROUP has existed since 1952. The present size dates from 2023. The balance sheet total rose that year from €8.1m to €22.1m.
The balance sheet total has grown every year since. Solvency fell in 2025 from 99.8% to 94.7% because of the dividend.
In October 2022, the Official Gazette published the appointment of François MAIRLOT as managing director.
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 MAGEGROUP
- What is the company number of MAGEGROUP?
- The company number of MAGEGROUP is 0402.326.405. The VAT number is the same number with BE in front: BE 0402.326.405.
- Where is MAGEGROUP based?
- The registered office is at Rue d'Angoussart 60, 1301 Wavre.Company details
- What does MAGEGROUP do?
- According to the KBO register, the main activity is removal services (NACE 49420).
- What is the legal form of MAGEGROUP?
- MAGEGROUP is a public limited company (NV).
- When was MAGEGROUP founded?
- MAGEGROUP was founded on 01-01-1952.
- Is MAGEGROUP still active?
- Yes, MAGEGROUP is an active enterprise in the KBO register.
- What is the turnover of MAGEGROUP?
- The turnover of MAGEGROUP was €361,000 in financial year 2025, according to the filed annual accounts.Financials
- Is MAGEGROUP profitable?
- In financial year 2025, MAGEGROUP made a profit of €1.4m.
- Where can I find the annual accounts of MAGEGROUP?
- MAGEGROUP filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MAGEGROUP due?
- MAGEGROUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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