Equity
-€126,362
Debts exceed assets in financial year 2025.
MAGEX
Lifetime
18 annual accounts with figures on one time axispeak €16,063 (2025)
€16,063▲ 895%
lowest -€16,345 (2013)
-€130▲ €12,854
peak €5,101 (2008)
-€126,362▼ €130
€422,135▼ 2.2%
Board1 name since 2021
1 director
Documentsfilings and deeds
24-04-202698 days before the deadline
2025micro format
Gross margin from €1,614 to €16,063Loss of €130
Key points
from the 2025 annual accountsLosses
-€98,509 in ten years
Every financial year from 2016 to 2025 closed with a loss. 2021 was the heaviest.
Turnover
≈ €86,000 estimated
The micro format states no turnover.
Debts
€422,135 143% of the balance sheet
Suppliers 0%Taxes and wages 0%Other 100%
Of this, €29,856 falls due within a year.
Filings
18 annual accounts since 2008
The 2016 accounts came 9 days late. The other nine of the last ten were filed on time.
Position in the sector
-€126,362
Less equity than 95% of companies in office administrative support. Sector median €54,787 · 10,264 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,333 companies had the same profile as MAGEX has now. Each dot stands for 6 companies, two years later.
90.5%
were still trading
5.9%
stopped another way
2.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,333 companies, not a prediction for MAGEX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0893449875
Change of role: , from manager to director
“Het verlenen van diensten, zoals het managen, verlenen van advies en bijstand, supervisie en werkzaamheden die…” (deed in Dutch) · Director discharge: · General meeting of 22-03-2023 · Gazette deed
Incorporation
published on 26-11-2007 · Gazette deed
First establishment
MAGEX BVBA, Prins Leopoldlei 90, Mortsel
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as MAGEX: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €184,000 and €362,000, founded between 2005 and 2012.
Official details
Source: KBO- Status
- Active since 14-11-2007Normal situation
- Activity
- Office administrative and support servicesNACE 82100and 1 other
- Establishment unit
- 2.168.741.7372640 Mortsel, since 07-11-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 31-10-2025
Annual accounts 2025
- €295,773▼ 3.1%
- Filing
- Filed on 24-04-2026, 98 days before the end of the filing period
Insights on MAGEX
MAGEX files the micro format. That format states no turnover. The gross margin rose from €4,603 in 2008 to €16,063 in 2025.
The balance sheet grew most in 2013 through fixed assets.
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 MAGEX
- What is the company number of MAGEX?
- The company number of MAGEX is 0893.449.875. The VAT number is the same number with BE in front: BE 0893.449.875.
- Where is MAGEX based?
- The registered office is at Prins Leopoldlei 90, 2640 Mortsel.Company details
- What does MAGEX do?
- According to the KBO register, the main activity is office administrative and support services (NACE 82100).
- What is the legal form of MAGEX?
- MAGEX is a private limited company (BV).
- When was MAGEX founded?
- MAGEX was founded on 14-11-2007.
- Is MAGEX still active?
- Yes, MAGEX is an active enterprise in the KBO register.
- What is the turnover of MAGEX?
- The turnover in financial year 2025 is ≈ €86,000. This figure is estimated from the gross margin of €16,063 and 44 comparable companies (NACE 82100). It probably lies between €51,000 and €150,000. It is a rough estimate.Financials
- Is MAGEX profitable?
- In financial year 2025, MAGEX made a loss of €130.
- Where can I find the annual accounts of MAGEX?
- MAGEX filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MAGEX due?
- MAGEX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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