MAGG
Annual accounts 2025
micro format, filed on 25-01-2026, 6 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €277,717 on 30-06-2025in euro
in euro
Position in the sector
-4.9%
Higher than 18% of 13,800 companies in 2025.
0.88
Higher than 23% of 13,181 companies in 2025.
-7.6%
Higher than 19% of 13,360 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom 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 |
277,717 | 187,046 | 97,673 | |
20 |
654 | 981 | 1,308 | |
21/28 |
19,601 | 7,733 | 10,792 | |
22/27 |
16,901 | 7,733 | 10,792 | |
24 |
16,901 | 7,733 | 10,792 | |
28 |
2,700 | - | - | |
29/58 |
257,462 | 178,332 | 85,573 | |
3 |
109,691 | 153,375 | 28,368 | |
30/36 |
109,691 | 153,375 | 28,368 | |
40/41 |
134,452 | 6,753 | 26,038 | |
40 |
131,432 | 6,753 | 7,288 | |
41 |
3,020 | - | 18,750 | |
54/58 |
13,295 | 18,205 | 31,092 | |
490/1 |
25 | - | 75 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
277,717 | 187,046 | 97,673 | |
10/15 |
-13,546 | 7,655 | 7,756 | |
10/11 |
3,000 | 3,000 | 3,000 | |
13 |
4,000 | 4,000 | 4,000 | |
133 |
4,000 | 4,000 | 4,000 | |
14 |
-20,546 | 655 | 756 | |
17/49 |
291,263 | 179,392 | 89,917 | |
42/48 |
291,263 | 179,392 | 89,917 | |
44 |
129,792 | 6,583 | 4,918 | |
440/4 |
129,792 | 6,583 | 4,918 | |
45 |
1,000 | 10,567 | 3,530 | |
450/3 |
- | 10,567 | 3,530 | |
454/9 |
1,000 | - | - | |
47/48 |
160,471 | 162,241 | 81,469 | |
| Income statement | ||||
9900 |
-18,203 | 4,936 | 7,872 | |
630 |
2,255 | 4,017 | 911 | |
640/8 |
691 | 587 | 363 | |
9901 |
-21,149 | 332 | 6,598 | |
75/76B |
235 | 6 | - | |
75 |
235 | 6 | - | |
65/66B |
345 | 116 | 42 | |
65 |
345 | 116 | 42 | |
9903 |
-21,259 | 222 | 6,556 | |
67/77 |
-58 | 323 | 1,800 | |
9904 |
-21,201 | -101 | 4,756 | |
9905 |
-21,201 | -101 | 4,756 | |
| Appropriation of the result | ||||
9906 |
-20,546 | 655 | 4,756 | |
14P |
655 | 756 | - | |
691/2 |
- | - | 4,000 | |
6921 |
- | - | 4,000 | |
| Document | ||||
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 2025 (PDF), filed on 25-01-2026.
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 |
|---|---|---|---|---|
| -18,894 | 4,349 | 7,509 | ||
| -18,946 | 3,916 | 5,667 | ||
| 18,338 | 631 | 11,377 | ||
| -4,910 | -12,887 | - | ||
| -33,801 | -1,059 | -4,344 | ||
| -4.9% | 4.1% | 7.9% | ||
| 0.88 | 0.99 | 0.95 | ||
| 0.51 | 0.14 | 0.64 | ||
| - | 23.44 | 11.59 | ||
| - | -1.3% | 61.3% | ||
| -7.6% | -0.1% | 4.9% | ||
| -54.83 | 37.65 | over 100 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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 | 30-06-2025 | 30-06-2024 | 30-06-2023 |
|---|---|---|---|
| Tangible fixed assets | €15,638 | €631 | €11,377 |
| Financial fixed assets | €2,700 | - | - |
| €2,255 | €4,017 | €911 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on MAGG
The operating result for 2025 is a loss of €21,149, after a profit of €332 in 2024. It is the lowest result since 2023.
Equity is negative. Debt (€291,263) exceeds the balance-sheet total (€277,717).