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MAGI CONSTRUCT

Active Private limited companyfounded 2009active for 17 yearsRingaertstraat 12, 8820 TorhoutKBO/BCE: BE 0809.523.101 subsidiary of MAGI
MAGI CONSTRUCT
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Overview

Lifetime

16 annual accounts with figures on one time axis
peak €1.1m (2023)
€352,786▼ 14.7%
lowest -€623 (2014)
€8,492▼ 88.4%
peak €208,361 (2025)
€208,361▲ 4.2%
€448,293▼ 47.6%
peak 7.6 FTE (2022)
5.9 FTE▲ 1.7%
Board1 name since 2019
1 directorMAGI BV
Owners
100%MAGI
Documentsfilings and deeds
13-01-202618 days before the deadline
2025abbreviated format
Gross margin from €413,624 to €352,786Result from €73,368 to €8,492Debts from €855,169 to €448,293

Key points

from the 2025 annual accounts

Equity

€208,361 ▲ 4.2%

MAGI CONSTRUCT has made a profit without a break since 2015.

Result

€8,492 ▼ 88.4%
€73,4002024€8,4902025

The result fell in 2025 from €73,368 to €8,492.

Turnover

≈ €830,000 estimated

The abbreviated format states no turnover.

Investments

€15,633 3.2 × depreciation
2022202320242025

Green is investment, beige is depreciation.

Staff

5 employees on 30-06-2025
56552022222620231092024232025

In 2025, 2 people joined and 3 left.

Filings

16 annual accounts since 2010
deadline2010201520202025

Two of the last ten came late. The 2019 accounts came latest: 26 days after the end of the period.

Checked score

66
Healthy
Financially stronger than 31% of micro companies in fabricated metal products (NACE 25)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.5% across 3,710 companies (NACE 25, micro).

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 2.0% 01-2025: 2.0%● unchanged vs 12-2024highest value 02-2025: 0.9%▼ -1.1 percentage points vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 0.9%● unchanged vs 06-2025 08-2025: 0.9%● unchanged vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 1.0%▲ +0.1 percentage points vs 09-2025 11-2025: 1.2%▲ +0.2 percentage points vs 10-2025 12-2025: 1.4%▲ +0.2 percentage points vs 11-2025 01-2026: 1.6%▲ +0.2 percentage points vs 12-2025 02-2026: 0.7%▼ -0.9 percentage points vs 01-2026lowest value 03-2026: 0.7%● unchanged vs 02-2026lowest value 04-2026: 0.7%● unchanged vs 03-2026lowest value 05-2026: 0.7%● unchanged vs 04-2026lowest value 06-2026: 0.7%● unchanged vs 05-2026lowest value 07-2026: 0.7%● unchanged vs 06-2026lowest value 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.9%▲ +0.2 percentage points vs 09-2026 11-2026: 0.9%● unchanged vs 10-2026

Financial strength
Weak

57+13equity 31.7% of total assets
37+16short-term debt 66.6% · cash 17.6%
37-40return on assets 1.3%

Score breakdown

raises risk
1 change of registered office in 24 months
Size: 5.9 FTE, total assets €656,654
lowers risk
Liquidity: current ratio 1.49, cash €115,762
Figures for financial year 2025 (filed on 13-01-2026)
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 25, micro). It does better than 34% of them on solvency, 24% on liquidity, 18% on profitability and 48% on growth.

The bankruptcy probability was computed on 07-11-2026 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 30-06-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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).

Comparable companies, two years later

In July 2024, 10,904 companies had the same profile as MAGI CONSTRUCT has now. Each dot stands for 28 companies, two years later.

95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of MAGI CONSTRUCT itself: 0.9% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 10,904 companies, not a prediction for MAGI CONSTRUCT. 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

Credit of up to €13,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.49 (1.13 in 2024), below the usual 1.5. Short-term debt is 66.6% and cash 17.6% of total assets. 68.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 1.49, cash €115,762
NBB · annual accounts
raises risk · Size: 5.9 FTE, total assets €656,654
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 13-01-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 13-01-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 days early
2024
7 days early
2023
on the day
2022
on the day
2021
on the day
2020
26 days late
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 4 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end08-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MB
MAGI BV
Director, since 23-09-2019
  • MAGI 100%score 87equity €3.2m (2025) · 2025 annual accounts of MAGI
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0809523101
Registered office moved from Jabbeke to Torhout New registered office: Ringaertstraat 12, 8820 Torhout · Previous registered office: Oude Stokerijstraat 27, 8490 Jabbeke · Board meeting of 04-11-2024 · Gazette deed
Environmental permit granted Bouwen of herbouwen · Torhout
First establishment Ringaertstraat 12, Torhout
All 27 events

Comparable companies

same main activity, similar in size and age
Company
MAGI CONSTRUCT Torhout €0.7m €352,786 31.7% 5.9
LW CONSTRUCT Ypres €1.1m €301,430 44.8% 6.9
STR Schweisstechnik ROTHEUDT Eupen €0.8m €397,901 56.0% 6.2
MEUWES LASWERKEN Heusden-Zolder €0.5m €391,806 -30.4% 6
VR MACHINING Burdinne €0.6m €424,304 38.9% 7.5
FREMATT Hoogstraten €0.5m €453,241 19.2% 6
Vanbael Construct & Maintenance Beringen €0.5m €220,689 71.4% 5.9

These companies have the same main activity as MAGI CONSTRUCT: machining of metals (NACE 25530). They are comparable in size and age: total assets between €511,000 and €1.1m, founded between 2006 and 2010.

Official details

Source: KBO
Status
Active since 29-01-2009Normal situation
Activity
Machining of metalsNACE 25530and 1 other
Establishment unit
2.238.575.4038820 Torhout, since 01-08-2014
Financial year end
30 June
Peppol
Reachable since 08-12-2025
Company details

Annual accounts to 30-06-2025

€352,786▼ 14.7%
€8,492▼ 88.4%
€208,361▲ 4.2%
€656,654▼ 37.8%
Employeeson 30-06-2025
5▼ 16.7%
Filing
Filed on 13-01-2026, 18 days before the end of the filing period
Financials

Insights on MAGI CONSTRUCT

MAGI CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin rose from €141,691 in 2010 to €352,786 in 2025.

MAGI holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 13-01-2026, 18 days before the deadline
€352,786
▼ 14.7%
€26,506
▼ 75.4%
€8,492
▼ 88.4%
€215,948
▲ 95.3%
31.7%
▲ 12.8 percentage points
1.49
▲ 0.36

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €830,000. Estimated: probably between €500,000 and €1.4m.

Balance sheet

balance sheet total €656,654 on 30-06-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

31.7%

Higher than 32% of 1,245 companies in 2025.

1.49

Higher than 40% of 1,226 companies in 2025.

1.3%

Higher than 30% of 1,244 companies in 2025.

MAGI CONSTRUCT Middle half of the sector 80% of the sector Abbreviated accounts in fabricated metal products (NACE 25)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half

Staff

€52,101

Staff costs divided by the average number of full-time equivalents.

-1 person

people who joined people who left

In 2025, 2 people joined and 3 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010
Balance sheet: assets
20/58 656,6541.1m978,614815,166711,303476,030885,467414,292533,572472,384269,852794,525329,376387,042213,201250,405
21/28 3,35789,2966,60315,54174,607113,84920,41714,91915,55632,16830,991336,80518,4964,0221,617-
22/27 3,35789,2966,60315,54174,607113,84920,41714,91915,55632,16830,991336,80518,4964,0221,617-
23 2,74388,5156,60314,26272,061110,03114,68110,5597,48213,04915,578331,13210,973196327-
24 --01,2792,5453,8185,7364,3608,07519,12015,4135,6737,5233,8261,290-
26 614781--------------
29/58 653,297965,742972,012799,625636,696362,181865,050399,373518,015440,215238,861457,720310,880383,020211,584250,405
3 120,00069,75032,44832,44891,82431,82431,82431,82424,99523,45538,19258,88860,21649,84023,21265,712
30/36 120,00069,75032,44832,44891,82431,82431,82431,82424,99523,45538,19258,88860,21649,84023,21265,712
40/41 411,317765,966819,193724,225310,553229,087719,925261,628382,889340,011159,374266,434208,360325,756171,986160,191
40 389,656326,437242,320562,597248,030224,663285,65266,394102,479159,032137,548263,326208,360325,756171,986160,191
41 21,661439,529576,872161,62862,5234,424434,273195,234280,411180,97821,8253,108----
54/58 115,762126,697114,31935,461228,34188,500113,301105,921110,13076,74941,295132,39842,3047,42316,38624,502
490/1 6,2183,3296,0527,4925,97812,769----------
Balance sheet: equity and liabilities
10/49 656,6541.1m978,614815,166711,303476,030885,467414,292533,572472,384269,852794,525329,376387,042213,201250,405
10/15 208,361199,869126,501117,049116,46216,64713,82511,8169,1248,5978,6008,9089,5318,9558,6868,355
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ------12,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
13 202,161193,669120,301110,849110,26210,4471,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
130/1 -----0----------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 -----0----------
133 202,161193,669120,301110,849110,26210,447----------
14 -000-05,7653,7561,0645375408481,471895626295
17/49 448,293855,169852,113698,117594,840459,383871,643402,476524,447463,786261,252785,617319,845378,087204,515242,050
17 --------3,3537,38111,222-----
170/4 --------3,3537,38111,222-----
42/48 437,349855,169852,113698,117594,840459,383871,643402,476521,094456,405250,030785,617319,845378,087204,515242,050
42 ---020,467-03,3533,9663,8423,842-----
43 --------1,3921,3921,3921,6922,0522,052--
430/8 --------1,3921,3921,3921,6922,0522,052--
44 243,157193,136181,236214,363251,634111,801458,78277,585106,430134,53585,978102,30159,03663,91934,70525,666
440/4 243,157193,136181,236214,363251,634111,801458,78277,585106,430134,53585,978102,30159,03663,91934,70525,666
45 100,87755,23967,695118,46750,61976,16264,20641,72654,72451,78635,89932,17533,36522,35920,60724,201
450/3 59,15414,46640,49759,56118,94045,97934,9937,18527,25831,82214,73313,11612,97613,24111,81724,201
454/9 41,72340,77327,19858,90531,67930,18329,21334,54127,46619,96421,16719,05820,3899,1188,790-
47/48 93,315606,794603,182365,288272,120271,420348,654279,812354,581264,850122,919649,449225,392289,757149,204192,183
492/3 10,944---------------
Income statement
76A ----------35,000--1,0002,0001,500
9900 352,786413,6241.1m778,885517,185452,187602,378606,898581,078394,366286,678298,418302,634304,04889,251141,691
62 307,399281,823408,995391,746314,034298,310281,180324,338216,364204,936230,538234,681193,039191,61452,879-
630 4,9577,7649,64317,28144,03820,56610,8749,59112,01213,37711,36343,1515,9752,6821,078850
640/8 13,92416,3847,4187,5443,0575,9885,8452,0261,6491,9075001,2694,4961,6721,034280
9901 26,506107,653628,173362,313156,056127,322304,479270,942351,053174,14644,27819,31799,124108,08034,260140,561
75/76B 3,4401,0791,3097724233,7829831,95637964613,1351,37618790676414
75 3,4401,0791,3097724233,7829831,95637964613,1351,37618790676414
65/66B 15,64512,52136,19423,51720,97410,16212,45416,22223,89321,74015,23419,4961,7363,8062,8104,921
65 15,64512,52136,19423,51720,97410,16212,45416,22223,89321,74015,23419,4961,7363,8062,8104,921
9903 14,30196,210593,288339,568135,504120,942293,009256,676327,539153,05277,1791,19797,576106,18034,214137,155
67/77 5,80922,8438,8363,98135,6888,1206,0003,9852,0123,0542,4871,820-911883-
9904 8,49273,368584,452335,58799,816112,822287,009252,691325,527149,99874,692-62397,576105,27033,331137,155
9905 8,49273,368584,452335,58799,816112,822287,009252,691325,527149,99874,692-62397,576105,27033,331137,155
Appropriation of the result
9906 8,49273,368584,452335,58799,816118,587290,765253,756326,064150,53775,54084898,471105,89533,626137,155
691/2 8,49273,3689,45258799,8168,587---------1,860
691 ----99,5188,587----------
6920 ---------------1,860
6921 8,49273,3689,452587298-----------
694/7 -0575,000335,0000110,000285,000250,000325,000150,00075,000-97,000105,00033,000135,000
695 -0575,000335,0000110,000285,000250,000325,000150,00075,000-97,000105,00033,000135,000
Social balance sheet
9087 5.95.86.87.66.96.36.46.74.64.25.15.34.94.71.3-
Hours worked1013 9,2799,01511,41213,09111,69110,70311,24011,3407,6457,0277,9617,9318,3077,8022,289-
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 10 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 13-01-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-06-2025 abbreviated format 13-01-2026 2026-00006603 PDF
30-06-2024 abbreviated format 24-01-2025 2025-00009438 PDF
30-06-2023 abbreviated format 31-01-2024 2024-00015269 PDF
30-06-2022 abbreviated format 31-01-2023 2023-00011803 PDF
30-06-2021 abbreviated format 31-01-2022 2022-03800597 PDF
30-06-2020 abbreviated format 26-02-2021 2021-06100548 PDF
30-06-2019 abbreviated format 26-02-2020 2020-05600582 PDF
30-06-2018 abbreviated format 31-01-2019 2019-03500296 PDF
30-06-2017 abbreviated format 12-01-2018 2018-01400052 PDF
30-06-2016 abbreviated format 13-01-2017 2017-01200505 PDF
30-06-2015 abbreviated format 09-01-2016 2016-00900487 PDF
30-06-2014 abbreviated format 12-01-2015 2015-01100225 PDF
30-06-2013 abbreviated format 24-02-2014 2014-05400252 PDF
30-06-2012 abbreviated format 15-02-2013 2013-03800149 PDF
30-06-2011 abbreviated format 15-02-2012 2012-03200501 PDF
30-06-2010 abbreviated format 15-02-2011 2011-03300123 PDF

Subsidies and aid

Flemish government 2024, 1 entry, €99 awarded, €99 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€99

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010
31,463115,417637,816379,594200,094147,888315,353280,534363,065187,52355,64162,468105,099110,76235,338141,411
13,44981,132594,095352,868143,854133,389297,883262,283337,539163,37586,05542,528103,551107,95134,409138,005
15,63390,45870511,9164,795113,99916,3728,9541,24014,55420,550361,46020,4499,5872,695850
-10,93512,37878,859-192,881139,841-24,8017,380-4,20933,38135,454-91,10390,09434,881-8,963-8,116-
215,948110,573119,899101,50841,856-97,203-6,592-3,103-3,079-16,190-11,169-327,897-8,9654,9337,0698,355
31.7%18.9%12.9%14.4%16.4%3.5%1.6%2.9%1.7%1.8%3.2%1.1%2.9%2.3%4.1%3.3%
1.491.131.141.151.070.790.990.990.990.960.960.580.971.011.031.03
1.221.051.101.100.920.720.960.910.950.910.800.510.780.880.920.76
2.154.286.745.965.1127.6063.0534.0657.4853.9430.3888.1933.5642.2223.5528.97
4.1%36.7%462.0%286.7%85.7%677.7%----868.5%-7.0%--383.7%-
1.3%7.0%59.7%41.2%14.0%23.7%32.4%61.0%61.0%31.8%27.7%-0.1%29.6%27.2%15.6%54.8%
2.019.2217.6216.14------------

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.

Social balance sheet

Item30-06-202530-06-202430-06-202330-06-2022
Employees at the balance-sheet date5659
full-time5659
part-time0000
in full-time equivalents5659
5.95.86.87.6
On a permanent contract5557
Joined2102256
Left392655
Training hours-0--

Source: social balance sheet in the 2022 to 2025 annual accounts

Investments

fixed assets acquired
Item30-06-202530-06-202430-06-202330-06-2022
Tangible fixed assets€15,633€90,458€705€11,916
€4,957€7,764€9,643€17,281

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on MAGI CONSTRUCT

The operating result for 2025 is 75% lower than in 2024 and the lowest since 2014. It is the second fall in a row.

Debt's share of the balance-sheet total falls from 81.1% to 68.3%. Equity is higher and debt is lower.

Board & ownership

Board

1 director
MAGI BV
Director
since 23-09-2019
listed in the 2025 annual accounts, filed on 13-01-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
MAGI BV
Director
Board
Mandates as a list
  • MAGI BV
    • Director, from 23-09-2019 to date

See the board, name and registered office on a given date →

Control

Parent
MAGI
Equity €3.2m
Profit €173,785 in 2025 (profit €1.2m in 2024)
Checked score 87
Source: accounts MAGI 2025
100%
This company
MAGI CONSTRUCT
Equity €208,361
Profit €8,492 in 2025

Capital

Contribution
€6,200
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
MAGI
100%
100%
Owners as a list

Source: lists of holdings in the owners' accounts

Network & group

Group

MAGI has 2 holdings (2025 accounts), the bar shows equity in euros
ParentMAGI2 holdings, 1 country 2025 accounts

Belgium 2 Equity Result

  • BE Magi Construct €208,361 result €8,492
  • BE Packo Immo33% €667,945 result -€10,228

Source: list of holdings in the 2025 accounts of MAGI. Every holding stands with its own latest accounts.

Board mandates elsewhere

1 board mandate
Board mandates of MAGI CONSTRUCTMAGI CONSTRUCT sits on their board1
CLUSTA
Director
Founded in 1995 · total assets €653,115 (2023) · accounts filed late

Connections & network

1 current director
Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

27 events since 2009

Deadline for the 2026 accounts: 31-01-2027

2026
Annual accounts 2025 filed PDFabbreviated format · 18 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0809523101
Equity above €200,000 equity €208,361 ▲4.2% After 11 profitable years in a row, equity reaches €208,361.
Annual accounts 2024 filed PDFabbreviated format · 7 days before the deadline
2024
Registered office moved from Jabbeke to TorhoutNew registered office: Ringaertstraat 12, 8820 Torhout · Previous registered office: Oude Stokerijstraat 27, 8490 Jabbeke · Board meeting of 04-11-20242 points ▸
  • Board meeting, 04-11-2024
  • Registered-office move, Ringaertstraat 12, 8820 Torhout

Open the deed in the Belgian Official Gazette

Equity above €150,000 equity €199,869 ▲58% After 10 profitable years in a row, equity reaches €199,869.
Annual accounts 2023 filed PDFabbreviated format · on the deadline day
2023
Highest result from 2010 to 2025 net €584,452 ▲74.2% The operating result of €628,173 and the net result of €584,452 are both a record.
Annual accounts 2022 filed PDFabbreviated format · on the deadline day
2022
Environmental permit granted OmgevingsloketBouwen of herbouwen · Torhout
Annual accounts 2021 filed PDFabbreviated format · on the deadline day
2021
Equity above €100,000 equity €116,462 ▲600% After 7 profitable years in a row, equity reaches €116,462.
Annual accounts 2020 filed PDFabbreviated format · 26 days late
2020
Annual accounts 2019 filed PDFabbreviated format · 26 days late
2019
Annual accounts 2018 filed PDFabbreviated format · on the deadline day
2018
Annual accounts 2017 filed PDFabbreviated format · 19 days before the deadline
2017
Annual accounts 2016 filed PDFabbreviated format · 18 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 22 days before the deadline
2015
Back to profit net €74,692 The net result is €74,692, after one loss-making year.
Annual accounts 2014 filed PDFabbreviated format · 19 days before the deadline
2014
First establishment Ringaertstraat 12, Torhout
Weakest financial year net -€623 The net result drops to -€623, the lowest from 2010 to 2025. It recovers the following year.
Annual accounts 2013 filed PDFabbreviated format · 24 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 15 days late
2012
Annual accounts 2011 filed PDFabbreviated format · 15 days late
2011
Annual accounts 2010 filed PDFabbreviated format · 15 days late
2009
Incorporation PDFpublished on 11-02-2009

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

MAGI CONSTRUCT was incorporated on 29 January 2009.1 The registered office was moved to Torhout in 2024.2 Total assets fell from €885,467 in 2019 to €656,654 in 2025 and headcount from 6.4 to 5.9 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 27-11-2024
  3. 3National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0809.523.101
VAT number
BE 0809.523.101
Peppol ID
0208:0809523101
Other Peppol ID
9925:BE0809523101
Legal form
Private limited company
Status
Active, normal situation
Founded
29-01-2009
Financial year
ends on 30 June
Peppol
Reachable since 08-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
MAGI CONSTRUCT in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
VAT activities
25530 Machining of metals main activity
25110 Manufacture of metal structures and parts of structures
Social security (RSZ) activities
25110 Manufacture of metal structures and parts of structures main activity
Codes under NACEBEL 2008
VAT activities
25620 Manufacture of fabricated metal products, except machinery and equipment main activity
25110 Manufacture of metal structures and parts of structures
Social security (RSZ) activities
25110 Manufacture of metal structures and parts of structures main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
Ringaertstraat 12 registered office 8820 Torhout 01-08-2014 2.238.575.403
1 former office
  • Oude Stokerijstraat 27, 8490 Jabbeke until 01-11-2024 · deed of 27-11-2024

Environmental permits

1 application in Flanders since 2022 · 1 granted
02-06-2022 Granted Bouwen of herbouwen submitted 03-02-2022 · project 2022015767 Torhout

Source: Omgevingsloket Vlaanderen.

Location

registered office establishment approximate The establishment unit on the map

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