MAGMAS
ActiveSummary
MAGMAS has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1.6m and a net result of €266,467. Equity is growing by about 30% per year across the filed financial years. Its solvency ranks better than 76% of 383 sector peers (NACE 70, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MAGMAS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, kan worden overgebracht naar om het even welke plaats in tweetalig gebied Brussel Hoofdstad of in Nederlands taalgebied door…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)“Aantal,duur opdracht en indien meerdere bestuurders bevoegdheid, onbepaalde duur bij gebrek aan bepaling van duurtijd” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “100, gelijke rechten,inclusief stemrecht en recht in winstverdeling en vereffeningsaldo” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of September at 10:00