MAGOS
ActiveSummary
MAGOS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €142,642 and a net result of €22,166. Equity is growing by ~28% per year across the filed fiscal years. Its solvency ranks better than 29% of 2729 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73=
Solvency46=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity short (current ratio 0.38 against 0.32 in 2024; short-term debt: 79% and cash: 17.6% of total assets), and 79% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21%
Return on assets
3.3%
Age of the figures
9 mo
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 10-07-2026, 21 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
21 d early
2024
35 d early
2023
47 d early
2022
22 d early
2021
27 d early
2020
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 26 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 4 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€142,642▲ 18.4%
2024 · €120,476
Total assets
€680,742▲ 20.6%
2024 · €564,479
Net result
€22,166▲ 19.9%
2024 · €18,480
Working capital
-€335,180▼ 10.9%
2024 · -€302,218
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€25,324▼ 72.5%€83,560▲ 230%€27,620▼ 66.9%€35,995▲ 30.3%€41,364▲ 14.9%
Net result€18,484within the sector's middle half▼ 73.2%€56,796within the sector's middle half▲ 207%€15,835within the sector's middle half▼ 72.1%€18,480within the sector's middle half▲ 16.7%€22,166within the sector's middle half▲ 19.9%
Equity€29,366below the sector's middle half▲ 170%€86,162within the sector's middle half▲ 193%€101,996within the sector's middle half▲ 18.4%€120,476within the sector's middle half▲ 18.1%€142,642within the sector's middle half▲ 18.4%
Total assets€267,324within the sector's middle half▲ 205%€427,999within the sector's middle half▲ 60.1%€326,992within the sector's middle half▼ 23.6%€564,479within the sector's middle half▲ 72.6%€680,742within the sector's middle half▲ 20.6%
Debt€237,959▲ 210%€341,838▲ 43.7%€224,996▼ 34.2%€444,003▲ 97.3%€538,099▲ 21.2%
Working capital€28,586within the sector's middle half▲ 163%€82,615within the sector's middle half▲ 189%€98,800within the sector's middle half▲ 19.6%-€302,218below the sector's middle half-€335,180below the sector's middle half▼ 10.9%
Solvency11.0%below the sector's middle half▼ 1.4pp20.1%within the sector's middle half▲ 9.1pp31.2%within the sector's middle half▲ 11.1pp21.3%within the sector's middle half▼ 9.8pp21.0%within the sector's middle half▼ 0.4pp
Current ratio1.12within the sector's middle half▼ 0.021.24within the sector's middle half▲ 0.121.44within the sector's middle half▲ 0.200.32below the sector's middle half▼ 1.120.38below the sector's middle half▲ 0.06
Return on assets (ROA)6.9%within the sector's middle half▼ 71.9pp13.3%within the sector's middle half▲ 6.4pp4.8%within the sector's middle half▼ 8.4pp3.3%within the sector's middle half▼ 1.6pp3.3%within the sector's middle half=
Staff (FTE)0.3below the sector's middle half1below the sector's middle half▲ 233%1.7within the sector's middle half▲ 70.0%7.2within the sector's middle half▲ 324%7.3within the sector's middle half▲ 1.4%
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 15% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €680,742
Fixed assets
€477,822 ▲ 13.0%
Current assets
€202,920 ▲ 43.1%
Equity and liabilities €680,742
Equity
€142,642 ▲ 18.4%
Debt
€538,099 ▲ 21.2%
Debt's share of the balance-sheet total rises from 78.7% to 79.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€42,866▲
2024 · €37,582
Cash flow
€23,668▲
2024 · €20,067
Debt to equity
3.77▲
2024 · 3.69
ROE
15.5%▲
2024 · 15.3%
Interest coverage
9.44▲
2024 · 7.69
Debt ≤ 1 year
€538,099▲
2024 · €444,003
Income taxes
€14,736▲
2024 · €12,687
Staff costs
€470,645▲
2024 · €464,717
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €66,000 | - | - | - | - |
| Remuneration, social security and pensions62 | €13,157 | €57,720 | €84,694 | €464,717 | €470,645 | ▲ 1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €54 | €252 | €1,630 | €1,587 | €1,502 | ▼ 5.3% |
| Other operating charges640/8 | €73 | €429 | €828 | €1,398 | €1,468 | ▲ 4.9% |
| Gross operating margin9900 | €38,608 | €141,962 | €114,771 | €503,697 | €514,979 | ▲ 2.2% |
| Operating profit (loss)9901 | €25,324 | €83,560 | €27,620 | €35,995 | €41,364 | ▲ 14.9% |
| Financial income75/76B | - | €1 | €32 | €57 | €80 | ▲ 40.0% |
| Recurring financial income75 | - | €1 | €32 | €57 | €80 | ▲ 40.0% |
| Financial charges65/66B | €40 | €98 | €4,914 | €4,886 | €4,542 | ▼ 7.0% |
| Recurring financial charges65 | €40 | €98 | €4,914 | €4,886 | €4,542 | ▼ 7.0% |
| Profit (loss) for the period before taxes9903 | €25,284 | €83,463 | €22,737 | €31,166 | €36,902 | ▲ 18.4% |
| Income taxes67/77 | €6,800 | €26,667 | €6,903 | €12,687 | €14,736 | ▲ 16.2% |
| Profit (loss) for the period9904 | €18,484 | €56,796 | €15,835 | €18,480 | €22,166 | ▲ 19.9% |
| Profit (loss) for the period to be appropriated9905 | €18,484 | €56,796 | €15,835 | €18,480 | €22,166 | ▲ 19.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €267,324 | €427,999 | €326,992 | €564,479 | €680,742 | ▲ 20.6% |
| Fixed assets21/28 | €794 | €3,578 | €3,196 | €422,694 | €477,822 | ▲ 13.0% |
| Tangible fixed assets22/27 | €586 | €3,369 | €2,987 | €1,400 | €1,178 | ▼ 15.9% |
| Furniture and vehicles24 | €586 | €3,369 | €2,987 | €1,400 | €1,178 | ▼ 15.9% |
| Financial fixed assets28 | €209 | €209 | €209 | €421,293 | €476,643 | ▲ 13.1% |
| Current assets29/58 | €266,530 | €424,422 | €323,796 | €141,785 | €202,920 | ▲ 43.1% |
| Amounts receivable within one year40/41 | €134,878 | €154,678 | €242,962 | €26,362 | €75,931 | ▲ 188% |
| Trade receivables40 | €134,878 | €74,796 | €198,595 | €18,475 | €43,379 | ▲ 135% |
| Other amounts receivable41 | - | €79,883 | €44,367 | €7,887 | €32,552 | ▲ 313% |
| Current investments50/53 | - | - | - | - | €72 | - |
| Cash at bank and in hand54/58 | €131,335 | €269,292 | €77,522 | €99,312 | €119,802 | ▲ 20.6% |
| Deferred charges and accrued income490/1 | €316 | €451 | €3,313 | €16,111 | €7,115 | ▼ 55.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €267,324 | €427,999 | €326,992 | €564,479 | €680,742 | ▲ 20.6% |
| Equity10/15 | €29,366 | €86,162 | €101,996 | €120,476 | €142,642 | ▲ 18.4% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | - | - | - | - | €140,000 | - |
| Distributable reserves133 | - | - | - | - | €140,000 | - |
| Profit (loss) carried forward14 | €26,866 | €83,662 | €99,496 | €117,976 | €142 | ▼ 99.9% |
| Amounts payable17/49 | €237,959 | €341,838 | €224,996 | €444,003 | €538,099 | ▲ 21.2% |
| Amounts payable within one year42/48 | €237,944 | €341,807 | €224,996 | €444,003 | €538,099 | ▲ 21.2% |
| Trade debts44 | €183,653 | €302,570 | €183,034 | €356,400 | €498,129 | ▲ 39.8% |
| Suppliers440/4 | €183,653 | €302,570 | €183,034 | €356,400 | €498,129 | ▲ 39.8% |
| Taxes, remuneration and social security45 | €54,291 | €39,237 | €41,962 | €87,603 | €39,971 | ▼ 54.4% |
| Taxes450/3 | €52,857 | €33,222 | €24,403 | €11,765 | €5,203 | ▼ 55.8% |
| Remuneration and social security454/9 | €1,434 | €6,014 | €17,559 | €75,838 | €34,768 | ▼ 54.2% |
| Accrued charges and deferred income492/3 | €15 | €31 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,484 | €56,796 | €15,835 | €18,480 | €22,166 | ▲ 19.9% |
| + Depreciation and write-downs630 | €54 | €252 | €1,630 | €1,587 | €1,502 | ▼ 5.3% |
| Operating cash flow (approximation) | €18,538 | €57,048 | €17,464 | €20,067 | €23,668 | ▲ 17.9% |
| Investment in fixed assets (approximation) | - | -€3,036 | -€1,248 | -€421,085 | -€56,630 | ▲ 86.6% |
| Change in cash | - | €137,957 | -€191,770 | €21,790 | €20,490 | ▼ 6.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €15,835 ▼72.1%
Net result drops to €15,835, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100,000Eq €101,996 ▲18.4%
4 profitable years in a row build equity to €101,996.
09-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2019
Ground area
6,754 m²
Building footprint
913 m²
Volume, LiDAR
6,648 m³
Parcel 24514C0027/00M000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
21
companies at this address
See who is registered here
1 establishment unit
MAGOS
since 20192.297.142.815
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24514C0027/00M000 | Flanders | 6,753 m² | 1 · 913 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
9.78%
According to the 2025 annual accounts of MAGOS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 30,009 companies in sector 62200 we hold annual accounts for 18,399. 15,373 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0739521367
Also
9925:BE0739521367
Registered
08-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.