MAJIC (0884.430.360): financials and annual accounts

MAJIC

Bruges ·KBO/BCE: BE 0884.430.360

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	702,977	695,604	643,082	668,561	692,174	688,984	704,175	546,812	461,365	454,013	443,592	238,331	247,948	247,549	207,470	201,648	58,727	41,195
Fixed assets`21/28`	373,088	376,634	379,746	572,320	580,297	597,322	588,604	494,461	369,865	374,329	382,183	196,502	211,279	201,671	169,135	169,375	4,093	5,701
Tangible fixed assets`22/27`	4,840	8,536	10,713	203,287	211,264	228,289	219,571	125,428	832	5,396	13,250	28,391	43,168	33,560	1,024	1,264	3,998	5,701
Land and buildings`22`	-	-	-	186,609	196,622	209,261	216,185	123,459	-	-	-	-	-	-	-	-	-	-
Plant, machinery and equipment`23`	3,470	1,966	1,568	2,106	2,217	761	1,233	552	28	300	687	1,230	1,357	2,522	1,024	500	-	763
Furniture and vehicles`24`	1,370	6,570	9,145	14,572	12,425	18,267	2,153	1,417	804	5,096	12,563	27,161	41,811	31,038	-	293	1,037	902
Other tangible fixed assets`26`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	471	2,961	4,036
Financial fixed assets`28`	368,248	368,098	369,033	369,033	369,033	369,033	369,033	369,033	369,033	368,933	368,933	168,111	168,111	168,111	168,111	168,111	95	-
Current assets`29/58`	329,889	318,970	263,336	96,241	111,877	91,662	115,571	52,351	91,500	79,684	61,409	41,829	36,669	45,878	38,335	32,273	54,634	35,494
Amounts receivable after more than one year`29`	-	-	-	-	1,000	27,950	18,250	-	-	-	-	-	-	-	-	-	-	-
Other amounts receivable`291`	-	-	-	-	1,000	27,950	18,250	-	-	-	-	-	-	-	-	-	-	-
Amounts receivable within one year`40/41`	144,677	123,374	76,808	42,400	39,825	34,767	36,131	27,010	34,477	46,218	30,034	17,080	34,646	25,253	12,114	12,670	35,120	13,275
Trade receivables`40`	54,599	89,430	66,112	42,400	35,242	30,185	36,131	23,568	34,477	46,218	30,034	16,940	34,646	17,385	12,100	11,776	12,847	11,434
Other amounts receivable`41`	90,078	33,944	10,696	-	4,583	4,582	-	3,442	-	-	-	140	-	7,868	14	894	22,273	1,841
Cash at bank and in hand`54/58`	165,254	193,804	181,301	45,991	62,437	26,617	59,570	25,341	54,756	33,466	31,374	24,749	2,023	20,565	21,614	12,666	19,514	22,200
Deferred charges and accrued income`490/1`	19,958	1,792	5,227	7,850	8,615	2,328	1,620	-	2,267	-	1	-	-	60	4,607	6,937	0	19
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	702,977	695,604	643,082	668,561	692,174	688,984	704,175	546,812	461,365	454,013	443,592	238,331	247,948	247,549	207,470	201,648	58,727	41,195
Equity`10/15`	657,701	583,104	546,278	407,554	404,524	390,871	366,542	261,577	222,391	210,314	172,484	130,130	116,150	96,707	82,159	64,539	43,930	30,330
Contributions`10/11`	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Issued capital`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Reserves`13`	639,101	564,504	527,678	388,954	385,924	372,271	347,942	242,977	203,791	191,714	153,884	111,530	97,550	78,107	1,860	1,860	2,135	1,334
Non-distributable reserves`130/1`	-	-	1,860	1,860	1,860	1,860	329,362	224,397	185,211	152,134	69,768	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,475	674
Reserves not available under the articles`1311`	-	-	1,860	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-
Other`1319`	-	-	-	-	-	-	329,362	224,397	185,211	152,134	69,768	-	-	-	-	-	-	-
Tax-exempt reserves`132`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	660	660
Distributable reserves`133`	639,101	564,504	525,818	387,094	384,064	370,411	16,720	16,720	16,720	37,720	82,256	109,670	95,690	76,247	-	-	-	-
Profit (loss) carried forward`14`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	61,699	44,079	23,195	10,396
Amounts payable`17/49`	45,276	112,500	96,804	261,007	287,650	298,113	337,633	285,235	238,974	243,699	271,108	108,201	131,798	150,842	125,311	137,109	14,797	10,865
Amounts payable after more than one year`17`	-	-	-	172,222	188,889	218,151	259,796	217,156	92,749	116,823	142,177	11,927	24,233	40,829	62,833	88,833	-	-
Financial debts`170/4`	-	-	-	172,222	188,889	218,151	259,796	217,156	92,749	116,823	142,177	11,927	24,233	40,829	62,833	88,833	-	-
Amounts payable within one year`42/48`	42,533	107,938	94,402	86,560	95,654	76,380	76,093	66,410	144,556	123,419	122,819	88,522	101,254	109,615	62,175	48,125	14,414	10,759
Current portion of amounts payable after more than one year`42`	-	-	-	16,667	29,263	41,645	41,363	24,348	24,074	27,325	35,857	12,306	29,324	50,677	26,000	26,000	-	2,546
Financial debts`43`	6,887	7,665	7,608	7,529	7,534	5,023	5,000	10,032	10,032	10,031	10,036	-	-	-	-	-	-	-
Credit institutions`430/8`	6,887	7,665	7,608	7,529	7,534	5,023	5,000	10,032	10,032	10,031	10,036	-	-	-	-	-	-	-
Trade debts`44`	6,489	20,051	13,512	2,634	4,798	5,804	7,635	16,321	37,736	2,093	9,709	7,088	12,983	20,866	4,646	4,040	4,596	1,430
Suppliers`440/4`	6,489	20,051	13,512	2,634	4,798	5,804	7,635	16,321	37,736	2,093	9,709	7,088	12,983	20,866	4,646	4,040	4,596	1,430
Taxes, remuneration and social security`45`	27,670	78,659	71,795	51,216	32,508	21,036	20,581	15,709	18,808	29,273	27,288	14,702	21,816	2,246	15,603	12,375	4,868	2,636
Taxes`450/3`	27,670	78,659	71,795	51,216	32,508	21,036	20,581	15,709	18,808	29,273	27,288	14,702	21,816	2,246	15,603	6,085	2,214	2,435
Remuneration and social security`454/9`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,290	2,654	201
Other amounts payable`47/48`	1,487	1,563	1,487	8,514	21,551	2,872	1,514	-	53,906	54,697	39,929	54,426	37,131	35,826	15,926	5,710	4,950	4,147
Accrued charges and deferred income`492/3`	2,743	4,562	2,402	2,225	3,107	3,582	1,744	1,669	1,669	3,457	6,112	7,752	6,311	398	303	151	383	106
Income statement
Turnover`70`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	122,247
Non-recurring operating income`76A`	-	-	129,524	-	-	-	-	4,000	-	8,128	-	-	4,545	6,612	-	-	-	-
Gross operating margin`9900`	119,029	120,938	268,078	154,761	174,826	63,861	82,310	112,511	72,103	135,098	96,114	80,227	61,339	85,455	48,167	59,754	39,311	30,300
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	85,312	79,009	95,239
Remuneration, social security and pensions`62`	-	-	-	-	-	-	-	-	-	-	-	-	-	-30	412	17,700	9,947	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	2,517	3,507	2,525	19,508	19,177	18,269	38,395	41,566	5,568	5,483	15,254	15,750	16,200	20,776	1,776	4,233	4,760	6,463
Other operating charges`640/8`	1,059	816	1,221	1,253	1,002	2,056	2,859	1,920	3,360	1,005	1,255	1,150	1,799	4,371	2,236	1,687	1,402	2,243
Operating profit (loss)`9901`	115,453	116,615	264,332	134,000	154,647	43,536	41,056	69,025	63,175	128,610	79,605	63,327	43,340	60,338	43,743	36,134	23,202	21,594
Financial income`75/76B`	1	-	215	-	241	170	100,144	-	1,846	-	25,687	27	22	65	95	1,965	1,002	262
Recurring financial income`75`	1	-	215	-	241	170	-	-	1,846	-	25,687	27	22	65	95	1,965	1,002	262
Non-recurring financial income`76B`	-	-	-	-	-	-	100,144	-	-	-	-	-	-	-	-	-	-	-
Financial charges`65/66B`	3,306	1,730	5,590	4,788	5,237	5,894	9,242	2,494	2,448	2,780	2,694	3,144	4,237	6,764	4,397	3,555	1,230	2,490
Recurring financial charges`65`	3,306	1,730	5,590	4,788	5,237	5,894	9,242	2,494	2,448	2,780	2,694	3,144	4,237	6,764	4,397	3,555	1,230	2,490
Profit (loss) for the period before taxes`9903`	112,148	114,885	258,957	129,212	149,651	37,812	131,958	66,531	62,573	125,830	102,598	60,210	43,670	60,251	39,441	34,544	22,974	19,366
Income taxes`67/77`	37,551	38,873	87,156	43,816	46,230	13,483	26,993	27,345	29,496	35,336	32,830	19,166	15,819	27,103	11,905	10,859	6,958	5,880
Profit (loss) for the period`9904`	74,597	76,012	171,801	85,396	103,421	24,329	104,965	39,186	33,077	90,494	69,768	41,044	27,851	33,148	27,536	23,685	16,016	13,486
Profit (loss) for the period to be appropriated`9905`	74,597	76,012	171,801	85,396	103,421	24,329	104,965	39,186	33,077	90,494	69,768	41,044	27,851	33,148	27,536	23,685	16,016	13,486
Appropriation of the result
Profit (loss) to be appropriated`9906`	74,597	76,012	171,801	85,396	103,421	24,329	104,965	39,186	33,077	90,494	69,768	41,044	27,851	94,847	71,615	46,880	26,412	13,486
Transfer from equity`791/2`	-	39,186	33,077	82,366	86,488	-	-	-	21,000	44,536	27,414	-	-	-	-	-	-	-
Transfer to equity`691/2`	74,597	76,012	171,801	85,396	100,141	24,329	104,965	39,186	33,077	82,366	69,768	13,980	19,443	76,247	-	385	801	674
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	385	801	674
To other reserves`6921`	74,597	76,012	171,801	85,396	100,141	24,329	104,965	39,186	33,077	82,366	69,768	13,980	19,443	76,247	-	-	-	-
Profit to be distributed`694/7`	-	39,186	33,077	82,366	89,768	-	-	-	21,000	52,664	27,414	27,064	8,408	18,600	9,916	2,416	2,416	2,416
Return on contributions (dividend)`694`	-	39,186	33,077	82,366	69,768	-	-	-	21,000	2,414	2,414	2,414	2,408	18,600	2,416	2,416	2,416	2,416
Directors or managers`695`	-	-	-	-	20,000	-	-	-	-	50,250	25,000	24,650	6,000	-	7,500	-	-	-
Social balance sheet
Average staff (FTE)`9087`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-
Hours worked`1013`	-	-	-	-	-	-	-	-	-	-	-	-	-	0	9	883	486	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	27-08-2026	2026-00449594	PDF
31-12-2024	micro format	28-06-2025	2025-00192302	PDF
31-12-2023	micro format	24-08-2024	2024-00377503	PDF
31-12-2022	micro format	09-07-2023	2023-00225631	PDF
31-12-2021	micro format	04-07-2022	2022-20137296	PDF
31-12-2020	micro format	30-06-2021	2021-30300017	PDF
31-12-2019	micro format	30-06-2020	2020-23900140	PDF
30-09-2018	micro format	26-04-2019	2019-11300331	PDF
30-09-2017	abbreviated format	30-04-2018	2018-11500423	PDF
30-09-2016	abbreviated format	29-04-2017	2017-11100183	PDF
30-09-2015	abbreviated format	07-04-2016	2016-09600212	PDF
30-09-2014	abbreviated format	18-05-2015	2015-12100416	PDF
30-09-2013	abbreviated format	30-04-2014	2014-10900114	PDF
30-09-2012	abbreviated format	30-04-2013	2013-10600518	PDF
31-12-2010	abbreviated format	26-08-2011	2011-45500190	PDF
31-12-2009	abbreviated format	23-07-2010	2010-33800352	PDF
31-12-2008	abbreviated format	13-08-2009	2009-58700215	PDF
31-12-2007	abbreviated format	18-07-2008	2008-43300217	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2010	2009	2008	2007
Investment in fixed assets (approximation)	2,555	1,330	5,434	11,531	2,152	26,987	132,538	166,162	1,104	-2,371	200,935	973	25,808	63,232	1,536	169,515	3,152	12,164
Change in cash	-28,550	12,503	135,310	-16,446	35,820	-32,953	34,229	-29,415	21,290	2,092	6,625	22,726	-18,542	-	8,948	-6,848	-2,686	-
EBIT margin	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17.7%
Solvency	93.6%	83.8%	84.9%	61.0%	58.4%	56.7%	52.1%	47.8%	48.2%	46.3%	38.9%	54.6%	46.8%	39.1%	39.6%	32.0%	74.8%	73.6%
ROE	11.3%	13.0%	31.4%	21.0%	25.6%	6.2%	28.6%	15.0%	14.9%	43.0%	40.4%	31.5%	24.0%	34.3%	33.5%	36.7%	36.5%	44.5%
ROA	10.6%	10.9%	26.7%	12.8%	14.9%	3.5%	14.9%	7.2%	7.2%	19.9%	15.7%	17.2%	11.2%	13.4%	13.3%	11.7%	27.3%	32.7%

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€2,555	€1,330	€5,434	€11,531	€2,152
Depreciation and write-downs of the year	€2,517	€3,507	€2,525	€19,508	€19,177

MAJIC

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency93.6%

Return on assets10.6%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on MAJIC

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