ACTIVE

MAGEGROUP

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Financial year 2025 · closed on 31/12/2025

Net result

1,4 M €

-52.7% YoY

Revenue

361 k €

-1.2% YoY

Equity

22,2 M €

-5.0% YoY

What does MAGEGROUP do?

MAGEGROUP is a Public limited company incorporated in 1952. Its main activity is: Removal services. Its registered office is in Wavre.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0402.326.405

Incorporation

01/01/1952

Legal form

Public limited company

Registered office

Rue d'Angoussart 60
1301 Wavre · WallonieSee on map

Contributed capital

250 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

49420Removal services· main 52241Cargo handling

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Revenue	361 k €	-1.2%	365,5 k €	+16.8%	313 k €	+10.6%	283 k €	+4.2%	271,5 k €	-8.7%	297,5 k €	+23.4%	241 k €	+13.7%	212 k €	+39.5%	152 k €	+4.1%	146 k €	+14.1%	128 k €	-3.0%	132 k €	+42.3%	92,7 k €	-45.7%	170,7 k €	+40.4%	121,6 k €	+51.9%	80 k €	0.0%	80 k €
EBITDA	35,3 k €	-45.7%	65,1 k €	+217%	20,5 k €	+104%	10,1 k €	-43.4%	17,8 k €	+35.5%	13,1 k €	-37.2%	20,9 k €	+590%	3 k €	-47.2%	5,7 k €	-74.9%	22,8 k €	+951%	-2,7 k €	-336%	1,1 k €	+102%	-50,7 k €	-205%	48,1 k €	+372%	-17,7 k €	+75.1%	-71,1 k €	-117%	-32,8 k €
Operating result	-7,6 k €	-134%	22,2 k €	+1815%	-1,3 k €	-113%	10,1 k €	-43.4%	17,8 k €	+242%	5,2 k €	-59.9%	13 k €	+365%	-4,9 k €	-124%	-2,2 k €	-115%	14,9 k €	+248%	-10,1 k €	-60.9%	-6,3 k €	+89.2%	-58,1 k €	-243%	40,7 k €	+240%	-29,2 k €	+62.2%	-77,2 k €	-98.9%	-38,8 k €
Net result	1,4 M €	-52.7%	3 M €	+151%	1,2 M €	+94.9%	613,8 k €	+48.2%	414,1 k €	+97073%	426,2 €	-100.0%	857,5 k €	-1.7%	872,2 k €	+0.1%	871,1 k €	+55.2%	561,2 k €	-40.7%	945,7 k €	+1198%	72,8 k €	+184%	-87,1 k €	-519%	20,8 k €	+217%	-17,7 k €	-106%	274,7 k €	+194%	-292,3 k €
Balance sheet
Equity	22,2 M €	-5.0%	23,4 M €	+6.4%	22 M €	+209%	7,1 M €	-4.5%	7,5 M €	-4.9%	7,8 M €	+0.0%	7,8 M €	+125%	3,5 M €	+33.4%	2,6 M €	+4.9%	2,5 M €	-36.6%	3,9 M €	-21.1%	5 M €	+1.5%	4,9 M €	-1.7%	5 M €	+0.4%	5 M €	-0.4%	5 M €	+5.8%	4,7 M €
Total assets	23,4 M €	+0.1%	23,4 M €	+6.2%	22,1 M €	+171%	8,1 M €	-3.1%	8,4 M €	+3.9%	8,1 M €	-1.3%	8,2 M €	+78.1%	4,6 M €	+0.8%	4,6 M €	-0.8%	4,6 M €	-1.4%	4,7 M €	-15.1%	5,5 M €	-2.9%	5,7 M €	+11.8%	5,1 M €	-0.2%	5,1 M €	+1.0%	5 M €	-0.1%	5 M €
Cash	205,1 k €	+123%	91,9 k €	-0.8%	92,7 k €	+42.5%	65 k €	-81.8%	357,4 k €	+559%	54,3 k €	-62.7%	145,5 k €	+199%	48,7 k €	+321%	11,6 k €	-51.6%	23,9 k €	-78.2%	109,7 k €	+33.4%	82,3 k €	-81.0%	432,6 k €	-48.0%	832,6 k €	+583%	121,8 k €	-74.5%	477,1 k €	-32.1%	702,9 k €
Debts	1,2 M €	+2515%	47,4 k €	-38.0%	76,5 k €	-92.4%	1 M €	+8.5%	926,5 k €	+310%	225,8 k €	-32.1%	332,6 k €	-69.9%	1,1 M €	-43.1%	1,9 M €	-7.6%	2,1 M €	+189%	727,1 k €	+44.8%	502,1 k €	-31.4%	732,2 k €	+1291%	52,6 k €	-38.8%	86,1 k €	+337%	19,7 k €	-93.5%	301,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,6 ETP	0.0%	0,6 ETP	-14.3%	0,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 15 ended

Active mandates

Eric DAMSEAUX

Director · since 17 juin 2022 · until 17 juin 2028

Active

François MAIRLOT

Managing director · since 17 juin 2022 · until 17 juin 2028

Active

Philippe MAIRLOT

Director · since 17 juin 2022 · until 17 juin 2028

Active

Ended mandates

Eric DAMSEAUX

Director · since 17 juin 2022 · until 12 mai 2028

Ended

François MAIRLOT

Managing director · since 17 juin 2022 · until 12 mai 2028

Ended

Philippe MAIRLOT

Director · since 17 juin 2022 · until 12 mai 2028

Ended

Eric DAMSEAUX

Director · since 13 mai 2016 · until 13 mai 2022

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/07/2026	21/08/2025	24/07/2024	26/07/2023	01/07/2022	20/07/2021
General meeting	20/06/2026	21/06/2025	15/06/2024	16/06/2023	17/06/2022	14/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	20/06/2026	30/07/2026	French	PDF
Full model	31/12/2024	21/06/2025	21/08/2025	French	PDF
Full model	31/12/2023	15/06/2024	24/07/2024	French	PDF
Full model	31/12/2022	16/06/2023	26/07/2023	French	PDF
Full model	31/12/2021	17/06/2022	01/07/2022	French	PDF
Full model	31/12/2020	14/05/2021	20/07/2021	French	PDF
Full model	31/12/2019	08/05/2020	26/08/2020	French	PDF
Full model	31/12/2018	10/05/2019	31/07/2019	French	PDF
Full model	31/12/2017	11/05/2018	17/07/2018	French	PDF
Full modelCorrection	31/12/2016	12/05/2017	04/10/2017	French	PDF
Full model	31/12/2016	12/05/2017	28/06/2017	French	PDF
Full model	31/12/2015	13/05/2016	10/06/2016	French	PDF
Full model	31/12/2014	08/05/2015	02/06/2015	French	PDF
Full model	31/12/2013	09/05/2014	11/06/2014	French	PDF
Full model	31/12/2012	28/06/2013	16/07/2013	French	PDF
Full model	31/12/2011	26/06/2012	02/07/2012	French	PDF
Full model	31/12/2010	20/06/2011	15/07/2011	French	PDF
Full model	31/12/2009	14/06/2010	07/07/2010	French	PDF
Abridged model	31/12/2008	08/05/2009	08/06/2009	French	PDF
Abridged model	31/12/2007	09/05/2008	04/06/2008	French	PDF
Abridged model	31/12/2006	11/05/2007	14/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 15 ended

Active mandates

Eric DAMSEAUX

Director · since 17 juin 2022 · until 17 juin 2028

Active

François MAIRLOT

Managing director · since 17 juin 2022 · until 17 juin 2028

Active

Philippe MAIRLOT

Director · since 17 juin 2022 · until 17 juin 2028

Active

Ended mandates

Eric DAMSEAUX

Director · since 17 juin 2022 · until 12 mai 2028

Ended

François MAIRLOT

Managing director · since 17 juin 2022 · until 12 mai 2028

Ended

Philippe MAIRLOT

Director · since 17 juin 2022 · until 12 mai 2028

Ended

Eric DAMSEAUX

Director · since 13 mai 2016 · until 13 mai 2022

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other04/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - ASSEMBLEE GENERALE
PDF
Mandates31/10/2022
DEMISSIONS, NOMINATIONS
PDF
Capital / shares20/12/2017
CAPITAL, ACTIONS
PDF
Capital / shares30/08/2016
CAPITAL, ACTIONS
PDF
Mandates02/08/2016
DEMISSIONS, NOMINATIONS
PDF
Capital / shares08/12/2015
CAPITAL, ACTIONS
PDF
Mandates06/03/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates28/02/2012
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20251,4 M €↓
2024
Annual accounts 20243 M €↑
2023
Annual accounts 20231,2 M €↑
2022
Annual accounts 2022613,8 k €↑
2021
Annual accounts 2021414,1 k €↑
2020
Annual accounts 2020426,2 €↓
2019
Annual accounts 2019857,5 k €↓
2018
Annual accounts 2018872,2 k €↑
2017
Annual accounts 2017871,1 k €↑
2016
Annual accounts 2016561,2 k €↓
2015
Annual accounts 2015945,7 k €↑
2014
Annual accounts 201472,8 k €↑
2013
Annual accounts 2013-87,1 k €↓
2012
Annual accounts 201220,8 k €↑
2011
Annual accounts 2011-17,7 k €↓
2010
Annual accounts 2010274,7 k €↑
2009
Annual accounts 2009-292,3 k €
01/01/1952
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MAGEGROUP

Overview

What does MAGEGROUP do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline