NORMAL SITUATION

MAGEC

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Financial year 2023 · closed on 30/06/2023
Net result
-1,2 M €
-24792.2% YoY
Gross margin
-29,6 k €
-102.8% YoY
Equity
-16,3 k €
-101.4% YoY

Company — Normal situation.

What does MAGEC do?

MAGEC is a company registered in Belgium.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0460.234.316
Legal form
Public limited company
Contributed capital
150 000,00 €
Latest accounts
30/06/2023
Joint committees (3)
  • 149
  • 14904
  • 218
Signals
Good liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202320212020201920172016201520142013201220112010200920082007
Income statement
Gross margin-29,6 k €1,1 M €1 M €1,5 M €948,2 k €1,1 M €1 M €943,1 k €1,9 M €1,4 M €1,5 M €1,4 M €1,3 M €1,5 M €1,3 M €
EBITDA-708,6 k €-3,7 k €249 k €221,6 k €-48,6 k €128,4 k €113,7 k €-2,8 k €274,8 k €292,7 k €374,2 k €392,6 k €327,6 k €485 k €350,5 k €
Operating result-757 k €-137,5 k €187 k €165,8 k €-72,4 k €104,6 k €84,9 k €-46,3 k €186,6 k €199,1 k €277,9 k €305,9 k €248,3 k €387,7 k €245,1 k €
Net result-1,2 M €-4,8 k €85,5 k €24,9 k €-143,4 k €28,4 k €20,8 k €-106,8 k €27,3 k €56,1 k €125,4 k €154,7 k €127,5 k €220,8 k €119 k €
Balance sheet
Equity-16,3 k €1,2 M €1,2 M €1,1 M €1,1 M €1,2 M €1,2 M €1,2 M €1,3 M €1,3 M €1,2 M €1,2 M €1,1 M €1 M €928 k €
Total assets4,9 M €5,5 M €6,2 M €5,9 M €5,5 M €5,5 M €5,5 M €4,8 M €4,9 M €4,3 M €4,1 M €3,3 M €2,9 M €2,6 M €2,3 M €
Cash7,3 k €32,8 k €235,6 k €76,5 k €164,1 k €132,1 k €167,3 k €32,9 k €173,6 k €117,8 k €274,4 k €120,7 k €177,3 k €194,4 k €455,3 k €
Debts4,8 M €4,3 M €5 M €4,8 M €4,4 M €4,2 M €4,3 M €3,5 M €3,5 M €2,9 M €2,7 M €2 M €1,7 M €1,4 M €1,3 M €
Other
Workforce–15,8 ETP15,4 ETP16,2 ETP15,8 ETP16,5 ETP16,2 ETP15,6 ETP18,2 ETP18,9 ETP18,5 ETP18,0 ETP19,1 ETP20,8 ETP19,6 ETP
Governance

Board of directors

Seen on filing of 30/06/2023 · 2 active · 7 ended

Active mandates

Boris Cossement

Mandate

Active
Joséphine Debruyne

Mandate

Active

Ended mandates

Joséphine DEBRUYNE

Director · since 16 novembre 2012 · until 17 mai 2018

Ended
Joséphine DEBRUYNE

Director · since 17 novembre 2006 · until 16 novembre 2012

Ended
Boris COSSEMENT

Managing director · since 03 mai 2004 · until 20 novembre 2009

Ended
Christian COSSEMENT

Director · since 03 mai 2004 · until 17 novembre 2006

Ended
Annual accounts

Full financial information

202320212020201920172016
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202201/07/202001/07/201901/01/201801/01/201701/01/2016
Closing of the financial year30/06/202331/12/202130/06/202030/06/201931/12/201731/12/2016
Length of the financial year18 months18 months12 months18 months12 months12 months
Filing date26/09/202330/09/202223/09/202027/11/201931/08/201816/08/2017
General meeting12/09/202320/05/202218/09/202015/11/201918/05/201819/05/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

24 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202312/09/202326/09/2023DutchPDF
Abridged model31/12/202120/05/202230/09/2022DutchPDF
Abridged model30/06/202018/09/202023/09/2020DutchPDF
Abridged model30/06/201915/11/201927/11/2019DutchPDF
Abridged model31/12/201718/05/201831/08/2018DutchPDF
Abridged model31/12/201619/05/201716/08/2017DutchPDF
Abridged model31/12/201520/05/201624/06/2016DutchPDF
Abridged model31/12/201415/05/201525/06/2015DutchPDF
Abridged model31/12/201316/05/201413/06/2014DutchPDF
Abridged model30/06/201216/11/201222/11/2012DutchPDF
Abridged model30/06/201118/11/201128/11/2011DutchPDF
Abridged model30/06/201019/11/201025/11/2010DutchPDF
Abridged model30/06/200920/11/200927/11/2009DutchPDF
Abridged model30/06/200821/11/200824/11/2008DutchPDF
Abridged model30/06/200716/11/200722/11/2007DutchPDF
Abridged model30/06/200617/11/200627/11/2006DutchPDF
Abridged model30/06/200518/11/200525/11/2005DutchPDF
Abridged model30/06/200419/11/200425/11/2004DutchPDF
Abridged model30/06/200317/10/200306/11/2003DutchPDF
Abridged model30/06/200218/10/200224/12/2002DutchPDF
Abridged model30/06/200119/10/200129/10/2001DutchPDF
Abridged model30/06/200004/09/200008/09/2000DutchPDF
Abridged model30/06/199903/09/199924/09/1999DutchPDF
Abridged model30/06/199804/09/199802/10/1998Dutch—
Estimate

Indicative valuation

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 30/06/2023 · 2 active · 7 ended

Active mandates

Boris Cossement

Mandate

Active
Joséphine Debruyne

Mandate

Active

Ended mandates

Joséphine DEBRUYNE

Director · since 16 novembre 2012 · until 17 mai 2018

Ended
Joséphine DEBRUYNE

Director · since 17 novembre 2006 · until 16 novembre 2012

Ended
Boris COSSEMENT

Managing director · since 03 mai 2004 · until 20 novembre 2009

Ended
Christian COSSEMENT

Director · since 03 mai 2004 · until 17 novembre 2006

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other28/12/2022
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other31/05/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates20/04/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other24/12/2018
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates09/09/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office26/02/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates26/06/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office08/07/2013
    MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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

Timeline

  1. 2023
    Annual accounts 2023-1,2 M €↓
  2. 2021
    Annual accounts 2021-4,8 k €↓
  3. 2020
    Annual accounts 202085,5 k €↑
  4. 2019
    Annual accounts 201924,9 k €↑
  5. 2017
    Annual accounts 2017-143,4 k €↓
  6. 2016
    Annual accounts 201628,4 k €↑
  7. 2015
    Annual accounts 201520,8 k €↑
  8. 2014
    Annual accounts 2014-106,8 k €↓
  9. 2013
    Annual accounts 201327,3 k €↓
  10. 2012
    Annual accounts 201256,1 k €↓
  11. 2011
    Annual accounts 2011125,4 k €↓
  12. 2010
    Annual accounts 2010154,7 k €↑
  13. 2009
    Annual accounts 2009127,5 k €↓
  14. 2008
    Annual accounts 2008220,8 k €↑
  15. 2007
    Annual accounts 2007119 k €