ACTIVE

MAGI No.5 BelCo

Financial year 2025 · closed on 31/12/2025
Net result
-61 k €
-24.3% YoY
Gross margin
-59,9 k €
-25.1% YoY
Equity
-152,5 k €
-66.7% YoY

What does MAGI No.5 BelCo do?

MAGI No.5 BelCo is a Private limited company incorporated in 2019. Its registered office is in Saint-Josse-ten-Noode.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0719.535.508
Incorporation
29/01/2019
Legal form
Private limited company
Registered office
Boulevard Saint-Lazare 4-10
1210 Saint-Josse-ten-Noode · BruxellesSee on map
Contributed capital
118 600,00 €
Latest accounts
31/12/2025
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin-59,9 k €-47,9 k €-36,9 k €-28,5 k €-33 k €-24,9 k €-33,9 k €
EBITDA-60,3 k €-48,3 k €-37,3 k €-28,8 k €-33,7 k €-24,9 k €-34,4 k €
Operating result-60,3 k €-48,3 k €-37,3 k €-28,8 k €-33,7 k €-24,9 k €-34,4 k €
Net result-61 k €-49,1 k €-37,8 k €-29,4 k €-34 k €-25,3 k €-34,5 k €
Balance sheet
Equity-152,5 k €-91,5 k €-42,4 k €-4,7 k €24,8 k €58,8 k €84,1 k €
Total assets391,3 €23,4 k €645 €2,8 k €25 k €60,3 k €84,5 k €
Cash390,3 €23,4 k €644 €2,8 k €25 k €60,3 k €84,5 k €
Debts152,9 k €115 k €43,1 k €7,5 k €294,4 €1,6 k €432,8 €
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 7 ended

Active mandates

Hyunmyoung OH

Director · since 13 février 2026

Active
Taekyoung GONG

Director · since 24 février 2023 · until 13 février 2026

Active
Gitte DE BRABANDER

Director · since 29 janvier 2019

Active

Ended mandates

Taekyoung GONG

Director · since 24 février 2023

Ended
Hyun Kim SEUNG

Director · since 23 octobre 2019

Ended
Hyun-Kim SEUNG

Director · since 23 octobre 2019

Ended
Seung Hyun Kim

Director · since 23 octobre 2019 · until 24 février 2023

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/08/202631/07/202511/09/202430/06/202305/08/202205/07/2021
General meeting31/07/202630/06/202526/08/202419/06/202328/07/202228/06/2021
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202531/07/202603/08/2026FrenchPDF
Abridged model31/12/202430/06/202531/07/2025FrenchPDF
Abridged model31/12/202326/08/202411/09/2024FrenchPDF
Abridged model31/12/202219/06/202330/06/2023FrenchPDF
Abridged model31/12/202128/07/202205/08/2022FrenchPDF
Abridged model31/12/202028/06/202105/07/2021FrenchPDF
Abridged model31/12/201919/08/202007/09/2020FrenchPDF
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 31/12/2025 · 3 active · 7 ended

Active mandates

Hyunmyoung OH

Director · since 13 février 2026

Active
Taekyoung GONG

Director · since 24 février 2023 · until 13 février 2026

Active
Gitte DE BRABANDER

Director · since 29 janvier 2019

Active

Ended mandates

Taekyoung GONG

Director · since 24 février 2023

Ended
Hyun Kim SEUNG

Director · since 23 octobre 2019

Ended
Hyun-Kim SEUNG

Director · since 23 octobre 2019

Ended
Seung Hyun Kim

Director · since 23 octobre 2019 · until 24 février 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates25/08/2026
    Démission et nomination des administrateurs
    PDF
  • Registered office26/02/2025
    SIEGE SOCIAL
    PDF
  • Other23/04/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Mandates05/04/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares05/12/2019
    CAPITAL, ACTIONS
    PDF
  • Mandates22/11/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Other07/03/2019
    DIVERS
    PDF
  • Mandates15/02/2019
    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

Timeline

  1. 2025
    Annual accounts 2025-61 k €
  2. 2024
    Annual accounts 2024-49,1 k €
  3. 2023
    Annual accounts 2023-37,8 k €
  4. 2022
    Annual accounts 2022-29,4 k €
  5. 2021
    Annual accounts 2021-34 k €
  6. 2020
    Annual accounts 2020-25,3 k €
  7. 2019
    Annual accounts 2019-34,5 k €
  8. 29/01/2019
    IncorporationPrivate limited company