ACTIVE

MAGPARO

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Financial year 2025 · closed on 31/12/2025

Net result

156,7 k €

+16.5% YoY

Gross margin

326 k €

+17.8% YoY

Equity

585,3 k €

+31.9% YoY

What does MAGPARO do?

MAGPARO is a Private limited company incorporated in 2009. Its main activity is: Travel agency activities. Its registered office is in Montigny-le-Tilleul.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0821.522.001

Incorporation

17/12/2009

Legal form

Private limited company

Registered office

Avenue du Bois des Sartis 37
6111 Montigny-le-Tilleul · WallonieSee on map

Contributed capital

27 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

79110Travel agency activities· main 79110Travel agency activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	326 k €	+17.8%	276,8 k €	+43.4%	193 k €	+65.4%	116,7 k €	+20.3%	97 k €	+2973%	-3,4 k €	-104%	82 k €	+37.0%	59,8 k €	+1.0%	59,2 k €	+23.1%	48,1 k €	-0.9%	48,5 k €	+1.5%	47,8 k €	-16.6%	57,3 k €	+0.8%	56,9 k €	+61.1%	35,3 k €	-1.4%	35,8 k €
EBITDA	244,8 k €	+16.2%	210,7 k €	+45.1%	145,2 k €	+69.3%	85,7 k €	-4.9%	90,2 k €	+813%	-12,7 k €	-137%	34,6 k €	+62.7%	21,2 k €	-18.4%	26 k €	+5.9%	24,6 k €	+28.2%	19,2 k €	-2.6%	19,7 k €	-37.2%	31,3 k €	-12.3%	35,7 k €	+123%	16 k €	-26.0%	21,6 k €
Operating result	231 k €	+17.8%	196 k €	+43.9%	136,2 k €	+75.1%	77,8 k €	-5.2%	82,1 k €	+488%	-21,1 k €	-182%	25,9 k €	+82.4%	14,2 k €	-23.9%	18,7 k €	+4.3%	17,9 k €	+45.3%	12,3 k €	-11.0%	13,8 k €	-45.7%	25,5 k €	-11.2%	28,7 k €	+216%	9,1 k €	-27.5%	12,5 k €
Net result	156,7 k €	+16.5%	134,5 k €	+42.8%	94,2 k €	+68.8%	55,8 k €	-26.8%	76,2 k €	+414%	-24,3 k €	-208%	22,5 k €	+154%	8,8 k €	-9.8%	9,8 k €	-3.0%	10,1 k €	-18.2%	12,4 k €	+57.2%	7,9 k €	-54.3%	17,2 k €	-15.9%	20,5 k €	+264%	5,6 k €	-37.9%	9 k €
Balance sheet
Equity	585,3 k €	+31.9%	443,6 k €	+36.9%	324,1 k €	+32.3%	244,9 k €	+29.5%	189,1 k €	+60.4%	117,9 k €	-17.1%	142,2 k €	+18.8%	119,7 k €	+7.4%	111,4 k €	+9.6%	101,6 k €	+11.0%	91,5 k €	+15.6%	79,2 k €	+11.0%	71,3 k €	+24.9%	57,1 k €	+44.0%	39,7 k €	+16.5%	34 k €
Total assets	1,9 M €	+99.7%	950,7 k €	+37.5%	691,3 k €	+112%	326,2 k €	-1.5%	331,2 k €	-36.7%	523,3 k €	+29.7%	403,6 k €	+1.6%	397,4 k €	+29.8%	306 k €	-15.1%	360,4 k €	+64.1%	219,6 k €	+21.9%	180,1 k €	-50.3%	362,1 k €	+171%	133,8 k €	-31.7%	195,9 k €	+13.6%	172,5 k €
Cash	343,7 k €	+6.5%	322,9 k €	+81.7%	177,7 k €	+44.1%	123,3 k €	+15.2%	107 k €	+19.1%	89,9 k €	+16.8%	76,9 k €	-8.2%	83,9 k €	-23.4%	109,5 k €	-6.0%	116,5 k €	+43.5%	81,2 k €	+9.5%	74,1 k €	+60.4%	46,2 k €	-15.2%	54,5 k €	-30.3%	78,2 k €	+64.2%	47,6 k €
Debts	1,3 M €	+159%	507,2 k €	+38.1%	367,2 k €	+352%	81,3 k €	-42.8%	142,1 k €	-65.0%	405,4 k €	+55.1%	261,4 k €	-5.9%	277,7 k €	+42.7%	194,6 k €	-24.8%	258,7 k €	+102%	128,1 k €	+26.9%	100,9 k €	-65.3%	290,8 k €	+279%	76,7 k €	-50.9%	156,3 k €	+12.9%	138,5 k €
Other
Workforce	–		–		–		–		0,7 ETP	-41.7%	1,2 ETP	-29.4%	1,7 ETP	0.0%	1,7 ETP	+70.0%	1,0 ETP	+25.0%	0,8 ETP	+14.3%	0,7 ETP	0.0%	0,7 ETP	-30.0%	1,0 ETP	+42.9%	0,7 ETP	-12.5%	0,8 ETP	+33.3%	0,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

MAGALI DEVERCHIN

Administrator - manager

Active

Ended mandates

MAGALI DEVERCHIN

Director

Ended

MAGALI DEVERCHIN

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
BAUDUIN CONCEPT● Active	1042.872.437

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged 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	27/08/2026	30/08/2025	30/09/2024	31/10/2023	31/08/2022	19/11/2021
General meeting	30/06/2026	30/06/2025	29/06/2024	30/06/2023	30/06/2022	31/08/2021
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	27/08/2026	French	PDF
Micro model	31/12/2024	30/06/2025	30/08/2025	French	PDF
Micro model	31/12/2023	29/06/2024	30/09/2024	French	PDF
Micro model	31/12/2022	30/06/2023	31/10/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	31/08/2022	French	PDF
Abridged model	31/12/2020	31/08/2021	19/11/2021	French	PDF
Abridged model	31/12/2019	04/09/2020	18/12/2020	French	PDF
Abridged model	31/12/2018	29/06/2019	31/08/2019	French	PDF
Abridged model	31/12/2017	30/06/2018	30/09/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	31/08/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	30/09/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	15/09/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	28/06/2013	24/07/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	30/08/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	31/08/2011	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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 · 1 active · 2 ended

Active mandates

MAGALI DEVERCHIN

Administrator - manager

Active

Ended mandates

MAGALI DEVERCHIN

Director

Ended

MAGALI DEVERCHIN

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/11/2023
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other21/12/2009
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 2025156,7 k €↑
2024
Annual accounts 2024134,5 k €↑
2023
Annual accounts 202394,2 k €↑
2022
Annual accounts 202255,8 k €↓
2021
Annual accounts 202176,2 k €↑
2020
Annual accounts 2020-24,3 k €↓
2019
Annual accounts 201922,5 k €↑
2018
Annual accounts 20188,8 k €↓
2017
Annual accounts 20179,8 k €↓
2016
Annual accounts 201610,1 k €↓
2015
Annual accounts 201512,4 k €↑
2014
Annual accounts 20147,9 k €↓
2013
Annual accounts 201317,2 k €↓
2012
Annual accounts 201220,5 k €↑
2011
Annual accounts 20115,6 k €↓
2010
Annual accounts 20109 k €
17/12/2009
IncorporationPrivate 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

MAGPARO

Overview

What does MAGPARO do?

Trend over 16 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