ACTIVE

MAG-REEN

Financial year 2025 · closed on 31/12/2025
Net result
83,5 k €
-24.2% YoY
Gross margin
-15,7 k €
+10.6% YoY
Equity
697,9 k €
+13.6% YoY

What does MAG-REEN do?

MAG-REEN is a Public limited company incorporated in 2005. Its registered office is in Ixelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0873.833.012
Incorporation
17/05/2005
Legal form
Public limited company
Registered office
Avenue Louise 343
1050 Ixelles · BruxellesSee on map
Contributed capital
2 616 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableGood liquidityPositive cashflow
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122009200820072006
Income statement
Gross margin-15,7 k €-17,5 k €-8,2 k €-16,4 k €-20,2 k €-9,5 k €-14,3 k €-17,4 k €-18,7 k €-10,8 k €-26,3 k €-21,2 k €-6,6 k €-21,2 k €-49,1 k €-12,3 k €-167,7 k €-456,2 k €
EBITDA-16,8 k €-19,6 k €-8,5 k €-17,1 k €-21,1 k €-10,3 k €-15,2 k €-18,4 k €-19,7 k €-11,7 k €-27,3 k €-22,2 k €-6,6 k €-22,1 k €-49,1 k €-12,9 k €-168,9 k €-456,8 k €
Operating result-16,8 k €-19,6 k €-8,5 k €-17,1 k €-21,1 k €-10,3 k €-15,2 k €-18,4 k €-19,7 k €-11,7 k €-27,3 k €-22,2 k €-6,6 k €-22,1 k €-49,1 k €-12,9 k €-168,9 k €-456,8 k €
Net result83,5 k €110,1 k €8,7 k €122,3 k €100,3 k €196,2 k €222,0 k €-336,7 k €-325,4 k €-270,7 k €-27,4 k €-22,2 k €-6,7 k €-22,1 k €-202,4 k €-277,8 k €-406,7 k €-345,0 k €
Balance sheet
Equity697,9 k €614,5 k €504,4 k €495,7 k €373,4 k €273,1 k €76,9 k €-145,1 k €191,5 k €516,9 k €787,6 k €815,1 k €837,3 k €844,0 k €1,1 M €1,3 M €1,6 M €2,0 M €
Total assets6,9 M €6,7 M €6,7 M €6,7 M €6,7 M €6,8 M €6,3 M €6,4 M €7,1 M €7,7 M €8,5 M €9,0 M €8,9 M €8,9 M €8,9 M €8,9 M €10,1 M €12,8 M €
Cash9,2 k €12,2 k €11,3 k €11,6 k €1,3 k €146,5 k €320,4 €848,0 €13,3 k €50,6 k €978,9 €55,0 k €123,0 €2,0 k €1,9 k €367,4 k €235,0 k €
Debts6,2 M €6,1 M €6,2 M €6,2 M €6,3 M €6,5 M €6,2 M €6,5 M €6,9 M €7,2 M €7,7 M €8,2 M €8,1 M €8,1 M €7,9 M €7,6 M €8,4 M €10,8 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 30 ended

Active mandates

LUXEMBOURG CORPORATION INVEST IV

Mandate · 1035.274.565

Represented by Jean-Marie Bettinger

Active
W Properties & Management

Mandate · 0678.519.255

Represented by Xavier Weil

Active

Ended mandates

SARL Luxembourg Corporation Invest

Director · since 01 décembre 2021 · until 30 avril 2027

Represented by Jean-Marie BETTINGER

Ended
SARL Luxembourg Corporation Invest

Director · since 01 décembre 2021 · until 30 avril 2027

Represented by Jean-Marie BETTINGER

Ended
AVER ASSOCIATES LUXEMBOURG SA

Director · since 30 janvier 2018 · until 30 avril 2024

Represented by Koen LOZIE

Ended
W Properties & Management

Director · since 30 janvier 2018 · until 30 avril 2024 · 0678.519.255

Represented by Xavier WEIL

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 date31/08/202625/07/202528/08/202408/02/202430/08/202207/12/2021
General meeting28/08/202622/07/202519/07/202411/01/202403/08/202201/12/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202528/08/202631/08/2026FrenchPDF
Abridged model31/12/202422/07/202525/07/2025FrenchPDF
Abridged model31/12/202319/07/202428/08/2024FrenchPDF
Abridged model31/12/202211/01/202408/02/2024FrenchPDF
Abridged model31/12/202103/08/202230/08/2022FrenchPDF
Abridged model31/12/202001/12/202107/12/2021FrenchPDF
Abridged model31/12/201909/06/202016/09/2020FrenchPDF
Abridged model31/12/201801/03/201927/03/2019FrenchPDF
Abridged model31/12/201709/06/201814/08/2018FrenchPDF
Abridged model31/12/201630/08/201731/08/2017DutchPDF
Abridged model31/12/201509/02/201621/09/2016FrenchPDF
Abridged model31/12/201430/04/201522/05/2015FrenchPDF
Abridged model31/12/201329/07/201429/08/2014FrenchPDF
Abridged model31/12/201228/06/201319/07/2013FrenchPDF
Abridged model31/12/201129/06/201230/07/2012FrenchPDF
Abridged model31/12/201016/06/201120/06/2011FrenchPDF
Abridged model31/12/200915/06/201027/10/2010FrenchPDF
Abridged model31/12/200818/03/201001/04/2010FrenchPDF
Abridged model31/12/200718/03/201001/04/2010FrenchPDF
Abridged model31/12/200618/03/201001/04/2010FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 2 active · 30 ended

Active mandates

LUXEMBOURG CORPORATION INVEST IV

Mandate · 1035.274.565

Represented by Jean-Marie Bettinger

Active
W Properties & Management

Mandate · 0678.519.255

Represented by Xavier Weil

Active

Ended mandates

SARL Luxembourg Corporation Invest

Director · since 01 décembre 2021 · until 30 avril 2027

Represented by Jean-Marie BETTINGER

Ended
SARL Luxembourg Corporation Invest

Director · since 01 décembre 2021 · until 30 avril 2027

Represented by Jean-Marie BETTINGER

Ended
AVER ASSOCIATES LUXEMBOURG SA

Director · since 30 janvier 2018 · until 30 avril 2024

Represented by Koen LOZIE

Ended
W Properties & Management

Director · since 30 janvier 2018 · until 30 avril 2024 · 0678.519.255

Represented by Xavier WEIL

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/03/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/10/2025
    DEMISSIONS, NOMINATIONS - COMPTES ANNUELS
    PDF
  • Other23/12/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - ASSEMBLEE GENERALE
    PDF
  • Mandates14/02/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/02/2021
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/05/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office16/03/2018
    SIEGE SOCIAL
    PDF
  • Mandates24/06/2016
    SIEGE SOCIAL - 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 202583,5 k €
  2. 2024
    Annual accounts 2024110,1 k €
  3. 2023
    Annual accounts 20238,7 k €
  4. 2022
    Annual accounts 2022122,3 k €
  5. 2021
    Annual accounts 2021100,3 k €
  6. 2020
    Annual accounts 2020196,2 k €
  7. 2019
    Annual accounts 2019222,0 k €
  8. 2018
    Annual accounts 2018-336,7 k €
  9. 2017
    Annual accounts 2017-325,4 k €
  10. 2016
    Annual accounts 2016-270,7 k €
  11. 2015
    Annual accounts 2015-27,4 k €
  12. 2014
    Annual accounts 2014-22,2 k €
  13. 2013
    Annual accounts 2013-6,7 k €
  14. 2012
    Annual accounts 2012-22,1 k €
  15. 2009
    Annual accounts 2009-202,4 k €
  16. 2008
    Annual accounts 2008-277,8 k €
  17. 2007
    Annual accounts 2007-406,7 k €
  18. 2006
    Annual accounts 2006-345,0 k €
  19. 17/05/2005
    IncorporationPublic limited company