About Magwel
Magwel is a public limited company (NV/SA) based in Leuven, founded in 2003. Its main activity is classified as "Ontwerpen van computerprogramma’s". For the 2026 financial year, Magwel reported a loss of €598,012. That makes 5 loss-making financial years in a row for Magwel. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €87,077, down 53% on 2025. It employed an average of 3 full-time equivalents. Equity is negative (-€177,384): liabilities exceed assets. In 2007 it was -€249,873. 19 annual accounts are available, covering 2007 to 2026.
- Sectors
- IT companies
- Activities
- Signals
-
Negative equityNegative equity € -177K
Equity is negative: debts exceed assets (technically insolvent).
Reporting lossesReporting losses € -598KThe company reported a loss in the latest financial year.
Poor liquidityPoor liquidity 0.19The current ratio is below 1: may be insufficient to cover short-term debt.
Negative cashflowNegative cashflow € -263KOperating cash flow was negative in the latest financial year.
Negative EBITDANegative EBITDA € -240KEBITDA is negative: operating activities are loss-making.
Healthy social debtHealthy social debt 20.2%Social debts stay manageable relative to personnel costs.
Financial ratios
|
|
2026
|
2025
|
2024
|
2023
|
|---|---|---|---|---|
|
€
87K
|
€
183K
|
€
229K
|
€
292K
|
|
|
€
-240K
|
€
-142K
|
€
-121K
|
€
-2K
|
|
|
€
-598K
|
€
-436K
|
€
-1.25M
|
€
-250K
|
|
|
€
-177K
|
€
421K
|
€
857K
|
€
2.03M
|
|
|
-22.07%
|
32.12%
|
76.10%
|
67.08%
|
|
|
€
981K
|
€
889K
|
€
269K
|
€
994K
|
|
|
€
96K
|
€
507K
|
€
319K
|
€
1.18M
|
|
|
3
|
3
|
3
|
3
|
Publications 25
All publications- Ontslagen - Benoemingen 18/10/2023
- Kapitaal - Aandelen 07/07/2023
- Ontslagen - Benoemingen 01/06/2023
- Maatschappelijke Zetel 04/07/2019
- Kapitaal - Aandelen 20/11/2018
Frequently asked questions
Answers to the most common questions about Magwel, based on official government data and the filed annual accounts.
What is the VAT number of Magwel?
The VAT number of Magwel is BE0480.128.224.
How many employees work at Magwel?
In 2026, Magwel employed 3.00 full-time equivalents (FTE).
When was Magwel established?
Magwel was founded in 30-04-2003.
What is the official address of Magwel?
The official address of Magwel is Diestsevest 14 Leuven 3000.
What is the legal form of Magwel?
The juridical form of Magwel is Public limited company (NV/SA).
What is the annual revenue of Magwel?
The 2026 accounts of Magwel do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Magwel a reliable company?
Magwel is a registered Rechtspersoon with company number 0480.128.224 and can be verified through the official CBE database.
What is the credit limit of Magwel?
The estimated credit limit of Magwel is €0.
Is Magwel still active?
Magwel currently has the status "Normal situation" and is active.