About Magwat
Magwat is a public limited company (NV/SA) based in Waterloo, founded in 2023. Its main activity is classified as "Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen". For the 2025 financial year, Magwat reported a loss of €794,250. A year earlier, in 2024, it still made a profit of €18,116. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €42,729, down 91% on 2024. It employed an average of 15.1 full-time equivalents. Equity is negative (-€134,373): liabilities exceed assets. 3 annual accounts are available, covering 2023 to 2025.
- Activities
- Signals
-
Negative equityNegative equity € -134K
Equity is negative: debts exceed assets (technically insolvent).
Reporting lossesReporting losses € -794KThe company reported a loss in the latest financial year.
Poor liquidityPoor liquidity 0.35The current ratio is below 1: may be insufficient to cover short-term debt.
Negative cashflowNegative cashflow € -630KOperating cash flow was negative in the latest financial year.
Negative EBITDANegative EBITDA € -567KEBITDA is negative: operating activities are loss-making.
Healthy social debtHealthy social debt 19.1%Social debts stay manageable relative to personnel costs.
Financial ratios
|
|
2025
|
2024
|
2023
|
|---|---|---|---|
|
€
43K
|
€
458K
|
€
419K
|
|
|
€
-567K
|
€
-264K
|
€
96K
|
|
|
€
-794K
|
€
18K
|
€
17K
|
|
|
€
-134K
|
€
310K
|
€
292K
|
|
|
-3.88%
|
16.69%
|
13.75%
|
|
|
€
3.60M
|
€
1.55M
|
€
1.83M
|
|
|
€
233K
|
€
515K
|
€
824K
|
|
|
15.10
|
13.60
|
14.90
|
Publications 2
All publications- Siege Social 05/01/2024
- Rubrique Constitution (Nouvelle Personne Morale, Ouverture Succursale, Etc...) 31/05/2023
Frequently asked questions
Answers to the most common questions about Magwat, based on official government data and the filed annual accounts.
What is the VAT number of Magwat?
The VAT number of Magwat is BE0802.151.101.
How many employees work at Magwat?
In 2025, Magwat employed 15.10 full-time equivalents (FTE).
When was Magwat established?
Magwat was founded in 26-05-2023.
What is the official address of Magwat?
The official address of Magwat is Chaussée De Louvain 281 Waterloo 1410.
What is the legal form of Magwat?
The juridical form of Magwat is Public limited company (NV/SA).
What is the annual revenue of Magwat?
The 2025 accounts of Magwat do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Magwat a reliable company?
Magwat is a registered Rechtspersoon with company number 0802.151.101 and can be verified through the official CBE database.
What is the credit limit of Magwat?
The estimated credit limit of Magwat is €0.
Is Magwat still active?
Magwat currently has the status "Normal situation" and is active.