Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
C-MAC ELECTROMAG from Ronse, company number BE0413643533, closed financial year 2025 with a result of € 3.4 million after tax. For that financial year C-MAC ELECTROMAG recorded revenue of € 40.4 million and equity of € 12.5 million. Compared with financial year 2024, the result moved from € 4.6 million to € 3.4 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 12.5 million
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.4 million
▼ 26% vs 2024
Profit after tax over the fiscal year.
€ 3.5 million
▲ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
157.6
▼ 3.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 10.4 million
▲ 1% vs 2024
€ 66,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 168,602
▲ 113% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6.2 million
▼ 16% vs 2024
€ 1.8 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 5 million
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 74 days on average.
€ 3 million
▲ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 28,815,337 | € 39,756,836 | € 41,700,573 | € 40,446,020 | ▼ 3% |
| Profit after taxes | € 490,874 | € 2,960,283 | € 4,621,035 | € 3,423,404 | ▼ 26% |
| Equity | € 16,531,641 | € 19,491,924 | € 14,112,958 | € 12,536,363 | ▼ 11% |
| Total debts | € 18,257,173 | € 18,393,372 | € 29,021,419 | € 19,302,823 | ▼ 33% |
| Cash | € 31,885 | € 190,615 | € 3,176,833 | € 3,454,366 | ▲ 9% |
| Land & buildings | € 314,099 | € 303,396 | € 291,452 | € 282,731 | ▼ 3% |
| Retained profit | € 14,414,668 | € 17,374,951 | € 11,995,986 | € 10,419,390 | ▼ 13% |
| Dividend | € 0 | € 0 | € 10,000,000 | € 5,000,000 | ▼ 50% |
| Bank debt | € 8,422,238 | € 9,098,237 | € 7,388,181 | € 6,199,320 | ▼ 16% |
| Balance sheet total | € 34,789,326 | € 37,885,296 | € 43,134,377 | € 31,839,186 | ▼ 26% |
| Employees (FTE) | 153.3 | 151.6 | 160.7 | 157.6 | ▼ 3.1 |
Key figures of C-MAC ELECTROMAG, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to C-MAC ELECTROMAG?
What happened at C-MAC ELECTROMAG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3.4 million (▼ 26% vs 2024). Source: NBB ↗
- Riwan TAMIC became a director. NBB
- Danny DETEMMERMAN became a director. NBB
- Yves DEMEULEMEESTER became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Ronse. KBO
In short
From € 490,874 profit in 2022 to € 3.4 million profit in 2025.
Paid € 3.5 million in corporate taxes since 2022.
Best year ever: 2024, with € 4.6 million profit.
Paid out € 15 million in dividends to the owners in total.
Management
Behind C-MAC ELECTROMAG are Riwan TAMIC, Danny DETEMMERMAN and Yves DEMEULEMEESTER. The shares are held by C-MAC HOLDING NV (100%). It owns 100% of C-MAC Microcircuits, 100% of C-MAC SMT and 75% of C-MAC Blue Hub itself.
Directors
According to the 2025 annual accounts
Riwan TAMIC
Manager
since 2022
Danny DETEMMERMAN
Manager
since 2016
Yves DEMEULEMEESTER
Manager
since 2016
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Industriëlestraat 4
9600 Ronse
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0413.643.533
- VAT number
- BE 0413.643.533
- Registered office
- Industriëlestraat 4, 9600 Ronse
- Names & denominations
- C-MAC ELECTROMAG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 August 1973
- Peppol
- Active · Active since 5 Nov 2025
- Activities · NACE
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