Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
BAKKER MAGNETICS BELGIUM from Mechelen, company number BE0431086608, closed financial year 2024 with a result of € -60,598 after tax. For that financial year BAKKER MAGNETICS BELGIUM recorded a gross margin of € 44,738 and equity of € -16,714. Compared with financial year 2023, the result moved from € -18,818 to € -60,598. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2025.
€ -16,714
▼ € 60,598 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -60,598
▼ 222 % more loss than in 2023
Profit after tax over the fiscal year.
€ 13,116
▼ 83% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -78,714.
People and assets in 2024
1
Average over the fiscal year, from the social balance sheet.
€ 87,112
▼ 2% vs 2023
€ 87,100 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.
€ 1,926
▼ 42% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 109,758
Loans from banks and other lenders, long and short.
€ 171,695
▼ 37% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 17,144
▼ 43% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 58,082 | € 96,436 | € 81,621 | € 44,738 | ▼ 45% |
| Profit after taxes | € -35,701 | € 8,936 | € -18,818 | € -60,598 | ▼ € 41,780 |
| Equity | € 53,766 | € 62,702 | € 43,884 | € -16,714 | ▼ € 60,598 |
| Total debts | € 305,311 | € 409,802 | € 433,951 | € 322,621 | ▼ 26% |
| Cash | € 45,039 | € 65,326 | € 76,501 | € 13,116 | ▼ 83% |
| Retained profit | € -8,234 | € 702 | € -18,116 | € -78,714 | ▼ € 60,598 |
| Bank debt | € 109,553 | € 109,553 | € 109,758 | € 109,758 | |
| Balance sheet total | € 359,077 | € 472,505 | € 477,835 | € 305,907 | ▼ 36% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of BAKKER MAGNETICS BELGIUM, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to BAKKER MAGNETICS BELGIUM?
What happened at BAKKER MAGNETICS BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
BAKKER MAGNETICS BELGIUM is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 60,598. filed late Source: NBB ↗
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,701 loss in 2021 to € 60,598 loss in 2024.
Paid € 2,776 in corporate taxes since 2021.
Best year ever: 2022, with € 8,936 profit.
On average € 44,700 of value added per employee in 2024.
Management
The stake of EUROMAGNEET BVBA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BAKKER MAGNETICS BELGIUMBehind BAKKER MAGNETICS BELGIUM is Gerardus Bakker. The shares are held by EUROMAGNEET BVBA (100%).
Directors
According to the 2024 annual accounts
Gerardus Bakker
Director
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zandvoortstraat 12B
2800 Mechelen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
Domain
Domain
bakkermagnetics.com
Registered
1998-03-11
Registrar
The Registrar Company B.V.
Expires
2027-03-10
Website info
Features
Security
Details
- Company number
- 0431.086.608
- VAT number
- BE 0431.086.608
- Registered office
- Zandvoortstraat 12B, 2800 Mechelen
- Names & denominations
- BAKKER MAGNETICS BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 8 May 1987
- Peppol
- Active · Active since 22 Aug 2025
- Contact
- bakkermagnetics.com
- Activities · NACE
Groothandel in gereedschapswerktuigen