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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2024; threshold 65 %.
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Late annual account NBB
Fiscal year 2024 was filed 348 days after the legal deadline.
Financials
Financial year 2024
MAGMA NOVA from Sint-Jans-Molenbeek, company number BE0838739796, closed financial year 2024 with a result of € -45,322 after tax. For that financial year MAGMA NOVA recorded a gross margin of € 87,043 and equity of € -227,024. Compared with financial year 2023, the result moved from € -57,652 to € -45,322. 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 July 14, 2026.
€ -227,024
▼ € 45,322 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -45,322
▲ 21 % less loss than in 2023
Profit after tax over the fiscal year.
€ 119,332
▲ 44% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -605,024.
Debts at end 2024
€ 71,295
▼ 28% vs 2023
€ 28,976 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 212,448
▲ 60% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 28,356 | € 46,780 | € 80,322 | € 87,043 | ▲ 8% |
| Profit after taxes | € -64,125 | € -79,069 | € -57,652 | € -45,322 | ▲ € 12,331 |
| Equity | € -44,981 | € -124,050 | € -181,702 | € -227,024 | ▼ € 45,322 |
| Total debts | € 783,026 | € 870,001 | € 934,781 | € 986,459 | ▲ 6% |
| Cash | € 2,639 | € 44,788 | € 82,716 | € 119,332 | ▲ 44% |
| Land & buildings | € 735,406 | € 701,163 | € 670,363 | € 640,103 | ▼ 5% |
| Retained profit | € -422,981 | € -502,050 | € -559,702 | € -605,024 | ▼ € 45,322 |
| Bank debt | € 153,770 | € 126,989 | € 99,508 | € 71,295 | ▼ 28% |
| Balance sheet total | € 738,045 | € 745,951 | € 753,079 | € 759,434 | ▲ 1% |
Key figures of MAGMA NOVA, 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 MAGMA NOVA?
What happened at MAGMA NOVA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 45,322. filed late Source: NBB ↗
- New establishment in Sint-Jans-Molenbeek. KBO
- Vincent Vanden Elsacker became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 64,125 loss in 2021 to € 45,322 loss in 2024.
Paid € 114,973 in corporate taxes since 2021.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MAGMA NOVA is Vincent Vanden Elsacker.
Directors
According to the 2024 annual accounts
Vincent Vanden Elsacker
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Jubelfeestlaan 128
1080 Sint-Jans-Molenbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0838.739.796
- VAT number
- BE 0838.739.796
- Registered office
- Jubelfeestlaan 128, 1080 Sint-Jans-Molenbeek
- Names & denominations
- MAGMA NOVA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 August 2011
- Peppol
- Active · Active since 8 Jul 2026