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 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MAGNETS FOR EMULSIONS from Oostkamp, company number BE0869954792, closed financial year 2024 with a result of € -48,974 after tax. For that financial year MAGNETS FOR EMULSIONS recorded a gross margin of € -9,707 and equity of € -183,579. Compared with financial year 2023, the result moved from € 3,847 to € -48,974. 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 26, 2025.
€ -183,579
▼ € 48,974 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -48,974
▼ still € 3,847 profit in 2023
Profit after tax over the fiscal year.
€ 74,642
▲ 127% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -908,580.
Debts at end 2024
€ 62,500
Loans from banks and other lenders, long and short.
€ 32,407
▼ 62% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 14,823 | € 5,171 | € 38,076 | € -9,707 | ▼ € 47,783 |
| Profit after taxes | € -4,897 | € -21,833 | € 3,847 | € -48,974 | ▼ € 52,821 |
| Equity | € -116,619 | € -138,452 | € -134,605 | € -183,579 | ▼ € 48,974 |
| Total debts | € 281,456 | € 321,962 | € 391,250 | € 428,765 | ▲ 10% |
| Cash | € 10,860 | € 14,287 | € 32,889 | € 74,642 | ▲ 127% |
| Retained profit | € -841,621 | € -863,453 | € -859,606 | € -908,580 | ▼ € 48,974 |
| Bank debt | € 62,500 | € 62,500 | € 62,500 | € 62,500 | |
| Balance sheet total | € 164,837 | € 183,510 | € 256,645 | € 245,187 | ▼ 4% |
Key figures of MAGNETS FOR EMULSIONS, 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 MAGNETS FOR EMULSIONS?
What happened at MAGNETS FOR EMULSIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 48,974 (▼ € 52,821 vs 2023). filed late Source: NBB ↗
- New establishment in Oostkamp. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,897 loss in 2021 to € 48,974 loss in 2024.
Best year ever: 2023, with € 3,847 profit.
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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
The stake of CLARYS, GEMMA FRISIUS-FONDS KU LEUVEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MAGNETS FOR EMULSIONSBehind MAGNETS FOR EMULSIONS are Rudi Cuyvers, Kurt Clarys, Firmin Velghe and Johan Martens. The shares are held by CLARYS (35.3%) and GEMMA FRISIUS-FONDS KU LEUVEN.
Directors
According to the 2024 annual accounts
Rudi Cuyvers
Director
Also active at: TRANSPORT & MOBILITY LEUVEN, MatchID, Hammer-IMS, ZB Sports Development, Atmire, Formac Pharmaceuticals
Kurt Clarys
Managing director
Also active at: CLARYS, C.F.I. PRODUCTIONS, CLARGEL, UCOOK, CLARYS FOOD INGREDIENTS
Firmin Velghe
Director
Johan Martens
Director
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 34
8020 Oostkamp
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0869.954.792
- VAT number
- BE 0869.954.792
- Registered office
- Nijverheidsstraat 34, 8020 Oostkamp
- Names & denominations
- MAGNETS FOR EMULSIONS · M4E
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 November 2004
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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