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 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
MAGNETS FOR EMULSIONS from Oostkamp, company number BE0869954792, closed financial year 2025 with a result of € -69,935 after tax. For that financial year MAGNETS FOR EMULSIONS recorded a gross margin of € -26,974 and equity of € -253,514. Compared with financial year 2024, the result moved from € -48,974 to € -69,935. 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 29, 2026.
€ -253,514
▼ € 69,935 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -69,935
▼ 43 % more loss than in 2024
Profit after tax over the fiscal year.
€ 53,090
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -978,515.
Debts at end 2025
€ 66,216
▲ 6% vs 2024
Loans from banks and other lenders, long and short.
€ 20,595
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,515
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 5,171 | € 38,076 | € -9,707 | € -26,974 | ▼ € 17,267 |
| Profit after taxes | € -21,833 | € 3,847 | € -48,974 | € -69,935 | ▼ € 20,962 |
| Equity | € -138,452 | € -134,605 | € -183,579 | € -253,514 | ▼ € 69,935 |
| Total debts | € 321,962 | € 391,250 | € 428,765 | € 646,339 | ▲ 51% |
| Cash | € 14,287 | € 32,889 | € 74,642 | € 53,090 | ▼ 29% |
| Retained profit | € -863,453 | € -859,606 | € -908,580 | € -978,515 | ▼ € 69,935 |
| Bank debt | € 62,500 | € 62,500 | € 62,500 | € 66,216 | ▲ 6% |
| Balance sheet total | € 183,510 | € 256,645 | € 245,187 | € 392,825 | ▲ 60% |
Key figures of MAGNETS FOR EMULSIONS, 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 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 2025: loss of € 69,935. filed late Source: NBB ↗
- Rudi CUYVERS stepped down as director. NBB
- Firmin VELGHE stepped down as director. NBB
- Rudi CUYVERS became a director. NBB
- Firmin VELGHE became a director. NBB
- New establishment in Oostkamp. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,833 loss in 2022 to € 69,935 loss in 2025.
Best year ever: 2023, with € 3,847 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 Kurt CLARYS and Johan MARTENS. The shares are held by CLARYS (35.3%) and GEMMA FRISIUS-FONDS KU LEUVEN.
Directors
According to the 2025 annual accounts
Kurt CLARYS
Managing director
Also active at: CLARYS, C.F.I. PRODUCTIONS, CLARGEL, UCOOK, CLARYS FOOD INGREDIENTS
Johan MARTENS
Director
Rudi CUYVERS
Director
Also active at: TRANSPORT & MOBILITY LEUVEN, MatchID, Hammer-IMS, ZB Sports Development, Atmire, Formac Pharmaceuticals
since 2022 · until 2025
Firmin VELGHE
Director
since 2022 · until 2025
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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