What is the address of MAGNESIUM METAL?

The registered office of MAGNESIUM METAL is located at Herfstdreef 13, 2360 Oud-Turnhout.

Is MAGNESIUM METAL still active?

Yes. According to the CBE (16 September 2026) MAGNESIUM METAL is active, legal situation “Normale toestand”, started on 23 November 2007.

Is MAGNESIUM METAL registered on Peppol?

Yes, MAGNESIUM METAL is registered on the Peppol network with ID 0208:0893687823.

What is the enterprise number of MAGNESIUM METAL?

The enterprise number of MAGNESIUM METAL is BE0893687823.

When was MAGNESIUM METAL founded?

MAGNESIUM METAL was founded on 23 November 2007.

Who are the directors of MAGNESIUM METAL?

According to the 2024 annual accounts, the directors of MAGNESIUM METAL are: INNEKE WILLEKENS.

Is MAGNESIUM METAL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 November 2007; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account; 2 establishments in the CBE.

How much profit did MAGNESIUM METAL make in 2024?

MAGNESIUM METAL recorded a loss after taxes of € 90,651 in financial year 2024.

What is the revenue of MAGNESIUM METAL?

As a small company, MAGNESIUM METAL is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 135,725.

MAGNESIUM METAL (Private Limited) - Oud-Turnhout

Dossier MAGNESIUM METAL, printed on 16 September 2026 from databakkes.be/en/0893687823/magnesium-metal. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 6 % of short-term debt in 2024; threshold 65 %.

Financials

Financial year 2024

MAGNESIUM METAL from Oud-Turnhout, company number BE0893687823, closed financial year 2024 with a result of € -90,651 after tax. For that financial year MAGNESIUM METAL recorded a gross margin of € 135,725 and equity of € 186,002. Compared with financial year 2023, the result moved from € 116,599 to € -90,651. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2025.

What it is worth Healthy

€ 186,002

▼ 33% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -90,651

▼ still € 116,599 profit in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 1,675

▼ 99% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 116,002.

Debts at end 2024

Bank debt ≈ 7 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 107,792

▼ 48% vs 2023

€ 14,883 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 5,803

Supplier invoices still open on the last day of the fiscal year.

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Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 406,042 Gross margin 2021: € 406,042 First fiscal year in the series	€ 397,354 Gross margin 2022: € 397,354 ▼ 2% vs 2021 (€ 406,042) Unfavourable step	€ 777,727 Gross margin 2023: € 777,727 ▲ 96% vs 2022 (€ 397,354) Favourable step	€ 135,725 Gross margin 2024: € 135,725 ▼ 83% vs 2023 (€ 777,727) Unfavourable step	▼ 83%
Profit after taxes	€ 69,022 Profit after taxes 2021: € 69,022 First fiscal year in the series	€ 25,199 Profit after taxes 2022: € 25,199 ▼ 63% vs 2021 (€ 69,022) Unfavourable step	€ 116,599 Profit after taxes 2023: € 116,599 ▲ € 91,400 vs 2022 (€ 25,199) Favourable step	€ -90,651 Profit after taxes 2024: € -90,651 ▼ € 207,250 vs 2023 (€ 116,599) Unfavourable step	▼ € 207,250
Equity	€ 134,855 Equity 2021: € 134,855 First fiscal year in the series	€ 160,054 Equity 2022: € 160,054 ▲ 19% vs 2021 (€ 134,855) Favourable step	€ 276,653 Equity 2023: € 276,653 ▲ 73% vs 2022 (€ 160,054) Favourable step	€ 186,002 Equity 2024: € 186,002 ▼ 33% vs 2023 (€ 276,653) Unfavourable step	▼ 33%
Total debts	€ 401,395 Total debts 2021: € 401,395 First fiscal year in the series	€ 710,051 Total debts 2022: € 710,051 ▲ 77% vs 2021 (€ 401,395) Unfavourable step	€ 317,069 Total debts 2023: € 317,069 ▼ 55% vs 2022 (€ 710,051) Favourable step	€ 486,557 Total debts 2024: € 486,557 ▲ 53% vs 2023 (€ 317,069) Unfavourable step	▲ 53%
Cash	€ 5,202 Cash 2021: € 5,202 First fiscal year in the series	€ 257 Cash 2022: € 257 ▼ 95% vs 2021 (€ 5,202) Unfavourable step	€ 167,940 Cash 2023: € 167,940 ▲ € 167,682 vs 2022 (€ 257) Favourable step	€ 1,675 Cash 2024: € 1,675 ▼ 99% vs 2023 (€ 167,940) Unfavourable step	▼ 99%
Land & buildings	€ 531,048 Land & buildings 2021: € 531,048 First fiscal year in the series	€ 869,847 Land & buildings 2022: € 869,847 ▲ 64% vs 2021 (€ 531,048) Unchanged	€ 404,988 Land & buildings 2023: € 404,988 ▼ 53% vs 2022 (€ 869,847) Unchanged	€ 650,883 Land & buildings 2024: € 650,883 ▲ 61% vs 2023 (€ 404,988) Unchanged	▲ 61%
Retained profit	€ 64,855 Retained profit 2021: € 64,855 First fiscal year in the series	€ 90,054 Retained profit 2022: € 90,054 ▲ 39% vs 2021 (€ 64,855) Favourable step	€ 206,653 Retained profit 2023: € 206,653 ▲ 129% vs 2022 (€ 90,054) Favourable step	€ 116,002 Retained profit 2024: € 116,002 ▼ 44% vs 2023 (€ 206,653) Unfavourable step	▼ 44%
Bank debt	€ 328,624 Bank debt 2021: € 328,624 First fiscal year in the series	€ 570,378 Bank debt 2022: € 570,378 ▲ 74% vs 2021 (€ 328,624) Unfavourable step	€ 208,294 Bank debt 2023: € 208,294 ▼ 63% vs 2022 (€ 570,378) Favourable step	€ 107,792 Bank debt 2024: € 107,792 ▼ 48% vs 2023 (€ 208,294) Favourable step	▼ 48%
Balance sheet total	€ 536,250 Balance sheet total 2021: € 536,250 First fiscal year in the series	€ 870,104 Balance sheet total 2022: € 870,104 ▲ 62% vs 2021 (€ 536,250) Unchanged	€ 593,722 Balance sheet total 2023: € 593,722 ▼ 32% vs 2022 (€ 870,104) Unchanged	€ 672,558 Balance sheet total 2024: € 672,558 ▲ 13% vs 2023 (€ 593,722) Unchanged	▲ 13%

Key figures of MAGNESIUM METAL, 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 MAGNESIUM METAL?

What happened at MAGNESIUM METAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 25, 2025 New annual accounts for financial year 2024: loss of € 90,651 (▼ € 207,250 vs 2023). filed late Source: NBB ↗
Feb 17, 2022 New establishment in Linter. KBO
Nov 23, 2007 New establishment in Dessel. KBO
Nov 23, 2007 Start of the company according to the CBE. KBO

In short

From € 69,022 profit in 2021 to € 90,651 loss in 2024.

Paid € 64,654 in corporate taxes since 2021.

Best year ever: 2023, with € 116,599 profit.

Original PDFs at the National Bank ↗

A new publication or filing at MAGNESIUM METAL? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

INNEKE WILLEKENS

MAGNESIUM METAL

JRC IMMO

Behind MAGNESIUM METAL is INNEKE WILLEKENS. INNEKE WILLEKENS is also behind JRC IMMO.

See the full network in the app

Directors

According to the 2024 annual accounts

INNEKE WILLEKENS

Director

Also active at: JRC IMMO

Establishments

Establishment units

Physical locations of this company

Registered office

Herfstdreef 13

2360 Oud-Turnhout

2.166.651.980

Pastorijstraat 29

2480 Dessel

Active since 23 November 2007

2.328.130.157

Heufstraat(OVH) 39

3350 Linter

Active since 17 February 2022

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0893.687.823
VAT number: BE 0893.687.823
Registered office: Herfstdreef 13, 2360 Oud-Turnhout
Names & denominations: MAGNESIUM METAL
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 23 November 2007
Peppol: Active · Active since 31 Jan 2026

View on CBE Public ↗ Annual accounts (NBB) ↗