Magnax
ActiveSummary
Magnax has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15.8m and a net result of -€1.5m. Equity is growing by about 24% per year across the filed financial years. Its solvency ranks better than 82% of 271 sector peers (NACE 72, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Magnax
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, Artikel 2” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Two directors jointlydeed of 27-05-2022
- Board ruleHow the board is made up, meets and takes decisions.
- “Collegiaal bestuursorgaan, meerdere bestuurders” (deed in Dutch)“7, Bestaande Aandeelhouder Bestuurders” (deed in Dutch)“Deel bevoegdheid ten titel van bijzondere volmacht aan derde aangestelde, alle handelingen nodig of dienstig tot verwezenlijking voorwerp” (deed in Dutch)deed of 18-03-2026
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- “Jan Bogaert” (deed in Dutch)“Katrien Vansina” (deed in Dutch)“Julius Vogeleer” (deed in Dutch)“Marcos Lamin-Busschots” (deed in Dutch)1 more provision on this in the deeddeed of 04-06-2026
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “8, desgevallend voorzien van een volgnummer” (deed in Dutch)deed of 03-08-2023
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Aandelen blijven toebehoren tot de soort waartoe zij behoorden op het ogenblik van de overdracht” (deed in Dutch)deed of 20-10-2026
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Controle van de vennootschap Wanneer het door de wet vereist is en binnen de wettelijke grenzen, wordt het toezicht op de vennootschap…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering met inachtneming vereisten voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Alle machten genoemd in artikel 2:87 Wetboek van vennootschappen en verenigingen, zonder bijzondere machtiging algemene vergadering…” (deed in Dutch)