MAGNETIC
ActiveSummary
For the legal form of MAGNETIC, Checked does not compute a bankruptcy probability. The 2024 annual accounts show equity of €9.5m and a net result of €130,289. Equity remains stable across the filed fiscal years (±1.4% per year). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability41▼-8
Solvency100=
Growth78=
Track record100
Credit verdict
Credit up to €600,000 at 30 days acceptable
short-term debt: 0% and cash: 1.7% of total assets, and 4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €9.5m
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
23 d late
2022
42 d early
2021
31 d early
2020
12 d early
2019
35 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 12 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€130,289▼ 66.7%
2023 · €391,365
Working capital
€825,230▼ 4.5%
2023 · €864,198
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€8,787▲ 44.1%-€20,729▼ 136%-€9,955▲ 52.0%-€24,592▼ 147%-€54,900▼ 123%
Net result€23,705▼ 58.3%€68,495▲ 189%€35,312▼ 48.4%€391,365▲ 1,008%€130,289▼ 66.7%
Equity€8.0m▲ 0.3%€8.1m▲ 0.9%€8.1m▲ 0.4%€8.5m▲ 4.8%€9.5m▲ 11.3%
Total assets€8.0m▲ 0.2%€8.1m▲ 1.1%€8.2m▲ 0.4%€8.5m▲ 4.5%€9.9m▲ 15.8%
Debt€12,492▼ 27.6%€32,654▲ 161%€29,063▼ 11.0%€4,160▼ 85.7%€394,234▲ 9,377%
Working capital€54,660▲ 76.6%-€13,324€21,987€864,198▲ 3,830%€825,230▼ 4.5%
Staff (FTE)00
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €54,900 in 2024 against €24,592 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €9.9m
Fixed assets
€9.1m ▲ 18.1%
Current assets
€829,464 ▼ 4.5%
Equity and liabilities €9.9m
Equity
€9.5m ▲ 11.3%
Debt
€394,234 ▲ 9,377%
Debt's share of the balance-sheet total rises from 0.0% to 4.0%. Equity and debt are higher.
Key figures and ratios
Debt to equity
0.04▲
2023 · 0.00
ROE
1.4%▼
2023 · 4.6%
ROA
1.3%▼
2023 · 4.6%
Debt ≤ 1 year
€4,234▲
2023 · €4,160
Debt > 1 year
€390,000
Income taxes
€0▼
2023 · €41,417
A ratio outside any meaningful range has been withheld (balance sheet total €9.9m, equity €9.5m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €18,013 | €7,677 | €22,597 | €25,024 | ▲ 10.7% |
| Gross operating margin9900 | -€2,669 | -€2,716 | -€2,278 | -€1,996 | -€29,877 | ▼ 1,397% |
| Operating profit (loss)9901 | -€8,787 | -€20,729 | -€9,955 | -€24,592 | -€54,900 | ▼ 123% |
| Financial income75/76B | - | €114,302 | €45,394 | €457,520 | €187,633 | ▼ 59.0% |
| Recurring financial income75 | €35,002 | €114,302 | €45,394 | €457,520 | €187,633 | ▼ 59.0% |
| Financial charges65/66B | - | €158 | €127 | €146 | €2,444 | ▲ 1,579% |
| Recurring financial charges65 | €150 | €158 | €127 | €146 | €2,444 | ▲ 1,579% |
| Profit (loss) for the period before taxes9903 | €26,065 | €93,415 | €35,312 | €432,782 | €130,289 | ▼ 69.9% |
| Income taxes67/77 | €2,360 | €24,920 | €0 | €41,417 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €23,705 | €68,495 | €35,312 | €391,365 | €130,289 | ▼ 66.7% |
| Profit (loss) for the period to be appropriated9905 | €23,705 | €68,495 | €35,312 | €391,365 | €130,289 | ▼ 66.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.0m | €8.1m | €8.2m | €8.5m | €9.9m | ▲ 15.8% |
| Fixed assets21/28 | €8.0m | €8.1m | €8.1m | €7.7m | €9.1m | ▲ 18.1% |
| Financial fixed assets28 | €8.0m | €8.1m | €8.1m | €7.7m | €9.1m | ▲ 18.1% |
| Current assets29/58 | €67,152 | €19,330 | €51,050 | €868,358 | €829,464 | ▼ 4.5% |
| Amounts receivable within one year40/41 | - | - | - | €2,023 | €8,054 | ▲ 298% |
| Other amounts receivable41 | - | - | - | €2,023 | €8,054 | ▲ 298% |
| Current investments50/53 | - | - | - | €853,523 | €655,832 | ▼ 23.2% |
| Cash at bank and in hand54/58 | €67,152 | €19,330 | €51,050 | €12,812 | €165,578 | ▲ 1,192% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.0m | €8.1m | €8.2m | €8.5m | €9.9m | ▲ 15.8% |
| Equity10/15 | €8.0m | €8.1m | €8.1m | €8.5m | €9.5m | ▲ 11.3% |
| Contributions10/11 | - | €7.7m | €7.7m | €7.7m | €8.4m | ▲ 8.9% |
| Reserves13 | €10,390 | €10,390 | €10,390 | €10,390 | €1.1m | ▲ 10,071% |
| Non-distributable reserves130/1 | - | €10,390 | €10,390 | €10,390 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €10,390 | €10,390 | €10,390 | €0 | ▼ 100% |
| Distributable reserves133 | - | - | - | - | €1.1m | - |
| Profit (loss) carried forward14 | €277,513 | €346,008 | €381,320 | €772,685 | €0 | ▼ 100% |
| Amounts payable17/49 | €12,492 | €32,654 | €29,063 | €4,160 | €394,234 | ▲ 9,377% |
| Amounts payable after more than one year17 | - | - | - | - | €390,000 | - |
| Other amounts payable178/9 | - | - | - | - | €390,000 | - |
| Amounts payable within one year42/48 | €12,492 | €32,654 | €29,063 | €4,160 | €4,234 | ▲ 1.8% |
| Trade debts44 | €2,091 | €2,271 | €1,907 | €1,924 | €1,998 | ▲ 3.8% |
| Suppliers440/4 | - | €2,271 | €1,907 | €1,924 | €1,998 | ▲ 3.8% |
| Taxes, remuneration and social security45 | - | €24,920 | €24,920 | €0 | - | - |
| Taxes450/3 | - | €24,920 | €24,920 | €0 | - | - |
| Other amounts payable47/48 | - | €5,463 | €2,236 | €2,236 | €2,236 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,705 | €68,495 | €35,312 | €391,365 | €130,289 | ▼ 66.7% |
| Operating cash flow (approximation) | €23,705 | €68,495 | €35,312 | €391,365 | €130,289 | ▼ 66.7% |
| Investment in fixed assets (approximation) | - | -€136,479 | €0 | €450,845 | -€1.4m | ▼ 408% |
| Change in cash | - | -€47,822 | €31,720 | -€38,239 | €152,766 | ▲ 500% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 27 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 23 days late
2023
31-12
Financial
Highest result since 2018net €391,365 ▲1,008%
Net result €391,365, the highest in the series.
31-12
Financial
Liquidity times 119current ratio 208.74
Current ratio from 1.76 to 208.74; short-term debt falls from €29,063 to €4,160.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity triplescurrent ratio 1.76
Current ratio from 0.59 to 1.76; short-term debt falls from €32,654 to €29,063.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €23,705 ▼58.3%
Net result drops to €23,705, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity triplescurrent ratio 2.79
Current ratio from 1.04 to 2.79; short-term debt falls from €23,003 to €17,261.
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Show earlier events
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Marcq-en-Baroeul · 1 establishment unit since 2015
Cannot be placed on the map
The registered office is abroad (France). The address register our map runs on (BOSA BEST) covers Belgian addresses only.
Rue Albert Bailly 54959700 Marcq-en-BaroeulFranceGround area
7,436 m²
Building footprint
2,158 m²
Volume, LiDAR
16,577 m³
Parcel 54007B0410/00G000, Wallonia · tallest building 13.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MAGNETIC SPRL
since 20152.240.643.778
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54007B0410/00G000 | Wallonia | 7,436 m² | 1 · 2,158 m² | 13.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
875500SS4H9L5E785997
Identification & contact
Identification
Legal formForeign entity
Founded10-03-2014
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.