ACTIVE

Magnetrol International

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Financial year 2023 · Closed on 31/12/2023

Net result1,9 M €+176,1 %over 1 year

Revenue22,3 M €-5,8 %over 1 year

Equity16,3 M €+2,4 %over 1 year

Workforce82,2 ETP-18,6 %over 1 year

Identity

Source · BCE/KBO

Magnetrol International is a Public limited company incorporated in 1971. Its main activity is: Manufacture of instruments and appliances for measuring, testing and navigation. Its registered office is in Zele. It employs on average 82,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0411.639.987
Incorporation: 16/11/1971
Legal form: Public limited company
Registered office: Heikensstraat 6
9240 Zele · FlandreSee on map
Contributed capital: 12 000 000,00 €
Latest accounts: 31/12/2023
Average workforce: 82,2 ETP

Activities (NACE)

26510Manufacture of instruments and appliances for measuring, testing and navigation· main 26510Manufacture of instruments and appliances for measuring, testing and navigation 33201Installation of industrial machinery and equipment

Joint committees (3)

Contacts

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Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2023		2022		2021		2020		2019
Income statement
Revenue	22,3 M €	-5.8%	23,7 M €	-5.7%	25,1 M €	-8.3%	27,4 M €	-6.9%	29,4 M €
EBITDA	2,6 M €	+275%	-1,5 M €	-1724%	-81,3 k €	+8.0%	-88,3 k €	-109%	939,8 k €
Operating result	2,1 M €	+215%	-1,8 M €	-219%	-576,7 k €	+23.3%	-752 k €	-306%	365 k €
Net result	1,9 M €	+176%	-2,5 M €	-74.4%	-1,4 M €	-226%	-435,2 k €	-396%	147,2 k €
Balance sheet
Equity	16,3 M €	+2.4%	15,9 M €	-13.5%	18,4 M €	+101%	9,1 M €	-4.5%	9,6 M €
Total assets	20,9 M €	-6.3%	22,3 M €	+0.6%	22,2 M €	+9.0%	20,4 M €	-7.3%	22 M €
Cash	9,8 M €	+58.7%	6,2 M €	+7.9%	5,7 M €	+117%	2,6 M €	-22.3%	3,4 M €
Debts	3,9 M €	-32.9%	5,8 M €	+110%	2,8 M €	-73.0%	10,2 M €	-9.6%	11,3 M €
Other
Workforce	82,2 ETP	-18.6%	101,0 ETP	-13.1%	116,2 ETP	-5.2%	122,6 ETP	-1.1%	124,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2023

4 active · 27 ended

Active mandates

Davis James

Director · since 02 octobre 2023 · until 17 avril 2024

Active

Michael Brian

Managing director · since 02 octobre 2023 · until 01 octobre 2029

Active

Zetti Pietro

Director · since 02 octobre 2023 · until 01 octobre 2029

Active

Thomas Marecic

Director · since 26 mars 2021 · until 26 mars 2027

Active

Ended mandates

David Hermance

Director · since 26 mars 2021 · until 26 mars 2027

Ended

Joel Frie

Managing director · since 26 mars 2021 · until 26 mars 2027

Ended

Robert Feltgen

Director · since 04 septembre 2018 · until 26 mars 2021

Ended

Robert Feltgen

Director · since 04 septembre 2018 · until 28 avril 2021

Ended

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/09/2025	12/07/2024	01/08/2023	07/06/2022	20/05/2021	08/06/2020
General meeting	20/06/2025	10/07/2024	08/06/2023	27/05/2022	17/05/2021	20/05/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	20/06/2025	19/09/2025	Dutch	PDF
Full model	31/12/2023	10/07/2024	12/07/2024	Dutch	PDF
Full model	31/12/2022	08/06/2023	01/08/2023	Dutch	PDF
Full model	31/12/2021	27/05/2022	07/06/2022	Dutch	PDF
Full model	31/12/2020	17/05/2021	20/05/2021	Dutch	PDF
Full model	31/12/2019	20/05/2020	08/06/2020	Dutch	PDF
Full model	31/12/2018	16/05/2019	28/05/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	16/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	14/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	19/07/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	29/07/2015	Dutch	PDF
Full model	31/12/2013	30/06/2014	24/07/2014	Dutch	PDF
Full model	31/12/2012	15/05/2013	14/06/2013	Dutch	PDF
Full model	31/12/2011	07/05/2012	21/05/2012	Dutch	PDF
Full model	31/12/2010	27/04/2011	20/07/2011	Dutch	PDF
Full model	31/12/2009	28/04/2010	10/05/2010	Dutch	PDF
Full model	31/12/2008	23/04/2009	08/05/2009	Dutch	PDF
Full modelCorrection	31/12/2007	30/04/2008	28/08/2008	Dutch	PDF
Full model	31/12/2007	30/04/2008	19/05/2008	Dutch	PDF
Full model	31/12/2006	25/04/2007	25/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2023

4 active · 27 ended

Active mandates

Davis James

Director · since 02 octobre 2023 · until 17 avril 2024

Active

Michael Brian

Managing director · since 02 octobre 2023 · until 01 octobre 2029

Active

Zetti Pietro

Director · since 02 octobre 2023 · until 01 octobre 2029

Active

Thomas Marecic

Director · since 26 mars 2021 · until 26 mars 2027

Active

Ended mandates

David Hermance

Director · since 26 mars 2021 · until 26 mars 2027

Ended

Joel Frie

Managing director · since 26 mars 2021 · until 26 mars 2027

Ended

Robert Feltgen

Director · since 04 septembre 2018 · until 26 mars 2021

Ended

Robert Feltgen

Director · since 04 septembre 2018 · until 28 avril 2021

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates11/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/05/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares21/04/2021
KAPITAAL - AANDELEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2023
Annual accounts 20231,9 M €↑
2022
Annual accounts 2022-2,5 M €↓
2021
Annual accounts 2021-1,4 M €↓
2020
Annual accounts 2020-435,2 k €↓
2019
Annual accounts 2019147,2 k €↑
2018
Annual accounts 2018-1,7 M €↑
2017
Annual accounts 2017-3,4 M €↓
2016
Annual accounts 2016317,6 k €↑
2015
Annual accounts 2015-2,3 M €↓
2014
Annual accounts 2014875,2 k €↓
2013
Annual accounts 20131,8 M €↑
2012
Annual accounts 20121,6 M €↓
2011
Annual accounts 20111,7 M €↑
2010
Annual accounts 2010767,7 k €↓
2009
Annual accounts 20092,7 M €↓
2008
Annual accounts 20083,2 M €↑
2007
Annual accounts 20072,4 M €↑
2006
Annual accounts 2006-823,4 k €
16/11/1971
IncorporationPublic limited company

Magnetrol International

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline