ACTIVE

Magics Technologies

Financial year 2025 · Closed on 31/12/2025

Net result-3 M €-82,5 %over 1 year
Gross margin3 M €+0,3 %over 1 year
Equity11,1 M €+177,6 %over 1 year
Workforce38,8 ETP+1,8 %over 1 year

Identity

Source · BCE/KBO

Magics Technologies is a Public limited company incorporated in 2015. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Geel. It employs on average 38,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0634.891.526
Incorporation
04/08/2015
Legal form
Public limited company
Registered office
Cipalstraat 3
2440 Geel · FlandreSee on map
Contributed capital
12 808 314,77 €
Latest accounts
31/12/2025
Average workforce
38,8 ETP
Joint committees (4)
  • 111
  • 200
  • 209
  • 20900
Signals
Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 11 filings

Trend over 10 financial years

20252024202320222021
Income statement
Gross margin3 M €3 M €2,8 M €2 M €1,3 M €
EBITDA-1,6 M €-625,3 k €-404,8 k €-746 k €-634,3 k €
Operating result-3,7 M €-2 M €-1,2 M €-1,3 M €-898,5 k €
Net result-3 M €-1,7 M €-1 M €-1,3 M €-833,4 k €
Balance sheet
Equity11,1 M €4 M €3,3 M €2,8 M €2,9 M €
Total assets14,8 M €11,5 M €8,8 M €5 M €5,6 M €
Cash2,5 M €1 M €430,6 k €1,1 M €272,9 k €
Debts3,6 M €7,4 M €4,3 M €1,9 M €2,7 M €
Other
Workforce38,8 ETP38,1 ETP39,1 ETP35,2 ETP26,7 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 31/12/2025

7 active · 11 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
AlexErik0641.755.661Represented by Ying Cao
Managing director28/10/2015 → 07/04/2031Director04/05/2021 → 2022 accountsended
Flanders Future Techfund0729.794.445Represented by Peter Vos
Director07/04/2025 → 07/04/2031
INVEST FOR JOBS0644.590.437Represented by Dany Vandevelde
Director02/06/2023 → 07/04/2031
Renier Schaubroeck
Director29/09/2025 → 07/04/2031
Stefan Gogaert0877.997.874Represented by Stefan Gogaert
Director04/05/2022 → 07/04/2031
Director01/01/2023 → 07/04/2031
VJW0641.718.643Represented by Jens Verbeeck
Managing director28/10/2015 → 07/04/2031Director28/10/2015 → 2022 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Paul Leroux
Director04/05/2022 → 2024 accounts
Peter Grognard0470.419.811Represented by Peter GROGNARD
Director04/05/2022 → 2024 accounts
Nils Nijs
Director18/10/2021 → 2023 accounts

Other companies at this address

Cipalstraat 3 2440 Geel
CompanyCBE no.
CIPAL● Active
0442.802.030
C-smart● Active
0219.395.192
RideOnTrack● Active
0845.290.761
SC ONE● Active
1028.159.220
1028.264.831
TSS Belgium● Active
1037.665.913
0439.537.781

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/07/202610/07/202513/11/202413/06/202320/07/202216/07/2021
General meeting12/06/202613/06/202528/06/202402/06/202318/07/202204/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 11 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/06/202615/07/2026DutchPDF
Abridged model31/12/202413/06/202510/07/2025DutchPDF
Abridged modelCorrection31/12/202328/06/202413/11/2024DutchPDF
Abridged model31/12/202328/06/202412/08/2024DutchPDF
Abridged model31/12/202202/06/202313/06/2023DutchPDF
Abridged model31/12/202118/07/202220/07/2022DutchPDF
Abridged model31/12/202004/05/202116/07/2021DutchPDF
Abridged model31/12/201927/04/202023/07/2020DutchPDF
Abridged model31/12/201811/04/201930/08/2019DutchPDF
Abridged model31/12/201712/04/201827/06/2018DutchPDF
Abridged model31/12/201613/04/201716/05/2017DutchPDF

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 31/12/2025

7 active · 11 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
AlexErik0641.755.661Represented by Ying Cao
Managing director28/10/2015 → 07/04/2031Director04/05/2021 → 2022 accountsended
Flanders Future Techfund0729.794.445Represented by Peter Vos
Director07/04/2025 → 07/04/2031
INVEST FOR JOBS0644.590.437Represented by Dany Vandevelde
Director02/06/2023 → 07/04/2031
Renier Schaubroeck
Director29/09/2025 → 07/04/2031
Stefan Gogaert0877.997.874Represented by Stefan Gogaert
Director04/05/2022 → 07/04/2031
Director01/01/2023 → 07/04/2031
VJW0641.718.643Represented by Jens Verbeeck
Managing director28/10/2015 → 07/04/2031Director28/10/2015 → 2022 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Paul Leroux
Director04/05/2022 → 2024 accounts
Peter Grognard0470.419.811Represented by Peter GROGNARD
Director04/05/2022 → 2024 accounts
Nils Nijs
Director18/10/2021 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares19/11/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates10/10/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other25/04/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates03/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/03/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/10/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings10 filings
Mandates
Studiecentrum voor Kernenergie - Centre d'Etude de l'Energie Nucléaire
VJW
AlexErik
INVEST FOR JOBS
Flanders Future Techfund
Stefan Gogaert
Renier Schaubroeck
Peter Grognard
Paul Leroux
Nils Nijs
Vincent Massaut
Michel Steyaert
20152016201720182019202020212022202320242025202620272028202920302031
Magics TechnologiesMAGICS Instruments
Cipalstraat 3, 2440 Geel
Director
Managing directorDirector
Managing directorDirector
Director
Director
Director
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Cipalstraat 3, 2440 GeelCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00295681

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Magics TechnologiesCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00295681
MAGICS Instruments
accounts 2016 → 2020
Accounts 2020 · 2021-36700504

Events

  1. 2025
    Annual accounts 2025-3 M €↓
  2. 2024
    Annual accounts 2024-1,7 M €↓
  3. 2023
    Annual accounts 2023-1 M €↑
  4. 2022
    Annual accounts 2022-1,3 M €↓
  5. 2021
    Annual accounts 2021-833,4 k €↓
  6. 2021
    Name changeMagics Technologies
  7. 2020
    Annual accounts 2020848,1 k €↑
  8. 2019
    Annual accounts 2019-37,7 k €↑
  9. 2018
    Annual accounts 2018-109 k €↓
  10. 2017
    Annual accounts 201762,1 k €↑
  11. 2016
    Annual accounts 2016-170,6 k €
  12. 04/08/2015
    IncorporationPublic limited company