Skip to content

Magics Technologies

Active
Public limited companyfounded 201511 yrs activeCipalstraat 3, 2440 Geel, BelgiumKBO/BCE: BE 0634.891.526
Summary

The annual accounts of Magics Technologies for fiscal year 2025 show a net loss of 76% of the equity at the start of that year. The 2025 annual accounts show equity of €11.05M and a net result of €-3.02M. Equity is growing by ~25% per year across the filed fiscal years. Its solvency ranks better than 69% of 190 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
59 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-1
Solvency100▲+40
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €650k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.14 against 1.33 in 2024; short-term debt: 21.6% and cash: 16.9% of total assets), and 25.5% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Sector 72
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
74.5%
Return on assets
-20.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
16 d early
2024
21 d early
2023
12 d late
2022
48 d early
2021
11 d early
2020
15 d early
2019
8 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-3.02M▼ 82.5%
2024 · €-1.65M
2018: €-109k 2019: €-38k 2020: €848k 2021: €-833k 2022: €-1.27M 2023: €-1.00M 2024: €-1.65M
2018 → 2025
Working capital
€3.65M▲ 194%
2024 · €1.24M
2018: €463k 2019: €197k 2020: €780k 2021: €1.16M 2022: €697k 2023: €2.68M 2024: €1.24M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€2.93M-€2.85M▼ 2.7%€3.32M▲ 16.8%€3.98M▲ 19.7%€11.05M▲ 178%
Operating result€-899k-€-1.27M▼ 41.9%€-1.20M▲ 6.2%€-1.99M▼ 66.6%€-3.69M▼ 85.1%
Net result€-833k-€-1.27M▼ 52.5%€-1.00M▲ 21.0%€-1.65M▼ 64.5%€-3.02M▼ 82.5%
Result per fiscal year
Operating resultNet result
€-4.00M€-3.00M€-2.00M€-1.00M€0Operating result 2021: €-899k€-899kNet result 2021: €-833k€-833kOperating result 2022: €-1.27M€-1.27MNet result 2022: €-1.27M€-1.27MOperating result 2023: €-1.20M€-1.20MNet result 2023: €-1.00M€-1.00MOperating result 2024: €-1.99M€-1.99MNet result 2024: €-1.65M€-1.65MOperating result 2025: €-3.69M€-3.69MNet result 2025: €-3.02M€-3.02M20212022202320242025€-4M€-3M€-2M€-1M€0Operating result 2023: €-1.20M€-1.2MNet result 2023: €-1.00M€-1MOperating result 2024: €-1.99M€-2MNet result 2024: €-1.65M€-1.7MOperating result 2025: €-3.69M€-3.7MNet result 2025: €-3.02M€-3M202320242025
The operating result stays negative: a loss of €3.69M in 2025 against €1.99M in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14.75M
Fixed assets €7.88M ▲ 22.4%
Current assets €6.86M ▲ 35.7%
Equity and liabilities €14.83M
Equity €11.05M ▲ 178%
Debt €3.78M ▼ 49.7%
Debt's share of the balance-sheet total falls from 65.4% to 25.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-1.63M
2024 · €-625k
Cash flow
€-962k
2024 · €-287k
Current ratio
2.14
2024 · 1.33
Quick ratio
1.95
2024 · 1.15
Debt to equity
0.34
2024 · 1.89
ROE
-27.3%
2024 · -41.5%
ROA
-20.3%
2024 · -14.4%
Interest coverage
-8.48
2024 · -1.76
Debt ≤ 1 year
€3.21M
2024 · €3.82M
Debt > 1 year
€383k
2024 · €3.54M
Income taxes
€-107k
2024 · €-153k
Staff costs
€3.88M
2024 · €3.66M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 62 lines
Balance sheet Code20242025
Assets
Total assets20/58€11.50M€14.83M
Formation expenses20-€88k
Fixed assets21/28€6.44M€7.88M
Intangible fixed assets21€6.16M€7.53M
Tangible fixed assets22/27€256k€310k
Plant, machinery and equipment23€213k€269k
Furniture and vehicles24€43k€40k
Financial fixed assets28€26k€44k
Current assets29/58€5.06M€6.86M
Amounts receivable after more than one year29€350k€426k
Other amounts receivable291€350k€426k
Stocks and contracts in progress3€657k€602k
Stocks30/36€657k€602k
Amounts receivable within one year40/41€2.90M€3.21M
Trade receivables40€282k€860k
Other amounts receivable41€2.62M€2.35M
Cash at bank and in hand54/58€1.02M€2.51M
Deferred charges and accrued income490/1€130k€118k
Equity and liabilities
Total equity and liabilities10/49€11.50M€14.83M
Equity10/15€3.98M€11.05M
Contributions10/11€3.07M€12.81M
Capital10€848k€10.59M
Issued capital100€857k€10.69M
Uncalled capital101€9k€99k
Outside capital11€2.22M€2.22M=
Share premium1100/10€2.22M€2.22M=
Reserves13€593k€593k=
Distributable reserves133€593k€593k=
Profit (loss) carried forward14€-4.76M€-7.78M
Investment grants15€5.08M€5.43M
Amounts payable17/49€7.52M€3.78M
Amounts payable after more than one year17€3.54M€383k
Financial debts170/4€3.54M€383k
Amounts payable within one year42/48€3.82M€3.21M
Current portion of amounts payable after more than one year42€407k€472k
Financial debts43€1.11M€862k
Credit institutions430/8€1.11M€862k
Trade debts44€994k€476k
Suppliers440/4€994k€476k
Advances received on contracts in progress46€446k€70k
Taxes, remuneration and social security45€860k€1.33M
Taxes450/3€291k€921k
Remuneration and social security454/9€568k€407k
Accrued charges and deferred income492/3€159k€190k
Income statement Code20242025
Non-recurring operating income76A€0€14k
Remuneration, social security and pensions62€3.66M€3.88M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.37M€2.05M
Other operating charges640/8€2k€14k
Non-recurring operating charges66A€0€789k
Gross operating margin9900€3.04M€3.05M
Operating profit (loss)9901€-1.99M€-3.69M
Financial income75/76B€542k€754k
Recurring financial income75€542k€754k
Financial charges65/66B€356k€192k
Recurring financial charges65€356k€192k
Profit (loss) for the period before taxes9903€-1.81M€-3.12M
Income taxes67/77€-153k€-107k
Profit (loss) for the period9904€-1.65M€-3.02M
Profit (loss) for the period to be appropriated9905€-1.65M€-3.02M
Appropriation of the result
Profit (loss) to be appropriated9906€-4.76M€-7.78M
Profit (loss) brought forward from the previous period14P€-3.11M€-4.76M
Social balance
Average headcount (FTE)908738.138.8

The notes to these accounts (31 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Weakest financial yearnet €-3.02M
Net result drops to €-3.02M, the lowest in the series.
31-12
Financial Equity above €10MEq €11.05M ▲178%
Equity rises from €3.98M to €11.05M.
19-11
State Gazette act Capital & shares · Statutes amendment
Capital increase · Share issue · Capital5 facts ▸
  • General meeting, 27-10-2025
  • Capital increase, €126.974,27
  • Share issue, Gewone Aandelen, 16285
  • Capital, €10.688.236,12
  • Statutes amendment
10-10
State Gazette act Reappointment: BAKER TILLY BEDRIJFSREVISOREN (statutory auditor)
Permanent representatives: Christel DE BLANDER and VANDEVELDE Dany Firmin Josefine · Appointment: SCHAUBROECK Renier Christian Maria-Teresa (director) · Approval11 facts ▸
  • General meeting, 29/09/2025
  • Approval
  • Capital increase, €4.000.012,94
  • Capital, €10.561.261,85
  • Share issue, 10 jaar, Anti-Dilutie Inschrijvingsrechten 2025bis
  • Share issue, 10 jaar, Schadevergoedingsinschrijvingsrechten 2025bis
  • Power of attorney, MAGICS TECHNOLOGIES
  • Auditor reappointment, BAKER TILLY BEDRIJFSREVISOREN
  • Permanent representative, Christel DE BLANDER
  • Director appointment, SCHAUBROECK Renier Christian Maria-Teresa (director)
  • Permanent representative, VANDEVELDE Dany Firmin Josefine
14-07
State Gazette act Resignations & appointments
Power of attorney3 facts ▸
  • Board meeting, 04-04-2025
  • Power of attorney, Stressless Consulting BV
  • Power of attorney, Hagen Marien
10-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
25-04
State Gazette act Resignation: MAGICS TECHNOLOGIES (director)
Appointments: VJW, ALEXERIK and 4 others · Permanent representatives: Jens Verbeeck, Ying CAO and 4 others · Approval32 facts ▸
  • General meeting, 07-04-2025
  • Approval, 07-04-2025
  • Share class restructuring, schrapping bestaande aandelensoorten, creatie twee nieuwe aandelensoorten (Gewone Aandelen en Preferente Aandelen), herkwalificatie bestaande aandelen
  • Capital increase, €2.639.923,62
  • Bank account, KBC Bank NV
  • Capital increase, €3.064.630,46
  • Contribution in kind, EUR, Preferente aandelen
  • Capital, €6.561.248,91
  • Share issue, 10 jaar, ESOP Inschrijvingsrechten
  • Share issue, 10 jaar, Anti-Dilutie Inschrijvingsrechten 2025
  • Share issue, 10 jaar, Schadevergoedingsinschrijvingsrechten
  • Share cancellation, ESOP Inschrijvingsrechten, 24107
  • +20 further facts in this act
2024
13-11
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 12 days late
12-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 12 days late
2023
03-08
State Gazette act Resignations: Nils Nijs (director) and Vincent Massaut (director)
Appointments: Invest for Jobs NV (director) and Studiecentrum voor Kernenergie/Centre dEtude de l'Energie Nucléaire (SCK-CEN) (director) · Permanent representatives: Nils Nijs and Pascal De Langhe · Mandate compensation9 facts ▸
  • General meeting, 02-06-2023
  • Director resignation, Nils Nijs (director)
  • Director appointment, Invest for Jobs NV (director)
  • Permanent representative, Nils Nijs
  • Mandate compensation, Invest for Jobs NV
  • Director resignation, Vincent Massaut (director)
  • Director appointment, Studiecentrum voor Kernenergie/Centre dEtude de l'Energie Nucléaire (SCK-CEN) (director)
  • Permanent representative, Pascal De Langhe
  • Mandate compensation, Studiecentrum voor Kernenergie/Centre dEtude de l'Energie Nucléaire (SCK-CEN)
13-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
Show earlier events
01-03
State Gazette act Reappointments: Leroux Paul (director) and Peter Grognard BV (director)
Permanent representatives: Peter Grognard, Stefan Gogaert and 2 others · Resignation: Stefan Gogaert (director) · Appointment: Stefan Gogaert BV (bijkomend bestuurder)15 facts ▸
  • Director reappointment, Leroux Paul (director)
  • Director reappointment, Peter Grognard BV (director)
  • Permanent representative, Peter Grognard
  • Director resignation, Stefan Gogaert (director)
  • Director appointment, Stefan Gogaert BV (bijkomend bestuurder)
  • Permanent representative, Stefan Gogaert
  • Board composition, AlexErik VOF (director and managing director)
  • Permanent representative, Ying Cao
  • Board composition, VJW VOF (director and managing director)
  • Permanent representative, Verbeeck Jens
  • Board composition, Peter Grognard BV (director)
  • Board composition, Stefan Gogaert BV (director)
  • +3 further facts in this act
2022
31-10
State Gazette act Reappointments: Paul LEROUX (director) and PETER GROGNARD (director)
Permanent representative: Peter GROGNARD · Approval · Capital increase14 facts ▸
  • General meeting, 10-10-2022
  • Approval, Verslag van de raad van bestuur inzake de alarmbelprocedure, Voortzetting van de activiteit
  • Capital increase, €90.652,32
  • Share issue, Preferente aandelen, 22892
  • Share issue, Anti-Dilutie Inschrijvingsrechten, 12
  • Share issue, ESOP Inschrijvingsrechten, 11851
  • Capital, €856.694,83
  • Director reappointment, Paul LEROUX (director)
  • Director reappointment, PETER GROGNARD (director)
  • Permanent representative, Peter GROGNARD
  • Mandate compensation, Paul LEROUX
  • Mandate compensation, PETER GROGNARD
  • +2 further facts in this act
09-09
State Gazette act Appointments: Baker Tilly bedrijfsrevisoren BV (statutory auditor) and Jens Verbeeck (director)
Permanent representatives: Christel De Blander and VJW VOF5 facts ▸
  • General meeting, 18-07-2022
  • Auditor appointment, Baker Tilly bedrijfsrevisoren BV (statutory auditor)
  • Permanent representative, Christel De Blander
  • Permanent representative, VJW VOF
  • Director appointment, Jens Verbeeck
20-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Equity above €2MEq €2.93M ▲132%
Equity rises from €1.26M to €2.93M.
08-11
State Gazette act Appointments: Nils NIJS (director) and Stefan GOGAERT (director)
Name change · Capital increase · Share issue18 facts ▸
  • General meeting, 18-10-2021
  • Name change, Magics Technologies
  • Capital increase, €90.652,32
  • Share issue, Anti-Dilutie Inschrijvingsrechten, 12
  • Share cancellation, ESOP Warrants 2015, 2556
  • Share issue, ESOP Inschrijvingsrechten, 15256
  • Director appointment, Nils NIJS (director)
  • Director appointment, Stefan GOGAERT (director)
  • Mandate compensation, Nils NIJS
  • Mandate compensation, Stefan GOGAERT
  • Power of attorney, Twee bestuurders van de vennootschap
  • Power of attorney, Twee bestuurders van de vennootschap
  • +6 further facts in this act
25-10
State Gazette act Resignation: Michiel Steyaert (director)
Appointment: Paul Leroux (director) · Reappointments: Peter Grognard BV, AlexErik VOF and 2 others · Permanent representative: Jens Verbeeck11 facts ▸
  • General meeting, 04-05-2021
  • Director resignation, Michiel Steyaert (director)
  • Director appointment, Paul Leroux (director)
  • Director reappointment, Peter Grognard BV (director)
  • Director reappointment, AlexErik VOF (director)
  • Director reappointment, VJW VOF (director)
  • Director reappointment, Vincent Massaut (director)
  • Board meeting
  • Director reappointment, VJW VOF (managing director)
  • Director reappointment, AlexErik VOF (managing director)
  • Permanent representative, Jens Verbeeck
16-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Back to profitnet €848k
Net result €848k after 2 loss-making years.
31-12
Financial Equity above €1MEq €1.26M ▲206%
Equity rises from €412k to €1.26M.
23-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
17-06
State Gazette act Resignation: Germompré David (director and chair of the board)
Appointment: BVBA Peter Grognard (director) · Permanent representative: Peter Grognard4 facts ▸
  • Board meeting, 12-02-2019
  • Director resignation, Germompré David (director and chair of the board)
  • Director appointment, BVBA Peter Grognard (director)
  • Permanent representative, Peter Grognard
19-03
State Gazette act Permanent representative: Jens Verbeeck
Registered-office move3 facts ▸
  • Board meeting, 14-12-2018
  • Registered-office move, Cipalstraat 3, 2440 Geel
  • Permanent representative, Jens Verbeeck
2018
19-09
State Gazette act Resignation: Paul Leroux (director)
Appointments: Michiel Steyaert (director) and VJW V.O.F. (managing director) · Permanent representative: Verbeeck Jens · Director discharge6 facts ▸
  • General meeting, 12-04-2018
  • Director resignation, Paul Leroux (director)
  • Director discharge, Paul Leroux
  • Director appointment, Michiel Steyaert (director)
  • Director appointment, VJW V.O.F. (managing director)
  • Permanent representative, Verbeeck Jens
27-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-09
State Gazette act Resignation: Michiel Steyaert (director)
Appointments: Leroux Paul (director) and VOF VJW (managing director) · Permanent representative: verbeeck jens5 facts ▸
  • General meeting, 13-04-2017
  • Director resignation, Michiel Steyaert (director)
  • Director appointment, Leroux Paul (director)
  • Director appointment, VOF VJW (managing director)
  • Permanent representative, verbeeck jens
2015
18-11
State Gazette act Resignations: Jens Verbeeck (manager) and Ying Cao (manager)
Appointments: AlexErik, VJW and 3 others · Permanent representatives: Ying Cao and Jens Verbeeck · Capital increase26 facts ▸
  • General meeting, 28-10-2015
  • Capital increase, €9.932,67
  • Capital increase, €306.865,19
  • Name change, MAGICS Instruments
  • Registered-office move, 2400 Mol, Vlasmeer 5
  • Legal-form conversion, naamloze vennootschap
  • Director resignation, Jens Verbeeck (manager)
  • Director resignation, Ying Cao (manager)
  • Director appointment, AlexErik (director)
  • Director appointment, VJW (director)
  • Director appointment, Michel Steyaert (director)
  • Director appointment, David Germonpré (director)
  • +14 further facts in this act
92% of this act was read; anything after the cut is not in this list.Read the act at the Belgisch Staatsblad ↗
15-09
State Gazette act Registered office
Registered-office move1 fact ▸
  • Registered-office move, Ericastraat 5 - 2400 Mol
17-08
State Gazette act Incorporation · Resignations & appointments
Appointments: Jens Verbeeck (statutory manager) and Ying Cao (statutory manager) · Incorporation · Founding capital21 facts ▸
  • Incorporation, 04-08-2015
  • Founding capital, €18.600
  • Bank account, bijzondere rekening, geopend ten name van de vennootschap in oprichting bij KBC Bank
  • Director appointment, Jens Verbeeck (statutory manager)
  • Director appointment, Ying Cao (statutory manager)
  • Founder, Jens Verbeeck
  • Founder, Ying Cao
  • Founder, Paul Leroux
  • Founder, Michel Steyaert
  • Founder, Robert Puers
  • Founder, Georges Gielen
  • Founder, Patrick Reynaert
  • +9 further facts in this act
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
18 directors, last change in 2025
SCHAUBROECK Renier Christian Maria-Teresa
Director · since 29-09-2025
Current
Centre d'Etude de l'Energie Nucléaire - Studiecentrum voor Kernenergie
Director · since 07-04-2025 · Legal entity · perm. rep.: Pascal DE LANGHE
Current
Flanders Future Techfund
Director · since 07-04-2025 · Private limited company · perm. rep.: VOS Peter
Current
INVEST FOR JOBS
Director · since 02-06-2023 · Public limited company · perm. rep.: Nils NIJS
Current
Studiecentrum voor Kernenergie - Centre d'Etude de l'Energie Nucléaire
Director · since 01-01-2023 · Public-utility foundation · perm. rep.: Pascal De Langhe
Current
Jens Verbeeck
Statutory manager · since 18-07-2022
Current
12 other directors
Peter Grognard
Director · since 04-05-2022 · Private limited company · perm. rep.: Peter Grognard
Current
Stefan Gogaert
Director · since 04-05-2022 · Private limited company · perm. rep.: Stefan Gogaert
Current
AlexErik VOF
Director · since 04-05-2021 · Legal entity
Current
Grognard Peter BV
Director · since 04-05-2021 · Legal entity
Current
Leroux Paul
Director · since 04-05-2021
Current
VJW VOF
Director · since 13-04-2017 · Legal entity · perm. rep.: verbeeck jens
Current
AlexErik
Director · since 28-10-2015 · Private limited company · perm. rep.: Ying CAO
Current
VJW
Director · since 28-10-2015 · Private limited company · perm. rep.: Jens Verbeeck
Current
BVBA Peter Grognard
Director · since 12-02-2019 · Legal entity · perm. rep.: Peter Grognard
Not recently confirmed
VJW V.O.F.
Managing director · since 12-04-2018 · Legal entity · perm. rep.: Verbeeck Jens
Not recently confirmed
David Germonpré
Director · since 28-10-2015
Not recently confirmed
Michel Steyaert
Director · since 28-10-2015
Not recently confirmed
29-09-2025 SCHAUBROECK Renier Christian Maria-Teresa: Appointed as Director
07-04-2025 Centre d'Etude de l'Energie Nucléaire - Studiecentrum voor Kernenergie: Appointed as Director
07-04-2025 Flanders Future Techfund: Appointed as Director
07-04-2025 INVEST FOR JOBS: Appointed as Director
07-04-2025 Stefan Gogaert: Appointed as Director
Full history in the Timeline (50 changes) →
Not every act has been read: a resignation may be missing here
1 act was read only in part. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Geel · 1 establishment unit since 2015
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Cipalstraat 32440 Geel
Ground area
9,123 m²
Building footprint
1,785 m²
Volume, LiDAR
19,791 m³
Parcel 13373K0054/00R000, Flanders · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Cipalstraat 3, 2440 Geel
Manufacture of computer, electronic and optical products
since 20152.244.153.792
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13373K0054/00R000 Flanders 9,123 m² 1 · 1,785 m² 14.2 m · 4 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Statutory auditor

1 auditor
Baker Tilly BedrijfsrevisorenCurrent
Auditor · represented by Christel DE BLANDER
10-10-2025 → present
Show 1 earlier auditors
BV Baker Tilly Bedrijfsrevisoren
Statutory auditor · represented by Christel De Blander
succeeded by Baker Tilly Bedrijfsrevisoren in 2025
18-07-2022 → 10-10-2025

Articles of association

Purpose
Onderzoek, studie, ontwerp, ontwikkeling, dienstverlening en commercialisering van elektronische schakelingen, zowel discreet als geïntegreerd. Onderzoek, studie, ontwerp…
Full purpose

Onderzoek, studie, ontwerp, ontwikkeling, dienstverlening en commercialisering van elektronische schakelingen, zowel discreet als geïntegreerd. Onderzoek, studie, ontwerp, ontwikkeling, dienstverlening en commercialisering van software in het algemeen en in het bijzonder voor het ontwerp of gebruik van elektronische schakelingen, zowel discreet als geïntegreerd. Het analyseren, ontwerpen, programmeren en uitgeven van gebruiksklare systemen. Ontwikkeling, productie, levering/samenstelling van documentatie over standaard of speciale programmatuur. Het verlenen van advies met betrekking tot informatica en het verlenen van bijstand bij de toepassingen van informatica programma's. Het verstrekken van advies opleiding, opleiding en training met betrekking tot informatica en toepassingen ervan in het algemeen en in het bijzonder toegepast op elektronische schakelingen en systemen. Het verwerven en verhandelen van octrooien en andere vormen van intellectueel eigendom, inclusief het verlenen van al dan niet exclusieve licenties. Het rationeel en doelmatig beheer van roerend en onroerend vermogen, meer bepaald de verhuring, verpachting en onderhoud ervan. ...

Structure & network

Connections & network

8 connected companies

Capital and shareholders

Shareholders according to the acts
After 4 capital increases act of 18-11-2015 ↗
  • Katholieke Universiteit Leuven 28,728 shares · 210,797.45 EUR
  • Studiecentrum voor Kernenergie 36,932 shares · 270,995.94 EUR
  • Gemma Frisius-Fonds K.U. Leuven (BE 0477.960.372) 23,849 shares · 174,996.81 EUR
At incorporation act of 17-08-2015 ↗

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 19-11-2025 Capital increase of 126,974.27 EUR · to 10,688,236.12 EUR · 16,285 new shares
  2. 10-10-2025 Capital increase of 4,000,012.94 EUR · to 10,561,261.85 EUR · 76,307 new shares
  3. 25-04-2025 Capital increase of 2,639,923.62 EUR · to 3,496,618.45 EUR · 50,361 new shares · in cash
  4. 25-04-2025 Capital increase of 3,064,630.46 EUR · to 6,561,248.91 EUR · 58,463 new shares · in kind
  5. 31-10-2022 Capital increase of 90,652.32 EUR · to 856,694.83 EUR · 22,892 new shares · in cash
  6. 08-11-2021 Capital increase of 90,652.32 EUR · to 766,042.51 EUR · 22,892 new shares
  7. 18-11-2015 Capital increase of 9,932.67 EUR · to 28,532.67 EUR · 43,174 new shares
  8. 18-11-2015 Capital increase of 306,865.19 EUR · to 335,397.86 EUR · from reserves
Show 3 older capital entries
  1. 18-11-2015 Capital increase of 125,303.74 EUR · to 460,701.60 EUR · 46,335 new shares
  2. 18-11-2015 Capital increase of 214,688.59 EUR · to 675,390.19 EUR · from reserves
  3. 17-08-2015 Incorporation · 18,600 EUR · 80,848 shares

Public money · subsidies and aid

Flemish government

2022 to 2025 · 13 entries · 1,138,651 EUR awarded · 935,104 EUR paid
Year Entries awardedpaid
2025 5 -3,736 EUR223,730 EUR
2024 4 3,096 EUR390,096 EUR
2023 3 335,682 EUR321,278 EUR
2022 1 803,609 EUR0 EUR
Schemes
Innovatieprojecten in de context van een speerpuntcluster
5 entries · 798,055 EUR · 798,055 EUR paid · Fonds voor Innoveren en Ondernemen
Baekeland-mandaat
4 entries · 334,801 EUR · 132,000 EUR paid · Fonds voor Innoveren en Ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
3 entries · 2,898 EUR · 2,152 EUR paid · Fonds voor Innoveren en Ondernemen
Vlaams opleidingsverlof (VOV)
1 entry · 2,897 EUR · 2,897 EUR paid · Departement Werk en Sociale Economie

Federal government

2023 · 1 entry · 170,059 EUR in total
Year Department Transactions Amount
2023 FOD Economie 1 170,059 EUR
Budget allocations
Toelagen in kader van de oproep tot projecten betreffende de energietransitie.
1 entry · 170,059 EUR

European research

3 projects · 1 as coordinator · 2,578,874 EUR EU contribution
Programmes
Horizon Europe
1 entry · 2,499,999 EUR
Horizon 2020
2 entries · 78,875 EUR
Projects
High-Reliability European Semiconductor Chips for Next-Gen Intelligent Systems
Horizon Europe · coordinator · 01-06-2026 to 31-05-2028 · 2,499,999 EUR · HEROS
PRE-DISposal management of radioactive waste
Horizon 2020 · participant · 01-09-2020 to 31-08-2024 · 78,875 EUR · PREDIS
RADiation and reliability challenges for electronics used in Space, Avionics, on the Ground and at Accelerators
Horizon 2020 · partner · 01-03-2017 to 28-02-2022 · RADSAGA

Similar companies · same sector, comparable size

Of 1,177 companies in sector 72109 we hold annual accounts for 715. 186 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded04-08-2015
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
72109Other research and development on natural sciences
26110Manufacture of computer, electronic and optical products
27120Manufacture of electrical equipment
71209Other technical testing and analysis
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.