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Busy address KBO
19 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MG TERMINAL GENT from Gent, company number BE0406871349, closed financial year 2025 with a result of € 813,336 after tax. For that financial year MG TERMINAL GENT recorded a gross margin of € 1 million and equity of € 3.7 million. Compared with financial year 2024, the result moved from € 883,587 to € 813,336. The company is profitable. The buffer shrank hard: equity is 53 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ 3.7 million
▼ 53% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 813,336
▼ 8% vs 2024
Profit after tax over the fiscal year.
€ 7.8 million
▲ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 210,000
▼ 25% vs 2024
€ 70,000 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 83,441
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 37,652
▼ 45% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 402,740 | € 1,552,889 | - | - | |
| Gross margin | - | - | € 1,063,046 | € 1,018,431 | ▼ 4% |
| Profit after taxes | € 981,088 | € 894,428 | € 883,587 | € 813,336 | ▼ 8% |
| Equity | € 6,088,744 | € 6,983,172 | € 7,866,759 | € 3,680,095 | ▼ 53% |
| Total debts | € 1,069,630 | € 490,887 | € 450,942 | € 5,331,093 | ▲ € 4.9 million |
| Cash | - | € 6,461,874 | € 7,433,631 | € 7,755,975 | ▲ 4% |
| Land & buildings | € 838,410 | € 679,588 | € 594,679 | € 607,605 | ▲ 2% |
| Retained profit | € 3,738,455 | € 4,632,883 | € 5,516,470 | € 1,329,806 | ▼ 76% |
| Dividend | € 500,072 | € 0 | € 0 | € 5,000,000 | |
| Bank debt | € 420,000 | € 350,000 | € 280,000 | € 210,000 | ▼ 25% |
| Balance sheet total | € 7,158,374 | € 7,474,059 | € 8,317,701 | € 9,011,188 | ▲ 8% |
Key figures of MG TERMINAL GENT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MG TERMINAL GENT?
What happened at MG TERMINAL GENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 813,336 (▼ 8% vs 2024). Source: NBB ↗
- Frederic Staelens stepped down as director. NBB
- Sonia Baesch stepped down as director. NBB
- Caroline De Poorter stepped down as director. NBB
- Frederic Staelens became a director. NBB
- Sonia Baesch became a director. NBB
- Caroline De Poorter became a director. NBB
- New establishment in Gent. KBO
In short
From € 981,088 profit in 2022 to € 813,336 profit in 2025.
Paid € 961,574 in corporate taxes since 2022.
Best year ever: 2022, with € 981,088 profit.
Paid out € 5.5 million in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Frederic Staelens
Director
Also active at: SOGATRA, GHENT STEVEDORING TERMINAL (G.S.T.), IMMOBILIAIRE VENNOOTSCHAP DER VLAANDEREN, COMPAGNIE BELGE DE MANUTENTION, BELPARFI, KAVIN, SEA - INVEST, FLANDERS COLD CENTER +7 more
since 2025 · until 2026
Sonia Baesch
Director
Also active at: Belgian New Fruit Wharf, Belgian Fruit Forwarding Company, GHENT COMMODITY TERMINAL, COMPAGNIE BELGE DE MANUTENTION, BELPARFI, KAVIN, ANTWERP BULK TERMINAL, SEA - INVEST +2 more
since 2025 · until 2026
Caroline De Poorter
Director
Also active at: SOGATRA, GHENT STEVEDORING TERMINAL (G.S.T.), GHENT COMMODITY TERMINAL, IMMOBILIAIRE VENNOOTSCHAP DER VLAANDEREN, GHENT COAL PREPARATION PLANT, BELPARFI, KAVIN, SEA - INVEST +2 more
since 2025 · until 2026
Establishments
Establishment units
Physical locations of this company
Skaldenstraat 1
9042 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →SOGATRA same network
€ 4.6 million gross margin · 2025
Comptoir de Crédit
Ensagent
€ 1.9 million gross margin · 2025
GHENT STEVEDORING TERMINAL (G.S.T.) same network
€ 162,095 gross margin · 2025
SEA-TANK TERMINAL
€ 26.6 million revenue · 2025
+14 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0406.871.349
- VAT number
- BE 0406.871.349
- Registered office
- Skaldenstraat 1, 9042 Gent
- Names & denominations
- MG TERMINAL GENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 September 1969
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
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