What is the address of M@G?

The registered office of M@G is located at Jaarbeurslaan 6, 3600 Genk.

Yes. According to the CBE (29 October 2026) M@G is active, legal situation “Normale toestand”, started on 4 May 1977.

Is M@G registered on Peppol?

Yes, M@G is registered on the Peppol network with ID 0208:0417442567.

What is the enterprise number of M@G?

The enterprise number of M@G is BE0417442567.

Who are the directors of M@G?

According to the 2025 annual accounts, the directors of M@G are: Anniek Nagels, Annita Laporte, Tom Vanaudenaerde, Kathleen Parthoens, Toon Vandeurzen, Luca Bruno, Erik Gerits.

Is M@G a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 May 1977; 5 annual accounts filed, latest fiscal year 2025; 7 directors known from the annual account.

How much profit did M@G make in 2025?

M@G recorded a loss after taxes of € 243,849 in financial year 2025.

What is the revenue of M@G?

As a small company, M@G is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 387,949.

How much does an employee at M@G earn?

The average wage cost per full-time employee at M@G was € 63,200 in 2025: staff costs of € 543,116 for 8.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does M@G have?

According to the 2025 annual accounts, M@G has 8.6 full-time equivalents (FTE).

M@G (Private Limited) - Genk - BE0417442567

Q: What does M@G do?

M@G is registered with the CBE as active in: Exploitatie van culturele centra en multifunctionele zalen ten behoeve van culturele activiteiten. Private Limited, started on 4 May 1977, 1 establishment.

Dossier M@G, printed on 29 October 2026 from databakkes.be/en/0417442567/m-g. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 2 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Figures corrected NBB

Corrected annual account filed for 2023.

Financials

Financial year 2025

M@G from Genk, company number BE0417442567, closed financial year 2025 with a result of € -243,849 after tax. For that financial year M@G recorded a gross margin of € 387,949 and equity of € -613,801. Compared with financial year 2024, the result moved from € -223,663 to € -243,849. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.

What it is worth Caution

€ -613,801

▼ € 355,486 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -243,849

▼ 9 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 315,657

▲ 187% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -846,449.

People and assets in 2025

Full-time equivalents

8.6

▼ 2.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 543,116

▼ 15% vs 2024

€ 63,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 16,639

▼ 54% vs 2024

Of which on lease € 13,139.

Debts at end 2025

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 945,472

▲ 9% vs 2024

€ 158,363 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 675,383

▲ 51% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 64,396

▼ 65% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 865,620 Gross margin 2022: € 865,620 First fiscal year in the series	€ 602,883 Gross margin 2023: € 602,883 ▼ 30% vs 2022 (€ 865,620) Unfavourable step	€ 861,661 Gross margin 2024: € 861,661 ▲ 43% vs 2023 (€ 602,883) Favourable step	€ 387,949 Gross margin 2025: € 387,949 ▼ 55% vs 2024 (€ 861,661) Unfavourable step	▼ 55%
Profit after taxes	€ 94,863 Profit after taxes 2022: € 94,863 First fiscal year in the series	€ -290,153 Profit after taxes 2023: € -290,153 ▼ € 385,017 vs 2022 (€ 94,863) Unfavourable step	€ -223,663 Profit after taxes 2024: € -223,663 ▲ € 66,491 vs 2023 (€ -290,153) Favourable step	€ -243,849 Profit after taxes 2025: € -243,849 ▼ € 20,186 vs 2024 (€ -223,663) Unfavourable step	▼ € 20,186
Equity	€ 446,878 Equity 2022: € 446,878 First fiscal year in the series	€ 6,491 Equity 2023: € 6,491 ▼ 99% vs 2022 (€ 446,878) Unfavourable step	€ -258,316 Equity 2024: € -258,316 ▼ € 264,807 vs 2023 (€ 6,491) Unfavourable step	€ -613,801 Equity 2025: € -613,801 ▼ € 355,486 vs 2024 (€ -258,316) Unfavourable step	▼ € 355,486
Total debts	€ 1,339,072 Total debts 2022: € 1,339,072 First fiscal year in the series	€ 1,563,692 Total debts 2023: € 1,563,692 ▲ 17% vs 2022 (€ 1,339,072) Unfavourable step	€ 1,593,840 Total debts 2024: € 1,593,840 ▲ 2% vs 2023 (€ 1,563,692) Unfavourable step	€ 1,746,681 Total debts 2025: € 1,746,681 ▲ 10% vs 2024 (€ 1,593,840) Unfavourable step	▲ 10%
Cash	€ 171,358 Cash 2022: € 171,358 First fiscal year in the series	€ 53,109 Cash 2023: € 53,109 ▼ 69% vs 2022 (€ 171,358) Unfavourable step	€ 110,162 Cash 2024: € 110,162 ▲ 107% vs 2023 (€ 53,109) Favourable step	€ 315,657 Cash 2025: € 315,657 ▲ 187% vs 2024 (€ 110,162) Favourable step	▲ 187%
Retained profit	€ -88,784 Retained profit 2022: € -88,784 First fiscal year in the series	€ -378,937 Retained profit 2023: € -378,937 ▼ € 290,153 vs 2022 (€ -88,784) Unfavourable step	€ -602,600 Retained profit 2024: € -602,600 ▼ € 223,663 vs 2023 (€ -378,937) Unfavourable step	€ -846,449 Retained profit 2025: € -846,449 ▼ € 243,849 vs 2024 (€ -602,600) Unfavourable step	▼ € 243,849
Bank debt	€ 740,064 Bank debt 2022: € 740,064 First fiscal year in the series	€ 774,519 Bank debt 2023: € 774,519 ▲ 5% vs 2022 (€ 740,064) Unfavourable step	€ 868,310 Bank debt 2024: € 868,310 ▲ 12% vs 2023 (€ 774,519) Unfavourable step	€ 945,472 Bank debt 2025: € 945,472 ▲ 9% vs 2024 (€ 868,310) Unfavourable step	▲ 9%
Balance sheet total	€ 1,917,817 Balance sheet total 2022: € 1,917,817 First fiscal year in the series	€ 1,651,973 Balance sheet total 2023: € 1,651,973 ▼ 14% vs 2022 (€ 1,917,817) Unchanged	€ 1,403,599 Balance sheet total 2024: € 1,403,599 ▼ 15% vs 2023 (€ 1,651,973) Unchanged	€ 1,163,742 Balance sheet total 2025: € 1,163,742 ▼ 17% vs 2024 (€ 1,403,599) Unchanged	▼ 17%
Employees (FTE)	10.8 Employees (FTE) 2022: 10.8 First fiscal year in the series	10.8 Employees (FTE) 2023: 10.8 Unchanged (10.8) Unchanged	11.3 Employees (FTE) 2024: 11.3 ▲ 0.5 vs 2023 (10.8) Unchanged	8.6 Employees (FTE) 2025: 8.6 ▼ 2.7 vs 2024 (11.3) Unchanged	▼ 2.7

Key figures of M@G, 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 M@G?

What happened at M@G in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 Anniek Nagels stepped down as director. NBB
2031 Tom Vanaudenaerde stepped down as director. NBB
2031 Kathleen Parthoens stepped down as director. NBB
2031 Erik Gerits stepped down as director. NBB
Jul 15, 2026 New annual accounts for financial year 2025: loss of € 243,849. Source: NBB ↗
2025 Annita Laporte stepped down as director. NBB
2025 Tom Vanaudenaerde became a director. NBB
2025 Kathleen Parthoens became a director. NBB

In short

From € 94,863 profit in 2022 to € 243,849 loss in 2025.

Paid € 1,777 in corporate taxes since 2022.

Best year ever: 2022, with € 94,863 profit.

On average € 45,100 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Anniek Nagels

Vice-chairman of the board

Also active at: Onderwijsvereniging van Steden en Gemeenten, OVSG PLUS, Projectvereniging Regionaal Landschap Kempen en Maasland, THOR PARK, C-MINE CRIB

since 2019 · until 2031

Annita Laporte

Voorzitter

Also active at: INCUBATHOR WETENSCHAPSPARK WATERSCHEI

since 2019 · until 2025

Tom Vanaudenaerde

Director

since 2025 · until 2031

Kathleen Parthoens

Director

Also active at: CAMPUS ENERGYVILLE, INCUBATHOR WETENSCHAPSPARK WATERSCHEI, C-MINE CRIB

since 2025 · until 2031

Toon Vandeurzen

Director

Also active at: REGIONAAL LANDSCHAP KEMPEN EN MAASLAND, C-MINE CRIB, EBI

since 2019 · until 2025

Luca Bruno

Director

Also active at: UNIE VAN ZELFSTANDIGE ONDERNEMERS LIMBURG

since 2023 · until 2025

Erik Gerits

Chairman of the board

Also active at: INCUBATHOR WETENSCHAPSPARK WATERSCHEI

since 2025 · until 2031

Establishments

Establishment units

Physical locations of this company

Registered office

Jaarbeurslaan 6

3600 Genk

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0417.442.567

VAT number

BE 0417.442.567

Registered office

Jaarbeurslaan 6, 3600 Genk

Names & denominations

M@G

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

4 May 1977

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Exploitatie van culturele centra en multifunctionele zalen ten behoeve van culturele activiteiten

Ontwikkeling van residentiële bouwprojecten

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Projectontwikkeling voor woningbouw

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

View on CBE Public ↗ Annual accounts (NBB) ↗

M@G

Warning lights

Financials

What happened to M@G?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions