What does MG Group do?

MG Group is a supermarket in Sint-Jans-Molenbeek. Private Limited, started on 29 September 1982, 2 establishments.

What is the address of MG Group?

The registered office of MG Group is located at Vrijheidslaan 175, 1080 Sint-Jans-Molenbeek.

Is MG Group still active?

Yes. According to the CBE (30 October 2026) MG Group is active, legal situation “Normale toestand”, started on 29 September 1982.

Is MG Group registered on Peppol?

Yes, MG Group is registered on the Peppol network with ID 0208:0423219116.

What is the enterprise number of MG Group?

The enterprise number of MG Group is BE0423219116.

When was MG Group founded?

MG Group was founded on 29 September 1982.

Is MG Group a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 September 1982; 5 annual accounts filed, latest fiscal year 2025; 2 establishments in the CBE.

How much profit did MG Group make in 2025?

MG Group recorded a loss after taxes of € 2,278 in financial year 2025.

What is the revenue of MG Group?

As a small company, MG Group is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -1,577.

MG Group (Private Limited) - Sint-Jans-Molenbeek

Dossier MG Group, printed on 30 October 2026 from databakkes.be/en/0423219116/mg-group. 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.

Busy address KBO

73 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

MG Group from Sint-Jans-Molenbeek, company number BE0423219116, closed financial year 2025 with a result of € -2,278 after tax. For that financial year MG Group recorded a gross margin of € -1,577 and equity of € 17,693. Compared with financial year 2024, the result moved from € 24,745 to € -2,278. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.

What it is worth Healthy

€ 17,693

▼ 11% vs 2024

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

Loss Caution

€ -2,278

▼ still € 24,745 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 7

▼ 78% 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 € -907.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 1,925

▼ 92% vs 2024

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

Taxes

€ 7,226

▼ 77% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -2,438 Gross margin 2022: € -2,438 First fiscal year in the series	€ -15,003 Gross margin 2023: € -15,003 ▼ € 12,565 vs 2022 (€ -2,438) Unfavourable step	€ 25,140 Gross margin 2024: € 25,140 ▲ € 40,143 vs 2023 (€ -15,003) Favourable step	€ -1,577 Gross margin 2025: € -1,577 ▼ € 26,717 vs 2024 (€ 25,140) Unfavourable step	▼ € 26,717
Profit after taxes	€ -10,184 Profit after taxes 2022: € -10,184 First fiscal year in the series	€ -21,494 Profit after taxes 2023: € -21,494 ▼ € 11,310 vs 2022 (€ -10,184) Unfavourable step	€ 24,745 Profit after taxes 2024: € 24,745 ▲ € 46,239 vs 2023 (€ -21,494) Favourable step	€ -2,278 Profit after taxes 2025: € -2,278 ▼ € 27,023 vs 2024 (€ 24,745) Unfavourable step	▼ € 27,023
Equity	€ 16,720 Equity 2022: € 16,720 First fiscal year in the series	€ -4,774 Equity 2023: € -4,774 ▼ € 21,494 vs 2022 (€ 16,720) Unfavourable step	€ 19,971 Equity 2024: € 19,971 ▲ € 24,745 vs 2023 (€ -4,774) Favourable step	€ 17,693 Equity 2025: € 17,693 ▼ 11% vs 2024 (€ 19,971) Unfavourable step	▼ 11%
Total debts	€ 44,680 Total debts 2022: € 44,680 First fiscal year in the series	€ 88,215 Total debts 2023: € 88,215 ▲ 97% vs 2022 (€ 44,680) Unfavourable step	€ 70,668 Total debts 2024: € 70,668 ▼ 20% vs 2023 (€ 88,215) Favourable step	€ 47,548 Total debts 2025: € 47,548 ▼ 33% vs 2024 (€ 70,668) Favourable step	▼ 33%
Cash	€ 90 Cash 2022: € 90 First fiscal year in the series	€ 32 Cash 2023: € 32 ▼ 64% vs 2022 (€ 90) Unfavourable step	€ 32 Cash 2024: € 32 Unchanged (€ 32) Unchanged	€ 7 Cash 2025: € 7 ▼ 78% vs 2024 (€ 32) Unfavourable step	▼ 78%
Retained profit	€ -1,880 Retained profit 2022: € -1,880 First fiscal year in the series	€ -23,374 Retained profit 2023: € -23,374 ▼ € 21,494 vs 2022 (€ -1,880) Unfavourable step	€ 1,371 Retained profit 2024: € 1,371 ▲ € 24,745 vs 2023 (€ -23,374) Favourable step	€ -907 Retained profit 2025: € -907 ▼ € 2,278 vs 2024 (€ 1,371) Unfavourable step	▼ € 2,278
Balance sheet total	€ 61,400 Balance sheet total 2022: € 61,400 First fiscal year in the series	€ 83,441 Balance sheet total 2023: € 83,441 ▲ 36% vs 2022 (€ 61,400) Unchanged	€ 90,639 Balance sheet total 2024: € 90,639 ▲ 9% vs 2023 (€ 83,441) Unchanged	€ 65,241 Balance sheet total 2025: € 65,241 ▼ 28% vs 2024 (€ 90,639) Unchanged	▼ 28%

Key figures of MG Group, 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 Group?

What happened at MG Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 29, 2026 New annual accounts for financial year 2025: loss of € 2,278 (▼ € 27,023 vs 2024). Source: NBB ↗
Mar 1, 2019 New establishment in Jette. KBO
Sep 30, 1982 New establishment in Koekelberg. KBO
Sep 29, 1982 Start of the company according to the CBE. KBO

In short

From € 10,184 loss in 2022 to € 2,278 loss in 2025.

Best year ever: 2024, with € 24,745 profit.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Vrijheidslaan 175

1080 Sint-Jans-Molenbeek

2.021.271.152

Jetselaan 10

1081 Koekelberg

Active since 30 September 1982

2.285.027.911

Leopold I straat 373

1090 Jette

Active since 1 March 2019

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 73 companies are registered at this address.

All companies at this address →

KONINKLIJKE BELGISCHE BOKSBOND - ROYALE FEDERATION BELGE DE BOXE

TAXI VAN HEMELRIJCK

HOUMAN

€ 49,626 gross margin · 2025

EUROP MOTORS

€ 42,052 gross margin · 2021

CHAMA

€ 54,796 gross margin · 2025

+68 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

0423.219.116

VAT number

BE 0423.219.116

Registered office

Vrijheidslaan 175, 1080 Sint-Jans-Molenbeek

Names & denominations

MG Group

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

29 September 1982

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)

Overige detailhandel in voedingsmiddelen, neg

Detailhandel in tabaksproducten

Overige gespecialiseerde bouwactiviteiten, neg

Detailhandel in brood en banketbakkerswerk (koude bakkers)

Detailhandel in groenten en fruit

Restaureren van bouwwerken

View on CBE Public ↗ Annual accounts (NBB) ↗