M.M.G. is registered with the CBE as active in: Handel in eigen onroerend goed. Public Limited, started on 29 December 1983, 1 establishment.

What is the address of M.M.G.?

The registered office of M.M.G. is located at Kortrijkseweg 105, 8791 Waregem.

Is M.M.G. still active?

Yes. According to the CBE (29 October 2026) M.M.G. is active, legal situation “Normale toestand”, started on 29 December 1983.

Is M.M.G. registered on Peppol?

Yes, M.M.G. is registered on the Peppol network with ID 0208:0426024394.

What is the enterprise number of M.M.G.?

The enterprise number of M.M.G. is BE0426024394.

When was M.M.G. founded?

M.M.G. was founded on 29 December 1983.

Who are the directors of M.M.G.?

According to the 2025 annual accounts, the directors of M.M.G. are: Rik Depoortere, Vlastgoed BV.

Is M.M.G. a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 December 1983; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did M.M.G. make in 2025?

M.M.G. recorded a loss after taxes of € 3,474 in financial year 2025.

What is the revenue of M.M.G.?

As a small company, M.M.G. is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 645,884.

M.M.G. (Public Limited) - Waregem - BE0426024394

Dossier M.M.G., printed on 29 October 2026 from databakkes.be/en/0426024394/m-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.

Tight liquidity NBB

Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

M.M.G. from Waregem, company number BE0426024394, closed financial year 2025 with a result of € -3,474 after tax. For that financial year M.M.G. recorded a gross margin of € 645,884 and equity of € 856,727. Compared with financial year 2024, the result moved from € 237,861 to € -3,474. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 26, 2026.

What it is worth Healthy

€ 856,727

▼ 19% vs 2024

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

Loss Caution

€ -3,474

▼ still € 237,861 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 9,515

▼ 90% 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 € 186,727.

People and assets in 2025

Vehicles and equipment

€ 2,729

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 15 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.

€ 20.3 million

▲ € 18.3 million vs 2024

€ 1.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.

Owed to suppliers

€ 245,984

▲ € 244,148 vs 2024

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

Taxes

€ 28,530

▲ € 24,830 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	€ 432,817 Gross margin 2022: € 432,817 First fiscal year in the series	€ 608,662 Gross margin 2023: € 608,662 ▲ 41% vs 2022 (€ 432,817) Favourable step	€ 535,550 Gross margin 2024: € 535,550 ▼ 12% vs 2023 (€ 608,662) Unfavourable step	€ 645,884 Gross margin 2025: € 645,884 ▲ 21% vs 2024 (€ 535,550) Favourable step	▲ 21%
Profit after taxes	€ 85,430 Profit after taxes 2022: € 85,430 First fiscal year in the series	€ 256,696 Profit after taxes 2023: € 256,696 ▲ 200% vs 2022 (€ 85,430) Favourable step	€ 237,861 Profit after taxes 2024: € 237,861 ▼ 7% vs 2023 (€ 256,696) Unfavourable step	€ -3,474 Profit after taxes 2025: € -3,474 ▼ € 241,335 vs 2024 (€ 237,861) Unfavourable step	▼ € 241,335
Equity	€ 2,065,645 Equity 2022: € 2,065,645 First fiscal year in the series	€ 2,322,340 Equity 2023: € 2,322,340 ▲ 12% vs 2022 (€ 2,065,645) Favourable step	€ 1,060,201 Equity 2024: € 1,060,201 ▼ 54% vs 2023 (€ 2,322,340) Unfavourable step	€ 856,727 Equity 2025: € 856,727 ▼ 19% vs 2024 (€ 1,060,201) Unfavourable step	▼ 19%
Total debts	€ 2,698,452 Total debts 2022: € 2,698,452 First fiscal year in the series	€ 3,880,292 Total debts 2023: € 3,880,292 ▲ 44% vs 2022 (€ 2,698,452) Unfavourable step	€ 4,952,186 Total debts 2024: € 4,952,186 ▲ 28% vs 2023 (€ 3,880,292) Unfavourable step	€ 21,350,760 Total debts 2025: € 21,350,760 ▲ € 16.4 million vs 2024 (€ 4,952,186) Unfavourable step	▲ € 16.4 million
Cash	€ 151,715 Cash 2022: € 151,715 First fiscal year in the series	€ 444,948 Cash 2023: € 444,948 ▲ 193% vs 2022 (€ 151,715) Favourable step	€ 96,243 Cash 2024: € 96,243 ▼ 78% vs 2023 (€ 444,948) Unfavourable step	€ 9,515 Cash 2025: € 9,515 ▼ 90% vs 2024 (€ 96,243) Unfavourable step	▼ 90%
Land & buildings	€ 3,737,126 Land & buildings 2022: € 3,737,126 First fiscal year in the series	€ 4,719,301 Land & buildings 2023: € 4,719,301 ▲ 26% vs 2022 (€ 3,737,126) Unchanged	€ 4,624,722 Land & buildings 2024: € 4,624,722 ▼ 2% vs 2023 (€ 4,719,301) Unchanged	€ 8,323,145 Land & buildings 2025: € 8,323,145 ▲ 80% vs 2024 (€ 4,624,722) Unchanged	▲ 80%
Retained profit	€ 1,395,645 Retained profit 2022: € 1,395,645 First fiscal year in the series	€ 1,652,340 Retained profit 2023: € 1,652,340 ▲ 18% vs 2022 (€ 1,395,645) Favourable step	€ 390,201 Retained profit 2024: € 390,201 ▼ 76% vs 2023 (€ 1,652,340) Unfavourable step	€ 186,727 Retained profit 2025: € 186,727 ▼ 52% vs 2024 (€ 390,201) Unfavourable step	▼ 52%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 1,500,000 Dividend 2024: € 1,500,000 Unchanged (€ 0) Unchanged	€ 200,000 Dividend 2025: € 200,000 ▼ 87% vs 2024 (€ 1,500,000) Unchanged	▼ 87%
Bank debt	€ 2,180,000 Bank debt 2022: € 2,180,000 First fiscal year in the series	€ 2,100,000 Bank debt 2023: € 2,100,000 ▼ 4% vs 2022 (€ 2,180,000) Favourable step	€ 2,026,667 Bank debt 2024: € 2,026,667 ▼ 3% vs 2023 (€ 2,100,000) Favourable step	€ 20,339,444 Bank debt 2025: € 20,339,444 ▲ € 18.3 million vs 2024 (€ 2,026,667) Unfavourable step	▲ € 18.3 million
Balance sheet total	€ 4,772,963 Balance sheet total 2022: € 4,772,963 First fiscal year in the series	€ 6,210,526 Balance sheet total 2023: € 6,210,526 ▲ 30% vs 2022 (€ 4,772,963) Unchanged	€ 6,019,389 Balance sheet total 2024: € 6,019,389 ▼ 3% vs 2023 (€ 6,210,526) Unchanged	€ 22,213,711 Balance sheet total 2025: € 22,213,711 ▲ 269% vs 2024 (€ 6,019,389) Unchanged	▲ 269%

Key figures of M.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 March 2027.

What happened to M.M.G.?

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

2031 Vlastgoed BV stepped down as director. NBB
Mar 26, 2026 New annual accounts for financial year 2025: loss of € 3,474 (▼ € 241,335 vs 2024). Source: NBB ↗
2026 Rik Depoortere stepped down as director. NBB
2021 Vlastgoed BV became a director. NBB
2006 Rik Depoortere became a director. NBB
Dec 29, 1983 New establishment in Waregem. KBO
Dec 29, 1983 Start of the company according to the CBE. KBO

In short

From € 85,430 profit in 2022 to € 3,474 loss in 2025.

Paid € 226,447 in corporate taxes since 2022.

Best year ever: 2023, with € 256,696 profit.

Paid out € 1.7 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Vlamalin 100%

The stake of Vlamalin comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

M.M.G.

Depoortere 23.2%

The shares are held by Vlamalin (100%). It owns 23.2% of Depoortere itself.

Directors

According to the 2025 annual accounts

Rik Depoortere

Director

Also active at: Vlamalin, DEPOORTERE, VLASTGOED, Agri Alliance, DRMV-INVEST, DEPOORTERE ENGINEERING

since 2006 · until 2026

Vlastgoed BV

Managing director · represented by Yves Thiers

Also active at: Vlamalin, DEPOORTERE

since 2021 · until 2031

Shareholders

Vlamalin

100%

Participations

Depoortere

23.2%

Establishments

Establishment units

Physical locations of this company

Registered office

Kortrijkseweg 105

8791 Waregem

2.286.068.482

Kortrijkseweg 103

8791 Waregem

Active since 29 December 1983

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.

All companies at this address →

Vlamalin same network

€ 244,196 revenue · 2025

DEPOORTERE same network

€ 57.1 million revenue · 2025

VLASTGOED same network

€ 564,285 revenue · 2025

DVVM GROEP

DEPOORTERE INDUSTRIES

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

Details

Company number: 0426.024.394
VAT number: BE 0426.024.394
Registered office: Kortrijkseweg 105, 8791 Waregem
Names & denominations: M.M.G.
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 29 December 1983
Peppol: Active · Active since 15 Dec 2025
Activities · NACE: Handel in eigen onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗