Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2024; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2024.
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Late annual account NBB
Fiscal year 2024 was filed 413 days after the legal deadline.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
MG - FIN from Neupré, company number BE0427559964, closed financial year 2024 with a result of € -3,009 after tax. For that financial year MG - FIN recorded a gross margin of € -2,006 and equity of € -15,334. Compared with financial year 2023, the result moved from € -18,799 to € -3,009. 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 September 17, 2026.
€ -15,334
▼ € 3,009 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,009
▲ 84 % less loss than in 2023
Profit after tax over the fiscal year.
€ 223
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -19,194.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 10,434
▲ 9% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 9,346
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 1,028 | - | |
| Gross margin | € 1,989 | € -802 | € 57 | € -2,006 | ▼ € 2,063 |
| Profit after taxes | € 6,042 | € -1,833 | € -18,799 | € -3,009 | ▲ € 15,790 |
| Equity | € 8,307 | € 6,474 | € -12,325 | € -15,334 | ▼ € 3,009 |
| Total debts | € 155,024 | € 12,748 | € 31,668 | € 21,801 | ▼ 31% |
| Cash | € 223 | € 223 | € 223 | € 223 | |
| Retained profit | € 6,307 | € 4,474 | € -14,325 | € -19,194 | ▼ € 4,868 |
| Dividend | € 149,500 | € 0 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 12,748 | € 0 | ▼ 100% |
| Balance sheet total | € 163,332 | € 19,222 | € 19,343 | € 6,467 | ▼ 67% |
Key figures of MG - FIN, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MG - FIN?
What happened at MG - FIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2024. filed late Source: NBB ↗
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,042 profit in 2021 to € 3,009 loss in 2024.
Paid € 1,672 in corporate taxes since 2021.
Best year ever: 2021, with € 6,042 profit.
Paid out € 149,500 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Route du Condroz(PLX) 48
4122 Neupré
Rue du Sart-Tilman 343 box B
4031 Liège
Active since 9 August 1985
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.559.964
- VAT number
- BE 0427.559.964
- Registered office
- Route du Condroz(PLX) 48, 4122 Neupré
- Names & denominations
- MG - FIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 July 1985
- Peppol
- Not registered