Active · per the CBE, 16 September 2026

GROUP MC

BE0430386426

Rechtspersoon Public limited company 1 establishment

GROUP MC is an electrical contractor in Brussel. Public Limited, started on 5 February 1987, 1 establishment.

Louizalaan 209A box 7, 1050 Brussel

Behind the company: Cemil Mugla, Serpil BALCIK, Dilhan Mugla.

Active for

39 year, 7 months

Warning lights

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

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.

  • Busy address KBO

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

Financials

Financial year 2025

GROUP MC from Brussel, company number BE0430386426, closed financial year 2025 with a result of € -235,390 after tax. For that financial year GROUP MC recorded a gross margin of € -87,001 and equity of € 549,737. Compared with financial year 2024, the result moved from € -83,004 to € -235,390. 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 August 27, 2026.

What it is worth Healthy

€ 549,737

▼ 30% vs 2024

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

Loss Caution

€ -235,390

▼ 184 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 81,922

▼ 6% 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 € -962,236.

People and assets in 2025

Wage cost

€ 54,619

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

€ 8,042

▲ 1% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 1.1 million

▼ 40% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 207,868

▲ 96% vs 2024

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

Taxes and wages

€ 36,467

▲ € 36,034 vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € -702,144 € 437,769 € -28,246 € -87,001 ▼ € 58,755
Profit after taxes € -731,774 € 278,633 € -83,004 € -235,390 ▼ € 152,386
Equity € 589,497 € 868,131 € 785,127 € 549,737 ▼ 30%
Total debts € 465,448 € 1,218,068 € 2,313,257 € 1,992,293 ▼ 14%
Cash € 221,107 € 1,295,296 € 86,875 € 81,922 ▼ 6%
Retained profit € -922,476 € -643,843 € -726,846 € -962,236 ▼ € 235,390
Bank debt € 0 € 51,875 € 1,764,636 € 1,059,471 ▼ 40%
Balance sheet total € 1,054,945 € 2,086,199 € 3,098,384 € 2,542,030 ▼ 18%

Key figures of GROUP MC, 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 GROUP MC?

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

  • New annual accounts for financial year 2025: loss of € 235,390. filed late Source: NBB ↗
  • New establishment in Waterloo. KBO
  • Start of the company according to the CBE. KBO

In short

From € 731,774 loss in 2022 to € 235,390 loss in 2025.

Paid € 1,676 in corporate taxes since 2022.

Best year ever: 2023, with € 278,633 profit.

Management

Cemil Mugla
Serpil BALCIK
Dilhan Mugla
GROUP MC

Behind GROUP MC are Cemil Mugla, Serpil BALCIK and Dilhan Mugla. It owns 100% of JY BUILDING INVEST itself.

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Directors

According to the 2025 annual accounts

Cemil Mugla

Managing director

Also active at: JY BUILDING INVEST

Serpil BALCIK

Administrateur

Dilhan Mugla

administrateur

Also active at: ALFONS BURGER

Establishments

Establishment units

Physical locations of this company

Registered office

Louizalaan 209A box 7

1050 Brussel

2.219.742.654

Place de la Ferme-Ecole 6

1410 Waterloo

Active since 15 March 2013

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

Details

Company number
0430.386.426
VAT number
BE 0430.386.426
Registered office
Louizalaan 209A bus 7, 1050 Brussel
Names & denominations
GROUP MC
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
5 February 1987
Peppol
Active · Active since 27 Oct 2025
Activities · NACE

Algemene elektrotechnische installatiewerken

Overige gespecialiseerde bouwactiviteiten, neg

Overige gespecialiseerde werkzaamheden in de bouw

Overige gespecialiseerde bouwwerkzaamheden

Groothandel in uurwerken en sieraden

Markt- en opinieonderzoek

Detailhandel in ICT-apparatuur

Groothandel in horloges en uurwerken, artikelen van edele metalen en sieraden

+4

Frequently asked questions

What does GROUP MC do?
GROUP MC is an electrical contractor in Brussel. Public Limited, started on 5 February 1987, 1 establishment.
What is the address of GROUP MC?
The registered office of GROUP MC is located at Louizalaan 209A box 7, 1050 Brussel.
Is GROUP MC still active?
Yes. According to the CBE (16 September 2026) GROUP MC is active, legal situation “Normale toestand”, started on 5 February 1987.
Is GROUP MC registered on Peppol?
Yes, GROUP MC is registered on the Peppol network with ID 0208:0430386426.
What is the enterprise number of GROUP MC?
The enterprise number of GROUP MC is BE0430386426.
When was GROUP MC founded?
GROUP MC was founded on 5 February 1987.