What does M.G. CARS do?

M.G. CARS is a taxi company in Ittre. Private Limited, started on 11 June 1987, 1 establishment.

What is the address of M.G. CARS?

The registered office of M.G. CARS is located at Rue Laverland 26, 1460 Ittre.

Is M.G. CARS still active?

Yes. According to the CBE (16 September 2026) M.G. CARS is active, legal situation “Normale toestand”, started on 11 June 1987.

Is M.G. CARS registered on Peppol?

Yes, M.G. CARS is registered on the Peppol network with ID 0208:0431245172.

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

The enterprise number of M.G. CARS is BE0431245172.

When was M.G. CARS founded?

M.G. CARS was founded on 11 June 1987.

Is M.G. CARS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 June 1987; 5 annual accounts filed, latest fiscal year 2025.

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

M.G. CARS recorded a loss after taxes of € 65,665 in financial year 2025.

What is the revenue of M.G. CARS?

In its most recent annual accounts (2025), M.G. CARS reported revenue of € 646,584.

M.G. CARS (Private Limited) - Ittre - BE0431245172

Dossier M.G. CARS, printed on 16 September 2026 from databakkes.be/en/0431245172/m-g-cars. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

M.G. CARS from Ittre, company number BE0431245172, closed financial year 2025 with a result of € -65,665 after tax. For that financial year M.G. CARS recorded revenue of € 646,584 and equity of € 370,221. Compared with financial year 2024, the result moved from € 62,807 to € -65,665. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.

What it is worth Healthy

€ 370,221

▼ 15% vs 2024

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

Loss Caution

€ -65,665

▼ still € 62,807 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 96,945

▼ 4% 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 € 351,629.

People and assets in 2025

Wage cost

€ 228,310

▲ 6% vs 2024

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

€ 377,761

▼ 5% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 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.

€ 192,575

▲ 13% vs 2024

€ 116,038 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 25,844

▲ € 20,511 vs 2024

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

Taxes and wages

€ 37,420

▼ 15% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 607,862 Revenue 2022: € 607,862 First fiscal year in the series	€ 687,075 Revenue 2023: € 687,075 ▲ 13% vs 2022 (€ 607,862) Favourable step	€ 824,053 Revenue 2024: € 824,053 ▲ 20% vs 2023 (€ 687,075) Favourable step	€ 646,584 Revenue 2025: € 646,584 ▼ 22% vs 2024 (€ 824,053) Unfavourable step	▼ 22%
Gross margin	€ 440,697 Gross margin 2022: € 440,697 First fiscal year in the series	€ 332,191 Gross margin 2023: € 332,191 ▼ 25% vs 2022 (€ 440,697) Unfavourable step	€ 445,948 Gross margin 2024: € 445,948 ▲ 34% vs 2023 (€ 332,191) Favourable step	€ 325,266 Gross margin 2025: € 325,266 ▼ 27% vs 2024 (€ 445,948) Unfavourable step	▼ 27%
Profit after taxes	€ 177,502 Profit after taxes 2022: € 177,502 First fiscal year in the series	€ 13,593 Profit after taxes 2023: € 13,593 ▼ 92% vs 2022 (€ 177,502) Unfavourable step	€ 62,807 Profit after taxes 2024: € 62,807 ▲ € 49,214 vs 2023 (€ 13,593) Favourable step	€ -65,665 Profit after taxes 2025: € -65,665 ▼ € 128,472 vs 2024 (€ 62,807) Unfavourable step	▼ € 128,472
Equity	€ 359,486 Equity 2022: € 359,486 First fiscal year in the series	€ 373,079 Equity 2023: € 373,079 ▲ 4% vs 2022 (€ 359,486) Favourable step	€ 435,886 Equity 2024: € 435,886 ▲ 17% vs 2023 (€ 373,079) Favourable step	€ 370,221 Equity 2025: € 370,221 ▼ 15% vs 2024 (€ 435,886) Unfavourable step	▼ 15%
Total debts	€ 151,802 Total debts 2022: € 151,802 First fiscal year in the series	€ 238,631 Total debts 2023: € 238,631 ▲ 57% vs 2022 (€ 151,802) Unfavourable step	€ 220,357 Total debts 2024: € 220,357 ▼ 8% vs 2023 (€ 238,631) Favourable step	€ 255,839 Total debts 2025: € 255,839 ▲ 16% vs 2024 (€ 220,357) Unfavourable step	▲ 16%
Cash	€ 364,757 Cash 2022: € 364,757 First fiscal year in the series	€ 49,574 Cash 2023: € 49,574 ▼ 86% vs 2022 (€ 364,757) Unfavourable step	€ 101,220 Cash 2024: € 101,220 ▲ 104% vs 2023 (€ 49,574) Favourable step	€ 96,945 Cash 2025: € 96,945 ▼ 4% vs 2024 (€ 101,220) Unfavourable step	▼ 4%
Land & buildings	€ 25,950 Land & buildings 2022: € 25,950 First fiscal year in the series	€ 25,660 Land & buildings 2023: € 25,660 ▼ 1% vs 2022 (€ 25,950) Unchanged	€ 25,370 Land & buildings 2024: € 25,370 ▼ 1% vs 2023 (€ 25,660) Unchanged	€ 25,080 Land & buildings 2025: € 25,080 ▼ 1% vs 2024 (€ 25,370) Unchanged	▼ 1%
Retained profit	€ 340,894 Retained profit 2022: € 340,894 First fiscal year in the series	€ 354,487 Retained profit 2023: € 354,487 ▲ 4% vs 2022 (€ 340,894) Favourable step	€ 417,294 Retained profit 2024: € 417,294 ▲ 18% vs 2023 (€ 354,487) Favourable step	€ 351,629 Retained profit 2025: € 351,629 ▼ 16% vs 2024 (€ 417,294) Unfavourable step	▼ 16%
Dividend	€ 10,000 Dividend 2022: € 10,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 10,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 137,714 Bank debt 2023: € 137,714 Unchanged (€ 0) Unfavourable step	€ 170,900 Bank debt 2024: € 170,900 ▲ 24% vs 2023 (€ 137,714) Unfavourable step	€ 192,575 Bank debt 2025: € 192,575 ▲ 13% vs 2024 (€ 170,900) Unfavourable step	▲ 13%
Balance sheet total	€ 511,288 Balance sheet total 2022: € 511,288 First fiscal year in the series	€ 611,709 Balance sheet total 2023: € 611,709 ▲ 20% vs 2022 (€ 511,288) Unchanged	€ 656,243 Balance sheet total 2024: € 656,243 ▲ 7% vs 2023 (€ 611,709) Unchanged	€ 626,060 Balance sheet total 2025: € 626,060 ▼ 5% vs 2024 (€ 656,243) Unchanged	▼ 5%

Key figures of M.G. CARS, 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. CARS?

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

Jul 7, 2026 New annual accounts for financial year 2025: loss of € 65,665 (▼ € 128,472 vs 2024). Source: NBB ↗
Jul 11, 1994 New establishment in Ittre. KBO
Jun 11, 1987 Start of the company according to the CBE. KBO

In short

From € 177,502 profit in 2022 to € 65,665 loss in 2025.

Paid € 94,738 in corporate taxes since 2022.

Best year ever: 2022, with € 177,502 profit.

Paid out € 10,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at M.G. CARS? We notify you, reason included.

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My folder 3 companies

De Lijn 8 June 2026 New annual account 2025

filed on 8 June 2026

What was left

€ 20 k ▼ 91%
Money in the bank

€ 178 k ▼ 98%

Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit

Real filings at the National Bank

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Laverland 26

1460 Ittre

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

Details

Company number

0431.245.172

VAT number

BE 0431.245.172

Registered office

Rue Laverland 26, 1460 Ittre

Names & denominations

M.G. CARS

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

11 June 1987

Peppol

Active · Active since 3 Dec 2025

Activities · NACE

Personenvervoer over de weg zonder dienstregeling

Overig vervoer van personen te land

Overig personenvervoer te land, n.e.g.

Verhuur en lease van personenauto’s en andere lichte motorvoertuigen

Overige detailhandel in nieuwe artikelen neg

Verhuur van auto's

Overige gespecialiseerde detailhandel in artikelen, andere dan voedingsmiddelen, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗