Active · per the CBE, 15 September 2026

M.G.R.

BE0434822789

Rechtspersoon Private limited company 2 establishments

M.G.R. is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 8 July 1988, 2 establishments.

Buizenbergstraat 4, 9830 Sint-Martens-Latem

Behind the company: Guy REYNIERS.

Active for

38 year, 2 months

Financials

Financial year 2025

M.G.R. from Sint-Martens-Latem, company number BE0434822789, closed financial year 2025 with a result of € 347,270 after tax. For that financial year M.G.R. recorded a gross margin of € 563,169 and equity of € 11.5 million. Compared with financial year 2024, the result moved from € 826,138 to € 347,270. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 3, 2026.

What it is worth Growing

€ 11.5 million

▲ 2% vs 2024

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

Profit Healthy

€ 347,270

▼ 58% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 745,833

▲ 43% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 11.4 million.

People and assets in 2025

Full-time equivalents

2

▲ 0.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 90,257

▲ 9% vs 2024

€ 45,100 per full-time equivalent. 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

€ 9.2 million

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

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

Owed to suppliers

€ 44,286

▲ 116% vs 2024

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

Taxes and wages

€ 86,310

▼ 42% 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 € 1,553,428 € 1,527,239 € 1,332,855 € 563,169 ▼ 58%
Profit after taxes € 1,128,721 € 2,315,001 € 826,138 € 347,270 ▼ 58%
Equity € 9,212,335 € 10,469,836 € 11,295,974 € 11,468,165 ▲ 2%
Total debts € 244,844 € 2,611,572 € 346,530 € 181,741 ▼ 48%
Cash € 757,815 € 1,003,936 € 521,230 € 745,833 ▲ 43%
Land & buildings € 1,049,818 € 958,085 € 869,841 € 660,446 ▼ 24%
Retained profit € 7,830,866 € 10,189,562 € 11,059,395 € 11,406,665 ▲ 3%
Bank debt € 0 € 1,000,000 € 75,000 € 0 ▼ 100%
Balance sheet total € 9,457,179 € 13,081,408 € 11,642,504 € 11,649,906
Employees (FTE) 1 1.2 1.6 2 ▲ 0.4

Key figures of M.G.R., fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to M.G.R.?

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

  • New annual accounts for financial year 2025: profit of € 347,270 (▼ 58% vs 2024). filed late Source: NBB ↗
  • New establishment in Lievegem. KBO
  • Guy REYNIERS became a director. NBB
  • New establishment in Sint-Martens-Latem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 1.1 million profit in 2022 to € 347,270 profit in 2025.

Paid € 1.3 million in corporate taxes since 2022.

Best year ever: 2023, with € 2.3 million profit.

On average € 281,600 of value added per employee in 2025.

Management

Guy REYNIERS

Behind M.G.R. is Guy REYNIERS. Guy REYNIERS is also behind DSP FOOD, GREENGLASS, NUTMEG, DRYPACK and DRY-TOP.

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Directors

According to the 2025 annual accounts

Guy REYNIERS

Director

Also active at: DSP FOOD, GREENGLASS, NUTMEG, DRYPACK, DRY-TOP, TUFRUI, WESEARCH, Berry Packers

since 2022

Establishments

Establishment units

Physical locations of this company

Registered office

Buizenbergstraat 4

9830 Sint-Martens-Latem

2.368.879.659

Kerkstraat 2

9950 Lievegem

Active since 1 January 2025

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

Details

Company number
0434.822.789
VAT number
BE 0434.822.789
Registered office
Buizenbergstraat 4, 9830 Sint-Martens-Latem
Names & denominations
M.G.R.
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
8 July 1988
Peppol
Active · Active since 26 Dec 2025
Activities · NACE

Activiteiten van holdings

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Holdings

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Frequently asked questions

What does M.G.R. do?
M.G.R. is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 8 July 1988, 2 establishments.
What is the address of M.G.R.?
The registered office of M.G.R. is located at Buizenbergstraat 4, 9830 Sint-Martens-Latem.
Is M.G.R. still active?
Yes. According to the CBE (15 September 2026) M.G.R. is active, legal situation “Normale toestand”, started on 8 July 1988.
Is M.G.R. registered on Peppol?
Yes, M.G.R. is registered on the Peppol network with ID 0208:0434822789.
What is the enterprise number of M.G.R.?
The enterprise number of M.G.R. is BE0434822789.
When was M.G.R. founded?
M.G.R. was founded on 8 July 1988.