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 1 % of short-term debt in 2024; threshold 65 %.
-
Busy address KBO
22 other companies have their registered office at the same address; threshold 10.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
M & G from Brussel, company number BE0438056453, closed financial year 2024 with a result of € 12,168 after tax. For that financial year M & G recorded a gross margin of € 45,551 and equity of € 130,334. Compared with financial year 2023, the result moved from € 12,118 to € 12,168. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 11, 2025.
€ 130,334
▲ 10% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,168
Profit after tax over the fiscal year.
€ 1,448
▲ € 1,089 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 68,334.
Debts at end 2024
€ 352,821
▼ 6% vs 2023
€ 19,568 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 694
▼ 87% vs 2023
Supplier invoices still open on the last day of the fiscal year.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -12,440 | € -259 | € 25,649 | € 45,551 | ▲ 78% |
| Profit after taxes | € -30,901 | € -26,106 | € 12,118 | € 12,168 | |
| Equity | € 132,154 | € 106,049 | € 118,166 | € 130,334 | ▲ 10% |
| Total debts | € 621,889 | € 613,029 | € 677,900 | € 492,353 | ▼ 27% |
| Cash | € 56 | € 781 | € 359 | € 1,448 | ▲ € 1,089 |
| Land & buildings | € 511,640 | € 483,641 | € 554,643 | € 522,847 | ▼ 6% |
| Retained profit | € 70,154 | € 44,049 | € 56,166 | € 68,334 | ▲ 22% |
| Bank debt | € 419,446 | € 397,537 | € 376,688 | € 352,821 | ▼ 6% |
| Balance sheet total | € 875,395 | € 834,434 | € 905,283 | € 724,452 | ▼ 20% |
Key figures of M & G, 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 M & G?
What happened at M & G in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 12,168. filed late Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 30,901 loss in 2021 to € 12,168 profit in 2024.
Paid € 334 in corporate taxes since 2021.
Best year ever: 2024, with € 12,168 profit.
A new publication or filing at M & G? We notify you, reason included.
Follow M & GDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Management
The stake of APACHE BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
M & GBehind M & G are Francis Nolf and Dirk Van der Linden. The shares are held by APACHE BELGIUM (100%).
Directors
According to the 2024 annual accounts
Dirk Van der Linden
Gedelegeerd bestuurder
Also active at: KENSHY BRUSSELS, IMMO EDMA, RAPSODY, APACHE BELGIUM, CC DEVELOPMENT, KOTS ET MONS, FIFTH AVENUE REAL ESTATE
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louizalaan 85
1050 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
All companies at this address →Lappland
€ 137,643 gross margin · 2025
Mondial Trading Services
AXIS MUNDI
€ 41,056 gross margin · 2024
Logistique des Infrastructures Sociales des Associations des Marolles
KENSHY BRUSSELS same network
€ -85,268 gross margin · 2025
+17 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.056.453
- VAT number
- BE 0438.056.453
- Registered office
- Louizalaan 85, 1050 Brussel
- Names & denominations
- M & G
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 June 1989
- Peppol
- Not registered