What is the address of MG CITY STATION?

The registered office of MG CITY STATION is located at Esplanade Oscar Van de Voorde 1, 9000 Gent.

Is MG CITY STATION still active?

Yes. According to the CBE (29 October 2026) MG CITY STATION is active, legal situation “Normale toestand”, started on 7 March 1990.

Is MG CITY STATION registered on Peppol?

Yes, MG CITY STATION is registered on the Peppol network with ID 0208:0440023474.

What is the enterprise number of MG CITY STATION?

The enterprise number of MG CITY STATION is BE0440023474.

When was MG CITY STATION founded?

MG CITY STATION was founded on 7 March 1990.

Who are the directors of MG CITY STATION?

According to the 2025 annual accounts, the directors of MG CITY STATION are: Mea Vota One, Mg Re Investment, Scs, Prodit.

Is MG CITY STATION a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 March 1990; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did MG CITY STATION make in 2025?

MG CITY STATION posted a profit after taxes of € 36,718 in financial year 2025.

What is the revenue of MG CITY STATION?

As a small company, MG CITY STATION is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 27,077.

MG CITY STATION (Public Limited) - Gent - BE0440023474

Q: What does MG CITY STATION do?

MG CITY STATION is registered with the CBE as active in: Ontwikkeling van niet-residentiële bouwprojecten. Public Limited, started on 7 March 1990, 1 establishment.

Dossier MG CITY STATION, printed on 29 October 2026 from databakkes.be/en/0440023474/mg-city-station. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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

Busy address KBO

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

Financials

Financial year 2025

MG CITY STATION from Gent, company number BE0440023474, closed financial year 2025 with a result of € 36,718 after tax. For that financial year MG CITY STATION recorded a gross margin of € 27,077 and equity of € 318,745. Compared with financial year 2024, the result moved from € -39,734 to € 36,718. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.

What it is worth Growing

€ 318,745

▲ 13% vs 2024

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

Profit Growing

€ 36,718

▲ still € 39,734 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 60,729

▼ 77% 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 € 218,745.

Debts at end 2025

Bank debt

€ 5 million

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 3.9 million

▲ € 3.9 million vs 2024

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

Taxes

€ 7,288

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 103,524 Gross margin 2022: € 103,524 First fiscal year in the series	€ 49,450 Gross margin 2023: € 49,450 ▼ 52% vs 2022 (€ 103,524) Unfavourable step	€ 47,966 Gross margin 2024: € 47,966 ▼ 3% vs 2023 (€ 49,450) Unfavourable step	€ 27,077 Gross margin 2025: € 27,077 ▼ 44% vs 2024 (€ 47,966) Unfavourable step	▼ 44%
Profit after taxes	€ 22,200 Profit after taxes 2022: € 22,200 First fiscal year in the series	€ -25,396 Profit after taxes 2023: € -25,396 ▼ € 47,596 vs 2022 (€ 22,200) Unfavourable step	€ -39,734 Profit after taxes 2024: € -39,734 ▼ € 14,338 vs 2023 (€ -25,396) Unfavourable step	€ 36,718 Profit after taxes 2025: € 36,718 ▲ € 76,452 vs 2024 (€ -39,734) Favourable step	▲ € 76,452
Equity	€ 347,156 Equity 2022: € 347,156 First fiscal year in the series	€ 321,760 Equity 2023: € 321,760 ▼ 7% vs 2022 (€ 347,156) Unfavourable step	€ 282,027 Equity 2024: € 282,027 ▼ 12% vs 2023 (€ 321,760) Unfavourable step	€ 318,745 Equity 2025: € 318,745 ▲ 13% vs 2024 (€ 282,027) Favourable step	▲ 13%
Total debts	€ 1,203,488 Total debts 2022: € 1,203,488 First fiscal year in the series	€ 1,239,051 Total debts 2023: € 1,239,051 ▲ 3% vs 2022 (€ 1,203,488) Unfavourable step	€ 1,306,780 Total debts 2024: € 1,306,780 ▲ 5% vs 2023 (€ 1,239,051) Unfavourable step	€ 10,159,108 Total debts 2025: € 10,159,108 ▲ € 8.9 million vs 2024 (€ 1,306,780) Unfavourable step	▲ € 8.9 million
Cash	€ 115,764 Cash 2022: € 115,764 First fiscal year in the series	€ 257,655 Cash 2023: € 257,655 ▲ 123% vs 2022 (€ 115,764) Favourable step	€ 269,098 Cash 2024: € 269,098 ▲ 4% vs 2023 (€ 257,655) Favourable step	€ 60,729 Cash 2025: € 60,729 ▼ 77% vs 2024 (€ 269,098) Unfavourable step	▼ 77%
Land & buildings	€ 260,942 Land & buildings 2022: € 260,942 First fiscal year in the series	€ 254,303 Land & buildings 2023: € 254,303 ▼ 3% vs 2022 (€ 260,942) Unchanged	€ 247,664 Land & buildings 2024: € 247,664 ▼ 3% vs 2023 (€ 254,303) Unchanged	€ 610,840 Land & buildings 2025: € 610,840 ▲ 147% vs 2024 (€ 247,664) Unchanged	▲ 147%
Retained profit	€ 247,156 Retained profit 2022: € 247,156 First fiscal year in the series	€ 221,760 Retained profit 2023: € 221,760 ▼ 10% vs 2022 (€ 247,156) Unfavourable step	€ 182,027 Retained profit 2024: € 182,027 ▼ 18% vs 2023 (€ 221,760) Unfavourable step	€ 218,745 Retained profit 2025: € 218,745 ▲ 20% vs 2024 (€ 182,027) Favourable step	▲ 20%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 5,000,000 Bank debt 2025: € 5,000,000 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 1,550,644 Balance sheet total 2022: € 1,550,644 First fiscal year in the series	€ 1,560,811 Balance sheet total 2023: € 1,560,811 ▲ 1% vs 2022 (€ 1,550,644) Unchanged	€ 1,588,807 Balance sheet total 2024: € 1,588,807 ▲ 2% vs 2023 (€ 1,560,811) Unchanged	€ 10,477,853 Balance sheet total 2025: € 10,477,853 ▲ € 8.9 million vs 2024 (€ 1,588,807) Unchanged	▲ € 8.9 million

Key figures of MG CITY STATION, 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 MG CITY STATION?

What happened at MG CITY STATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 Mea Vota One stepped down as director. NBB
2030 Mg Re Investment stepped down as director. NBB
2030 Scs stepped down as director. NBB
2030 Prodit stepped down as director. NBB
Jun 15, 2026 New annual accounts for financial year 2025: profit of € 36,718. Source: NBB ↗
2024 Mea Vota One became a director. NBB
2024 Mg Re Investment became a director. NBB
2024 Scs became a director. NBB

In short

From € 22,200 profit in 2022 to € 36,718 profit in 2025.

Paid € 11,034 in corporate taxes since 2022.

Best year ever: 2025, with € 36,718 profit.

Original PDFs at the National Bank ↗

Management

MG Real Estate NV 99.9%

Mg Re Invest S.A. 0.1%

MG CITY STATION

The shares are held by MG Real Estate NV (99.9%) and Mg Re Invest S.A. (0.1%).

Directors

According to the 2025 annual accounts

Mea Vota One

Director · represented by Anja Tackaert

Also active at: Maple Land, Celtis Julianae, ABIES ALBA, DULLE GRIET GARDEN, SASAELLA, FAGIUS, PRUNUS, SOPHORA +36 more

since 2024 · until 2030

Mg Re Investment

Managing director · represented by Ignace De Paepe

Also active at: PAULOWNIA, STASIMO, Maple Land, Celtis Julianae, ABIES ALBA, Selas, DULLE GRIET GARDEN, SASAELLA +48 more

since 2024 · until 2030

Scs

Director · represented by Stacey Smits

Also active at: Maple Land, Celtis Julianae, ABIES ALBA, DULLE GRIET GARDEN, SASAELLA, FAGIUS, PRUNUS, SOPHORA +38 more

since 2024 · until 2030

Prodit

Director · represented by Ignace Tytgat

Also active at: STASIMO, Maple Land, Celtis Julianae, ABIES ALBA, DULLE GRIET GARDEN, SASAELLA, FAGIUS, PRUNUS +42 more

since 2024 · until 2030

Shareholders

MG Real Estate NV

99.9%

Mg Re Invest S.A.

0.1%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Esplanade Oscar Van de Voorde 1

9000 Gent

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 79 companies are registered at this address.

All companies at this address →

VDL-INTERASS

€ 2.8 million gross margin · 2025

PAULOWNIA same network

€ 2.7 million gross margin · 2025

STASIMO same network

€ -16,816 gross margin · 2025

NEVIMO

€ 2.8 million gross margin · 2025

Maple Land same network

€ -4,331 gross margin · 2025

+74 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

0440.023.474

VAT number

BE 0440.023.474

Registered office

Esplanade Oscar Van de Voorde 1, 9000 Gent

Names & denominations

MG CITY STATION

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

7 March 1990

Peppol

Active · Active since 26 Aug 2025

Activities · NACE

Ontwikkeling van niet-residentiële bouwprojecten

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Diverse ondersteunende activiteiten ten behoeve van voorzieningen

Ontwikkeling van residentiële bouwprojecten

Beheer van overig onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗

MG CITY STATION

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Financials

What happened to MG CITY STATION?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions