Warning lights
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.
€ 318,745
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 36,718
▲ still € 39,734 loss in 2024
Profit after tax over the fiscal year.
€ 60,729
▼ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 218,745.
Debts at end 2025
€ 5 million
Loans from banks and other lenders, long and short.
€ 3.9 million
▲ € 3.9 million vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,288
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 103,524 | € 49,450 | € 47,966 | € 27,077 | ▼ 44% |
| Profit after taxes | € 22,200 | € -25,396 | € -39,734 | € 36,718 | ▲ € 76,452 |
| Equity | € 347,156 | € 321,760 | € 282,027 | € 318,745 | ▲ 13% |
| Total debts | € 1,203,488 | € 1,239,051 | € 1,306,780 | € 10,159,108 | ▲ € 8.9 million |
| Cash | € 115,764 | € 257,655 | € 269,098 | € 60,729 | ▼ 77% |
| Land & buildings | € 260,942 | € 254,303 | € 247,664 | € 610,840 | ▲ 147% |
| Retained profit | € 247,156 | € 221,760 | € 182,027 | € 218,745 | ▲ 20% |
| Bank debt | € 0 | € 0 | € 0 | € 5,000,000 | |
| Balance sheet total | € 1,550,644 | € 1,560,811 | € 1,588,807 | € 10,477,853 | ▲ € 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:
- Mea Vota One stepped down as director. NBB
- Mg Re Investment stepped down as director. NBB
- Scs stepped down as director. NBB
- Prodit stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 36,718. Source: NBB ↗
- Mea Vota One became a director. NBB
- Mg Re Investment became a director. NBB
- 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.
A new publication or filing at MG CITY STATION? We notify you, reason included.
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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 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
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
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
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
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
99.9%
Mg Re Invest S.A.
0.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
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