Financials
Financial year 2025
Worth noting
- A loss two years in a row.
- Little cash and receivables against the short-term debts.
Gross margin
€ 0
Profit
Caution€ -980
Debts
Low€ 202,545
M.G.D. Belgium from Gent, company number BE0442060375, closed financial year 2025 with a result of € -980 after tax. For that financial year M.G.D. Belgium recorded a gross margin of € 0 and equity of € 2 million. Compared with financial year 2024, the result moved from € -982 to € -980. 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 January 5, 2026.
What happened at M.G.D. Belgium?
What happened at M.G.D. Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 980. Source: NBB ↗
- Upgrade Estate NV became a director. NBB
- Growing-UP BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 0 profit in 2022 to € 980 loss in 2025.
A new publication or filing at M.G.D. Belgium? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
Behind M.G.D. Belgium are Upgrade Estate NV and Growing-UP BV. The same people are also behind Timi UpKot, 10 Upkot, Upliving Ghent - Queen, BACKSTAGE²UPKOT and Wing Upkot.
Directors
According to the 2025 annual accounts
Director · represented by Nele VAN DAMME
Also active at: Timi UpKot, 10 Upkot, Upliving Ghent - Queen +24 more
since 2020
Director · represented by Koenraad BELSACK
Also active at: Timi UpKot, 10 Upkot, Upliving Ghent - Queen +23 more
since 2020
Establishments
Establishment units
Physical locations of this company
Amelia Earhartlaan 2 box 201
9051 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 62 companies are registered at this address.
UPGRADE ESTATE GROUP
€ 3 million gross margin · 2025
WESTATE
€ 40,264 gross margin · 2025
Timi UpKot same network
€ 643,357 gross margin · 2025
10 Upkot same network
€ 289,659 gross margin · 2025
Gandia
€ 43,171 gross margin · 2025
+57 more
Details
- Company number
- 0442.060.375
- VAT number
- BE 0442.060.375
- Registered office
- Amelia Earhartlaan 2 bus 201, 9051 Gent
- Names & denominations
- M.G.D. Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 September 1990
- Peppol
- Active · Active since 22 May 2025