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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.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
M.G. Concept from Gembloux, company number BE0442298323, closed financial year 2024 with a result of € 3,854 after tax. For that financial year M.G. Concept recorded a gross margin of € 10,317 and equity of € 25,580. Compared with financial year 2023, the result moved from € -821 to € 3,854. Profitable, and profit is growing. 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 September 15, 2025.
€ 25,580
▲ 18% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,854
▲ still € 821 loss in 2023
Profit after tax over the fiscal year.
€ 8,677
▲ 205% 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 € 791.
People and assets in 2024
€ 624
▼ 55% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 40
Supplier invoices still open on the last day of the fiscal year.
€ 7,644
▲ 64% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 30,803 | € 5,345 | € 3,571 | € 10,317 | ▲ 189% |
| Profit after taxes | € 7,292 | € -1,176 | € -821 | € 3,854 | ▲ € 4,675 |
| Equity | € 23,723 | € 22,548 | € 21,726 | € 25,580 | ▲ 18% |
| Total debts | € 14,045 | € 12,703 | € 4,749 | € 12,092 | ▲ 155% |
| Cash | € 12,015 | € 3,620 | € 2,846 | € 8,677 | ▲ 205% |
| Retained profit | € -1,066 | € -2,242 | € -3,063 | € 791 | ▲ € 3,854 |
| Balance sheet total | € 37,768 | € 35,250 | € 26,475 | € 37,672 | ▲ 42% |
Key figures of M.G. Concept, 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. Concept?
What happened at M.G. Concept in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
M.G. Concept is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: profit of € 3,854. filed late Source: NBB ↗
- New establishment in Charleroi. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,292 profit in 2021 to € 3,854 profit in 2024.
Paid € 20,409 in corporate taxes since 2021.
Best year ever: 2021, with € 7,292 profit.
Establishments
Establishment units
Physical locations of this company
Rue del'vaux, Gd-L. 27
5031 Gembloux
Avenue Paul Pastur 149
6032 Charleroi
Active since 26 December 1990
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.298.323
- VAT number
- BE 0442.298.323
- Registered office
- Rue del'vaux, Gd-L. 27, 5031 Gembloux
- Names & denominations
- M.G. Concept
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 14 December 1990
- Peppol
- Not registered
- Activities · NACE
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