Financials
Financial year 2025
M-GROUP from Gent, company number BE0443193295, closed financial year 2025 with a result of € 185,486 after tax. For that financial year M-GROUP recorded a gross margin of € 1.3 million and equity of € 8.4 million. Compared with financial year 2024, the result moved from € 248,637 to € 185,486. The company is profitable. 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 July 20, 2026.
€ 8.4 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 185,486
▼ 25% vs 2024
Profit after tax over the fiscal year.
€ 213,658
▲ 34% 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 € 4.7 million.
People and assets in 2025
€ 2,872
▲ € 2,378 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 9.4 million
▲ 28% vs 2024
€ 1.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 58,237
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 213,889
▼ 34% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,047,133 | € 1,315,096 | € 1,486,119 | € 1,344,743 | ▼ 10% |
| Profit after taxes | € 238,354 | € 302,054 | € 248,637 | € 185,486 | ▼ 25% |
| Equity | € 7,706,308 | € 8,008,362 | € 8,256,999 | € 8,442,485 | ▲ 2% |
| Total debts | € 8,590,881 | € 8,760,460 | € 8,580,423 | € 9,910,121 | ▲ 15% |
| Cash | € 1,644,941 | € 476,065 | € 158,900 | € 213,658 | ▲ 34% |
| Land & buildings | € 10,769,282 | € 11,030,974 | € 12,592,777 | € 12,883,586 | ▲ 2% |
| Retained profit | € 4,006,206 | € 4,308,259 | € 4,556,896 | € 4,742,382 | ▲ 4% |
| Bank debt | € 8,181,209 | € 8,087,274 | € 7,375,347 | € 9,448,262 | ▲ 28% |
| Balance sheet total | € 16,850,665 | € 17,285,064 | € 17,313,952 | € 18,789,548 | ▲ 9% |
Key figures of M-GROUP, 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 M-GROUP?
What happened at M-GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 185,486 (▼ 25% vs 2024). Source: NBB ↗
- D&B NV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 238,354 profit in 2022 to € 185,486 profit in 2025.
Paid € 516,072 in corporate taxes since 2022.
Best year ever: 2023, with € 302,054 profit.
Management
The stake of GERMIM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
M-GROUPBehind M-GROUP is D&B NV. The shares are held by D&B NV (100%) and GERMIM (70%). It owns 100% of Verum itself.
Directors
According to the 2025 annual accounts
Director · represented by Axel Dossche
Also active at: Verum, DOSSCHE INVEST, NOAN, 4D VENTURE CAPITAL, Serafien Bakery Real Estate, Serafien Bakery Group, Dossche Milling Real Estate, Dossche Milling Group
since 2024
Participations
100%
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 944
9000 Gent
Sint-Niklaasstraat 30
9000 Gent
Active since 15 March 1991
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0443.193.295
- VAT number
- BE 0443.193.295
- Registered office
- Kortrijksesteenweg 944, 9000 Gent
- Names & denominations
- M-GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 February 1991
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
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