Active · per the CBE, 30 October 2026

MEG

BE0448992610

Rechtspersoon Public limited company 1 establishment

MEG is a road construction company in Nieuwerkerken (Limb.). Public Limited, started on 22 December 1992, 1 establishment.

Rozenbosstraat 88, 3850 Nieuwerkerken (Limb.)

Behind the company: Stijn Bogaerts.

Active for

33 year, 10 months

Warning lights

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

  • Tight liquidity NBB

    Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.

  • Shrinking team NBB

    FTE fell two years in a row, from 15.7 to 14.

Financials

Financial year 2025

MEG from Nieuwerkerken (Limb.), company number BE0448992610, closed financial year 2025 with a result of € 10,350 after tax. For that financial year MEG recorded a gross margin of € 836,010 and equity of € 499,684. Compared with financial year 2024, the result moved from € 1,901 to € 10,350. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 28, 2026.

What it is worth Growing

€ 499,684

▲ 2% vs 2024

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

Profit Growing

€ 10,350

▲ € 8,449 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 6,462

▼ 93% 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 € 349,684.

People and assets in 2025

Full-time equivalents

14

▼ 0.8 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 591,127

▼ 27% vs 2024

€ 42,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 659,775

▼ 1% vs 2024

Of which on lease € 397,735.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 698,153

▼ 5% vs 2024

€ 164,817 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 484,836

▲ 13% vs 2024

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

Taxes and wages

€ 134,787

▲ 93% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 995,726 € 1,041,256 € 1,034,288 € 836,010 ▼ 19%
Profit after taxes € 73,837 € 2,995 € 1,901 € 10,350 ▲ € 8,449
Equity € 505,827 € 490,689 € 489,333 € 499,684 ▲ 2%
Total debts € 1,587,787 € 1,563,427 € 1,607,375 € 1,756,760 ▲ 9%
Cash € 99,527 € 132,146 € 91,795 € 6,462 ▼ 93%
Land & buildings € 11,316 € 44,773 € 51,139 € 47,167 ▼ 8%
Retained profit € 355,827 € 340,689 € 339,333 € 349,684 ▲ 3%
Dividend € 0 € 18,134 € 3,256 € 0 ▼ 100%
Bank debt € 923,713 € 875,034 € 734,496 € 698,153 ▼ 5%
Balance sheet total € 2,093,614 € 2,054,116 € 2,096,708 € 2,256,444 ▲ 8%
Employees (FTE) 17.2 15.7 14.8 14 ▼ 0.8

Key figures of MEG, 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 MEG?

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

  • New annual accounts for financial year 2025: profit of € 10,350 (▲ € 8,449 vs 2024). Source: NBB ↗
  • New establishment in Nieuwerkerken (Limb.). KBO
  • Start of the company according to the CBE. KBO

In short

From € 73,837 profit in 2022 to € 10,350 profit in 2025.

Paid € 12,350 in corporate taxes since 2022.

Best year ever: 2022, with € 73,837 profit.

On average € 59,700 of value added per employee in 2025.

Management

BBS Beheer 98.4%

The stake of BBS Beheer comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

MEG

Behind MEG is Stijn Bogaerts. The shares are held by BBS Beheer (98.4%).

Directors

According to the 2025 annual accounts

Stijn Bogaerts

Director

Also active at: BBS Beheer, Bouwwerken Bogaerts

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rozenbosstraat 88

3850 Nieuwerkerken (Limb.)

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0448.992.610
VAT number
BE 0448.992.610
Registered office
Rozenbosstraat 88, 3850 Nieuwerkerken (Limb.)
Names & denominations
MEG
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
22 December 1992
Peppol
Active · Active since 30 Jan 2025
Activities · NACE

Bouw van autowegen en andere wegen

Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten

Algemene bouw van residentiële gebouwen

Optrekken van andere residentiële gebouwen en van kantoorgebouwen

Bouwrijp maken van terreinen

Grondverzet

Frequently asked questions

What does MEG do?
MEG is a road construction company in Nieuwerkerken (Limb.). Public Limited, started on 22 December 1992, 1 establishment.
What is the address of MEG?
The registered office of MEG is located at Rozenbosstraat 88, 3850 Nieuwerkerken (Limb.).
Is MEG still active?
Yes. According to the CBE (30 October 2026) MEG is active, legal situation “Normale toestand”, started on 22 December 1992.
Is MEG registered on Peppol?
Yes, MEG is registered on the Peppol network with ID 0208:0448992610.
What is the enterprise number of MEG?
The enterprise number of MEG is BE0448992610.
When was MEG founded?
MEG was founded on 22 December 1992.