Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
M.G. MANAGEMENT from Brussel, company number BE0450171654, closed financial year 2025 with a result of € 77,604 after tax. For that financial year M.G. MANAGEMENT recorded a gross margin of € 118,647 and equity of € -178,645. Compared with financial year 2024, the result moved from € -107,048 to € 77,604. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 30, 2025.
€ -178,645
▲ € 77,604 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 77,604
▲ still € 107,048 loss in 2024
Profit after tax over the fiscal year.
€ 18,447
▲ € 17,655 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 € -197,245.
People and assets in 2025
€ 33,080
▼ 31% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,558
▼ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,710
▼ 44% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 65,788 | € 63,504 | € -41,160 | € 118,647 | ▲ € 159,807 |
| Profit after taxes | € -6,035 | € -10,756 | € -107,048 | € 77,604 | ▲ € 184,653 |
| Equity | € -138,445 | € -149,201 | € -256,249 | € -178,645 | ▲ € 77,604 |
| Total debts | € 333,216 | € 362,579 | € 393,756 | € 261,172 | ▼ 34% |
| Cash | € 46,385 | € 68,230 | € 792 | € 18,447 | ▲ € 17,655 |
| Retained profit | € -157,045 | € -167,801 | € -274,849 | € -197,245 | ▲ € 77,604 |
| Bank debt | € 0 | € 0 | € 30,579 | € 0 | ▼ 100% |
| Balance sheet total | € 194,771 | € 213,378 | € 137,507 | € 82,527 | ▼ 40% |
| Employees (FTE) | 3.3 | 4 | 2 | - |
Key figures of M.G. MANAGEMENT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to M.G. MANAGEMENT?
What happened at M.G. MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 77,604. Source: NBB ↗
- New establishment in Wavre. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,035 loss in 2022 to € 77,604 profit in 2025.
Paid € 2,358 in corporate taxes since 2022.
Best year ever: 2025, with € 77,604 profit.
On average € 15,900 of value added per employee in 2023.
A new publication or filing at M.G. MANAGEMENT? 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
Establishments
Establishment units
Physical locations of this company
de Vrièrestraat 67
1020 Brussel
Avenue de l'Aquilon 20
1300 Wavre
Active since 1 January 2008
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0450.171.654
- VAT number
- BE 0450.171.654
- Registered office
- de Vrièrestraat 67, 1020 Brussel
- Names & denominations
- M.G. MANAGEMENT · M.G.M.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 May 1993
- Peppol
- Active · Active since 8 May 2026
- Activities · NACE
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