Financials
Financial year 2025
M.G.A. from Genappe, company number BE0450976061, closed financial year 2025 with a result of € -19,027 after tax. For that financial year M.G.A. recorded a gross margin of € 37,437 and equity of € 56,747. Compared with financial year 2024, the result moved from € 6,457 to € -19,027. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 7, 2026.
€ 56,747
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,027
▼ still € 6,457 profit in 2024
Profit after tax over the fiscal year.
€ 23,496
▲ 210% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 38,155.
Debts at end 2025
€ 809,793
▲ 12% vs 2024
Loans from banks and other lenders, long and short.
€ 73,049
▼ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,914
▲ 61% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 15,115 | € 6,965 | € 10,600 | € 37,437 | ▲ 253% |
| Profit after taxes | € 9,696 | € 466 | € 6,457 | € -19,027 | ▼ € 25,484 |
| Equity | € 68,851 | € 69,317 | € 75,773 | € 56,747 | ▼ 25% |
| Total debts | € 22,454 | € 23,145 | € 1,622,750 | € 933,755 | ▼ 42% |
| Cash | € 80,964 | € 57,301 | € 7,579 | € 23,496 | ▲ 210% |
| Retained profit | € 50,259 | € 50,725 | € 57,181 | € 38,155 | ▼ 33% |
| Bank debt | € 0 | € 0 | € 723,861 | € 809,793 | ▲ 12% |
| Balance sheet total | € 91,304 | € 92,462 | € 1,698,523 | € 990,502 | ▼ 42% |
Key figures of M.G.A., 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.G.A.?
What happened at M.G.A. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 19,027 (▼ € 25,484 vs 2024). filed late Source: NBB ↗
- Martin MAHAUX became a director. NBB
- New establishment in Genappe. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,696 profit in 2022 to € 19,027 loss in 2025.
Paid € 8,357 in corporate taxes since 2022.
Best year ever: 2022, with € 9,696 profit.
Management
Behind M.G.A. is Martin MAHAUX.
Directors
According to the 2025 annual accounts
Martin MAHAUX
Manager
since 2013
Establishments
Establishment units
Physical locations of this company
Rue des Communes 22
1470 Genappe
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
- 0450.976.061
- VAT number
- BE 0450.976.061
- Registered office
- Rue des Communes 22, 1470 Genappe
- Names & denominations
- M.G.A.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 September 1993
- Peppol
- Active · Active since 10 Dec 2025
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