Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MGB - AUTOMATIC from Grâce-Hollogne, company number BE0460855710, closed financial year 2025 with a result of € -20,259 after tax. For that financial year MGB - AUTOMATIC recorded a gross margin of € 25,624 and equity of € 692,277. Compared with financial year 2024, the result moved from € -19,436 to € -20,259. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 692,277
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,259
▼ 4 % more loss than in 2024
Profit after tax over the fiscal year.
€ 6,910
▲ € 5,463 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 673,277.
People and assets in 2025
€ 954
▼ 90% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 475,656
▲ € 468,207 vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -6,220 | € 215,324 | € 2,534 | € 25,624 | ▲ € 23,090 |
| Profit after taxes | € -6,061 | € 255,695 | € -19,436 | € -20,259 | ▼ € 823 |
| Equity | € 476,277 | € 731,972 | € 712,536 | € 692,277 | ▼ 3% |
| Total debts | € 13,269 | € 71,811 | € 506,232 | € 1,412,032 | ▲ 179% |
| Cash | € 1,348 | € 433,046 | € 1,447 | € 6,910 | ▲ € 5,463 |
| Land & buildings | - | € 364,836 | € 1,205,380 | € 1,633,930 | ▲ 36% |
| Retained profit | € 457,277 | € 712,972 | € 693,536 | € 673,277 | ▼ 3% |
| Balance sheet total | € 489,546 | € 803,783 | € 1,218,768 | € 2,104,309 | ▲ 73% |
Key figures of MGB - AUTOMATIC, 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 MGB - AUTOMATIC?
What happened at MGB - AUTOMATIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 20,259. filed late Source: NBB ↗
- Maggy Geers became a director. NBB
- Georges Bortels became a director. NBB
- Serge Bortels became a director. NBB
- New establishment in Grâce-Hollogne. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,061 loss in 2022 to € 20,259 loss in 2025.
Best year ever: 2023, with € 255,695 profit.
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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
Management
Behind MGB - AUTOMATIC are Maggy Geers, Georges Bortels and Serge Bortels. Serge Bortels is also behind G.B.M..
Directors
According to the 2025 annual accounts
Maggy Geers
Director
since 2024
Georges Bortels
Managing director
since 2024
since 2024
Establishments
Establishment units
Physical locations of this company
Chaussée de Liège 211 box 31
4460 Grâce-Hollogne
Rue Diérains Prés 55
4460 Grâce-Hollogne
Active since 17 July 1997
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.855.710
- VAT number
- BE 0460.855.710
- Registered office
- Chaussée de Liège 211 bus 31, 4460 Grâce-Hollogne
- Names & denominations
- MGB - AUTOMATIC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 June 1997
- Peppol
- Active · Active since 19 Jan 2026
- Activities · NACE
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