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 41 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
MVG OFFICE from Nazareth-De Pinte, company number BE0461059410, closed financial year 2026 with a result of € -4,301 after tax. For that financial year MVG OFFICE recorded a gross margin of € 25,741 and equity of € 993,134. Compared with financial year 2025, the result moved from € 56,575 to € -4,301. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 19, 2026.
€ 993,134
▼ 24% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,301
▼ still € 56,575 profit in 2025
Profit after tax over the fiscal year.
€ 384,609
▲ 51% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 509,934.
People and assets in 2026
€ 1,380
▼ 68% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 113,352
▼ 25% vs 2025
€ 22,688 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 10,896
▲ 11% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 20,122
▲ 130% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 61,797 | € -5,821 | € 69,331 | € 25,741 | ▼ 63% |
| Profit after taxes | € 82,259 | € 291,619 | € 56,575 | € -4,301 | ▼ € 60,876 |
| Equity | € 993,451 | € 1,250,070 | € 1,306,645 | € 993,134 | ▼ 24% |
| Total debts | € 1,262,622 | € 1,321,492 | € 1,282,588 | € 1,589,627 | ▲ 24% |
| Cash | € 91,226 | € 624,799 | € 254,095 | € 384,609 | ▲ 51% |
| Land & buildings | € 550,136 | € 285,896 | € 269,375 | € 252,855 | ▼ 6% |
| Retained profit | € 510,251 | € 766,870 | € 823,445 | € 509,934 | ▼ 38% |
| Dividend | € 0 | € 35,000 | € 0 | € 309,210 | |
| Bank debt | € 356,658 | € 300,645 | € 150,818 | € 113,352 | ▼ 25% |
| Balance sheet total | € 2,296,609 | € 2,593,352 | € 2,611,023 | € 2,582,761 | ▼ 1% |
Key figures of MVG OFFICE, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to MVG OFFICE?
What happened at MVG OFFICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 4,301 (▼ € 60,876 vs 2025). Source: NBB ↗
- Peter Maes became a director. NBB
- New establishment in Nazareth-De Pinte. KBO
- Start of the company according to the CBE. KBO
In short
From € 82,259 profit in 2023 to € 4,301 loss in 2026.
Paid € 78,382 in corporate taxes since 2023.
Best year ever: 2024, with € 291,619 profit.
Paid out € 344,210 in dividends to the owners in total.
Management
Behind MVG OFFICE is Peter Maes. It owns 20% of SolarAcces Energy Netherlands, 20% of Smile Energy 8, 20% of SolarAccess Projects Holding and 10.6% of Solar Pulse VIII itself.
Directors
According to the 2026 annual accounts
Peter Maes
Manager
since 2005
Establishments
Establishment units
Physical locations of this company
Leegzakstraat 25
9810 Nazareth-De Pinte
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.059.410
- VAT number
- BE 0461.059.410
- Registered office
- Leegzakstraat 25, 9810 Nazareth-De Pinte
- Names & denominations
- MVG OFFICE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 July 1997
- Peppol
- Active · Active since 19 Jan 2026
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen