Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
MGRQ - INVEST from Mouscron, company number BE0462862026, closed financial year 2026 with a result of € 44,513 after tax. For that financial year MGRQ - INVEST recorded a gross margin of € 273,983 and equity of € 1.2 million. Compared with financial year 2025, the result moved from € 26,935 to € 44,513. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2026.
€ 1.2 million
▲ 4% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 44,513
▲ 65% vs 2025
Profit after tax over the fiscal year.
€ 7,225
▲ 260% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 1,666 paid out
4 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
2
Average over the fiscal year, from the social balance sheet.
€ 152,367
▲ 3% vs 2025
€ 76,200 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.
€ 1,349
▼ 52% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 395,930
▼ 19% vs 2025
€ 79,325 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 2,565
▲ 60% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 51,127
▼ 21% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 144,425 | € 183,685 | € 269,951 | € 273,983 | ▲ 1% |
| Profit after taxes | € -40,716 | € 47,602 | € 26,935 | € 44,513 | ▲ 65% |
| Equity | € 1,264,078 | € 1,311,681 | € 1,117,049 | € 1,159,897 | ▲ 4% |
| Total debts | € 722,612 | € 623,939 | € 645,836 | € 525,703 | ▼ 19% |
| Cash | € 5,961 | € 5,858 | € 2,008 | € 7,225 | ▲ 260% |
| Land & buildings | € 693,732 | € 655,177 | € 620,810 | € 588,984 | ▼ 5% |
| Retained profit | € 533,270 | € 580,872 | € 386,241 | € 429,088 | ▲ 11% |
| Dividend | € 0 | € 0 | € 221,566 | € 1,666 | ▼ 99% |
| Bank debt | € 662,513 | € 565,222 | € 490,203 | € 395,930 | ▼ 19% |
| Balance sheet total | € 1,990,793 | € 1,939,070 | € 1,765,683 | € 1,687,744 | ▼ 4% |
| Employees (FTE) | 1 | 1.1 | 2 | 2 |
Key figures of MGRQ - INVEST, 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 MGRQ - INVEST?
What happened at MGRQ - INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sylvie Dujardin stepped down as director. NBB
- Christian Facon stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 44,513 (▲ 65% vs 2025). Source: NBB ↗
- Sylvie Dujardin became a director. NBB
- Christian Facon became a director. NBB
- New establishment in Mouscron. KBO
- Start of the company according to the CBE. KBO
In short
From € 40,716 loss in 2023 to € 44,513 profit in 2026.
Paid € 42,717 in corporate taxes since 2023.
Best year ever: 2024, with € 47,602 profit.
On average € 137,000 of value added per employee in 2026.
Management
It owns 99.5% of Horeca Distribution and 93.8% of Facon Brouwerij itself.
Directors
According to the 2026 annual accounts
Sylvie Dujardin
Director
since 2022 · until 2028
Christian Facon
Managing director
Also active at: ETABLISSEMENTS GORTS FRERES, BROUWERIJ FACON, ImmoHetDamberd - ImmoLeDamier, HORECA DISTRIBUTION
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Menenstraat 117
7700 Mouscron
Brouwersstraat 44
7700 Mouscron
Active since 14 April 1998
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0462.862.026
- VAT number
- BE 0462.862.026
- Registered office
- Menenstraat 117, 7700 Mouscron
- Names & denominations
- MGRQ - INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 March 1998
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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