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 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MGRQ - INVEST from Mouscron, company number BE0462862026, closed financial year 2025 with a result of € 26,935 after tax. For that financial year MGRQ - INVEST recorded a gross margin of € 269,951 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 47,602 to € 26,935. The company is profitable. 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 24, 2025.
€ 1.1 million
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26,935
▼ 43% vs 2024
Profit after tax over the fiscal year.
€ 2,008
▼ 66% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 221,566 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
2
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 147,440
▲ 66% vs 2024
€ 73,700 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.
€ 2,805
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 490,203
▼ 13% vs 2024
€ 80,496 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 1,602
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 64,367
▲ 108% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 132,446 | € 144,425 | € 183,685 | € 269,951 | ▲ 47% |
| Profit after taxes | € -1,179 | € -40,716 | € 47,602 | € 26,935 | ▼ 43% |
| Equity | € 1,304,795 | € 1,264,078 | € 1,311,681 | € 1,117,049 | ▼ 15% |
| Total debts | € 538,699 | € 722,612 | € 623,939 | € 645,836 | ▲ 4% |
| Cash | € 8,663 | € 5,961 | € 5,858 | € 2,008 | ▼ 66% |
| Land & buildings | € 446,397 | € 693,732 | € 655,177 | € 620,810 | ▼ 5% |
| Retained profit | € 573,986 | € 533,270 | € 580,872 | € 386,241 | ▼ 34% |
| Dividend | € 1,600 | € 0 | € 0 | € 221,566 | |
| Bank debt | € 468,518 | € 662,513 | € 565,222 | € 490,203 | ▼ 13% |
| Balance sheet total | € 1,848,250 | € 1,990,793 | € 1,939,070 | € 1,765,683 | ▼ 9% |
| Employees (FTE) | 1 | 1 | 1.1 | 2 | ▲ 0.9 |
Key figures of MGRQ - INVEST, 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 October 2026.
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 2025: profit of € 26,935 (▼ 43% vs 2024). 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 € 1,179 loss in 2022 to € 26,935 profit in 2025.
Paid € 23,260 in corporate taxes since 2022.
Best year ever: 2024, with € 47,602 profit.
On average € 135,000 of value added per employee in 2025.
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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
It owns 99.5% of Horeca Distribution and 93.8% of Facon Brouwerij itself.
Directors
According to the 2025 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
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
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Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering