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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MGC from Liège, company number BE0463366822, closed financial year 2025 with a result of € -227 after tax. For that financial year MGC recorded a gross margin of € -1,706 and equity of € -41,596. Compared with financial year 2024, the result moved from € 447 to € -227. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -41,596
▼ € 227 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -227
▼ still € 447 profit in 2024
Profit after tax over the fiscal year.
€ 1,009
▲ € 1,005 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -60,188.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 764
▼ 89% 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 | € -841 | € -350 | € 500 | € -1,706 | ▼ € 2,207 |
| Profit after taxes | € -1,230 | € -621 | € 447 | € -227 | ▼ € 675 |
| Equity | € -41,195 | € -41,816 | € -41,368 | € -41,596 | ▼ € 227 |
| Total debts | € 60,500 | € 61,153 | € 41,738 | € 43,034 | ▲ 3% |
| Cash | - | - | € 5 | € 1,009 | ▲ € 1,005 |
| Retained profit | € -59,787 | € -60,408 | € -59,960 | € -60,188 | |
| Bank debt | € 63 | € 60 | € 0 | € 0 | |
| Balance sheet total | € 19,305 | € 19,337 | € 369 | € 1,438 | ▲ 290% |
Key figures of MGC, 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 MGC?
What happened at MGC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 227 (▼ € 675 vs 2024). filed late Source: NBB ↗
- New establishment in Liège. KBO
- Frédéric Dheur became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,230 loss in 2022 to € 227 loss in 2025.
Best year ever: 2024, with € 447 profit.
A new publication or filing at MGC? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
Frédéric Dheur
Manager
since 2000
Establishments
Establishment units
Physical locations of this company
Rue Naniot 249
4000 Liège
Rue du Charbonnage 1 F
4020 Liège
Active since 18 January 2001
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
- 0463.366.822
- VAT number
- BE 0463.366.822
- Registered office
- Rue Naniot 249, 4000 Liège
- Names & denominations
- MGC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 May 1998
- Peppol
- Not registered
- Activities · NACE
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