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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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Figures corrected NBB
Corrected annual account filed for 2022, 2023.
Financials
Financial year 2025
MGE from Genappe, company number BE0463927739, closed financial year 2025 with a result of € 8,254 after tax. For that financial year MGE recorded a gross margin of € 28,901 and equity of € 53,766. Compared with financial year 2024, the result moved from € 6,350 to € 8,254. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 21, 2026.
€ 53,766
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,254
▲ 30% vs 2024
Profit after tax over the fiscal year.
€ 59,387
▲ 88% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 833 paid out
10 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 7,223
▼ 30% 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.
€ 145,346
▲ 155% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,705
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 31,763 | € 33,379 | € 18,022 | € 28,901 | ▲ 60% |
| Profit after taxes | € 10,384 | € 2,663 | € 6,350 | € 8,254 | ▲ 30% |
| Equity | € 38,965 | € 40,828 | € 46,345 | € 53,766 | ▲ 16% |
| Total debts | € 75,523 | € 129,704 | € 111,492 | € 205,248 | ▲ 84% |
| Cash | € 27,609 | € 65,247 | € 31,517 | € 59,387 | ▲ 88% |
| Retained profit | € 20,373 | € 22,236 | € 27,753 | € 35,174 | ▲ 27% |
| Dividend | € 800 | € 800 | € 833 | € 833 | |
| Balance sheet total | € 114,487 | € 170,532 | € 157,837 | € 259,014 | ▲ 64% |
Key figures of MGE, 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 MGE?
What happened at MGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8,254 (▲ 30% vs 2024). filed late Source: NBB ↗
- New establishment in Genappe. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,384 profit in 2022 to € 8,254 profit in 2025.
Paid € 54,004 in corporate taxes since 2022.
Best year ever: 2022, with € 10,384 profit.
Paid out € 3,266 in dividends to the owners in total.
Management
Behind MGE is Marc Noël. Marc Noël is also behind WOODROW.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Chaussée de Nivelles 6D/8
1472 Genappe
Chaussée de Nivelles 6D box 8
1472 Genappe
Active since 8 April 1999
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0463.927.739
- VAT number
- BE 0463.927.739
- Registered office
- Chaussée de Nivelles 6D/8, 1472 Genappe
- Names & denominations
- MGE · M.G.E.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 August 1998
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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