Financials
Financial year 2025
M.G.S. from Knokke-Heist, company number BE0473641003, closed financial year 2025 with a result of € 10,675 after tax. For that financial year M.G.S. recorded a gross margin of € 17,879 and equity of € 89,420. Compared with financial year 2024, the result moved from € 19,498 to € 10,675. 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 July 10, 2026.
€ 89,420
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,675
▼ 45% vs 2024
Profit after tax over the fiscal year.
€ 14,106
▲ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 30,675 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 424
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 41,140
▼ 18% 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 | € 92,859 | € 103,109 | € 26,829 | € 17,879 | ▼ 33% |
| Profit after taxes | € 73,478 | € 81,417 | € 19,498 | € 10,675 | ▼ 45% |
| Equity | € 156,505 | € 189,922 | € 109,420 | € 89,420 | ▼ 18% |
| Total debts | € 84,539 | € 50,407 | € 57,605 | € 57,017 | ▼ 1% |
| Cash | € 174,472 | € 5,980 | € 11,533 | € 14,106 | ▲ 22% |
| Retained profit | € 131,505 | € 188,922 | € 108,420 | € 88,420 | ▼ 18% |
| Dividend | € 12,440 | € 24,000 | € 100,000 | € 30,675 | ▼ 69% |
| Balance sheet total | € 241,043 | € 240,329 | € 167,025 | € 146,437 | ▼ 12% |
Key figures of M.G.S., 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 M.G.S.?
What happened at M.G.S. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,675 (▼ 45% vs 2024). Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 73,478 profit in 2022 to € 10,675 profit in 2025.
Paid € 53,191 in corporate taxes since 2022.
Best year ever: 2023, with € 81,417 profit.
Paid out € 167,115 in dividends to the owners in total.
A new publication or filing at M.G.S.? 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
Director · represented by MARCUS LOEFFEN
Establishments
Establishment units
Physical locations of this company
Felix Timmermansstraat 10
8301 Knokke-Heist
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
- 0473.641.003
- VAT number
- BE 0473.641.003
- Registered office
- Felix Timmermansstraat 10, 8301 Knokke-Heist
- Names & denominations
- M.G.S.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 2000
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
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