Financials
Financial year 2025
MGB-TECH from Dendermonde, company number BE0475953165, closed financial year 2025 with a result of € 618,517 after tax. For that financial year MGB-TECH recorded a gross margin of € 1.8 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 686,002 to € 618,517. The company is profitable. 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 July 3, 2026.
€ 1.7 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 618,517
▼ 10% vs 2024
Profit after tax over the fiscal year.
€ 584,367
▼ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 400,000 paid out
65 % of the profit went to the shareholders, mostly to LINXES (80 % of the shares). That is where the money ends up.
People and assets in 2025
11.4
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 907,119
▲ 4% vs 2024
€ 79,600 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.
€ 190,119
▲ 31% 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.
€ 511,271
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 271,806
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,859,357 | € 1,647,181 | € 1,837,363 | € 1,761,365 | ▼ 4% |
| Profit after taxes | € 1,101,607 | € 721,065 | € 686,002 | € 618,517 | ▼ 10% |
| Equity | € 1,265,490 | € 1,385,809 | € 1,594,589 | € 1,665,865 | ▲ 4% |
| Total debts | € 1,119,429 | € 866,902 | € 1,511,294 | € 1,340,481 | ▼ 11% |
| Cash | € 881,428 | € 546,332 | € 863,612 | € 584,367 | ▼ 32% |
| Retained profit | € 1,240,690 | € 1,361,009 | € 1,569,789 | € 1,641,065 | ▲ 5% |
| Dividend | € 800,000 | € 500,000 | € 300,000 | € 400,000 | ▲ 33% |
| Balance sheet total | € 2,384,919 | € 2,252,711 | € 3,105,882 | € 3,006,346 | ▼ 3% |
| Employees (FTE) | 8.4 | 10.7 | 11.6 | 11.4 | ▼ 0.2 |
Key figures of MGB-TECH, 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 MGB-TECH?
What happened at MGB-TECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 618,517 (▼ 10% vs 2024). Source: NBB ↗
- Linxes became a director. NBB
- New establishment in Dendermonde. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.1 million profit in 2022 to € 618,517 profit in 2025.
Paid € 546,149 in corporate taxes since 2022.
Best year ever: 2022, with € 1.1 million profit.
On average € 154,500 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
The stake of LINXES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MGB-TECHBehind MGB-TECH is Linxes. The shares are held by LINXES (80%).
Establishments
Establishment units
Physical locations of this company
Sint-Ursmarusstraat (BAA) 180
9200 Dendermonde
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
- 0475.953.165
- VAT number
- BE 0475.953.165
- Registered office
- Sint-Ursmarusstraat (BAA) 180, 9200 Dendermonde
- Names & denominations
- MGB-TECH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 October 2001
- Peppol
- Active · Active since 1 Oct 2025
- Activities · NACE
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