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 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
M&G Projects from Puurs-Sint-Amands, company number BE0476833786, closed financial year 2025 with a result of € 295,952 after tax. For that financial year M&G Projects recorded a gross margin of € 474,425 and equity of € 739,242. Compared with financial year 2024, the result moved from € -95,913 to € 295,952. Profitable, and profit is growing. 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 April 8, 2026.
€ 739,242
▲ 38% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 295,952
▲ still € 95,913 loss in 2024
Profit after tax over the fiscal year.
€ 111,761
▲ 104% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 93,700 paid out
32 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 35,675
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 340,864
▼ 21% vs 2024
€ 61,515 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 12,614
▼ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,455
▲ 30% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 509,997 | € 546,983 | € 131,133 | € 474,425 | ▲ 262% |
| Profit after taxes | € 172,118 | € 182,710 | € -95,913 | € 295,952 | ▲ € 391,865 |
| Equity | € 633,399 | € 808,109 | € 536,991 | € 739,242 | ▲ 38% |
| Total debts | € 639,480 | € 765,534 | € 848,976 | € 663,195 | ▼ 22% |
| Cash | € 229,851 | € 298,948 | € 54,652 | € 111,761 | ▲ 104% |
| Land & buildings | € 844,196 | € 1,025,728 | € 1,283,284 | € 1,348,772 | ▲ 5% |
| Retained profit | € 613,399 | € 788,109 | € 516,991 | € 719,242 | ▲ 39% |
| Dividend | € 47,795 | € 8,000 | € 175,205 | € 93,700 | ▼ 47% |
| Bank debt | € 520,915 | € 601,477 | € 431,293 | € 340,864 | ▼ 21% |
| Balance sheet total | € 1,309,690 | € 1,610,453 | € 1,422,778 | € 1,507,423 | ▲ 6% |
| Employees (FTE) | 3.3 | 2.9 | - | - |
Key figures of M&G Projects, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to M&G Projects?
What happened at M&G Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 295,952. Source: NBB ↗
- MARIE-CLAIRE VAN HEMELRIJK stepped down as director. NBB
- MARIE-CLAIRE VAN HEMELRIJK became a director. NBB
- GEERT CHRISTIAENS became a director. NBB
- New establishment in Puurs-Sint-Amands. KBO
- Start of the company according to the CBE. KBO
In short
From € 172,118 profit in 2021 to € 295,952 profit in 2025.
Paid € 158,175 in corporate taxes since 2021.
Best year ever: 2025, with € 295,952 profit.
On average € 188,600 of value added per employee in 2022.
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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
Behind M&G Projects is GEERT CHRISTIAENS.
Directors
According to the 2025 annual accounts
GEERT CHRISTIAENS
Director
since 2022
since 2023 · until 2025
Establishments
Establishment units
Physical locations of this company
Kerkhofdries 1 box 1
2890 Puurs-Sint-Amands
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
- 0476.833.786
- VAT number
- BE 0476.833.786
- Registered office
- Kerkhofdries 1 bus 1, 2890 Puurs-Sint-Amands
- Names & denominations
- M&G Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 March 2002
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
Plaatsen van vloer- en wandtegels
Groothandel in meubels, niet-elektrische huishoudapparaten en vloerbedekking inclusief tapijten
Gespecialiseerde detailhandel in behang, vloerbedekking, vloerkleden en tapijt
Groothandel in niet-elektrische huishoudelijke artikelen
Detailhandel in tapijten en andere vloerbedekking en wandbekleding