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 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MGC from Hasselt, company number BE0480054780, closed financial year 2024 with a result of € -17,368 after tax. For that financial year MGC recorded a gross margin of € 23,119 and equity of € -1,542. Compared with financial year 2023, the result moved from € -17,147 to € -17,368. 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 June 30, 2025.
€ -1,542
▼ € 17,368 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -17,368
▼ 1 % more loss than in 2023
Profit after tax over the fiscal year.
€ 1,069
▲ 246% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -26,542.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
€ 80,843
▼ 25% vs 2023
€ 24,664 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3,529
▲ € 2,932 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 3,293
▲ 97% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 35,835 | € 4,842 | € 14,224 | € 23,119 | ▲ 63% |
| Profit after taxes | € 10,738 | € -28,430 | € -17,147 | € -17,368 | ▼ € 221 |
| Equity | € 61,403 | € 32,973 | € 15,826 | € -1,542 | ▼ € 17,368 |
| Total debts | € 278,842 | € 286,797 | € 276,362 | € 192,462 | ▼ 30% |
| Cash | € 5 | € 264 | € 309 | € 1,069 | ▲ 246% |
| Land & buildings | € 211,102 | € 215,851 | € 192,483 | € 169,114 | ▼ 12% |
| Retained profit | € 36,403 | € 7,973 | € -9,174 | € -26,542 | ▼ € 17,368 |
| Bank debt | € 139,851 | € 133,469 | € 108,469 | € 80,843 | ▼ 25% |
| Balance sheet total | € 340,246 | € 319,770 | € 292,188 | € 190,920 | ▼ 35% |
Key figures of MGC, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
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 2024: loss of € 17,368. Source: NBB ↗
- New establishment in Hasselt. KBO
- Michel JANSSENS became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,738 profit in 2021 to € 17,368 loss in 2024.
Paid € 1,559 in corporate taxes since 2021.
Best year ever: 2021, with € 10,738 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 2024 annual accounts
Michel JANSSENS
Director
since 2009
Establishments
Establishment units
Physical locations of this company
Maastrichterstraat 97
3500 Hasselt
Capucienenstraat 23
3500 Hasselt
Active since 1 July 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0480.054.780
- VAT number
- BE 0480.054.780
- Registered office
- Maastrichterstraat 97, 3500 Hasselt
- Names & denominations
- MGC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 April 2003
- Peppol
- Active · Active since 13 Dec 2025
- Contact
- [email protected] 0477191502
- Activities · NACE
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