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 2 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
MGM & CO from Mons, company number BE0502439511, closed financial year 2023 with a result of € -5,802 after tax. For that financial year MGM & CO recorded a gross margin of € 1,673 and equity of € -16,225. Compared with financial year 2022, the result moved from € -11,377 to € -5,802. 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 10, 2024.
€ -16,225
▼ € 5,802 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,802
▲ 49 % less loss than in 2022
Profit after tax over the fiscal year.
€ 1,417
▲ € 1,374 vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -34,825.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 29,711
▲ 163% vs 2022
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 35,537 | € -4,222 | € 1,673 | ▲ € 5,895 |
| Profit after taxes | € 31,109 | € -11,377 | € -5,802 | ▲ € 5,575 |
| Equity | € 954 | € -10,423 | € -16,225 | ▼ € 5,802 |
| Total debts | € 162,897 | € 63,428 | € 78,273 | ▲ 23% |
| Cash | € 5,477 | € 43 | € 1,417 | ▲ € 1,374 |
| Retained profit | € -17,646 | € -29,023 | € -34,825 | ▼ € 5,802 |
| Balance sheet total | € 163,851 | € 53,005 | € 62,048 | ▲ 17% |
Key figures of MGM & CO, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to MGM & CO?
What happened at MGM & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
MGM & CO is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 5,802. Source: NBB ↗
- Mattéo Trotta became a director. NBB
- New establishment in Mons. KBO
- Start of the company according to the CBE. KBO
In short
From € 31,109 profit in 2021 to € 5,802 loss in 2023.
Best year ever: 2021, with € 31,109 profit.
Management
Behind MGM & CO is Mattéo Trotta. Mattéo Trotta is also behind CHARLETOIT and MAT-IMMO.
Directors
According to the 2023 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Boulevard André Delvaux 1
7000 Mons
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
- 0502.439.511
- VAT number
- BE 0502.439.511
- Registered office
- Boulevard André Delvaux 1, 7000 Mons
- Names & denominations
- MGM & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 14 January 2013
- Peppol
- Not registered
- Activities · NACE
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