What is the address of MG&R?

The registered office of MG&R is located at Tiensesteenweg 66, 3001 Leuven.

Is MG&R still active?

Yes. According to the CBE (1 October 2026) MG&R is active, legal situation “Normale toestand”, started on 16 July 2013.

Is MG&R registered on Peppol?

Yes, MG&R is registered on the Peppol network with ID 0208:0536861247.

What is the enterprise number of MG&R?

The enterprise number of MG&R is BE0536861247.

When was MG&R founded?

MG&R was founded on 16 July 2013.

Who are the directors of MG&R?

According to the 2025 annual accounts, the directors of MG&R are: Michel Gelders.

Is MG&R a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 16 July 2013; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MG&R make in 2025?

MG&R recorded a loss after taxes of € 14,679 in financial year 2025.

What is the revenue of MG&R?

As a small company, MG&R is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -8,804.

MG&R (Private Limited) - Leuven - BE0536861247

Q: What does MG&R do?

MG&R is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 16 July 2013, 1 establishment.

Dossier MG&R, printed on 1 October 2026 from databakkes.be/en/0536861247/mg-r. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MG&R from Leuven, company number BE0536861247, closed financial year 2025 with a result of € -14,679 after tax. For that financial year MG&R recorded a gross margin of € -8,804 and equity of € 28,528. Compared with financial year 2024, the result moved from € 58,327 to € -14,679. The company made a loss. 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 January 29, 2026.

What it is worth Healthy

€ 28,528

▼ 34% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -14,679

▼ still € 58,327 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 50,841

▼ 67% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 7,628.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 374

▼ 92% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 407

▼ 42% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 179

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 112,265 Gross margin 2022: € 112,265 First fiscal year in the series	€ 157,869 Gross margin 2023: € 157,869 ▲ 41% vs 2022 (€ 112,265) Favourable step	€ 93,716 Gross margin 2024: € 93,716 ▼ 41% vs 2023 (€ 157,869) Unfavourable step	€ -8,804 Gross margin 2025: € -8,804 ▼ € 102,520 vs 2024 (€ 93,716) Unfavourable step	▼ € 102,520
Profit after taxes	€ 84,998 Profit after taxes 2022: € 84,998 First fiscal year in the series	€ 117,271 Profit after taxes 2023: € 117,271 ▲ 38% vs 2022 (€ 84,998) Favourable step	€ 58,327 Profit after taxes 2024: € 58,327 ▼ 50% vs 2023 (€ 117,271) Unfavourable step	€ -14,679 Profit after taxes 2025: € -14,679 ▼ € 73,007 vs 2024 (€ 58,327) Unfavourable step	▼ € 73,007
Equity	€ 21,138 Equity 2022: € 21,138 First fiscal year in the series	€ 114,880 Equity 2023: € 114,880 ▲ € 93,742 vs 2022 (€ 21,138) Favourable step	€ 43,207 Equity 2024: € 43,207 ▼ 62% vs 2023 (€ 114,880) Unfavourable step	€ 28,528 Equity 2025: € 28,528 ▼ 34% vs 2024 (€ 43,207) Unfavourable step	▼ 34%
Total debts	€ 136,563 Total debts 2022: € 136,563 First fiscal year in the series	€ 74,067 Total debts 2023: € 74,067 ▼ 46% vs 2022 (€ 136,563) Favourable step	€ 131,675 Total debts 2024: € 131,675 ▲ 78% vs 2023 (€ 74,067) Unfavourable step	€ 26,360 Total debts 2025: € 26,360 ▼ 80% vs 2024 (€ 131,675) Favourable step	▼ 80%
Cash	€ 93,084 Cash 2022: € 93,084 First fiscal year in the series	€ 140,936 Cash 2023: € 140,936 ▲ 51% vs 2022 (€ 93,084) Favourable step	€ 152,089 Cash 2024: € 152,089 ▲ 8% vs 2023 (€ 140,936) Favourable step	€ 50,841 Cash 2025: € 50,841 ▼ 67% vs 2024 (€ 152,089) Unfavourable step	▼ 67%
Retained profit	€ 238 Retained profit 2022: € 238 First fiscal year in the series	€ 93,980 Retained profit 2023: € 93,980 ▲ € 93,742 vs 2022 (€ 238) Favourable step	€ 22,307 Retained profit 2024: € 22,307 ▼ 76% vs 2023 (€ 93,980) Unfavourable step	€ 7,628 Retained profit 2025: € 7,628 ▼ 66% vs 2024 (€ 22,307) Unfavourable step	▼ 66%
Dividend	€ 184,498 Dividend 2022: € 184,498 First fiscal year in the series	€ 23,529 Dividend 2023: € 23,529 ▼ 87% vs 2022 (€ 184,498) Unchanged	€ 130,000 Dividend 2024: € 130,000 ▲ € 106,471 vs 2023 (€ 23,529) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 130,000) Unchanged	▼ 100%
Balance sheet total	€ 157,701 Balance sheet total 2022: € 157,701 First fiscal year in the series	€ 188,946 Balance sheet total 2023: € 188,946 ▲ 20% vs 2022 (€ 157,701) Unchanged	€ 174,882 Balance sheet total 2024: € 174,882 ▼ 7% vs 2023 (€ 188,946) Unchanged	€ 54,888 Balance sheet total 2025: € 54,888 ▼ 69% vs 2024 (€ 174,882) Unchanged	▼ 69%

Key figures of MG&R, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to MG&R?

What happened at MG&R in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jan 29, 2026 New annual accounts for financial year 2025: loss of € 14,679 (▼ € 73,007 vs 2024). Source: NBB ↗
Jul 18, 2013 New establishment in Leuven. KBO
2013 Michel Gelders became a director. NBB
Jul 16, 2013 Start of the company according to the CBE. KBO

In short

From € 84,998 profit in 2022 to € 14,679 loss in 2025.

Paid € 88,957 in corporate taxes since 2022.

Best year ever: 2023, with € 117,271 profit.

Paid out € 338,027 in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at MG&R? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Michel Gelders

MG&R

Behind MG&R is Michel Gelders.

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Directors

According to the 2025 annual accounts

Michel Gelders

Director

since 2013

Establishments

Establishment units

Physical locations of this company

Registered office

Tiensesteenweg 66

3001 Leuven

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0536.861.247

VAT number

BE 0536.861.247

Registered office

Tiensesteenweg 66, 3001 Leuven

Names & denominations

MG&R

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

16 July 2013

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

MG&R

Financials

What happened to MG&R?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions