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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MG Home Concept from Namur, company number BE0543271957, closed financial year 2025 with a result of € -6,435 after tax. For that financial year MG Home Concept recorded a gross margin of € -2,598 and equity of € -13,635. Compared with financial year 2024, the result moved from € -919 to € -6,435. 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 August 25, 2026.
€ -13,635
▼ € 6,435 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,435
▼ 600 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -32,235.
People and assets in 2025
€ 26,743
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 200
Loans from banks and other lenders, long and short.
€ 16,924
▲ € 16,013 vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 16,901 | € 16,048 | € -715 | € -2,598 | ▼ € 1,883 |
| Profit after taxes | € 9,672 | € 8,388 | € -919 | € -6,435 | ▼ € 5,516 |
| Equity | € -14,669 | € -6,281 | € -7,200 | € -13,635 | ▼ € 6,435 |
| Total debts | € 23,212 | € 6,442 | € 7,900 | € 43,800 | ▲ € 35,900 |
| Cash | - | - | € 291 | - | |
| Retained profit | € -33,269 | € -24,881 | € -25,800 | € -32,235 | ▼ € 6,435 |
| Bank debt | € 12,491 | € 139 | € 0 | € 200 | |
| Balance sheet total | € 8,543 | € 161 | € 700 | € 30,165 | ▲ € 29,465 |
Key figures of MG Home Concept, 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 MG Home Concept?
What happened at MG Home Concept in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,435. filed late Source: NBB ↗
- New establishment in Namur. KBO
- New establishment in Namur. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,672 profit in 2022 to € 6,435 loss in 2025.
Best year ever: 2022, with € 9,672 profit.
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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
Establishments
Establishment units
Physical locations of this company
Rue Henri Linchet(FW) 26
5020 Namur
Rue du Pont 10
5000 Namur
Active since 10 July 2019
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
- 0543.271.957
- VAT number
- BE 0543.271.957
- Registered office
- Rue Henri Linchet(FW) 26, 5020 Namur
- Names & denominations
- MG Home Concept
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 2013
- Peppol
- Active · Active since 27 Feb 2026
- Activities · NACE
Kappers- en barbiersactiviteiten
Haarverzorging
Groothandel in behang, verf en woningtextiel
Interieurontwerp
Reparatie en onderhoud van meubelen en stoffering
Detailhandel in huishoudtextiel en beddengoed
Detailhandel in souvenirs en religieuze artikelen
Activiteiten van interieurdecorateurs
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