Financials
Financial year 2025
MG SPORT MANAGEMENT from Waregem, company number BE0548669315, closed financial year 2025 with a result of € 16,860 after tax. For that financial year MG SPORT MANAGEMENT recorded a gross margin of € 24,213 and equity of € 9,720. Compared with financial year 2024, the result moved from € 13,241 to € 16,860. Profitable, and profit is growing. 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 July 30, 2026.
€ 9,720
▼ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,860
▲ 27% vs 2024
Profit after tax over the fiscal year.
€ 6,317
▼ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 20,450 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 2,454
▼ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 119
▼ 88% vs 2024
Loans from banks and other lenders, long and short.
€ 58
▼ 91% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 11,311 | € 7,275 | € 20,355 | € 24,213 | ▲ 19% |
| Profit after taxes | € 9,095 | € 4,185 | € 13,241 | € 16,860 | ▲ 27% |
| Equity | € 20,115 | € 24,301 | € 13,310 | € 9,720 | ▼ 27% |
| Total debts | € 4,355 | € 2,349 | € 5,091 | € 7,044 | ▲ 38% |
| Cash | € 9,237 | € 10,267 | € 10,305 | € 6,317 | ▼ 39% |
| Retained profit | € 13,915 | € 18,101 | € 3,630 | € 40 | ▼ 99% |
| Dividend | € 0 | € 0 | € 27,712 | € 20,450 | ▼ 26% |
| Bank debt | € 174 | € 40 | € 963 | € 119 | ▼ 88% |
| Balance sheet total | € 24,470 | € 26,649 | € 18,401 | € 16,764 | ▼ 9% |
Key figures of MG SPORT MANAGEMENT, 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 SPORT MANAGEMENT?
What happened at MG SPORT MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,860 (▲ 27% vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- ALEXANDER JOUVIKIN became a director. NBB
- GENNADY MIKHAYLOV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 9,095 profit in 2022 to € 16,860 profit in 2025.
Paid € 12,927 in corporate taxes since 2022.
Best year ever: 2025, with € 16,860 profit.
Paid out € 48,162 in dividends to the owners in total.
A new publication or filing at MG SPORT MANAGEMENT? 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
Behind MG SPORT MANAGEMENT are ALEXANDER JOUVIKIN and GENNADY MIKHAYLOV. ALEXANDER JOUVIKIN is also behind haha?! and FOUR BY FIVE.
Directors
According to the 2025 annual accounts
since 2014
GENNADY MIKHAYLOV
Director
since 2014
Establishments
Establishment units
Physical locations of this company
Lindetuin 52
8793 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0548.669.315
- VAT number
- BE 0548.669.315
- Registered office
- Lindetuin 52, 8793 Waregem
- Names & denominations
- MG SPORT MANAGEMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 March 2014
- Peppol
- Active · Active since 25 Feb 2026
- Activities · NACE
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