Financials
Financial year 2025
MG CONSTRUCT from Wuustwezel, company number BE0634645660, closed financial year 2025 with a result of € 217,842 after tax. For that financial year MG CONSTRUCT recorded a gross margin of € 431,265 and equity of € 133,575. Compared with financial year 2024, the result moved from € 350,530 to € 217,842. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on November 22, 2025.
€ 133,575
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 217,842
▼ 38% vs 2024
Profit after tax over the fiscal year.
€ 303,553
▲ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
92 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
1.4
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 81,567
▲ 39% vs 2024
€ 58,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 92,368
▼ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 60,565
▼ 32% vs 2024
€ 29,199 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 236,202
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,649
▼ 59% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 564,400 | € 643,000 | € 569,180 | € 431,265 | ▼ 24% |
| Profit after taxes | € 378,667 | € 416,292 | € 350,530 | € 217,842 | ▼ 38% |
| Equity | € 106,411 | € 112,703 | € 115,733 | € 133,575 | ▲ 15% |
| Total debts | € 764,234 | € 756,841 | € 752,395 | € 612,223 | ▼ 19% |
| Cash | € 368,354 | € 269,382 | € 230,224 | € 303,553 | ▲ 32% |
| Retained profit | € 87,811 | € 94,103 | € 97,133 | € 114,975 | ▲ 18% |
| Dividend | € 367,000 | € 410,000 | € 347,500 | € 200,000 | ▼ 42% |
| Bank debt | € 150,385 | € 117,830 | € 89,385 | € 60,565 | ▼ 32% |
| Balance sheet total | € 870,645 | € 869,544 | € 868,128 | € 745,798 | ▼ 14% |
| Employees (FTE) | 0.7 | 1 | 1 | 1.4 | ▲ 0.4 |
Key figures of MG CONSTRUCT, 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 October 2026.
What happened to MG CONSTRUCT?
What happened at MG CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 217,842 (▼ 38% vs 2024). filed late Source: NBB ↗
- New establishment in Wuustwezel. KBO
- Mathias Van Gils became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 378,667 profit in 2022 to € 217,842 profit in 2025.
Paid € 423,209 in corporate taxes since 2022.
Best year ever: 2023, with € 416,292 profit.
On average € 308,000 of value added per employee in 2025.
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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 CONSTRUCT are Mathias Van Gils and Geert Aerts.
Directors
According to the 2025 annual accounts
Mathias Van Gils
Director
since 2015
Geert Aerts
Director
Establishments
Establishment units
Physical locations of this company
Leemstraat 16
2990 Wuustwezel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0634.645.660
- VAT number
- BE 0634.645.660
- Registered office
- Leemstraat 16, 2990 Wuustwezel
- Names & denominations
- MG CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 July 2015
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
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