What does MGV PROJECTS do?

MGV PROJECTS is a cleaning company in Ieper. Private Limited, started on 20 November 2015, 1 establishment.

What is the address of MGV PROJECTS?

The registered office of MGV PROJECTS is located at Augustijnenstraat 27 box 1A, 8900 Ieper.

Is MGV PROJECTS still active?

Yes. According to the CBE (18 September 2026) MGV PROJECTS is active, legal situation “Normale toestand”, started on 20 November 2015.

Is MGV PROJECTS registered on Peppol?

Yes, MGV PROJECTS is registered on the Peppol network with ID 0208:0643497802.

What is the enterprise number of MGV PROJECTS?

The enterprise number of MGV PROJECTS is BE0643497802.

When was MGV PROJECTS founded?

MGV PROJECTS was founded on 20 November 2015.

Who are the directors of MGV PROJECTS?

According to the 2025 annual accounts, the directors of MGV PROJECTS are: Gregory Verfaillie.

Is MGV PROJECTS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 November 2015; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MGV PROJECTS make in 2025?

MGV PROJECTS posted a profit after taxes of € 18,644 in financial year 2025.

What is the revenue of MGV PROJECTS?

As a small company, MGV PROJECTS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 93,375.

MGV PROJECTS (Private Limited) - Ieper - BE0643497802

Dossier MGV PROJECTS, printed on 18 September 2026 from databakkes.be/en/0643497802/mgv-projects. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MGV PROJECTS from Ieper, company number BE0643497802, closed financial year 2025 with a result of € 18,644 after tax. For that financial year MGV PROJECTS recorded a gross margin of € 93,375 and equity of € 188,320. Compared with financial year 2024, the result moved from € 17,709 to € 18,644. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 2, 2026.

What it is worth Growing

€ 188,320

▲ 11% vs 2024

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

Profit Growing

€ 18,644

▲ 5% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 12,954

▲ 41% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 182,120.

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.

Wage cost

€ 43,130

▲ 5% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 59,911

▲ 131% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 83,294

▲ 72% vs 2024

€ 26,917 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 5,762

▼ 79% vs 2024

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

Taxes and wages

€ 1,689

▼ 24% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 74,413 Gross margin 2022: € 74,413 First fiscal year in the series	€ 85,640 Gross margin 2023: € 85,640 ▲ 15% vs 2022 (€ 74,413) Favourable step	€ 89,349 Gross margin 2024: € 89,349 ▲ 4% vs 2023 (€ 85,640) Favourable step	€ 93,375 Gross margin 2025: € 93,375 ▲ 5% vs 2024 (€ 89,349) Favourable step	▲ 5%
Profit after taxes	€ 35,198 Profit after taxes 2022: € 35,198 First fiscal year in the series	€ 17,808 Profit after taxes 2023: € 17,808 ▼ 49% vs 2022 (€ 35,198) Unfavourable step	€ 17,709 Profit after taxes 2024: € 17,709 ▼ 1% vs 2023 (€ 17,808) Unfavourable step	€ 18,644 Profit after taxes 2025: € 18,644 ▲ 5% vs 2024 (€ 17,709) Favourable step	▲ 5%
Equity	€ 134,159 Equity 2022: € 134,159 First fiscal year in the series	€ 151,967 Equity 2023: € 151,967 ▲ 13% vs 2022 (€ 134,159) Favourable step	€ 169,677 Equity 2024: € 169,677 ▲ 12% vs 2023 (€ 151,967) Favourable step	€ 188,320 Equity 2025: € 188,320 ▲ 11% vs 2024 (€ 169,677) Favourable step	▲ 11%
Total debts	€ 81,513 Total debts 2022: € 81,513 First fiscal year in the series	€ 89,847 Total debts 2023: € 89,847 ▲ 10% vs 2022 (€ 81,513) Unfavourable step	€ 85,723 Total debts 2024: € 85,723 ▼ 5% vs 2023 (€ 89,847) Favourable step	€ 99,359 Total debts 2025: € 99,359 ▲ 16% vs 2024 (€ 85,723) Unfavourable step	▲ 16%
Cash	€ 38,449 Cash 2022: € 38,449 First fiscal year in the series	€ 23,862 Cash 2023: € 23,862 ▼ 38% vs 2022 (€ 38,449) Unfavourable step	€ 9,166 Cash 2024: € 9,166 ▼ 62% vs 2023 (€ 23,862) Unfavourable step	€ 12,954 Cash 2025: € 12,954 ▲ 41% vs 2024 (€ 9,166) Favourable step	▲ 41%
Retained profit	€ 127,959 Retained profit 2022: € 127,959 First fiscal year in the series	€ 145,767 Retained profit 2023: € 145,767 ▲ 14% vs 2022 (€ 127,959) Favourable step	€ 163,477 Retained profit 2024: € 163,477 ▲ 12% vs 2023 (€ 145,767) Favourable step	€ 182,120 Retained profit 2025: € 182,120 ▲ 11% vs 2024 (€ 163,477) Favourable step	▲ 11%
Bank debt	€ 66,824 Bank debt 2022: € 66,824 First fiscal year in the series	€ 72,848 Bank debt 2023: € 72,848 ▲ 9% vs 2022 (€ 66,824) Unfavourable step	€ 48,456 Bank debt 2024: € 48,456 ▼ 33% vs 2023 (€ 72,848) Favourable step	€ 83,294 Bank debt 2025: € 83,294 ▲ 72% vs 2024 (€ 48,456) Unfavourable step	▲ 72%
Balance sheet total	€ 215,672 Balance sheet total 2022: € 215,672 First fiscal year in the series	€ 241,814 Balance sheet total 2023: € 241,814 ▲ 12% vs 2022 (€ 215,672) Unchanged	€ 255,400 Balance sheet total 2024: € 255,400 ▲ 6% vs 2023 (€ 241,814) Unchanged	€ 287,680 Balance sheet total 2025: € 287,680 ▲ 13% vs 2024 (€ 255,400) Unchanged	▲ 13%

Key figures of MGV PROJECTS, 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 MGV PROJECTS?

What happened at MGV PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 2, 2026 New annual accounts for financial year 2025: profit of € 18,644 (▲ 5% vs 2024). filed late Source: NBB ↗
Nov 20, 2015 New establishment in Ieper. KBO
Nov 20, 2015 Start of the company according to the CBE. KBO

In short

From € 35,198 profit in 2022 to € 18,644 profit in 2025.

Paid € 25,444 in corporate taxes since 2022.

Best year ever: 2022, with € 35,198 profit.

Original PDFs at the National Bank ↗

A new publication or filing at MGV PROJECTS? 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

Gregory Verfaillie

MGV PROJECTS

Behind MGV PROJECTS is Gregory Verfaillie.

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Directors

According to the 2025 annual accounts

Gregory Verfaillie

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Augustijnenstraat 27 box 1A

8900 Ieper

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

Details

Company number: 0643.497.802
VAT number: BE 0643.497.802
Registered office: Augustijnenstraat 27 bus 1A, 8900 Ieper
Names & denominations: MGV PROJECTS
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 20 November 2015
Peppol: Active · Active since 31 Oct 2023
Activities · NACE: Algemene reiniging van gebouwen

View on CBE Public ↗ Annual accounts (NBB) ↗