Financials
Financial year 2025
Worth noting
- A loss two years in a row.
Gross margin
€ 285,064
▲ 1486% vs 2024
Profit
Caution€ -42,185
▲ 85% vs 2024
Debts
High€ 3.3 million
▼ 71% vs 2024
MG Retail from Gent, company number BE0643699918, closed financial year 2025 with a result of € -42,185 after tax. For that financial year MG Retail recorded a gross margin of € 285,064 and equity of € 147,626. Compared with financial year 2024, the result moved from € -282,568 to € -42,185. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
What happened at MG Retail?
What happened at MG Retail in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Mea Vota One stepped down as director. NBB
- Mg Re Investment stepped down as director. NBB
- Scs stepped down as director. NBB
- Prodit stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 42,185. Source: NBB ↗
- Mg Re Investment became a director. NBB
- Mea Vota One became a director. NBB
- Scs became a director. NBB
In short
From € 10,333 loss in 2021 to € 42,185 loss in 2025.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
The shares are held by Mg Re Invest S.A. (100%) and MG Real Estate NV (0%).
Directors
According to the 2025 annual accounts
Director · represented by Anja Tackaert
Also active at: MG CITY STATION, Maple Land, Celtis Julianae +41 more
since 2022 · until 2028
Managing director · represented by Ignace De Paepe
Also active at: MG CITY STATION, PAULOWNIA, STASIMO +53 more
since 2024 · until 2028
Director · represented by Stacey Smits
Also active at: MG CITY STATION, Maple Land, Celtis Julianae +43 more
since 2022 · until 2028
Director · represented by Ignace Tytgat
Also active at: MG CITY STATION, STASIMO, Maple Land +47 more
since 2022 · until 2028
Shareholders
Mg Re Invest S.A.
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Esplanade Oscar Van de Voorde 1
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 80 companies are registered at this address.
VDL-INTERASS
€ 2.8 million gross margin · 2025
MG CITY STATION same network
€ 27,077 gross margin · 2025
PAULOWNIA same network
€ 2.7 million gross margin · 2025
STASIMO same network
€ -16,816 gross margin · 2025
NEVIMO
€ 2.8 million gross margin · 2025
+75 more
Details
- Company number
- 0643.699.918
- VAT number
- BE 0643.699.918
- Registered office
- Esplanade Oscar Van de Voorde 1, 9000 Gent
- Names & denominations
- MG Retail
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 November 2015
- Peppol
- Active · Active since 26 Aug 2025
- Activities · NACE
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