Financials
Financial year 2025
MGG-TEC from Wervik, company number BE0667525888, closed financial year 2025 with a result of € 212,546 after tax. For that financial year MGG-TEC recorded a gross margin of € 308,939 and equity of € 217,157. Compared with financial year 2024, the result moved from € 39,234 to € 212,546. 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 February 2, 2026.
€ 217,157
▼ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 212,546
▲ € 173,312 vs 2024
Profit after tax over the fiscal year.
€ 146,153
▲ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
94 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 165,000
▼ 11% vs 2024
€ 20,000 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 5,607
▼ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,365
▲ € 1,101 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 5,879 | € 148,575 | € 86,339 | € 308,939 | ▲ 258% |
| Profit after taxes | € -18,999 | € 82,449 | € 39,234 | € 212,546 | ▲ € 173,312 |
| Equity | € 219,428 | € 261,877 | € 301,111 | € 217,157 | ▼ 28% |
| Total debts | € 634,659 | € 888,988 | € 305,808 | € 177,002 | ▼ 42% |
| Cash | € 30,779 | € 17,062 | € 84,946 | € 146,153 | ▲ 72% |
| Land & buildings | € 256,806 | € 240,400 | € 223,994 | € 207,587 | ▼ 7% |
| Retained profit | € 200,828 | € 243,277 | € 282,511 | € 198,557 | ▼ 30% |
| Dividend | € 0 | € 40,000 | € 0 | € 200,000 | |
| Bank debt | € 303,105 | € 205,079 | € 186,231 | € 165,000 | ▼ 11% |
| Balance sheet total | € 854,087 | € 1,150,865 | € 606,919 | € 394,159 | ▼ 35% |
Key figures of MGG-TEC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MGG-TEC?
What happened at MGG-TEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 212,546 (▲ € 173,312 vs 2024). filed late Source: NBB ↗
- New establishment in Wervik. KBO
- New establishment in Wervik. KBO
- Start of the company according to the CBE. KBO
- Jan VANDERPLANCKE became a director. NBB
- Dieter GOTELAERE became a director. NBB
In short
From € 18,999 loss in 2022 to € 212,546 profit in 2025.
Paid € 110,427 in corporate taxes since 2022.
Best year ever: 2025, with € 212,546 profit.
Paid out € 240,000 in dividends to the owners in total.
Management
Behind MGG-TEC are Jan VANDERPLANCKE and Dieter GOTELAERE. Jan VANDERPLANCKE is also behind WINDOUT, M2L@HOME, D & V MONTAGE and VITELO. Dieter GOTELAERE is also behind EDA.
Directors
According to the 2025 annual accounts
since 2016
since 2016
Establishments
Establishment units
Physical locations of this company
Menensesteenweg 262 box B
8940 Wervik
Menensesteenweg 262B
8940 Wervik
Active since 7 December 2016
Brugstraat 3
8940 Wervik
Active since 4 January 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0667.525.888
- VAT number
- BE 0667.525.888
- Registered office
- Menensesteenweg 262 bus B, 8940 Wervik
- Names & denominations
- MGG-TEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 2016
- Peppol
- Active · Active since 10 Oct 2025
- Activities · NACE
Schrijnwerk
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