Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
MGV Wines & Spirit from Braine-le-Château, company number BE0674718241, closed financial year 2025 with a result of € -19,986 after tax. For that financial year MGV Wines & Spirit recorded a gross margin of € 55,717 and equity of € -5,978. Compared with financial year 2024, the result moved from € -2,166 to € -19,986. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 4, 2025.
€ -5,978
▼ € 19,986 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,986
▼ 823 % more loss than in 2024
Profit after tax over the fiscal year.
€ 209
▼ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -24,578.
People and assets in 2025
€ 75,298
▲ 93% 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,188
▲ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,964
▲ 73% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,522 | € 25,546 | € 37,301 | € 55,717 | ▲ 49% |
| Profit after taxes | € -1,898 | € 3,267 | € -2,166 | € -19,986 | ▼ € 17,820 |
| Equity | € 12,906 | € 16,173 | € 14,007 | € -5,978 | ▼ € 19,986 |
| Total debts | € 5,112 | € 10,183 | € 7,871 | € 33,903 | ▲ € 26,032 |
| Cash | € 219 | € 2,539 | € 859 | € 209 | ▼ 76% |
| Retained profit | € -5,694 | € -2,427 | € -4,593 | € -24,578 | ▼ € 19,986 |
| Balance sheet total | € 18,018 | € 26,356 | € 21,878 | € 27,924 | ▲ 28% |
Key figures of MGV Wines & Spirit, 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 MGV Wines & Spirit?
What happened at MGV Wines & Spirit in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 19,986. filed late Source: NBB ↗
- New establishment in Braine-le-Château. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,898 loss in 2022 to € 19,986 loss in 2025.
Best year ever: 2023, with € 3,267 profit.
A new publication or filing at MGV Wines & Spirit? 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 MGV Wines & Spirit is P&A GELIN SA.
Directors
According to the 2025 annual accounts
Director
Establishments
Establishment units
Physical locations of this company
Rue de Tubize 51
1440 Braine-le-Château
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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
SQUARESPACE - Squarespace, Inc., US
Website info
Features
Security
Details
- Company number
- 0674.718.241
- VAT number
- BE 0674.718.241
- Registered office
- Rue de Tubize 51, 1440 Braine-le-Château
- Names & denominations
- MGV Wines & Spirit
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 April 2017
- Peppol
- Active · Active since 30 Dec 2025
- Contact
- gelinvins.be +32 332 18 37
- Activities · NACE
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