Active · per the CBE, 25 September 2026

MVG Kinesitherapie

BE0676816114

Rechtspersoon Private limited company 1 establishment

MVG Kinesitherapie is a sports school in Westerlo. Private Limited, started on 14 June 2017, 1 establishment.

Tongerlodorp 26, 2260 Westerlo

Behind the company: Michael Van Grieken.

Active for

9 year, 3 months

Financials

Financial year 2025

MVG Kinesitherapie from Westerlo, company number BE0676816114, closed financial year 2025 with a result of € 37,350 after tax. For that financial year MVG Kinesitherapie recorded a gross margin of € 90,009 and equity of € 87,087. Compared with financial year 2024, the result moved from € 62,665 to € 37,350. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.

What it is worth Healthy

€ 87,087

▼ 33% vs 2024

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

Profit Healthy

€ 37,350

▼ 40% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 129,734

▼ 6% vs 2024

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

Where the profit goes Pays out

€ 80,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Vehicles and equipment

€ 2,237

▼ 23% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 12 years to go

€ 197,586

▼ 8% vs 2024

€ 16,443 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.

Owed to suppliers

€ 25,879

▲ € 23,226 vs 2024

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

Taxes and wages

€ 18,127

▲ 50% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 62,093 € 103,044 € 114,650 € 90,009 ▼ 21%
Profit after taxes € 22,721 € 56,279 € 62,665 € 37,350 ▼ 40%
Equity € 79,034 € 135,312 € 129,738 € 87,087 ▼ 33%
Total debts € 272,143 € 239,653 € 286,677 € 315,059 ▲ 10%
Cash € 61,831 € 88,649 € 138,073 € 129,734 ▼ 6%
Land & buildings € 232,653 € 218,112 € 203,571 € 189,031 ▼ 7%
Retained profit € 78,534 € 134,812 € 129,238 € 86,587 ▼ 33%
Dividend € 0 € 0 € 68,240 € 80,000 ▲ 17%
Bank debt € 245,543 € 229,782 € 213,798 € 197,586 ▼ 8%
Balance sheet total € 351,177 € 374,965 € 416,414 € 402,146 ▼ 3%

Key figures of MVG Kinesitherapie, 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 MVG Kinesitherapie?

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

  • New annual accounts for financial year 2025: profit of € 37,350 (▼ 40% vs 2024). Source: NBB ↗
  • New establishment in Westerlo. KBO
  • Start of the company according to the CBE. KBO

In short

From € 22,721 profit in 2022 to € 37,350 profit in 2025.

Paid € 53,066 in corporate taxes since 2022.

Best year ever: 2024, with € 62,665 profit.

Paid out € 148,240 in dividends to the owners in total.

Management

Michael Van Grieken
MVG Kinesitherapie

Behind MVG Kinesitherapie is Michael Van Grieken.

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Directors

According to the 2025 annual accounts

Michael Van Grieken

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Tongerlodorp 26

2260 Westerlo

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 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
0676.816.114
VAT number
BE 0676.816.114
Registered office
Tongerlodorp 26, 2260 Westerlo
Names & denominations
MVG Kinesitherapie
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
14 June 2017
Peppol
Active · Active since 21 Oct 2025
Activities · NACE

Sport- en recreatieonderwijs

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Activiteiten op het gebied van kinesitherapie

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Frequently asked questions

What does MVG Kinesitherapie do?
MVG Kinesitherapie is a sports school in Westerlo. Private Limited, started on 14 June 2017, 1 establishment.
What is the address of MVG Kinesitherapie?
The registered office of MVG Kinesitherapie is located at Tongerlodorp 26, 2260 Westerlo.
Is MVG Kinesitherapie still active?
Yes. According to the CBE (25 September 2026) MVG Kinesitherapie is active, legal situation “Normale toestand”, started on 14 June 2017.
Is MVG Kinesitherapie registered on Peppol?
Yes, MVG Kinesitherapie is registered on the Peppol network with ID 0208:0676816114.
What is the enterprise number of MVG Kinesitherapie?
The enterprise number of MVG Kinesitherapie is BE0676816114.
When was MVG Kinesitherapie founded?
MVG Kinesitherapie was founded on 14 June 2017.