Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MG MANAGEMENT & INVEST from Assenede, company number BE0679739673, closed financial year 2024 with a result of € 9,379 after tax. For that financial year MG MANAGEMENT & INVEST recorded a gross margin of € 56,172 and equity of € 44,395. Compared with financial year 2023, the result moved from € 22,203 to € 9,379. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2025.
€ 44,395
▲ 27% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,379
▼ 58% vs 2023
Profit after tax over the fiscal year.
€ 8,437
▼ 49% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 38,195.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 82,832
▲ € 75,974 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 118,705
▲ 135% vs 2023
€ 23,001 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 11,275
▲ 17% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 24,571
▲ 122% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 22,756 | € 1,557 | € 35,643 | € 56,172 | ▲ 58% |
| Profit after taxes | € 19,216 | € -13 | € 22,203 | € 9,379 | ▼ 58% |
| Equity | € 12,826 | € 12,813 | € 35,016 | € 44,395 | ▲ 27% |
| Total debts | € 15,093 | € 12,706 | € 71,256 | € 154,551 | ▲ 117% |
| Cash | € 13,778 | € 9,185 | € 16,499 | € 8,437 | ▼ 49% |
| Land & buildings | - | - | - | € 1,827 | |
| Retained profit | € 6,626 | € 6,613 | € 28,816 | € 38,195 | ▲ 33% |
| Bank debt | € 0 | € 0 | € 50,529 | € 118,705 | ▲ 135% |
| Balance sheet total | € 27,919 | € 25,519 | € 106,272 | € 198,945 | ▲ 87% |
Key figures of MG MANAGEMENT & INVEST, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MG MANAGEMENT & INVEST?
What happened at MG MANAGEMENT & INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 9,379 (▼ 58% vs 2023). Source: NBB ↗
- New establishment in Assenede. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,216 profit in 2021 to € 9,379 profit in 2024.
Paid € 17,849 in corporate taxes since 2021.
Best year ever: 2023, with € 22,203 profit.
A new publication or filing at MG MANAGEMENT & INVEST? 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 MG MANAGEMENT & INVEST is Mathieu Godfroid. Mathieu Godfroid is also behind LO - FINANCE and DMS-Windows.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Kasteelstraat 11
9960 Assenede
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0679.739.673
- VAT number
- BE 0679.739.673
- Registered office
- Kasteelstraat 11, 9960 Assenede
- Names & denominations
- MG MANAGEMENT & INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 August 2017
- Peppol
- Active · Active since 29 Mar 2025
- Activities · NACE
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