Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2020, 2021.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
MGA&CO from Brugge, company number BE0682866835, closed financial year 2022 with a result of € 34,822 after tax. For that financial year MGA&CO recorded revenue of € 375,182 and equity of € 33,102. Compared with financial year 2021, the result moved from € 105,611 to € 34,822. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 18, 2023.
€ 33,102
▲ € 34,822 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 34,822
▼ 67% vs 2021
Profit after tax over the fiscal year.
€ 12,011
▼ 28% vs 2021
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2022. Retained profit grew to € 26,802.
People and assets in 2022
€ 99,630
▲ 2% vs 2021
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 21,311
▲ € 17,457 vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
None
No bank loans on the last day of the fiscal year.
€ 21,565
▲ 34% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 22,222
▼ 43% vs 2021
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2020 | 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|---|
| Revenue | - | - | € 375,182 | |
| Gross margin | € 93,410 | € 221,857 | € 170,124 | ▼ 23% |
| Profit after taxes | € -175,293 | € 105,611 | € 34,822 | ▼ 67% |
| Equity | € -107,330 | € -1,720 | € 33,102 | ▲ € 34,822 |
| Total debts | € 184,158 | € 54,936 | € 43,787 | ▼ 20% |
| Cash | € 56,496 | € 16,745 | € 12,011 | ▼ 28% |
| Retained profit | € -113,630 | € -8,020 | € 26,802 | ▲ € 34,822 |
| Balance sheet total | € 76,828 | € 53,217 | € 76,889 | ▲ 44% |
| Employees (FTE) | 4 | 4 | - |
Key figures of MGA&CO, fiscal years 2020 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to MGA&CO?
What happened at MGA&CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
MGA&CO is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: profit of € 34,822 (▼ 67% vs 2021). filed late Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 175,293 loss in 2020 to € 34,822 profit in 2022.
Best year ever: 2021, with € 105,611 profit.
On average € 55,500 of value added per employee in 2021.
A new publication or filing at MGA&CO? 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
Establishments
Establishment units
Physical locations of this company
Kraakstraat 7
8380 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0682.866.835
- VAT number
- BE 0682.866.835
- Registered office
- Kraakstraat 7, 8380 Brugge
- Names & denominations
- MGA&CO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 12 October 2017
- Peppol
- Not registered