Financials
Financial year 2025
MG TRA from Olen, company number BE0683659166, closed financial year 2025 with a result of € -9,258 after tax. For that financial year MG TRA recorded a gross margin of € 45,755 and equity of € 107,916. Compared with financial year 2024, the result moved from € 25,155 to € -9,258. The company made a loss. 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 April 30, 2026.
€ 107,916
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,258
▼ still € 25,155 profit in 2024
Profit after tax over the fiscal year.
€ 29,606
▲ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 95,216.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 64,065
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 42,390
▼ 41% vs 2024
€ 30,658 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 7,252
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,136
▼ 33% 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 | € 85,615 | € 80,522 | € 85,756 | € 45,755 | ▼ 47% |
| Profit after taxes | € 17,655 | € 26,989 | € 25,155 | € -9,258 | ▼ € 34,414 |
| Equity | € 70,030 | € 97,019 | € 122,174 | € 107,916 | ▼ 12% |
| Total debts | € 141,153 | € 124,157 | € 90,280 | € 58,563 | ▼ 35% |
| Cash | € 459 | € 44,527 | € 22,865 | € 29,606 | ▲ 29% |
| Land & buildings | € 4,308 | € 3,590 | € 2,872 | € 5,869 | ▲ 104% |
| Retained profit | € 57,330 | € 84,319 | € 109,474 | € 95,216 | ▼ 13% |
| Dividend | € 0 | € 0 | € 0 | € 5,000 | |
| Bank debt | € 128,848 | € 98,741 | € 71,567 | € 42,390 | ▼ 41% |
| Balance sheet total | € 211,183 | € 221,176 | € 212,454 | € 166,479 | ▼ 22% |
Key figures of MG TRA, 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 April 2027.
What happened to MG TRA?
What happened at MG TRA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,258 (▼ € 34,414 vs 2024). Source: NBB ↗
- New establishment in Olen. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,655 profit in 2022 to € 9,258 loss in 2025.
Paid € 17,932 in corporate taxes since 2022.
Best year ever: 2023, with € 26,989 profit.
Paid out € 5,000 in dividends to the owners in total.
Management
Behind MG TRA is Bart Meirte.
Directors
According to the 2025 annual accounts
Bart Meirte
Director
Establishments
Establishment units
Physical locations of this company
Paradijs 1 box A
2250 Olen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0683.659.166
- VAT number
- BE 0683.659.166
- Registered office
- Paradijs 1 bus A, 2250 Olen
- Names & denominations
- MG TRA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 October 2017
- Peppol
- Active · Active since 5 Oct 2025
- Activities · NACE
Goederenvervoer over de weg
Handelsbemiddeling in de groothandel in andere specifieke goederen
Overige werkzaamheden in verband met de afwerking van gebouwen
Detailhandel in andere motorvoertuigen (> 3,5 ton)
Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)