Financials
Financial year 2025
MG from Gent, company number BE0708924401, closed financial year 2025 with a result of € 196,341 after tax. For that financial year MG recorded a gross margin of € 276,455 and equity of € 18,952. Compared with financial year 2024, the result moved from € 32,859 to € 196,341. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 2, 2026.
€ 18,952
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 196,341
▲ € 163,482 vs 2024
Profit after tax over the fiscal year.
€ 144,669
▲ € 113,808 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 196,000 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 299
▼ 64% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.6 million
€ 143,138 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 1,019
▲ 112% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,185
▲ € 29,998 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 52,033 | € 276,455 | ▲ € 224,421 |
| Profit after taxes | € 32,859 | € 196,341 | ▲ € 163,482 |
| Equity | € 18,611 | € 18,952 | ▲ 2% |
| Total debts | € 34,792 | € 1,769,952 | ▲ € 1.7 million |
| Cash | € 30,860 | € 144,669 | ▲ € 113,808 |
| Retained profit | € 11 | € 352 | ▲ € 341 |
| Dividend | € 33,000 | € 196,000 | ▲ € 163,000 |
| Bank debt | € 0 | € 1,641,622 | |
| Balance sheet total | € 53,403 | € 1,788,904 | ▲ € 1.7 million |
Key figures of MG, fiscal years 2024 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 MG?
What happened at MG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 196,341 (▲ € 163,482 vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Mathieu Guillaume became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 32,859 profit in 2024 to € 196,341 profit in 2025.
Paid € 78,428 in corporate taxes since 2024.
Best year ever: 2025, with € 196,341 profit.
Paid out € 229,000 in dividends to the owners in total.
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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 is Mathieu Guillaume. It owns 33.3% of 0 itself.
Directors
According to the 2025 annual accounts
since 2018
Establishments
Establishment units
Physical locations of this company
Burgstr.46 Kl.P.Ongesch.Karmel. 17 box 101
9000 Gent
Burgstraat 17 box 101
9000 Gent
Active since 1 July 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0708.924.401
- VAT number
- BE 0708.924.401
- Registered office
- Burgstr.46 Kl.P.Ongesch.Karmel. 17 bus 101, 9000 Gent
- Names & denominations
- MG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 September 2018
- Peppol
- Active · Active since 13 Dec 2025
- Activities · NACE
Overige rechtskundige dienstverlening