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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
49 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BMG Media Source Belgium from Elsene, company number BE0735905247, closed financial year 2025 with a result of € 8,299 after tax. For that financial year BMG Media Source Belgium recorded a gross margin of € 142,256 and equity of € -700,030. Compared with financial year 2024, the result moved from € -7,296 to € 8,299. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 13, 2026.
€ -700,030
▲ € 8,299 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,299
▲ still € 7,296 loss in 2024
Profit after tax over the fiscal year.
€ 37,003
▲ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -725,030.
People and assets in 2025
€ 124,216
▲ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,808
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,498
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 408,550 | € 146,638 | € 131,565 | € 142,256 | ▲ 8% |
| Profit after taxes | € 34,775 | € -41,016 | € -7,296 | € 8,299 | ▲ € 15,595 |
| Equity | € -660,017 | € -701,033 | € -708,329 | € -700,030 | ▲ € 8,299 |
| Total debts | € 964,949 | € 920,029 | € 751,733 | € 776,811 | ▲ 3% |
| Cash | € 55,993 | € 215,236 | € 33,425 | € 37,003 | ▲ 11% |
| Retained profit | € -685,017 | € -726,033 | € -733,329 | € -725,030 | ▲ € 8,299 |
| Balance sheet total | € 304,933 | € 218,996 | € 43,404 | € 76,781 | ▲ 77% |
| Employees (FTE) | 3.8 | 6.6 | 6.6 | - |
Key figures of BMG Media Source Belgium, 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 BMG Media Source Belgium?
What happened at BMG Media Source Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8,299. filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Nivelles. KBO
- Ronald Simkins became a director. NBB
- Jason Metnick became a director. NBB
- Gina Mascio became a director. NBB
In short
From € 34,775 profit in 2022 to € 8,299 profit in 2025.
Paid € 23,971 in corporate taxes since 2022.
Best year ever: 2022, with € 34,775 profit.
On average € 19,900 of value added per employee in 2024.
Management
Behind BMG Media Source Belgium are Ronald Simkins, Jason Metnick and Gina Mascio. The shares are held by BMG Media Source S.L. (100%).
Directors
According to the 2025 annual accounts
Ronald Simkins
Director
since 2019
Jason Metnick
Director
since 2019
Gina Mascio
Director
since 2019
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Arnaud Fraiteurlaan 15 box 23
1050 Elsene
Avenue Jean Monnet 1
1400 Nivelles
Active since 9 October 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 49 companies are registered at this address.
All companies at this address →COTY BELGIUM
€ 28.9 million revenue · 2025
TEAM POWER
€ 62,115 gross margin · 2025
DE CROMBRUGGHE & PARTNERS
€ 176,212 gross margin · 2025
FONDS SOCIAL DES SOCIETES SOPRA STERIA BENELUX SA/NV ETSPRA STERIAPSF LUXEMBOURG SA
Tamahris
€ 2.5 million gross margin · 2025
+44 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- BMG Media Source S.L.(oprichter) 100%
Details
- Company number
- 0735.905.247
- VAT number
- BE 0735.905.247
- Registered office
- Arnaud Fraiteurlaan 15 bus 23, 1050 Elsene
- Names & denominations
- BMG Media Source Belgium · BMG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 October 2019
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren
Groothandel in foto- en filmapparatuur en in andere optische artikelen
Overige fotografische activiteiten
Vervaardiging van optische instrumenten, magnetische en optische dragers en fotografische apparatuur