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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MGL-Invest from Zulte, company number BE0738460109, closed financial year 2025 with a result of € -11,703 after tax. For that financial year MGL-Invest recorded a gross margin of € -7,703 and equity of € 36,559. Compared with financial year 2024, the result moved from € -9,175 to € -11,703. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 9, 2026.
€ 36,559
▼ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,703
▼ 28 % more loss than in 2024
Profit after tax over the fiscal year.
€ 32,797
▼ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -153,441.
Debts at end 2025
€ 836,122
▼ 17% vs 2024
€ 176,751 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 470
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -45,407 | € 2,772 | € -3,058 | € -7,703 | ▼ € 4,645 |
| Profit after taxes | € -60,823 | € -6,094 | € -9,175 | € -11,703 | ▼ € 2,528 |
| Equity | € 63,531 | € 57,437 | € 48,262 | € 36,559 | ▼ 24% |
| Total debts | € 1,966,835 | € 1,967,533 | € 1,969,857 | € 1,976,807 | |
| Cash | € 48,515 | € 43,642 | € 37,942 | € 32,797 | ▼ 14% |
| Land & buildings | € 1,980,000 | € 1,980,000 | € 1,980,000 | € 1,980,000 | |
| Retained profit | € -126,469 | € -132,563 | € -141,738 | € -153,441 | ▼ € 11,703 |
| Bank debt | € 1,354,270 | € 1,183,540 | € 1,010,843 | € 836,122 | ▼ 17% |
| Balance sheet total | € 2,030,366 | € 2,024,971 | € 2,018,119 | € 2,013,366 |
Key figures of MGL-Invest, 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 MGL-Invest?
What happened at MGL-Invest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,703. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 60,823 loss in 2022 to € 11,703 loss in 2025.
Management
Behind MGL-Invest is Magali Van Den Broeke.
Directors
According to the 2025 annual accounts
Magali Van Den Broeke
Director
Establishments
Establishment units
Physical locations of this company
Rijksweg 127
9870 Zulte
Koninginnelaan 60
9031 Gent
Active since 27 November 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0738.460.109
- VAT number
- BE 0738.460.109
- Registered office
- Rijksweg 127, 9870 Zulte
- Names & denominations
- MGL-Invest
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 2019
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen