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 39 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
MGCC IMMO from Thuin, company number BE0738487328, closed financial year 2025 with a result of € 30,975 after tax. For that financial year MGCC IMMO recorded a gross margin of € 45,750 and equity of € -20,420. Compared with financial year 2024, the result moved from € 8,112 to € 30,975. 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 June 7, 2026.
€ -20,420
▲ € 30,975 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,975
▲ 282% vs 2024
Profit after tax over the fiscal year.
€ 8,993
▲ 51% 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 € -22,920.
People and assets in 2025
€ 5,273
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 33,222
▼ 34% vs 2024
€ 12,929 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1,230
▲ € 1,162 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,527
▲ 34% 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 | € 25,610 | € 687 | € 19,657 | € 45,750 | ▲ 133% |
| Profit after taxes | € -28,971 | € -9,270 | € 8,112 | € 30,975 | ▲ 282% |
| Equity | € -50,237 | € -59,507 | € -51,395 | € -20,420 | ▲ € 30,975 |
| Total debts | € 110,807 | € 112,407 | € 99,978 | € 72,433 | ▼ 28% |
| Cash | € 6,180 | € 3,258 | € 5,968 | € 8,993 | ▲ 51% |
| Retained profit | € -52,737 | € -62,007 | € -53,895 | € -22,920 | ▲ € 30,975 |
| Bank debt | € 65,091 | € 54,462 | € 50,464 | € 33,222 | ▼ 34% |
| Balance sheet total | € 60,570 | € 52,900 | € 48,583 | € 52,013 | ▲ 7% |
Key figures of MGCC IMMO, 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 MGCC IMMO?
What happened at MGCC IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 30,975 (▲ 282% vs 2024). Source: NBB ↗
- New establishment in Thuin. KBO
- Start of the company according to the CBE. KBO
In short
From € 28,971 loss in 2022 to € 30,975 profit in 2025.
Paid € 2,958 in corporate taxes since 2022.
Best year ever: 2025, with € 30,975 profit.
Establishments
Establishment units
Physical locations of this company
Rue de Forestaille(BST) 31A
6531 Thuin
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0738.487.328
- VAT number
- BE 0738.487.328
- Registered office
- Rue de Forestaille(BST) 31A, 6531 Thuin
- Names & denominations
- MGCC IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 2019
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Handel in eigen onroerend goed
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis