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 1 of the last 4 fiscal years.
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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 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MGI KMO from Deinze, company number BE0740908962, closed financial year 2025 with a result of € -13,876 after tax. For that financial year MGI KMO recorded a gross margin of € 20,722 and equity of € -7,954. Compared with financial year 2024, the result moved from € -4,005 to € -13,876. The company made a loss. 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 September 24, 2025.
€ -7,954
▼ € 13,876 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,876
▼ 246 % more loss than in 2024
Profit after tax over the fiscal year.
€ 20,270
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -17,954.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 29
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,310
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,142 | € 12,482 | € 18,137 | € 20,722 | ▲ 14% |
| Profit after taxes | € 2,967 | € -7,351 | € -4,005 | € -13,876 | ▼ € 9,872 |
| Equity | € 17,279 | € 9,928 | € 5,923 | € -7,954 | ▼ € 13,876 |
| Total debts | € 109,939 | € 367,697 | € 332,291 | € 356,426 | ▲ 7% |
| Cash | € 100,096 | € 3,258 | € 0 | € 20,270 | |
| Land & buildings | - | € 345,672 | € 329,947 | € 314,222 | ▼ 5% |
| Retained profit | € 7,279 | € -72 | € -4,077 | € -17,954 | ▼ € 13,876 |
| Bank debt | € 0 | € 0 | € 97 | € 0 | ▼ 100% |
| Balance sheet total | € 127,218 | € 377,625 | € 338,213 | € 348,472 | ▲ 3% |
Key figures of MGI KMO, 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 October 2026.
What happened to MGI KMO?
What happened at MGI KMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 13,876. Source: NBB ↗
- Mg Investment became a director. NBB
- New establishment in Deinze. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,967 profit in 2022 to € 13,876 loss in 2025.
Paid € 770 in corporate taxes since 2022.
Best year ever: 2022, with € 2,967 profit.
A new publication or filing at MGI KMO? We notify you, reason included.
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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 MGI KMO is Mg Investment. The shares are held by Mg Investment (100%).
Directors
According to the 2025 annual accounts
Director · represented by Laure Devuyst , Ignace De Paepe
Also active at: MG CITY STATION, PAULOWNIA, STASIMO, Maple Land, PROJECT KLOOSTERSTRAAT, ABIES ALBA, DULLE GRIET GARDEN, SASAELLA +43 more
since 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Beentjesstraat 59
9850 Deinze
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0740.908.962
- VAT number
- BE 0740.908.962
- Registered office
- Beentjesstraat 59, 9850 Deinze
- Names & denominations
- MGI KMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 January 2020
- Peppol
- Active · Active since 3 Sept 2025
- Activities · NACE
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