Financials
Financial year 2025
MGX Project from Le Roeulx, company number BE0743531724, closed financial year 2025 with a result of € 9,378 after tax. For that financial year MGX Project recorded a gross margin of € 42,522 and equity of € 89,909. Compared with financial year 2024, the result moved from € 25,658 to € 9,378. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 89,909
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,378
▼ 63% vs 2024
Profit after tax over the fiscal year.
€ 17,763
▼ 50% 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 € 84,909.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,646
▲ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 172,791
▲ 5% vs 2024
€ 35,773 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 2,143
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,617
▼ 24% 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 | |
|---|---|---|---|---|---|
| Revenue | € 189,699 | - | - | - | |
| Gross margin | € 76,918 | € 52,971 | € 54,795 | € 42,522 | ▼ 22% |
| Profit after taxes | € 51,275 | € 34,790 | € 25,658 | € 9,378 | ▼ 63% |
| Equity | € 73,798 | € 75,588 | € 80,531 | € 89,909 | ▲ 12% |
| Total debts | € 37,851 | € 19,174 | € 193,993 | € 193,551 | |
| Cash | € 53,210 | € 44,220 | € 35,574 | € 17,763 | ▼ 50% |
| Land & buildings | - | - | € 164,852 | € 169,321 | ▲ 3% |
| Retained profit | € 68,798 | € 70,588 | € 75,531 | € 84,909 | ▲ 12% |
| Dividend | € 27,857 | € 33,000 | € 20,714 | € 0 | ▼ 100% |
| Bank debt | € 5,976 | € 1,487 | € 164,864 | € 172,791 | ▲ 5% |
| Balance sheet total | € 111,649 | € 94,762 | € 274,524 | € 283,461 | ▲ 3% |
Key figures of MGX Project, 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 MGX Project?
What happened at MGX Project in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,378 (▼ 63% vs 2024). Source: NBB ↗
- New establishment in Le Roeulx. KBO
- NICOLAS MONTOISY became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 51,275 profit in 2022 to € 9,378 profit in 2025.
Paid € 45,155 in corporate taxes since 2022.
Best year ever: 2022, with € 51,275 profit.
Paid out € 81,571 in dividends to the owners in total.
Management
Behind MGX Project is NICOLAS MONTOISY. NICOLAS MONTOISY is also behind JADE & CO and MS MANAGEMENT.
Directors
According to the 2025 annual accounts
since 2020
Establishments
Establishment units
Physical locations of this company
Rue Puits Salomon(GOT) 1/A.
7070 Le Roeulx
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0743.531.724
- VAT number
- BE 0743.531.724
- Registered office
- Rue Puits Salomon(GOT) 1/A., 7070 Le Roeulx
- Names & denominations
- MGX Project
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 February 2020
- Peppol
- Active · Active since 4 Dec 2025
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