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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Figures corrected NBB
Corrected annual account filed for 2024.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MGC HOLDING from Blégny, company number BE0746348682, closed financial year 2025 with a result of € 384,616 after tax. For that financial year MGC HOLDING recorded revenue of € 401,082 and equity of € 208,248. Compared with financial year 2024, the result moved from € 277,328 to € 384,616. Profitable, and profit is growing. The buffer shrank hard: equity is 51 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 208,248
▼ 51% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 384,616
▲ 39% vs 2024
Profit after tax over the fiscal year.
€ 193,145
▼ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 600,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 33,153
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 105,968
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 106 days on average.
€ 96,733
▲ 8% 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 | - | - | € 494,394 | € 401,082 | ▼ 19% |
| Gross margin | € 144,162 | € 60,812 | - | - | |
| Profit after taxes | € 113,215 | € 46,862 | € 277,328 | € 384,616 | ▲ 39% |
| Equity | € 249,442 | € 146,304 | € 423,632 | € 208,248 | ▼ 51% |
| Total debts | € 159,498 | € 210,511 | € 197,888 | € 204,653 | ▲ 3% |
| Cash | € 248,930 | € 141,341 | € 209,696 | € 193,145 | ▼ 8% |
| Retained profit | € 244,442 | € 141,304 | € 418,632 | € 203,248 | ▼ 51% |
| Dividend | € 0 | € 150,000 | € 0 | € 600,000 | |
| Balance sheet total | € 408,939 | € 356,815 | € 621,520 | € 412,901 | ▼ 34% |
Key figures of MGC HOLDING, 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 MGC HOLDING?
What happened at MGC HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 384,616 (▲ 39% vs 2024). Source: NBB ↗
- M&H 1817 SRL became a director. NBB
- YAM-Belgium Holding SRL became a director. NBB
- GEC Holding SRL became a director. NBB
- New establishment in Blégny. KBO
- Start of the company according to the CBE. KBO
In short
From € 113,215 profit in 2022 to € 384,616 profit in 2025.
Paid € 156,589 in corporate taxes since 2022.
Best year ever: 2025, with € 384,616 profit.
Paid out € 750,000 in dividends to the owners in total.
Management
The stake of YAM-Belgium Holding, M&H 1817, GEC Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MGC HOLDINGBehind MGC HOLDING are M&H 1817 SRL, YAM-Belgium Holding SRL and GEC Holding SRL. The shares are held by YAM-Belgium Holding (50%), M&H 1817 (25%) and GEC Holding (25%). It owns 85% of Susty Waste Solutions, 85% of SWS Belgium Holding, 70% of SWS Immo and 51% of SWS Team itself.
Directors
According to the 2025 annual accounts
Director · represented by Yann GUILLAUME
since 2025
Managing director · represented by Yann MASSON
since 2025
Director · represented by Georges CHALAIN
since 2025
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Rue Thier du Ry 5
4671 Blégny
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →EWATTCH BENELUX
€ 3,045 gross margin · 2025
IMMO FIDU3000
€ 28,154 gross margin · 2025
SUSTY WASTES SOLUTIONS same network
€ 134,908 gross margin · 2025
SPFI Valtris
FIDUCIAIRE COMPTA CASTRO
€ -2,740 gross margin · 2024
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0746.348.682
- VAT number
- BE 0746.348.682
- Registered office
- Rue Thier du Ry 5, 4671 Blégny
- Names & denominations
- MGC HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 April 2020
- Peppol
- Active · Active since 9 Oct 2025
- Contact
- [email protected]
- Activities · NACE
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