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 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
46 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
M&G Translog from Vorst, company number BE0746591875, closed financial year 2025 with a result of € -10,988 after tax. For that financial year M&G Translog recorded a gross margin of € 105,210 and equity of € -21,416. Compared with financial year 2024, the result moved from € -15,428 to € -10,988. 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 August 28, 2026.
€ -21,416
▼ € 10,988 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,988
▲ 29 % less loss than in 2024
Profit after tax over the fiscal year.
€ 46,837
▲ 203% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -26,416.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 113,939
▲ 15% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 122,312
▲ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 46,784
▲ 212% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 216,512 | € 84,717 | € 105,210 | ▲ 24% |
| Profit after taxes | € 13,465 | € -15,428 | € -10,988 | ▲ € 4,441 |
| Equity | € -10,281 | € -10,428 | € -21,416 | ▼ € 10,988 |
| Total debts | € 145,860 | € 101,813 | € 171,573 | ▲ 69% |
| Cash | € 10,030 | € 15,466 | € 46,837 | ▲ 203% |
| Retained profit | € -15,281 | € -15,428 | € -26,416 | ▼ € 10,988 |
| Balance sheet total | € 135,579 | € 91,384 | € 150,157 | ▲ 64% |
Key figures of M&G Translog, fiscal years 2023 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 M&G Translog?
What happened at M&G Translog in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,988. filed late Source: NBB ↗
- Josine Ngabire became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,465 profit in 2023 to € 10,988 loss in 2025.
Best year ever: 2023, with € 13,465 profit.
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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
Directors
According to the 2025 annual accounts
Josine Ngabire
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Eikelstraat 30
1190 Vorst
Frans Vekemansstraat 222
1120 Brussel
Active since 29 April 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 46 companies are registered at this address.
All companies at this address →+41 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
- 0746.591.875
- VAT number
- BE 0746.591.875
- Registered office
- Eikelstraat 30, 1190 Vorst
- Names & denominations
- M&G Translog · MGT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 April 2020
- Peppol
- Active · Active since 3 Jul 2026
- Contact
- [email protected]
- Activities · NACE
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Verhuisactiviteiten