Bankrupt · Opening faillissement (CBE)

5 M.G CORPORATE

BE0748849007

Rechtspersoon Private limited company 1 establishment

5 M.G CORPORATE is a shop in Brussel. Private Limited, started on 23 June 2020, 1 establishment.

Arteveldestraat 153 box 26, 1000 Brussel

Start date

23 June 2020

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 1 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2025

5 M.G CORPORATE from Brussel, company number BE0748849007, closed financial year 2025 with a result of € -17,706 after tax. For that financial year 5 M.G CORPORATE recorded a gross margin of € 2,004 and equity of € -14,489. Compared with financial year 2024, the result moved from € -5,982 to € -17,706. 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 May 29, 2026.

What it is worth Caution

€ -14,489

▼ € 17,706 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -17,706

▼ 196 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 59

▼ 99% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -19,489.

People and assets in 2025

Wage cost

€ 16,978

▲ 39% 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

Bank debt

€ 6

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 19,734

▲ € 17,367 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 3,649

▼ 42% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 24,711 € 12,333 € 7,771 € 2,004 ▼ 74%
Profit after taxes € 4,984 € -7,894 € -5,982 € -17,706 ▼ € 11,724
Equity € 17,092 € 9,199 € 3,217 € -14,489 ▼ € 17,706
Total debts € 16,564 € 11,856 € 11,492 € 23,388 ▲ 104%
Cash € 23,592 € 13,029 € 11,017 € 59 ▼ 99%
Retained profit € 12,092 € 4,199 € -1,783 € -19,489 ▼ € 17,706
Bank debt € 0 € 0 € 0 € 6
Balance sheet total € 33,656 € 21,055 € 14,709 € 8,899 ▼ 39%

Key figures of 5 M.G CORPORATE, 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 5 M.G CORPORATE?

What happened at 5 M.G CORPORATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

5 M.G CORPORATE is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2025: loss of € 17,706. Source: NBB ↗
  • New establishment in Brussel. KBO
  • Start of the company according to the CBE. KBO

In short

From € 4,984 profit in 2022 to € 17,706 loss in 2025.

Paid € 2,539 in corporate taxes since 2022.

Best year ever: 2022, with € 4,984 profit.

Establishments

Establishment units

Physical locations of this company

Registered office

Arteveldestraat 153 box 26

1000 Brussel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 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
0748.849.007
VAT number
BE 0748.849.007
Registered office
Arteveldestraat 153 bus 26, 1000 Brussel
Names & denominations
5 M.G CORPORATE
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
23 June 2020
Peppol
Active · Active since 29 Dec 2025
Activities · NACE

Detailhandel in kledingstoffen

Frequently asked questions

What does 5 M.G CORPORATE do?
5 M.G CORPORATE is a shop in Brussel. Private Limited, started on 23 June 2020, 1 establishment.
What is the address of 5 M.G CORPORATE?
The registered office of 5 M.G CORPORATE is located at Arteveldestraat 153 box 26, 1000 Brussel.
Is 5 M.G CORPORATE still active?
No. The CBE lists 5 M.G CORPORATE with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is 5 M.G CORPORATE registered on Peppol?
Yes, 5 M.G CORPORATE is registered on the Peppol network with ID 0208:0748849007.
What is the enterprise number of 5 M.G CORPORATE?
The enterprise number of 5 M.G CORPORATE is BE0748849007.
When was 5 M.G CORPORATE founded?
5 M.G CORPORATE was founded on 23 June 2020.