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 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2024; threshold 65 %.
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Annual account missing NBB
Fiscal year 2025 was expected before 30 January 2026 and has not been filed.
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Busy address KBO
28 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
MGMA EXPRESS from Enghien, company number BE0751644684, closed financial year 2024 with a result of € -14,839 after tax. For that financial year MGMA EXPRESS recorded a gross margin of € -13,310 and equity of € -11,307. Compared with financial year 2023, the result moved from € -3,184 to € -14,839. 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 February 7, 2025.
€ -11,307
▼ € 14,839 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,839
▼ 366 % more loss than in 2023
Profit after tax over the fiscal year.
€ 12,504
▼ 37% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -12,307.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 23,634
▲ 107% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 5,251
▼ 27% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Revenue | € 294,773 | - | - | |
| Gross margin | € 40,991 | € 376 | € -13,310 | ▼ € 13,686 |
| Profit after taxes | € 32,106 | € -3,184 | € -14,839 | ▼ € 11,654 |
| Equity | € 6,716 | € 3,531 | € -11,307 | ▼ € 14,839 |
| Total debts | € 49,046 | € 20,100 | € 28,885 | ▲ 44% |
| Cash | € 10,621 | € 19,907 | € 12,504 | ▼ 37% |
| Retained profit | € 5,716 | € 2,531 | € -12,307 | ▼ € 14,839 |
| Balance sheet total | € 55,762 | € 23,631 | € 17,578 | ▼ 26% |
Key figures of MGMA EXPRESS, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 January 2026.
What happened to MGMA EXPRESS?
What happened at MGMA EXPRESS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 14,839. filed late Source: NBB ↗
- New establishment in Halle. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,106 profit in 2022 to € 14,839 loss in 2024.
Paid € 8,290 in corporate taxes since 2022.
Best year ever: 2022, with € 32,106 profit.
A new publication or filing at MGMA EXPRESS? 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 MGMA EXPRESS is MONCEF METTIOUI.
Directors
According to the 2024 annual accounts
MONCEF METTIOUI
Director
Establishments
Establishment units
Physical locations of this company
Place Pierre Delannoy 50
7850 Enghien
Kerkhoflaan 9
1501 Halle
Active since 30 July 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 28 companies are registered at this address.
All companies at this address →SWING VANDERHEYDEN
€ 9,825 revenue · 2021
MATER ARCHITECTURE
€ 13,170 gross margin · 2025
LaSemo ASBL
PASTEC - Management, Installation and Technology
€ 20,747 gross margin · 2025
8 RENOVE
€ 127,173 gross margin · 2024
+23 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
- 0751.644.684
- VAT number
- BE 0751.644.684
- Registered office
- Place Pierre Delannoy 50, 7850 Enghien
- Names & denominations
- MGMA EXPRESS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 July 2020
- Peppol
- Active · Active since 23 Nov 2025
- Activities · NACE
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