Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MGMK HOLDING from Oostende, company number BE0761886401, closed financial year 2025 with a result of € 71,000 after tax. For that financial year MGMK HOLDING recorded a gross margin of € 74,934 and equity of € 250,642. Compared with financial year 2024, the result moved from € 88,212 to € 71,000. 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 August 31, 2026.
€ 250,642
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 71,000
▼ 20% vs 2024
Profit after tax over the fiscal year.
€ 8,527
▲ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 70,000 paid out
99 % of the profit went to the shareholders, mostly to AUTOGROEP NOORDZEE (100 % of the shares). That is where the money ends up.
Debts at end 2025
€ 561,538
▼ 9% vs 2024
€ 53,845 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 457
Supplier invoices still open on the last day of the fiscal year.
€ 32,527
▼ 38% 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 | |
|---|---|---|---|---|---|
| Gross margin | € 7,500 | € 99,740 | € 124,675 | € 74,934 | ▼ 40% |
| Profit after taxes | € 1,718 | € 56,991 | € 88,212 | € 71,000 | ▼ 20% |
| Equity | € 104,440 | € 161,431 | € 249,643 | € 250,642 | |
| Total debts | € 783,701 | € 690,664 | € 728,613 | € 804,521 | ▲ 10% |
| Cash | € 3,785 | € 5,527 | € 6,620 | € 8,527 | ▲ 29% |
| Retained profit | € 4,440 | € 61,431 | € 149,643 | € 150,642 | ▲ 1% |
| Dividend | € 0 | € 0 | € 0 | € 70,000 | |
| Bank debt | € 783,076 | € 669,230 | € 615,384 | € 561,538 | ▼ 9% |
| Balance sheet total | € 888,141 | € 852,095 | € 978,256 | € 1,055,164 | ▲ 8% |
Key figures of MGMK 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 MGMK HOLDING?
What happened at MGMK 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 € 71,000 (▼ 20% vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- Autogroep Noordzee NV became a director. NBB
In short
From € 1,718 profit in 2022 to € 71,000 profit in 2025.
Paid € 53,889 in corporate taxes since 2022.
Best year ever: 2024, with € 88,212 profit.
Paid out € 70,000 in dividends to the owners in total.
Management
The stake of AUTOGROEP NOORDZEE, FOUBERT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MGMK HOLDINGBehind MGMK HOLDING is Autogroep Noordzee NV. The shares are held by AUTOGROEP NOORDZEE (100%) and FOUBERT (40%). It owns 100% of Mida itself.
Directors
According to the 2025 annual accounts
Director · represented by Nicolas Linden
Also active at: GROEP LINDEN, NOORDZEE REAL ESTATE, P & C-Invest, LAMOS, ELVACENTER, ELVA HOLDING, YASMINE, Du Parc Invest
since 2021
Shareholders
100%
40%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Torhoutsesteenweg 691
8400 Oostende
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 →GROEP LINDEN same network
€ 25.9 million revenue · 2025
NOORDZEE REAL ESTATE same network
€ 150,213 gross margin · 2025
CARROSSERIECENTER PEEL NOORDZEE
€ 1.1 million gross margin · 2025
P & C-Invest same network
€ 285,977 gross margin · 2025
LAMOS same network
€ 264,252 gross margin · 2025
+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
- 0761.886.401
- VAT number
- BE 0761.886.401
- Registered office
- Torhoutsesteenweg 691, 8400 Oostende
- Names & denominations
- MGMK HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 2021
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Overige zakelijke dienstverlening, neg
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering