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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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MRGX from Mechelen, company number BE0765977722, closed financial year 2025 with a result of € 101,572 after tax. For that financial year MRGX recorded a gross margin of € 249,327 and equity of € 180,016. Compared with financial year 2023, the result moved from € 3,977 to € 101,572. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 2, 2026.
€ 180,016
▲ 129% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 101,572
▲ € 97,595 vs 2023
Profit after tax over the fiscal year.
€ 25,597
▲ 44% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 172,016.
People and assets in 2025
€ 83,726
▲ € 78,848 vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,407
▼ 27% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 54,528
▼ 39% vs 2023
€ 10,043 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 62,453
▼ 30% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 72,392
▲ 39% vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 97,852 | € 43,288 | € 249,327 | ▲ € 206,039 |
| Profit after taxes | € 66,467 | € 3,977 | € 101,572 | ▲ € 97,595 |
| Equity | € 74,467 | € 78,444 | € 180,016 | ▲ 129% |
| Total debts | € 194,545 | € 234,496 | € 227,269 | ▼ 3% |
| Cash | € 9,060 | € 17,730 | € 25,597 | ▲ 44% |
| Retained profit | € 66,467 | € 70,444 | € 172,016 | ▲ 144% |
| Bank debt | € 80,138 | € 89,090 | € 54,528 | ▼ 39% |
| Balance sheet total | € 269,012 | € 312,939 | € 407,285 | ▲ 30% |
Key figures of MRGX, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MRGX?
What happened at MRGX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 101,572 (▲ € 97,595 vs 2023). filed late Source: NBB ↗
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 66,467 profit in 2022 to € 101,572 profit in 2025.
Paid € 48,718 in corporate taxes since 2022.
Best year ever: 2025, with € 101,572 profit.
Management
Behind MRGX is Margaux Quirin.
Directors
According to the 2025 annual accounts
Margaux Quirin
Director
Establishments
Establishment units
Physical locations of this company
Onze-Lieve-Vrouwestraat 139
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0765.977.722
- VAT number
- BE 0765.977.722
- Registered office
- Onze-Lieve-Vrouwestraat 139, 2800 Mechelen
- Names & denominations
- MRGX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 2021
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
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