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
24 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MBGS from Elsene, company number BE0767568126, closed financial year 2025 with a result of € 2,209 after tax. For that financial year MBGS recorded a gross margin of € 138,739 and equity of € 364,379. Compared with financial year 2024, the result moved from € 110,999 to € 2,209. 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 July 29, 2026.
€ 364,379
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,209
▼ 98% vs 2024
Profit after tax over the fiscal year.
€ 87,517
▲ 135% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 359,379.
People and assets in 2025
€ 20,397
▲ € 19,910 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 797,016
▲ € 793,263 vs 2024
€ 35,121 is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.
€ 18,089
▼ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,698
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 42,331 | € 271,891 | € 138,372 | € 138,739 | |
| Profit after taxes | € 23,695 | € 265,307 | € 110,999 | € 2,209 | ▼ 98% |
| Equity | € 28,695 | € 294,002 | € 362,169 | € 364,379 | ▲ 1% |
| Total debts | € 32,003 | € 15,258 | € 191,151 | € 994,763 | ▲ € 803,612 |
| Cash | € 11,602 | € 135,949 | € 37,211 | € 87,517 | ▲ 135% |
| Land & buildings | - | - | - | € 881,532 | |
| Retained profit | € 23,695 | € 289,002 | € 357,169 | € 359,379 | ▲ 1% |
| Dividend | € 0 | € 0 | € 42,831 | € 0 | ▼ 100% |
| Bank debt | € 7,346 | € 3,349 | € 3,753 | € 797,016 | ▲ € 793,263 |
| Balance sheet total | € 60,698 | € 309,261 | € 553,321 | € 1,359,142 | ▲ 146% |
Key figures of MBGS, 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 MBGS?
What happened at MBGS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,209 (▼ 98% vs 2024). Source: NBB ↗
- New establishment in Elsene. KBO
- Matthieu Ghins became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 23,695 profit in 2022 to € 2,209 profit in 2025.
Paid € 40,942 in corporate taxes since 2022.
Best year ever: 2023, with € 265,307 profit.
Paid out € 42,831 in dividends to the owners in total.
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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 MBGS is Matthieu Ghins. Matthieu Ghins is also behind UKKO and Neybor Group.
Directors
According to the 2025 annual accounts
since 2021
Establishments
Establishment units
Physical locations of this company
Boondaalse Steenweg 365
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 24 companies are registered at this address.
All companies at this address →KRUMPIR
€ 133,042 gross margin · 2025
NEYBOR BOTANIQUE
€ 251,567 gross margin · 2025
UKKO same network
€ 87,252 gross margin · 2025
STEEN HOLDINGS
€ 65,960 gross margin · 2024
NEYBOR SERVICES
€ 328,608 gross margin · 2025
+19 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
- 0767.568.126
- VAT number
- BE 0767.568.126
- Registered office
- Boondaalse Steenweg 365, 1050 Elsene
- Names & denominations
- MBGS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 April 2021
- Peppol
- Active · Active since 18 Sept 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Activiteiten van bouwarchitecten
Algemene bouw van kantoorgebouwen
Activiteiten op het gebied van voeding
Algemene bouw van residentiële gebouwen
Algemene bouw van andere niet-residentiële gebouwen
Overige menselijke gezondheidszorg, n.e.g.