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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Busy address KBO
53 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MGW from Wavre, company number BE0767974239, closed financial year 2025 with a result of € 22,417 after tax. For that financial year MGW recorded a gross margin of € 64,723 and equity of € 113,351. Compared with financial year 2024, the result moved from € 31,658 to € 22,417. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 13, 2025.
€ 113,351
▼ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,417
▼ 29% vs 2024
Profit after tax over the fiscal year.
€ 2,858
▲ € 2,768 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 45,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 3,712
▼ 63% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 13,483
▼ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 51,715
▲ 91% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 77,967 | € 66,527 | € 61,563 | € 64,723 | ▲ 5% |
| Profit after taxes | € 53,655 | € 44,621 | € 31,658 | € 22,417 | ▼ 29% |
| Equity | € 59,655 | € 104,276 | € 135,934 | € 113,351 | ▼ 17% |
| Total debts | € 21,877 | € 168,621 | € 93,654 | € 72,188 | ▼ 23% |
| Cash | € 4,508 | - | € 90 | € 2,858 | ▲ € 2,768 |
| Retained profit | € 53,655 | € 98,276 | € 129,934 | € 107,351 | ▼ 17% |
| Dividend | € 0 | € 0 | € 0 | € 45,000 | |
| Bank debt | € 0 | € 0 | € 1,439 | € 0 | ▼ 100% |
| Balance sheet total | € 81,532 | € 272,897 | € 229,588 | € 185,539 | ▼ 19% |
Key figures of MGW, 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 October 2026.
What happened to MGW?
What happened at MGW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 22,417 (▼ 29% vs 2024). filed late Source: NBB ↗
- New establishment in La Hulpe. KBO
- Start of the company according to the CBE. KBO
In short
From € 53,655 profit in 2022 to € 22,417 profit in 2025.
Paid € 51,886 in corporate taxes since 2022.
Best year ever: 2022, with € 53,655 profit.
Paid out € 45,000 in dividends to the owners in total.
A new publication or filing at MGW? 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 MGW is Wallace Augusto Araujo Muzel.
Directors
According to the 2025 annual accounts
Wallace Augusto Araujo Muzel
Director
Establishments
Establishment units
Physical locations of this company
Avenue Pasteur 6 box H
1300 Wavre
Rue de l'Argentine 138
1310 La Hulpe
Active since 7 May 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 53 companies are registered at this address.
All companies at this address →ADMINISTRATIVE AND TECHNICAL ASSISTANCE
€ 154,802 gross margin · 2024
EDITIONS MERCKX UITGEVERIJ
€ -23,529 gross margin · 2024
ONE PARTNER
€ 1.3 million gross margin · 2025
PROGRESS
€ -32,535 gross margin · 2025
VI.PI
€ -32,541 gross margin · 2025
+48 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
- 0767.974.239
- VAT number
- BE 0767.974.239
- Registered office
- Avenue Pasteur 6 bus H, 1300 Wavre
- Names & denominations
- MGW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 May 2021
- Peppol
- Active · Active since 12 Nov 2025
- Activities · NACE
Plaatsen van vloer- en wandtegels
Overige werkzaamheden in verband met de afwerking van gebouwen
Stukadoorswerk
Landschapsverzorging
Diverse ondersteunende activiteiten ten behoeve van voorzieningen
Chapewerken