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 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MG MOTORS from Kraainem, company number BE0769467445, closed financial year 2025 with a result of € 1,924 after tax. For that financial year MG MOTORS recorded revenue of € 52,909 and equity of € -21,474. Compared with financial year 2024, the result moved from € -5,299 to € 1,924. Profitable, and profit is growing. 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 July 9, 2026.
€ -21,474
▲ € 1,924 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,924
▲ still € 5,299 loss in 2024
Profit after tax over the fiscal year.
€ 344
▼ 35% 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 € -23,474.
People and assets in 2025
€ 705
▼ 23% 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.
€ 1,385
▲ € 1,239 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,256
▲ 55% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 113,415 | € 55,742 | € 50,498 | € 52,909 | ▲ 5% |
| Gross margin | € -13,894 | € -5,886 | € -5,018 | € 2,320 | ▲ € 7,338 |
| Profit after taxes | € -14,055 | € -6,044 | € -5,299 | € 1,924 | ▲ € 7,223 |
| Equity | € -12,055 | € -18,099 | € -23,398 | € -21,474 | ▲ € 1,924 |
| Total debts | € 53,525 | € 33,120 | € 34,637 | € 35,983 | ▲ 4% |
| Cash | € 12,883 | € 3,137 | € 527 | € 344 | ▼ 35% |
| Retained profit | € -14,055 | € -20,099 | € -25,398 | € -23,474 | ▲ € 1,924 |
| Balance sheet total | € 41,470 | € 15,021 | € 11,239 | € 14,509 | ▲ 29% |
Key figures of MG MOTORS, 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 MG MOTORS?
What happened at MG MOTORS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,924. Source: NBB ↗
- New establishment in Kraainem. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,055 loss in 2022 to € 1,924 profit in 2025.
Best year ever: 2025, with € 1,924 profit.
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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
Establishments
Establishment units
Physical locations of this company
Steenweg op Mechelen 455 box 1
1950 Kraainem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0769.467.445
- VAT number
- BE 0769.467.445
- Registered office
- Steenweg op Mechelen 455 bus 1, 1950 Kraainem
- Names & denominations
- MG MOTORS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 June 2021
- Peppol
- Active · Active since 26 Jan 2026
- Contact
- [email protected]
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling in de groothandel in andere specifieke goederen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in andere motorvoertuigen (> 3,5 ton)
Wassen en poetsen van motorvoertuigen
Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling in andere motorvoertuigen (> 3,5 ton)
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