Financials
Financial year 2025
MG ELEC from Jette, company number BE0772290145, closed financial year 2025 with a result of € 1,885 after tax. For that financial year MG ELEC recorded a gross margin of € 5,140 and equity of € 28,600. Compared with financial year 2024, the result moved from € 19,482 to € 1,885. The company is profitable. 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 August 24, 2026.
€ 28,600
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,885
▼ 90% vs 2024
Profit after tax over the fiscal year.
€ 43
▼ 96% 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 € 23,600.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 150
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 38,212
▲ € 36,007 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,040
▼ 27% 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 | |
|---|---|---|---|---|---|
| Gross margin | € 12,796 | € -1,733 | € 25,658 | € 5,140 | ▼ 80% |
| Profit after taxes | € 4,861 | € -2,627 | € 19,482 | € 1,885 | ▼ 90% |
| Equity | € 9,861 | € 7,234 | € 26,716 | € 28,600 | ▲ 7% |
| Total debts | € 7,635 | € 10,967 | € 10,439 | € 44,252 | ▲ € 33,814 |
| Cash | € 101 | € 727 | € 1,141 | € 43 | ▼ 96% |
| Retained profit | € 4,861 | € 2,234 | € 21,716 | € 23,600 | ▲ 9% |
| Balance sheet total | € 17,496 | € 18,201 | € 37,154 | € 72,853 | ▲ 96% |
Key figures of MG ELEC, 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 ELEC?
What happened at MG ELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,885 (▼ 90% vs 2024). filed late Source: NBB ↗
- New establishment in Jette. KBO
- Gabi Malki Sabah became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 4,861 profit in 2022 to € 1,885 profit in 2025.
Paid € 9,476 in corporate taxes since 2022.
Best year ever: 2024, with € 19,482 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
Management
Directors
According to the 2025 annual accounts
Gabi Malki Sabah
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Pierre Timmermansstraat 44 box 1
1090 Jette
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0772.290.145
- VAT number
- BE 0772.290.145
- Registered office
- Pierre Timmermansstraat 44 bus 1, 1090 Jette
- Names & denominations
- MG ELEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 August 2021
- Peppol
- Active · Active since 15 Jan 2026
- Activities · NACE
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