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 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2023; threshold 65 %.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
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Busy address KBO
95 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2023
MGM FOOD from Elsene, company number BE0778358979, closed financial year 2023 with a result of € -21,839 after tax. For that financial year MGM FOOD recorded revenue of € 66,749 and equity of € -62,406. Compared with financial year 2022, the result moved from € -48,567 to € -21,839. The company made a loss. 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 November 25, 2024.
€ -62,406
▼ € 21,839 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -21,839
▲ 55 % less loss than in 2022
Profit after tax over the fiscal year.
€ 8,466
▲ € 8,023 vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -70,406.
People and assets in 2023
€ 22,526
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 16,864
▼ 39% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 9,339
▲ € 9,139 vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Revenue | - | € 66,749 | |
| Gross margin | € -47,816 | € 2,860 | ▲ € 50,676 |
| Profit after taxes | € -48,567 | € -21,839 | ▲ € 26,728 |
| Equity | € -40,567 | € -62,406 | ▼ € 21,839 |
| Total debts | € 66,592 | € 88,846 | ▲ 33% |
| Cash | € 443 | € 8,466 | ▲ € 8,023 |
| Retained profit | € -48,567 | € -70,406 | ▼ € 21,839 |
| Balance sheet total | € 26,026 | € 26,441 | ▲ 2% |
Key figures of MGM FOOD, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to MGM FOOD?
What happened at MGM FOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Antwerpen. KBO
- New annual accounts for financial year 2023: loss of € 21,839. filed late Source: NBB ↗
- New establishment in Sint-Gillis (bij-Brussel). KBO
- Start of the company according to the CBE. KBO
In short
From € 48,567 loss in 2022 to € 21,839 loss in 2023.
A new publication or filing at MGM FOOD? 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
Establishments
Establishment units
Physical locations of this company
Louizalaan 500 box 161
1050 Elsene
Faiderstraat 1
1060 Sint-Gillis (bij-Brussel)
Active since 7 December 2021
Hoogstraat 36A
2000 Antwerpen
Active since 1 August 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 95 companies are registered at this address.
All companies at this address →CHAMBRE DE COMMERCE CANADA-BELGIQUE-LUXEMBOURG-'KAMER VAN KOOPHANDEL CANADA-BELGIE-LUXEMBURG -'CHAMBER OF COMMERCE CANADA-BELGIUM-LUXEMBOURG.
Chambre de Commerce Belgo-Chilienne
BECI-BRUSSELS CHAMBER OF COMMERCE
€ 2.2 million gross margin · 2025
CLIMAFED
€ 21,186 gross margin · 2025
Chambre Belge des Comptables et des Experts Comptables
+90 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
- 0778.358.979
- VAT number
- BE 0778.358.979
- Registered office
- Louizalaan 500 bus 161, 1050 Elsene
- Names & denominations
- MGM FOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 2021
- Peppol
- Active · Active since 28 Dec 2025
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening
Cateringdiensten op contractbasis en overige diensten in verband met maaltijden
Overige eetgelegenheden