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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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MG2W from Waimes, company number BE0778533282, closed financial year 2025 with a result of € 103,222 after tax. For that financial year MG2W recorded a gross margin of € 149,750 and equity of € 186,175. Compared with financial year 2024, the result moved from € 77,946 to € 103,222. Profitable, and profit is growing. 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 June 25, 2026.
€ 186,175
▼ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 103,222
▲ 32% vs 2024
Profit after tax over the fiscal year.
€ 80,036
▲ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 176,410 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 3,568
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 80,000
▼ 33% vs 2024
€ 40,000 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 485
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,187
▼ 22% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 160,237 | € 145,976 | € 126,986 | € 149,750 | ▲ 18% |
| Profit after taxes | € 86,410 | € 90,007 | € 77,946 | € 103,222 | ▲ 32% |
| Equity | € 91,410 | € 181,417 | € 259,362 | € 186,175 | ▼ 28% |
| Total debts | € 235,004 | € 202,155 | € 157,296 | € 268,562 | ▲ 71% |
| Cash | € 13,318 | € 78,749 | € 61,303 | € 80,036 | ▲ 31% |
| Land & buildings | € 306,567 | € 298,257 | € 289,946 | € 281,635 | ▼ 3% |
| Retained profit | € 86,410 | € 176,417 | € 254,362 | € 181,175 | ▼ 29% |
| Dividend | € 0 | € 0 | € 0 | € 176,410 | |
| Bank debt | € 200,000 | € 160,000 | € 120,000 | € 80,000 | ▼ 33% |
| Balance sheet total | € 326,414 | € 383,572 | € 416,658 | € 454,737 | ▲ 9% |
Key figures of MG2W, 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 MG2W?
What happened at MG2W in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 103,222 (▲ 32% vs 2024). Source: NBB ↗
- New establishment in Waimes. KBO
- Manuel WILLEMS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 86,410 profit in 2022 to € 103,222 profit in 2025.
Paid € 127,746 in corporate taxes since 2022.
Best year ever: 2025, with € 103,222 profit.
Paid out € 176,410 in dividends to the owners in total.
Management
Behind MG2W is Manuel WILLEMS. Manuel WILLEMS is also behind J.G.B.D. CONSULT.
Directors
According to the 2025 annual accounts
since 2021
Establishments
Establishment units
Physical locations of this company
Rue des Marronniers 1
4950 Waimes
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0778.533.282
- VAT number
- BE 0778.533.282
- Registered office
- Rue des Marronniers 1, 4950 Waimes
- Names & denominations
- MG2W
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 2021
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
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