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 62 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
55 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
MG AUTOS from Ternat, company number BE0783834927, closed financial year 2024 with a result of € 15,641 after tax. For that financial year MG AUTOS recorded a gross margin of € 21,642 and equity of € 50,974. Compared with financial year 2023, the result moved from € 6,987 to € 15,641. Profitable, and profit is growing. 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 27, 2025.
€ 50,974
▲ 44% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,641
▲ 124% vs 2023
Profit after tax over the fiscal year.
€ 38,697
▲ € 32,349 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 35,974.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 3,325
▼ 83% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 13,893 | € 8,457 | € 21,642 | ▲ 156% |
| Profit after taxes | € 13,346 | € 6,987 | € 15,641 | ▲ 124% |
| Equity | € 28,346 | € 35,333 | € 50,974 | ▲ 44% |
| Total debts | € 36,189 | € 59,926 | € 72,241 | ▲ 21% |
| Cash | € 28,840 | € 6,348 | € 38,697 | ▲ € 32,349 |
| Retained profit | € 13,346 | € 20,333 | € 35,974 | ▲ 77% |
| Balance sheet total | € 64,536 | € 95,259 | € 123,215 | ▲ 29% |
Key figures of MG AUTOS, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MG AUTOS?
What happened at MG AUTOS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 15,641 (▲ 124% vs 2023). filed late Source: NBB ↗
- New establishment in Morlanwelz. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,346 profit in 2022 to € 15,641 profit in 2024.
Paid € 4,443 in corporate taxes since 2022.
Best year ever: 2024, with € 15,641 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
Assesteenweg 116 A
1740 Ternat
Chaussée Brunehault(MSA) 504
7141 Morlanwelz
Active since 4 April 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 55 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0783.834.927
- VAT number
- BE 0783.834.927
- Registered office
- Assesteenweg 116 A, 1740 Ternat
- Names & denominations
- MG AUTOS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 March 2022
- Peppol
- Active · Active since 12 Nov 2025
- 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)