Financials
Financial year 2025
MG WELDING from Perwez, company number BE0788505674, closed financial year 2025 with a result of € 98,919 after tax. For that financial year MG WELDING recorded a gross margin of € 312,625 and equity of € 195,536. Compared with financial year 2024, the result moved from € 64,807 to € 98,919. 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 26, 2026.
€ 195,536
▲ 102% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 98,919
▲ 53% vs 2024
Profit after tax over the fiscal year.
€ 66,673
▲ 27% 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 € 190,536.
People and assets in 2025
€ 137,031
▲ 37% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 47,737
▲ 7% vs 2024
Of which on lease € 29,846.
Debts at end 2025
€ 215,307
▲ € 166,888 vs 2024
€ 29,977 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 32,753
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,109
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 134,720 | € 226,712 | € 312,625 | ▲ 38% |
| Profit after taxes | € 26,810 | € 64,807 | € 98,919 | ▲ 53% |
| Equity | € 31,810 | € 96,617 | € 195,536 | ▲ 102% |
| Total debts | € 150,083 | € 95,833 | € 270,169 | ▲ 182% |
| Cash | € 23,936 | € 52,460 | € 66,673 | ▲ 27% |
| Land & buildings | - | - | € 172,836 | |
| Retained profit | € 26,810 | € 91,617 | € 190,536 | ▲ 108% |
| Bank debt | € 57,631 | € 48,419 | € 215,307 | ▲ € 166,888 |
| Balance sheet total | € 181,893 | € 192,450 | € 465,706 | ▲ 142% |
Key figures of MG WELDING, fiscal years 2023 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 WELDING?
What happened at MG WELDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 98,919 (▲ 53% vs 2024). filed late Source: NBB ↗
- New establishment in Perwez. KBO
- Start of the company according to the CBE. KBO
In short
From € 26,810 profit in 2023 to € 98,919 profit in 2025.
Paid € 45,636 in corporate taxes since 2023.
Best year ever: 2025, with € 98,919 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
Geoffrey Maisin
Director
Establishments
Establishment units
Physical locations of this company
Rue Salmon 33A
1360 Perwez
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0788.505.674
- VAT number
- BE 0788.505.674
- Registered office
- Rue Salmon 33A, 1360 Perwez
- Names & denominations
- MG WELDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 July 2022
- Peppol
- Active · Active since 20 Feb 2024
- Activities · NACE
Verspanend bewerken van metalen
Overige industrie, neg
Bouwrijp maken van terreinen
Landschapsverzorging
Proefboren en boren
Overige gespecialiseerde bouwactiviteiten, neg
Reparatie en onderhoud van producten van metaal
Overige gespecialiseerde bouwwerkzaamheden