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 1 of the last 3 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MG-Society from Keerbergen, company number BE0801767851, closed financial year 2025 with a result of € -4,745 after tax. For that financial year MG-Society recorded a gross margin of € 17,896 and equity of € -3,797. Compared with financial year 2024, the result moved from € 11 to € -4,745. 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 July 13, 2026.
€ -3,797
▼ € 4,745 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,745
▼ still € 11 profit in 2024
Profit after tax over the fiscal year.
€ 17,550
▲ 134% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4,297.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 45,094
▲ 89% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 37,560
▲ 54% vs 2024
€ 7,506 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1,185
▲ 108% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,157
▼ 44% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 5,701 | € 9,354 | € 17,896 | ▲ 91% |
| Profit after taxes | € 437 | € 11 | € -4,745 | ▼ € 4,756 |
| Equity | € 937 | € 948 | € -3,797 | ▼ € 4,745 |
| Total debts | € 38,803 | € 34,146 | € 66,564 | ▲ 95% |
| Cash | € 4,799 | € 7,508 | € 17,550 | ▲ 134% |
| Retained profit | € 437 | € 448 | € -4,297 | ▼ € 4,745 |
| Bank debt | € 30,696 | € 24,457 | € 37,560 | ▲ 54% |
| Balance sheet total | € 39,740 | € 35,094 | € 62,767 | ▲ 79% |
Key figures of MG-Society, 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-Society?
What happened at MG-Society in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,745 (▼ € 4,756 vs 2024). Source: NBB ↗
- New establishment in Keerbergen. KBO
- Gaëtan David Magis became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 437 profit in 2023 to € 4,745 loss in 2025.
Paid € 1,024 in corporate taxes since 2023.
Best year ever: 2023, with € 437 profit.
Management
Behind MG-Society is Gaëtan David Magis. Gaëtan David Magis is also behind GAVI.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Lindenstraat 28 box 1
3140 Keerbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0801.767.851
- VAT number
- BE 0801.767.851
- Registered office
- Lindenstraat 28 bus 1, 3140 Keerbergen
- Names & denominations
- MG-Society
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 May 2023
- Peppol
- Active · Active since 2 Sept 2023
- Activities · NACE
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