Financials
Financial year 2025
MGS LAW from Incourt, company number BE0803543842, closed financial year 2025 with a result of € 30,494 after tax. For that financial year MGS LAW recorded a gross margin of € 40,789 and equity of € 100,805. Compared with financial year 2024, the result moved from € 68,311 to € 30,494. The company is profitable. 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 October 31, 2025.
€ 100,805
▲ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,494
▼ 55% vs 2024
Profit after tax over the fiscal year.
€ 36,281
▲ 95% 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 € 98,805.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 4,260
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 542
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,225
▼ 58% 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 | € 72,027 | € 87,467 | € 40,789 | ▼ 53% |
| Profit after taxes | € 56,548 | € 68,311 | € 30,494 | ▼ 55% |
| Equity | € 58,548 | € 70,311 | € 100,805 | ▲ 43% |
| Total debts | € 40,237 | € 47,772 | € 14,902 | ▼ 69% |
| Cash | € 81,148 | € 18,637 | € 36,281 | ▲ 95% |
| Retained profit | € 56,548 | € 68,311 | € 98,805 | ▲ 45% |
| Balance sheet total | € 98,785 | € 118,083 | € 115,707 | ▼ 2% |
Key figures of MGS LAW, 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 October 2026.
What happened to MGS LAW?
What happened at MGS LAW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 30,494 (▼ 55% vs 2024). Source: NBB ↗
- New establishment in Sint-Pieters-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 56,548 profit in 2023 to € 30,494 profit in 2025.
Paid € 40,823 in corporate taxes since 2023.
Best year ever: 2024, with € 68,311 profit.
Management
Behind MGS LAW is Marguerite SOETE.
Directors
According to the 2025 annual accounts
Marguerite SOETE
Director
Establishments
Establishment units
Physical locations of this company
Rue de Wastines 20
1315 Incourt
Tervurenlaan 325 box 1
1150 Sint-Pieters-Woluwe
Active since 4 July 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0803.543.842
- VAT number
- BE 0803.543.842
- Registered office
- Rue de Wastines 20, 1315 Incourt
- Names & denominations
- MGS LAW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 July 2023
- Peppol
- Active · Active since 19 Dec 2025
- Contact
- [email protected]
- Activities · NACE
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