Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
M.G.A. from Brussel, company number BE0808265168, closed financial year 2025 with a result of € 87,932 after tax. For that financial year M.G.A. recorded a gross margin of € 212,875 and equity of € 198,180. Compared with financial year 2024, the result moved from € 13,143 to € 87,932. 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 28, 2026.
€ 198,180
▲ 80% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 87,932
▲ € 74,789 vs 2024
Profit after tax over the fiscal year.
€ 17,094
▼ 59% 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 € 179,580.
People and assets in 2025
€ 94,873
▼ 1% 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.
€ 21,839
▼ 13% 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.
€ 57,613
▲ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 60,292
▲ 250% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 103,913 | € 101,384 | € 139,811 | € 212,875 | ▲ 52% |
| Profit after taxes | € 11,358 | € -8,453 | € 13,143 | € 87,932 | ▲ € 74,789 |
| Equity | € 105,558 | € 97,105 | € 110,248 | € 198,180 | ▲ 80% |
| Total debts | € 330,657 | € 179,266 | € 123,833 | € 132,127 | ▲ 7% |
| Cash | € 35,326 | € 43,627 | € 42,169 | € 17,094 | ▼ 59% |
| Retained profit | € 86,958 | € 78,505 | € 91,648 | € 179,580 | ▲ 96% |
| Balance sheet total | € 436,215 | € 276,371 | € 234,081 | € 330,307 | ▲ 41% |
Key figures of M.G.A., 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 M.G.A.?
What happened at M.G.A. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 87,932 (▲ € 74,789 vs 2024). filed late Source: NBB ↗
- New establishment in Brussel. KBO
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,358 profit in 2022 to € 87,932 profit in 2025.
Paid € 25,908 in corporate taxes since 2022.
Best year ever: 2025, with € 87,932 profit.
A new publication or filing at M.G.A.? We notify you, reason included.
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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
Watteeustraat 25
1000 Brussel
Watteeustraat 23
1000 Brussel
Active since 15 December 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0808.265.168
- VAT number
- BE 0808.265.168
- Registered office
- Watteeustraat 25, 1000 Brussel
- Names & denominations
- M.G.A.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 2008
- Peppol
- Active · Active since 10 Jul 2026
- Activities · NACE
Detailhandel in antiquiteiten