What does MRG ELEC do?

MRG ELEC is an electrical contractor in Aubange. Private Limited, started on 22 January 2009, 1 establishment.

What is the address of MRG ELEC?

The registered office of MRG ELEC is located at Rue de Longwy - AUBANGE 32, 6790 Aubange.

Is MRG ELEC still active?

Yes. According to the CBE (31 October 2026) MRG ELEC is active, legal situation “Normale toestand”, started on 22 January 2009.

Is MRG ELEC registered on Peppol?

Yes, MRG ELEC is registered on the Peppol network with ID 0208:0809275255.

What is the enterprise number of MRG ELEC?

The enterprise number of MRG ELEC is BE0809275255.

When was MRG ELEC founded?

MRG ELEC was founded on 22 January 2009.

Who are the directors of MRG ELEC?

According to the 2025 annual accounts, the directors of MRG ELEC are: Grégory MERTZ.

Is MRG ELEC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 January 2009; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MRG ELEC make in 2025?

MRG ELEC posted a profit after taxes of € 42,764 in financial year 2025.

What is the revenue of MRG ELEC?

As a small company, MRG ELEC is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 542,569.

How much does an employee at MRG ELEC earn?

The average wage cost per full-time employee at MRG ELEC was € 44,500 in 2025: staff costs of € 436,448 for 9.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MRG ELEC have?

According to the 2025 annual accounts, MRG ELEC has 9.8 full-time equivalents (FTE).

MRG ELEC (Private Limited) - Aubange - BE0809275255

Dossier MRG ELEC, printed on 31 October 2026 from databakkes.be/en/0809275255/mrg-elec. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 44 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MRG ELEC from Aubange, company number BE0809275255, closed financial year 2025 with a result of € 42,764 after tax. For that financial year MRG ELEC recorded a gross margin of € 542,569 and equity of € 118,118. Compared with financial year 2024, the result moved from € 80,948 to € 42,764. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.

What it is worth Healthy

€ 118,118

▼ 6% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 42,764

▼ 47% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 90,759

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 50,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

9.8

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 436,448

▲ 9% vs 2024

€ 44,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 6,391

▼ 63% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 7 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 322,282

▲ 216% vs 2024

€ 41,279 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 112,040

▼ 22% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 51,131

▲ 50% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 308,692 Gross margin 2022: € 308,692 First fiscal year in the series	€ 503,798 Gross margin 2023: € 503,798 ▲ 63% vs 2022 (€ 308,692) Favourable step	€ 551,252 Gross margin 2024: € 551,252 ▲ 9% vs 2023 (€ 503,798) Favourable step	€ 542,569 Gross margin 2025: € 542,569 ▼ 2% vs 2024 (€ 551,252) Unfavourable step	▼ 2%
Profit after taxes	€ 11,785 Profit after taxes 2022: € 11,785 First fiscal year in the series	€ 74,090 Profit after taxes 2023: € 74,090 ▲ € 62,305 vs 2022 (€ 11,785) Favourable step	€ 80,948 Profit after taxes 2024: € 80,948 ▲ 9% vs 2023 (€ 74,090) Favourable step	€ 42,764 Profit after taxes 2025: € 42,764 ▼ 47% vs 2024 (€ 80,948) Unfavourable step	▼ 47%
Equity	€ 123,154 Equity 2022: € 123,154 First fiscal year in the series	€ 106,298 Equity 2023: € 106,298 ▼ 14% vs 2022 (€ 123,154) Unfavourable step	€ 126,300 Equity 2024: € 126,300 ▲ 19% vs 2023 (€ 106,298) Favourable step	€ 118,118 Equity 2025: € 118,118 ▼ 6% vs 2024 (€ 126,300) Unfavourable step	▼ 6%
Total debts	€ 363,252 Total debts 2022: € 363,252 First fiscal year in the series	€ 393,370 Total debts 2023: € 393,370 ▲ 8% vs 2022 (€ 363,252) Unfavourable step	€ 384,972 Total debts 2024: € 384,972 ▼ 2% vs 2023 (€ 393,370) Favourable step	€ 611,343 Total debts 2025: € 611,343 ▲ 59% vs 2024 (€ 384,972) Unfavourable step	▲ 59%
Cash	€ 43,888 Cash 2022: € 43,888 First fiscal year in the series	€ 97,137 Cash 2023: € 97,137 ▲ 121% vs 2022 (€ 43,888) Favourable step	€ 90,459 Cash 2024: € 90,459 ▼ 7% vs 2023 (€ 97,137) Unfavourable step	€ 90,759 Cash 2025: € 90,759 Unchanged (€ 90,459) Favourable step
Land & buildings	€ 145,197 Land & buildings 2022: € 145,197 First fiscal year in the series	€ 138,913 Land & buildings 2023: € 138,913 ▼ 4% vs 2022 (€ 145,197) Unchanged	€ 163,574 Land & buildings 2024: € 163,574 ▲ 18% vs 2023 (€ 138,913) Unchanged	€ 391,796 Land & buildings 2025: € 391,796 ▲ 140% vs 2024 (€ 163,574) Unchanged	▲ 140%
Retained profit	€ 97,805 Retained profit 2022: € 97,805 First fiscal year in the series	€ 81,895 Retained profit 2023: € 81,895 ▼ 16% vs 2022 (€ 97,805) Unfavourable step	€ 102,843 Retained profit 2024: € 102,843 ▲ 26% vs 2023 (€ 81,895) Favourable step	€ 95,607 Retained profit 2025: € 95,607 ▼ 7% vs 2024 (€ 102,843) Unfavourable step	▼ 7%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 90,000 Dividend 2023: € 90,000 Unchanged (€ 0) Unchanged	€ 60,000 Dividend 2024: € 60,000 ▼ 33% vs 2023 (€ 90,000) Unchanged	€ 50,000 Dividend 2025: € 50,000 ▼ 17% vs 2024 (€ 60,000) Unchanged	▼ 17%
Bank debt	€ 208,482 Bank debt 2022: € 208,482 First fiscal year in the series	€ 182,934 Bank debt 2023: € 182,934 ▼ 12% vs 2022 (€ 208,482) Favourable step	€ 101,899 Bank debt 2024: € 101,899 ▼ 44% vs 2023 (€ 182,934) Favourable step	€ 322,282 Bank debt 2025: € 322,282 ▲ 216% vs 2024 (€ 101,899) Unfavourable step	▲ 216%
Balance sheet total	€ 486,406 Balance sheet total 2022: € 486,406 First fiscal year in the series	€ 499,668 Balance sheet total 2023: € 499,668 ▲ 3% vs 2022 (€ 486,406) Unchanged	€ 511,272 Balance sheet total 2024: € 511,272 ▲ 2% vs 2023 (€ 499,668) Unchanged	€ 729,461 Balance sheet total 2025: € 729,461 ▲ 43% vs 2024 (€ 511,272) Unchanged	▲ 43%
Employees (FTE)	8 Employees (FTE) 2022: 8 First fiscal year in the series	10.5 Employees (FTE) 2023: 10.5 ▲ 2.5 vs 2022 (8) Unchanged	9.8 Employees (FTE) 2024: 9.8 ▼ 0.7 vs 2023 (10.5) Unchanged	9.8 Employees (FTE) 2025: 9.8 Unchanged (9.8) Unchanged

Key figures of MRG ELEC, 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 MRG ELEC?

What happened at MRG ELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Apr 30, 2026 New annual accounts for financial year 2025: profit of € 42,764 (▼ 47% vs 2024). Source: NBB ↗
Jan 22, 2009 Start of the company according to the CBE. KBO
Jan 19, 2009 New establishment in Aubange. KBO

In short

From € 11,785 profit in 2022 to € 42,764 profit in 2025.

Paid € 73,597 in corporate taxes since 2022.

Best year ever: 2024, with € 80,948 profit.

On average € 55,400 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Tech-Home 100%

The stake of Tech-Home comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

MRG ELEC

Behind MRG ELEC is Grégory MERTZ. The shares are held by Tech-Home (100%).

Directors

According to the 2025 annual accounts

Grégory MERTZ

Director

Also active at: Tech-Home

Shareholders

Tech-Home

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de Longwy - AUBANGE 32

6790 Aubange

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

Swift Racing

Association des copropriétaires de la "Résidence Flo"

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0809.275.255

VAT number

BE 0809.275.255

Registered office

Rue de Longwy - AUBANGE 32, 6790 Aubange

Names & denominations

MRG ELEC

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

22 January 2009

Peppol

Active · Active since 20 Nov 2020

Activities · NACE

Algemene elektrotechnische installatiewerken

Detailhandel in ICT-apparatuur

Detailhandel in audio- en videoapparatuur in gespecialiseerde winkels

Overige bouwinstallatie

Detailhandel in verlichtingsartikelen

Proefboren en boren

Groothandel in elektrisch materiaal, inclusief installatiemateriaal

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

View on CBE Public ↗ Annual accounts (NBB) ↗

MRG ELEC

Warning lights

Financials

What happened to MRG ELEC?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions