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 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MSG OFFICE from Mont-Saint-Guibert, company number BE0825736749, closed financial year 2025 with a result of € 50,461 after tax. For that financial year MSG OFFICE recorded a gross margin of € 183,201 and equity of € 262,400. Compared with financial year 2024, the result moved from € 27,060 to € 50,461. 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 June 15, 2026.
€ 262,400
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 50,461
▲ 86% vs 2024
Profit after tax over the fiscal year.
€ 6,060
▼ 18% 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 € 152,400.
People and assets in 2025
€ 55,282
▼ 5% 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.
€ 30,756
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 78,200
▼ 55% vs 2024
€ 53,504 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 5,660
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,709
▲ 119% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 131,909 | € 161,999 | € 152,863 | € 183,201 | ▲ 20% |
| Profit after taxes | € 24,507 | € 39,430 | € 27,060 | € 50,461 | ▲ 86% |
| Equity | € 145,449 | € 184,879 | € 211,939 | € 262,400 | ▲ 24% |
| Total debts | € 295,731 | € 256,433 | € 209,407 | € 120,810 | ▼ 42% |
| Cash | € 7,592 | € 18,361 | € 7,430 | € 6,060 | ▼ 18% |
| Land & buildings | € 419,417 | € 393,936 | € 368,138 | € 336,470 | ▼ 9% |
| Retained profit | € 35,449 | € 74,879 | € 101,939 | € 152,400 | ▲ 50% |
| Bank debt | € 270,278 | € 220,067 | € 172,663 | € 78,200 | ▼ 55% |
| Balance sheet total | € 442,594 | € 442,570 | € 422,450 | € 384,159 | ▼ 9% |
Key figures of MSG OFFICE, 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 MSG OFFICE?
What happened at MSG OFFICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 50,461 (▲ 86% vs 2024). Source: NBB ↗
- New establishment in Mont-Saint-Guibert. KBO
- Juan Galea became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 24,507 profit in 2022 to € 50,461 profit in 2025.
Paid € 48,890 in corporate taxes since 2022.
Best year ever: 2025, with € 50,461 profit.
A new publication or filing at MSG OFFICE? 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
Management
The stake of Charles MALDAGUE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MSG OFFICEBehind MSG OFFICE is Juan Galea. The shares are held by Charles MALDAGUE (11.1%).
Directors
According to the 2025 annual accounts
Juan Galea
Director
since 2010
Shareholders
11.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue du Bosquet 8 box A
1435 Mont-Saint-Guibert
Rue du Bosquet 8
1435 Mont-Saint-Guibert
Active since 7 May 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0825.736.749
- VAT number
- BE 0825.736.749
- Registered office
- Rue du Bosquet 8 bus A, 1435 Mont-Saint-Guibert
- Names & denominations
- MSG OFFICE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 May 2010
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Overige zakelijke dienstverlening, neg
Verhuur en lease van andere huishoudelijke of persoonlijke artikelen, neg
Verhuur en lease van andere consumentenartikelen, n.e.g.
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Organisatie van congressen en beurzen
Diverse administratieve activiteiten ten behoeve van kantoren