What does MG CREATION do?

MG CREATION is a bakery in Grez-Doiceau. Private Limited, started on 7 January 2011, 1 establishment.

What is the address of MG CREATION?

The registered office of MG CREATION is located at Chaussée de Wavre 362, 1390 Grez-Doiceau.

Is MG CREATION still active?

Yes. According to the CBE (2 November 2026) MG CREATION is active, legal situation “Normale toestand”, started on 7 January 2011.

Is MG CREATION registered on Peppol?

Yes, MG CREATION is registered on the Peppol network with ID 0208:0832557928.

What is the enterprise number of MG CREATION?

The enterprise number of MG CREATION is BE0832557928.

When was MG CREATION founded?

MG CREATION was founded on 7 January 2011.

Who are the directors of MG CREATION?

According to the 2025 annual accounts, the directors of MG CREATION are: CN PARTNERS.

Is MG CREATION a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 January 2011; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 1 events from the Belgian Official Gazette processed.

How much profit did MG CREATION make in 2025?

MG CREATION posted a profit after taxes of € 65,439 in financial year 2025.

What is the revenue of MG CREATION?

As a small company, MG CREATION is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 539,229.

How much does an employee at MG CREATION earn?

The average wage cost per full-time employee at MG CREATION was € 43,900 in 2025: staff costs of € 417,287 for 9.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MG CREATION have?

According to the 2025 annual accounts, MG CREATION has 9.5 full-time equivalents (FTE).

MG CREATION (Private Limited) - Grez-Doiceau

Dossier MG CREATION, printed on 3 November 2026 from databakkes.be/en/0832557928/mg-creation. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MG CREATION from Grez-Doiceau, company number BE0832557928, closed financial year 2025 with a result of € 65,439 after tax. For that financial year MG CREATION recorded a gross margin of € 539,229 and equity of € 118,008. Compared with financial year 2024, the result moved from € 22,918 to € 65,439. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.

What it is worth Growing

€ 118,008

▲ 124% vs 2024

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

Profit Growing

€ 65,439

▲ 186% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 101,280

▲ € 85,893 vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 99,408.

People and assets in 2025

Full-time equivalents

9.5

▲ 0.5 vs 2024

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

Wage cost

€ 417,287

▲ 28% vs 2024

€ 43,900 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

€ 3,265

▼ 29% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 1 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.

€ 34,157

▼ 32% vs 2024

€ 22,983 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 144,713

▼ 3% vs 2024

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

Taxes and wages

€ 57,808

▲ € 53,678 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	€ 373,999 Gross margin 2022: € 373,999 First fiscal year in the series	€ 405,992 Gross margin 2023: € 405,992 ▲ 9% vs 2022 (€ 373,999) Favourable step	€ 388,231 Gross margin 2024: € 388,231 ▼ 4% vs 2023 (€ 405,992) Unfavourable step	€ 539,229 Gross margin 2025: € 539,229 ▲ 39% vs 2024 (€ 388,231) Favourable step	▲ 39%
Profit after taxes	€ 14,278 Profit after taxes 2022: € 14,278 First fiscal year in the series	€ 3,266 Profit after taxes 2023: € 3,266 ▼ 77% vs 2022 (€ 14,278) Unfavourable step	€ 22,918 Profit after taxes 2024: € 22,918 ▲ € 19,652 vs 2023 (€ 3,266) Favourable step	€ 65,439 Profit after taxes 2025: € 65,439 ▲ 186% vs 2024 (€ 22,918) Favourable step	▲ 186%
Equity	€ 26,385 Equity 2022: € 26,385 First fiscal year in the series	€ 29,651 Equity 2023: € 29,651 ▲ 12% vs 2022 (€ 26,385) Favourable step	€ 52,569 Equity 2024: € 52,569 ▲ 77% vs 2023 (€ 29,651) Favourable step	€ 118,008 Equity 2025: € 118,008 ▲ 124% vs 2024 (€ 52,569) Favourable step	▲ 124%
Total debts	€ 188,894 Total debts 2022: € 188,894 First fiscal year in the series	€ 232,342 Total debts 2023: € 232,342 ▲ 23% vs 2022 (€ 188,894) Unfavourable step	€ 212,384 Total debts 2024: € 212,384 ▼ 9% vs 2023 (€ 232,342) Favourable step	€ 248,862 Total debts 2025: € 248,862 ▲ 17% vs 2024 (€ 212,384) Unfavourable step	▲ 17%
Cash	€ 14,450 Cash 2022: € 14,450 First fiscal year in the series	€ 42,707 Cash 2023: € 42,707 ▲ 196% vs 2022 (€ 14,450) Favourable step	€ 15,387 Cash 2024: € 15,387 ▼ 64% vs 2023 (€ 42,707) Unfavourable step	€ 101,280 Cash 2025: € 101,280 ▲ € 85,893 vs 2024 (€ 15,387) Favourable step	▲ € 85,893
Retained profit	€ 7,785 Retained profit 2022: € 7,785 First fiscal year in the series	€ 11,051 Retained profit 2023: € 11,051 ▲ 42% vs 2022 (€ 7,785) Favourable step	€ 33,969 Retained profit 2024: € 33,969 ▲ 207% vs 2023 (€ 11,051) Favourable step	€ 99,408 Retained profit 2025: € 99,408 ▲ 193% vs 2024 (€ 33,969) Favourable step	▲ 193%
Bank debt	€ 61,504 Bank debt 2022: € 61,504 First fiscal year in the series	€ 71,318 Bank debt 2023: € 71,318 ▲ 16% vs 2022 (€ 61,504) Unfavourable step	€ 50,316 Bank debt 2024: € 50,316 ▼ 29% vs 2023 (€ 71,318) Favourable step	€ 34,157 Bank debt 2025: € 34,157 ▼ 32% vs 2024 (€ 50,316) Favourable step	▼ 32%
Balance sheet total	€ 215,279 Balance sheet total 2022: € 215,279 First fiscal year in the series	€ 261,993 Balance sheet total 2023: € 261,993 ▲ 22% vs 2022 (€ 215,279) Unchanged	€ 264,953 Balance sheet total 2024: € 264,953 ▲ 1% vs 2023 (€ 261,993) Unchanged	€ 366,870 Balance sheet total 2025: € 366,870 ▲ 38% vs 2024 (€ 264,953) Unchanged	▲ 38%
Employees (FTE)	9.7 Employees (FTE) 2022: 9.7 First fiscal year in the series	8.4 Employees (FTE) 2023: 8.4 ▼ 1.3 vs 2022 (9.7) Unchanged	9 Employees (FTE) 2024: 9 ▲ 0.6 vs 2023 (8.4) Unchanged	9.5 Employees (FTE) 2025: 9.5 ▲ 0.5 vs 2024 (9) Unchanged	▲ 0.5

Key figures of MG CREATION, 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 MG CREATION?

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

Aug 31, 2026 New annual accounts for financial year 2025: profit of € 65,439 (▲ 186% vs 2024). filed late Source: NBB ↗
2025 CN PARTNERS became a director. NBB
Jan 24, 2011 New establishment in Grez-Doiceau. KBO
Jan 11, 2011 Incorporation, published in the Gazette. Source: Staatsblad ↗

In short

From € 14,278 profit in 2022 to € 65,439 profit in 2025.

Paid € 30,156 in corporate taxes since 2022.

Best year ever: 2025, with € 65,439 profit.

On average € 56,800 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

CN PARTNERS

MG CREATION

Behind MG CREATION is CN PARTNERS.

Directors

According to the 2025 annual accounts

CN PARTNERS

Director · represented by Charles Hurbain, Nathalie Van Pottelsberghe de la Potterie

since 2025

Establishments

Establishment units

Physical locations of this company

Registered office

Chaussée de Wavre 362

1390 Grez-Doiceau

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.

All companies at this address →

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+3 more

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

Shareholders according to the Official Gazette deeds

Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.

Incorporation

11 January 2011 Source: Deed ↗

MEERT Géraldine Francine Jeanne Paul(oprichter) 50%
TURINE Lionel(oprichter) 50%

Details

Company number

0832.557.928

VAT number

BE 0832.557.928

Registered office

Chaussée de Wavre 362, 1390 Grez-Doiceau

Names & denominations

MG CREATION

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

7 January 2011

Peppol

Active · Active since 21 Aug 2025

Activities · NACE

Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden

Eetgelegenheden met beperkte bediening

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

MG CREATION

Financials

What happened to MG CREATION?

Management

Directors

Establishments

Establishment units

Who else lives here?

Shareholders according to the Official Gazette deeds

Details

Frequently asked questions