Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MGTITECH from Namur, company number BE0836969250, closed financial year 2025 with a result of € 212 after tax. For that financial year MGTITECH recorded a gross margin of € -4,770 and equity of € -15,417. Compared with financial year 2024, the result moved from € -39 to € 212. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ -15,417
▲ € 212 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 212
▲ still € 39 loss in 2024
Profit after tax over the fiscal year.
€ 143,956
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -33,967.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 785
▼ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -5,575 | € 3,756 | € 1,546 | € -4,770 | ▼ € 6,316 |
| Profit after taxes | € 71,424 | € 9,950 | € -39 | € 212 | ▲ € 251 |
| Equity | € -25,539 | € -15,589 | € -15,628 | € -15,417 | ▲ € 212 |
| Total debts | € 260,969 | € 271,448 | € 268,698 | € 269,505 | |
| Cash | € 121,199 | € 143,168 | € 144,498 | € 143,956 | |
| Retained profit | € -44,089 | € -34,139 | € -34,178 | € -33,967 | ▲ € 212 |
| Balance sheet total | € 235,430 | € 255,859 | € 253,069 | € 254,088 |
Key figures of MGTITECH, 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 MGTITECH?
What happened at MGTITECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 212. filed late Source: NBB ↗
- New establishment in Namur. KBO
- Start of the company according to the CBE. KBO
- OLIVIER SCHYNS became a director. NBB
In short
From € 71,424 profit in 2022 to € 212 profit in 2025.
Paid € 531 in corporate taxes since 2022.
Best year ever: 2022, with € 71,424 profit.
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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
Directors
According to the 2025 annual accounts
OLIVIER SCHYNS
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Rue Bois de Wellenne(JB) 20
5100 Namur
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0836.969.250
- VAT number
- BE 0836.969.250
- Registered office
- Rue Bois de Wellenne(JB) 20, 5100 Namur
- Names & denominations
- MGTITECH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 June 2011
- Peppol
- Active · Active since 3 Jan 2026
- Activities · NACE
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