Financials
Financial year 2025
Worth noting
- The team shrank two years in a row.
Revenue
€ 13.7 million
▼ 20% vs 2024
Profit
Growing€ 16.7 million
▲ 851% vs 2024
Debts
Low€ 212.9 million
▲ 52% vs 2024
MG Real Estate from Gent, company number BE0861589434, closed financial year 2025 with a result of € 16.7 million after tax. For that financial year MG Real Estate recorded revenue of € 13.7 million and equity of € 165.4 million. Compared with financial year 2024, the result moved from € 1.8 million to € 16.7 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.
What happened at MG Real Estate?
What happened at MG Real Estate in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Mea Vota One stepped down as director. NBB
- Mg Re Investment stepped down as director. NBB
- Scs stepped down as director. NBB
- Prodit stepped down as director. NBB
- Ayers Invest stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 16.7 million (▲ 851% vs 2024). Source: NBB ↗
- Mg Re Investment became a director. NBB
- Mea Vota One became a director. NBB
In short
From € 25 million profit in 2021 to € 16.7 million profit in 2025.
Paid € 4.3 million in corporate taxes since 2021.
Best year ever: 2021, with € 25 million profit.
Paid out € 20 million in dividends to the owners in total.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
The shares are held by Mg Re Invest S.A. (100%) and Ignace De Paepe (0%). It owns 100% of Cedrus, 100% of Sorbus Alia, 100% of Sasaella, 100% of Tilia Dila, 100% of Picea Pungens and 100% of Abies Alba Two itself.
Directors
According to the 2025 annual accounts
Director · represented by Anja Tackaert
Also active at: MG CITY STATION, Maple Land, Celtis Julianae +41 more
since 2022 · until 2028
Managing director · represented by Ignace De Paepe
Also active at: MG CITY STATION, PAULOWNIA, STASIMO +53 more
since 2024 · until 2028
Director · represented by Stacey Smits
Also active at: MG CITY STATION, Maple Land, Celtis Julianae +43 more
since 2022 · until 2028
Director · represented by Ignace Tytgat
Also active at: MG CITY STATION, STASIMO, Maple Land +47 more
since 2022 · until 2028
Director · represented by Karel Gielen
Also active at: CROP'S, LOWWOOD N.V., VH ASSET MANAGEMENT +6 more
since 2022 · until 2028
Shareholders
Mg Re Invest S.A.
100%
Ignace De Paepe
0%
Participations
100%
100%
100%
100%
100%
100%
100%
MG Projekter APS
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
99.9%
99.8%
98.8%
98.4%
94.2%
90%
90%
90%
90%
90%
90%
90%
90%
90%
90%
90%
90%
90%
75%
33.3%
19.4%
10%
1.9%
0.5%
0.2%
DP Real Estate SARL
MG Projects France
Establishments
Establishment units
Physical locations of this company
Esplanade Oscar Van de Voorde 1
9000 Gent
Bijlkenstraat 13
9850 Deinze
Active since 10 June 2016
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 80 companies are registered at this address.
VDL-INTERASS
€ 2.8 million gross margin · 2025
MG CITY STATION same network
€ 27,077 gross margin · 2025
PAULOWNIA same network
€ 2.7 million gross margin · 2025
STASIMO same network
€ -16,816 gross margin · 2025
NEVIMO
€ 2.8 million gross margin · 2025
+75 more
Details
- Company number
- 0861.589.434
- VAT number
- BE 0861.589.434
- Registered office
- Esplanade Oscar Van de Voorde 1, 9000 Gent
- Names & denominations
- MG Real Estate
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 November 2003
- Peppol
- Active · Active since 4 Jul 2025
- Activities · NACE
Ontwikkeling van niet-residentiële bouwprojecten
Activiteiten van holdings
Holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
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