Financials
Financial year 2025
MGL from Profondeville, company number BE0861864992, closed financial year 2025 with a result of € 14,275 after tax. For that financial year MGL recorded a gross margin of € 68,337 and equity of € 706,639. Compared with financial year 2024, the result moved from € 616,171 to € 14,275. The company is profitable. 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 August 26, 2026.
€ 706,639
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,275
▼ 98% vs 2024
Profit after tax over the fiscal year.
€ 19,186
▼ 98% 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 € 706,639.
People and assets in 2025
€ 3,407
▲ 34% vs 2024
Of which on lease € 1,082.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 82,141
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,633
▲ 62% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 143,389 | € 51,373 | € 969,483 | € 68,337 | ▼ 93% |
| Profit after taxes | € 34,036 | € -79,593 | € 616,171 | € 14,275 | ▼ 98% |
| Equity | € 155,786 | € 76,193 | € 692,364 | € 706,639 | ▲ 2% |
| Total debts | € 410,543 | € 407,569 | € 297,448 | € 95,773 | ▼ 68% |
| Cash | - | € 5,358 | € 776,721 | € 19,186 | ▼ 98% |
| Land & buildings | € 344,973 | € 309,516 | - | - | |
| Retained profit | € 137,186 | € 76,193 | € 692,364 | € 706,639 | ▲ 2% |
| Bank debt | € 302,238 | € 227,484 | € 0 | € 0 | |
| Balance sheet total | € 566,330 | € 483,762 | € 989,812 | € 802,412 | ▼ 19% |
Key figures of MGL, 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 MGL?
What happened at MGL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,275 (▼ 98% vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Profondeville. KBO
- BENOIT LIEGEOIS became a director. NBB
In short
From € 34,036 profit in 2022 to € 14,275 profit in 2025.
Paid € 183,290 in corporate taxes since 2022.
Best year ever: 2024, with € 616,171 profit.
Management
Behind MGL is BENOIT LIEGEOIS.
Directors
According to the 2025 annual accounts
BENOIT LIEGEOIS
Manager
since 2003
Establishments
Establishment units
Physical locations of this company
Rue Gaston Ragon(B.V.) 19
5170 Profondeville
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0861.864.992
- VAT number
- BE 0861.864.992
- Registered office
- Rue Gaston Ragon(B.V.) 19, 5170 Profondeville
- Names & denominations
- MGL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 November 2003
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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