Financials
Financial year 2025
MG SANITEC from Lille, company number BE0869900849, closed financial year 2025 with a result of € 20,489 after tax. For that financial year MG SANITEC recorded a gross margin of € 32,001 and equity of € 233,630. Compared with financial year 2024, the result moved from € 48,760 to € 20,489. 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 June 17, 2026.
€ 233,630
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,489
▼ 58% vs 2024
Profit after tax over the fiscal year.
€ 108,229
▲ 37% 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 € 213,170.
People and assets in 2025
€ 81,932
▼ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 11,719
▼ 56% vs 2024
Loans from banks and other lenders, long and short.
€ 1,917
▼ 37% 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 | € 68,581 | € 16,885 | € 92,058 | € 32,001 | ▼ 65% |
| Profit after taxes | € 35,054 | € 3,857 | € 48,760 | € 20,489 | ▼ 58% |
| Equity | € 160,524 | € 164,380 | € 213,141 | € 233,630 | ▲ 10% |
| Total debts | € 34,320 | € 18,235 | € 39,915 | € 13,636 | ▼ 66% |
| Cash | € 57,211 | € 66,215 | € 79,281 | € 108,229 | ▲ 37% |
| Land & buildings | - | - | - | € 11,773 | |
| Retained profit | € 140,064 | € 143,920 | € 192,681 | € 213,170 | ▲ 11% |
| Bank debt | € 0 | € 0 | € 26,372 | € 11,719 | ▼ 56% |
| Balance sheet total | € 194,844 | € 182,615 | € 253,055 | € 247,266 | ▼ 2% |
Key figures of MG SANITEC, 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 SANITEC?
What happened at MG SANITEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,489 (▼ 58% vs 2024). Source: NBB ↗
- Geert Maeyninckx became a director. NBB
- Kim Geudens became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Lille. KBO
In short
From € 35,054 profit in 2022 to € 20,489 profit in 2025.
Paid € 27,845 in corporate taxes since 2022.
Best year ever: 2024, with € 48,760 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
Behind MG SANITEC are Geert Maeyninckx and Kim Geudens.
Directors
According to the 2025 annual accounts
Geert Maeyninckx
bestuurder
since 2021
Kim Geudens
bestuurder
since 2021
Establishments
Establishment units
Physical locations of this company
Boskapelstraat 96
2275 Lille
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0869.900.849
- VAT number
- BE 0869.900.849
- Registered office
- Boskapelstraat 96, 2275 Lille
- Names & denominations
- MG SANITEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 November 2004
- Peppol
- Active · Active since 12 Sept 2025
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Installatie van verwarming, klimaatregeling en ventilatie
Sanitaire werkzaamheden
Overig loodgieterswerk