Financials
Financial year 2024
MG RENOV from Charleroi, company number BE0873986727, closed financial year 2024 with a result of € 1,503 after tax. For that financial year MG RENOV recorded revenue of € 144,491 and equity of € 16,820. Compared with financial year 2023, the result moved from € -93 to € 1,503. 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 June 4, 2025.
€ 16,820
▲ 10% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,503
▲ still € 93 loss in 2023
Profit after tax over the fiscal year.
€ 16,329
▲ 268% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 9,220.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 4,350
▼ 40% vs 2023
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 7,489
▼ 48% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1,662
▼ 56% vs 2023
Loans from banks and other lenders, long and short.
€ 12,817
▼ 4% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 4,907
▲ 49% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 82,739 | € 153,786 | € 123,976 | € 144,491 | ▲ 17% |
| Gross margin | € 8,540 | € 31,529 | € 37,755 | € 20,244 | ▼ 46% |
| Profit after taxes | € 4,222 | € 6,745 | € -93 | € 1,503 | ▲ € 1,597 |
| Equity | € 8,665 | € 15,410 | € 15,316 | € 16,820 | ▲ 10% |
| Total debts | € 36,365 | € 59,746 | € 39,898 | € 68,009 | ▲ 70% |
| Cash | € 1,503 | € 23,308 | € 4,439 | € 16,329 | ▲ 268% |
| Retained profit | € 1,065 | € 7,810 | € 7,716 | € 9,220 | ▲ 19% |
| Bank debt | € 7,558 | € 5,719 | € 3,756 | € 1,662 | ▼ 56% |
| Balance sheet total | € 45,030 | € 75,156 | € 55,214 | € 84,829 | ▲ 54% |
Key figures of MG RENOV, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MG RENOV?
What happened at MG RENOV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 1,503. Source: NBB ↗
- Emmanuel Gallo became a director. NBB
- New establishment in Charleroi. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,222 profit in 2021 to € 1,503 profit in 2024.
Paid € 4,691 in corporate taxes since 2021.
Best year ever: 2022, with € 6,745 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 RENOV is Emmanuel Gallo. Emmanuel Gallo is also behind Immo Gallo.
Directors
According to the 2024 annual accounts
since 2021
Establishments
Establishment units
Physical locations of this company
Ruelle Saint Roch 15
6001 Charleroi
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0873.986.727
- VAT number
- BE 0873.986.727
- Registered office
- Ruelle Saint Roch 15, 6001 Charleroi
- Names & denominations
- MG RENOV
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 May 2005
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Restaureren van bouwwerken
Plaatsen van vloer- en wandtegels
Overige gespecialiseerde bouwwerkzaamheden