Financials
Financial year 2025
M.S.G.M. from Wavre, company number BE0875871495, closed financial year 2025 with a result of € 76,107 after tax. For that financial year M.S.G.M. recorded a gross margin of € 359,741 and equity of € 516,238. Compared with financial year 2024, the result moved from € 37,950 to € 76,107. 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 July 2, 2026.
€ 516,238
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 76,107
▲ 101% vs 2024
Profit after tax over the fiscal year.
€ 680,622
▲ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 153,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 215,153
▼ 23% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,322
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 626,640
▲ € 597,605 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 84,107
▲ 85% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 361,502 | € 470,031 | € 391,905 | € 359,741 | ▼ 8% |
| Profit after taxes | € 45,358 | € 70,599 | € 37,950 | € 76,107 | ▲ 101% |
| Equity | € 495,415 | € 556,014 | € 593,131 | € 516,238 | ▼ 13% |
| Total debts | € 273,848 | € 257,603 | € 77,047 | € 757,027 | ▲ € 679,980 |
| Cash | € 567,495 | € 626,564 | € 610,918 | € 680,622 | ▲ 11% |
| Retained profit | € 489,215 | € 549,814 | € 586,931 | € 510,038 | ▼ 13% |
| Dividend | € 7,143 | € 10,000 | € 833 | € 153,000 | ▲ € 152,167 |
| Bank debt | € 3,786 | € 1,121 | € 0 | € 0 | |
| Balance sheet total | € 769,263 | € 813,617 | € 670,179 | € 1,273,266 | ▲ 90% |
| Employees (FTE) | 13 | 11.5 | 8.8 | - |
Key figures of M.S.G.M., 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 M.S.G.M.?
What happened at M.S.G.M. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 76,107 (▲ 101% vs 2024). Source: NBB ↗
- New establishment in Rixensart. KBO
- GAETANO FAVERO became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 45,358 profit in 2022 to € 76,107 profit in 2025.
Paid € 141,539 in corporate taxes since 2022.
Best year ever: 2025, with € 76,107 profit.
On average € 44,500 of value added per employee in 2024.
A new publication or filing at M.S.G.M.? We notify you, reason included.
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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
GAETANO FAVERO
Director
since 2008
Establishments
Establishment units
Physical locations of this company
Voie Maréchal Grouchy 10
1300 Wavre
Avenue John Kennedy 1
1330 Rixensart
Active since 16 July 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0875.871.495
- VAT number
- BE 0875.871.495
- Registered office
- Voie Maréchal Grouchy 10, 1300 Wavre
- Names & denominations
- M.S.G.M.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 September 2005
- Peppol
- Active · Active since 19 Nov 2025
- Activities · NACE
Detailhandel in motorbrandstoffen
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Detailhandel in bloemen, planten, zaden en kunstmeststoffen
Detailhandel in tabaksproducten
Fastfoodzaken, snackbars, frituren en dergelijke
Gespecialiseerde detailhandel in bloemen en planten, zaden en kunstmeststoffen
Eetgelegenheden met beperkte bediening