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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
70 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MGA ENTERTAINMENT BELGIUM from Antwerpen, company number BE0878502274, closed financial year 2025 with a result of € 1 million after tax. For that financial year MGA ENTERTAINMENT BELGIUM recorded revenue of € 43.1 million and equity of € 9.3 million. Compared with financial year 2024, the result moved from € 1.2 million to € 1 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 5, 2026.
€ 9.3 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
▼ 13% vs 2024
Profit after tax over the fiscal year.
€ 3.7 million
▼ 29% 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 € 9.3 million.
People and assets in 2025
3.9
Average over the fiscal year, from the social balance sheet.
€ 576,436
▼ 70% vs 2024
€ 147,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 41.9 million
▲ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 364 days on average.
€ 494,315
▲ 236% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 73,275,741 | € 53,333,407 | € 46,479,788 | € 43,105,180 | ▼ 7% |
| Profit after taxes | € 2,854,660 | € 1,180,849 | € 1,161,562 | € 1,011,847 | ▼ 13% |
| Equity | € 5,916,265 | € 7,097,114 | € 8,258,676 | € 9,270,524 | ▲ 12% |
| Total debts | € 43,686,984 | € 30,680,128 | € 30,437,771 | € 43,547,848 | ▲ 43% |
| Cash | € 12,837,277 | € 5,230,050 | € 5,175,478 | € 3,670,225 | ▼ 29% |
| Retained profit | € 5,897,715 | € 7,078,564 | € 8,240,126 | € 9,251,974 | ▲ 12% |
| Balance sheet total | € 49,603,249 | € 37,777,243 | € 38,696,447 | € 52,818,371 | ▲ 36% |
| Employees (FTE) | 3.2 | 3.9 | 3.9 | 3.9 |
Key figures of MGA ENTERTAINMENT BELGIUM, 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 MGA ENTERTAINMENT BELGIUM?
What happened at MGA ENTERTAINMENT BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1 million (▼ 13% vs 2024). filed late Source: NBB ↗
- Isaac Larian became a director. NBB
- Elizabeth Risha became a director. NBB
- New establishment in Antwerpen. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 2.9 million profit in 2022 to € 1 million profit in 2025.
Paid € 2.4 million in corporate taxes since 2022.
Best year ever: 2022, with € 2.9 million profit.
Management
Behind MGA ENTERTAINMENT BELGIUM are Isaac Larian and Elizabeth Risha.
Directors
According to the 2025 annual accounts
Isaac Larian
Director
since 2023
Elizabeth Risha
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Quellinstraat 49
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 70 companies are registered at this address.
All companies at this address →Tio
€ 5,236 gross margin · 2024
AGU BELGIE
€ 253,094 revenue · 2024
QAD EUROPE
€ 3.7 million gross margin · 2026
WATS
€ 1.3 million revenue · 2025
FRANCOTYP - POSTALIA
€ 347,675 gross margin · 2025
+65 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- MGA Entertainment Inc.(oprichter) 100%
Details
- Company number
- 0878.502.274
- VAT number
- BE 0878.502.274
- Registered office
- Quellinstraat 49, 2018 Antwerpen
- Names & denominations
- MGA ENTERTAINMENT BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 January 2006
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
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