Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MarGau from Brussel, company number BE0879000835, closed financial year 2025 with a result of € -25,614 after tax. For that financial year MarGau recorded a gross margin of € 1,749 and equity of € -74,035. Compared with financial year 2024, the result moved from € -15,394 to € -25,614. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 22, 2025.
€ -74,035
▼ € 25,614 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,614
▼ 66 % more loss than in 2024
Profit after tax over the fiscal year.
€ 50
▲ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -80,235.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 9,016
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 109,067
▼ 9% vs 2024
€ 11,198 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 26,750 | € 19,063 | € 40,218 | - | |
| Gross margin | € -5,077 | € -9,181 | € -3,303 | € 1,749 | ▲ € 5,053 |
| Profit after taxes | € -17,840 | € -21,534 | € -15,394 | € -25,614 | ▼ € 10,220 |
| Equity | € -11,493 | € -33,027 | € -48,421 | € -74,035 | ▼ € 25,614 |
| Total debts | € 194,330 | € 224,499 | € 243,258 | € 249,067 | ▲ 2% |
| Cash | € 2,763 | € 290 | € 36 | € 50 | ▲ 38% |
| Land & buildings | € 173,230 | € 169,254 | € 165,279 | € 161,303 | ▼ 2% |
| Retained profit | € -17,693 | € -39,227 | € -54,621 | € -80,235 | ▼ € 25,614 |
| Bank debt | € 142,106 | € 130,716 | € 120,339 | € 109,067 | ▼ 9% |
| Balance sheet total | € 182,837 | € 191,472 | € 194,837 | € 175,032 | ▼ 10% |
Key figures of MarGau, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MarGau?
What happened at MarGau in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 25,614. Source: NBB ↗
- Gauthier VANREEPINGHEN became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Ukkel. KBO
In short
From € 17,840 loss in 2022 to € 25,614 loss in 2025.
Paid € 1,747 in corporate taxes since 2022.
A new publication or filing at MarGau? 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
Behind MarGau is Gauthier VANREEPINGHEN.
Directors
According to the 2025 annual accounts
Gauthier VANREEPINGHEN
Administrator-manager
since 2006
Establishments
Establishment units
Physical locations of this company
Louizalaan 231
1050 Brussel
Geleytsbeekstraat 75
1180 Ukkel
Active since 18 January 2006
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0879.000.835
- VAT number
- BE 0879.000.835
- Registered office
- Louizalaan 231, 1050 Brussel
- Names & denominations
- MarGau
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 January 2006
- Peppol
- Active · Active since 12 Jan 2026
- Contact
- [email protected]
- Activities · NACE
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Activiteiten van holdings
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