Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
24 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BE MG from Elsene, company number BE0879865818, closed financial year 2025 with a result of € 8,569 after tax. For that financial year BE MG recorded a gross margin of € 26,280 and equity of € 44,648. Compared with financial year 2024, the result moved from € 15,238 to € 8,569. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 4, 2026.
€ 44,648
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,569
▼ 44% vs 2024
Profit after tax over the fiscal year.
€ 58,667
▼ 19% 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 € 26,048.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,755
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 164,700
▲ € 159,639 vs 2024
€ 18,867 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 28,027
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,059
▼ 11% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 14,721 | € 35,435 | € 32,328 | € 26,280 | ▼ 19% |
| Profit after taxes | € 1,844 | € 14,565 | € 15,238 | € 8,569 | ▼ 44% |
| Equity | € 6,276 | € 20,841 | € 36,079 | € 44,648 | ▲ 24% |
| Total debts | € 41,093 | € 90,685 | € 103,200 | € 291,207 | ▲ 182% |
| Cash | € 9,833 | € 948 | € 72,648 | € 58,667 | ▼ 19% |
| Land & buildings | - | - | € 24,201 | € 19,941 | ▼ 18% |
| Retained profit | € -12,324 | € 2,241 | € 17,479 | € 26,048 | ▲ 49% |
| Bank debt | € 32,478 | € 17,987 | € 5,061 | € 164,700 | ▲ € 159,639 |
| Balance sheet total | € 47,369 | € 111,526 | € 139,279 | € 335,855 | ▲ 141% |
Key figures of BE MG, 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 BE MG?
What happened at BE MG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8,569 (▼ 44% vs 2024). Source: NBB ↗
- Michael Gunel became a director. NBB
- New establishment in Zaventem. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,844 profit in 2022 to € 8,569 profit in 2025.
Paid € 27,281 in corporate taxes since 2022.
Best year ever: 2024, with € 15,238 profit.
A new publication or filing at BE MG? 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 BE MG is Michael Gunel . It owns 10% of SYNFAC itself.
Directors
According to the 2025 annual accounts
since 2014
Establishments
Establishment units
Physical locations of this company
Louizalaan 347 box 6
1050 Elsene
Lange Wagenstraat 42
1932 Zaventem
Active since 1 April 2006
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 24 companies are registered at this address.
All companies at this address →BEAUTY INTERNATIONAL
€ 297,470 revenue · 2025
SILVER TREE INT.
€ 609,229 revenue · 2024
PHITORIA
€ 100,741 gross margin · 2025
EURO DEFI
CENTRE VAN BEVER
€ 192,177 gross margin · 2025
+19 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0879.865.818
- VAT number
- BE 0879.865.818
- Registered office
- Louizalaan 347 bus 6, 1050 Elsene
- Names & denominations
- BE MG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 March 2006
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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