What does M.G. PROJECTS do?

M.G. PROJECTS is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 22 November 2006, 1 establishment.

What is the address of M.G. PROJECTS?

The registered office of M.G. PROJECTS is located at Esplanade Oscar Van de Voorde 1, 9000 Gent.

Is M.G. PROJECTS still active?

Yes. According to the CBE (29 October 2026) M.G. PROJECTS is active, legal situation “Normale toestand”, started on 22 November 2006.

Is M.G. PROJECTS registered on Peppol?

Yes, M.G. PROJECTS is registered on the Peppol network with ID 0208:0885445989.

What is the enterprise number of M.G. PROJECTS?

The enterprise number of M.G. PROJECTS is BE0885445989.

When was M.G. PROJECTS founded?

M.G. PROJECTS was founded on 22 November 2006.

Who are the directors of M.G. PROJECTS?

According to the 2025 annual accounts, the directors of M.G. PROJECTS are: Mea Vota One, Mg Re Investment, Scs, Prodit.

Is M.G. PROJECTS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 November 2006; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did M.G. PROJECTS make in 2025?

M.G. PROJECTS recorded a loss after taxes of € 219,687 in financial year 2025.

What is the revenue of M.G. PROJECTS?

As a small company, M.G. PROJECTS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -98,516.

M.G. PROJECTS (Public Limited) - Gent - BE0885445989

Dossier M.G. PROJECTS, printed on 29 October 2026 from databakkes.be/en/0885445989/m-g-projects. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

79 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

M.G. PROJECTS from Gent, company number BE0885445989, closed financial year 2025 with a result of € -219,686 after tax. For that financial year M.G. PROJECTS recorded a gross margin of € -98,516 and equity of € 115,579. Compared with financial year 2024, the result moved from € 344,035 to € -219,686. The company made a loss. The buffer shrank hard: equity is 66 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.

What it is worth Shrank hard

€ 115,579

▼ 66% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -219,686

▼ still € 344,035 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 26,140

▲ 38% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 53,579.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 525,930

▲ 19% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -71,775 Gross margin 2022: € -71,775 First fiscal year in the series	€ -112,633 Gross margin 2023: € -112,633 ▼ € 40,858 vs 2022 (€ -71,775) Unfavourable step	€ 316,107 Gross margin 2024: € 316,107 ▲ € 428,740 vs 2023 (€ -112,633) Favourable step	€ -98,516 Gross margin 2025: € -98,516 ▼ € 414,622 vs 2024 (€ 316,107) Unfavourable step	▼ € 414,622
Profit after taxes	€ -15,229 Profit after taxes 2022: € -15,229 First fiscal year in the series	€ -85,726 Profit after taxes 2023: € -85,726 ▼ € 70,497 vs 2022 (€ -15,229) Unfavourable step	€ 344,035 Profit after taxes 2024: € 344,035 ▲ € 429,761 vs 2023 (€ -85,726) Favourable step	€ -219,686 Profit after taxes 2025: € -219,686 ▼ € 563,722 vs 2024 (€ 344,035) Unfavourable step	▼ € 563,722
Equity	€ 76,956 Equity 2022: € 76,956 First fiscal year in the series	€ -8,769 Equity 2023: € -8,769 ▼ € 85,726 vs 2022 (€ 76,956) Unfavourable step	€ 335,266 Equity 2024: € 335,266 ▲ € 344,035 vs 2023 (€ -8,769) Favourable step	€ 115,579 Equity 2025: € 115,579 ▼ 66% vs 2024 (€ 335,266) Unfavourable step	▼ 66%
Total debts	€ 1,028,039 Total debts 2022: € 1,028,039 First fiscal year in the series	€ 783,516 Total debts 2023: € 783,516 ▼ 24% vs 2022 (€ 1,028,039) Favourable step	€ 440,671 Total debts 2024: € 440,671 ▼ 44% vs 2023 (€ 783,516) Favourable step	€ 525,930 Total debts 2025: € 525,930 ▲ 19% vs 2024 (€ 440,671) Unfavourable step	▲ 19%
Cash	€ 27,723 Cash 2022: € 27,723 First fiscal year in the series	€ 19,411 Cash 2023: € 19,411 ▼ 30% vs 2022 (€ 27,723) Unfavourable step	€ 18,992 Cash 2024: € 18,992 ▼ 2% vs 2023 (€ 19,411) Unfavourable step	€ 26,140 Cash 2025: € 26,140 ▲ 38% vs 2024 (€ 18,992) Favourable step	▲ 38%
Retained profit	€ 14,956 Retained profit 2022: € 14,956 First fiscal year in the series	€ -70,769 Retained profit 2023: € -70,769 ▼ € 85,726 vs 2022 (€ 14,956) Unfavourable step	€ 273,266 Retained profit 2024: € 273,266 ▲ € 344,035 vs 2023 (€ -70,769) Favourable step	€ 53,579 Retained profit 2025: € 53,579 ▼ 80% vs 2024 (€ 273,266) Unfavourable step	▼ 80%
Balance sheet total	€ 1,104,996 Balance sheet total 2022: € 1,104,996 First fiscal year in the series	€ 774,747 Balance sheet total 2023: € 774,747 ▼ 30% vs 2022 (€ 1,104,996) Unchanged	€ 775,937 Balance sheet total 2024: € 775,937 Unchanged (€ 774,747) Unchanged	€ 641,510 Balance sheet total 2025: € 641,510 ▼ 17% vs 2024 (€ 775,937) Unchanged	▼ 17%

Key figures of M.G. PROJECTS, 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.G. PROJECTS?

What happened at M.G. PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 Mea Vota One stepped down as director. NBB
2028 Mg Re Investment stepped down as director. NBB
2028 Scs stepped down as director. NBB
2028 Prodit stepped down as director. NBB
Jun 15, 2026 New annual accounts for financial year 2025: loss of € 219,687 (▼ € 563,722 vs 2024). Source: NBB ↗
2024 Mg Re Investment became a director. NBB
2022 Mea Vota One became a director. NBB
2022 Scs became a director. NBB

In short

From € 15,229 loss in 2022 to € 219,687 loss in 2025.

Best year ever: 2024, with € 344,035 profit.

Original PDFs at the National Bank ↗

Management

MG Real Estate NV 99.8%

Mg Re Invest S.A. 0.2%

M.G. PROJECTS

The shares are held by MG Real Estate NV (99.8%) and Mg Re Invest S.A. (0.2%).

Directors

According to the 2025 annual accounts

Mea Vota One

Director · represented by Anja Tackaert

Also active at: MG CITY STATION, Maple Land, Celtis Julianae, ABIES ALBA, DULLE GRIET GARDEN, SASAELLA, FAGIUS, PRUNUS +36 more

since 2022 · until 2028

Mg Re Investment

Managing director · represented by Ignace De Paepe

Also active at: MG CITY STATION, PAULOWNIA, STASIMO, Maple Land, Celtis Julianae, ABIES ALBA, Selas, DULLE GRIET GARDEN +48 more

since 2024 · until 2028

Scs

Director · represented by Stacey Smits

Also active at: MG CITY STATION, Maple Land, Celtis Julianae, ABIES ALBA, DULLE GRIET GARDEN, SASAELLA, FAGIUS, PRUNUS +38 more

since 2022 · until 2028

Prodit

Director · represented by Ignace Tytgat

Also active at: MG CITY STATION, STASIMO, Maple Land, Celtis Julianae, ABIES ALBA, DULLE GRIET GARDEN, SASAELLA, FAGIUS +42 more

since 2022 · until 2028

Shareholders

MG Real Estate NV

99.8%

Mg Re Invest S.A.

0.2%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Esplanade Oscar Van de Voorde 1

9000 Gent

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 79 companies are registered at this address.

All companies at this address →

VDL-INTERASS

€ 2.8 million gross margin · 2025

MG CITY STATION same network

€ 27,077 gross margin · 2025

PAULOWNIA same network

€ 2.7 million gross margin · 2025

STASIMO same network

€ -16,816 gross margin · 2025

NEVIMO

€ 2.8 million gross margin · 2025

+74 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

0885.445.989

VAT number

BE 0885.445.989

Registered office

Esplanade Oscar Van de Voorde 1, 9000 Gent

Names & denominations

M.G. PROJECTS

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

22 November 2006

Peppol

Active · Active since 26 Aug 2025

Activities · NACE

Activiteiten van holdings

Holdings

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Overige zakelijke dienstverlening, neg

Handel in eigen onroerend goed

Managementactiviteiten van holdings

Overige adviesbureaus op het gebied van bedrijfsvoering en beheer

View on CBE Public ↗ Annual accounts (NBB) ↗

M.G. PROJECTS

Warning lights

Financials

What happened to M.G. PROJECTS?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions