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 56 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
79 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MG SERVICES from Gent, company number BE0888065880, closed financial year 2025 with a result of € 504,608 after tax. For that financial year MG SERVICES recorded a gross margin of € 1.2 million and equity of € 4.5 million. Compared with financial year 2024, the result moved from € 13,869 to € 504,608. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 4.5 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 504,608
▲ € 490,739 vs 2024
Profit after tax over the fiscal year.
€ 151,469
▲ 177% 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 € 1.5 million.
People and assets in 2025
3.2
▲ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 317,934
▲ 106% vs 2024
€ 99,400 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.
€ 1,024
▼ 54% 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.
€ 45,653
▲ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 391,021
▲ € 355,017 vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 252,972 | € 405,524 | € 341,914 | € 1,164,600 | ▲ 241% |
| Profit after taxes | € 44,891 | € 93,067 | € 13,869 | € 504,608 | ▲ € 490,739 |
| Equity | € 3,931,327 | € 4,024,394 | € 4,038,263 | € 4,542,871 | ▲ 12% |
| Total debts | € 3,371,268 | € 3,205,227 | € 2,862,353 | € 3,354,158 | ▲ 17% |
| Cash | € 156,893 | € 387,972 | € 54,766 | € 151,469 | ▲ 177% |
| Retained profit | € 893,327 | € 986,394 | € 1,000,263 | € 1,504,871 | ▲ 50% |
| Balance sheet total | € 7,302,594 | € 7,229,621 | € 6,900,615 | € 7,897,029 | ▲ 14% |
| Employees (FTE) | 1 | 1 | 1.3 | 3.2 | ▲ 1.9 |
Key figures of MG SERVICES, 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 MG SERVICES?
What happened at MG SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Mea Vota One stepped down as director. NBB
- Mg Re Investment stepped down as director. NBB
- Scs stepped down as director. NBB
- Prodit stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 504,608 (▲ € 490,739 vs 2024). Source: NBB ↗
- Mg Re Investment became a director. NBB
- Mea Vota One became a director. NBB
- Scs became a director. NBB
In short
From € 44,891 profit in 2022 to € 504,608 profit in 2025.
Paid € 281,287 in corporate taxes since 2022.
Best year ever: 2025, with € 504,608 profit.
On average € 363,900 of value added per employee in 2025.
A new publication or filing at MG SERVICES? We notify you, reason included.
Follow MG SERVICESDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
The shares are held by MG Real Estate NV (98.4%) and Mg Re Invest S.A. (1.6%). It owns 99.8% of MG Mobi, 99.5% of Weigela and 99.4% of Rhamnus itself.
Directors
According to the 2025 annual accounts
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
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
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
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
98.4%
Mg Re Invest S.A.
1.6%
Establishments
Establishment units
Physical locations of this company
Esplanade Oscar Van de Voorde 1
9000 Gent
Bijlkenstraat 13
9850 Deinze
Active since 1 September 2021
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
- 0888.065.880
- VAT number
- BE 0888.065.880
- Registered office
- Esplanade Oscar Van de Voorde 1, 9000 Gent
- Names & denominations
- MG SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 March 2007
- Peppol
- Active · Active since 26 Aug 2025
- Activities · NACE
Activiteiten van syndici van onroerend goed
Handel in eigen onroerend goed
Overige vrachtbehandeling
Activiteiten van holdings
Overige vrachtbehandeling, exclusief in zeehavens
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
Managementactiviteiten van holdings
+2