Warning lights
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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
M-GIOIA from Bernissart, company number BE0890404768, closed financial year 2025 with a result of € -411 after tax. For that financial year M-GIOIA recorded a gross margin of € 11,905 and equity of € 98,487. Compared with financial year 2024, the result moved from € -1,688 to € -411. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 98,487
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -411
▲ 76 % less loss than in 2024
Profit after tax over the fiscal year.
€ 36,968
▲ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 86,087.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,902
▲ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 480
▼ 50% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 31,398 | € 14,682 | € 14,154 | € 11,905 | ▼ 16% |
| Profit after taxes | € 11,057 | € 2,606 | € -1,688 | € -411 | ▲ € 1,277 |
| Equity | € 99,639 | € 101,445 | € 99,757 | € 98,487 | ▼ 1% |
| Total debts | € 119,250 | € 112,472 | € 122,693 | € 126,406 | ▲ 3% |
| Cash | € 11,693 | € 12,279 | € 19,876 | € 36,968 | ▲ 86% |
| Land & buildings | € 199,177 | € 190,069 | € 180,961 | € 171,853 | ▼ 5% |
| Retained profit | € 87,239 | € 89,045 | € 87,357 | € 86,087 | ▼ 1% |
| Dividend | € 800 | € 800 | € 0 | € 859 | |
| Balance sheet total | € 218,889 | € 213,917 | € 222,449 | € 224,893 | ▲ 1% |
Key figures of M-GIOIA, 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-GIOIA?
What happened at M-GIOIA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 411. Source: NBB ↗
- New establishment in Bernissart. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,057 profit in 2022 to € 411 loss in 2025.
Paid € 14,331 in corporate taxes since 2022.
Best year ever: 2022, with € 11,057 profit.
Paid out € 2,459 in dividends to the owners in total.
Management
Behind M-GIOIA is FRANCIS DE FEO.
Directors
According to the 2025 annual accounts
FRANCIS DE FEO
Director
Establishments
Establishment units
Physical locations of this company
Route de Mons(V.P) 40
7322 Bernissart
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0890.404.768
- VAT number
- BE 0890.404.768
- Registered office
- Route de Mons(V.P) 40, 7322 Bernissart
- Names & denominations
- M-GIOIA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 June 2007
- Peppol
- Not registered