Active · per the CBE, 16 September 2026

M.G. BUILD

BE0899650155

Rechtspersoon Private limited company 2 establishments

M.G. BUILD is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Private Limited, started on 5 August 2008, 2 establishments.

Esplanade Oscar Van de Voorde 1, 9000 Gent

Behind the company: Ignace De Paepe.

Active for

18 year, 1 month

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. BUILD from Gent, company number BE0899650155, closed financial year 2025 with a result of € -28,495 after tax. For that financial year M.G. BUILD recorded a gross margin of € 2.2 million and equity of € 289,584. Compared with financial year 2024, the result moved from € 123,924 to € -28,495. The company made a loss. The company holds a healthy buffer. 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 Healthy

€ 289,584

▼ 9% vs 2024

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

Loss Caution

€ -28,495

▼ still € 123,924 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 554,150

▲ 188% 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 € 270,984.

People and assets in 2025

Full-time equivalents

13.3

▲ 1.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.9 million

▲ 4% vs 2024

€ 140,200 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.

Vehicles and equipment

€ 13,697

▼ 20% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

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

Owed to suppliers

€ 137,234

▲ 13% vs 2024

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

Taxes and wages

€ 556,991

▲ 30% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 1,901,524 € 2,182,170 € 2,119,134 € 2,151,486 ▲ 2%
Profit after taxes € 23,819 € 41,394 € 123,924 € -28,495 ▼ € 152,419
Equity € 152,761 € 194,154 € 318,078 € 289,584 ▼ 9%
Total debts € 1,032,370 € 1,107,165 € 941,714 € 847,741 ▼ 10%
Cash € 352,202 € 1,065,058 € 192,678 € 554,150 ▲ 188%
Retained profit € 134,161 € 175,554 € 299,478 € 270,984 ▼ 10%
Balance sheet total € 1,185,130 € 1,301,319 € 1,259,793 € 1,137,325 ▼ 10%
Employees (FTE) 15.1 15.7 12.1 13.3 ▲ 1.2

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

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

  • New annual accounts for financial year 2025: loss of € 28,495 (▼ € 152,419 vs 2024). Source: NBB ↗
  • New establishment in Gent. KBO
  • New establishment in Deinze. KBO
  • Start of the company according to the CBE. KBO

In short

From € 23,819 profit in 2022 to € 28,495 loss in 2025.

Paid € 547,699 in corporate taxes since 2022.

Best year ever: 2024, with € 123,924 profit.

On average € 161,800 of value added per employee in 2025.

Original PDFs at the National Bank ↗

A new publication or filing at M.G. BUILD? We notify you, reason included.

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My folder 3 companies
  • 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
Real filings at the National Bank

Management

Mg Re Invest S.A. 99.5%
MG Real Estate NV 0.5%
M.G. BUILD

Behind M.G. BUILD is Ignace De Paepe. The shares are held by Mg Re Invest S.A. (99.5%) and MG Real Estate NV (0.5%).

See the full network in the app

Directors

According to the 2025 annual accounts

Ignace De Paepe

Director

Owns 0% via MG Real Estate NV

Also active at: MG CITY STATION, PAULOWNIA, STASIMO, NEVIMO, Maple Land, Celtis Julianae, ABIES ALBA, DULLE GRIET GARDEN +59 more

Shareholders

Mg Re Invest S.A.

99.5%

MG Real Estate NV · holding of Ignace De Paepe

0.5%

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

2.173.639.346

Bijlkenstraat 13

9850 Deinze

Active since 15 October 2008

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 same network

€ 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
0899.650.155
VAT number
BE 0899.650.155
Registered office
Esplanade Oscar Van de Voorde 1, 9000 Gent
Names & denominations
M.G. BUILD
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
5 August 2008
Peppol
Active · Active since 26 Aug 2025
Activities · NACE

Ontwikkeling van residentiële bouwprojecten

Activiteiten van bouwarchitecten

Activiteiten van holdings

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Handel in eigen onroerend goed

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

Frequently asked questions

What does M.G. BUILD do?
M.G. BUILD is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Private Limited, started on 5 August 2008, 2 establishments.
What is the address of M.G. BUILD?
The registered office of M.G. BUILD is located at Esplanade Oscar Van de Voorde 1, 9000 Gent.
Is M.G. BUILD still active?
Yes. According to the CBE (16 September 2026) M.G. BUILD is active, legal situation “Normale toestand”, started on 5 August 2008.
Is M.G. BUILD registered on Peppol?
Yes, M.G. BUILD is registered on the Peppol network with ID 0208:0899650155.
What is the enterprise number of M.G. BUILD?
The enterprise number of M.G. BUILD is BE0899650155.
When was M.G. BUILD founded?
M.G. BUILD was founded on 5 August 2008.