Financials
Financial year 2025
MGI PROJECTS from Mortsel, company number BE1003599513, closed financial year 2025 with a result of € 14,396 after tax. For that financial year MGI PROJECTS recorded a gross margin of € 28,740 and equity of € 37,922. Compared with financial year 2024, the result moved from € 21,525 to € 14,396. The company is profitable. 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 July 31, 2026.
€ 37,922
▲ 61% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,396
▼ 33% vs 2024
Profit after tax over the fiscal year.
€ 23,534
▲ 3% 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 € 35,922.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 17,843
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 16,462
▼ 28% vs 2024
€ 6,589 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 645
▲ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,426
▼ 9% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 34,286 | € 28,740 | ▼ 16% |
| Profit after taxes | € 21,525 | € 14,396 | ▼ 33% |
| Equity | € 23,525 | € 37,922 | ▲ 61% |
| Total debts | € 33,700 | € 28,182 | ▼ 16% |
| Cash | € 22,867 | € 23,534 | ▲ 3% |
| Retained profit | € 21,525 | € 35,922 | ▲ 67% |
| Bank debt | € 22,752 | € 16,462 | ▼ 28% |
| Balance sheet total | € 57,225 | € 66,104 | ▲ 16% |
Key figures of MGI PROJECTS, fiscal years 2024 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 MGI PROJECTS?
What happened at MGI PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,396 (▼ 33% vs 2024). Source: NBB ↗
- New establishment in Mortsel. KBO
- Start of the company according to the CBE. KBO
- Mathias Gillain became a director. NBB
In short
From € 21,525 profit in 2024 to € 14,396 profit in 2025.
Paid € 11,911 in corporate taxes since 2024.
Best year ever: 2024, with € 21,525 profit.
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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 MGI PROJECTS is Mathias Gillain.
Directors
According to the 2025 annual accounts
Mathias Gillain
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Selland 16
2640 Mortsel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1003.599.513
- VAT number
- BE 1003.599.513
- Registered office
- Selland 16, 2640 Mortsel
- Names & denominations
- MGI PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2023
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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