What does MgM PROJECTS do?

MgM PROJECTS is a management company in Heusden-Zolder. Private Limited, started on 1 March 2024, 1 establishment.

What is the address of MgM PROJECTS?

The registered office of MgM PROJECTS is located at Hoekstraat 49, 3550 Heusden-Zolder.

Is MgM PROJECTS still active?

Yes. According to the CBE (2 November 2026) MgM PROJECTS is active, legal situation “Normale toestand”, started on 1 March 2024.

Is MgM PROJECTS registered on Peppol?

Yes, MgM PROJECTS is registered on the Peppol network with ID 0208:1006678767.

What is the enterprise number of MgM PROJECTS?

The enterprise number of MgM PROJECTS is BE1006678767.

When was MgM PROJECTS founded?

MgM PROJECTS was founded on 1 March 2024.

Who are the directors of MgM PROJECTS?

According to the 2025 annual accounts, the directors of MgM PROJECTS are: Giel Morren.

Is MgM PROJECTS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 March 2024; 2 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 1 events from the Belgian Official Gazette processed.

How much profit did MgM PROJECTS make in 2025?

MgM PROJECTS posted a profit after taxes of € 43,676 in financial year 2025.

What is the revenue of MgM PROJECTS?

As a small company, MgM PROJECTS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 65,402.

MgM PROJECTS (Private Limited) - Heusden-Zolder

Dossier MgM PROJECTS, printed on 2 November 2026 from databakkes.be/en/1006678767/mgm-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.

Tight liquidity NBB

Cash and receivables cover 43 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MgM PROJECTS from Heusden-Zolder, company number BE1006678767, closed financial year 2025 with a result of € 43,676 after tax. For that financial year MgM PROJECTS recorded a gross margin of € 65,402 and equity of € 65,131. Compared with financial year 2024, the result moved from € 16,455 to € 43,676. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.

What it is worth Growing

€ 65,131

▲ 204% vs 2024

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

Profit Growing

€ 43,676

▲ 165% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 54,228

▲ 112% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 60,131.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 139,512

€ 34,293 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 1,632

▼ 11% vs 2024

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

Taxes and wages

€ 17,464

▲ 165% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2024	2025	Change 2024 → 2025
Gross margin	€ 21,302 Gross margin 2024: € 21,302 First fiscal year in the series	€ 65,402 Gross margin 2025: € 65,402 ▲ 207% vs 2024 (€ 21,302) Favourable step	▲ 207%
Profit after taxes	€ 16,455 Profit after taxes 2024: € 16,455 First fiscal year in the series	€ 43,676 Profit after taxes 2025: € 43,676 ▲ 165% vs 2024 (€ 16,455) Favourable step	▲ 165%
Equity	€ 21,455 Equity 2024: € 21,455 First fiscal year in the series	€ 65,131 Equity 2025: € 65,131 ▲ 204% vs 2024 (€ 21,455) Favourable step	▲ 204%
Total debts	€ 9,406 Total debts 2024: € 9,406 First fiscal year in the series	€ 231,510 Total debts 2025: € 231,510 ▲ € 222,104 vs 2024 (€ 9,406) Unfavourable step	▲ € 222,104
Cash	€ 25,609 Cash 2024: € 25,609 First fiscal year in the series	€ 54,228 Cash 2025: € 54,228 ▲ 112% vs 2024 (€ 25,609) Favourable step	▲ 112%
Retained profit	€ 16,455 Retained profit 2024: € 16,455 First fiscal year in the series	€ 60,131 Retained profit 2025: € 60,131 ▲ 265% vs 2024 (€ 16,455) Favourable step	▲ 265%
Bank debt	€ 0 Bank debt 2024: € 0 First fiscal year in the series	€ 139,512 Bank debt 2025: € 139,512 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 30,860 Balance sheet total 2024: € 30,860 First fiscal year in the series	€ 296,640 Balance sheet total 2025: € 296,640 ▲ € 265,780 vs 2024 (€ 30,860) Unchanged	▲ € 265,780

Key figures of MgM 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 MgM PROJECTS?

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

Jun 24, 2026 New annual accounts for financial year 2025: profit of € 43,676 (▲ 165% vs 2024). Source: NBB ↗
Mar 5, 2024 Incorporation, published in the Gazette. Source: Staatsblad ↗
Mar 1, 2024 New establishment in Heusden-Zolder. KBO
2024 Giel Morren became a director. NBB

In short

From € 16,455 profit in 2024 to € 43,676 profit in 2025.

Paid € 20,534 in corporate taxes since 2024.

Best year ever: 2025, with € 43,676 profit.

Original PDFs at the National Bank ↗

Management

Giel Morren

MgM PROJECTS

VAMO 48%

Behind MgM PROJECTS is Giel Morren. It owns 48% of VAMO itself.

Directors

According to the 2025 annual accounts

Giel Morren

Director

Also active at: Vamo

since 2024

Establishments

Establishment units

Physical locations of this company

Registered office

Hoekstraat 49

3550 Heusden-Zolder

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 →

ADDINENCO

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Shareholders according to the Official Gazette deeds

Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.

Incorporation

5 March 2024 Source: Deed ↗

MORREN Giel(oprichter) 100%

Details

Company number

1006.678.767

VAT number

BE 1006.678.767

Registered office

Hoekstraat 49, 3550 Heusden-Zolder

Names & denominations

MgM PROJECTS

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

1 March 2024

Peppol

Active · Active since 23 May 2025

Activities · NACE

Activiteiten van hoofdkantoren

Administratieve en ondersteunende activiteiten ten behoeve van kantoren

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen

Overige zakelijke dienstverlening, neg

Activiteiten van adviesbureaus op het gebied van public relations en communicatie

Adviesbureaus op het gebied van public relations en communicatie

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

View on CBE Public ↗ Annual accounts (NBB) ↗

MgM PROJECTS

Warning lights

Financials

What happened to MgM PROJECTS?

Management

Directors

Establishments

Establishment units

Who else lives here?

Shareholders according to the Official Gazette deeds

Details

Frequently asked questions