ACTIVE

BE MG

Financial year 2025 · Closed on 31/12/2025

Net result8,6 k €-43,8 %over 1 year
Gross margin26,3 k €-18,7 %over 1 year
Equity44,6 k €+23,8 %over 1 year

Identity

Source · BCE/KBO

BE MG is a Private limited company incorporated in 2006. Its main activity is: Management consultancy activities. Its registered office is in Ixelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0879.865.818
Incorporation
09/03/2006
Legal form
Private limited company
Registered office
Avenue Louise 347 box 6
1050 Ixelles · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 109
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin26,3 k €32,3 k €35,4 k €14,7 k €4,3 k €
EBITDA25,9 k €30,3 k €33,8 k €13 k €1,7 k €
Operating result20,1 k €26,4 k €26 k €5,2 k €-6,5 k €
Net result8,6 k €15,2 k €14,6 k €1,8 k €-9,2 k €
Balance sheet
Equity44,6 k €36,1 k €20,8 k €6,3 k €4,4 k €
Total assets335,9 k €139,3 k €111,5 k €47,4 k €38,8 k €
Cash58,7 k €72,6 k €948 €9,8 k €5,6 k €
Debts291,2 k €103,2 k €90,7 k €41,1 k €34,4 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Michael Gunel
Directorsince 05/09/2014Mandate2016 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
GABRIEL GUNEL
Manager09/03/2006 → 2013 accounts

Other companies at this address

Avenue Louise 347 1050 Ixelles
CompanyCBE no.
0850.043.365
ALT MLK Limited● Active
0776.365.036
ART FINDER● Active
0728.958.562
B19● Active
0880.116.632
0431.687.414
C14● Active
1016.638.291
0790.400.540
0460.139.492
COMPORTA● Active
0507.763.425
0478.990.849
EURO DEFI● Active
0457.006.689
EU STRATEGY● Active
0821.127.368
0478.661.346
0551.846.658
0756.929.701
Fondation Twins● Active
0507.925.553
INSIDE EDITIONS● Active
0887.501.401
0426.094.373
0799.531.903
0474.548.744

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/06/202621/05/202527/05/202424/04/202323/06/202229/04/2021
General meeting01/06/202613/03/202502/05/202420/04/202315/06/202228/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202501/06/202604/06/2026FrenchPDF
Abridged model31/12/202413/03/202521/05/2025FrenchPDF
Abridged model31/12/202302/05/202427/05/2024FrenchPDF
Abridged model31/12/202220/04/202324/04/2023FrenchPDF
Abridged model31/12/202115/06/202223/06/2022FrenchPDF
Abridged model31/12/202028/04/202129/04/2021FrenchPDF
Abridged model31/12/201931/03/202002/04/2020FrenchPDF
Abridged model31/12/201807/05/201911/05/2019FrenchPDF
Abridged model31/12/201714/05/201815/05/2018FrenchPDF
Abridged model31/12/201620/02/201701/03/2017FrenchPDF
Abridged model31/12/201525/02/201608/03/2016FrenchPDF
Abridged model31/12/201407/04/201508/04/2015FrenchPDF
Abridged model31/12/201317/06/201421/08/2014FrenchPDF
Abridged model31/12/201201/07/201305/08/2013FrenchPDF
Abridged model31/12/201129/06/201227/07/2012FrenchPDF
Abridged model31/12/201020/06/201131/08/2011FrenchPDF
Abridged model31/12/200914/05/201005/07/2010FrenchPDF
Abridged model31/12/200822/06/200915/07/2010FrenchPDF
Abridged model31/12/200715/05/200828/08/2008FrenchPDF
Abridged model31/12/200618/05/200720/08/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Michael Gunel
Directorsince 05/09/2014Mandate2016 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
GABRIEL GUNEL
Manager09/03/2006 → 2013 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office23/04/2026
    SIEGE SOCIAL
    PDF
  • Other17/04/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates10/07/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DIVERS - OBJET
    PDF
  • Capital / shares12/07/2022
    CAPITAL, ACTIONS
    PDF
  • Capital / shares10/10/2018
    CAPITAL, ACTIONS
    PDF
  • Other15/04/2015
    Cession de parts sociales
    PDF
  • Mandates30/03/2015
    Démission - nomination - cession de parts sociales
    PDF
  • Other21/03/2006
    CONSTITUTION !
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
Michael Gunel
GABRIEL GUNEL
200620072008200920102011201220132014201520162017201820192020202120222023202420252026
BE MGTIBELL
Chaussée de Louvain 68, 1210 Saint-Josse-ten-Noode
Director
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Avenue Louise 347 bte 6, 1050 IxellesCurrent
CBE
Chaussée de Louvain 68, 1210 Saint-Josse-ten-Noode
accounts 2021 → 2025
Accounts 2025 · 2026-00137925

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
BE MGCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00137925
TIBELL
accounts 2021 → 2022
Accounts 2022 · 2023-00065230

Events

  1. 2025
    Annual accounts 20258,6 k €↓
  2. 2024
    Annual accounts 202415,2 k €↑
  3. 2023
    Annual accounts 202314,6 k €↑
  4. 2023
    Name changeBE MG
  5. 2022
    Annual accounts 20221,8 k €↑
  6. 2021
    Annual accounts 2021-9,2 k €↓
  7. 2020
    Annual accounts 20203 €↑
  8. 2019
    Annual accounts 2019-4,1 k €↓
  9. 2018
    Annual accounts 20181,5 k €↑
  10. 2017
    Annual accounts 2017123 €↓
  11. 2016
    Annual accounts 2016184 €↑
  12. 2015
    Annual accounts 201525 €↑
  13. 2014
    Annual accounts 20148 €↓
  14. 2013
    Annual accounts 2013574 €↑
  15. 2012
    Annual accounts 2012-128 €↓
  16. 2011
    Annual accounts 20115,3 k €↑
  17. 2010
    Annual accounts 2010-51 €↑
  18. 2009
    Annual accounts 2009-7,1 k €↓
  19. 2008
    Annual accounts 2008-366 €↓
  20. 2007
    Annual accounts 2007985 €↑
  21. 2006
    Annual accounts 2006-1,9 k €
  22. 09/03/2006
    IncorporationPrivate limited company