ACTIVE

M.G.R.

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Financial year 2025 · Closed on 30/06/2025

Net result347,3 k €-58,0 %over 1 year

Gross margin563,2 k €-57,7 %over 1 year

Equity11,5 M €+1,5 %over 1 year

Workforce2,0 ETP+25,0 %over 1 year

Identity

Source · BCE/KBO

M.G.R. is a Private limited company incorporated in 1988. Its main activity is: Activities of holding companies. Its registered office is in Sint-Martens-Latem. It employs on average 2,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0434.822.789
Incorporation: 08/07/1988
Legal form: Private limited company
Registered office: Buizenbergstraat 4
9830 Sint-Martens-Latem · FlandreSee on map
Contributed capital: 61 500,00 €
Latest accounts: 30/06/2025
Average workforce: 2,0 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 70200Management consultancy activities 70220Business and other management consultancy activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	563,2 k €	-57.7%	1,3 M €	-12.7%	1,5 M €	-1.7%	1,6 M €	-10.8%	1,7 M €
EBITDA	450,9 k €	-63.8%	1,2 M €	-15.1%	1,5 M €	+0.6%	1,5 M €	-13.5%	1,7 M €
Operating result	422,2 k €	-63.2%	1,1 M €	-15.8%	1,4 M €	+1.3%	1,3 M €	-14.7%	1,6 M €
Net result	347,3 k €	-58.0%	826,1 k €	-64.3%	2,3 M €	+105%	1,1 M €	-12.1%	1,3 M €
Balance sheet
Equity	11,5 M €	+1.5%	11,3 M €	+7.9%	10,5 M €	+13.7%	9,2 M €	+14.0%	8,1 M €
Total assets	11,6 M €	+0.1%	11,6 M €	-11.0%	13,1 M €	+38.3%	9,5 M €	+15.3%	8,2 M €
Cash	745,8 k €	+43.1%	521,2 k €	-48.1%	1 M €	+32.5%	757,8 k €	-52.6%	1,6 M €
Debts	131 k €	-48.7%	255,1 k €	-90.2%	2,6 M €	+985%	240 k €	+107%	116 k €
Other
Workforce	2,0 ETP	+25.0%	1,6 ETP	+33.3%	1,2 ETP	+20.0%	1,0 ETP	0.0%	1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Guy REYNIERS	Directorsince 07/10/2006Managing director07/10/2006 → 2022 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Martine VERBIEST	Director31/10/2018 → 2023 accounts
Willem REYNIERS	Director06/10/2012 → 2015 accounts

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/02/2026	31/01/2025	31/01/2024	15/12/2022	30/01/2022	29/01/2021
General meeting	26/12/2025	31/12/2024	31/12/2023	16/11/2022	31/12/2021	30/12/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	26/12/2025	03/02/2026	Dutch	PDF
Abridged model	30/06/2024	31/12/2024	31/01/2025	Dutch	PDF
Abridged model	30/06/2023	31/12/2023	31/01/2024	Dutch	PDF
Abridged model	30/06/2022	16/11/2022	15/12/2022	Dutch	PDF
Abridged model	30/06/2021	31/12/2021	30/01/2022	Dutch	PDF
Abridged model	30/06/2020	30/12/2020	29/01/2021	Dutch	PDF
Abridged model	30/06/2019	04/11/2019	03/12/2019	Dutch	PDF
Abridged model	30/06/2018	31/10/2018	30/11/2018	Dutch	PDF
Abridged model	30/06/2017	31/10/2017	30/11/2017	Dutch	PDF
Abridged model	30/06/2016	31/10/2016	30/11/2016	Dutch	PDF
Abridged model	30/06/2015	03/10/2015	02/11/2015	Dutch	PDF
Abridged model	30/06/2014	04/10/2014	28/02/2015	Dutch	PDF
Abridged model	30/06/2013	05/10/2013	24/01/2014	Dutch	PDF
Abridged model	30/06/2012	06/10/2012	31/01/2013	Dutch	PDF
Abridged model	30/06/2011	01/10/2011	16/01/2012	Dutch	PDF
Abridged model	30/06/2010	02/10/2010	31/12/2010	Dutch	PDF
Abridged model	30/06/2009	03/10/2009	08/01/2010	Dutch	PDF
Abridged model	30/06/2008	04/10/2008	30/12/2008	Dutch	PDF
Abridged model	30/06/2007	06/10/2007	31/12/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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 30/06/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Guy REYNIERS	Directorsince 07/10/2006Managing director07/10/2006 → 2022 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Martine VERBIEST	Director31/10/2018 → 2023 accounts
Willem REYNIERS	Director06/10/2012 → 2015 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates06/01/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/07/2014
KAPITAAL - AANDELEN
PDF
Mandates06/11/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/11/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/04/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/09/2002
ONTSLAGEN - BENOEMINGEN
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

Filings19 filings

Mandates

Guy REYNIERS

Martine VERBIEST

WILLEM REYNIERS

198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

M.G.R.

Buizenbergstraat 4, 9830 Sint-Martens-Latem

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Buizenbergstraat 4, 9830 Sint-Martens-LatemCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00036263

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
M.G.R.Current	accounts 2023 → 2025	Accounts 2025 · 2026-00036263
MGR	accounts 2022	Accounts 2022 · 2022-20539697

Events

2025
Annual accounts 2025347,3 k €↓
2024
Annual accounts 2024826,1 k €↓
2023
Annual accounts 20232,3 M €↑
2023
Name changeM.G.R.
2022
Annual accounts 20221,1 M €↓
2021
Annual accounts 20211,3 M €↑
2020
Annual accounts 20201 M €↓
2019
Annual accounts 20191,3 M €↑
2018
Annual accounts 2018916,2 k €↓
2017
Annual accounts 2017972,8 k €↑
2016
Annual accounts 2016667,5 k €↑
2015
Annual accounts 2015189 k €↑
2014
Annual accounts 2014-48,5 k €↓
2013
Annual accounts 2013175,1 k €↑
2012
Annual accounts 2012-388,2 k €↑
2011
Annual accounts 2011-591,8 k €↓
2010
Annual accounts 201030,4 k €↑
2009
Annual accounts 200913,2 k €↑
2008
Annual accounts 2008-155,9 k €↓
2007
Annual accounts 2007121,3 k €
08/07/1988
IncorporationPrivate limited company

M.G.R.

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events