ACTIVE

M.G.S.

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Financial year 2025 · Closed on 31/12/2025

Net result18,3 k €-30,5 %over 1 year
Gross margin-5,7 k €-653,9 %over 1 year
Equity1,7 M €+1,1 %over 1 year

Identity

Source · BCE/KBO

M.G.S. is a Public limited company incorporated in 1989. Its registered office is in Mouscron.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0437.078.139
Incorporation
20/03/1989
Legal form
Public limited company
Registered office
Rue de l'Echauffourée 1
7700 Mouscron · WallonieSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 20 filings

Trend over 16 financial years

20252024202320222021
Income statement
Gross margin-5,7 k €1 k €-620 €1,5 k €-1,2 k €
EBITDA-6,7 k €63,2 €-3,5 k €1,5 k €-2,1 k €
Operating result-6,7 k €63,2 €-3,5 k €1,5 k €-2,1 k €
Net result18,3 k €26,3 k €26,6 k €32,6 k €27,4 k €
Balance sheet
Equity1,7 M €1,7 M €1,8 M €1,8 M €1,8 M €
Total assets1,7 M €1,9 M €1,8 M €1,8 M €1,8 M €
Cash1,4 M €1,4 M €1 M €1 M €776,1 k €
Debts2,5 k €144,3 k €22,8 k €23,4 k €30,2 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active

Active mandates

DirectorMandates in this companyPeriod
Véronique TAFFIN
Directorsince 09/07/2025
Brigitte RATEL
Managing directorsince 01/02/2024Director2023 accountsended
Jean Pierre TAFFIN
Directorsince 01/02/2024
Benard TAFFIN
Managing directoruntil 09/07/2025

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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 date29/06/202629/09/202527/09/202414/09/202324/08/202226/08/2021
General meeting27/06/202628/06/202518/04/202420/04/202321/04/202215/04/2021
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 model31/12/202527/06/202629/06/2026FrenchPDF
Abridged model31/12/202428/06/202529/09/2025FrenchPDF
Abridged model31/12/202318/04/202427/09/2024FrenchPDF
Abridged model31/12/202220/04/202314/09/2023FrenchPDF
Abridged model31/12/202121/04/202224/08/2022FrenchPDF
Abridged model31/12/202015/04/202126/08/2021FrenchPDF
Abridged model31/12/201916/04/202030/10/2020FrenchPDF
Abridged model31/12/201818/04/201930/08/2019FrenchPDF
Micro model31/12/201719/04/201831/08/2018FrenchPDF
Abridged model31/12/201620/04/201727/09/2017FrenchPDF
Abridged model31/12/201521/04/201603/11/2016FrenchPDF
Abridged model31/12/201416/04/201503/09/2015FrenchPDF
Abridged model31/12/201317/04/201404/06/2015FrenchPDF
Abridged model31/12/201218/04/201329/08/2013FrenchPDF
Abridged model31/12/201119/04/201230/08/2012FrenchPDF
Abridged model31/12/201021/04/201116/08/2011FrenchPDF
Abridged model31/12/200927/05/201027/08/2010FrenchPDF
Abridged model31/12/200828/05/200926/08/2009FrenchPDF
Abridged model31/12/200722/05/200817/09/2008FrenchPDF
Abridged model31/12/200624/05/200701/08/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025

4 active

Active mandates

DirectorMandates in this companyPeriod
Véronique TAFFIN
Directorsince 09/07/2025
Brigitte RATEL
Managing directorsince 01/02/2024Director2023 accountsended
Jean Pierre TAFFIN
Directorsince 01/02/2024
Benard TAFFIN
Managing directoruntil 09/07/2025

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates06/02/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Registered office16/02/2023
    SIEGE SOCIAL
    PDF
  • Mandates24/01/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/01/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Other07/07/2005
    Lexie
    PDF
  • Capital / shares06/10/2004
    Augmentation de capital-modifications aux statuts
    PDF
  • Mandates16/08/2004
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/12/2003
    DEMISSIONS, NOMINATIONS - SIEGE SOCIAL
    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
Filings16 filings
Mandates
Véronique TAFFIN
Brigitte RATEL
Jean Pierre TAFFIN
Benard TAFFIN
19891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
M.G.S.
Rue de l'Echauffourée 1, 7700 Mouscron
Director
Managing director
Director
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue de l'Echauffourée 1, 7700 MouscronCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00239245
Rue Beauchamp 3, 7780 Comines
accounts 2021
Accounts 2021 · 2022-20356152

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
M.G.S.Current
accounts 2021 → 2025
Accounts 2025 · 2026-00239245

Events

  1. 2025
    Annual accounts 202518,3 k €↓
  2. 2024
    Annual accounts 202426,3 k €↓
  3. 2023
    Annual accounts 202326,6 k €↓
  4. 2022
    Annual accounts 202232,6 k €↑
  5. 2021
    Annual accounts 202127,4 k €↓
  6. 2020
    Annual accounts 202029 k €↓
  7. 2019
    Annual accounts 201932,1 k €↑
  8. 2018
    Annual accounts 2018-44,3 k €↓
  9. 2017
    Annual accounts 2017998,9 k €↑
  10. 2016
    Annual accounts 2016622 k €↑
  11. 2015
    Annual accounts 2015-2,8 k €↓
  12. 2014
    Annual accounts 2014-2,3 k €↑
  13. 2013
    Annual accounts 2013-2,9 k €↑
  14. 2012
    Annual accounts 2012-3,4 k €↑
  15. 2011
    Annual accounts 2011-3,7 k €↓
  16. 2010
    Annual accounts 2010-2,5 k €
  17. 20/03/1989
    IncorporationPublic limited company