MGS
0440.733.356 · rovalta.com · 23/09/2026
NORMAL SITUATION
MGS (SA)
Financial year 2023 · closed on 26/11/2023
Net result
-6,7 k €
-278.4% YoY
Gross margin
-5,4 k €
-144.0% YoY
Equity
3,3 k €
-66.6% YoY
Company — Normal situation.
Overview
What does MGS do?
MGS is a company registered in Belgium.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0440.733.356
Legal form
Public limited company
Contributed capital
62 000,00 €
Latest accounts
26/11/2023
Joint committees (2)
- 112
- 200
Signals
Solid equityHealthy social debts
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Financials
Trend over 16 financial years
| 2023 | 2022 | 2021 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||
| Gross margin | -5,4 k € | -144% | 12,3 k € | -58.0% | 29,2 k € | +284% | 7,6 k € | +40.8% | 5,4 k € | -48.3% | 10,4 k € | -18.2% | 12,8 k € | -1.1% | 12,9 k € | +1656% | -829,8 € | -105% | 16,9 k € | -23.8% | 22,1 k € | +2.4% | 21,6 k € | -16.1% | 25,8 k € | -37.3% | 41,1 k € | -33.1% | 61,4 k € | -51.1% | 125,6 k € |
| EBITDA | -6,4 k € | -166% | 9,8 k € | -47.4% | 18,6 k € | +337% | 4,3 k € | +14.8% | 3,7 k € | -59.6% | 9,2 k € | -17.3% | 11,1 k € | +1.4% | 10,9 k € | +341% | -4,5 k € | -136% | 12,7 k € | -28.5% | 17,8 k € | +9.3% | 16,3 k € | +13.9% | 14,3 k € | -20.3% | 17,9 k € | +67.3% | 10,7 k € | -39.0% | 17,5 k € |
| Operating result | -6,4 k € | -222% | 5,3 k € | -3.9% | 5,5 k € | +190% | -6,1 k € | -124% | -2,7 k € | -207% | 2,5 k € | -54.2% | 5,6 k € | +187% | 1,9 k € | +111% | -18,4 k € | -824% | -2 k € | -183% | 2,4 k € | +711% | -392,2 € | -112% | 3,2 k € | -54.7% | 7 k € | +81.0% | 3,9 k € | -73.3% | 14,5 k € |
| Net result | -6,7 k € | -278% | 3,7 k € | -22.7% | 4,8 k € | +175% | -6,5 k € | -102% | -3,2 k € | -244% | 2,2 k € | -59.4% | 5,5 k € | +113% | 2,6 k € | +114% | -18,5 k € | -434% | -3,5 k € | -834% | 471,3 € | -18.6% | 578,8 € | +135% | 246,2 € | -44.8% | 445,7 € | +193% | 152,3 € | -97.6% | 6,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||
| Equity | 3,3 k € | -66.6% | 10 k € | +59.5% | 6,3 k € | -88.1% | 52,5 k € | -11.0% | 58,9 k € | -5.1% | 62,1 k € | +3.7% | 59,9 k € | +10.0% | 54,5 k € | +4.9% | 51,9 k € | -26.2% | 70,4 k € | -4.7% | 73,8 k € | +0.6% | 73,4 k € | +0.8% | 72,8 k € | +0.3% | 72,5 k € | +0.6% | 72,1 k € | +0.2% | 71,9 k € |
| Total assets | 3,3 k € | -92.6% | 45 k € | -58.7% | 109,1 k € | -2.2% | 111,5 k € | +36.5% | 81,7 k € | -0.2% | 81,9 k € | +2.3% | 80,1 k € | +5.4% | 76 k € | -11.8% | 86,1 k € | -19.0% | 106,4 k € | -12.4% | 121,4 k € | -8.5% | 132,7 k € | +3.8% | 127,8 k € | -21.6% | 162,9 k € | -3.9% | 169,5 k € | +73.6% | 97,6 k € |
| Cash | 852,1 € | -95.7% | 19,6 k € | +37.2% | 14,3 k € | -25.3% | 19,1 k € | -18.3% | 23,4 k € | +53.1% | 15,3 k € | -37.8% | 24,6 k € | +94.4% | 12,6 k € | -20.6% | 15,9 k € | -18.3% | 19,5 k € | -30.8% | 28,2 k € | +42.8% | 19,7 k € | -21.3% | 25,1 k € | +7.2% | 23,4 k € | -53.5% | 50,3 k € | +3554% | 1,4 k € |
| Debts | – | 35 k € | -65.9% | 102,8 k € | +74.1% | 59,1 k € | +159% | 22,8 k € | +15.4% | 19,7 k € | -2.0% | 20,1 k € | -6.4% | 21,5 k € | -34.7% | 32,9 k € | -8.6% | 36 k € | -24.3% | 47,5 k € | -17.7% | 57,8 k € | +5.1% | 55 k € | -38.4% | 89,2 k € | -8.4% | 97,4 k € | +445% | 17,9 k € | |
| Other | |||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | 0,0 ETP | -100% | 0,2 ETP | -80.0% | 1,0 ETP | 0.0% | 1,0 ETP | -60.0% | 2,5 ETP | |||||||||||
Governance
Board of directors
Seen on filing of 26/11/2023 · 2 active · 14 ended
Active mandates
Godelieva Hermans
ActiveKris Meeus
ActiveEnded mandates
Godelieva Hermans
EndedKris Meeus
EndedSarah Van Der Aa
EndedKris Meeus
EndedFinancials
Annual accounts
Full financial information
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 | 01/01/2018 |
| Closing of the financial year | 26/11/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 | 31/12/2018 |
| Length of the financial year | 11 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 17/12/2023 | 07/06/2023 | 19/07/2022 | 31/08/2021 | 31/12/2020 | 30/08/2019 |
| General meeting | 27/11/2023 | 30/05/2023 | 07/06/2022 | 07/06/2021 | 09/10/2020 | 06/01/2019 |
| 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 |
Ratios
Financial ratios
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Annual accounts filings
33 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 26/11/2023 | 27/11/2023 | 17/12/2023 | Dutch | |
| Micro model | 31/12/2022 | 30/05/2023 | 07/06/2023 | Dutch | |
| Micro model | 31/12/2021 | 07/06/2022 | 19/07/2022 | Dutch | |
| Micro model | 31/12/2020 | 07/06/2021 | 31/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 09/10/2020 | 31/12/2020 | Dutch | |
| Micro model | 31/12/2018 | 06/01/2019 | 30/08/2019 | Dutch | |
| Micro model | 31/12/2017 | 01/06/2018 | 30/08/2018 | Dutch | |
| Micro model | 31/12/2016 | 01/06/2017 | 31/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 01/06/2016 | 08/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 01/06/2015 | 07/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 02/06/2014 | 01/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 02/06/2013 | 02/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 01/06/2012 | 27/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 01/06/2011 | 21/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 01/06/2010 | 02/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 01/06/2009 | 23/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 01/06/2008 | 16/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 30/05/2007 | 17/08/2007 | Dutch | |
| Abridged model | 31/12/2005 | 30/06/2006 | 27/07/2006 | Dutch | |
| Abridged model | 31/12/2004 | 30/06/2005 | 29/07/2005 | Dutch | |
| Abridged model | 31/12/2003 | 23/10/2004 | 24/11/2004 | Dutch | |
| Abridged model | 31/12/2002 | 22/12/2003 | 30/12/2003 | Dutch | |
| Abridged model | 31/12/2001 | 15/12/2003 | 30/12/2003 | Dutch | |
| Abridged model | 31/12/2000 | 30/11/2001 | 27/12/2001 | Dutch |
Valuation
Estimate
Indicative valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 26/11/2023 · 2 active · 14 ended
Active mandates
Godelieva Hermans
ActiveKris Meeus
ActiveEnded mandates
Godelieva Hermans
EndedKris Meeus
EndedSarah Van Der Aa
EndedKris Meeus
EndedShareholders
Ownership and network
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Belgian Official Gazette
Belgian Official Gazette publications
- Dissolution19/12/2023RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
- Mandates17/02/2020MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates28/08/2014ONTSLAGEN - BENOEMINGEN
- Mandates05/08/2013ONTSLAGEN - BENOEMINGEN
- Registered office31/12/2010MAATSCHAPPELIJKE ZETEL
- Mandates22/01/2007ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2023Annual accounts 2023-6,7 k €↓
- 2022Annual accounts 20223,7 k €↓
- 2022Name changeMGS
- 2021Annual accounts 20214,8 k €↑
- 2021Name changeM.G.S.
- 2018Annual accounts 2018-6,5 k €↓
- 2017Annual accounts 2017-3,2 k €↓
- 2016Annual accounts 20162,2 k €↓
- 2015Annual accounts 20155,5 k €↑
- 2014Annual accounts 20142,6 k €↑
- 2013Annual accounts 2013-18,5 k €↓
- 2012Annual accounts 2012-3,5 k €↓
- 2011Annual accounts 2011471,3 €↓
- 2010Annual accounts 2010578,8 €↑
- 2009Annual accounts 2009246,2 €↓
- 2008Annual accounts 2008445,7 €↑
- 2007Annual accounts 2007152,3 €↓
- 2006Annual accounts 20066,4 k €