ACTIVE

M.G.D. Belgium

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Financial year 2025 · Closed on 30/06/2025

Net result-979,5 €+0,2 %over 1 year
Equity2 M €-0,0 %over 1 year

Identity

Source · BCE/KBO

M.G.D. Belgium is a Private limited company incorporated in 1990. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0442.060.375
Incorporation
19/09/1990
Legal form
Private limited company
Registered office
Amelia Earhartlaan 2 box 201
9051 Gent · FlandreSee on map
Contributed capital
249 631,35 €
Latest accounts
30/06/2025
Signals
Solid equity

Financials

Source · NBB, 21 filings

Trend over 18 financial years

20252024202320222020
Income statement
Gross margin–––––
EBITDA-979,5 €-981,6 €–––
Operating result-979,5 €-981,6 €–––
Net result-979,5 €-981,6 €–––
Balance sheet
Equity2 M €2 M €2 M €2 M €2 M €
Total assets2,2 M €2,2 M €2,2 M €2,2 M €2,2 M €
Cash493,8 €5,1 k €10,7 k €65,4 k €12,3 k €
Debts199,8 k €199,8 k €200,2 k €251,2 k €199,7 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 30/06/2025

2 active · 22 ended

Active mandates

Growing-UP

Director · since 24 février 2020 · 0466.421.332

Represented by Koenraad Belsack

Active
UPGRADE ESTATE

Director · since 24 février 2020 · 0840.066.124

Represented by Nele VAN DAMME

Active

Ended mandates

Growing-UP

Mandate · since 24 février 2020 · 0466.421.332

Represented by Koenraad Belsack

Ended
UPGRADE ESTATE

Mandate · since 24 février 2020 · 0840.066.124

Represented by Nele Van Damme

Ended
Didier Westen

Director · since 15 décembre 2017

Ended
EURO CROSSROADS PROPERTY DEVELOPERS

Director · since 15 décembre 2017 · 0472.331.503

Represented by Didier Westen

Ended

Other companies at this address

Amelia Earhartlaan 2 9051 Gent
CompanyCBE no.
100● Active
0743.478.472
101● Active
0743.479.561
102● Active
0743.480.353
10 Upkot● Active
0423.791.614
85● Active
0819.492.820
93● Active
0711.912.197
94● Active
0724.877.238
97● Active
0737.858.214
98● Active
0737.863.657
99● Active
0743.475.207
Andreas BidCo● Active
1016.654.327
ARE P0108● Active
0793.510.676
ART UPKOT● Active
0891.055.460
BACKSTAGE²UPKOT● Active
0454.973.748
BAUDELO UPKOT● Active
0545.801.677
BIOTECH ENGINEERING● Active
0460.320.725
BRO Upkot● Active
0662.477.930
Buzz Upkot● Active
0729.978.151
Campus Upkot● Active
0680.956.727
Constelaris● Active
1019.186.027

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date05/01/202606/01/202509/01/202430/12/202217/01/202222/01/2021
General meeting19/12/202520/12/202420/12/202316/12/202217/12/202118/12/2020
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202519/12/202505/01/2026DutchPDF
Abridged model30/06/202420/12/202406/01/2025DutchPDF
Abridged model30/06/202320/12/202309/01/2024DutchPDF
Abridged model30/06/202216/12/202230/12/2022DutchPDF
Abridged model30/06/202117/12/202117/01/2022DutchPDF
Abridged model30/06/202018/12/202022/01/2021DutchPDF
Abridged model30/06/201931/12/201931/01/2020DutchPDF
Abridged model30/06/201821/12/201830/01/2019DutchPDF
Abridged model30/06/201728/11/201701/12/2017DutchPDF
Abridged model30/06/201616/11/201629/12/2016DutchPDF
Abridged model30/06/201518/11/201518/12/2015DutchPDF
Abridged model30/06/201411/02/201530/04/2015DutchPDF
Abridged model30/06/201314/02/201428/02/2014DutchPDF
Abridged model30/06/201220/10/201216/11/2012DutchPDF
Abridged model30/06/201131/12/201130/01/2012DutchPDF
Abridged model30/06/201031/12/201031/01/2011DutchPDF
Abridged model30/06/200930/11/200924/12/2009DutchPDF
Abridged model30/06/200818/10/200827/02/2009DutchPDF
Abridged model30/06/200720/10/200729/02/2008DutchPDF
Abridged model30/06/200621/10/200631/01/2007DutchPDF
Abridged model30/06/200515/10/200531/01/2007DutchPDF

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 30/06/2025

2 active · 22 ended

Active mandates

Growing-UP

Director · since 24 février 2020 · 0466.421.332

Represented by Koenraad Belsack

Active
UPGRADE ESTATE

Director · since 24 février 2020 · 0840.066.124

Represented by Nele VAN DAMME

Active

Ended mandates

Growing-UP

Mandate · since 24 février 2020 · 0466.421.332

Represented by Koenraad Belsack

Ended
UPGRADE ESTATE

Mandate · since 24 février 2020 · 0840.066.124

Represented by Nele Van Damme

Ended
Didier Westen

Director · since 15 décembre 2017

Ended
EURO CROSSROADS PROPERTY DEVELOPERS

Director · since 15 décembre 2017 · 0472.331.503

Represented by Didier Westen

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/05/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Registered office25/04/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates24/04/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office09/03/2020
    MAATSCHAPPELIJKE ZETEL - DIVERSEN
    PDF
  • Restructuring26/03/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates11/01/2018
    DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office29/12/2017
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
    PDF
  • Registered office08/02/2016
    MAATSCHAPPELIJKE ZETEL
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-979,5 €↑
  2. 2024
    Annual accounts 2024-981,6 €↓
  3. 2023
    Annual accounts 2023
  4. 2022
    Annual accounts 2022
  5. 2020
    Annual accounts 2020
  6. 2019
    Annual accounts 2019
  7. 2018
    Annual accounts 20181,4 M €↑
  8. 2017
    Annual accounts 2017461,4 k €↑
  9. 2016
    Annual accounts 2016411,8 k €↓
  10. 2015
    Annual accounts 2015942,8 k €↑
  11. 2014
    Annual accounts 2014523,8 k €↑
  12. 2013
    Annual accounts 2013317,7 k €↑
  13. 2012
    Annual accounts 2012249,3 k €↑
  14. 2011
    Annual accounts 2011171,5 k €↑
  15. 2010
    Annual accounts 201050,1 k €↑
  16. 2009
    Annual accounts 2009-25 k €↑
  17. 2008
    Annual accounts 2008-45,4 k €↓
  18. 2007
    Annual accounts 2007-13,9 k €
  19. 19/09/1990
    IncorporationPrivate limited company