OPENING OF BANKRUPTCY

M.G. Concept

Financial year 2024 · closed on 31/12/2024
Net result
3,9 k €
+569.2% YoY
Gross margin
10,3 k €
+188.9% YoY
Equity
25,6 k €
+17.7% YoY

Company — Opening of bankruptcy.

Strike-off: 03 juin 2026

What does M.G. Concept do?

M.G. Concept is a Private limited company incorporated in 1990. Its main activity is: Manufacture of furniture. Its registered office is in Gembloux.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0442.298.323
Incorporation
14/12/1990
Legal form
Private limited company
Registered office
Rue del'vaux, Gd-L. 27
5031 Gembloux · WallonieSee on map
Contributed capital
24 789,35 €
Latest accounts
31/12/2024
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202420232022202120202019201820162015201420132012201120102009200820072006
Income statement
Gross margin10,3 k €3,6 k €5,3 k €30,8 k €11,5 k €14,2 k €
EBITDA9,5 k €1,3 k €2,4 k €26,9 k €8,3 k €14,2 k €
Operating result8,6 k €501,5 €1,2 k €18,3 k €5 k €14,2 k €
Net result3,9 k €-821,4 €-1,2 k €7,3 k €2,3 k €14,2 k €
Balance sheet
Equity25,6 k €21,7 k €22,5 k €23,7 k €16,4 k €14,2 k €0 €0 €-138,4 k €-138,4 k €-138,4 k €-138,4 k €-138,4 k €-138,4 k €-138,4 k €
Total assets37,7 k €26,5 k €35,3 k €37,8 k €28,5 k €17,2 k €63,7 k €63,7 k €63,7 k €
Cash8,7 k €2,8 k €3,6 k €12 k €8,7 k €2,1 k €855,6 €855,6 €855,6 €
Debts12,1 k €4,7 k €12,7 k €14 k €12 k €3,1 k €138,4 k €138,4 k €138,4 k €138,4 k €202,1 k €202,1 k €202,1 k €
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 2 ended

Active mandates

Philippe Masson

Mandate

Active

Ended mandates

Alain BUCHET

Manager

Ended
FINACCES

Mandate · 0474.361.573

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/09/202530/08/202408/06/202324/08/202225/10/202128/10/2020
General meeting12/09/202513/06/202408/06/202309/06/202221/10/202102/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202412/09/202515/09/2025FrenchPDF
Micro model31/12/202313/06/202430/08/2024FrenchPDF
Micro model31/12/202208/06/202308/06/2023FrenchPDF
Micro model31/12/202109/06/202224/08/2022FrenchPDF
Micro model31/12/202021/10/202125/10/2021FrenchPDF
Micro model31/12/201902/06/202028/10/2020FrenchPDF
Micro model31/12/201802/06/201921/08/2019FrenchPDF
Micro model31/12/201602/06/201730/08/2017FrenchPDF
Abridged model31/12/201502/06/201626/08/2016FrenchPDF
Abridged model31/12/201402/06/201528/08/2015FrenchPDF
Abridged model31/12/201302/06/201428/08/2014FrenchPDF
Abridged model31/12/201202/06/201323/08/2013FrenchPDF
Abridged model31/12/201103/06/201224/08/2012FrenchPDF
Abridged model31/12/201003/06/201126/09/2011FrenchPDF
Abridged model31/12/200903/06/201031/08/2010FrenchPDF
Abridged model31/12/200804/06/200930/09/2009FrenchPDF
Abridged model31/12/200705/06/200826/08/2008FrenchPDF
Abridged model31/12/200607/06/200727/07/2007FrenchPDF
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.

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 2 ended

Active mandates

Philippe Masson

Mandate

Active

Ended mandates

Alain BUCHET

Manager

Ended
FINACCES

Mandate · 0474.361.573

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/04/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/10/2019
    MODIFICATION FORME JURIDIQUE - DENOMINATION - DIVERS - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 20243,9 k €
  2. 2023
    Annual accounts 2023-821,4 €
  3. 2022
    Annual accounts 2022-1,2 k €
  4. 2021
    Annual accounts 20217,3 k €
  5. 2020
    Annual accounts 20202,3 k €
  6. 2019
    Annual accounts 201914,2 k €
  7. 2018
    Annual accounts 2018
  8. 2016
    Annual accounts 2016
  9. 2015
    Annual accounts 2015
  10. 2014
    Annual accounts 2014
  11. 2013
    Annual accounts 2013
  12. 2012
    Annual accounts 2012
  13. 2011
    Annual accounts 2011
  14. 2010
    Annual accounts 2010
  15. 2009
    Annual accounts 2009
  16. 2008
    Annual accounts 2008
  17. 2007
    Annual accounts 2007
  18. 2006
    Annual accounts 2006
  19. 14/12/1990
    IncorporationPrivate limited company