ACTIVE

M.T.G.

Financial year 2024 · closed on 31/12/2024
Net result
1 M €
+6152.5% YoY
Gross margin
1,8 M €
+709.7% YoY
Equity
959,1 k €
-28.9% YoY

What does M.T.G. do?

M.T.G. is a Public limited company incorporated in 1991. Its main activity is: Development of building projects. Its registered office is in Uccle.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0443.376.310
Incorporation
15/02/1991
Legal form
Public limited company
Registered office
Avenue de Messidor 330
1180 Uccle · BruxellesSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2024
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin1,8 M €228,2 k €332,3 k €704,1 k €291,7 k €383,7 k €231,4 k €587,2 k €1 M €394,5 k €486 k €378,4 k €-33,1 k €220,2 k €2,2 M €209,7 k €207,3 k €509,4 k €
EBITDA1,8 M €207,9 k €302,6 k €682 k €271,5 k €364 k €214,1 k €497,1 k €882,7 k €312,7 k €405,5 k €284 k €-122,5 k €159,4 k €2,1 M €152,3 k €156,3 k €415,2 k €
Operating result1,8 M €110,2 k €104,7 k €578,3 k €95,3 k €94,6 k €89,5 k €355,4 k €641,6 k €164,1 k €79,1 k €187 k €-217,8 k €91 k €2,1 M €89,8 k €40 k €331,1 k €
Net result1 M €16,6 k €-30,6 k €-21,2 k €-32,9 k €-29,4 k €-26,1 k €97,4 k €142,5 k €-21,4 k €12,2 k €11,1 k €-228,6 k €-9,5 k €1,3 M €3,6 k €-1,3 k €42,8 k €
Balance sheet
Equity959,1 k €1,3 M €1,3 M €1,4 M €1,4 M €1,4 M €1,6 M €1,6 M €1,6 M €1,7 M €1,8 M €2 M €2 M €1,5 M €1,5 M €217 k €213,4 k €214,6 k €
Total assets7,1 M €7,8 M €7,3 M €5,9 M €6,8 M €6,1 M €5,5 M €6,3 M €7,2 M €10,5 M €10,1 M €12 M €10,3 M €5,9 M €5,5 M €1,9 M €2,2 M €1,4 M €
Cash593,2 k €35,9 k €26,9 k €121,7 k €123,8 k €118 k €23,2 k €81,1 k €24 k €50,9 k €402,4 k €127,2 k €231,7 k €55,6 k €49,2 k €130,8 k €
Debts6,1 M €6,1 M €5,6 M €4,2 M €5 M €4,2 M €3,3 M €4,1 M €5,1 M €8,3 M €7,9 M €9,4 M €7,7 M €3,6 M €3,2 M €1,6 M €1,9 M €1,1 M €
Other
Workforce1,0 ETP1,0 ETP1,8 ETP1,5 ETP1,1 ETP1,5 ETP1,0 ETP1,0 ETP1,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/12/2024 · 2 active · 16 ended

Active mandates

A.F.O.

Director · since 26 avril 2024 · 0463.961.193

Represented by OLIVIER GOLDBERG

Active
DORCHESTER

Director · since 26 avril 2024 · 0884.957.625

Represented by GUY JACOUD

Active

Ended mandates

A.F.O.

Director · since 18 juin 2020 · until 17 mai 2023 · 0463.961.193

Ended
DORCHESTER

Director · since 18 juin 2020 · until 17 mai 2023 · 0884.957.625

Represented by GUY JACOUD

Ended
OLIVIER GOLDBERG

Managing director · since 18 mai 2017 · until 17 mai 2023

Ended
A.F.O.

Director · since 01 avril 2012 · until 31 mars 2017 · 0463.961.193

Ended
At this address

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0884.957.625
FOMINVESTActive
0429.249.249
WOLActive
0880.956.473
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date29/08/202531/07/202425/08/202329/07/202229/07/202131/07/2020
General meeting26/06/202527/06/202417/05/202318/05/202219/05/202125/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202426/06/202529/08/2025FrenchPDF
Abridged model31/12/202327/06/202431/07/2024FrenchPDF
Abridged model31/12/202217/05/202325/08/2023FrenchPDF
Abridged model31/12/202118/05/202229/07/2022FrenchPDF
Abridged model31/12/202019/05/202129/07/2021FrenchPDF
Abridged model31/12/201925/06/202031/07/2020FrenchPDF
Abridged model31/12/201816/05/201931/07/2019FrenchPDF
Abridged modelCorrection31/12/201718/05/201831/07/2018FrenchPDF
Abridged model31/12/201718/05/201827/07/2018FrenchPDF
Abridged model31/12/201618/05/201731/07/2017FrenchPDF
Abridged model30/06/201515/12/201531/12/2015FrenchPDF
Abridged model30/06/201416/12/201428/01/2015FrenchPDF
Abridged model30/06/201319/12/201331/01/2014FrenchPDF
Abridged model30/06/201227/11/201230/01/2013FrenchPDF
Abridged model30/06/201130/12/201125/01/2012FrenchPDF
Abridged model30/06/201030/12/201031/01/2011FrenchPDF
Abridged model30/06/200930/12/200926/01/2010FrenchPDF
Abridged model30/06/200823/12/200830/01/2009FrenchPDF
Abridged model30/06/200710/12/200717/01/2008FrenchPDF
Abridged model30/06/200619/12/200625/01/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 16 ended

Active mandates

A.F.O.

Director · since 26 avril 2024 · 0463.961.193

Represented by OLIVIER GOLDBERG

Active
DORCHESTER

Director · since 26 avril 2024 · 0884.957.625

Represented by GUY JACOUD

Active

Ended mandates

A.F.O.

Director · since 18 juin 2020 · until 17 mai 2023 · 0463.961.193

Ended
DORCHESTER

Director · since 18 juin 2020 · until 17 mai 2023 · 0884.957.625

Represented by GUY JACOUD

Ended
OLIVIER GOLDBERG

Managing director · since 18 mai 2017 · until 17 mai 2023

Ended
A.F.O.

Director · since 01 avril 2012 · until 31 mars 2017 · 0463.961.193

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/05/2024
    DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Other08/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office19/08/2021
    SIEGE SOCIAL
    PDF
  • Mandates22/09/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/12/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Other30/06/2016
    ANNEE COMPTABLE
    PDF
  • Mandates01/08/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares15/02/2012
    CAPITAL, ACTIONS
    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 20241 M €
  2. 2024
    Name changeM.T.G
  3. 2023
    Annual accounts 202316,6 k €
  4. 2022
    Annual accounts 2022-30,6 k €
  5. 2021
    Annual accounts 2021-21,2 k €
  6. 2021
    Name changeMTG
  7. 2020
    Annual accounts 2020-32,9 k €
  8. 2019
    Annual accounts 2019-29,4 k €
  9. 2018
    Annual accounts 2018-26,1 k €
  10. 2017
    Annual accounts 201797,4 k €
  11. 2016
    Annual accounts 2016142,5 k €
  12. 2015
    Annual accounts 2015-21,4 k €
  13. 2014
    Annual accounts 201412,2 k €
  14. 2013
    Annual accounts 201311,1 k €
  15. 2012
    Annual accounts 2012-228,6 k €
  16. 2011
    Annual accounts 2011-9,5 k €
  17. 2010
    Annual accounts 20101,3 M €
  18. 2009
    Annual accounts 20093,6 k €
  19. 2008
    Annual accounts 2008-1,3 k €
  20. 2007
    Annual accounts 200742,8 k €
  21. 15/02/1991
    IncorporationPublic limited company