ACTIVE

MGD Y&Z

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Financial year 2025 · Closed on 31/12/2025

Net result255 k €+415,0 %over 1 year

Gross margin469,4 k €+18,8 %over 1 year

Equity1,2 M €+27,5 %over 1 year

Workforce2,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

MGD Y&Z is a Private limited company incorporated in 2001. Its registered office is in Tournai. It employs on average 2,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0474.097.990
Incorporation: 16/02/2001
Legal form: Private limited company
Registered office: Chaussée de Tournai(R-C) 2
7520 Tournai · WallonieSee on map
Contributed capital: 19 000,00 €
Latest accounts: 31/12/2025
Average workforce: 2,0 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	469,4 k €	+18.8%	395,1 k €	-13.9%	459,1 k €	+19.9%	382,8 k €	+47.2%	260,1 k €
EBITDA	364,7 k €	+43.7%	253,7 k €	-13.8%	294,4 k €	+9.1%	269,9 k €	+43.0%	188,8 k €
Operating result	321 k €	+243%	93,6 k €	-64.5%	263,7 k €	+10.5%	238,6 k €	+54.8%	154,2 k €
Net result	255 k €	+415%	49,5 k €	-71.9%	176,1 k €	+10.0%	160,1 k €	+42.0%	112,8 k €
Balance sheet
Equity	1,2 M €	+27.5%	925,7 k €	-0.4%	929,5 k €	+23.4%	753,4 k €	+27.0%	593,2 k €
Total assets	2 M €	+14.6%	1,7 M €	+49.1%	1,2 M €	+32.7%	879,9 k €	+22.0%	721,5 k €
Cash	59,6 k €	-47.2%	113 k €	-70.4%	381,1 k €	-32.4%	563,6 k €	+29.5%	435,2 k €
Debts	814,5 k €	-0.1%	815,1 k €	+242%	238 k €	+88.1%	126,5 k €	-1.3%	128,2 k €
Other
Workforce	2,0 ETP	0.0%	2,0 ETP	-33.3%	3,0 ETP	+20.0%	2,5 ETP	0.0%	2,5 ETP

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

2 active · 6 ended

Active mandates

KUAN-HUNG CHEN

Director

Active

XIAOHUA ZHU

Director

Active

Ended mandates

Daxiong XU

Associate

Ended

Jianyan Zhang

Associate

Ended

KUAN HUNG CHEN

Manager

Ended

Kuan-Hung CHEN

Manager

Ended

Other companies at this address

Chaussée de Tournai(R-C) 2 7520 Tournai

Company	CBE no.
CELADA● Active	1008.424.767
EuroChina - Centre Culturel Chinois - Tournai● Active	0643.753.465
MEILI● Active	0463.521.329

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	12/09/2026	25/08/2025	30/07/2024	21/08/2023	28/08/2022	31/08/2021
General meeting	06/06/2026	07/06/2025	01/06/2024	03/06/2023	04/06/2022	05/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	06/06/2026	12/09/2026	French	PDF
Abridged model	31/12/2024	07/06/2025	25/08/2025	French	PDF
Abridged model	31/12/2023	01/06/2024	30/07/2024	French	PDF
Abridged model	31/12/2022	03/06/2023	21/08/2023	French	PDF
Abridged model	31/12/2021	04/06/2022	28/08/2022	French	PDF
Abridged model	31/12/2020	05/06/2021	31/08/2021	French	PDF
Micro model	31/12/2019	06/06/2020	26/08/2020	French	PDF
Micro model	31/12/2018	01/06/2019	02/07/2019	French	PDF
Micro model	31/12/2017	02/06/2018	09/10/2018	French	PDF
Abridged model	31/12/2016	03/06/2017	18/08/2017	French	PDF
Abridged model	31/12/2015	04/06/2016	17/08/2016	French	PDF
Abridged model	31/12/2014	06/06/2015	14/08/2015	French	PDF
Abridged model	31/12/2013	07/06/2014	14/08/2014	French	PDF
Abridged model	31/12/2012	01/06/2013	10/07/2013	French	PDF
Abridged model	31/12/2011	02/06/2012	17/08/2012	French	PDF
Abridged model	31/12/2010	04/06/2011	26/08/2011	French	PDF
Abridged model	31/12/2009	05/06/2010	16/08/2010	French	PDF
Abridged model	31/12/2008	06/06/2009	26/08/2009	French	PDF
Abridged model	31/12/2007	07/06/2008	31/08/2008	French	PDF
Abridged model	31/12/2006	02/06/2007	30/08/2007	French	PDF

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

2 active · 6 ended

Active mandates

KUAN-HUNG CHEN

Director

Active

XIAOHUA ZHU

Director

Active

Ended mandates

Daxiong XU

Associate

Ended

Jianyan Zhang

Associate

Ended

KUAN HUNG CHEN

Manager

Ended

Kuan-Hung CHEN

Manager

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates10/03/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates09/04/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates30/07/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates18/02/2019
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Capital / shares08/11/2018
CAPITAL, ACTIONS
PDF
Mandates17/02/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates28/12/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates27/12/2012
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025255 k €↑
2024
Annual accounts 202449,5 k €↓
2023
Annual accounts 2023176,1 k €↑
2022
Annual accounts 2022160,1 k €↑
2021
Annual accounts 2021112,8 k €↑
2020
Annual accounts 2020-2,7 k €↓
2019
Annual accounts 201953,3 k €↓
2018
Annual accounts 2018111,2 k €↑
2017
Annual accounts 201749,4 k €↓
2016
Annual accounts 201657,4 k €↑
2015
Annual accounts 201522,4 k €↓
2014
Annual accounts 201448,8 k €↓
2013
Annual accounts 201350 k €↑
2012
Annual accounts 201222,4 k €↓
2011
Annual accounts 201132,9 k €↑
2010
Annual accounts 201018,6 k €↑
2009
Annual accounts 200912,2 k €↑
2008
Annual accounts 20084 k €↓
2007
Annual accounts 200710,5 k €↓
2006
Annual accounts 200620,8 k €
16/02/2001
IncorporationPrivate limited company

MGD Y&Z

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline