ACTIVE

MG CONSTRUCT

Export PDF
Financial year 2025 · closed on 31/03/2025
Net result
217,8 k €
-37.9% YoY
Gross margin
431,3 k €
-24.2% YoY
Equity
133,6 k €
+15.4% YoY
Workforce
1,4 ETP
+40.0% YoY

What does MG CONSTRUCT do?

MG CONSTRUCT is a Private limited company incorporated in 2015. Its main activity is: Construction of buildings. Its registered office is in Wuustwezel. It employs on average 1,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0634.645.660
Incorporation
27/07/2015
Legal form
Private limited company
Registered office
Leemstraat 16
2990 Wuustwezel · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/03/2025
Average workforce
1,4 ETP
Activities (NACE)
41001Construction of buildings· main41101Development of building projects41201Construction of residential and non-residential buildings68121Buying and selling of own real estate
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin431,3 k €569,2 k €643 k €564,4 k €274,1 k €171,1 k €109,6 k €53,2 k €37,1 k €
EBITDA346,4 k €507,7 k €583,1 k €526,1 k €270,5 k €169,4 k €109,3 k €51,3 k €36,7 k €
Operating result289,7 k €462,2 k €537,6 k €500,2 k €245,3 k €149,6 k €85,1 k €23,6 k €3,1 k €
Net result217,8 k €350,5 k €416,3 k €378,7 k €194,8 k €111,5 k €60,6 k €19,1 k €139,8 €
Balance sheet
Equity133,6 k €115,7 k €112,7 k €106,4 k €94,7 k €93,9 k €80 k €19,4 k €6,3 k €
Total assets745,8 k €868,1 k €869,5 k €870,6 k €480,2 k €308 k €172,7 k €145,6 k €73 k €
Cash303,6 k €230,2 k €269,4 k €368,4 k €205,7 k €193,7 k €47,2 k €56,8 k €25,6 k €
Debts612,2 k €752,4 k €756,8 k €764,2 k €385,4 k €213,8 k €92,4 k €126,2 k €66 k €
Other
Workforce1,4 ETP1,0 ETP1,0 ETP0,7 ETP–––––
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 4 ended

Active mandates

Mathias Van Gils

Director · since 27 juillet 2015

Active
Geert Aerts

Director

Active

Ended mandates

Geert Aerts

Director · since 27 juillet 2015

Ended
Geert Josephus Maria Aerts

Manager · since 27 juillet 2015

Ended
Mathias Van Gils

Manager · since 27 juillet 2015

Ended
Mathias Van Gils

Director

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/11/202528/11/202408/11/202322/11/202222/11/202130/11/2020
General meeting12/09/202513/09/202408/09/202309/09/202210/09/202111/09/2020
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202512/09/202522/11/2025DutchPDF
Abridged model31/03/202413/09/202428/11/2024DutchPDF
Abridged model31/03/202308/09/202308/11/2023DutchPDF
Abridged model31/03/202209/09/202222/11/2022DutchPDF
Micro model31/03/202110/09/202122/11/2021DutchPDF
Micro model31/03/202011/09/202030/11/2020DutchPDF
Abridged model31/03/201913/09/201927/11/2019DutchPDF
Micro model31/03/201814/09/201825/10/2018DutchPDF
Abridged model31/03/201708/09/201713/10/2017DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 4 ended

Active mandates

Mathias Van Gils

Director · since 27 juillet 2015

Active
Geert Aerts

Director

Active

Ended mandates

Geert Aerts

Director · since 27 juillet 2015

Ended
Geert Josephus Maria Aerts

Manager · since 27 juillet 2015

Ended
Mathias Van Gils

Manager · since 27 juillet 2015

Ended
Mathias Van Gils

Director

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/10/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office30/10/2020
    MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
    PDF
  • Registered office15/07/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office04/11/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other29/07/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2025
    Annual accounts 2025217,8 k €↓
  2. 2024
    Annual accounts 2024350,5 k €↓
  3. 2023
    Annual accounts 2023416,3 k €↑
  4. 2022
    Annual accounts 2022378,7 k €↑
  5. 2021
    Annual accounts 2021194,8 k €↑
  6. 2020
    Annual accounts 2020111,5 k €↑
  7. 2019
    Annual accounts 201960,6 k €↑
  8. 2018
    Annual accounts 201819,1 k €↑
  9. 2017
    Annual accounts 2017139,8 €
  10. 27/07/2015
    IncorporationPrivate limited company