MG Construction
0643.699.522 · rovalta.com · 23/09/2026
ACTIVE
MG Construction
Financial year 2025 · closed on 31/12/2025
Net result
202,3 k €
-43.0% YoY
Gross margin
982 k €
+3.4% YoY
Equity
739,2 k €
+37.7% YoY
Workforce
6,9 ETP
+35.3% YoY
Overview
What does MG Construction do?
MG Construction is a Public limited company incorporated in 2015. Its main activity is: Development of building projects. Its registered office is in Gent. It employs on average 6,9 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0643.699.522
Incorporation
30/11/2015
Legal form
Public limited company
Registered office
Esplanade Oscar Van de Voorde 1
9000 Gent · FlandreSee on map
9000 Gent · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
6,9 ETP
Activities (NACE)
Joint committees (1)
- 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 10 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||
| Gross margin | 982 k € | +3.4% | 949,5 k € | +106% | 461,1 k € | +670% | 59,9 k € | -91.1% | 674,9 k € | +14467% | -4,7 k € | -23.4% | -3,8 k € | -201% | -1,3 k € | +4.2% | -1,3 k € | +57.1% | -3,1 k € |
| EBITDA | 311,9 k € | -39.3% | 513,8 k € | +275% | 136,9 k € | +647% | -25 k € | -104% | 674,8 k € | +14109% | -4,8 k € | -22.2% | -3,9 k € | -182% | -1,4 k € | +3.6% | -1,4 k € | +54.8% | -3,2 k € |
| Operating result | 306,4 k € | -40.1% | 512 k € | +276% | 136,2 k € | +640% | -25,2 k € | -104% | 674,8 k € | +14109% | -4,8 k € | -22.2% | -3,9 k € | -182% | -1,4 k € | +3.6% | -1,4 k € | +54.8% | -3,2 k € |
| Net result | 202,3 k € | -43.0% | 354,8 k € | +279% | 93,6 k € | +714% | -15,2 k € | -103% | 504,9 k € | +15887% | -3,2 k € | -49.2% | -2,1 k € | -606% | 423,8 € | +246% | -290,9 € | +96.1% | -7,5 k € |
| Balance sheet | |||||||||||||||||||
| Equity | 739,2 k € | +37.7% | 536,9 k € | +195% | 182,1 k € | +106% | 88,5 k € | -14.7% | 103,7 k € | +113% | 48,8 k € | -6.2% | 52 k € | -4.0% | 54,1 k € | +0.8% | 53,7 k € | -0.5% | 54 k € |
| Total assets | 1,3 M € | +45.1% | 867,9 k € | +53.8% | 564,3 k € | +110% | 268,2 k € | -57.2% | 626,9 k € | +1185% | 48,8 k € | -10.5% | 54,5 k € | +0.7% | 54,1 k € | +0.8% | 53,7 k € | -1.5% | 54,5 k € |
| Cash | 387,7 k € | +367% | 83 k € | -85.2% | 562,1 k € | +225% | 173,2 k € | +357% | 37,9 k € | +3163% | 1,2 k € | +48.7% | 781,4 € | -66.5% | 2,3 k € | -37.8% | 3,8 k € | -85.4% | 25,7 k € |
| Debts | 520,5 k € | +57.2% | 331 k € | -13.0% | 380,6 k € | +112% | 179,7 k € | -65.6% | 523,2 k € | – | 2,5 k € | – | – | 505,5 € | |||||
| Other | |||||||||||||||||||
| Workforce | 6,9 ETP | +35.3% | 5,1 ETP | +54.5% | 3,3 ETP | +65.0% | 2,0 ETP | – | – | – | – | – | – | ||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 16 ended
Active mandates
Ended mandates
At this address
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Financials
Annual accounts
Full financial information
| 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 | 15/06/2026 | 12/08/2025 | 12/08/2024 | 19/06/2023 | 29/06/2022 | 07/07/2021 |
| General meeting | 12/06/2026 | 13/06/2025 | 14/06/2024 | 09/06/2023 | 17/06/2022 | 11/06/2021 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
10 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 12/06/2026 | 15/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 13/06/2025 | 12/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 14/06/2024 | 12/08/2024 | Dutch | |
| Abridged model | 31/12/2022 | 09/06/2023 | 19/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 17/06/2022 | 29/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 11/06/2021 | 07/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 12/06/2020 | 02/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 14/06/2019 | 02/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 08/06/2018 | 28/06/2018 | Dutch | |
| Abridged model | 31/12/2016 | 09/06/2017 | 26/06/2017 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 16 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates11/08/2026ONTSLAGEN - BENOEMINGEN
- Mandates29/03/2024ONTSLAGEN - BENOEMINGEN
- Mandates27/02/2023ONTSLAGEN - BENOEMINGEN
- Mandates10/08/2022STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - ONTSLAGEN - BENOEMINGEN
- Mandates23/07/2019ONTSLAGEN - BENOEMINGEN
- Mandates23/08/2018ONTSLAGEN - BENOEMINGEN
- Mandates11/01/2017ONTSLAGEN - BENOEMINGEN
- Mandates31/10/2016MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025202,3 k €↓
- 2024Annual accounts 2024354,8 k €↑
- 2023Annual accounts 202393,6 k €↑
- 2022Annual accounts 2022-15,2 k €↓
- 2022Name changeMG Construction (Opuntia)
- 2021Annual accounts 2021504,9 k €↑
- 2021Name changeMG Construction
- 2020Annual accounts 2020-3,2 k €↓
- 2019Annual accounts 2019-2,1 k €↓
- 2018Annual accounts 2018423,8 €↑
- 2017Annual accounts 2017-290,9 €↑
- 2016Annual accounts 2016-7,5 k €
- 30/11/2015IncorporationPublic limited company