ACTIVE

MGSC MANAGEMENT

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
7,4 k €
+147.7% YoY
Gross margin
26,8 k €
+118.4% YoY
Equity
34,1 k €
+27.6% YoY

What does MGSC MANAGEMENT do?

MGSC MANAGEMENT is a Private limited company incorporated in 2017. Its main activity is: Retail sale of information and communication equipment in specialised stores. Its registered office is in Anderlecht.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0676.966.166
Incorporation
20/06/2017
Legal form
Private limited company
Registered office
Rue Bollinckx 43
1070 Anderlecht · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
47400Retail sale of information and communication equipment in specialised stores· main47420Retail sale of telecommunications equipment in specialised stores
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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 8 financial years

20252024202320222021202020192018
Income statement
Gross margin26,8 k €12,3 k €16,2 k €21,6 k €31,1 k €55,8 k €7,9 k €-77,2 k €
EBITDA25,7 k €10,1 k €15,2 k €20,8 k €29,6 k €54,9 k €7,7 k €-90,1 k €
Operating result17,1 k €6,3 k €9,4 k €15,5 k €24,1 k €53,2 k €5,9 k €-90,6 k €
Net result7,4 k €3 k €6 k €9 k €22,3 k €53,1 k €6,2 k €-91,5 k €
Balance sheet
Equity34,1 k €26,7 k €23,7 k €17,7 k €8,7 k €-26 k €-79,1 k €-85,3 k €
Total assets85,1 k €78,3 k €60,6 k €77,3 k €65,6 k €41 k €37,6 k €65,1 k €
Cash32,3 k €37,2 k €40,5 k €22,9 k €29,4 k €3,7 k €6,3 k €6 k €
Debts50,3 k €50,2 k €36,1 k €58,8 k €56,3 k €65,8 k €116,5 k €150,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Christine DEFAYS

Administrator - manager · since 23 septembre 2020

Active

Ended mandates

Michel GAYE

Administrator - manager · until 23 septembre 2020

Ended
Michel GAYE

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
ACA Immo● Active
0644.763.156
MEMOLUB INTERNATIONAL● Active
0462.320.311
PETRUS● Active
0458.432.589
Telko Belgium● Active
0437.931.739
TRIBOCONSULT● Active
0456.030.751
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/08/202611/08/202505/08/202416/08/202325/08/202224/08/2021
General meeting02/06/202603/06/202504/06/202406/06/202307/06/202201/06/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202502/06/202613/08/2026FrenchPDF
Micro model31/12/202403/06/202511/08/2025FrenchPDF
Micro model31/12/202304/06/202405/08/2024FrenchPDF
Micro model31/12/202206/06/202316/08/2023FrenchPDF
Micro model31/12/202107/06/202225/08/2022FrenchPDF
Micro model31/12/202001/06/202124/08/2021FrenchPDF
Micro model31/12/201923/09/202018/11/2020FrenchPDF
Micro model31/12/201804/06/201906/09/2019FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 31/12/2025 · 1 active · 2 ended

Active mandates

Christine DEFAYS

Administrator - manager · since 23 septembre 2020

Active

Ended mandates

Michel GAYE

Administrator - manager · until 23 septembre 2020

Ended
Michel GAYE

Manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office23/02/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - SIEGE SOCIAL - OBJET
    PDF
  • Mandates20/10/2020
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/05/2019
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office30/01/2019
    SIEGE SOCIAL
    PDF
  • Mandates22/03/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/11/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Other22/06/2017
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 20257,4 k €↑
  2. 2024
    Annual accounts 20243 k €↓
  3. 2023
    Annual accounts 20236 k €↓
  4. 2022
    Annual accounts 20229 k €↓
  5. 2021
    Annual accounts 202122,3 k €↓
  6. 2020
    Annual accounts 202053,1 k €↑
  7. 2019
    Annual accounts 20196,2 k €↑
  8. 2018
    Annual accounts 2018-91,5 k €
  9. 20/06/2017
    IncorporationPrivate limited company