ACTIVE

MGH Consult

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Financial year 2025 · closed on 31/12/2025
Net result
44,1 k €
+7.4% YoY
Gross margin
68,9 k €
+1.9% YoY
Equity
171,5 k €
+33.7% YoY

What does MGH Consult do?

MGH Consult is a Private limited company incorporated in 2017. Its main activity is: Development of building projects. Its registered office is in Chaudfontaine.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0685.716.952
Incorporation
07/12/2017
Legal form
Private limited company
Registered office
Avenue du Parc 83
4053 Chaudfontaine · WallonieSee on map
Contributed capital
6 300,00 €
Latest accounts
31/12/2025
Activities (NACE)
41101Development of building projects· main68121Buying and selling of own real estate41102Development of building projects68122Buying and selling of own real estate
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin68,9 k €67,6 k €57,1 k €4,8 k €10,5 k €5,4 k €86,7 k €-20,4 k €
EBITDA67,4 k €66,1 k €51,7 k €2,3 k €10,5 k €4,8 k €86,7 k €-20,8 k €
Operating result65,2 k €65,1 k €51,3 k €2,3 k €10,5 k €4,8 k €86,7 k €-20,8 k €
Net result44,1 k €41 k €33,4 k €1,1 k €5,2 k €3,7 k €64,8 k €-24,9 k €
Balance sheet
Equity171,5 k €128,2 k €88 k €55,4 k €55,1 k €49,9 k €46,2 k €-18,6 k €
Total assets197,6 k €147 k €107,6 k €65,3 k €60,2 k €83,5 k €177 k €511,8 k €
Cash40,2 k €92 k €–63,1 k €54,9 k €74 k €123,2 k €6,6 k €
Debts26,2 k €18,2 k €19 k €9,9 k €5,2 k €33,6 k €130,8 k €530,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Julien Hourlay

Managing director

Active

Ended mandates

AGEXIM

Manager · 0634.591.123

Ended
Julien Hourlay

Manager

Ended
Julien HOURLAY

Director

Ended
WYNCONSEIL

Manager · 0830.822.222

Represented by Jerôme Heinen

Ended
At this address

Other companies at this address

CompanyCBE no.
Insulation Invest● Active
0801.159.424
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 date24/08/202628/08/202530/08/202406/07/202319/12/202229/07/2021
General meeting26/06/202627/06/202528/06/202430/06/202325/06/202226/06/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202526/06/202624/08/2026FrenchPDF
Micro model31/12/202427/06/202528/08/2025FrenchPDF
Micro model31/12/202328/06/202430/08/2024FrenchPDF
Micro model31/12/202230/06/202306/07/2023FrenchPDF
Micro model31/12/202125/06/202219/12/2022FrenchPDF
Micro model31/12/202026/06/202129/07/2021FrenchPDF
Micro model31/12/201927/06/202012/10/2020FrenchPDF
Micro model31/12/201828/06/201931/12/2019FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 4 ended

Active mandates

Julien Hourlay

Managing director

Active

Ended mandates

AGEXIM

Manager · 0634.591.123

Ended
Julien Hourlay

Manager

Ended
Julien HOURLAY

Director

Ended
WYNCONSEIL

Manager · 0830.822.222

Represented by Jerôme Heinen

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/03/2020
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS
    PDF
  • Other11/12/2017
    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 202544,1 k €↑
  2. 2024
    Annual accounts 202441 k €↑
  3. 2023
    Annual accounts 202333,4 k €↑
  4. 2022
    Annual accounts 20221,1 k €↓
  5. 2021
    Annual accounts 20215,2 k €↑
  6. 2020
    Annual accounts 20203,7 k €↓
  7. 2019
    Annual accounts 201964,8 k €↑
  8. 2018
    Annual accounts 2018-24,9 k €
  9. 07/12/2017
    IncorporationPrivate limited company