ACTIVE

MBGS

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Financial year 2025 · closed on 31/12/2025
Net result
2,2 k €
-98.0% YoY
Gross margin
138,7 k €
+0.3% YoY
Equity
364,4 k €
+0.6% YoY

What does MBGS do?

MBGS is a Private limited company incorporated in 2021. Its registered office is in Ixelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0767.568.126
Incorporation
27/04/2021
Legal form
Private limited company
Registered office
Chaussée de Boondael 365
1050 Ixelles · BruxellesSee on map
Contributed capital
5 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin138,7 k €138,4 k €271,9 k €42,3 k €
EBITDA122,8 k €137,5 k €271,7 k €41,9 k €
Operating result22,4 k €134,1 k €265,3 k €33 k €
Net result2,2 k €111 k €265,3 k €23,7 k €
Balance sheet
Equity364,4 k €362,2 k €294 k €28,7 k €
Total assets1,4 M €553,3 k €309,3 k €60,7 k €
Cash87,5 k €37,2 k €135,9 k €11,6 k €
Debts990,1 k €191,2 k €15,3 k €32 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

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

Active mandates

Matthieu GHINS

Director · since 27 avril 2021

Active

Ended mandates

Matthieu Ghins

Administrateur · since 27 avril 2021

Ended
At this address

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Annual accounts

Full financial information

2025202420232022
Type of accountMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202327/04/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months21 months
Filing date29/07/202614/08/202512/07/202429/08/2023
General meeting30/06/202619/06/202520/06/202415/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202629/07/2026FrenchPDF
Micro model31/12/202419/06/202514/08/2025FrenchPDF
Micro model31/12/202320/06/202412/07/2024FrenchPDF
Micro model31/12/202215/06/202329/08/2023FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 1 ended

Active mandates

Matthieu GHINS

Director · since 27 avril 2021

Active

Ended mandates

Matthieu Ghins

Administrateur · since 27 avril 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other19/04/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS
    PDF
  • Other29/04/2021
    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 20252,2 k €↓
  2. 2024
    Annual accounts 2024111 k €↓
  3. 2023
    Annual accounts 2023265,3 k €↑
  4. 2022
    Annual accounts 202223,7 k €
  5. 27/04/2021
    IncorporationPrivate limited company