ACTIVE

MGS DEVELOPPEMENT

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Financial year 2025 · Closed on 31/12/2025

Net result19,1 k €+63,2 %over 1 year
Gross margin34,2 k €+72,0 %over 1 year
Equity57,7 k €+52,5 %over 1 year

Identity

Source · BCE/KBO

MGS DEVELOPPEMENT is a Private limited company incorporated in 2021. Its main activity is: Management consultancy activities. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0772.866.504
Incorporation
25/08/2021
Legal form
Private limited company
Registered office
Avenue Louise 231
1050 Bruxelles · BruxellesSee on map
Contributed capital
1 000,00 €
Latest accounts
31/12/2025
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 4 filings

Trend over 4 financial years

2025202420232022
Income statement
Gross margin34,2 k €19,9 k €50 k €68,7 k €
EBITDA30,8 k €18 k €40,5 k €68,7 k €
Operating result26,3 k €12,8 k €35,4 k €67,5 k €
Net result19,1 k €11,7 k €26 k €49,6 k €
Balance sheet
Equity57,7 k €37,8 k €27 k €1 k €
Total assets117,9 k €86,6 k €59,9 k €71,5 k €
Cash10 k €4,8 k €17,1 k €32,4 k €
Debts60,2 k €48,8 k €33 k €70,5 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Stéphane MUHIKIRA

Director

Active

Ended mandates

STEPHANE MUHIKIRA

Mandate

Ended

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Full financial information

Source · NBB
2025202420232022
Type of accountMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202325/08/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months17 months
Filing date17/07/202627/08/202503/06/202530/08/2023
General meeting30/06/202631/07/202508/05/202524/08/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 4 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202617/07/2026FrenchPDF
Micro model31/12/202431/07/202527/08/2025FrenchPDF
Micro model31/12/202308/05/202503/06/2025FrenchPDF
Micro model31/12/202224/08/202330/08/2023FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Stéphane MUHIKIRA

Director

Active

Ended mandates

STEPHANE MUHIKIRA

Mandate

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other27/08/2021
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

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 202519,1 k €↑
  2. 2024
    Annual accounts 202411,7 k €↓
  3. 2023
    Annual accounts 202326 k €↓
  4. 2022
    Annual accounts 202249,6 k €
  5. 25/08/2021
    IncorporationPrivate limited company