ACTIVE

MG AUTOS

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Financial year 2024 · Closed on 31/12/2024

Net result
15,6 k €
+123,9 %over 1 year
Gross margin
21,6 k €
+155,9 %over 1 year
Equity
51 k €
+44,3 %over 1 year

Identity

Source · BCE/KBO

MG AUTOS is a Private limited company incorporated in 2022. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Ternat.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0783.834.927
Incorporation
25/03/2022
Legal form
Private limited company
Registered office
Assesteenweg 116 A
1740 Ternat · FlandreSee on map
Contributed capital
15 000,00 €
Latest accounts
31/12/2024
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202420232022
Income statement
Gross margin21,6 k €8,5 k €13,9 k €
EBITDA20,4 k €7,1 k €13,4 k €
Operating result20,4 k €7,1 k €13,4 k €
Net result15,6 k €7 k €13,3 k €
Balance sheet
Equity51 k €35,3 k €28,3 k €
Total assets123,2 k €95,3 k €64,5 k €
Cash38,7 k €6,3 k €28,8 k €
Debts72,2 k €59,9 k €36,2 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Other companies at this address

Assesteenweg 116 A 1740 Ternat
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0770.733.195
A&G BUILD SERVICE● Active
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ARI COMPANY● Bankrupt
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ASIMI TELECOM● Active
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AS-MULTI SERVICES● Bankrupt
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AST SERVICE● Liquidation
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AUTO 30● Active
1001.437.601
AUTOCLEANPRZ● Active
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AUTO KARE.F● Active
0793.800.587
AWS CONSTRUCT● Active
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BEAUTY IKRAM● Active
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Beersel Tax● Active
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BELGMA SERVICES● Active
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DENISSA AUTO● Bankrupt
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DSZ MOTORS● Active
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ELIA CARS● Active
0793.840.575

Full financial information

Source · NBB
202420232022
Type of accountMicro modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202318/03/2022
Closing of the financial year31/12/202431/12/202331/12/2022
Length of the financial year12 months12 months10 months
Filing date27/08/202513/12/202416/08/2023
General meeting30/06/202530/06/202430/05/2023
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202430/06/202527/08/2025FrenchPDF
Abridged model31/12/202330/06/202413/12/2024FrenchPDF
Abridged model31/12/202230/05/202316/08/2023FrenchPDF

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.

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other29/03/2022
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 202415,6 k €↑
  2. 2023
    Annual accounts 20237 k €↓
  3. 2022
    Annual accounts 202213,3 k €
  4. 25/03/2022
    IncorporationPrivate limited company