ACTIVE

MG8

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Financial year 2025 · closed on 31/12/2025
Net result
143,4 k €
-16.9% YoY
Gross margin
230,6 k €
-0.6% YoY
Equity
288,4 k €
+17.7% YoY

What does MG8 do?

MG8 is a Private limited company incorporated in 2022. Its main activity is: Retail sale of newspapers and stationery in specialised stores. Its registered office is in Ixelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0785.333.972
Incorporation
22/04/2022
Legal form
Private limited company
Registered office
Avenue Louise 309
1050 Ixelles · BruxellesSee on map
Contributed capital
3 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
47620Retail sale of newspapers and stationery in specialised stores· main47621Retail sale of newspapers and stationery in specialised stores46190Agents involved in the sale of a variety of goods46190Agents involved in the sale of a variety of goods47110Retail sale in non-specialised stores with food, beverages or tobacco predominating47112Retail sale in non-specialised stores with food, beverages or tobacco predominating+6
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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 margin230,6 k €232 k €82,8 k €30,6 k €
EBITDA206,2 k €224,7 k €74,5 k €29 k €
Operating result201,7 k €213,2 k €63,1 k €26,3 k €
Net result143,4 k €172,7 k €48,5 k €20,7 k €
Balance sheet
Equity288,4 k €245 k €72,3 k €23,7 k €
Total assets516,5 k €398,3 k €120,9 k €43,9 k €
Cash248,6 k €78,8 k €22,2 k €19,4 k €
Debts228,1 k €153,3 k €48,6 k €20,2 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

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

Active mandates

Mikail GUL

Director · since 22 avril 2022

Active
At this address

Other companies at this address

CompanyCBE no.
Association des copropriétaires de l'immeuble à Bruxelles , à front de l'avenue Louise 309● Active
0832.901.980
Annual accounts

Full financial information

2025202420232022
Type of accountMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202322/04/2022
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months9 months
Filing date27/08/202628/08/202530/07/202423/08/2023
General meeting19/06/202620/06/202521/06/202416/06/2023
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 model31/12/202519/06/202627/08/2026FrenchPDF
Micro model31/12/202420/06/202528/08/2025FrenchPDF
Micro model31/12/202321/06/202430/07/2024FrenchPDF
Micro model31/12/202216/06/202323/08/2023FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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

Active mandates

Mikail GUL

Director · since 22 avril 2022

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other26/04/2022
    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 2025143,4 k €↓
  2. 2024
    Annual accounts 2024172,7 k €↑
  3. 2023
    Annual accounts 202348,5 k €↑
  4. 2022
    Annual accounts 202220,7 k €
  5. 22/04/2022
    IncorporationPrivate limited company