ACTIVE

MGD

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Financial year 2025 · closed on 31/12/2025
Net result
202 k €
+15.6% YoY
Gross margin
300,9 k €
+14.2% YoY
Equity
513,3 k €
+64.9% YoY

What does MGD do?

MGD is a Private limited company incorporated in 2023. Its main activity is: Computer programming activities. Its registered office is in Merchtem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0800.698.772
Incorporation
13/04/2023
Legal form
Private limited company
Registered office
Meutersweg 14 box 22
1785 Merchtem · FlandreSee on map
Contributed capital
3 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities47530Retail sale of carpets, rugs, wall and floor coverings in specialised stores47530Retail sale of carpets, rugs, wall and floor coverings in specialised stores47639Retail sale of music and video recordings in specialised stores47640Retail sale of sporting equipment in specialised stores+12
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 3 financial years

202520242023
Income statement
Gross margin300,9 k €263,5 k €198,3 k €
EBITDA300,3 k €263,1 k €198 k €
Operating result288,3 k €251,1 k €190 k €
Net result202 k €174,7 k €133,6 k €
Balance sheet
Equity513,3 k €311,3 k €136,6 k €
Total assets697,7 k €408,1 k €256,1 k €
Cash487,7 k €230,1 k €97,6 k €
Debts183,3 k €96,3 k €119,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

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

Active mandates

Koen Dolfen

Director

Active

Ended mandates

Koen Dolfen

Statutaire Bestuurder

Ended
At this address

Other companies at this address

CompanyCBE no.
MAR'S MUNERIS● Active
0844.917.213
Annual accounts

Full financial information

202520242023
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202413/04/2023
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months9 months
Filing date28/05/202628/05/202531/05/2024
General meeting26/05/202627/05/202528/05/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202526/05/202628/05/2026DutchPDF
Micro model31/12/202427/05/202528/05/2025DutchPDF
Micro model31/12/202328/05/202431/05/2024DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 1 ended

Active mandates

Koen Dolfen

Director

Active

Ended mandates

Koen Dolfen

Statutaire Bestuurder

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other17/04/2023
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025202 k €↑
  2. 2024
    Annual accounts 2024174,7 k €↑
  3. 2023
    Annual accounts 2023133,6 k €
  4. 13/04/2023
    IncorporationPrivate limited company