ACTIVE

M.G.D.F

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Financial year 2024 · closed on 31/12/2024
Net result
222,6 k €
+4.9% YoY
Gross margin
444,3 k €
-6.0% YoY
Equity
1 M €
+27.8% YoY
Workforce
5,0 ETP
-28.6% YoY

What does M.G.D.F do?

M.G.D.F is a Private company with limited liability incorporated in 2009. Its main activity is: Joinery installation. Its registered office is in Brunehaut. It employs on average 5,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0821.392.931
Incorporation
11/12/2009
Legal form
Private company with limited liability
Registered office
Rue de Tournai(HOL) 150
7620 Brunehaut · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Average workforce
5,0 ETP
Activities (NACE)
43320Joinery installation· main43320Joinery installation16230Manufacture of other builders' carpentry and joinery16230Manufacture of other builders' carpentry and joinery25120Manufacture of doors and windows of metal25120Manufacture of doors and windows of metal+6
Joint committees (2)
  • 124
  • 200
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 15 financial years

202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin444,3 k €472,5 k €391,1 k €280,2 k €329,1 k €508,1 k €373,9 k €375,7 k €336 k €396,1 k €221,1 k €238,7 k €185,9 k €204 k €250,6 k €
EBITDA280,7 k €251,8 k €141,9 k €43,9 k €88,5 k €204,8 k €156,5 k €105,7 k €108,7 k €194,6 k €62,6 k €93,2 k €52 k €90 k €109,9 k €
Operating result259,1 k €232,3 k €119,8 k €19,1 k €40,3 k €140,4 k €105,5 k €47,8 k €47,6 k €138,5 k €23,1 k €61,5 k €18,4 k €58,8 k €83,6 k €
Net result222,6 k €212,2 k €105,8 k €7,1 k €19,5 k €92,6 k €69,4 k €20,5 k €35,1 k €101,1 k €310 €32,6 k €-14,1 k €46,1 k €54,7 k €
Balance sheet
Equity1 M €799,6 k €587,5 k €481,7 k €474,6 k €455,1 k €362,5 k €293,1 k €272,6 k €237,5 k €136,4 k €137,5 k €104,9 k €119,4 k €73,3 k €
Total assets1,3 M €1,1 M €864,1 k €763 k €739,1 k €695,6 k €542,7 k €418 k €486,3 k €527,8 k €342,5 k €302,2 k €377 k €304,6 k €275,2 k €
Cash251,7 k €69,9 k €–83,2 k €43,6 k €51,4 k €113,1 k €32,7 k €51,8 k €64 k €19,2 k €39,9 k €43,9 k €62,6 k €12,4 k €
Debts254,3 k €292,1 k €276,6 k €281,3 k €264,5 k €240,5 k €180,1 k €124,9 k €213,7 k €290,4 k €206,1 k €164,7 k €272,1 k €185,2 k €201,9 k €
Other
Workforce5,0 ETP7,0 ETP8,0 ETP7,0 ETP7,0 ETP5,6 ETP––5,8 ETP4,2 ETP156 375,0 ETP3,0 ETP60 000,0 ETP3,0 ETP2,0 ETP
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 31/12/2024 · 1 active · 1 ended

Active mandates

FREDERIC DESCLEE

Director · since 03 décembre 2009

Active

Ended mandates

FREDERIC DESCLEE

Manager · since 03 décembre 2009

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/07/202531/07/202426/07/202305/09/202227/07/202126/11/2020
General meeting13/05/202514/05/202409/05/202310/05/202211/05/202128/08/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202413/05/202528/07/2025FrenchPDF
Abridged model31/12/202314/05/202431/07/2024FrenchPDF
Abridged model31/12/202209/05/202326/07/2023FrenchPDF
Abridged model31/12/202110/05/202205/09/2022FrenchPDF
Abridged model31/12/202011/05/202127/07/2021FrenchPDF
Abridged model31/12/201928/08/202026/11/2020FrenchPDF
Micro model31/12/201808/05/202011/05/2020FrenchPDF
Micro model31/12/201715/06/201826/10/2018FrenchPDF
Abridged model31/12/201609/05/201725/09/2017FrenchPDF
Abridged modelCorrection31/12/201511/05/201712/05/2017FrenchPDF
Abridged modelCorrection31/12/201525/06/201616/11/2016FrenchPDF
Abridged model31/12/201525/06/201624/08/2016FrenchPDF
Abridged model31/12/201427/06/201525/08/2015FrenchPDF
Abridged model31/12/201327/06/201428/08/2014FrenchPDF
Abridged model31/12/201231/05/201320/08/2013FrenchPDF
Abridged model31/12/201108/05/201230/08/2012FrenchPDF
Abridged model31/12/201010/05/201116/09/2011FrenchPDF
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 31/12/2024 · 1 active · 1 ended

Active mandates

FREDERIC DESCLEE

Director · since 03 décembre 2009

Active

Ended mandates

FREDERIC DESCLEE

Manager · since 03 décembre 2009

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other22/12/2009
    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. 2024
    Annual accounts 2024222,6 k €↑
  2. 2023
    Annual accounts 2023212,2 k €↑
  3. 2022
    Annual accounts 2022105,8 k €↑
  4. 2021
    Annual accounts 20217,1 k €↓
  5. 2020
    Annual accounts 202019,5 k €↓
  6. 2019
    Annual accounts 201992,6 k €↑
  7. 2018
    Annual accounts 201869,4 k €↑
  8. 2017
    Annual accounts 201720,5 k €↓
  9. 2016
    Annual accounts 201635,1 k €↓
  10. 2015
    Annual accounts 2015101,1 k €↑
  11. 2014
    Annual accounts 2014310 €↓
  12. 2013
    Annual accounts 201332,6 k €↑
  13. 2012
    Annual accounts 2012-14,1 k €↓
  14. 2011
    Annual accounts 201146,1 k €↓
  15. 2010
    Annual accounts 201054,7 k €
  16. 11/12/2009
    IncorporationPrivate company with limited liability