ACTIVE

MGSL

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Financial year 2024 · Closed on 31/12/2024

Net result292,5 k €+232,7 %over 1 year
Gross margin428,7 k €+208,9 %over 1 year
Equity720,4 k €+68,4 %over 1 year

Identity

Source · BCE/KBO

MGSL is a Private limited company incorporated in 2010. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0826.081.494
Incorporation
21/05/2010
Legal form
Private limited company
Registered office
Vlaanderenstraat 107B box 401
9000 Gent · FlandreSee on map
Contributed capital
24 800,00 €
Latest accounts
31/12/2024
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 14 filings

Trend over 7 financial years

20242023202220212013
Income statement
Gross margin428,7 k €138,8 k €121,9 k €104,1 k €64 k €
EBITDA424,3 k €135,3 k €119 k €101,3 k €60,4 k €
Operating result421,4 k €122,6 k €103,9 k €87,4 k €49,7 k €
Net result292,5 k €87,9 k €74,7 k €62,4 k €32,3 k €
Balance sheet
Equity720,4 k €427,9 k €340 k €265,3 k €107,6 k €
Total assets756 k €434,8 k €346,2 k €304,6 k €361,7 k €
Cash23,2 k €69,4 k €92,7 k €38,5 k €19,8 k €
Debts35,6 k €6,9 k €6,3 k €39,3 k €254,2 k €

Valuation

Indicative valuation

As an indication, this company is worth

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

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 7 ended

Active mandates

Gudrun GHYS

Director · since 24 septembre 2012

Active
Michel CORTHALS

Director · since 20 mai 2010

Active

Ended mandates

Gudrun Ghys

Manager · since 24 décembre 2012

Ended
Gudrun GHYS

Manager · since 24 septembre 2012

Ended
Michel Corthals

Manager · since 20 mai 2010

Ended
Gudrun Ghys

Director

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountMicro modelAbridged modelMicro 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 date10/06/202504/06/202405/06/202312/04/202207/06/202129/04/2020
General meeting07/06/202501/06/202403/06/202301/03/202205/06/202114/04/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202407/06/202510/06/2025DutchPDF
Abridged model31/12/202301/06/202404/06/2024DutchPDF
Micro model31/12/202203/06/202305/06/2023DutchPDF
Abridged model31/12/202101/03/202212/04/2022DutchPDF
Abridged model31/12/202005/06/202107/06/2021DutchPDF
Abridged model31/12/201914/04/202029/04/2020DutchPDF
Micro model31/12/201801/06/201903/06/2019DutchPDF
Micro model31/12/201705/03/201810/04/2018DutchPDF
Abridged model31/12/201603/06/201721/06/2017DutchPDF
Abridged model31/12/201504/06/201615/06/2016DutchPDF
Abridged model31/12/201406/06/201511/06/2015DutchPDF
Abridged model31/12/201307/06/201410/06/2014DutchPDF
Abridged model31/12/201201/06/201306/06/2013DutchPDF
Abridged model31/12/201102/06/201215/06/2012DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 7 ended

Active mandates

Gudrun GHYS

Director · since 24 septembre 2012

Active
Michel CORTHALS

Director · since 20 mai 2010

Active

Ended mandates

Gudrun Ghys

Manager · since 24 décembre 2012

Ended
Gudrun GHYS

Manager · since 24 septembre 2012

Ended
Michel Corthals

Manager · since 20 mai 2010

Ended
Gudrun Ghys

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office30/12/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates26/08/2022
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/10/2012
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office07/09/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other02/06/2010
    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 2024292,5 k €↑
  2. 2023
    Annual accounts 202387,9 k €↑
  3. 2022
    Annual accounts 202274,7 k €↑
  4. 2021
    Annual accounts 202162,4 k €↑
  5. 2013
    Annual accounts 201332,3 k €↓
  6. 2012
    Annual accounts 201236,6 k €↓
  7. 2011
    Annual accounts 201163,8 k €
  8. 21/05/2010
    IncorporationPrivate limited company