ACTIVE

MGI LOG

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Financial year 2025 · closed on 31/12/2025
Net result
-156,3 k €
-61.9% YoY
Gross margin
153,3 k €
-21.4% YoY
Equity
-13,6 k €
-109.5% YoY

What does MGI LOG do?

MGI LOG is a Private limited company incorporated in 2010. Its main activity is: Agents involved in the sale of machinery, industrial equipment, ships and aircraft. Its registered office is in Deinze.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0830.912.292
Incorporation
28/10/2010
Legal form
Private limited company
Registered office
Beentjesstraat 59
9850 Deinze · FlandreSee on map
Contributed capital
300 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft· main46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft45113Sale of cars and light motor vehicles47811Retail sale via stalls and markets of food, beverages and tobacco products77320Rental and leasing of construction and civil engineering machinery and equipment77320Rental and leasing of construction and civil engineering machinery and equipment
Joint committees (2)
  • 124
  • 218
Signals
Positive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin153,3 k €195 k €75,9 k €-28 k €-18,1 k €52,7 k €-159,4 k €242,4 k €303,8 k €260,7 k €249,6 k €268,3 k €252,2 k €285,1 k €204,2 k €
EBITDA142,7 k €184,6 k €-1,2 M €-39,2 k €-38 k €50,3 k €-286,8 k €122,1 k €123,5 k €132,3 k €138,9 k €145,8 k €149,3 k €158,8 k €157,6 k €
Operating result102,7 k €144,6 k €-1,3 M €-81,7 k €-85,2 k €-15,6 k €-531,3 k €26,1 k €23,3 k €31,5 k €30,7 k €34,7 k €36,8 k €54,1 k €62,5 k €
Net result-156,3 k €-96,5 k €-1,4 M €-99,4 k €-106,5 k €107,8 k €-99 k €4 k €-714,3 €142,6 €1,6 k €256,9 €1,9 k €14,6 k €18,7 k €
Balance sheet
Equity-13,6 k €142,7 k €239,3 k €143,5 k €242,9 k €349,3 k €241,5 k €340,6 k €336,5 k €337,3 k €337,1 k €335,5 k €335,2 k €333,3 k €318,7 k €
Total assets5,3 M €5,4 M €5,2 M €831,4 k €896,4 k €1,1 M €1,1 M €1,3 M €1,5 M €1,4 M €1,3 M €1,3 M €1,4 M €1,5 M €1,6 M €
Cash277,4 k €358 k €20,1 k €307,7 €9,4 k €7,8 k €––9,2 €–33,1 €2,7 k €8,8 k €11,3 k €3,1 k €
Debts5,3 M €5,3 M €5 M €668,2 k €641,3 k €733,9 k €824,5 k €1 M €1,2 M €1 M €914,4 k €940,2 k €1 M €1,2 M €1,3 M €
Other
Workforce–––––––––3,2 ETP2,6 ETP2,9 ETP2,5 ETP2,5 ETP1,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

MG INVESTMENT

Director · since 11 décembre 2023 · 0540.841.316

Represented by Laure Devuyst

Active

Ended mandates

MG INVESTMENT

Managing director · since 12 décembre 2022 · 0540.841.316

Represented by Ignace De Paepe

Ended
JVL MANAGEMENT

Director · since 11 octobre 2013 · 0539.979.006

Represented by Joris Vanlommel

Ended
JVL MANAGEMENT

Manager · since 11 octobre 2013 · 0539.979.006

Represented by Joris Vanlommel

Ended
JVL MANAGEMENT

Manager · since 11 octobre 2013 · 0539.979.006

Represented by Joris Vanlommel

Ended
At this address

Other companies at this address

CompanyCBE no.
MGI KMO● Active
0740.908.962
MGI RES● Active
0670.825.670
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/10/202201/10/202101/10/202001/10/2019
Closing of the financial year31/12/202531/12/202431/12/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months15 months12 months12 months12 months
Filing date05/08/202620/08/202531/08/202402/12/202229/04/202230/04/2021
General meeting12/06/202613/06/202514/06/202422/11/202204/03/202205/03/2021
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/06/202605/08/2026DutchPDF
Abridged model31/12/202413/06/202520/08/2025DutchPDF
Abridged model31/12/202314/06/202431/08/2024DutchPDF
Micro model30/09/202222/11/202202/12/2022DutchPDF
Micro model30/09/202104/03/202229/04/2022DutchPDF
Micro model30/09/202005/03/202130/04/2021DutchPDF
Micro model30/09/201906/03/202030/04/2020DutchPDF
Micro model30/09/201801/03/201929/05/2019DutchPDF
Micro model30/09/201702/03/201830/03/2018DutchPDF
Abridged model30/09/201603/03/201709/05/2017DutchPDF
Abridged model30/09/201504/03/201625/03/2016DutchPDF
Abridged model30/09/201406/03/201520/03/2015DutchPDF
Abridged model30/09/201307/03/201419/03/2014DutchPDF
Abridged model30/09/201201/03/201325/04/2013DutchPDF
Abridged model30/09/201102/03/201222/03/2012DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 7 ended

Active mandates

MG INVESTMENT

Director · since 11 décembre 2023 · 0540.841.316

Represented by Laure Devuyst

Active

Ended mandates

MG INVESTMENT

Managing director · since 12 décembre 2022 · 0540.841.316

Represented by Ignace De Paepe

Ended
JVL MANAGEMENT

Director · since 11 octobre 2013 · 0539.979.006

Represented by Joris Vanlommel

Ended
JVL MANAGEMENT

Manager · since 11 octobre 2013 · 0539.979.006

Represented by Joris Vanlommel

Ended
JVL MANAGEMENT

Manager · since 11 octobre 2013 · 0539.979.006

Represented by Joris Vanlommel

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/03/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates27/11/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/11/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office17/03/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other18/11/2010
    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 2025-156,3 k €↓
  2. 2024
    Annual accounts 2024-96,5 k €↑
  3. 2023
    Annual accounts 2023-1,4 M €↓
  4. 2023
    Name changeMgi Log (vlj)
  5. 2022
    Annual accounts 2022-99,4 k €↑
  6. 2021
    Annual accounts 2021-106,5 k €↓
  7. 2021
    Name changeVLJ
  8. 2020
    Annual accounts 2020107,8 k €↑
  9. 2019
    Annual accounts 2019-99 k €↓
  10. 2018
    Annual accounts 20184 k €↑
  11. 2017
    Annual accounts 2017-714,3 €↓
  12. 2016
    Annual accounts 2016142,6 €↓
  13. 2015
    Annual accounts 20151,6 k €↑
  14. 2014
    Annual accounts 2014256,9 €↓
  15. 2013
    Annual accounts 20131,9 k €↓
  16. 2012
    Annual accounts 201214,6 k €↓
  17. 2011
    Annual accounts 201118,7 k €
  18. 28/10/2010
    IncorporationPrivate limited company