ACTIVE

M.G.D.

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Financial year 2025 · closed on 31/12/2025

Net result

9,9 k €

+118.5% YoY

Gross margin

28,6 k €

+27.7% YoY

Equity

81,2 k €

+13.9% YoY

What does M.G.D. do?

M.G.D. is a Private limited company incorporated in 2011. Its registered office is in Huy.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0836.909.961

Incorporation

10/06/2011

Legal form

Private limited company

Registered office

Grand-Route 81
4500 Huy · WallonieSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	28,6 k €	+27.7%	22,4 k €	-20.3%	28,1 k €	-18.5%	34,6 k €	+13.2%	30,5 k €	-17.5%	37 k €	+85.1%	20 k €	-16.8%	24 k €	+42.8%	16,8 k €	-41.4%	28,7 k €	-20.1%	35,9 k €	+3.3%	34,8 k €	+68.9%	20,6 k €	-73.0%	76,3 k €
EBITDA	23,8 k €	+34.3%	17,7 k €	-25.1%	23,7 k €	-22.3%	30,5 k €	+14.8%	26,5 k €	-19.7%	33,1 k €	+105%	16,1 k €	-20.3%	20,2 k €	+54.6%	13,1 k €	-47.8%	25 k €	-21.0%	31,6 k €	+3.4%	30,6 k €	+85.2%	16,5 k €	-75.9%	68,5 k €
Operating result	15,6 k €	+87.4%	8,3 k €	-33.5%	12,5 k €	-35.2%	19,3 k €	+42.3%	13,6 k €	-32.4%	20,1 k €	+547%	3,1 k €	-56.9%	7,2 k €	+9309%	76,6 €	-99.5%	14,2 k €	-31.8%	20,9 k €	+10.0%	19 k €	+3208%	-610,4 €	-102%	35,2 k €
Net result	9,9 k €	+119%	4,5 k €	-41.5%	7,8 k €	-37.8%	12,5 k €	+54.6%	8,1 k €	-36.2%	12,6 k €	+10818%	115,7 €	-97.2%	4,1 k €	+236%	-3,1 k €	-142%	7,3 k €	+27.0%	5,7 k €	-42.3%	9,9 k €	+192%	-10,7 k €	-250%	7,2 k €
Balance sheet
Equity	81,2 k €	+13.9%	71,3 k €	+6.8%	66,7 k €	+13.1%	59 k €	+26.8%	46,5 k €	+21.0%	38,4 k €	+49.0%	25,8 k €	+0.5%	25,7 k €	+19.2%	21,5 k €	-12.4%	24,6 k €	+42.0%	17,3 k €	+49.3%	11,6 k €	+590%	1,7 k €	-86.5%	12,4 k €
Total assets	152,4 k €	-1.8%	155,2 k €	-10.0%	172,4 k €	-6.7%	184,7 k €	-4.1%	192,5 k €	-4.9%	202,4 k €	-8.5%	221,2 k €	+1.1%	218,7 k €	-0.7%	220,3 k €	-3.0%	227,2 k €	-6.9%	243,9 k €	+2.1%	239 k €	-3.5%	247,7 k €	-10.7%	277,4 k €
Cash	21,4 k €	-13.1%	24,6 k €	-21.5%	31,3 k €	-3.3%	32,4 k €	+138%	13,6 k €	+31.7%	10,4 k €	-67.1%	31,5 k €	+1707%	1,7 k €	-69.8%	5,8 k €	-40.8%	9,8 k €	-25.0%	13 k €	+573%	1,9 k €	+243%	563 €	-97.1%	19,3 k €
Debts	68,8 k €	-12.8%	78,9 k €	-23.1%	102,6 k €	-17.0%	123,7 k €	-14.1%	144 k €	-11.1%	161,9 k €	-9.6%	179,1 k €	-7.2%	193 k €	-2.9%	198,8 k €	-1.9%	202,6 k €	-10.6%	226,5 k €	-0.4%	227,3 k €	-7.6%	246,1 k €	-6.6%	263,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Bernard Stainier

Director · since 25 avril 2024

Active

Ended mandates

BERNARD STAINIER

Director · since 02 octobre 2015

Ended

BERNARD STAINIER

Manager · since 02 octobre 2015

Ended

Margarita GODOY BONILLA

Manager · since 10 juin 2011 · until 02 octobre 2015

Ended

Margarita GODOY

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
ALPHAFIN● Active	0810.726.691
ALPHASSET● Active	0643.864.521
La Grange des Pères● Active	0845.924.924
THETA INVESTMENT● Active	0779.358.772

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/08/2026	19/08/2025	13/08/2024	04/08/2023	27/07/2022	28/06/2021
General meeting	11/06/2026	12/06/2025	13/06/2024	08/06/2023	09/06/2022	10/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	11/06/2026	03/08/2026	French	PDF
Abridged model	31/12/2024	12/06/2025	19/08/2025	French	PDF
Abridged model	31/12/2023	13/06/2024	13/08/2024	French	PDF
Abridged model	31/12/2022	08/06/2023	04/08/2023	French	PDF
Abridged model	31/12/2021	09/06/2022	27/07/2022	French	PDF
Abridged model	31/12/2020	10/06/2021	28/06/2021	French	PDF
Abridged model	31/12/2019	11/06/2020	19/06/2020	French	PDF
Abridged model	31/12/2018	13/06/2019	26/08/2019	French	PDF
Abridged model	31/12/2017	14/06/2018	09/08/2018	French	PDF
Abridged model	31/12/2016	08/06/2017	29/08/2017	French	PDF
Abridged model	31/12/2015	09/06/2016	30/08/2016	French	PDF
Abridged model	31/12/2014	15/06/2015	19/06/2015	French	PDF
Abridged model	31/12/2013	10/02/2014	25/02/2014	French	PDF
Abridged model	31/12/2012	13/05/2013	31/05/2013	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 4 ended

Active mandates

Bernard Stainier

Director · since 25 avril 2024

Active

Ended mandates

BERNARD STAINIER

Director · since 02 octobre 2015

Ended

BERNARD STAINIER

Manager · since 02 octobre 2015

Ended

Margarita GODOY BONILLA

Manager · since 10 juin 2011 · until 02 octobre 2015

Ended

Margarita GODOY

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/04/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office03/03/2021
SIEGE SOCIAL - MODIFICATION FORME JURIDIQUE
PDF
Registered office30/11/2020
SIEGE SOCIAL
PDF
Mandates22/10/2015
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Registered office17/07/2013
SIEGE SOCIAL
PDF
Other23/06/2011
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

2025
Annual accounts 20259,9 k €↑
2024
Annual accounts 20244,5 k €↓
2023
Annual accounts 20237,8 k €↓
2022
Annual accounts 202212,5 k €↑
2022
Name changeM.G.D.
2021
Annual accounts 20218,1 k €↓
2021
Name changeMGD
2020
Annual accounts 202012,6 k €↑
2019
Annual accounts 2019115,7 €↓
2018
Annual accounts 20184,1 k €↑
2017
Annual accounts 2017-3,1 k €↓
2016
Annual accounts 20167,3 k €↑
2015
Annual accounts 20155,7 k €↓
2014
Annual accounts 20149,9 k €↑
2013
Annual accounts 2013-10,7 k €↓
2012
Annual accounts 20127,2 k €
10/06/2011
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

M.G.D.

Overview

What does M.G.D. do?

Trend over 14 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline