ACTIVE

MGL

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Financial year 2025 · closed on 31/12/2025

Net result

14,3 k €

-97.7% YoY

Gross margin

68,3 k €

-93.0% YoY

Equity

706,6 k €

+2.1% YoY

What does MGL do?

MGL is a Private limited company incorporated in 2003. Its main activity is: Specialised construction activities. Its registered office is in Profondeville.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0861.864.992

Incorporation

25/11/2003

Legal form

Private limited company

Registered office

Rue Gaston Ragon(B.V.) 19
5170 Profondeville · WallonieSee on map

Latest accounts

31/12/2025

Activities (NACE)

43410Specialised construction activities· main 43910Roofing activities 45220Maintenance and repair of motor vehicles 43320Joinery installation 43320Joinery installation 45421Sale, maintenance and repair of motorcycles and related parts and accessories+1

Joint committees (4)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	68,3 k €	-93.0%	969,5 k €	+1787%	51,4 k €	-64.2%	143,4 k €	-15.0%	168,8 k €	+34.2%	125,7 k €	-41.3%	214,1 k €	-43.6%	379,9 k €	-8.5%	415,4 k €	-15.6%	492,2 k €	+20.3%	409 k €	-19.6%	509 k €	+6.2%	479,3 k €	+5.7%	453,6 k €	+61.8%	280,4 k €	+15.1%	243,5 k €	+25.5%	194,1 k €	+18.7%	163,5 k €	+154%	64,5 k €	+23.9%	52 k €
EBITDA	16,4 k €	-98.0%	821,7 k €	+8709%	-9,5 k €	-109%	102,7 k €	-24.3%	135,6 k €	+22.2%	111 k €	-26.4%	150,8 k €	+0.6%	149,9 k €	+278%	39,7 k €	-75.4%	161,1 k €	+60.6%	100,3 k €	-56.1%	228,5 k €	+17.7%	194,1 k €	+1.5%	191,3 k €	+59.4%	120 k €	+5.8%	113,4 k €	+8.7%	104,3 k €	+8.3%	96,3 k €	+192%	33 k €	+61.2%	20,5 k €
Operating result	5,9 k €	-99.3%	811,9 k €	+1383%	-63,3 k €	-229%	49 k €	-43.7%	87,1 k €	+4914%	-1,8 k €	-102%	72,6 k €	+386%	14,9 k €	+114%	-103,7 k €	-567%	22,2 k €	+297%	-11,2 k €	-110%	108,2 k €	+5.9%	102,2 k €	-5.2%	107,7 k €	+392%	21,9 k €	-51.8%	45,4 k €	+37.5%	33 k €	-11.0%	37,1 k €	+3387%	1,1 k €	+125%	-4,2 k €
Net result	14,3 k €	-97.7%	616,2 k €	+874%	-79,6 k €	-334%	34 k €	-46.0%	63,1 k €	+399%	-21,1 k €	-208%	19,6 k €	+371%	-7,2 k €	+94.4%	-128,3 k €	-7984%	1,6 k €	+105%	-30,9 k €	-152%	59,9 k €	+6.7%	56,2 k €	-8.0%	61,1 k €	+12511%	484,2 €	-97.8%	22 k €	+100.0%	11 k €	-39.4%	18,2 k €	+627%	-3,4 k €	+62.1%	-9,1 k €
Balance sheet
Equity	706,6 k €	+2.1%	692,4 k €	+809%	76,2 k €	-51.1%	155,8 k €	+28.0%	121,8 k €	+107%	58,7 k €	-26.4%	79,8 k €	+32.5%	60,2 k €	-10.7%	67,4 k €	-65.6%	195,8 k €	+0.8%	194,1 k €	-13.7%	225,1 k €	+36.3%	165,1 k €	+51.6%	108,9 k €	+60.5%	67,8 k €	+0.7%	67,4 k €	+48.5%	45,4 k €	+32.0%	34,3 k €	+112%	16,2 k €	-17.6%	19,6 k €
Total assets	802,4 k €	-18.9%	989,8 k €	+105%	483,8 k €	-14.6%	566,3 k €	+9.1%	519,1 k €	-6.3%	554,1 k €	-24.9%	737,5 k €	-25.7%	993 k €	-11.2%	1,1 M €	-8.7%	1,2 M €	+5.3%	1,2 M €	+13.2%	1 M €	+30.6%	787,2 k €	-6.7%	843,9 k €	-2.1%	861,8 k €	+18.6%	726,4 k €	+89.5%	383,3 k €	-3.8%	398,6 k €	+18.0%	337,7 k €	+194%	114,9 k €
Cash	19,2 k €	-97.5%	776,7 k €	+14397%	5,4 k €		–		6,7 k €		–		11,7 k €	+694%	1,5 k €	-87.4%	11,7 k €	-82.2%	65,6 k €	+2663%	2,4 k €	-96.4%	66,2 k €	+27.0%	52,2 k €	+219%	16,4 k €	+291%	4,2 k €	+13.2%	3,7 k €	-94.5%	67 k €	+3147%	2,1 k €	-91.3%	23,6 k €	+75.6%	13,4 k €
Debts	95,8 k €	-67.8%	297,4 k €	-27.0%	407,6 k €	+6.5%	382,8 k €	-3.5%	396,6 k €	-19.4%	492,2 k €	-25.2%	657,8 k €	-29.5%	932,8 k €	-11.3%	1,1 M €	+2.0%	1 M €	+6.3%	969,2 k €	+21.7%	796,4 k €	+28.2%	621,2 k €	-15.5%	735 k €	-7.4%	793,9 k €	+20.5%	659 k €	+95.0%	338 k €	-7.2%	364,2 k €	+13.3%	321,6 k €	+238%	95,2 k €
Other
Workforce	–		–		–		–		–		–		0,8 ETP	-84.3%	5,1 ETP	-32.9%	7,6 ETP	+11.8%	6,8 ETP	+4.6%	6,5 ETP	+8.3%	6,0 ETP	0.0%	6,0 ETP	-11.8%	6,8 ETP	+51.1%	4,5 ETP	+50.0%	3,0 ETP	+50.0%	2,0 ETP	+33.3%	1,5 ETP		–		1,0 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 · 1 ended

Active mandates

BENOIT LIEGEOIS

Manager · since 18 novembre 2003

Active

Ended mandates

BENOIT LIEGEOIS

Director · since 18 novembre 2003

Ended

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	26/08/2026	29/08/2025	27/09/2024	30/08/2023	31/08/2022	28/10/2021
General meeting	26/05/2026	26/05/2025	27/05/2024	30/05/2023	30/05/2022	31/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/05/2026	26/08/2026	French	PDF
Abridged model	31/12/2024	26/05/2025	29/08/2025	French	PDF
Abridged model	31/12/2023	27/05/2024	27/09/2024	French	PDF
Abridged model	31/12/2022	30/05/2023	30/08/2023	French	PDF
Abridged model	31/12/2021	30/05/2022	31/08/2022	French	PDF
Abridged model	31/12/2020	31/05/2021	28/10/2021	French	PDF
Abridged model	31/12/2019	25/05/2020	21/09/2020	French	PDF
Abridged model	31/12/2018	27/05/2019	31/08/2019	French	PDF
Abridged model	31/12/2017	28/05/2018	29/08/2018	French	PDF
Abridged model	31/12/2016	29/05/2017	30/08/2017	French	PDF
Abridged model	31/12/2015	30/05/2016	11/07/2016	French	PDF
Abridged model	31/12/2014	25/05/2015	28/08/2015	French	PDF
Abridged model	31/12/2013	26/05/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	27/05/2013	30/08/2013	French	PDF
Abridged model	31/12/2011	29/05/2012	09/08/2012	French	PDF
Abridged model	31/12/2010	30/05/2011	12/08/2011	French	PDF
Abridged model	31/12/2009	31/05/2010	24/08/2010	French	PDF
Abridged model	31/12/2008	25/05/2009	19/08/2009	French	PDF
Abridged model	31/12/2007	26/05/2008	29/08/2008	French	PDF
Abridged model	31/12/2006	28/05/2007	03/08/2007	French	PDF

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 · 1 ended

Active mandates

BENOIT LIEGEOIS

Manager · since 18 novembre 2003

Active

Ended mandates

BENOIT LIEGEOIS

Director · since 18 novembre 2003

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office09/05/2025
SIEGE SOCIAL
PDF
Mandates22/06/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Registered office10/11/2011
SIEGE SOCIAL
PDF
Registered office15/03/2011
SIEGE SOCIAL
PDF
Registered office26/03/2007
SIEGE SOCIAL
PDF
Other03/12/2003
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 202514,3 k €↓
2024
Annual accounts 2024616,2 k €↑
2023
Annual accounts 2023-79,6 k €↓
2022
Annual accounts 202234 k €↓
2021
Annual accounts 202163,1 k €↑
2020
Annual accounts 2020-21,1 k €↓
2019
Annual accounts 201919,6 k €↑
2018
Annual accounts 2018-7,2 k €↑
2017
Annual accounts 2017-128,3 k €↓
2016
Annual accounts 20161,6 k €↑
2015
Annual accounts 2015-30,9 k €↓
2014
Annual accounts 201459,9 k €↑
2013
Annual accounts 201356,2 k €↓
2012
Annual accounts 201261,1 k €↑
2011
Annual accounts 2011484,2 €↓
2010
Annual accounts 201022 k €↑
2009
Annual accounts 200911 k €↓
2008
Annual accounts 200818,2 k €↑
2007
Annual accounts 2007-3,4 k €↑
2006
Annual accounts 2006-9,1 k €
25/11/2003
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

MGL

Overview

What does MGL do?

Trend over 20 financial years

Indicative valuation

Board of directors

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