ACTIVE

M & G

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Financial year 2025 · closed on 31/12/2025

Net result

5,4 k €

+334.5% YoY

Gross margin

60,2 k €

-1.0% YoY

Equity

206,9 k €

+2.7% YoY

What does M & G do?

M & G is a Private company with limited liability incorporated in 2004. Its registered office is in Haaltert.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0867.274.921

Incorporation

07/09/2004

Legal form

Private company with limited liability

Registered office

Stationsstraat(HA) 38
9450 Haaltert · FlandreSee on map

Contributed capital

220 000,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

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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	60,2 k €	-1.0%	60,8 k €	-3.7%	63,1 k €	+11.2%	56,8 k €	+7.6%	52,8 k €	-8.2%	57,5 k €	-3.9%	59,9 k €	+185%	21 k €	-85.2%	141,9 k €	+119%	64,9 k €	+2.3%	63,4 k €	-3.7%	65,9 k €	+0.4%	65,6 k €	+3.6%	63,3 k €	-0.8%	63,8 k €	+4.5%	61,1 k €	+18.2%	51,7 k €	-6.8%	55,4 k €	+46.4%	37,9 k €	-3.0%	39 k €
EBITDA	53,6 k €	-1.5%	54,4 k €	-4.5%	57 k €	+12.5%	50,6 k €	+8.3%	46,8 k €	+29.5%	36,1 k €	-34.0%	54,7 k €	+240%	16,1 k €	-88.1%	135 k €	+127%	59,4 k €	+1.2%	58,7 k €	-0.6%	59 k €	-3.5%	61,2 k €	+13.6%	53,9 k €	-9.4%	59,5 k €	+4.5%	57 k €	+12.4%	50,7 k €	-0.5%	51 k €	+47.5%	34,6 k €	-3.5%	35,8 k €
Operating result	22,6 k €	+75.5%	12,9 k €	-13.2%	14,8 k €	+74.6%	8,5 k €	+76.2%	4,8 k €	+284%	-2,6 k €	-114%	18,5 k €	+170%	-26,3 k €	-124%	108,8 k €	+298%	27,3 k €	+32.4%	20,6 k €	+1.4%	20,4 k €	-0.7%	20,5 k €	+58.1%	13 k €	-24.9%	17,3 k €	+18.9%	14,5 k €	+73.2%	8,4 k €	-27.5%	11,6 k €	+261%	-7,2 k €	-142%	17 k €
Net result	5,4 k €	+334%	-2,3 k €	-5.4%	-2,2 k €	+18.4%	-2,7 k €	+33.8%	-4 k €	+64.5%	-11,4 k €	-267%	6,8 k €	+121%	-32 k €	-151%	62,6 k €	+490%	10,6 k €	+10.3%	9,6 k €	+36.5%	7,1 k €	+46.2%	4,8 k €	+243%	-3,4 k €	-286%	-876,6 €	+88.1%	-7,4 k €	+49.4%	-14,6 k €	-14.4%	-12,7 k €	+49.6%	-25,2 k €	-1799%	-1,3 k €
Balance sheet
Equity	206,9 k €	+2.7%	201,5 k €	-1.1%	203,8 k €	-1.1%	206 k €	-1.3%	208,7 k €	-1.9%	212,7 k €	-5.1%	224 k €	+3.1%	217,2 k €	-12.8%	249,3 k €	+33.6%	186,6 k €	+6.0%	176 k €	+5.8%	166,4 k €	+4.4%	159,3 k €	+3.1%	154,5 k €	-2.1%	157,9 k €	-0.6%	158,7 k €	-4.4%	166,1 k €	-8.1%	180,7 k €	-6.6%	193,4 k €	+476%	-51,4 k €
Total assets	544,9 k €	-3.7%	566,1 k €	-7.1%	609,4 k €	-6.5%	651,7 k €	-7.0%	700,9 k €	-9.2%	771,8 k €	+5.6%	730,6 k €	-4.8%	767,4 k €	+52.4%	503,6 k €	+12.6%	447,1 k €	-3.2%	461,6 k €	-6.2%	492,3 k €	-7.3%	531,3 k €	-6.7%	569,4 k €	-3.7%	591,3 k €	-6.3%	630,9 k €	-5.8%	669,7 k €	-2.7%	688,3 k €	-3.7%	714,6 k €	+111%	339,1 k €
Cash	341,4 €	-32.1%	502,5 €	+270%	136 €	-83.0%	801,3 €	-1.6%	814,6 €	+2608%	30,1 €	-98.7%	2,3 k €	+0.7%	2,2 k €	-50.8%	4,6 k €	+74.7%	2,6 k €	+136%	1,1 k €	+122%	500 €	-89.9%	4,9 k €	-14.8%	5,8 k €	+543%	902,9 €	-73.0%	3,3 k €	-26.8%	4,6 k €	+82.1%	2,5 k €	+27.8%	2 k €	+2.4%	1,9 k €
Debts	314,3 k €	-7.6%	340,1 k €	-10.5%	380 k €	-8.9%	417,1 k €	-9.8%	462,6 k €	-12.7%	530 k €	+11.6%	474,8 k €	-8.2%	517,3 k €	+133%	222,3 k €	-14.5%	260,1 k €	-8.2%	283,3 k €	-13.1%	326 k €	-11.9%	369,8 k €	-9.7%	409,6 k €	-5.5%	433,4 k €	-8.2%	472,2 k €	-6.2%	503,5 k €	-0.5%	506 k €	-2.9%	521,1 k €	+33.7%	389,7 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 · 5 ended

Active mandates

Lutgarda Louisa Van Holsbeek

Director · since 31 mai 2005

Active

Ended mandates

Lutgarda Louisa Van Holsbeek

Administrator - manager · since 31 mai 2005

Ended

Lutgarda Louisa Van Holsbeek

Manager · since 31 mai 2005

Ended

Lutgarda Van Holsbeek

Administrator - manager · since 31 mai 2005

Ended

Lutgarda Van Holsbeek

Manager · since 31 mai 2005

Ended

At this address

Other companies at this address

Company	CBE no.
TANDARTSENPRAKTIJK DE COCK● Active	0437.684.883
THOMAS 2000● Active	0463.103.338

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	25/06/2026	17/06/2025	18/06/2024	23/08/2023	16/06/2022	23/08/2021
General meeting	15/06/2026	15/06/2025	15/06/2024	15/06/2023	15/06/2022	15/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/06/2026	25/06/2026	Dutch	PDF
Abridged model	31/12/2024	15/06/2025	17/06/2025	Dutch	PDF
Abridged model	31/12/2023	15/06/2024	18/06/2024	Dutch	PDF
Abridged model	31/12/2022	15/06/2023	23/08/2023	Dutch	PDF
Abridged model	31/12/2021	15/06/2022	16/06/2022	Dutch	PDF
Abridged model	31/12/2020	15/06/2021	23/08/2021	Dutch	PDF
Abridged model	31/12/2019	15/06/2020	09/07/2020	Dutch	PDF
Abridged model	31/12/2018	15/06/2019	19/06/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	18/06/2018	Dutch	PDF
Abridged model	31/12/2016	15/06/2017	20/06/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	05/08/2016	Dutch	PDF
Abridged model	31/12/2014	15/06/2015	10/07/2015	Dutch	PDF
Abridged model	31/12/2013	16/06/2014	12/08/2014	Dutch	PDF
Abridged model	31/12/2012	17/06/2013	28/08/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	15/06/2011	22/08/2011	Dutch	PDF
Abridged model	31/12/2009	15/06/2010	13/07/2010	Dutch	PDF
Abridged model	31/12/2008	15/06/2009	30/06/2009	Dutch	PDF
Abridged model	31/12/2007	16/06/2008	22/08/2008	Dutch	PDF
Abridged model	31/12/2006	15/06/2007	28/06/2007	Dutch	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 · 5 ended

Active mandates

Lutgarda Louisa Van Holsbeek

Director · since 31 mai 2005

Active

Ended mandates

Lutgarda Louisa Van Holsbeek

Administrator - manager · since 31 mai 2005

Ended

Lutgarda Louisa Van Holsbeek

Manager · since 31 mai 2005

Ended

Lutgarda Van Holsbeek

Administrator - manager · since 31 mai 2005

Ended

Lutgarda Van Holsbeek

Manager · since 31 mai 2005

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares16/01/2008
KAPITAAL - AANDELEN
PDF
Mandates19/08/2005
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/12/2004
MAATSCHAPPELIJKE ZETEL - BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN
PDF
Other24/09/2004
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

2025
Annual accounts 20255,4 k €↑
2024
Annual accounts 2024-2,3 k €↓
2023
Annual accounts 2023-2,2 k €↑
2022
Annual accounts 2022-2,7 k €↑
2021
Annual accounts 2021-4 k €↑
2020
Annual accounts 2020-11,4 k €↓
2019
Annual accounts 20196,8 k €↑
2018
Annual accounts 2018-32 k €↓
2017
Annual accounts 201762,6 k €↑
2016
Annual accounts 201610,6 k €↑
2015
Annual accounts 20159,6 k €↑
2014
Annual accounts 20147,1 k €↑
2013
Annual accounts 20134,8 k €↑
2012
Annual accounts 2012-3,4 k €↓
2011
Annual accounts 2011-876,6 €↑
2010
Annual accounts 2010-7,4 k €↑
2009
Annual accounts 2009-14,6 k €↓
2008
Annual accounts 2008-12,7 k €↑
2007
Annual accounts 2007-25,2 k €↓
2006
Annual accounts 2006-1,3 k €
07/09/2004
IncorporationPrivate company with limited liability

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

Overview

What does M & G do?

Trend over 20 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