MG Distribution
0898.263.847 · rovalta.com · 23/09/2026
OPENING OF BANKRUPTCY
MG Distribution
Financial year 2023 · closed on 31/12/2023
Net result
-164,7 €
-100.1% YoY
Gross margin
32,7 k €
-77.1% YoY
Equity
66,1 k €
-0.2% YoY
Company — Opening of bankruptcy.
Overview
What does MG Distribution do?
MG Distribution is a Private limited company incorporated in 2008. Its main activity is: Buying and selling of own real estate. Its registered office is in Antwerpen.
Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0898.263.847
Incorporation
30/05/2008
Legal form
Private limited company
Registered office
Paardenmarkt 26
2000 Antwerpen · FlandreSee on map
2000 Antwerpen · FlandreSee on map
Contributed capital
125 000,00 €
Latest accounts
31/12/2023
Activities (NACE)
Signals
Positive cashflowPositive EBITDA
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 15 financial years
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||
| Gross margin | 32,7 k € | -77.1% | 142,5 k € | +86.3% | 76,5 k € | +72.8% | 44,3 k € | +939% | -5,3 k € | +80.7% | -27,3 k € | +12.2% | -31,1 k € | +10.7% | -34,8 k € | -122% | 157,3 k € | +38.6% | 113,5 k € | +342% | 25,7 k € | -58.6% | 62 k € | +710% | 7,7 k € | -84.7% | 50,2 k € | +202% | 16,6 k € |
| EBITDA | 30,5 k € | -78.2% | 139,8 k € | +104% | 68,6 k € | +60.2% | 42,8 k € | +748% | -6,6 k € | +76.6% | -28,2 k € | +22.6% | -36,4 k € | -1.7% | -35,8 k € | -123% | 155,6 k € | +57.7% | 98,7 k € | +597% | -19,9 k € | -241% | 14 k € | +351% | -5,6 k € | -111% | 48,8 k € | +181% | -60,3 k € |
| Operating result | 27,4 k € | -78.6% | 127,9 k € | +87.4% | 68,2 k € | +61.7% | 42,2 k € | +661% | -7,5 k € | +75.6% | -30,8 k € | +18.0% | -37,6 k € | +6.8% | -40,4 k € | -126% | 152,7 k € | +62.2% | 94,1 k € | +465% | -25,8 k € | +6.0% | -27,4 k € | -309% | -6,7 k € | -114% | 48,5 k € | +180% | -60,6 k € |
| Net result | -164,7 € | -100% | 113,9 k € | +130% | 49,6 k € | +587% | 7,2 k € | +117% | -41,3 k € | +14.0% | -48 k € | +4.9% | -50,5 k € | -8.1% | -46,7 k € | -144% | 105,1 k € | +24.6% | 84,3 k € | +366% | -31,7 k € | +36.2% | -49,7 k € | -259% | 31,3 k € | -23.5% | 40,9 k € | +118% | -223,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||
| Equity | 66,1 k € | -0.2% | 66,3 k € | +239% | -47,6 k € | +51.0% | -97,2 k € | +6.9% | -104,4 k € | -65.5% | -63,1 k € | -318% | -15,1 k € | -143% | 35,4 k € | -56.9% | 82,1 k € | +458% | -23 k € | +78.6% | -107,3 k € | -41.9% | -75,6 k € | -192% | -25,9 k € | +54.7% | -57,2 k € | +41.7% | -98,1 k € |
| Total assets | 1,2 M € | +34.4% | 874,3 k € | +380% | 182 k € | -82.5% | 1 M € | +2.6% | 1 M € | +36.6% | 743,9 k € | +25.6% | 592,2 k € | +76.2% | 336,1 k € | +160% | 129 k € | -34.9% | 198,2 k € | +109% | 94,7 k € | +100% | 47,3 k € | -56.8% | 109,6 k € | +25.8% | 87,1 k € | +244% | 25,3 k € |
| Cash | 7,6 k € | -70.1% | 25,5 k € | +401% | 5,1 k € | – | 2,9 k € | +167% | 1,1 k € | -74.8% | 4,3 k € | – | 59,3 k € | +2654% | 2,2 k € | -72.0% | 7,7 k € | +250% | 2,2 k € | -59.8% | 5,5 k € | +26.9% | 4,3 k € | – | |||||
| Debts | 1,1 M € | +37.4% | 807,2 k € | +252% | 229,6 k € | -79.8% | 1,1 M € | +1.8% | 1,1 M € | +38.8% | 805,9 k € | +32.9% | 606,2 k € | +102% | 299,8 k € | +542% | 46,7 k € | -78.8% | 220,5 k € | +9.6% | 201,2 k € | +65.5% | 121,6 k € | -9.1% | 133,7 k € | -7.3% | 144,3 k € | +16.9% | 123,4 k € |
| Other | |||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | 0,3 ETP | -70.0% | 1,0 ETP | 0.0% | 1,0 ETP | +233% | 0,3 ETP | – | 1,4 ETP | |||||||||||
Governance
Board of directors
Seen on filing of 31/12/2023 · 1 active · 3 ended
Active mandates
Marc Pittoors
ActiveEnded mandates
Marc Pittoors
EndedGuy Celen
EndedMarianne Rombouts
EndedFinancials
Annual accounts
Full financial information
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 | 01/01/2018 |
| Closing of the financial year | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 | 31/12/2018 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 25/10/2024 | 04/10/2023 | 10/08/2022 | 10/08/2021 | 31/07/2020 | 25/07/2019 |
| General meeting | 30/09/2024 | 30/08/2023 | 15/07/2022 | 30/06/2021 | 30/06/2020 | 29/06/2019 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
15 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2023 | 30/09/2024 | 25/10/2024 | Dutch | |
| Micro model | 31/12/2022 | 30/08/2023 | 04/10/2023 | Dutch | |
| Micro model | 31/12/2021 | 15/07/2022 | 10/08/2022 | Dutch | |
| Micro model | 31/12/2020 | 30/06/2021 | 10/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 30/06/2020 | 31/07/2020 | Dutch | |
| Micro model | 31/12/2018 | 29/06/2019 | 25/07/2019 | Dutch | |
| Micro model | 31/12/2017 | 29/06/2018 | 22/08/2018 | Dutch | |
| Micro model | 31/12/2016 | 29/06/2017 | 26/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 06/06/2016 | 26/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 30/07/2015 | 09/09/2015 | Dutch | |
| Abridged model | 31/12/2013 | 30/07/2014 | 29/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 03/06/2013 | 28/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 30/07/2012 | 30/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 29/06/2011 | 28/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 27/06/2010 | 12/07/2010 | Dutch |
Valuation
Estimate
Indicative valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2023 · 1 active · 3 ended
Active mandates
Marc Pittoors
ActiveEnded mandates
Marc Pittoors
EndedGuy Celen
EndedMarianne Rombouts
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates19/03/2025WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Registered office08/07/2016MAATSCHAPPELIJKE ZETEL
- Registered office22/10/2014MAATSCHAPPELIJKE ZETEL
- Registered office25/04/2012MAATSCHAPPELIJKE ZETEL
- Mandates19/02/2010MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates18/08/2008ONTSLAGEN - BENOEMINGEN
- Other03/06/2008RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2023Annual accounts 2023-164,7 €↓
- 2022Annual accounts 2022113,9 k €↑
- 2021Annual accounts 202149,6 k €↑
- 2020Annual accounts 20207,2 k €↑
- 2019Annual accounts 2019-41,3 k €↑
- 2018Annual accounts 2018-48 k €↑
- 2017Annual accounts 2017-50,5 k €↓
- 2016Annual accounts 2016-46,7 k €↓
- 2015Annual accounts 2015105,1 k €↑
- 2014Annual accounts 201484,3 k €↑
- 2013Annual accounts 2013-31,7 k €↑
- 2012Annual accounts 2012-49,7 k €↓
- 2011Annual accounts 201131,3 k €↓
- 2010Annual accounts 201040,9 k €↑
- 2009Annual accounts 2009-223,1 k €
- 30/05/2008IncorporationPrivate limited company