About Mg Retail

Mg Retail is a public limited company (NV/SA) based in Gent, founded in 2015. Its main activity is classified as "Ontwikkeling van residentiële bouwprojecten". For the 2025 financial year, Mg Retail reported a loss of €42,185. That makes 6 loss-making financial years in a row for Mg Retail. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €285,064, up 1,486% on 2024. Equity stands at €147,626, a solvency ratio of 4.2%. In 2016 it was €38,856. 10 annual accounts are available, covering 2016 to 2025.

Juridical situation
Normal situation
Company number
0643.699.918
Founding date
Founded on 30-11-2015
EUID number
BEKBOBCE.0643.699.918
Type of enterprise
Rechtspersoon
Location
Esplanade Oscar Van De Voorde 1 Gent 9000
Juridical form
NV — Public limited company (NV/SA)
Signals
Reporting losses
Poor liquidity
Negative cashflow
Strong equity
Positive EBITDA

Financial ratios

Profit
€ -42K
Increased by 85%
Equity
€ 148K
Decreased by 22%
Gross margin
€ 285K
Increased by 1486%
Health
Solvability > 25%
4.2%
Liquidity > 1.0
0.70
Profitability > 0%
-28.6%
2025
2024
2023
2022
Gross margin
€ 285K
€ 18K
€ -18K
€ -8K
EBITDA
€ 285K
€ -11K
€ -163K
€ -8K
Profit
€ -42K
€ -283K
€ -314K
€ -98K
Equity
€ 148K
€ 190K
€ 472K
€ 787K
Solvability
4.22%
1.62%
4.37%
7.89%
Debt
€ 3.35M
€ 11.50M
€ 10.34M
€ 9.19M
Cash
€ 149K
€ 497K
€ 174K
€ 173K

Frequently asked questions

Answers to the most common questions about Mg Retail, based on official government data and the filed annual accounts.

What is the VAT number of Mg Retail?

The VAT number of Mg Retail is BE0643.699.918.

When was Mg Retail established?

Mg Retail was founded in 30-11-2015.

What is the official address of Mg Retail?

The official address of Mg Retail is Esplanade Oscar Van De Voorde 1 Gent 9000.

What is the legal form of Mg Retail?

The juridical form of Mg Retail is Public limited company (NV/SA).

What is the annual revenue of Mg Retail?

The 2025 accounts of Mg Retail do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.

Is Mg Retail a reliable company?

Mg Retail is a registered Rechtspersoon with company number 0643.699.918 and can be verified through the official CBE database.

What is the credit limit of Mg Retail?

The estimated credit limit of Mg Retail is €206,073.

Is Mg Retail still active?

Mg Retail currently has the status "Normal situation" and is active.

Further reading

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Sources