What does Mg Services do?
MG SERVICES specializes in providing comprehensive maintenance and repair solutions for various types of machinery and equipment. The company focuses on delivering high-quality service to ensure optimal performance and longevity of its clients' assets. Additionally, MG SERVICES offers training programs to enhance operational efficiency and safety standards for personnel.
- Activities
- Signals
-
Poor liquidityPoor liquidity 0.98
The current ratio is below 1: may be insufficient to cover short-term debt.
ProfitableProfitable € 505KThe company reported a positive net result in the latest financial year.
Strong equityStrong equity € 4.54MStrong equity provides a buffer against setbacks.
Low riskLow risk 57.5%Good solvency (> 30%) points to long-term financial stability.
Positive cashflowPositive cashflow € 508KPositive operating cash flow in the latest financial year.
Positive EBITDAPositive EBITDA € 845KPositive EBITDA: operating activities are profitable.
Healthy social debtHealthy social debt 11.1%Social debts stay manageable relative to personnel costs.
- Shareholders
- Mg Real Estate 1,61%
- Investments
- Mg Mobi 99,81%, Weigela 99,49%, Rhamnus 99,38%
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
1.16M
|
€
342K
|
€
406K
|
€
253K
|
|
|
€
845K
|
€
185K
|
€
282K
|
€
140K
|
|
|
€
505K
|
€
14K
|
€
93K
|
€
45K
|
|
|
€
4.54M
|
€
4.04M
|
€
4.02M
|
€
3.93M
|
|
|
57.53%
|
58.52%
|
55.67%
|
53.83%
|
|
|
€
3.35M
|
€
2.86M
|
€
3.21M
|
€
3.37M
|
|
|
€
151K
|
€
55K
|
€
388K
|
€
157K
|
|
|
3
|
1
|
1
|
1
|
Publications 19
All publications- Ontslagen - Benoemingen 27/02/2023
- Ontslagen - Benoemingen 23/07/2019
- Ontslagen - Benoemingen 23/08/2018
- Benaming - Doel - Ontslagen - Benoemingen 25/09/2017
- Ontslagen - Benoemingen 11/01/2017
Frequently asked questions
Answers to the most common questions about Mg Services, based on official government data and the filed annual accounts.
What is the VAT number of Mg Services?
The VAT number of Mg Services is BE0888.065.880.
How many employees work at Mg Services?
In 2025, Mg Services employed 3.00 full-time equivalents (FTE).
When was Mg Services established?
Mg Services was founded in 19-03-2007.
What is the official address of Mg Services?
The official address of Mg Services is Esplanade Oscar Van De Voorde 1 Gent 9000.
What is the legal form of Mg Services?
The juridical form of Mg Services is Public limited company (NV/SA).
What is the annual revenue of Mg Services?
The 2025 accounts of Mg Services do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
What does Mg Services do?
MG SERVICES specializes in providing comprehensive maintenance and repair solutions for various types of machinery and equipment. The company focuses on delivering high-quality service to ensure optimal performance and longevity of its clients' assets. Additionally, MG SERVICES offers training programs to enhance operational efficiency and safety standards for personnel.
Is Mg Services a reliable company?
Mg Services is a registered Rechtspersoon with company number 0888.065.880 and can be verified through the official CBE database.
What is the credit limit of Mg Services?
The estimated credit limit of Mg Services is €916,733.
Is Mg Services still active?
Mg Services currently has the status "Normal situation" and is active.