About Mg Concept Services
Mg Concept Services is a private limited company (BV/SRL) based in Frasnes-lez-Anvaing, founded in 2011. Its main activity is classified as "Algemene elektrotechnische installatiewerken". For the 2024 financial year, Mg Concept Services reported a profit of €47,379. That makes 5 profitable financial years in a row for Mg Concept Services. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €97,070. Equity stands at €104,044, a solvency ratio of 41%. In 2012 it was €13,599. 13 annual accounts are available, covering 2012 to 2024.
- Sectors
- Electricians Plumbers Wholesalers
- Signals
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Poor liquidityPoor liquidity 0.79
The current ratio is below 1: may be insufficient to cover short-term debt.
ProfitableProfitable € 69KThe company reported a positive net result in the latest financial year.
Strong equityStrong equity € 104KStrong equity provides a buffer against setbacks.
Low riskLow risk 41.3%Good solvency (> 30%) points to long-term financial stability.
Positive cashflowPositive cashflow € 75KPositive operating cash flow in the latest financial year.
Positive EBITDAPositive EBITDA € 96KPositive EBITDA: operating activities are profitable.
Financial ratios
|
|
2024
|
2023
|
2022
|
2021
|
|---|---|---|---|---|
|
€
97K
|
€
97K
|
€
30K
|
€
25K
|
|
|
€
96K
|
€
96K
|
€
29K
|
€
23K
|
|
|
€
47K
|
€
47K
|
€
12K
|
€
13K
|
|
|
€
104K
|
€
104K
|
€
57K
|
€
44K
|
|
|
41.26%
|
41.26%
|
35.91%
|
46.26%
|
|
|
€
148K
|
€
148K
|
€
101K
|
€
52K
|
|
|
€
52K
|
€
52K
|
€
42K
|
€
34K
|
Publications 7
All publications- Modification Forme Juridique - Denomination - Demissions, Nominations 21/11/2023
- Me. - Comptes Annuels 31.12.2015, App 26.05.2016, Dpt 20.08.2016 16472-0113-010 31/08/2016
- Me. - Comptes Annuels 31.12.2014, App 28.05.2015, Dpt 14.08.2015 15429-0551-010 20/08/2015
- Me. - Comptes Annuels 31.12.2013, App 22.05.2014, Dpt 19.08.2014 14442-0453-010 25/08/2014
- Me. - Comptes Annuels 31.12.2012, App 23.05.2013, Dpt 28.08.2013 13496-0344-010 04/09/2013
Frequently asked questions
Answers to the most common questions about Mg Concept Services, based on official government data and the filed annual accounts.
What is the VAT number of Mg Concept Services?
The VAT number of Mg Concept Services is BE0842.081.942.
When was Mg Concept Services established?
Mg Concept Services was founded in 23-12-2011.
What is the official address of Mg Concept Services?
The official address of Mg Concept Services is Rue Du Joncquoy(Aw) 11 Frasnes-Lez-Anvaing 7910.
What is the legal form of Mg Concept Services?
The juridical form of Mg Concept Services is Private limited company (BV/SRL).
What is the annual revenue of Mg Concept Services?
The 2024 accounts of Mg Concept Services do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Mg Concept Services a reliable company?
Mg Concept Services is a registered Rechtspersoon with company number 0842.081.942 and can be verified through the official CBE database.
What is the credit limit of Mg Concept Services?
The estimated credit limit of Mg Concept Services is €90,864.
Is Mg Concept Services still active?
Mg Concept Services currently has the status "Normal situation" and is active.