About Mg Construction
Mg Construction 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 Construction reported a profit of €202,267. That makes 3 profitable financial years in a row for Mg Construction. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €981,999, up 3.4% on 2024. It employed an average of 7 full-time equivalents. Equity stands at €739,156, a solvency ratio of 59%. In 2016 it was €54,010. 10 annual accounts are available, covering 2016 to 2025.
- Signals
-
ProfitableProfitable € 202K
The company reported a positive net result in the latest financial year.
Strong equityStrong equity € 739KStrong equity provides a buffer against setbacks.
Low riskLow risk 58.7%Good solvency (> 30%) points to long-term financial stability.
Good liquidityGood liquidity 2.39A healthy current ratio (≥ 1.5): enough current assets to cover short-term debt.
Positive cashflowPositive cashflow € 208KPositive operating cash flow in the latest financial year.
Positive EBITDAPositive EBITDA € 312KPositive EBITDA: operating activities are profitable.
Healthy social debtHealthy social debt 10.1%Social debts stay manageable relative to personnel costs.
- Shareholders
- Magnifera 10,57%, Mg Real Estate 10,57%
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
982K
|
€
950K
|
€
461K
|
€
60K
|
|
|
€
312K
|
€
514K
|
€
137K
|
€
-25K
|
|
|
€
202K
|
€
355K
|
€
94K
|
€
-15K
|
|
|
€
739K
|
€
537K
|
€
182K
|
€
88K
|
|
|
58.68%
|
61.86%
|
32.27%
|
32.99%
|
|
|
€
520K
|
€
331K
|
€
382K
|
€
180K
|
|
|
€
388K
|
€
83K
|
€
562K
|
€
173K
|
|
|
7
|
6
|
4
|
2
|
Publications 10
All publications- Ontslagen - Benoemingen 29/03/2024
- Ontslagen - Benoemingen 27/02/2023
- Statuten (Vertaling, Cordinatie, Overige Wijzigingen, ) - Benaming - Ontslagen - Benoemingen 10/08/2022
- Ontslagen - Benoemingen 23/07/2019
- Ontslagen - Benoemingen 23/08/2018
Frequently asked questions
Answers to the most common questions about Mg Construction, based on official government data and the filed annual accounts.
What is the VAT number of Mg Construction?
The VAT number of Mg Construction is BE0643.699.522.
How many employees work at Mg Construction?
In 2025, Mg Construction employed 7.00 full-time equivalents (FTE).
When was Mg Construction established?
Mg Construction was founded in 30-11-2015.
What is the official address of Mg Construction?
The official address of Mg Construction is Esplanade Oscar Van De Voorde 1 Gent 9000.
What is the legal form of Mg Construction?
The juridical form of Mg Construction is Public limited company (NV/SA).
What is the annual revenue of Mg Construction?
The 2025 accounts of Mg Construction do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Mg Construction a reliable company?
Mg Construction is a registered Rechtspersoon with company number 0643.699.522 and can be verified through the official CBE database.
What is the credit limit of Mg Construction?
The estimated credit limit of Mg Construction is €371,525.
Is Mg Construction still active?
Mg Construction currently has the status "Normal situation" and is active.