Losses
-€7,847 in three years
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
GROUP MG CONSTRUCT
Lifetime
10 annual accounts with figures on one time axispeak €11,510 (2022)
-€1,531▲ €3,764
lowest -€4,197 (2024)
-€3,420▲ €777
peak €44,749 (2022)
€36,902▼ 8.5%
-not published
Board3 names since 2015
-
Documentsfilings and deeds
14-06-202645 days late
2025micro format
Gross margin from -€5,295 to -€1,531Loss of €3,420
Key points
from the 2025 annual accountsFilings
10 annual accounts 6 late
The 2016 accounts came latest: 120 days after the end of the period.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,920 companies had the same profile as GROUP MG CONSTRUCT has now. Each dot stands for 18 companies, two years later.
90.8%
were still trading
8.0%
stopped another way
1.1%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,920 companies, not a prediction for GROUP MG CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
last known boardDirector, last mentioned in 2015
Director, last mentioned in 2015
Director, last mentioned in 2015
- 744 sharesdeed of 21-09-2015
- founderdeed of 21-09-2015
- founderdeed of 21-09-2015
Recent changes
Annee Comptable
General meeting of 26-02-2016 · Gazette deed
Incorporation
Founding capital of €18,600, 1,860 shares · Founders: , and · Appointments: (director) and (responsable de la direction technique) · published on 21-09-2015 · Gazette deed
First establishment
Antoine Nysstraat 54, Anderlecht
Official details
Source: KBO- Status
- Active since 17-09-2015Normal situation
- Activity
- “L’entreprise de fabrication et de placement de ferronneries et de menuiseries(entre autres châssis,portes,balustrades,escaliers et…” (deed in French)From the articles, 71 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.247.042.5131070 Anderlecht, since 17-09-2015
- Financial year end
- 30 September
- Peppol
- Not found in the Peppol Directory
Insights on GROUP MG CONSTRUCT
GROUP MG CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from -€119 in 2016 to -€1,531 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GROUP MG CONSTRUCT
- What is the company number of GROUP MG CONSTRUCT?
- The company number of GROUP MG CONSTRUCT is 0637.824.983. The VAT number is the same number with BE in front: BE 0637.824.983.
- Where is GROUP MG CONSTRUCT based?
- The registered office is at Antoine Nysstraat 54, 1070 Anderlecht.Company details
- What is the legal form of GROUP MG CONSTRUCT?
- Legal form of GROUP MG CONSTRUCT: Coöperatieve vennootschap met beperkte aansprakelijkheid.
- When was GROUP MG CONSTRUCT founded?
- GROUP MG CONSTRUCT was founded on 17-09-2015.
- Is GROUP MG CONSTRUCT still active?
- Yes, GROUP MG CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of GROUP MG CONSTRUCT?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it. In financial year 2021 turnover was €205,320.Financials
- Is GROUP MG CONSTRUCT profitable?
- In financial year 2025, GROUP MG CONSTRUCT made a loss of €3,420.
- Where can I find the annual accounts of GROUP MG CONSTRUCT?
- GROUP MG CONSTRUCT filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GROUP MG CONSTRUCT due?
- GROUP MG CONSTRUCT must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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