M.G.D. Belgium
ActiveSummary
M.G.D. Belgium has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.0m and a net result of -€980. Equity has been stable since 2019 (±0% per year). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 19-09-1990 Normal situation
- Registered office
- 72 active companies are registered at this address Source: KBO register, as of 2 November 2026.
- Activity
- “Het bouwen,verbouwen,beheren,uitbaten en exploiteren van en investeren in onroerende goederen zoals,maar niet beperkt tot,gronden,woningen,bedrijfsgebouwen,kantoorgebouwen,appartementsgebouwen,hotels,seniorenresidenties,studentenkamers…” (deed in Dutch)From the articles, 12 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.060.308.803 9051 Gent, since 11-12-1992
- Financial year end
- 30 June
- Peppol
- Reachable since 22-05-2025
Board and ownership
- Growing-UPDirector · since 24-02-2020 · permanent representative BELSACK,Koenraad Renatus Agnes Marie
- UPGRADE ESTATEDirector · since 24-02-2020 · permanent representative VAN DAMME,Nele
- M.G.D. HOLDING BVconsolidatesannual accounts 30-06-2017
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Loss
- €980
- ▼ 0.2%
- Equity
- €2.0m
- =
- Total assets
- €2.2m
- =
Score breakdownraises riskLiquidity: current ratio 0.23, cash €494, halvedlowers riskSize: total assets €2.2mFounded in 1990Equity €2.0m (90.7% of total assets)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, small). It does better than 82% of them on solvency, 44% on liquidity, 36% on profitability and 43% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 18 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Appointments: GROWING-UP (director) and UPGRADE ESTATE (director)Permanent representatives: BELSACK,Koenraad Renatus Agnes Marie and VAN DAMME,Nele
- · Gazette deed Permanent representative: NeleVanDamme
- · Gazette deed Incorporation
Key facts about M.G.D. Belgium
- What is the company number of M.G.D. Belgium?
- The company number of M.G.D. Belgium is 0442.060.375. The VAT number is the same number with BE in front: BE 0442.060.375.
- Where is M.G.D. Belgium based?
- The registered office is at Amelia Earhartlaan 2, 9051 Gent.Company details
- What is the legal form of M.G.D. Belgium?
- The legal form of M.G.D. Belgium is Private limited company (BV).
- When was M.G.D. Belgium founded?
- M.G.D. Belgium was founded on 19-09-1990.
- Is M.G.D. Belgium still active?
- Yes, M.G.D. Belgium is an active enterprise in the KBO register.
- What is the turnover of M.G.D. Belgium?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is M.G.D. Belgium profitable?
- In financial year 2025, M.G.D. Belgium made a loss of €980.
- Where can I find the annual accounts of M.G.D. Belgium?
- M.G.D. Belgium filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of M.G.D. Belgium due?
- M.G.D. Belgium must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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