M.G.S.
ActiveSummary
M.G.S. has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.4m and a net result of €454,369. Equity is growing by about 2.8% per year across the filed financial years. Its solvency ranks better than 92% of 6,141 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- M.G.S.
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, sans modification de la langue des statuts” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “2, conseil d’administration collégial” (deed in French)deed of 21-09-2023
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deeddeed of 06-06-2025
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque raison que ce soit, organe d administration comme college liquidateurs” (deed in French)“Toutes operations prevues par la loi, assemblee generale a majorite des voix” (deed in French)