MDG GROUP
ActiveSummary
MDG GROUP has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €198,974 and a net result of €16,717. Equity has been growing by about 14% per year since 2018. Its solvency ranks better than 24% of 9,380 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
Source: KBO- Status
- Active since 11-01-2017 Normal situation
- Activity
- General construction of other non-residential buildings NACE 41003and 3 others
- Establishment unit
- 2.261.085.737 3570 Alken, since 11-01-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Board and ownership
- Di GangiDirector
- Calogero DI GANGIDirector
- MDG DEVELOPMENTDirector · permanent representative DI GANGI Calogero
- Holdings
- Shares in 1 company MDG DEVELOPMENT
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €108,527
- ▲ 6.1%
- Turnover
- ≈ €350,000
- estimated
- Profit
- €16,717
- Equity
- €198,974
- ▲ 9.2%
- Total assets
- €1.1m
- ▼ 3.9%
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Liquidity: current ratio 2.93, cash €24,465lowers riskSize: total assets €1.1mFigures for financial year 2025 (filed on 07-07-2026)Show the evidence
Checked score
About 4 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 (NACE 41, micro). It does better than 25% of them on solvency, 56% on liquidity, 28% on profitability and 53% 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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Signals
The company filed its last 7 accounts on average 3 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Resignation: MDG DEVELOPMENT SRL (director)Permanent representative: DI GANGI Calogero · Appointment: DI GANGI Calogero (director)
- · Gazette deed Appointment: MDG DEVELOPMENT SRL (director)Permanent representative: DI GANGI Calogero · Resignation: DI GANGI Calogero (director)
- · Gazette deed Appointment: Di Gangi (director)
Comparable companies
These companies have the same main activity as MDG GROUP: general construction of other non-residential buildings (NACE 41003). They are comparable in size and age: total assets between €624,000 and €1.3m, founded between 2014 and 2019.
| Company | Total assets | Gross margin |
|---|---|---|
| MDG GROUP Alken | €1.1m | €0.1m |
| ETS LECLERCQ Mouscron | €1.3m | €0.1m |
| RSG UNIVERSAL Kuurne | €1.1m | €0.1m |
| LAVIGNE CONSTRUCT Sint-Truiden | €0.6m | €0.1m |
| NEDERLANDSE VILLABOUW Hamont-Achel | €0.8m | €0.07m |
| NM DUMONT INVEST Beauraing | €1.3m | €0.2m |
| YoPadel Anzegem | €0.8m | €0.1m |
Key facts about MDG GROUP
- What is the company number of MDG GROUP?
- The company number of MDG GROUP is 0668.983.363. The VAT number is the same number with BE in front: BE 0668.983.363.
- Where is MDG GROUP based?
- The registered office is at Rijdreef 24, 3570 Alken.Company details
- What does MDG GROUP do?
- According to the KBO register, the main activity is general construction of other non-residential buildings (NACE 41003).
- What is the legal form of MDG GROUP?
- The legal form of MDG GROUP is Private limited company (BV).
- When was MDG GROUP founded?
- MDG GROUP was founded on 11-01-2017.
- Is MDG GROUP still active?
- Yes, MDG GROUP is an active enterprise in the KBO register.
- What is the turnover of MDG GROUP?
- The turnover in financial year 2025 is ≈ €350,000. This figure is estimated from the gross margin of €108,527 and 101 comparable companies (NACE 410). It probably lies between €250,000 and €540,000.Financials
- Is MDG GROUP profitable?
- In financial year 2025, MDG GROUP made a profit of €16,717.
- Where can I find the annual accounts of MDG GROUP?
- MDG GROUP filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MDG GROUP due?
- MDG GROUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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