MG GENERAL CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of MG GENERAL CONSTRUCT is 7.4% (elevated). The 2025 annual accounts show equity of €53,833 and a net result of €2,558. Equity is growing by about 19% per year across the filed financial years. Its solvency ranks better than 75% of 34,143 sector peers (NACE 43, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- One provision in the deed
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, wijzigt de statuten zelfs indien geen wijziging van taalregime, bestuursorgaan heeft alle machten teneinde op authentieke…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 14. Bevoegdheden van het bestuursorgaan en vertegenwoordiging van de vennootschap a) Bevoegdheden van de bestuurders Als er slechts…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, bestuursorgaan” (deed in French)“Vergoeding bestuurders, algemene kosten los van representatie-,reis- en verplaatsingskosten” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Voor helft ten laste overdrager en helft ten laste kopers naar evenredigheid verworven aantal aandelen, elke overdracht onder levenden ten…” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Zoals inzake statutenwijziging, algemene vergadering” (deed in French)“Vormen vereist voor statutenwijziging, beslissing algemene vergadering” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie krachtens statuten indien geen andere vereffenaar benoemd” (deed in French)