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MG PROJECTS

Active Private limited companyfounded 2008active for 18 yearsDe Limburg Stirumdreef 9, 8570 AnzegemKBO/BCE: BE 0806.510.557
MG PROJECTS
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Overview

Lifetime

17 annual accounts with figures on one time axis
peak €160,498 (2025)
€160,498▲ 245%
lowest -€638 (2018)
€91,670▲ 17×
peak €198,363 (2025)
€198,363▲ 85.9%
€40,843▼ 45.4%
Board2 names since 2008
2 directorsGeert Maertens and 1 other
Documentsfilings and deeds
17-07-202614 days before the deadline
2025micro format
Gross margin from €46,558 to €160,498Result from €5,550 to €91,670Equity from €106,693 to €198,363Debts from €74,833 to €40,843Cash from €19,290 to €105,401

Key points

from the 2025 annual accounts

Equity

€198,363 ▲ 85.9%

MG PROJECTS has made a profit without a break since 2019.

Result

€91,670 ▲ 17×
€5,5502024€91,7002025

The result rose in 2025 from €5,550 to €91,670.

Turnover

≈ €250,000 estimated

The micro format states no turnover.

Liquidity

5.25 was 1.61 in 2024

Short-term debts fell from €70,851 to €36,861.

Filings

17 annual accounts since 2009
AprilJune31 JulyOctober2010201520202025

Three of the last ten came late. The 2019 accounts came latest: 27 days after the end of the period.

Position in the sector

€91,670

Higher net result than 91% of companies in computer programming and consultancy. Sector median €28,568 · 21,212 companies.

Checked score

98
Excellent
Financially stronger than 85% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100+16equity 82.9% of total assets
97+52short-term debt 15.4% · cash 44.1%
100+27return on assets 38.3%

Score breakdown

lowers risk
Liquidity: current ratio 5.25, cash €105,401
Equity €198,363 (82.9% of total assets)
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €239,206
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 62, micro). It does better than 85% of them on solvency, 87% on liquidity, 82% on profitability and 88% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as MG PROJECTS has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of MG PROJECTS itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 34,693 companies, not a prediction for MG PROJECTS. 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

Credit of up to €19,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 5.25 (1.61 in 2024), above the usual 1.5. Short-term debt is 15.4% and cash 44.1% of total assets. 17.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 5.25, cash €105,401
NBB · annual accounts
lowers risk · Equity €198,363 (82.9% of total assets)
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Size: total assets €239,206
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 days early
2024
37 days early
2023
2 days early
2022
18 days late
2021
9 days early
2020
24 days late
2019
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

GM
Geert Maertens
Director, since 19-09-2008
KB
Kristel Brys
Director, since 19-09-2008
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0806510557
Changes of role: Geert Maertens (director) and Kristel Brys (director) Director discharge: Geert Maertens · Director discharge: Kristel Brys · Gazette deed
First establishment De Limburg Stirumdreef 9, Anzegem
Incorporation published on 01-10-2008 · Gazette deed
All 30 events

Comparable companies

same main activity, similar in size and age
Company
MG PROJECTS Anzegem €239,206 €160,498 82.9% -
EAIntegrators Hoogstraten €247,875 €151,178 62.9% -
Between the Brackets Kontich €226,017 €179,353 -118.6% 3.2
ASSISTEC Etterbeek €220,245 €155,524 60.8% -
ATHENA COMPUTER SERVICES Verlaine €251,166 €138,700 73.1% -
IMPRSS Tessenderlo-Ham €275,165 €146,873 73.2% -
PIX-IT SOLUTIONS Grimbergen €272,711 €143,880 26.7% -

These companies have the same main activity as MG PROJECTS: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €220,000 and €275,000, founded between 2006 and 2009.

Official details

Source: KBO
Status
Active since 19-09-2008Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200
Establishment unit
2.173.283.1198570 Anzegem, since 01-10-2008
Financial year end
31 December
Peppol
Reachable since 05-12-2025
Company details

Annual accounts 2025

€160,498▲ 245%
€91,670▲ 17×
€198,363▲ 85.9%
€239,206▲ 31.8%
Filing
Filed on 17-07-2026, 14 days before the end of the filing period
Financials

Insights on MG PROJECTS

MG PROJECTS files the micro format. That format states no turnover. The gross margin rose from €31,437 in 2009 to €160,498 in 2025.

The balance sheet grew most from 2010 to 2012 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 17-07-2026, 14 days before the deadline
€160,498
▲ 245%
€137,876
▲ 608%
€91,670
▲ 17×
€156,704
▲ 261%
82.9%
▲ 24.2 percentage points
5.25
▲ 3.64

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €250,000. Estimated: probably between €220,000 and €310,000.

Balance sheet

balance sheet total €239,206 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

82.9%

Higher than 79% of 21,206 companies in 2025.

5.25

Higher than 76% of 20,569 companies in 2025.

38.3%

Higher than 76% of 20,744 companies in 2025.

MG PROJECTS Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009
Balance sheet: assets
20/58 239,206181,526182,114194,383176,413196,253174,023164,837191,767126,565147,442154,218144,352124,05985,55669,47548,112
21/28 45,64167,30238,83156,03874,24492,86137,34751,99160,96729,22549,51866,01379,81576,77738,99019,05824,913
22/27 45,64167,30238,83156,03874,24492,86137,34751,99160,96729,22549,51866,01379,81576,77738,99019,05824,913
22 7,9938,3538,7139,0769,4639,87610,31510,78211,27811,80712,36912,96713,60314,100---
23 02015268511,1761,501---761522283976431,1941,7441,827
24 37,64958,74829,59246,11163,60581,48427,03241,21049,68917,34236,99752,81865,81562,03437,79617,31523,086
29/58 193,565114,224143,282138,345102,169103,392136,677112,845130,80097,34097,92488,20664,53747,28246,56650,41623,199
40/41 81,63161,99037,88870,54339,40245,77856,04647,99940,63542,16947,66375,87234,98041,05734,54031,25222,004
40 48,58861,99037,87758,81139,40245,77844,40634,83226,52532,72529,52027,86820,11219,65923,71124,04918,798
41 33,04301111,732-011,63913,16714,1099,44418,14348,00414,86821,39810,8297,2033,205
50/53 --036,13239,75939,56237,01937,01938,99338,43138,473------
54/58 105,40119,29066,7412,73710,5389,53741,94018,90448,45816,73911,29012,03325,9664,95511,41117,133-
490/1 6,53332,94538,65328,93312,4708,5161,6728,9232,713-4993003,5911,2706152,0321,196
Balance sheet: equity and liabilities
10/49 239,206181,526182,114194,383176,413196,253174,023164,837191,767126,565147,442154,218144,352124,05985,55669,47548,112
10/15 198,363106,693101,143162,046153,737140,666126,795118,910119,549115,129114,349111,102106,38886,99968,45953,06422,168
10/11 25,64325,64325,64361,71061,71061,71061,71061,71061,71061,71061,71061,71061,71018,60018,60018,6006,200
100 ------61,71061,71061,71061,71061,71061,71061,71018,60018,60018,60018,600
101 ----------------12,400
13 172,72081,05075,500100,33692,02778,95665,08557,83957,83953,41952,63949,39244,67868,39949,85934,46415,968
130/1 ---06,1716,171-----------
130 ------6,1716,1716,1716,1716,1716,1716,1711,8601,8601,8601,860
1311 ---06,1716,171-----------
133 172,72081,05075,500100,33685,85672,78558,91451,66851,66847,24846,46843,22138,50766,53947,99932,60414,108
14 -00-----638---------
17/49 40,84374,83380,97132,33722,67755,58747,22945,92672,21811,43633,09343,11637,96437,06017,09716,41025,944
17 ---02,9587,98314,00827,84941,526--6,92015,84924,450-5,34812,142
170/4 ---02,9587,98314,00827,84941,526--6,92015,84924,450-5,34812,142
42/48 36,86170,85180,97131,98319,71847,60533,22117,96730,69311,43633,09336,19722,11412,61017,09711,06213,802
42 --02,9585,02418,97313,84113,67713,514-6,9208,9298,6018,2858,8486,7936,427
43 ----------1,414-----3,139
430/8 ----------1,414-----3,139
44 3,8658,82713,91818,4427024,0895,9531,4715,7722,6391,55312,6718,2973,9152632,227-
440/4 3,8658,82713,91818,4427024,0895,9531,4715,7722,6391,55312,6718,2973,9152632,227-
45 32,99613,13614,89310,5829,05114,7815,8521,9255,6027,21912,2285,8365,2174097,9862,0424,237
450/3 32,9968,5719,3915,1273,6559,3891871,925944,1096,6892,8922,3244097,0972,0422,237
454/9 04,5655,5035,4555,3965,3925,665-5,5083,1115,5392,9442,892-889-2,000
47/48 048,88852,16004,9419,7617,5758945,8051,57710,9798,761-----
492/3 3,9833,9830354---110---------
Income statement
76A ---09,050--28113,469---2,826----
9900 160,49846,55862,64039,28652,48350,06729,99819,95732,87024,75736,19030,76257,81149,63240,43734,34531,437
630 21,66125,98418,62019,37129,61929,24314,64514,67424,01820,29320,96020,03719,85918,34213,4376,3227,128
640/8 9611,1091,3651,6691,7011,6221,7876507357019441,5577282,1703,2047111,247
66A ------------2,934----
9901 137,87619,46442,65518,24521,16419,20313,5664,6338,1173,76314,2859,16837,22429,12023,79627,31223,062
75/76B -06475721742862162717092102814181437720610184
75 -06475721742862162717092102814181437720610184
65/66B 1,1275,2463534,749854-1,6526652,7741725922,6571,2101,7071,0609031,2282,120
65 1,1275,246-2,5911,122854-1,6526652,7741725922,6571,2101,7071,0609031,2282,120
66B -02,9443,627-------------
9903 136,74914,21842,94914,06820,48421,14113,1172,1308,6543,38111,9098,37535,55228,13623,09926,09421,127
67/77 45,0798,66812,7425,7597,4137,2705,2332,7684,2342,6018,6623,66211,3739,5967,7057,5985,159
9904 91,6705,55030,2078,30913,07113,8727,884-6384,4207803,2474,71424,17918,54015,39418,49615,968
9905 91,6705,55030,2078,30913,07113,8727,884-6384,4207803,2474,71424,17918,54015,39418,49615,968
Appropriation of the result
9906 91,6705,55030,2078,30913,07113,8727,246-6384,4207803,2474,71424,17918,54015,39418,49615,968
791/2 -055,043---------47,900----
691/2 91,6705,55030,2078,30913,07113,8727,246-4,4207803,2474,71424,17918,54015,39418,49615,968
6920 ------------4,311---1,860
6921 91,6705,55030,2078,30913,07113,8727,246-4,4207803,2474,71419,86818,54015,39418,49614,108
694/7 -055,043---------47,900----
694 -055,043---------47,900----
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 17-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 17-07-2026 2026-00302793 PDF
31-12-2024 micro format 24-06-2025 2025-00193947 PDF
31-12-2023 micro format 29-07-2024 2024-00296760 PDF
31-12-2022 micro format 18-08-2023 2023-00337893 PDF
31-12-2021 micro format 22-07-2022 2022-20212395 PDF
31-12-2020 micro format 24-08-2021 2021-53600169 PDF
31-12-2019 micro format 27-08-2020 2020-45500441 PDF
31-12-2018 micro format 08-07-2019 2019-30300140 PDF
31-12-2017 micro format 21-06-2018 2018-21600385 PDF
31-12-2016 micro format 26-06-2017 2017-21600553 PDF
31-12-2015 abbreviated format 30-06-2016 2016-25600148 PDF
31-12-2014 abbreviated format 23-06-2015 2015-21000042 PDF
31-12-2013 abbreviated format 30-06-2014 2014-25100284 PDF
31-12-2012 abbreviated format 27-06-2013 2013-23200300 PDF
31-12-2011 abbreviated format 28-06-2012 2012-22900394 PDF
31-12-2010 abbreviated format 05-09-2011 2011-53500562 PDF
31-12-2009 abbreviated format 12-09-2011 2011-54500372 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009
159,53745,44861,27537,61650,78248,44628,21119,30732,13524,05535,24529,20557,08347,46237,23333,63430,191
113,33131,53548,82727,68042,68943,11522,52914,03628,43821,07324,20724,75144,03936,88328,83124,81823,097
054,4561,4141,16511,00284,75806,41761,29104,4656,23546,70256,13033,36846732,041
86,111-47,45264,004-7,8011,001-32,40423,036-29,55431,7195,450-744-13,93321,011-6,456-5,722--
156,70443,37362,311106,36282,45155,788103,45694,878100,10785,90464,83152,00942,42334,67229,46939,3549,397
82.9%58.8%55.5%83.4%87.1%71.7%72.9%72.1%62.3%91.0%77.6%72.0%73.7%70.1%80.0%76.4%46.1%
5.251.611.774.335.182.174.116.284.268.512.962.442.923.752.724.561.68
0.210.700.800.200.150.400.370.390.600.100.290.390.360.430.250.311.17
46.2%5.2%29.9%5.1%8.5%9.9%6.2%-0.5%3.7%0.7%2.8%4.2%22.7%21.3%22.5%34.9%72.0%
38.3%3.1%16.6%4.3%7.4%7.1%4.5%-0.4%2.3%0.6%2.2%3.1%16.8%14.9%18.0%26.6%33.2%
over 1008.66-23.6533.5259.46------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€54,456€1,414€1,165€11,002
€21,661€25,984€18,620€19,371€29,619

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on MG PROJECTS

The operating result for 2025 is 7.1 times that of 2024 and the highest since 2009. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 41.2% to 17.1%. Equity is higher and debt is lower.

Board & ownership

Board

2 directors, last change in 2022
Geert Maertens
Director (not named in the articles)
since 19-09-2008 term without a fixed end
earlier manager, until 24-11-2022
listed in the 2025 annual accounts, filed on 17-07-2026
Kristel Brys
Director (not named in the articles)
since 19-09-2008 term without a fixed end
earlier manager, until 24-11-2022
listed in the 2025 annual accounts, filed on 17-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 24-11-2022

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Geert Maertens
Director (not named in the articles)
Kristel Brys
Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
  • Geert Maertens
    • Director (not named in the articles), from 19-09-2008 to date
    • Manager, until 24-11-2022
  • Kristel Brys
    • Director (not named in the articles), from 19-09-2008 to date
    • Manager, until 24-11-2022

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€25,642.72
Source
2025 annual accounts

Articles of association

deed of 24-11-2022 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Thursday of June at 16:00

Network & group

No group

MG PROJECTS has no parent and no holdings in its annual accounts. MG PROJECTS shares no director with another company.

Timeline

Timeline

30 events since 2008

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 14 days before the deadline
2025
Highest result from 2009 to 2025 net €91,670 ▲1,552% The operating result of €137,876 and the net result of €91,670 are both a record.
Liquidity more than triples current ratio 5.25 The current ratio rises from 1.61 to 5.25. Short-term debt falls from €70,851 to €36,861.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0806510557
Annual accounts 2024 filed PDFmicro format · 37 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 2 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 18 days late
2022
Changes of role: Geert Maertens (director) and Kristel Brys (director)Director discharge: Geert Maertens · Director discharge: Kristel Brys7 points ▸
  • Director resignation, Geert Maertens (manager)
  • Director resignation, Kristel Brys (manager)
  • Director appointment, Geert Maertens (director (not named in the articles))
  • Director appointment, Kristel Brys (director (not named in the articles))
  • Director discharge, Geert Maertens
  • Director discharge, Kristel Brys
  • Registered office clause, De Limburg Stirumdreef 9, 8570 Anzegem
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFmicro format · 9 days before the deadline
2021
Liquidity more than doubled current ratio 5.18 The current ratio rises from 2.17 to 5.18. Short-term debt falls from €47,605 to €19,718.
Equity above €150,000 equity €153,737 ▲9.3% After 3 profitable years in a row, equity reaches €153,737.
Annual accounts 2020 filed PDFmicro format · 24 days late
2020
Annual accounts 2019 filed PDFmicro format · 27 days late
2019
Back to profit net €7,884 The net result is €7,884, after one loss-making year.
Annual accounts 2018 filed PDFmicro format · 23 days before the deadline
2018
Weakest financial year net -€638 The net result drops to -€638, the lowest from 2009 to 2025. It recovers the following year.
Annual accounts 2017 filed PDFmicro format · 40 days before the deadline
2017
Annual accounts 2016 filed PDFmicro format · 35 days before the deadline
2016
Liquidity more than doubled current ratio 8.51 The current ratio rises from 2.96 to 8.51. Short-term debt falls from €33,093 to €11,436.
Annual accounts 2015 filed PDFabbreviated format · 31 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 38 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 31 days before the deadline
2013
Equity above €100,000 equity €106,388 ▲22.3% With a profit in every financial year since 2009, equity grows to €106,388.
Annual accounts 2012 filed PDFabbreviated format · 34 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 33 days before the deadline
2011
Annual accounts 2009 filed PDFabbreviated format · 408 days late
Annual accounts 2010 filed PDFabbreviated format · 36 days late
2010
Liquidity more than doubled current ratio 4.56 The current ratio rises from 1.68 to 4.56. Short-term debt falls from €13,802 to €11,062.
2008
First establishment De Limburg Stirumdreef 9, Anzegem
Incorporation PDFpublished on 01-10-2008

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

MG PROJECTS was incorporated on 19 September 2008.1 Total assets rose from €164,837 in 2018 to €239,206 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0806.510.557
VAT number
BE 0806.510.557
Peppol ID
0208:0806510557
Other Peppol ID
9925:BE0806510557
LEI code
894500GMYHO98C3BT883 no longer live in the LEI register
Legal form
Private limited company
Status
Active, normal situation
Founded
19-09-2008
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Thursday of June at 16:00
deed of 24-11-2022 (in Dutch)
Peppol
Reachable since 05-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
MG PROJECTS in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 24-11-2022 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 24-11-2022 (in Dutch)

Activities

NACEBEL 2025
62200 Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
62020 IT consultancy main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het meten en evalueren van de kwaliteit van de technische uitvoering; Het meten en evalueren van de kwaliteit van de projectdocumentatie…”
20 activities
  1. Het meten en evalueren van de kwaliteit van de technische uitvoering;
  2. Het meten en evalueren van de kwaliteit van de projectdocumentatie;
  3. Het opsporen en oplossen van fouten en problemen in de software;
  4. Het verstrekken van adviezen bij het herwerken van bestaande software.
  5. Het ontwerp, het ontwikkelen en het commercialiseren van softwarepakketten.
  6. Het ontwerp en beheer van websites en webgebaseerde toepassingen.
  7. De verkoop van licenties, het uitvoeren van installaties en het configureren van software ontwikkeld door derden.
  8. De verkoop, de installatie en de configuratie van computers en de bijhorende randapparatuur.
  9. De organisatie van opleidingen en voordrachten over diverse technische onderwerpen.
  10. Het beheren van roerende en onroerende goederen en het beheer van portefeuillewaarden en andere immateriële activa en tevens het mandaat van bestuurder in andere vennootschappen waarnemen.
  11. Het leiding geven aan een team van ontwikkelaars;
  12. Het opmaken van functionele analyses;
  13. Het opmaken van technische analyses;
  14. Het ontwerp en beheer van databanken;
  15. Het uittekenen van de architectuur van de toepassing;
  16. Het uitvoeren van de technische realisatie van software projecten;
  17. Het uittesten van de software;
  18. Het opmaken en onderhouden van de technische projectdocumentatie;
  19. Het opmaken en onderhouden van de handleidingen voor de eindgebruikers;
  20. Het geven van opleiding en ondersteuning aan de eindgebruikers.
deed of 24-11-2022 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
De Limburg Stirumdreef 9 registered office 8570 Anzegem 01-10-2008 2.173.283.119

Buildings and parcels at the address

Ground area
1,206 m²
Buildings
147 m²
Volume, LiDAR
810 m³
Tallest building
8.1 m
Buildings to scale, each on its own parcel
147 m², 8.1 m 147 m², 8.1 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
34002F0922/00L0001,206 m² 1 · 147 m² 8.1 m · 2

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