Financials
- Financial year
- 2025
- Total assets
- €7.9m
- Profit
- €504,608
- Solvency
- 57.5%
Total assets▲ 14.4%
Net result
20182025
Summary
MG SERVICES has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €4.5m and a net result of €504,608. Equity is shrinking by about 11% per year across the filed financial years. Its solvency ranks better than 66% of 5,766 sector peers (NACE 68, financial year 2025). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Buying and selling of own real estate
NACE 68110Property management for co-owned buildings (syndics) NACE 68321
2 sites
Size
€7.9mtotal assets 2025
- Staff
- 3.2 FTE
- Equity
- €4.5m
- Profit
- €504,608
Net result +3,538%: other schema
Financial health
Holding: outside the score modelBankruptcy probability: sector outside the model
Structure
- Parent
- MG Real Estate · 98.39%
- Board
- 6 members
- Holdings
- 3
- MG RE InvestmentManaging director · permanent representative Ignace De Paepe
Auditor: Ernst & Young Bedrijfsrevisoren2025 accounts 46 days early2 of 12 deeds summarised
Signalslowers riskGrowing equityneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
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Signals
Two signals.
lowers riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €4.5m
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 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 days early
2024
12 days late
2023
12 days late
2022
42 days early
2021
32 days early
2020
24 days early
2019
29 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% 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 29 June (4 of the last 5 filed years within 44 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
- Reappointment: Ernst & Young Bedrijfsrevisoren (statutory…Appointments: MG RE Investment BV…
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · abbreviated…
Key points
- Positive: Result rose in 2025different schema filed ▲ 36× View
- New directorslatest change 22-06-2026 · 6 in office 4 joined View
- Positive: Among the best 15% on net resultsector median €20,550 · 5,772 companies €504,608 View
- Positive: 8 profitable years in a rowprofit 2025: €504,608 8 years View
- Controlled by MG Real Estateknown shareholders 100% 98.39% View
By topic
Board & ownership
- Board
- 6 members
- Parent
- MG Real Estate · 98.39%
- Known shareholders
- 100%
- Auditor
- Ernst & Young Bedrijfsrevisoren
- MG RE InvestmentManaging director
- 9000 EstateDirector
- MEA VOTA ONEDirector
- PRODITDirector
- SCSDirector
and 1 other director
Network & group
- Group
- MG RE Invest S.A.
- Subsidiaries
- 3
3 subsidiaries
Timeline
- Events
- 21
- Since
- 2009
- Next accounts
- by 31-07-2027
- 17-02-2025Resignation: MG Investment (director)
- 31-12-2024Weakest financial year
- 12-08-2024Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Public limited company
- Activity
- Buying and selling of own real estateNACE 68110
- Founded
- 19-03-2007
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 21
- Purpose
- “Alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke…” (deed in Dutch)
Key facts about MG SERVICES
- What is the company number of MG SERVICES?
- 0888.065.880. In Belgium the VAT number is the company number with BE in front: BE 0888.065.880.
- Where is MG SERVICES based?
- The registered office is at Esplanade Oscar Van de Voorde 1, 9000 Gent.Company details
- What does MG SERVICES do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of MG SERVICES?
- Public limited company (NV).
- When was MG SERVICES founded?
- On 19-03-2007.
- Is MG SERVICES still active?
- Yes, MG SERVICES is an active enterprise in the KBO register.
- How many employees does MG SERVICES have?
- On average 3.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of MG SERVICES?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is MG SERVICES profitable?
- In financial year 2025, MG SERVICES made a profit of €504,608.
- Where can I find the annual accounts of MG SERVICES?
- MG SERVICES filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MG SERVICES due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to MG SERVICES
Parent and group
- MG Real Estate98.39%
Subsidiaries and holdings
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- VIERWINDENGent
- WDPort of Ghent Big BoxMeise
- PROVAN GROUPGenk
- RV INVESTMENTDeerlijk
- POYKnokke-Heist
Go further with this company
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