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MGC CONSTRUCT

Active Private limited companyfounded 2006active for 20 yearsKoning Leopoldlaan 85, 2260 WesterloKBO/BCE: BE 0881.722.179
MGC CONSTRUCT
Financial year 2025
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Annual accounts 2025

micro format, filed on 17-08-2026, 17 days late
€18,729
▼ 15.7%
€1,351
▼ 83.2%
€14,003
▼ 22.4%
€11,737
▼ 21.8%
46.4%
▲ 11.1 percentage points
0.63
▼ 0.41

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 ≈ €190,000. Estimated: probably between €110,000 and €390,000.

Money flows

no detail for 2025

Balance sheet

balance sheet total €62,370 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

46.4%

Higher than 50% of 35,136 companies in 2025.

0.63

Higher than 10% of 34,510 companies in 2025.

-1.5%

Higher than 20% of 34,711 companies in 2025.

MGC CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

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

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 62,37084,51644,33437,20654,64364,64123,39119,76422,10016,75115,73719,45419,80132,74162,75073,32446,65368,10270,11576,660
21/28 50,25753,23430,72928,76432,25538,7039,37012,49617,5451,7164,2208,60815,87026,84437,48655,19518,53728,37335,91143,423
21 -----9441,8882,8323,776------3851,1551,9252,6953,465
22/27 50,25753,23430,72928,76432,25537,7597,4829,66413,7691,7164,2208,60815,84126,81537,45749,78112,35321,41928,18734,929
22 ----------------2,4152,8787811,004
23 6,1229461,0141,0811,1491,2161,2843671,3731,7162,7782,8642,3114,4136,5258,7351,1814,0116,7966,967
24 44,13552,28729,71627,68331,10633,444----1,4425,74413,53022,40130,93241,0464,5987,59810,90614,481
28 ------------2929295,0295,0295,0295,0295,029
29/58 12,11331,28213,6058,44122,38825,93814,0217,2684,55515,03511,51710,8463,9325,89725,26418,12928,11639,72934,20433,237
3 -----4,3003,1752,8503,7502,0712,0375,0002,250-10,461-----
37 -----4,3003,1752,8503,7502,0712,0375,0002,250-10,461-----
40/41 8,8427,6704,7202,8324,4871,5297,1963827697,3203,8165,8469195,5747,69811,44027,36138,64323,00425,214
40 8,5447,6704,7208184,1051,2946,065294-6,2522,4455,040-4,3277,69811,4408,9198,35610,4466,587
41 298--2,0143822351,131887691,0681,3728069191,248--18,44230,28712,55818,627
54/58 3,27023,0627,9625,08717,90220,1092,9954,036365,6054,603-7633237,10564122569,5443,751
490/1 -550923522--655--401,061----6,6256331,0291,6564,272
Balance sheet: equity and liabilities
10/49 62,37084,51644,33437,20654,64364,64123,39119,76422,10016,75115,73719,45419,80132,74162,75073,32446,65368,10270,11576,660
10/15 28,93229,84724,8567,84724,05522,3174,661-2,910-3,668-1,5301,579-100-1,2334,9907,3432,81829,38931,69226,92018,407
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
13 6,2566,2566,2563,5983,5981,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860--
130/1 ---1,8601,8601,860--------------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860--
1311 ---1,8601,8601,860--------------
133 6,2566,2566,2561,7381,738---------------
14 4,0774,991--14,3501,8571,857-15,799-23,370-24,128-21,990-18,881-20,560-21,693-15,470-13,117-17,6428,92911,2328,320-193
17/49 33,43754,66919,47929,35830,58942,32418,73022,67425,76918,28114,15919,55421,03427,75155,40770,50617,26436,41043,19558,254
17 14,21917,8943,2548,02412,66319,3095,2948,94713,5983,653--5,98110,59715,28333,5331,6296,57113,91226,799
170/4 14,21917,8943,2548,02412,66319,3095,2948,94713,5983,653--5,98110,59715,28333,5331,6296,57113,91226,799
42/48 19,21930,01115,84021,33417,92622,66613,43713,72612,17014,62914,15919,55415,05417,15440,12335,14114,11429,12728,12431,111
42 6,3758,2044,7704,6396,6457,5233,6534,6514,5521,478-5,9816,1854,6874,084--3,9873,6073,264
43 -----------404---12,8639,14515,89114,97712,975
430/8 -----------404---12,8639,14515,89114,97712,975
44 3,7457,2956,0078,9958,2886,0805,5607,0845,4256,20710,4565,4804,1082,8326,0741,6284,9697,5966,4629,873
440/4 3,7457,2956,0078,9958,2886,0805,5607,0845,4256,20710,4565,4804,1082,8326,0741,6284,9697,5966,4629,873
46 ---------4,919---------5,000
45 1,7252,6333,7443,0762,3564,3655061,6112,0801,359-260--3,6612,039-1,6523,078-
450/3 1,7252,6331,2901122,3563,1405061,6112,0801,359-260--3,661139-1,6523,078-
454/9 --2,4542,964-1,225---------1,900----
47/48 7,37411,8801,3194,6256374,6993,7183801146663,7037,4304,7619,63526,30418,611----
492/3 -6,764384--350---------1,8311,5217121,159344
Income statement
70 ------------------76,69847,063
76A --10,822-3266,265--------1,2171,4441,2561,2071,183580
9900 18,72922,22025,076-7,77213,40231,48314,5389,6707,14456912,45314,4007,97613,24027,822-8,4918,80218,47123,9175,829
60/61 ------------------52,78241,234
62 3,7383,440------------------
630 12,65210,0204,4183,4917,4727,3294,4775,0505,4851,3537,10811,28710,97411,65912,02912,1828,1859,58810,5864,934
640/8 9877271,5103,9291,8211,6229841,2211,2011,1829711,0046141,6742561,217978619377222
66A ---------------3,8772,4382,323--
9901 1,3518,03319,148-15,1924,10922,5319,0773,399458-1,9664,3742,109-3,612-9215,537-21,890-3618,26412,953674
75/76B --12910716700-20605021922,0231,619897216
75 --12910716700-20605021922,0231,619897216
65/66B 1,9051,6781,0009141,2402,2061,5062,1352,3661,1452,6951,5812,4992,2812,2382,2512,7821,9333,4401,535
65 1,9051,6781,0009141,2402,2061,5062,1352,3661,1452,6951,5812,4992,2812,2382,2512,7821,9333,4401,535
9903 -5546,35518,277-16,0962,87720,4927,5711,264-1,908-3,1091,6791,133-6,111-2,35214,525-26,571-2,3036,83311,593-65
67/77 3611,3641,2691121,1392,836-506230---1120---2,0623,079129
9904 -9154,99117,008-16,2071,73817,6567,571759-2,138-3,1091,6791,133-6,223-2,35314,525-26,571-2,3034,7728,514-193
9905 -9154,99117,008-16,2071,73817,6567,571759-2,138-3,1091,6791,133-6,223-2,35314,525-26,571-2,3034,7728,514-193
Appropriation of the result
9906 4,0774,9912,658-14,3503,5951,857-15,799-23,370-24,128-21,990-18,881-20,560-21,693-15,470-3,117-17,6428,92913,0928,320-193
14P 4,991--14,3501,8571,857---------------
691/2 --2,658-1,738------------1,860--
6920 -----------------1,860--
6921 --2,658-1,738---------------
694/7 --------------10,000-----
695 --------------10,000-----
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 8 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 17-08-2026.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 17 days after the deadline. Filed on 17 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00400586.

Financial year Type Filed Reference Document
31-12-2025 micro format 17-08-2026 2026-00400586 PDF
31-12-2024 micro format 04-08-2025 2025-00354574 PDF
31-12-2023 micro format 29-07-2024 2024-00296015 PDF
31-12-2022 micro format 07-08-2023 2023-00316178 PDF
31-12-2021 micro format 01-08-2022 2022-20253467 PDF
31-12-2020 micro format 27-08-2021 2021-58900476 PDF
31-12-2019 micro format 24-08-2020 2020-44000288 PDF
31-12-2018 micro format 19-08-2019 2019-48000250 PDF
31-12-2017 micro format 20-08-2018 2018-47300309 PDF
31-12-2016 micro format 18-08-2017 2017-44800098 PDF
31-12-2015 abbreviated format 31-08-2016 2016-56700410 PDF
31-12-2014 abbreviated format 24-07-2015 2015-34500582 PDF
31-12-2013 abbreviated format 29-08-2014 2014-53500013 PDF
31-12-2012 abbreviated format 20-08-2013 2013-44300111 PDF
31-12-2011 abbreviated format 24-07-2012 2012-33400017 PDF
31-12-2010 abbreviated format 30-08-2011 2011-50100133 PDF
31-12-2009 abbreviated format 30-09-2010 2010-56300075 PDF
31-12-2008 abbreviated format 31-08-2009 2009-74500043 PDF
31-12-2007 abbreviated format 26-08-2008 2008-64100097 PDF
31-12-2006 abbreviated format 28-08-2007 2007-64900311 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
14,00318,05323,566-11,70111,58129,86013,5548,4495,943-61311,48313,3957,36211,56727,567-9,7087,82417,85123,5395,607
11,73715,01121,426-12,7169,21024,98512,0485,8083,347-1,7568,78712,4194,7519,30626,555-14,3895,88214,35919,1004,740
9,67532,5247,44501,02436,6621,352021,315-1,1522,7214,05401,01745452,7167884,3733,07448,357
-19,79215,1002,875-12,815-2,20817,114-1,0414,000-5,5691,002--441-6,7827,040-5865-9,4875,793-
-7,1061,271-2,235-12,8934,4633,272585-6,458-7,615407-2,642-8,708-11,122-11,257-14,860-17,01214,00110,6026,0802,126
------------------16.9%1.4%
46.4%35.3%56.1%21.1%44.0%34.5%19.9%-14.7%-16.6%-9.1%10.0%-0.5%-6.2%15.2%11.7%3.8%63.0%46.5%38.4%24.0%
0.631.040.860.401.251.141.040.530.371.030.810.550.260.340.630.521.991.361.221.07
0.631.040.860.401.250.950.810.320.070.890.670.300.110.340.370.521.991.361.221.07
1.161.830.783.741.271.904.02---8.97--5.567.5525.020.591.151.603.16
-3.2%16.7%68.4%-206.5%7.2%79.1%162.4%---106.4%---47.1%197.8%-942.9%-7.8%15.1%31.6%-1.1%
-1.5%5.9%38.4%-43.6%3.2%27.3%32.4%3.8%-9.7%-18.6%10.7%5.8%-31.4%-7.2%23.1%-36.2%-4.9%7.0%12.1%-0.3%
7.3510.7623.56-12.809.34---------------
------------------50 days51 days
------------------45 days87 days

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€9,675€32,524€7,445-€1,024
€12,652€10,020€4,418€3,491€7,472

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

Insights on MGC CONSTRUCT

The operating result for 2025 is 83% lower than in 2024 and the lowest since 2022. It is the second fall in a row.

Debt's share of the balance-sheet total falls from 64.7% to 53.6%. Equity and debt are lower.

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