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MGI

Active Risk: not assessed Private limited companyfounded 2014active for 12 yearsKortrijkse heerweg 209, 8540 DeerlijkKBO/BCE: BE 0563.451.125 #4 company by equity in Deerlijk, Finance and insurance sector

Lifetime

11 annual accounts with figures on one time axis
peak €1.2m (2022)
€226,892▼ 52.3%
peak €496,017 (2022)
€123,356▼ 60.4%
peak €10.1m (2025)
€10.1m▲ 1.2%
€264,267▲ 344%
peak 3.1 FTE (2019)
2.3 FTE▼ 4.2%
Board2 names since 2014
2 directorsDE GRYSE Ann Patricia Valerie and 1 other
Documentsfilings and deeds
27-07-20264 days before the deadline
2025financial year
Turnover from €476,116 to €226,892Result from €311,113 to €123,356Debts from €59,565 to €264,267Investments €702Cash from €61,813 to €28,962

Key points

from the 2025 annual accounts

Equity

€10.1m ▲ 1.2%

MGI has made a profit in every financial year since 2015.

Turnover

€226,892 ▼ 52.3%
€476,0002024€227,0002025

Turnover fell in 2025 from €476,116 to €226,892.

Debts

€264,267 ▲ 344%
Other debts
+130,212
Suppliers
+77,815
The rest
-3,326

Debts rose by €204,701 in 2025.

Investments

€708 5.5 × depreciation

Green is investment, beige is depreciation.

Payment terms

104 days to suppliers
Suppliers
13 to 104
Customers
14 to 7

MGI pays its suppliers 91 days later than in 2024. Customers pay 7 days earlier.

Filings

11 annual accounts since 2015
AprilJune31 JulyOctober201520202025

The last five annual accounts were filed 4 to 64 days before the end of the period.

Financial institution: outside the modelBankruptcy probability: sector outside the model

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.

Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

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

Signals

1 signal, which does not raise the risk
1 signal.
neutral
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 days early
2024
35 days early
2023
64 days early
2022
6 days early
2021
18 days early
2020
17 days early
2019
18 days early
← 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 23 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% 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 13 July (4 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

DG
Director, since 28-09-2020
DM
Director, since 28-09-2020

Shares in 4 companies, including MUVANTEX UK LTD and INFINICO

Board & ownership

Recent changes

2 directors appointed, 2 resignations, 2 reappointments Appointments: DE MUNSTER Jo Alois Fernand (statutory director) and DE GRYSE Ann Patricia Valerie (statutory director) · Resignations: DE MUNSTER Jo Alois Fernand (statutory director) and DE GRYSE Ann Patricia Valerie (statutory director) · Reappointments: DE MUNSTER Jo Alois Fernand (statutory director) and DE GRYSE Ann Patricia Valerie (statutory director) · Gazette deed
Incorporation published on 02-10-2014 · Gazette deed
First establishment Kortrijkse heerweg 209, Deerlijk
All 19 events

Comparable companies

same main activity, similar in size and age
Company
MGI Deerlijk €226,892 - 97.5% 2.3
JD HOLDING Kalmthout €305,699 - 49.4% 1.8
Dipesan Zele €150,000 4.8% 95.4% 1.8
JONNAERT INVEST SRL Mons €138,151 -4.8% -0.9% 3
B3B Sint-Truiden €349,500 1.0% 67.4% 1.5
REMAKO INVEST Sint-Niklaas €251,109 7.5% 65.1% 2.1
DATSIT Bree €211,238 - 69.2% 1

These companies have the same main activity as MGI: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €6.1m and €13m, founded between 2007 and 2018.

Official details

Source: KBO
Status
Active since 30-09-2014Normal situation
Activity
Activities of holding companiesNACE 64210and 1 other
Joint committees
100Auxiliary committee for blue-collar workers
200Auxiliary committee for white-collar workers · annual accounts 2024
Establishment unit
2.236.172.5738540 Deerlijk, since 30-09-2014
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€10.4m▲ 3.3%
Employeeson 31-12-2025
3=
Filing
Filed on 27-07-2026, 4 days before the end of the filing period
Financials

Companies linked to MGI

Insights on MGI

MGI has existed since 2014. In 2022 turnover rose from €557,550 to €1.2m.

Turnover has fallen every year since 2022.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MGI

What is the company number of MGI?
The company number of MGI is 0563.451.125. The VAT number is the same number with BE in front: BE 0563.451.125.
Where is MGI based?
The registered office is at Kortrijkse heerweg 209, 8540 Deerlijk.Company details
What does MGI do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of MGI?
MGI is a private limited company (BV).
When was MGI founded?
MGI was founded on 30-09-2014.
Is MGI still active?
Yes, MGI is an active enterprise in the KBO register.
How many employees does MGI have?
MGI had an average of 2.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MGI fall under?
In its 2024 annual accounts, MGI states joint committees 100 (Auxiliary committee for blue-collar workers) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of MGI?
The turnover of MGI was €226,892 in financial year 2025, according to the filed annual accounts.
Is MGI profitable?
In financial year 2025, MGI made a profit of €123,356.
Where can I find the annual accounts of MGI?
MGI filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MGI due?
MGI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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