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MGL

Active
Private limited companyfounded 2003active for 22 yearsRue Gaston Ragon(B.V.) 19, 5170 Profondeville, BelgiumKBO/BCE: BE 0861.864.992
Summary

MGL has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €706,639 and a net result of €14,275. Equity is growing by about 37% per year across the filed financial years. Its solvency ranks better than 93% of 9,806 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysisFollow ReportCompare
MGLActiveChecked score 69/100
Risk analysis ReportCompare

Articles of association

What the company does

Name clauseThe name the company operates under according to its articles.
MGL
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne, organe d’administration” (deed in French)

deed of 22-06-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Personnes physiques ou morales,actionnaires ou non, 1” (deed in French)

deed of 22-06-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Monday of May at 19:00

deed of 22-06-2023

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“En vertu des statuts si aucun autre désigné, dissolution pour quelque cause et à quelque moment” (deed in French)

deed of 22-06-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Appels de fonds, totalité à l’émission” (deed in French)
Other provision: “Indivisibilité des titres, droits exercés par l’usufruitier sauf disposition contraire des statuts,testament ou convention” (deed in French)
Other provision: “Gestion journalière, en tout temps” (deed in French)
Other provision: “Assemblée générale par procédure écrite, décisions devant être reçues dans un acte authentique” (deed in French)
Other provision: “Assemblée générale électronique, qualité d’actionnaire et identité contrôlées et garanties par règlement interne” (deed in French)
Other provision: “Délibérations, dispositions légales actions sans droit de vote” (deed in French)
Other provision: “Organe d’administration, 3 semaines” (deed in French)
Other provision: “Répartition–réserves, assemblée générale” (deed in French)
Liquidation distribution: “Biens conservés remis même proportion, apurement dettes,charges,frais ou consignation” (deed in French)
1 more provision in the deed, see the deed of 22-06-2023

deed of 22-06-2023

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